Banks paid millions in bonuses weeks before ban on cash rewards

The $122 million (Sh201 billion), which was at the escrow account held at Bank of Tanzania (BoT), was transferred to Pan Africa Power Solutions (Tanzania) Ltd (PAP) account between November 28 and December 8, last year, The Citizen can reveal today.

Tighter controls pay off as millions in undeclared cash seized  The Citizen Daily

>The Central Bank of Kenya (CBK) has awarded Safaricom a cash remittance operating licence, enabling the telecoms giant to transfer money out of the country and opening new markets for its popular mobile money transfer service, M-Pesa.

Inner City Press
Ban Took Award from Baldwin Spencer, Wang and Lorenzo, Who Paid UNCA
Inner City Press
UNITED NATIONS, October 14 -- As the scandal unveiled in the corruption charges against former UN General Assembly President John Ashe, Francis Lorenzo of South South News and others continues to expand, the compromised position of the UN ...

Overwhelmed by huge debts, the management of Moshi-based co-operative society has now started selling some of its assets to pay debts running into billions.

SAMSUNG Electronics East Africa Tanzania has today rewarded its winners for its E-warranty draw for June at its Quality Centre Brand Shop, along Pugu Road.
Samsung Electronics introduced the SMS check off point buying system dubbed E- Warranty to enable customers identify genuine Samsung phones through the phone's IMEI Number.
Samsung Electronics Account Manager Mr. Ibrahim Kombo said ‘Since the introduction of the E-Warranty system in Tanzania, the response from customers has been...

Wateja wa DStv walioshinda malipo ya mwezi ya mwaka mzima wakipongezwa na Meneja Uhusiano wa MultiChoice Tanzania, Barbara Kambogi (kulia) na Operations Manager wa kampuni hiyo Ronald Shelukindo (Kushoto). DStv, the leading pay television service has awarded its customers over Tshs 26,000,000 worth of subscription, in a campaign aimed at thanking and rewarding subscribers for their sustained loyalty and support. The campaign dubbed DStv Rewards has given out free annual subscriptions...

Chairman of the VWV Group, Mark Steinhobel.

Much has been said and written about the fortunes of doing business on the African continent or simply, in countries outside ones own familiar comforts. There is something to be gleaned from those who have gone before us and have gathered various insights into what it takes to make operating in Africa a success.

For a global tourism marketing organisation like South African Tourism, we are of the opinion that all these views and learnings are...