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Interbank rates increase

Dar es Salaam. Tanzania’s interbank rates – the lending rates at which commercial banks borrow from each other - increased significantly on Tuesday as the shortage of cash in circulation afflicts banks.

TheCitizen

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Habari Zinazoendana

10 years ago

TheCitizen

Interbank rates double as illiquidity bites in market

>Interbank rates, the lending rates at which commercial banks borrow from each other, more than doubled in two weeks as bankers cite the shortage of cash in circulation.

 

10 years ago

TheCitizen

Interbank rates fall to 11pc as liquidity improves in market

>The overall interbank rate was 23.76 per cent less in August as banks’ liquidity improves.

 

10 years ago

TheCitizen

Why joy when effects of growth rates near zero?

Nine days ago, Tanzania marked 53 years of political ‘Independence’ for what had until December 9, 1961 been under alien rule as ‘Tanganyika Territory.’ The country then became ‘Tanganyika’ until December 9, 1962, when it became a Republic within the (British) Commonwealth.

 

11 years ago

TheCitizen

Bank interest rates should be reviewed

The request by the Parliamentary Committee on Economy, Industry and Trade to the Bank of Tanzania (BoT) to lower Treasury Bill rates to encourage a similar move by commercial banks on interest rates on loans should be hailed.

 

9 years ago

BBC

Zambia raises interest rates to 15.5%

The African country's central bank has pushed up interest rates from 12.5% to 15.5% in an effort to curb soaring inflation.

 

11 years ago

TheCitizen

Kikwete decries high interest rates

High interest rates charged by financial institutions, specifically banks, have been a hindrance to business growth and expansion in the country, the President has said.

 

10 years ago

BBC

Renard rates team ethic over stars

Ivory Coast coach Herve Renard says his team cannot rely only on Wilfried Bony and Yaya Toure at the Nations Cup.

 

11 years ago

TheCitizen

Get smart, lenders, and cut your interest rates

The fact that lenders are behind the failure of many start-up businesses should raise the red flag. Basically, lenders are meant to supplement the growth efforts of small-scale enterprises.

 

9 years ago

BBC

Elephants' low cancer rates explained

Elephants have enhanced defences against cancer that can prevent tumours forming, say scientists.

 

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