Keep your cash safe, open a bank account

The National Bank of Commerce (NBC) said yesterday that no single cent from its customers’ deposits has been lost following a fire scare that disrupted operations at its headquarters on Wednesday.

>The government here has directed Kilimanjaro Native Cooperative Union (KNCU) 1984 Limited and the CRDB Bank to open an account similar to the controversial Tegeta escrow one.

Nigerian government departments told to ensure all transactions pass through a single bank account by the end of Tuesday as part of anti-fraud measures.

You can now send and receive money to and from Rwanda via mobile phones, thanks to a new initiative by Tigo Tanzania.

Uganda’s account meant to hold oil money, The Petroleum Fund, is currently holding $36m (about Ush119 billion), Bank of Uganda (BoU) 2014/15 Annual Report shows.

Hindustan Times
Tanzania current account deficit narrows 23 pct in year to April: central bank
Reuters Africa
DAR ES SALAAM (Reuters) - Tanzania's current account deficit narrowed 23 percent in the year to April, helped by a drop in the bill for oil imports and improved performance of the tourism and manufacturing sectors, its central bank said on Thursday. The gap ...
Tanzania Seeks Up to 85% Profit Share From Oil, Gas OutputBloomberg
Tanzania's female politicians trained to campaign, avoid...

NorthEast Today
African Development Bank Support for Safe City Water and Sewage Treatment in ...
AllAfrica.com
The African Development Bank Group (AfDB) has approved a loan of US $211-million to help address the urgent need for improved water and sanitation in the city of Arusha in Tanzania. The sum represents 90% of the cost of the Tanzanian Government ...
Modi is Breaking Taboos for Sanitation:UN ChiefNorthEast Today

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Daily News
Tanzania Women Bank eyes to open centres
Daily News
THE Government has assured Members of Parliament and the public in general that Tanzania Women Bank (TWB) will open centres in all regions countrywide. This was revealed by the Deputy Minister for Community Development Gender and Children Ms ...

The World Bank board of directors has approved a $300 million (Sh480 billion) loan to Tanzania to improve its railway and road transport infrastructure.