Pensioners to benefit from new loan deal

The Eastern Africa Grain Council (EAGC) in partnership with KCB Rwanda and the Rwanda Grain and Cereals Corporation (RGCC) have signed a tripartite Memorandum of Understanding (MoU) that seeks to promote structured grain trade and financing in Rwanda and in the region.

Malian striker Modibo Maiga joins French side Metz on a season-long loan from English Premier League club West Ham.

Chelsea are to complete a loan deal for Radamel Falcao from Monaco very soon before allowing the striker to take an extended break ahead of a return to pre-season training.That’s according to Tom Dutton of the London Evening Standard, who wrote that the deal will be completed “imminently.” It’s also noted in the piece that Colombian TV channel Caracol claim the 29-year-old will then join up with the Blues on July 19 after a three-week break.

Mourinho clearly feels there is more to come from...

>A nation with a visionary leadership anchors its future on the young. This is why we must pay greater attention to education, the means by which youth are prepared to build and sustain their societies as their parents pass on.

The Social Security Regulatory Authority (SSRA) is preparing new benefit packages for members of social security funds, including unemployment benefits.

The government owes workers Sh8.43 trillion, and that is a hefty amount, even if it is converted to currencies of the industrialised economies. We are talking of about $ 5 billion here or, if you like, some sterling pounds 3.1 billion!

The Social Security schemes in Tanzania have been in the headlines of local mass media organs in recent times – much of that good, I must hastily add!

The National Microfinance Bank (NMB) has signed a $35 million syndicated loan with the Netherlands Development Finance Company, FMO, to boost its corporate and SME lending.

Commercial banks have just made it more difficult for the average Tom, Dick and Jane to get a loan for personal use, The Citizen on Sunday has reliably learnt.