Revealed: Tycoons with offshore bank accounts

More than half of Nigeria's bank account holders could lose electronic access to their accounts as a deadline for a compulsory biometric registration expires shortly.

Monzo launches free and paid-for business bank accounts  TechCrunchMonzo's next big move is taking on broken business banking  Wired.co.ukMonzo finally breaks into business banking with the launch of two SME accounts  AltFiDigital bank Monzo in move to win bigger slice of business market  The TimesView Full coverage on Google News

Some city tycoons are leading an underground moves to overturn the land use plan in Dar es Salaam’s prime areas in what is seen as a crooked rush to secure real estate deals running into billions of dollars in development, The Citizen can report.

Three individuals out of the seven named in a leaked offshore data, who used Tanzanian addresses to register companies, were agents acting and facilitating some local leaders and businesspeople in illicit financial deals.

Business executives are the most corrupt group in Africa after police officers, and five other interesting findings from a corruption survey.

Marine institute to research oil offshore
Daily News
THE Institute of Marine Science (IMS) - University of Dar es Salaam (UDSM) has announced it will conduct research on available marine natural resources with a focus on oil. Deputy Vice-Chancellor of UDSM, Prof Cuthbert Kimambo, said here during the ...

Tanzania: Tycoons in Plot to Overrun Oysterbay
AllAfrica.com
Dar es Salaam — Some city tycoons are leading an underground moves to overturn the land use plan in Dar es Salaam's prime areas in what is seen as a crooked rush to secure real estate deals running into billions of dollars in development, The Citizen ...

>BG Group, a world leader in exploration and LNG, announced yesterday that results from a recently completed second drill-stem test (DST) on the Mzia discovery in Block 1, offshore southern Tanzania, provided further support for a hub development to supply a potential onshore LNG project.

 

-This represents a major vote of confidence in AfrAsia business model

 AfrAsia Bank Limited (http://www.afrasiabank.com/en)  today announced the addition of an important world-class strategic partner, National Bank of Canada, to its shareholding structure.   This represents a major vote of confidence in its business model, financial standing and unique positioning in regional and international markets. National Bank of Canada will immediately acquire a 9.5% stake in AfrAsia Bank, with the...