Swala listing oversubscribed by Sh2bn

Swala sought to collect Sh4.8 billion to boost its working capital. However, by the close of the IPO it had collected Sh6.65 billion

TheCitizen

Habari Zinazoendana

9 years ago

TheCitizen

31 Dec

Exim Bank’s bond oversubscribed

Exim Bank Tanzania has announced the successful closure of its six-year retail bond which was oversubscribed by almost 100 per cent.

 

11 years ago

TheCitizen

02 Apr

Gas company rights issue oversubscribed by 33pc

TOL Gases Limited’s rights issue has been oversubscribed by 32.7 per cent at the Dar es Salaam Stock Exchange (DSE).

 

10 years ago

TheCitizen

11 Nov

Govt borrowing cost soars as Treasury bills oversubscribed

Treasury bills have been oversubscribed and the borrowing costs for the government have been soaring.

 

10 years ago

TheCitizen

11 Aug

Mining zone collects Sh2bn

The Southern Mining Zone surpassed a target of non-tax revenue collection in the 2014/15 financial year, according to the Ministry of Energy and Minerals.

 

11 years ago

TheCitizen

09 May

City trader in court over Sh2bn

Dar businessman Timotheo Wandiba was yesterday charged at the Kisutu Resident Magistrate’s Court in Dar es Salaam with laundering over Sh2 billion, money which was reportedly stolen from Bank of Africa (BOA).

 

11 years ago

TheCitizen

28 May

Insurance agency posts Sh2bn profit

African Trade Insurance (Ati) agency posted a profit of Sh2.4 billion ($1.5 million) last year, Sh960 million ($0.6 million) higher than it earned the previous year.

 

10 years ago

TheCitizen

10 Feb

Tigo to spend Sh2bn on expansion in Isles

Tigo Tanzania plans to spend $1 million (about Sh1.75 billion) on building 10 new mobile transmission sites in Zanzibar as part of the mobile phone firm’s countrywide expansion programme.

 

10 years ago

TheCitizen

22 Dec

Sh2bn is the start-up capital for community banks: BoT

>The Bank of Tanzania (BoT) has insisted that the start-up core capital for a community bank will strictly be Sh2billion by 2017 and that banks which could not adhere to the procedure would be in trouble.

 

9 years ago

TheCitizen

01 Jan

Joy as widow wins back Sh2bn house

A widow whose husband was shot dead in the middle of an eight-year battle to repossess their nearly Sh2 billion  worth city plot and mansion had a reason to wipe out her tears when a court granted her the right to the property.

 

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