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Tanzania Shilling Drops to Record; Kenya Currency Falls 6th Week


Bloomberg
Tanzania Shilling Drops to Record; Kenya Currency Falls 6th Week
Bloomberg
Tanzania's shilling dropped to a record low to lead declines among currencies in East Africa's biggest economies this week as investors sought dollars amid a rally in the foreign currency. The Bloomberg Dollar Spot Index, which tracks the greenback against ...
Kenya to host regional spy centreCapital FM Kenya (press release) (blog)
Kenya to host regional intelligence Centresomalicurrent

all 9 news...

Bloomberg

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Habari Zinazoendana

5 years ago

CNBC

Oil drops 9% following a record surge last week, as OPEC meeting on a production cut is delayed

Oil drops 9% following a record surge last week, as OPEC meeting on a production cut is delayed  CNBCOPEC+ meeting delayed as Saudi Arabia and Russia row over oil price collapse: sources  CGTNKuwait backs Saudi call for talks on cutting oil output  Middle East EyeOp-Ed: The US oil industry is more likely to be saved by a government bailout than by OPEC  CNBCHow Saudi Arabia Can Save the Global Oil Industry  BloombergView Full coverage on Google...

 

9 years ago

Michuzi

KEYNOTE ADDRESS BY HIS EXCELLENCY JAKAYA MRISHO KIKWETE, PRESIDENT OF THE UNITED REPUBLIC OF TANZANIA, AT THE KENYA - TANZANIA BUSINESS FORUM IN NAIROBI, KENYA, 6TH OCTOBER 2015

KEYNOTE ADDRESS BY HIS EXCELLENCY JAKAYA MRISHO KIKWETE, PRESIDENT OF THE UNITED REPUBLIC OF

TANZANIA, AT THE KENYA - TANZANIA BUSINESS

FORUM IN NAIROBI, KENYA,

6THOCTOBER 2015


Ladies and Gentlemen;

I thank you President Uhuru Kenyatta for including this meeting in my itinerary and for what you have just said emphasizing the importance of promoting business relations between our two countries. I thank Mr. Kiprono Kittony the Chairman of the Kenya Chamber of Commerce and Industry for organising...

 

10 years ago

TheCitizen

Shilling on deathbed as it falls to 2,000 figure

>It is now obvious that the shilling is in a serious crisis because at no time in the past decade have Tanzanians witnessed a free fall of this magnitude of their currency.

 

9 years ago

BBC

Extreme poverty falls to record low

The World Bank says that for the first time less than 10% of the world's population will be living in extreme poverty by the end of 2015.

 

10 years ago

TheCitizen

Shilling hits record low against dollar

The shilling has tumbled to a record low, with analysts and dealers predicting a freefall that could see the local currency trade at an average of Sh2,000 against the dollar during the campaign period. 

 

11 years ago

TheCitizen

Shilling gains after 10-week shock

After a streak of 10 weeks of losses, the longest weakening ever for the shilling, the currency has begun to gain ground against the dollar.

 

9 years ago

TheCitizen

Bourse falls by 98pc after sharp rise previous week

The Dar es Salaam Stock Exchange (DSE) turnover decreased by 98 per cent last week and brokers have reported a volatile participation of investors ahead of the General Election on October 25.

 

11 years ago

Michuzi

Record heroin bust off Indian ocean near Kenya, Tanzania high seas border

HMAS Darwin's ridged hull inflatable boats, with members of the boarding party team embarked, approach the suspicious dhow to conduct a boarding. HMAS Darwin’s ridged hull inflatable boats, with members of the boarding party team embarked, approach the suspicious dhow to conduct a boarding.
By Combined Maritime Forces 
Australian warship HMAS Darwin, operating under the command of a Royal Navy Commodore and his British team has made the largest ever seizure of heroin from a dhow at sea.
The record breaking 1,032 kilograms haul, with an estimated UK street value in excess of 140 million pounds, was discovered onboard a dhow in the...

 

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