TZ-Rwanda cash transfers open

>The Central Bank of Kenya (CBK) has awarded Safaricom a cash remittance operating licence, enabling the telecoms giant to transfer money out of the country and opening new markets for its popular mobile money transfer service, M-Pesa.

The government is losing billions of shillings from corporate sources of taxes due to online bulk cash transfer system that has loopholes for cybercrimes, according to banking lawyer Hawa Sinare.

>In the last decade, countries in Central and South America made enormous strides in providing state assistance to the vulnerable sections of their population through social welfare spending.

Once upon a time, 90 Dar residents dreamt of rising above poverty. They wanted to start or expand their businesses.

Rwanda’s parliament was set to open a debate Monday on amending the constitution to let strongman and President Paul Kagame run for a third term in 2017.

Overwhelmed by huge debts, the management of Moshi-based co-operative society has now started selling some of its assets to pay debts running into billions.

The Controller and Auditor General’s (CAG) report on the finances of political parties, which was handed over to the Parliamentary Public Accounts Committee on Tuesday, paints a disturbing picture.

President Jakaya Kikwete yesterday appointed 13 new district commissioners and transferred seven others.

Another busy transfer window is underway, with a number of players switching clubs in lucrative contracts. Yes, it is money-spinning season for small clubs. They groom players only to lose them to the likes of Yanga, Simba and Azam FC. They benefit financially and always look for more feeder clubs. This is also the time for players to also rake in millions of shillings.