Uchumi profit up 7.6pc in year to June

How you can profit from the record low 10-year Treasury yield  CNBCWeekly mortgage applications soar as rates head lower  InvestopediaRecord wave of US refinancing forecast after Federal Reserve’s rate cut  Financial TimesMortgage refinances surge 26% as people scramble to take advantage of plunging interest rates  Business InsiderWeekly mortgage refinances spike 26% as interest rates tank on coronavirus fears  CNBCView Full coverage on Google...

Equity Bank’s net profit rose by 230.9 per cent during the year ending September 2015 as the financial entity steps up efforts to reach the unbanked segment of the population.

EALA has today debated and adopted the Report of the Committee on the Audited Accounts of the EAC for the Year ended 30th June 2014.
During debate, Members called for improvement on the financial performance of the Community, review of procurement procedures and adherence to the set regulations.  They further want the absorption of funds by the Community enhanced and reimbursement of all unclaimed Value Added Tax (VAT) followed.
The report presented to the House by the Chair of the Accounts...

Festival Program 2014 TIMES and VENUES for SCREENINGS     Read more. BONGO MOVIES SELECTION   Mimi na Mungu wangu: Dir. Iddy Bigilwa Fan's Death: Dir.Vincent Kigosi Hard Price: Dir.Vincent Kigosi Twisted: Dir.Vincent Kigosi Foolish Age: Dir. Chiddy Classic Dala dala: Dir.Suleiman Barafu Money Talk: Dir. Haji Adam Witch Doctor: Dir. Leah R. Mwendamseke Bad Luck: Dir.Adam Kuambiana Vanessa in Dilemma: Dir.Saguda George Kitendawili: Dir. Single Mtambalike Zero (Short Film) Dir. Adam...

Cooling in the Nile, jumping in the air and baking bricks

Tanzania annual headline inflation increased to 6 per cent in January from 5.6 per cent recorded in December, National Bureau of Statistics (NBS) has announced.

The prospects for growth in the banking industry seem bright as majority of the top players record profits towards the end of the year.

Tanzania annual inflation rate slowed to 6.6 per cent from 6.7 per cent recorded in August as some food and non-food commodities recorded price decrease in the market.

Tourist arrivals in the East African Community (EAC) bloc will record a rise of four to six per cent this year compared to last year, according to the World Trade Organisation (WTO) projections.