Finance

EAC stresses quality products to broaden market

INVESTORS and traders in the East African Community (EAC) have been challenged to focus on improving the quality of their…

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WHI’s Faida goes on offer next month

UTUMISHI Housing Investments (WHI), a house developer and a licensed fund manager, launches an open-ended Faida Fund Scheme and its…

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Shilling steadiness tempo continues

THE shilling has remained steady despite pressure from the greenback and is expected to hold longer as cashew nut season…

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Novel idea touted for banks to boost financial inclusion

BANKS and financial institutions should venture into hire purchase model for smartphones, tablets and laptops to women entrepreneurs to provide…

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LAAC unhappy with Mlele DC accounts 

THE Parliamentary Local Authorities Accounts Committee (LAAC) recently expressed dissatisfaction with the explanations by the Mlele District Council authorities over…

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NSSF invests 25.7bn/-in TDB group

With an investment of over USD 11 million in Class B shares (about 25.7bn/-) the National Social Security Fund (NSSF)…

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UPDATE: Jeremy Hunt replaces Kwasi Kwarteng as new UK Finance Minister

UK Prime Minister Liz Truss has appointed Jeremy Hunt, the former health and foreign secretary, as the new Finance Minister…

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UK Finance Minister Kwarteng sacked after 38 days in office

UK Prime Minister has Liz Truss has sacked Minister of Finance, Kwasi Kwarteng, BBC has reported Before his removal from…

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Marine scientists find causes of mass fish deaths in Zanzibar

THE Zanzibar Ministry of Blue Economy and Fisheries has said investigation was underway to find out the cause of deaths…

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ZSTC pays 38bn/- to clove farmers in Zanzibar

ZANZIBAR State Trading Corporation (ZSTC) has paid over 38bn/- to clove farmers in Unguja and Pemba in procurement of about…

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