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Tanzania Banking News is an EIN News Service for banking industry professionals. Constantly updated news and information about Tanzania Banking.
Latest Tanzania Banking News
- Kenya: Nakumatt sets Sh1.8 billion price for sale of 30 per cent stake 24 Nov 2009 14:53 GMT
... medium term syndicated loan from four local banks. The sale price puts Nakumatt's total worth at about ... a major jolt in 2006 after the Central Bank of Kenya put one of its bankers, Charterhouse Bank, under statutory management. A strong ...
- Yesterday's Top Story: Gold to hit $1650 by late 2010, early 2011, but estimate could be low - Jim Sinclair 24 Nov 2009 08:20 GMT
... HOME > WHATS NEW Yesterday's Top Story: Gold to hit $1650 ... gold. According to Jim Sinclair, chairman at Tanzanian Royalty Exploration, the price of the yellow ... IMF which I believe is becoming the central bank." He adds that, national strength and ...
- UBA Opens in Gabon - Now in 14 African Countries 24 Nov 2009 04:30 GMT
... The pan-African financial services Group, United Bank for Africa ... African countries where UBA has full scale banking operations. The other countries being; Nigeria, Ghana, ... Senegal, Burkina Faso, Chad, Benin, Kenya and Tanzania. Mr. Rasheed Olaoluwa, Chief Executive Officer, UBA ...
- BoT Now Comes Up With New Limitation 23 Nov 2009 12:20 GMT
... of Tanzania (BoT) has restricted outsourcing by banks and financial institutions to enhance the stability of the ... of the core banking activities, which the central bank describes as "strategic". These activities, which ... skilled manpower. Efforts to get the Tanzania Bankers Association (TBA) to comment on the matter ...
- Nakumatt Sets Sh1.8 Billion Price for Sale of 30 Per Cent Stake 23 Nov 2009 12:32 GMT
... medium term syndicated loan from four local banks. The sale price puts Nakumatt's total worth at about ... a major jolt in 2006 after the Central Bank of Kenya put one of its bankers, Charterhouse Bank, under statutory management. A strong ...
- Fresh clues about Deep Green 22 Nov 2009 08:46 GMT
... investigated the circumstances under which the country’s Central Bank inexplicably paid close to $10million to ... however, Nedbank Africa Ltd-a branch of the banking group that focuses on expanding banking services ... 1, 2004, a public holiday when the banks were closed, the company opened its Current Account No.011103024840 ...
- UTL Donates to Gulu School for Blind 20 Nov 2009 19:53 GMT
... Kampala — Uganda Telecom last week donated food ... 1029 students, including 60 blind students. Kenya Commercial bank (KCB) last week opened officially its ... the bank's commitment to taking financial and banking services closer to the marketplace. "To operate ...
- Allowances cost nation a fortune, says new report 19 Nov 2009 06:54 GMT
... from one foreign trip than the average Tanzanian farmer earns in one year of hard ... in the delegation, some being from the central bank and other government institutions. This is ... where you could meet executives from international banks and representatives of different institutions all together, while we ...
- Moneyweb special report podcast: Gold to hit $1 650 in 2010 - Jim Sinclair 23 Nov 2009 07:44 GMT
... the metals industry, the chairman of the Tanzanian Royalty Exploration, and a man who has ... intention on itself, and as the central banks are changing, so in fact are our major fund ... might make sense if you were a central bank. What's your position on that thought? ...
- EAC integration in full gear as common market protocol signed 22 Nov 2009 19:44 GMT
... The biggest concern now seems to be getting rid of ... by rain and ended as night fell. Tanzanians have apparently been the hardest to convince ... by the required institutions such a common central bank. Deputy secretary-general in charge of infrastructure ...
- East African bloc sign common market treaty 22 Nov 2009 04:37 GMT
... East African Heads of State from left Presidents Yoweri Museveni ... Museveni (Uganda), Paul Kagame (Rwanda), Jakaya Kikwete (Tanzania), Mwai Kibaki (Kenya) and Pierre Nkurunziza (Burundi) ... Monetary Union being spearheaded by the European Central Bank in collaboration with the East African ...
- EAC common market protocol to spur economic growth (2) 21 Nov 2009 05:13 GMT
... The president noted that most residents of the region were ... Monetary Union being spearheaded by the European Central Bank in collaboration with the East African ... programs. During the summit President Kikwete of Tanzania assumed the position of EAC chairman from ...
- Gold to hit $1650 next year: Jim Sinclair 23 Nov 2009 23:52 GMT
... Will the gold price hit $2000 mark in 2010? This is ... asking. According to Jim Sinclair, chairman at Tanzanian Royalty Exploration, the price of yellow metal ... IMF which I believe is becoming the central bank.” (Source: Mineweb) ...
- Gold to hit $1650 by late 2010, early 2011, but estimate could be low - Jim Sinclair 22 Nov 2009 09:13 GMT
... HOME > GOLD ANALYSIS Gold to hit $1650 by late 2010, ... gold. According to Jim Sinclair, chairman at Tanzanian Royalty Exploration, the price of the yellow ... IMF which I believe is becoming the central bank." He adds that, national strength and ...
- Whose Community is It Anyway? [opinion] 23 Nov 2009 10:00 GMT
... often ran aground on the reality of bankers coming out of the shadows and placing ... the real owners. Likewise, much of Uganda's banking sector in the 1960s was actually owned by European banks through a simple but clever formula: The local ...
- Horticulturalists Now Breathe a Sigh of Relief 19 Nov 2009 00:56 GMT
... horticultural sector, with no exception to the Tanzanian flower industry. In Tanzania horticulturalists who have ... to the government to help with convincing banks to reschedule servicing of bad loans. Local flowers ...
- Optimism as EAC Common Market pact signed 21 Nov 2009 06:24 GMT
... Leaders of the EAC partner states sign the ... effect in July 2010. The states are Tanzania, Burundi, Kenya, Rwanda and Uganda and all ... been open to foreign workers in the banking, advertising, oil industry, insurance, capital markets, breweries ...
- DCB posts cumulative profit of 1.38 billion/- 23 Nov 2009 06:52 GMT
... last year. A statement issued at end of last week, said like many other Tanzania’s small banks, DCB's financial results painted a healthy liquidity position of the bank, with every indicator recording ...
- Telecoms firms grow mobile money 22 Nov 2009 13:50 GMT
... Posted Monday, November 23 2009 at 00:00 MTN Uganda and Vodacom Tanzania are among six beneficiaries of grants from ... who buy and sell agricultural produce, to banking services. The simplicity and security of the ...
- I Will Follow My Shs 900m to the Grave - Akankwasa [interview] 19 Nov 2009 20:35 GMT
... is a lot of cross-border trade [with Tanzania]. My brothers John Bagambe and George Akankwasa, ... it. Besides, these people don't believe in banking and the money was not mine to ... like suicide. There are thieves in these banks. Why did you conclude that it was your ...
- USA - Credit guarantees from USDA 21 Nov 2009 01:11 GMT
... by guaranteeing payments due from approved foreign banks to exporters or financial institutions in the United ... Senegal, Seychelles, Sierre Leone, South Africa, Swaziland, Tanzania, Togo, Uganda, Zambia, Zimbabwe All commodities: $50 ...
- Media Trust African of The Year Nominee to Be Named January 23 Nov 2009 12:12 GMT
... Abuja — The Advisory Board of the Daily Trust ... African Union) and past Prime Minister of Tanzania. On the list of candidates screened were ... of diverse professional background including public servants, bankers, journalists, scientist, human rights activists and philanthropist, ...
- Is There Such a Thing as Agro-Imperialism? 19 Nov 2009 16:55 GMT
... an eminent American botanist, flew to Saudi Arabia in ... a series of meetings, Saudi government officials, bankers and agribusiness executives told an institute delegation ... to develop almost 400 square miles in Tanzania. But many other land deals, of near-unprecedented ...
- Citibank clinches Euromoney award for global cash management 22 Nov 2009 17:32 GMT
... Citibank clinches Euromoney award for global cash management ... Cameroon, Cote d’Ivoire, Kenya, Nigeria, South Africa, Tanzania, Uganda and Zambia. She identified its product ... Capabilities, Innovative Payment/Collection Methods and Comprehensive Electronic Banking Capabilities. “Global Transaction Services, a division of ...
- Corporate Impact Awards Recognize Companies' $1 Million-Plus Annual Gifts to American Cancer Society 22 Nov 2009 05:47 GMT
... which have been distributed to Society wig banks nationwide. Through these generous donations, tens of thousands ... of Ghana, Nigeria, Senegal, South Africa and Tanzania. The company has also, for the past ...
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