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Tanzania Finance News is an EIN News Service for finance industry professionals. Constantly updated news and information about Tanzania Finance.
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Latest Tanzania Finance News

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  • Index shows rampant corruption in Africa 24 Nov 2009 06:50 GMT
    ... Published in: Legalbrief Africa Date: Mon 23 November 2009 ... the failed states that surround us.' Neighbouring Tanzania dropped 24 places - from 102 to ... TI's graft index. Former Mozambican airports company finance director Antenor Pereira, a defendant in the trial, ...

  • Brain drain hullabaloo: a brainchild of poor administration? 23 Nov 2009 07:15 GMT
    ... Education is an engine of development. If we cannot ... graduates from Institutions of Higher Education in Tanzania alone, it can be estimated that there ... as a way of getting funds to finance their education. Some of these include employments in ...

  • Regional CEOs See Growth in Protocol 23 Nov 2009 12:32 GMT
    ... of Kenya, with presidents Jakaya Kikwete of Tanzania, Paul Kagame of Rwanda, Yoweri Museveni of ... be at a disadvantage. Juliana Kisimbi, an investment officer at the Embassy of Rwanda in ... outside Kenya include East African Cables, Jubilee Insurance, Bamburi Cement, Athi River Mining, Kenya Airways ...

  • Plot to Postpone Bulk Oil Buying 23 Nov 2009 17:34 GMT
    ... Nairobi — The government's plan to introduce a bulk ... a government corporation, Commercial Petroleum Company of Tanzania Ltd. Investigations by The EastAfrican reveal a ... parliamentary committees such as Energy and Minerals, Finance and Economic Affairs, and Infrastructure Development for a ...

  • Proposals for global redesign go forward as summit on the Global Agenda closes 23 Nov 2009 05:50 GMT
    ... the governments of Qatar, Singapore, Switzerland and Tanzania. "This is about developing and testing ideas ... of countries to foster social entrepreneurship and investment. In the closing session, rapporteurs summarized the ... that stabilizes at 8 billion, where fish stocks are in recovery, where there is food security. ...

  • Telecoms Firms Grow Mobile Money 23 Nov 2009 10:15 GMT
    ... Nairobi — MTN Uganda and Vodacom Tanzania are among six beneficiaries of grants from ... within the M-Pesa agent network. The additional investment will see customer access and usage improve ...

  • Region Sign Customs Union Protocol 23 Nov 2009 10:33 GMT
    ... The ceremony, that took place in Arusha, Tanzania, coincided with the 10th anniversary of the ... his address, President Yoweri Museveni called for investment in oil exploration and assured East Africans ...

  • BoT Now Comes Up With New Limitation 23 Nov 2009 12:20 GMT
    ... Via Acquire Media NewsEdge) The Bank of Tanzania (BoT) has restricted outsourcing by banks and ... entry and processing, document and application processing, investment management and marketing and research. Story continues ...

  • 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 ... were to advise a novice in the investment game the gold price now at $1 ...

  • Heritage Oil Enters Into a Letter of Intent to Sell Its Ugandan Interests for Up to US$1.5 Billion 23 Nov 2009 07:42 GMT
    ... the Democratic Republic of Congo, Malta, Pakistan, Tanzania and Mali. The Company plans to embark ... we recognise the very large multi-billion dollar investment which is required to develop the Albert ...

  • Nakumatt Sets Sh1.8 Billion Price for Sale of 30 Per Cent Stake 23 Nov 2009 12:32 GMT
    ... countries. Kingdom Holding Company (KHC) -- an investment group that is associated with the Saudi ... also hopes to open four stores in Tanzania, three in Uganda, and one more in ...

  • Heritage backs out of talks with Turkey's Genel 23 Nov 2009 10:15 GMT
    ... Heritage backs out of talks with Turkey's Genel Published: ... end of the year. Paul Atherton, chief finance director, said there had been discussions with Eni ... exploration at sites in Malta, Pakistan and Tanzania. However, the deal is a potential blow ...

  • Heritage Oil backs out of talks with Turkey's Genel 23 Nov 2009 15:45 GMT
    ... Heritage Oil backs out of talks with Turkey's Genel ... end of the year. Paul Atherton, chief finance director, said there had been discussions with Eni ... exploration at sites in Malta, Pakistan and Tanzania. However, the deal is a potential blow ...

  • Crown prince bows to public pressure over Mozambique villa 23 Nov 2009 15:51 GMT
    ... their need for privacy and a generous investment in the development of a poor country. ... in place in Kenya, Zimbabwe, Malawi and Tanzania, and his father Claus grew up on ...

  • Entrepreneurs should brace for competition 23 Nov 2009 06:32 GMT
    ... help in promoting EA as a single investment area, both for foreign and EA investors. ... foreign and EA investors. This demands that Tanzanian entrepreneurs must be ready to take up ...

  • Whose Community is It Anyway? [opinion] 23 Nov 2009 10:00 GMT
    ... of British East Africa's Uganda, Kenya and Tanzania. Certainly, the large corporations and education institutions ... remains worryingly unclear if the proceeds of investment in an expanded and integrated East African ...

  • Apollo Hospitals plans facility in Africa 23 Nov 2009 13:34 GMT
    ... two years. Talks are also on with Tanzania, Uganda, Malta and Libya, said an official ... The group did not give details of investment or the size of the facility saying ...

  • Start Apt Campaign for World Cup Now 23 Nov 2009 15:45 GMT
    ... in declaring that he doesn't see why Tanzania can't one of these days feature in ... income for youth, but also a huge investment. East African countries must surely rally together ...

  • Chogm witnesses ordered to shut up 23 Nov 2009 22:34 GMT
    ... we recognise the very large multi-billion dollar investment which is required to develop the Albert ... out of politics”. The former President of Tanzania, Mr Benjamin Mkapa has confirmed his visit ...

  • Diabetes surgery summit consensus lays foundation for new field of medicine 23 Nov 2009 23:42 GMT
    ... Diabetes surgery summit consensus lays foundation for new ... parameters are still adhered to by most insurance companies in determining coverage of the surgery. ... strong global presence in Austria, Brazil, Haiti, Tanzania, Turkey and Qatar. For more information, visit ...

  • Envoy challenges Indians to invest more in Tanzania 20 Nov 2009 07:53 GMT
    ... The Indian High commissioner to Tanzania, Kocheril Velayudhan Bhagirath, has asked Indians to ... among the developing countries that had many investment opportunities. Bhagirath said India was also among ...

  • Investment in agriculture is soaring. So, worryingly, is distrust of markets and trade 19 Nov 2009 16:33 GMT
    ... words were food, nobody would go hungry Investment in agriculture is soaring. So, worryingly, is ... the amount is not trivial. It would finance for three years the annual $7 billion that ... the varieties on offer to give farmers. Tanzania and Mali tried to achieve the same ...

  • Donors warn aid to graft-prone Tanzania at risk 19 Nov 2009 15:31 GMT
    ... * Dutch withholding 30 million euros in budget support * Tanzania to address corruption, assess donor behaviour By ... for the past few years. "Weak public finance management as well as corruption continues to hamper ...

  • Now Russians 'Invade' Tanzania 18 Nov 2009 17:10 GMT
    ... to welcome Russians in foreign country. Recently Tanzania received a high powered delegation of Russian ... There were also discussions on possibility for investment and provision modern railways and its tools ...

  • ACT Alert: Support to people affected by landslide, Tanzania 19 Nov 2009 09:34 GMT
    ... As of November 13, up to 24 people have died ... At a time when the ACT Forum Tanzania was already planning to do disaster preparedness ... should be communicated to Jessie Kgoroeadira, ACT Finance Officer (jkg@act-intl.org). ACT is a global alliance of ...


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