Category Archives: Trainings and Workshops

M-Pesa hits $1bn mark transfer in EA states

October 29, 2016 0 Comments

At least $1.05 billion (more than Sh1.7 trillion) is transferred monthly through M-Pesa in East Africa.The mobile money transfer started in Kenya a few years ago, but has now spread across the region, and is replicated by almost all mobile phone companies. Information Technology (IT) experts are now worried over the increasing […]

EABL’s mini-IPO opens today

October 29, 2016 0 Comments

The public can buy some shares of the Tanzania Breweries Limited (TBL) starting today as the EABL releases some of its shares through a public offering. The East African Breweries Limited entered a production partnership with SABMiller, the parent company of TBL in 2002 in which the latter produced and marketed some […]

Set up common FDI policy

October 29, 2016 0 Comments

Legislators want regional members to co-operate on foreign investment promotion to enhance economic development.Members of the East Africa Legislative Assembly said in a meeting that EAC members should create common foreign direct investment legislation to attract more investors to the one of the largest markets in the continent. The East African Community […]

Bank acts to curb weak shilling Send to a

October 29, 2016 0 Comments

Commercial Bank of Africa Tanzania (CBA) is optimistic that the weakening of the shilling against the US dollar will have little impact to its customers, particularly importers, because the bank has taken steps to mitigate the crisis, a senior official said. Some of these measures include selling them foreign currency on better […]

New agriculture policy in the offing Send to a friend

October 29, 2016 0 Comments

The government is finalising a policy document that would be used to address key agricultural marketing challenges that farmers face.  The policy is said to attempt to help farmers to overcome the obstacles when selling their produce. An official of the ministry of Trade, Industries and Marketing, Alfred Mapunda, said the policy would be discussed […]