A blog that gives out financial institutions news on time with accurate informations.


  • CRDB Bank Share up 16PC in three weeks

    CRDB bank share price has made an abrupt U-turn after appreciating by 16 per cent in the last three weeks.

  • TIB slashes losses, bad loans up!

    TIB Development Bank has considerably reduced its net loss 17 times to 582m/- in this year quarter two (Q2) after cutting expenses.

  • MALINZI blesses TFF elections

    THE ousted Tanzania Football Federation (TFF) President Jamal Malinzi has expressed gratitude to the government, sponsors and football stakeholders in the country for their massive support.

  • Barrick, government talks next week

    BARRICK Gold will begin discussions with the government on the concentrate export ban and other issues next week

Friday, May 19, 2023

Production data corroborates validity of proposed cement takeover megadeal

By our Reporter,The proposed takeover of majority shares of Tanga Cement by Twiga Cement will not create a cement behemoth that will monopolise the domestic market beyond the allowed threshold for fair competition as set about by regulations, analysis of production data of cement...
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Thursday, May 18, 2023

Absa Dar City Marathon 2023 donates hospital equipment to Mnazi Mmoja Hospital

Absa Bank Tanzania Chief Internal Auditor, George Binde (fourth left), hands over medical equipment for Mnazi Mmoja Hospital to Dar es Salaam City Council non-communicable diseases cordinator, Dr Milka Mathania, donated by Absa to support the government efforts to provide quality...
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Monday, May 15, 2023

The saga of the sale of 68.33 percent of Tanga Cement PLC shares to Scancem International

The saga of the sale of 68.33 percent of Tanga Cement PLC shares to Scancem InternationalThe saga of the sale of 68.33 percent of Tanga Cement PLC shares to Scancem International Da has continued to raise various arguments for some development stakeholders and others to the...
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Wednesday, May 10, 2023

THOUGHTS OF STAKEHOLDERS ON INDUSTRY DEVELOPMENT IN THE COUNTRY

 By Our Reporter, For some time now I have been following a company called Chalinze Cement and what I saw was funny. Did you know that this company does not own any land that can mine limestone for cement production? It also doesn't even have the branding they claim to...
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Monday, May 8, 2023

Benki ya Absa kuendelea kudhamini Absa Dar City Marathon

Mkurugenzi Mtendaji wa Benki ya Absa Tanzania, Obedi Laiser akiwa katika picha ya pamoja na wafanyakazi wa benki hiyo walioshiriki mbio za Absa Dar City Marathon zilizofanyika Kwa udhamini mkuu wa benki hiyo jijini Dar es Salaam Jana. Wafanyakazi 200 wa Absa walishiriki katika...
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Kampeni ya Upandaji miti yapamba moto katika Kijiji cha Green Village Estate Bunju Mabwepande

Naibu Kamishna na Mkurugenzi wa Uzalishaji Mbegu Bora za Miti na Vipando wa Wakala wa Huduma za Misitu (TFS), SACC Caroline Malundo (katikati), akiwa na Mwenyekiti wa Kijiji cha Green Village Estate, Bwana Reeves Ngalemwa (kulia kwake), wakati akiwasili kijijini hapo akimwakilisha...
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Tuesday, May 2, 2023

Benki ya Absa yatoa sh milioni 45 kudhamini Absa Dar City Marathon

Mkuu wa Kitengo cha Masoko na Mawasiliano wa Benki ya Absa Tanzania, Aron Luhanga (wa pili kulia) akizungumza jijini Dar es Salaam leo wakati akitangaza udhamini wao wa shs milioni 45 katika mbio za Absa Dar City Marathon zinazotarajiwa kutimua vumbi jijini humo mei 7 mwaka...
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