The MoU will help the two parties to promote greater utilisation of the capital markets through structured financial products by corporates, including SMEs The Capital Markets Authority (CMA) and the Kenya Development Corporation (KDC) have signed a new Memorandum of Understanding (MOU) The MoU will help the two parties to promote greater utilisation of the capital markets through structured…
What you need to know: The agreement dubbed ‘Agreement on Avoidance of Double Taxation and Prevention of Fiscal Evasion on Income Taxes’ was signed by Finance ministers of the two countries–Dr Mwigulu Nchemba for Tanzania and Mr Mohamed Bin Hadi Al Hussain of the UAE. Dar es Salaam. Tanzania and the United Arab Emirates (UAE) have signed an agreement…
THE East African Business Council (EABC) board has shaped the new business priorities for Intra-EAC trade growth and economic resilience. This was stated by the EABC Chairperson Ms Angelina Ngalula during the 84th meeting outlining priorities that were set to boost Intra-EAC trade and investments that were held in Dar es Salaam over the weekend. In her speech to…
Through its African Transformation Office (ATO), Microsoft will work with the bank’s Youth Entrepreneurship Investment Banks (YEIB) Initiative to develop youth entrepreneurship ecosystems, create jobs and dramatically scale impact in Africa through digital inclusion. The partnership is expected to ease unemployment pressure especially among the youth facing African governments after impact of COVID-19. “We believe much can be done…
Through its African Transformation Office (ATO), Microsoft will work with the bank’s Youth Entrepreneurship Investment Banks (YEIB) Initiative to develop youth entrepreneurship ecosystems, create jobs and dramatically scale impact in Africa through digital inclusion. The partnership is expected to ease unemployment pressure especially among the youth facing African governments after impact of COVID-19. “We believe much can be done…
TANZANIA Bureau of Standards (TBS) has signed an agreement with TradeMark East Africa (TMEA) worth 9bn/- to help traders do business basing on standards for easy access to the market. Speaking after inking the deal, TMEA Country Resident, Ms Monica Hangi said the agreement targets to ease business and solve challenges caused by business impediments and non-tariff barriers. She…
TANZANIA Bureau of Standards (TBS) has signed an agreement with TradeMark East Africa (TMEA) worth 9bn/- to help traders do business basing on standards for easy access to the market. Speaking after inking the deal, TMEA Country Resident, Ms Monica Hangi said the agreement targets to ease business and solve challenges caused by business impediments and non-tariff barriers. She…
Promising recent resource finds in Mozambique and Tanzania bode well for Africa’s future. Exploration is being pursued with renewed vigour, and the world’s energy companies are keenly eyeing the continent. Mozambique and Tanzania have signed two cooperation agreements in Maputo, focusing on combating terrorism and fighting crime. Mozambique is currently fighting Islamist militants in the country’s gas-rich northern Cabo…
Promising recent resource finds in Mozambique and Tanzania bode well for Africa’s future. Exploration is being pursued with renewed vigour, and the world’s energy companies are keenly eyeing the continent. Mozambique and Tanzania have signed two cooperation agreements in Maputo, focusing on combating terrorism and fighting crime. Mozambique is currently fighting Islamist militants in the country’s gas-rich northern Cabo…
Youngsters in the townships are drawn to the promise of quick riches with cryptocurrencies, but risk losses and becoming victims of scams. John first heard of cryptocurrency three years ago, when the teenager came across slick YouTube videos and Facebook posts of other South Africans claiming to have become wealthy overnight with bitcoin. Inspired, the then 14-year-old downloaded a trading app,…