Exclusive

Publication

Byline

The case for digital transformation in Kenya's hospitality

Nairobi, Aug. 20 -- Here is an uncomfortable truth: Kenya taught the world how to move money on a mobile phone, yet it still cannot tell you with any confidence how well its hotels are pricing a Tuesd... Read More


Algeria's Sarl Anacard'Or seeks to build three modern cashew processing plants in Tanzania

DAR ES SALAAM, Aug. 20 -- THE Algerian cashew processing company, Sarl AnacardOr, plans to build three modern cashew processing plants in Tanzania as part of efforts to add value to the countrys cashe... Read More


NeST system now serves over 30 Tanzania's institutional and service-related systems

DODOMA, Aug. 20 -- TANZANIAS Electronic Public Procurement System (NeST) has now been integrated with more than 30 institutional and service-related systems in a move aimed at streamlining public tend... Read More


Tanzania joins WADA in a fight against the use of illicit drugs in sports

DODOMA, Aug. 20 -- THE Deputy Minister for Information, Culture, Arts and Sports, Hamis Mwinjuma, has met with the Director of the World Anti-Doping Agency (WADA) Africa, Rodney Swigilaar, to discuss ... Read More


Falling defaults, cheaper deposits boost bank profits in first half-year

Nairobi, Aug. 20 -- A drop in deposit costs and lower loan defaults propelled stronger bank profit growth in the first half of 2026, offering continued boost after a period of expensive funding and el... Read More


Infrastructure projects lure investors to innovative finance schemes

Nairobi, Aug. 20 -- A growing number of institutional investors are shifting to innovative off-balance-sheet financing (OBSF) schemes in East Africa, a regional lender said, lured by the rising appeti... Read More


Dangote refinery secures $600m private placement as IPO plan advances

Tanzania, Aug. 20 -- Dar es Salaam. Dangote Petroleum Refinery and Petrochemicals (DPRP) has secured $600 million through a private placement, marking the first phase of a broader $1 billion underwrit... Read More


Prof Mkumbo to local councils: Don't milk the cow thin

Tanzania, Aug. 20 -- Songwe. Local government authorities across Tanzania have been urged to stop repeatedly hiking levies on existing revenue streams and instead foster new economic activities and in... Read More


Bond values at NSE fall as interest rates rise

Nairobi, Aug. 20 -- Bond prices in the secondary market at the Nairobi bourse have come down compared to a year ago as interest rates rise in the wake of the war in Iran, cutting the profits for those... Read More


Equity ventures into asset management to 'lock' customer deposits

Nairobi, Aug. 20 -- Equity Group Holdings has acquired an asset management license, joining a growing list of banks seeking to lock in customer deposits through investment in high-earning schemes. Th... Read More