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Absa Bank CEO Abdi Mohamed exits, set for new job

Nairobi, June 28 -- Abdi Mohamed has resigned as Absa Bank Kenya chief executive officer (CEO) three years after he took the job. The Business Daily has established that a leadership transition is al... Read More


Family Bank seeks new investor to dilute stakes of top owners

Nairobi, June 28 -- Family Bank will consider bringing in a strategic investor in future as it looks to diversify its shareholder base and help lower its founders' effective stake to meet the regulato... Read More


Yas Business launches six-month programme to strengthen SMEs

Tanzania, June 28 -- Dar es Salaam. Yas Business has launched a six-month entrepreneurship programme aimed at equipping startups and small and medium-sized enterprises (SMEs) with practical business s... Read More


Government Proposes Faster Licensing Process for Medical Devices

India, June 28 -- Last Updated on June 28, 2026 6:19 pm by INDIAN AWAAZ By Andalib Akhter New Delhi In a move aimed at strengthening India's medical devices sector and improving the ease of doing bu... Read More


Strides Pharma sells stake in subsidiary Pivot Path to Ascent Capital for Rs 100 Cr

India, June 28 -- image credit- freepik Bengaluru-based Strides Pharma Science has announced a strategic investment by a consortium led by Ascent Capital, along with co-investor Vintage Classic, in i... Read More


Mining revenue hits 1.338tri/-

DAR ES SALAAM, June 28 -- THE countrys mining sector has generated 1.338tri/- in governmen t revenue this financial year, surpassing the 1.2tri/- target, Minister for Minerals Anthony Mavunde said yes... Read More


Tanzania targets more Chinese tourists

DAR ES SALAAM, June 28 -- TANZANIA has set a target of attracting 100,000 Chinese tourists annually by 2027, up from the current 82,000, as the government steps up tourism promotion in China. Tanzani... Read More


Government to revoke idle mining licences

MOROGORO, June 28 -- THE government has vowed to revoke mining licences that remain undeveloped and reallocate them to investors capable of advancing mineral exploration and mining activities. Perman... Read More


Experts back tax relief measures

DAR ES SALAAM, June 28 -- THE governments decision to abolish or reduce 374 fees and levies is expected to stimulate business growth, attract investment, create jobs and widen Tanzanias tax base, econ... Read More


Tobacco-growing nations push for stronger cooperation to protect sector's economic role

Tanzania, June 28 -- Dar es Salaam. Tanzania has called for stronger regional cooperation among tobacco-producing countries to safeguard the economic role of the crop, which it says supports millions ... Read More