VODA – Taarifa ya Gawio
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T-bills prices keep plunging in nine months
Treasury bills’ minimum successful bids and weighted average prices have been decreasing consecutively in the last nine months throughout the year. The bills’ prices on average have dropped from their highest of 99/84 in the auction held last August to 99/67 in the auction held on the third day of May. Tanzania Securities’ Treasury Bills…
WOMEN’S DAY- DSE Hosted the RING THE BELL FOR GENDER EQUALITY WITH UN WOMEN
In celebrating the International Women’s Day, the DSE hosted the Ring the Bell for Gender Equality event that was organized by the UN Women, the UN Global Compact, the International Finance Corporation and the World Federation of Exchanges. Speaking in the picture is Hon. Sihaba Nkinga, Permanent Secretary – Ministry of Health, Community Development, Gender,…
Maendeleo profit increases threefold in Q4
TANZANIA: MAENDELEO Bank’s net profit increased three times in last year’s fourth quarter, attributed to a non-interest income raise. The bank’s financial statement released recently displayed net profit soared to 776m/- in the three months to December last year from 258m/- in a comparative quarter in 2022. The lender, with more than 124bn/- of assets, until…
NMB ANNUAL REPORT 2021-1
https://www.nmbbank.co.tz/investor-relations-nmb/financial-and-regulatory-reports/annual-reports?download=339:annual-report-2021
DSE stock value up by 68pc
DAR ES SALAAM: THE stock value in the Dar es Salaam Stock Exchange (DSE) increased by 68 per cent last year, thanks to supportive government monetary policy and enhanced financial inclusion. The stock value rose to 225tri/- in 2023 from 134bn/- recorded in the previous year, marking a robust performance and resilience in the stock market….
Banks make 4.5pc margin on cheaper mortgages scheme
Commercial banks and saccos added an average margin of 4.5 percent on funds obtained under a State-backed affordable housing plan, according to the Kenya Mortgage Refinance Company (KMRC). Seven financial institutions got Sh1.34 billion from KMRC after it started disbursing funds for onward lending to home buyers last year, the firm says in its annual…
