Licensed Dealing Member of DSE
THE Tanzania Mortgage Refinance Company Limited (TMRC) has listed on the Dar es Salaam Stock Exchange (DSE) the 4th tranche bond of which all of its investors are locals. Compared to the previous tranches, luring more Tanzanian investors brings more hope for increasing the liquidity in the capital market. Moreover, retail investors scoped a big…
Arusha. Shareholders of CRDB Bank Plc will get a total of Sh117.5 billion in dividends this year, thanks to the lender’s improved profitability in 2022. This represents a roughly 25 percent increase over the Sh94 billion total dividend the bank paid its shareholders last year from its 2021 net profit. The bank’s shareholders will receive…
Notice is hereby given that dividend of TZS 45 per share in respect of the financial year ending 31 December 2022 has been proposed by the Board of Directors. Pursuant to this declaration, shareholders are advised to observe the following: Dividend Declaration Date: 28th April 2023 Trading of Shares cum Dividend: 28th April 2023 to…
The announcement states that Swala Oil & Gas (Tanzania) plc will be placed in liquidation as per the resolution of its creditors representing approximately 75% of the Company’s liabilities.
Notice of 49 AGM.pdf (1)
Pemba. CRDB Bank yesterday opened a branch in Wete, Pemba as it seeks to play a role in supporting Zanzibar’s economic growth aspirations, particularly, through the government’s blue economy model. Zanzibar President Hussein Ali Mwinyi graced the branch opening event, which also involved the distribution of over 272 motorcycles and 94 boats to economic undertakings…
Dar es Salaam. Investors have maintained a bullish outlook for Tanga Cement Company Limited and Twiga Cement despite delays in the cement manufacturers’ merger plan, available data shows. An analysis of the two firms’ performance at the Dar es Salaam Stock Exchange (DSE) shows that the two firms, which performed well during the first half…
Dar es Salaam. CRDB Bank Plc has been voted as the best bank in Tanzania, thanks to its transformative approach. The bank was named by Euromoney, a London-based monthly magazine that focuses on business and finance, it was revealed yesterday. CRDB Bank Plc managing director, Mr Abdulmajid Nsekela said in Dar es Salaam yesterday that…
South African Airways (SAA) has inked a codeshare agreement with Kenya Airways (KQ) on flights to and from their home countries in a bid to increase their reach. The deal, which became effective immediately, will see each airline sell, under its own code, flights operated by each other while travellers will combine flight segments and…
NMB Bank has urged farmers, fishermen and livestock keepers to tap loan opportunities offered by the lender after slashing interest rates to 9 per cent from May this year. This was said by the NMB official responsible for Control and Implementation, Oscar Nyirenda said here over the weekend during the meeting with members of the…