Maendeleo profit increases threefold in Q4
TBL appoints first female managing director in company’s 90-year history
DSE stock value up by 68pc
Block-trading drought affects DSE turnover
UTT fund value balloons by 50pc in one year
Latest Stock News
- DSE out to foster investment literacyFebruary 28, 2024 - 2:09 pm
DAR ES SALAAM: DAR ES SALAAM Stock Exchange (DSE) yesterday staged a research challenge aimed at fostering financial and investment literacy among students from higher learning institutions. The ‘CFA Institute Research Challenge 2023/2024 local competition’ supervised by the CFA Society East Africa intends to empower youth on various financial matters. The DSE’s Acting Director, Ms Mary […]
- Maendeleo profit increases threefold in Q4February 6, 2024 - 12:32 pm
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 […]
- TBL appoints first female managing director in company’s 90-year historyFebruary 5, 2024 - 2:17 pm
TANZANIA: Michelle Kilpin has been selected as the new Managing Director of Tanzania Breweries Limited (TBL), marking the first time in the company’s 90-year history that a woman has held this top position. She succeeds Jose Moran, who is transitioning to a regional portfolio within the continent. “TBL is honored to welcome Ms. Michelle Kilpin to […]
- DSE stock value up by 68pcJanuary 29, 2024 - 3:17 pm
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. […]
- Block-trading drought affects DSE turnoverJanuary 29, 2024 - 2:57 pm
DAR ES SALAAM: DAR ES SALAAM Stock Exchange (DSE) market turnover has declined by 23 per cent notably due to reduced activities in the pre-arranged boards. The bourse turnover went down to 1.4bn/- for the seven days ending last Friday from 1.82bn/- of the previous week. Zan Securities said in its weekly market wrap-up report that […]
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