Market News | EAITE 2017

Market News

  • Africa: White House Choices Shape Africa Policies

    Posted on :Tuesday , 4th April 2017

    Washington, DC - Little has been said about Africa policy by the new U.S. President or his administration, but recent announcements and appointments provide an emerging outline of an approach that gives priority to security concerns.

    Support for democracy, development and health may no longer be policy cornerstones as they have been for all post-Cold War presidents, Democratic an. . .

  • Tanzania: Women, Youngsters Urged to Own Land for Collateral Use

    Posted on :Tuesday , 28th March 2017

    WOMEN and youths have been encouraged to own land that they may use as collateral when applying for business loans from financial institutions such as banks in the country.

     
    The call was made by a member of the Parliamentary Committee on Administration and Local Government Affairs, Ms Halima Mohamed, Unguja Special Seat MP when the committee visited the Property and . . .

  • Tanzania: Govt Bans 'Viroba' - Alcoholic Drinks in Plastic Sachets

    Posted on :Thursday , 23rd March 2017

    FOLLOWING the ban on alcoholic drinks packed in plastic sachets, commonly referred to as 'viroba,' the government has revoked permits for production and importation of 20 varieties of the hard liquor which had earlier been approved by the Tanzania Food and Drugs Authority (TFDA).

     
    The Minister for Health, Community Development, Gender, Elderly and Children, Ms Ummy M. . .

  • Tanzania: Central Bank Slashes Rates, Gives New Hope for Credit Supply

    Posted on :Tuesday , 7th March 2017

    Dar es Salaam — There is hope for possible improvement in credit to the private sector after the Bank of Tanzania (BoT) slashed the discount rate by four percentage points effective from today.

     
    The central bank said it reviewed downward the discount rate - the interest rate at which it charges for lending to other banks - from 16 per cent to 12 per cent starti. . .

  • Tanzania Saw Addition of 200 New Dollar Millionaires Last Year

    Posted on :Saturday , 4th March 2017

    Dar es Salaam — Tanzania created 200 new dollar millionaires in 2016, a new report shows, sending out a picture that the government's cost cutting measures have had little impact on individuals' wealth creation endeavours.

     
    Knight Frank's 2017 wealth report shows that the number of super rich Tanzanians jumped from 2,200 in 2015 to 2,400 in 2016.
    &n. . .

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