06/02/2021
With low taxes, less corruption and limited regulations, you create jobs and attract the critically needed investment to reboot the economy in a post Covid 19 Tanzania.
05/31/2021
Market noise and chatter has since been cacophonic but the price remains relatively subdued at $39,400 – though well up on the pre-pandemic price of $5,000.
05/30/2021
“The deterioration in performance of the sector was largely attributed to the effects of Covid-19 on the economy, leading to low uptake of credit, high level of non-performing loans (NPLs) and decrease in interest income,”
05/24/2021
Other cities in the country that are estimated to be at least one million people include Kano, Ibadan, Benin City and Port Harcourt.
05/23/2021
After stabilisation, infection numbers have started rising again and the pandemic will continue to pose risks well into 2022, as vaccine roll-out is proceeding slowly (0.9 doses administered per 100 population as of mid-May).
05/12/2021
Similarly, the bank’s asset quality indicators improved significantly, with nonperforming loans (NPLs) reducing to 7.7 per cent in 2020, from 20-25 per cent since 2016.
05/11/2021
CBK data shows that the private sector loan book between February and March stood at Sh2.947 trillion, dropping by Sh532 million, after a Sh27.74 billion growth from January.