High Lending Rates Affect Housing – Bank of Tanzania

[Citizen] Dar es Salaam -High lending rates of 16-21 per cent are constraining efforts to acquire loans for housing construction, a Bank of Tanzania (BoT) official has said.

[Citizen] Dar es Salaam -High lending rates of 16-21 per cent are constraining efforts to acquire loans for housing construction, a Bank of Tanzania (BoT) official has said.

source: AllAfrica News: Tanzania

Why Banks Avoid Agriculture, Transport Sectors in Lending

[Citizen] Dar es Salaam -Commercial banks’ credit to the private sector is growing at a snail’s pace, with agriculture, construction, transport and communication being hardest hit.

[Citizen] Dar es Salaam -Commercial banks' credit to the private sector is growing at a snail's pace, with agriculture, construction, transport and communication being hardest hit.

source: AllAfrica News: Tanzania

Rivers Govt to Make Payments for Students Stranded Abroad ‘Within Weeks’ – Official

[Premium Times] The Rivers State Government has told 159 students it sent abroad on scholarship that it is arranging funds for them to conclude their courses and return home.

[Premium Times] The Rivers State Government has told 159 students it sent abroad on scholarship that it is arranging funds for them to conclude their courses and return home.

source: AllAfrica News: Nigeria

Africa Day Marked As Africans’ Dreams Yet to Be Realized

[Citizen] Dar es Salaam -As we celebrate Africa Day, we recognize that colonialism no longer exists in Africa. However, the dreams of Africans for justice, peace and dignity are far from being realized.

[Citizen] Dar es Salaam -As we celebrate Africa Day, we recognize that colonialism no longer exists in Africa. However, the dreams of Africans for justice, peace and dignity are far from being realized.

source: AllAfrica News: Tanzania

Young Child Who Rescued 9 School Mates From a Sinking Boat to Be Rewarded

[Citizen] Geita -A brave young child, Tisekwa Gamungu, who sacrificed himself to rescue nine schoolmates from drowning in Lake Victoria after the dhow they were sailing capsized, is now to be rewarded for his bravery.

[Citizen] Geita -A brave young child, Tisekwa Gamungu, who sacrificed himself to rescue nine schoolmates from drowning in Lake Victoria after the dhow they were sailing capsized, is now to be rewarded for his bravery.

source: AllAfrica News: Tanzania

Ruling Party’s Kasukuwere Saga Needs Closure – Affiliates

[The Herald] Felex Share -Zanu-PF organs and affiliate organisations yesterday said the case of embattled national political commissar Cde Saviour Kasukuwere demands closure as it risks affecting preparations for next year’s harmonised elections. They …

[The Herald] Felex Share -Zanu-PF organs and affiliate organisations yesterday said the case of embattled national political commissar Cde Saviour Kasukuwere demands closure as it risks affecting preparations for next year's harmonised elections. They said Cde Kasukuwere, who was rejected by nine of the party's 10 provinces, continued to sow seeds of division in the revolutionary party by making unilateral decisions yet he should have recused himself from commissariat business until his case is dealt with by the Politburo.

source: AllAfrica News: Zimbabwe

CRDB Bank to Introduce Digital Banking

[Citizen] Arusha -CRDB Bank will introduce a digital banking platform, Mobile Wallet, in the coming few weeks as it seeks to grab a share of the revenue that is transacted via mobile phone money transfer platforms, the bank has announced.

[Citizen] Arusha -CRDB Bank will introduce a digital banking platform, Mobile Wallet, in the coming few weeks as it seeks to grab a share of the revenue that is transacted via mobile phone money transfer platforms, the bank has announced.

source: AllAfrica News: Tanzania