Business

Dar-es-salaam, a city of neatly 6 million residents, has always been in dire need of auxiliary means of urban transport, which at the moment relies heavily on the private operated minibuses known as ‘Dala-Dala!’

The move marked a strategic shift from exporting raw beans overseas, to delivering high value finished products, therefore positioning local coffee on premium shelves in the European markets.

The acquisition of Afreximbank’s shares by Libya further strengthens ties with the oil rich nation and enhances critical support to the Libyan economy.

TANAPA which is the custodian of the country’s 21 National Parks was awarded for attaining and sustaining the highest level of tourism service provisions by the European Society for Quality Research (ESQR).

Tah was designated by the Bank’s Board of Governors, comprising Finance and Economy Ministers or Central Bank Governors of the Bank Group’s 81 regional and non-regional member countries.

But even before the scandal, Equity Bank had already started to close down several branches with seven such outlets shutting off in Kenya.

In selecting the best bank winners, Global Finance’s judges considered factors including growth in assets, profitability, geographic reach, strategic relationships, new business development and innovation in products.

In the next two years, Hyatt hotels are set to debut in new markets within the region, including the anticipated opening of Hyatt Regency Lagos Ikeja in Nigeria and Johannesburg

From motorcycle taxi (boda-boda) riders and food vendors to Dukawalla owners, many Tanzanians work in cash and don’t have pay slips, bank statements, or credit histories.

With most East African countries now improving on their road infrastructure, journeys are getting shorter, this is therefore driving bus operators to extend their usual routes in their quest to fish for more passengers.