The Tanzania Times
East, Central and Southern African Times News Network

East African Legislative Assembly adopts accounts committee report on previous years’ audits

According to the audited report, the Community operated with a budget of USD 105 million, but actual expenditure reached only USD 72.7 million, resulting in a budget absorption rate of 69 percent.

Africa launches single continent’s currency Marketplace saving USD 5 Billion in trade bottleneck

The Pan-African Payment and Settlement System’s African Currency Marketplace (PACM is a next-generation Financial Market Infrastructure (FMI) out to solve the continent’s longstanding challenge of currency inconvertibility.
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