Inflows from Non- Governmental Organisations (NGOs) saved the shilling from falling against the US dollar last week, with the National Microfinance Bank (NMB) quoting the local currency trading at 1603/1620 against the greenback last …
Tanzania faces a serious home shortage, with demand hovering over three million units whereas supply is a mere 0.5 per cent of the total demand per year. Managing Director of CRDB Bank, Dr Charles Kimei …
The shilling depreciated yesterday to the lowest level in 18 months, with analysts pointing to the recurrence of the historical low level reached about two years ago. The shilling, according to data from the central …
A Kilimanjaro based Uchumi Commercial Bank which made net profit of 548m/- last year is now targeting close to 1bn/- by the end of this year. The General Manager of the Bank, Angela Moshi said …
CRDB Bank has approved a total of 26.1bn/- as dividends to its shareholders for the year ending December 2012, which is 33 per cent of the net profit and an increase of 33 per cent …
CRDB Bank is set to expand to the East African region and beyond to reap from opportunities from growth, increased investments and trade. Managing Director of CRDB Bank, Dr Charles Kimei The bank recently opened …