The National Microfinance Bank (NMB), has posted a staggering net profit of almost 132.5bn/- for its operations last year, mainly pushed up by net interest income. The pro-poor bank, which has the widest network …
The shilling weakened against the US dollar yesterday after it failed to beat surging demand for the greenback from oil and manufacturing sectors. Tanzanian shilling The shilling closed the Monday trading session at 1,615/1,640 …
Persisting liquidity squeeze has helped the shilling to cool off trade tension with US dollars to trade at steady rate, though the condition seems temporary. Tanzanian shilling The shilling maintained its stance in the …
The shilling has depreciated by 1.6 per cent in the last fifteen days since the year began as demand for US dollars grow at decreasing rate. Tanzanian shilling The shilling, according to Bank of …
The shilling has once again depreciated following increased demand for the US dollars as the end-quarter obligation trailed off. Tanzanian shilling The shilling reverted to normal drive after the month-end tax and salaries obligations …
The shilling is predicted to strengthen further this week on the back of increased inflows from agricultural exports and demand for the shilling by corporate to settle month end obligations. Tanzanian shilling The local …
The National Microfinance Bank (NMB) has maintained its leadership as the most profitable bank in the country, leaving its close rivals CRDB and National Bank of Commerce (NBC) by far. NMB, which was privatised in …