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Source: Forbes

Dar es Salaam :: Tanzania | updated 2014-04-18 06:08:19 -0700 | business-news

India is the first country to have corporate social responsibility ( CSR ) legislation, mandating that companies give 2 percent of their net profits to charitable causes. Innovative?  Perhaps on a policy level.  But some small-medium size enterprises within India...
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Source: The Motley Fool

Meli :: Tanzania | updated 2014-03-17 14:50:04 -0700 | business-news

Brands are three strong candidates for investors willing to withstand short-term volatility in order to capitalize on exceptional long-term growth prospects in emerging markets. Emerging markets have been quite volatile lately due to currency instability and other economic concerns.
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Source: Mail and Guardian

Dar es Salaam :: Tanzania | updated 2014-04-20 00:19:31 -0700 | business-news

Carlyle this week became one of the first major private equity players to launch a dedicated sub-Saharan Africa fund, underscoring the growing investor interest in the continent's growing middle class. The US-listed alternative investment manager has raised $698-million almost $200-million...
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Source: The Motley Fool

Meli :: Tanzania | updated 2014-02-28 20:02:37 -0800 | business-news

The S&P 500 hit another brand-new record high, and investors closed February having recovered much of the ground they lost during the first month of the year...MercadoLibre gained almost 11% after the Latin American online marketplace posted impressive growth figures....
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Source: Africa Headlines

Dar es Salaam :: Tanzania | updated 2014-02-23 21:11:46 -0800 | business-news

Managing Director Alfonso Rodriguez told a news conference in Dar es Salaam over the weekend that it was aimed at coping up with ever rising competition in the market. He said that the company organises dinner gala annually during which...
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Source: Africa Headlines

Dar es Salaam :: Tanzania | updated 2014-02-23 21:10:21 -0800 | business-news

Wednesday attracted many bids ending up with over-subscription. The Bank of Tanzania (BoT) said in its auction summary that the 15-year bond fetched bids worth 32.16bn/- against 29.5bn/- that the government sought to mobilise. The continued high liquidity level in...
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Source: All Africa

Dar es Salaam :: Tanzania | updated 2014-04-14 10:42:33 -0700 | business-news

Ads by Google press release Sub-Saharan Africa's economic achievements over the past decade have sparked optimism about a continent on the rise, but those gains also have prompted caution about the challenges that remain, a Washington conference heard.
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Source: Daily Nation

Dar es Salaam :: Tanzania | updated 2014-04-15 13:34:51 -0700 | business-news

Kenswitch network to transfer funds in a real-time basis within participating member banks at the Laico Regency hotel in Nairobi on April 15, 2014. In Summary The system enables customers to transfer between Sh50 and Sh1 million, with the charges...
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Source: Daily Nation

Dar es Salaam :: Tanzania | updated 2014-03-20 02:49:41 -0700 | business-news

Africans have access to personal computers, especially in areas without power. advertisement High electricity costs and lack of access to personal computers (PCs) have been blamed for the low ICT services penetration in Africa...Service providers also face operational challenges such...
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Source: Africa Headlines

Dar es Salaam :: Tanzania | updated 2014-03-09 22:45:47 -0700 | business-news

THE inflation rate in February 2014 has stagnated at 6.0 per cent as it was recorded in January 2014 National Bureau of Statistics has announced. The stagnation of the rate for the month of February explains that the speed of...
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Source: Daily Nation

Dar es Salaam :: Tanzania | updated 2014-03-07 11:50:50 -0800 | business-news

In Summary The firm's finance and strategy director said they intend to increase the property portfolio to 30 per cent while reducing reliance on equities to below a similar percentage. advertisement British-American Investment Company (Britam) will retain dividend payment at...
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Source: Daily Nation

Dar es Salaam :: Tanzania | updated 2014-03-18 02:03:05 -0700 | business-news

In Summary In its full-year results of 2013, British explorer Tullow Oil Plc indicated that it has agreed with the Kenya government to begin development studies after the company hit 600 million barrels of oil discoveries in the tertiary rift...
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Source: Daily Nation

Dar es Salaam :: Tanzania | updated 2014-03-08 11:27:30 -0800 | business-news

The Kenya Revenue Authority has suspended the 1.5 per cent railway development levy on all imports to Kenya from East African Community member states. In Summary The business lobby also called on Tanzania and Burundi in January to bridge a...
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Source: Scoop

Dar es Salaam :: Tanzania | updated 2014-03-22 21:01:07 -0700 | business-news

The Onewhero couple were named the region's Sharemilker/Equity Farmers of the Year at an awards dinner in Pukekohe last night . Ngatea contract milker Simon Player was named the 2014 Auckland Hauraki Farm Manager of the Year and Paeroa dairy...
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Source: Daily Nation

Dar es Salaam :: Tanzania | updated 2014-02-23 08:58:36 -0800 | business-news

In Summary Longhorn's profit after tax rose to Sh30.2 million compared to Sh16.9 million recorded in a similar period in 2012. The firm, however, said the introduction of 16 per cent VAT on books in September last year hit the...
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