Company News

The Agricultural Development Bank of Tanzania (TADB) has signed a Memorandum of Understanding (MoU) for TZS 209.5 billion (USD 93.5 million) from the Tanzanian government

Nairobi — Orange Kenya has announced its rebirth through Telkom by dangling enticing introductory offers for consumers.

Vodacom Tanzania Plc's initial public offering (IPO) has attracted over 40,000 Tanzanian investors, many of them first time participants in the capital market, the telco has said

The fish is found mostly Lake Victoria. Limited access to finance and the expertise needed to produce quality products was a major obstacle faced by the company before it entered into a partnership with ICDC.

Fast moving consumer goods producer, Probrands, has commissioned a $3,6 million Ultra-high temperature dairy plant in Ruwa as the company seeks to increase its raw milk purchases to one million litres a month before the end of the year.

Africa’s largest airline group, Ethiopian Airlines, said it has won the African Aviation ‘African Airline of the Year’ Award for 2017 for the second year in a row.

Zuva Petroleum says it is already reaping the benefits of its rebranding exercise, with volumes up 10 percent as its new identity resonate better with customers.

Zimbabweans are now consuming more and more spirits, wines and ciders, with ZSE listed African Distillers (Afdis), in which South Africa’s Distell has shares, saying revenues have risen 10% to $14 million on the back of increased consumption.

Despite government ordering Illovo Sugar Limited to end the sugar crisis, the commodity is still not available in some parts of Malawi.