Tanzania’s Lifezone Metals Makes Historic Debut on NYSE

Tanzania-based battery metals development company Lifezone Metals Limited became the first company from the East African nation to go public on a major US exchange. The company made its debut on the New York Stock Exchange (NYSE) on July 7th, 2023. The listing follows the successful business combination between special purpose acquisition company GoGreen Investments…

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definition of custodian in financial market

CUSTODIANS IN TANZANIA FINANCIAL MARKETS

WHAT IS CUSTODIAN/CUSTODIAN BANK ? A custodian bank is a financial institution that holds customers’ securities for safekeeping to prevent them from being stolen or lost. The custodian may hold stocks, bonds, or other assets in electronic or physical form on behalf of its customers. Often, a custodian bank does more than provide asset protection. It can manage customers’…

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Why Staying Human in the Age of AI is Crucial to Business Survival

In the ever-changing tides of consumer trends, only the most adaptable businesses will stay afloat and thrive. With everyone talking about transformation in the digital age, it’s easy to forget that the biggest threat to business isn’t machines — it’s “old-school” companies acting mechanically. So, how do you successfully future-proof a business for the fourth industrial…

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Bank linked to Tanzanian billionaire brothers, partners with IFC for financial inclusion in East Africa

CRDB Bank, which is headquartered in Dar es Salaam, is owned in part by Aunali and Sajjad Rajabali, two of the wealthiest men in Tanzania. WHICH BANK ? The International Finance Corporation (IFC) and CRDB Bank, the largest commercial bank in Tanzania, have announced a partnership to promote financial inclusion in Tanzania and beyond.  THE…

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Apple Stock Trading

Global technology giant, Apple, Inc. formerly Apple Computers, was founded on the 1st of April 1976 by Steve Jobs and Steve Wozniak and became world famous for their personal computers. Today, the company is headquartered in Cupertino, California, and specialises in the designing, manufacturing, marketing and selling of consumer electronics, computer software, and online services….

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