CRDB Bank PLC is the leading banking institution in Tanzania in terms of assets, loans & advances and customer deposits, with an ambition to expand its footprint in the wider East Africa region. Besides playing an influential role in the socio-economic development of the country, CRDB Bank consistently relies on its sound business model to…
The Dar es Salaam Stock Exchange (DSE) is a market place where buyers and sellers of financial instruments meet. The Exchange is the secondary leg of Capital Markets that help avail long term and affordable capital to companies (productive users) from investors (idle holders/savers) with investment motives. The Stock Exchange is therefore part of the…
Stockbrokers in Tanzania are supervised by the Capital Markets and Securities Authority (CMSA). Brokers play roles on both primary and secondary capital markets in Tanzania. Their roles on the primary market include: The law requires issuers of securities to the public to appoint a sponsoring broker who is a Licensed Dealing Member (LDM) of Dar…
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…
In a time when the cryptocurrency market experiences fluctuations, Celo, a carbon-negative, mobile-first, EVM-compatible blockchain ecosystem, continues to prioritize the development of Web3 technology in Africa. The potential impact of Celo’s innovative solutions remains largely unexplored on the continent, particularly in Kenya. Rene Reinsberg, the President of Celo Foundation and co-founder of Celo Protocol, spoke about…
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’…
CEOs are in the business of making decisions. Leaders make dozens of decisions every day, many of which could have major and lasting impacts on the success of their companies and teams. Whether it’s deciding to make a change in a key position, to take a chance opening in a new market or to test out…
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…
Bila shaka, teknolojia ya blockchain imekuwa ni mmoja wa maendeleo muhimu katika ulimwengu wa teknolojia. Ilianzishwa kama msingi wa sarafu za kidijitali kama vile Bitcoin na TANZANITE , blockchain imekuwa na matumizi mbali mbali katika sekta tofauti kama vile benki, biashara, elimu, na afya. Kwa ufupi, teknolojia ya blockchain inafafanuliwa kama mtandao uliojikita kwenye mitambo…
