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  1. Teargas

    Tanzanian Company Hires Kenyan as a Managing Director.

    Tanzania's Smart Codes hires African corporate leader WEDNESDAY MAY 11 2022 Dar es Salaam. Tanzanian firm, Smart Codes, a Smart Africa Group subsidiary, has appointed one of the continent’s prolific marketing leaders with a global mindset, Beatrice Nyamari, as its managing director. Ms...
  2. Teargas

    KDF kill 11-Al shabaab in Somalia

    Kenya: KDF Kill 11 Al-Shabaab Militia in Somalia 14 JULY 2021 Nairobi News (Nairobi) By Amina Wako The Kenya Defence Forces (KDF) under the African Union Mission in Somalia (AMISOM) on Wednesday, July 14, 2021, announced it had killed 11 Al Shabaab militia in Kuday, Kismayo. Confirming the...
  3. Teargas

    Lamu Port has officially started the transhipment business

    New Lamu port set to host first transshipment cargo THURSDAY JULY 15 2021 A ship docks at Lamu Port during the official launch by President Uhuru Kenyatta. FILE PHOTO | NMG SUMMARY The Lamu port will handle its first transshipment cargo today as a ship from Zanzibar will be calling at the...
  4. Teargas

    Taxes collected by KRA in 2020 can finance Tanzania budget and still remain with some change

    Total taxes collected by KRA are $16B while Tanzanian total budget for 2021/2022 is $14B. This means that KRA can finance Tanzanian budget na wabaki na change ya $2B KRA surpasses 2020/21 revenue target This is the first time since financial year 2013/14 In Summary •The 2020/2021 revenue...
  5. Teargas

    Kenya on course to host shooting Championship

    PRIMARY MENU Kenya on course to host shooting Championship by Maxwell WasikeJuly 5, 2021 SHARE Kenya has continued with its preparations to host the upcoming Africa shooting championships in September after being given a clean bill of health to proceed with the same by International Defensive...
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    Top 25 Banks in Africa 2021. Kenya is the only country from East Africa

    The list of top 25 Banks in Africa have just been released and East Africa is only represented by Kenya. Without Kenya, East African region would not appear in most rankings in Africa. The first bank from East Africa to appear was KCB at number 20 with a market cap of $1,317M, the second bank is...
  7. Teargas

    Upperhill Hill Viaduct Construction progress

    I have decided to start this thread of Upperhill viaduct construction just for two reasons, one is to differentiate it from the expressway since they are two different projects for those who don't know, two is to thank President Uhuru for for focusing more in infrastructural development. Going...
  8. Teargas

    Sources of Tanzanian external debts

    Ni aibu Sana kuona Tanzania inakopa Deni kwa nchi maskini kama Angola. Iran na Iraq nazo ilowakopa mabomu ama Nini🤣😂😂🤣
  9. Teargas

    Kenya's Safaricom and Equity Bank sneaks in top 10 African brands list

    Kenya's Safaricom sneaks in top 10 African brands list The 2021 survey was conducted between March and April 2021 and yielded over 80,000 brand mentions In Summary The telco moved six places from position 12 last year South Africa had four brands in the top ten list, Nigeria (3), Ethiopia (2)...
  10. Teargas

    As Safaricom profit is approaching$1B, Vodacom Tanzania is minting losses like there's no tomorrow

    Dar es Salaam. Vodacom Tanzania Plc shareholders will not receive a dividend this year after the company announced a net loss of Sh30 billion for the year to March 31, 2021, primarily on account of recalculated taxes. “Following the net loss after tax for the year, the board of directors has...
  11. Teargas

    Safaricom takes 56pc stake in Ethiopia firm

    SUMMARY Details of the consortium’s latest ownership structure was disclosed Tuesday by South Africa-based Vodacom Group which owns a 34.9 percent stake in the Nairobi Securities Exchange-listed firm. Safaricom was allowed to lead the consortium for several reasons, including Kenya’s...
  12. Teargas

    Square Pharma set to launch factory in Kenya

    Square Pharma set to launch factory in Kenya Ahsan Habib Square Pharmaceuticals will launch its production facility in Kenya within the next four months in a move that will considerably enhance the company's earnings from East African nations. The local drug maker broke ground on its...
  13. Teargas

    KCB Group seeks Approval to Acquire BancABC Tanzania Limited

    KCB Group seeks Approval to Acquire BancABC Tanzania Limited Jackson Okoth KCB Group PLC has given a merger notification to Tanzania’s Fair Competition Commission (FCC) concerning its intention to acquire entire shares in BancAfrican Banking Corporation Tanzania Limited. Already, KCB has a...
  14. Teargas

    I'm I the only one who sees something fishy in this pipeline deal?

    I have been thinking about this pipeline deal and I keep asking myself why the pipeline is going to Mombasa instead of Nairobi where 90% of Kenyan factories are located. I'm sure the pipeline will go directly to the Port of Mombasa and where the gas will go after reaching the port I think your...
  15. Teargas

    Kenya's maize imports down as ban hits Uganda, Tanzania

    Imports in March decreased by 146,707 bags of 90 kgs compared to 637,489 bags in February this year In Summary • Kenya imported 473, 000 bags of maize from Uganda and 157, 000 bags from Tanzania in February. • The imports decreased to over 70, 000 bags of 90 kgs from both countries in March. by...
  16. Teargas

    Illegally imported maize from Tanzania impounded in Kuria West

    × ☰ Illegally imported maize from Tanzania impounded in Kuria West By Citizen Reporter For Citizen Digital Published on: April 23, 2021 19:31 (EAT) File image of maize. PHOTO| COURTESY Police in Kuria West Sub County have launched an investigation into 150 tonnes of maize...
  17. Teargas

    Uganda -Tanzania Oil Pipeline is still in the dark

    French banks disavow Total’s EACOP plans Three French banks have committed not to provide project financing for the Total-led East African Crude Oil Pipeline (EACOP). By Ed Reed 22/04/2021, 4:04 pm Total news Register here for the Energy Voice daily newsletter, bringing you key news and...
  18. Teargas

    Tanzania is planning to take their Mathematics teachers back to school

    This is because they don't understand most topics in mathematics hence resulting in students mass failure in mathematics exams. Dar es Salaam. Serikali imesema kuanzia Julai Mosi itaanza kutoa mafunzo kazini, ikiwamo mbinu za ufundishaji wa somo la hesabu. Hatua hiyo ni baada ya Serikali...
  19. Teargas

    World Wealth Report 2021. Kenya has more dollar millionaires than all other East African countries combined.

    Here's the link for the report, https://www.afrasiabank.com/en/about/newsroom/africa-wealth-report-2021 Some screenshots from the report. Nairobi was also ranked the fifth wealthiest city after Jo'bag Cape Town Cairo Lagos Durban
  20. Teargas

    One insurance company in Kenya made a profit four times larger than the combined profit made by top 8 insurance companies in Tanzania.

    Kenya is still miles ahead of Tanzania. Jubilee insurance ksh4.09B profit 8 top insurance companies in Tanzania Ksh 900M The Standard - Breaking News, Kenya News, World News and Videos The Standard - Breaking News, Kenya News, World News and Videos ☰ Jubilee Insurance cuts costs to post Sh4.09...
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