Category: INTERNATIONAL

Development partners in civil society organisations want increased budget allocations especially for the agricultural sector with specifics on agricultural extension service financing. The Civil Society Budget Advocacy Group (CSBAG) says it is important for government to allocate enough funds for agricultural extension services, a key component used to assist farmers in expanding their ability to…

With the old tiled roofing houses and ample space that is characteristic of any low-density suburb, the area along Old Moshi Road (recently renamed Julius Nyerere Road) in Arusha remained what it was designed for from the colonial times and in the post-independence era: a residential area for senior government officials and well-to-do business people.…

Tanzania lacks an Islamic banking regulatory framework and the situation affects investors in the field, an executive has said. “Such a framework is vital for managing Islamic banks and identifying elements that are different from conventional banks. We lack Treasury instruments for speeding up investments and governing our banks,” Amana Bank Limited managing director Muhsin…

An American consulting firm that was hired to conduct a forensic audit into the collapse of Imperial Bank may have earned more than Sh1 billion so far, according to leaked contract documents showing the professional charges agreed for the service. The Central Bank of Kenya (CBK) hired Washington D.C.-based FTI Consulting to review troubled Imperial…