Author: Albert Nangara

According to Tanzania Mortgage Refinance Company Ltd (TMRC), these products are competing with mortgage in terms of loan amount and to some extent tenor as they are offering consumer loans for the tenor of up to seven years amounting to around TZS 120 million, an amount enough to buy a housing unit.

However, a key element in the growth of the mortgage market in Tanzania continues to be the provision of long-term funding both in the forms of refinancing and pre-financing by the TMRC to facilitate PMLs matching their assets (mortgage) and liabilities (funding).

TMRC was established in 2010 under the Housing Finance Project (HFP) which was set up by the Ministry of Finance and Planning in collaboration with the World Bank and the Bank of Tanzania.…

Ghana competes in the global economy primarily using natural resources. Other than the usual exports of cocoa, gold, lumber, and crude oil, Ghana has a competitive advantage in numerous product categories. Increasing the proportion of high-income commodities in the export basket hastens economic transition.

The opportunity is providing better, economically advantageous items to regional and worldwide markets. Cocoa processing, wood processing, aluminium products, palm oil, food and agro-processing, and fish processing are examples of manufacturing sub-sectors that fit these two requirements.

Manufacturing subsectors that capture considerable proportions of manufacturing value-added, such as food and drinks, chemicals, and textiles, have significant technology, knowledge, and skills inherent in them. These assets can be used to produce additional goods within the sub-sector or even outside of it. It is also easier to go up the value chain after you have mastered relevant technologies and markets.…

Certain GMOs have modifications that render them resistant to specific antibiotics. Theoretically, when people or animals eat these plants, their genes may be ingested. As a result, the individual or animal may also get resistant to antibiotics.

There have been worries that food DNA could damage the immune system ever since some food scientists discovered in 2009 that food DNA can survive as far as the gut.

Additionally, some people have expressed concern that consuming GMO food can alter human genetics. But whether a food is genetically modified or not, the majority of its DNA is either eliminated by cooking or degrades before it reaches the large intestine.…

The Gambia has a small economy that relies primarily on agriculture, tourism, and remittances for support. It remains heavily dependent on the agriculture sector.  The Gambia can bank on these sectors for economic growth and to repay their debt.

Gambian agriculture has been characterized by subsistence production of food crops comprising cereals (early millet, late millet, maize, sorghum, rice), and semi-intensive cash crop production (groundnut, cotton, sesame, and horticulture). Farmers generally practice mixed farming, although crops account for a greater portion of the production.

Groundnuts are the traditional cash crop. The Gambia also exports produce to Europe; Gambian mangoes and other fruits may now be found on the shelves of the supermarket chains like Tesco and Sainsburys. The Gambia’s largest trade partner is Cote D’Ivoire, a fellow Economic Community of West African States (ECOWAS) member, from which The Gambia imports the majority of its fuel products. Other major trade partners …

For the full year ended June 30, 2022, EABL reported EABL delivered its highest profit in five years of US$15.6 million, up 124 per cent.

EABL navigated rising inflation and increase in excise taxes through strategic pricing and effective cost management to post impressive figures.

Prior to his role at KBL, Musunga had a highly successful career at GSK working at senior levels in Eastern Africa, Southern Africa, and Europe.

Among other industry roles, he served as a Non-Executive Director for the Vision 2030 Board in Kenya, chaired the Kenya Association of Pharmaceuticals Industry and the Kenya HIV/AIDS Business Council.…

Delivering the Medium-Term Budget Policy Statement (MTBPS), the Minister increased the revenue collection estimate that SARS must collect to R1.682 trillion from R1.598 trillion.

SARS is central to tax revenue collections in the country and allows for adequate fiscal space to attend to social and investment spending priorities while keeping an eye on debt service costs. It provides about 90 per cent of all government revenue, which makes this increase in the revenue to be collected by SARS very significant.

The South African Revenue Service (SARS) has welcomed Finance Minister Enoch Godongwa’s emphasis on ensuring that government finances are spent in an equitable, efficient and flexible manner to support South Africa’s development objectives.…

Why does this happen? Is it governance? Is it the CEO? Is it the CEO’s relationship with the Board of Directors? Or is it something else?

High CEO turnover may boil down to an individual problem, but before pointing too many fingers, organizations may want to turn inward and seek any possible problems occurring in the history of the role as well.

Now, let us look at Kenya’s top four CEO changes in 2022.…

• Liquid Cloud, Microsoft  Collaborate to Deploy Hybrid Cloud Infrastructure in Africa
• Combining linear TV via satellite and on-demand services via OTT offers content in optimum quality at the convenience of the viewers.

Africa cannot afford to be complacent about digital transformation. The scale and complexity of Africa’s technical landscape sits at the heart of the problem, and connectivity issues are particularly prevalent.

Digital transformation offers Africa huge potential to overcome, even leapfrog, many of its perennial development and growth challenges.

The African telecommunication space has developed and has positively and significantly affected the growth of the economies on the continent in many ways. From enabling access to banking through mobile phones to interlinking the formal and informal economies that exist in the region.

Satellite combined with other technologies like fibre to form hybrid solutions is seen as critical to efforts by industry stakeholders to increase broadband connectivity in Africa especially …

The government said several reasons have necessitated the new policy shift. The spike in mineral earnings ensures that there is revenue to support public expenditure while mineral reserves are also built to accumulate savings.

Zimbabwe’s President Emmerson Mnangagwa said a new policy that compels miners to pay half of their royalties in goods and half in cash will start from this month as the country attempts to make precious essence and mineral stashes for the first time.

The southern African nation will hold gold, diamonds, platinum and lithium reserves, Mnangagwa said in his daily column, published in the Sunday Mail review.…

FlyNamibia will adopt Airlink’s “4Z” International Air Transport Association (IATA) designator for its ticket sales and scheduled flights under a commercial franchise agreement. Although it will continue to operate under its own commercial risk.

Namibia’s only scheduled carrier will retain its own corporate identity, brand, and aircraft livery.

According to an announcement made at a news conference in Windhoek on September 28, 2022. FlyNamibia’s inventory will be promoted on Airlink’s reservation system and through its international codeshare partnerships and the changes will come into effect as soon as practicable.

Airlink and FlyNamibia will also optimise their schedules to provide the most convenient connections between their respective flights and with long-haul intercontinental flights provided by Airlink’s other commercial partners, which include more than 20 of the world’s leading global airlines.…