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How judges saved the East African Development Bank from collapsing
Written by TIMOTHY KAHOHO   
Friday, 27 January 2012 09:01



THE East African Development Bank (EADB) has triumphed in a potentially fatal encounter with Blueline Enterprises Limited (BEL), in a legal wrangle before the courts of law since 1995. A judgment of a panel of justices of the Court of Appeal of Tanzania read by Deputy Registrar Maximilian Malewo on December 28, faulted the High Court for wrongly entertaining execution of an arbitral award after the EADB had unequivocally pleaded immunity.

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Tanzania Postal Bank’s- Deposit As Much As You Earn
Written by By photographer   
Friday, 27 January 2012 08:51

The long term depositor of Tanzania Postal Bank’s- Deposit As Much As You Earn (WADU) product Reheme Wanjara receives a certificate of appreciation from the bank’s acting chief executive officer Moses Manyatta in a ceremony held last week at the Peacock Hotel- Dar es Salaam. Right is the WADU product manager Bakari Kisuda.
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STEEP ELECTRICITY TARIFF HIKE:
Written by TIMES REPORTER   
Friday, 27 January 2012 08:40

Power firm says 'blame Govt, not us!'

THE state-owned power entity Tanzania Electric Supply Company Limited (TanESCo) says that it has become the major victim of the ongoing ‘blame game’ following the increase by 40.29 per cent of  its electricity tariffs which came into effect on January 15 this year.
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EA bucks global trend - domestic companies outperform exporters, says Regus study
Written by TIMES REPORTER   
Friday, 27 January 2012 08:43

Companies operating in international markets are reporting better results (revenue trends, or profit trends, or both) than those concentrating on their domestic market, except in East Africa.

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EPZ project to lift sleepy Bagamoyo to new heights
Written by MOHAMED KAZINGUMBE   
Friday, 27 January 2012 08:37

THE Export Processing Zone Authority (EPZA) has developed plans designed to transform sleepy Bagamoyo from being the oldest town in Tanzania into a modern, vibrant metropolis and business hub for the East African region.
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