Letshego Sells Five African Units to Axian as Kenya Waits Behind a Legal Snag
Letshego Holdings sells 5 African units in Uganda, Rwanda, Tanzania, Ghana and Nigeria to Axian for US$62.7 million, shrinking to...
August 7, 2026Topic
Tanzania
Rwanda Suspends 14 Tanzanian Alcohol Brands as the Methanol Crackdown Widens
Rwanda suspended imports of 14 Tanzanian alcohol brands and ordered a recall on 5 August 2026, part of a crackdown...
August 7, 2026
Tanzania Treasury Bills Open to Every Foreign Investor for the First Time
Tanzania Treasury bills and government bonds are open to all non-resident buyers after a July 2026 rule change, with entry...
August 7, 2026 Tanzania Misses Its Own Deadline on a US$42 Billion LNG Deal
Tanzania said it would sign the legal framework for its US$42 billion LNG project before June 2026. The deadline passed...
August 6, 2026 Tanzania Raises US$100 Million in London for Small Firms
A shilling-denominated bond listed in London on July 25 raised the equivalent of US$100 million for Tanzanian small businesses, with...
July 31, 2026
East African Community (EAC) Single Currency Delayed to 2031
The East African Community has formally pushed its single-currency deadline from 2024 to 2031, with Tanzania reaffirming commitment to the...
July 29, 2026
Tanzania Gold Reserves Hit US$3.8 Billion in Dollar Shift
Tanzania gold reserves surged to 27.5 tonnes valued at US$3.8 billion, now over 60% of foreign reserves. The shilling gained...
July 25, 2026
Uganda EACOP Pipeline Lawsuit Opens in UK Court
Four Ugandan farmers filed a landmark UK High Court case against the $5.6 billion East African Crude Oil Pipeline, seeking...
July 24, 2026
Absa Tanzania Deal to Create $3 Billion Bank
Absa Group plans to fold Absa Bank Tanzania into National Bank of Commerce, creating a lender with about US$3 billion...
July 23, 2026