Business

CRDB’s Al Barakah Sukuk oversubscribed amid strong appetite for Islamic finance

In the foreign currency tranche, the bank targeted only $5 million but attracted $32.3 million, representing a 646 percent oversubscription

  1. Used clothes traders grapple with ‘rising costs, poor quality’

  2. BoT rules out selling gold despite record prices

  3. Tanzania moves to establish national industrial database

  4. Kenya backs Rostam's $130 million Taifa Gas terminal, clearing way for Africa’s largest LPG facility

  5. Airtel Africa posts robust half-year growth as data and mobile money power continental digital drive

  6. Rollout of govt–Barrick scheme for small-scale miners gathers speed

  1. Chamber of commerce urges govt to prioritise Tanzanian businesses and sectoral growth

  2. Samia outlines sweeping reforms to transform Tanzania’s mineral sector in her new five-year term

  3. Tanzania’s next five years to be defined by economic growth, says President

  4. Congo PM Suminwa: Economic blocs must end rivalry, complement each other

  5. Over 100,000 smallholder farmers to benefit from new Agroforestry Initiative

  6. Entrepreneurs tread cautiously as election-related violence impact lingers