Abduel Elinaza

Dar es Salaam, Tanzania

Business Reporter at Daily News Tanzania

Romans 8:18 [KJ21] For I reckon that the sufferings of this present time are not worthy to be compared with the glory which shall be revealed in us.

Featured in: Favicon

dailynews.co.tz Favicon

allafrica.com Favicon

htsyndication.com

Articles

How Tanzanian T-bonds are reshaping investor appetite

2 weeks ago | dailynews.co.tz | Abduel Elinaza

TANZANIA’S Treasury bond (T-bond) market is undergoing a transformation as shifting investor preferences, regulatory incentives and monetary tightening reshape demand and pricing dynamics. After two decades of steady evolution, the market is now marked by rising yields, renewed interest in long-term paper and policy-driven efforts to balance domestic and foreign investor participation. The trend reflects broader macroeconomic dynamics and changing preferences among key institutional investors.
VP urges banks to adopt AI

1 month ago | dailynews.co.tz | Abduel Elinaza

ARUSHA: VICE-PRESIDENT Dr Philip Mpango has called on Tanzania’s financial sector to embrace artificial intelligence (AI) responsibly, urging stakeholders to strike a balance between innovation and cybersecurity to protect the industry from rising digital threats.
Msuya points path for growth

1 month ago | dailynews.co.tz | Abduel Elinaza

Underlines good governanceCalls for human capital investmentTANZANIA today bids a solemn farewell to Cleopa David Msuya, its former Prime Minister and First Vice-President, as he is laid to rest in his birthplace of Chomvu, Usangi, Mwanga District, Kilimanjaro Region. He passed away in Dar es Salaam last Wednesday. A revered statesman and architect of national development, Msuya championed unity and people-centred progress throughout his decadeslong service.
Tanzania : Dar es Salaam Stock Exchange December trading hits record volume

Jan 7, 2025 | african-markets.com | Abduel Elinaza

THE Dar es Salaam Stock Exchange (DSE) equity market has strongly ended the year with a total trading volume of 45.4bn/- while December being the highest monthly volume of the year. The trading volume surge was attributed to year-end sell-offs as investors sought to free up liquidity for seasonal expenses. December is traditionally seen as a festive month, with many, especially from Kilimanjaro, travelling home for family reunions and year-end celebrations.
DSE December trading hits record volume

Jan 7, 2025 | dailynews.co.tz | Abduel Elinaza

DAR ES SALAAM: THE Dar es Salaam Stock Exchange (DSE) equity market has strongly ended the year with a total trading volume of 45.4bn/- while December being the highest monthly volume of the year. The trading volume surge was attributed to year-end sell-offs as investors sought to free up liquidity for seasonal expenses. December is traditionally seen as a festive month, with many, especially from Kilimanjaro, travelling home for family reunions and year-end celebrations.
Julius Nyerere: Champion of African liberation and unity

Oct 14, 2024 | dailynews.co.tz | Abduel Elinaza

TANZANIA: MWALIMU Julius Nyerere devoted his life to the service of Tanzania and the broader African continent, driven by an unwavering vision of liberation and self determination. His relentless commitment stemmed from a profound desire to free nations from the grip of exploitation, ensuring that every country could stand sovereign and dignified. Nyerere’s legacy as a leader and advocate for social justice continues to inspire movements for freedom and equality across the globe.
Julius Nyerere: Champion of African liberation and unity

Oct 14, 2024 | htsyndication.com | Abduel Elinaza

Dar es Salaam, Oct. 14 -- TANZANIA: MWALIMU Julius Nyerere devoted his life to the service of Tanzania and the broader African continent, driven by an unwavering vision of liberation and self determination. His relentless commitment stemmed from a profound desire to free nations from the grip of exploitation, ensuring that every country could stand sovereign and dignified.
Analysts split on upcoming central bank rate decision

Oct 1, 2024 | dailynews.co.tz | Abduel Elinaza

AS the Bank of Tanzania (BoT) approaches a key interest rate announcement on Thursday, analysts are sharply divided on the likely outcome. Some experts believe the BoT will maintain its rate at 6.0 per cent for the third consecutive meeting, citing stable inflation and favourable macroeconomic conditions. They argue that holding steady will help safeguard economic stability amid rising import costs and a persistent trade deficit.
CRDB’s expansion marks milestone for Tanzanian banking

Sep 10, 2024 | dailynews.co.tz | Abduel Elinaza

DAR ES SALAAM: CRDB Bank’s recent expansion into the regional and international financial markets marks a significant turning point for Tanzania’s banking sector. The sector, traditionally dominated by Kenyan banks, shows the regional banking landscape has shifted with CRDB’s entry into Burundi and the Democratic Republic of Congo (DRC) and its plans to venture into Uganda, Comoros and Zambia, and now outside the continent.
CRDBs expansion marks milestone for Tanzanian banking

Sep 10, 2024 | htsyndication.com | Abduel Elinaza

Dar es Salaam, Sept. 10 -- DAR ES SALAAM: CRDB Banks recent expansion into the regional and international financial markets marks a significant turning point for Tanzanias banking sector. The sector, traditionally dominated by Kenyan banks, shows the regional banking landscape has shifted with CRDBs entry into Burundi and the Democratic Republic of Congo (DRC) and its plans to venture into Uganda, Comoros and Zambia, and now outside the continent.