London, 25 August 2020 -- Moody's Investors Service, ("Moody's") has today downgraded to B2 from B1 the long-term local currency deposit ratings of two Tanzanian banks, CRDB Bank Plc (CRDB) and NMB ...

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There are a dozen and one success and failure stories about privatisation since it was launched during the presidency of Mr Benjamin William Mkapa. Many state-owned firms were sold off to locals or ...

BANK of Tanzania (BoT) has given CRDB Bank a green light to open a subsidiary in DRC this year. The central bank approval finalised the bank's almost decade-long ambition to venture into a second ...