TPS Eastern Africa Cuts Net Losses to KSh 632.5M
TPS Eastern Africa Plc has reduced its net losses by more than half to KSh 632.9 Million at the end of 31st December 2021, compared to a net loss of [...]
WPP ScanGroup Plc Trims Net Losses to KSh37.9M
WPP ScanGroup Plc made a net loss of KSh 37.9 Million at the close of financial year ended 31st December 2021 from a net loss of KSh 1.7 Billion in [...]Tanzania Breweries Net Profit Rises 68% to $64.4M
Tanzania Breweries Limited(TBL) Plc Net Profit increased by 68% to TSh 149,658 M ($ 64.4M) at the close of 31st December 2021. This is compared to a net profit of [...]Taifa Gas to Enter Kenya’s LPG Market
Taifa Gas, Tanzania’s biggest gas dealer, is set to establish a plant within Kenya's Export Processing Zone(EPZ). The move is expected to trigger a fierce price war between Taifa Gas [...]Uber Suspends Operations in Tanzania
Uber, the US-based taxi-hailing service, has suspended its operations in Tanzania effectively Thursday, April 14, until further notice. This is despite new higher fares announced by the Land Transport Regulatory [...]Tanga Cement posts a net profit of $ 1.5 M in 2021
Tanga Cement Group Plc, manufacturer of the popular Simba Cement brand, recorded a net profit of $ 1.5 Million (TZS 3.5 billion) in 2021 compared to net loss of TZS [...]
