The inability of travel agencies to promptly remit proceeds of air ticket sales to foreign airlines has forced their insurance firm, Leadway Assurance Company Limited, to set fresh hurdles before the agencies, investigations by our correspondent has revealed. Consequently, each of the over 500 travel companies in the country can […]
Author: InvestAdvocate
IMF Commends Tanzania on Economy, disburses US$57 million Credit
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Wednesday commended the Tanzanian Authorities for their prudent policy management and progress in stabilising its economy as the Fund disbursed an additional US$57 million credit to the Country; bringing total resources available for potential disbursement under the arrangement to SDR […]
Nasdaq CEO says would definitely consider Euronext
Nasdaq OMX Group would definitely consider bidding for Euronext, the operator of the Paris, Amsterdam, Brussels and Lisbon stock exchanges, if it were put up for sale, Nasdaq’s Chief Executive Robert Greifeld said in an interview. “We would have to take a look at it,” he said. “I’m not saying […]
