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Tanzania: CRDB Bank approves 30% dividend increase


By Abduel Elizana | Dailynews TZ
Published: May 24, 2021 7:08 PM
CRDB Bank shareholders have approved a 30per cent dividend increase after a superb profit despite coronavirus pandemic challenges last year.
 
The dividend has increased from 17/- in 2019 to 22/- last year, after one of the leading lenders, posting a 37.5 per cent in net profit raise.
 
The shareholders who met in Arusha last Saturday approved the 57.46bn/- compared to 44.4bn/- issued in 2019 for the dividend.
 
CRDB Chairman Ally Laay said with significant profit growth last year, the board recommended the 22/- per share as dividend but subjected to shareholders approval.
“Shareholders have trusted us by investing in our shares with the expectation that they will get competitive returns,” Dr Laay told the AGM. ....

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Home-country-TQM adds COVID insurance package


Home-country-TQM adds COVID insurance package
April 12, 2021 by archyde
Monday, April 12, 2021, 12.55
TQM add COVID insurance package
Situation of the COVID-19 Outbreak The third wave began to expand widely and quickly spread across the country. It worries the public and there are many that fall into the high risk of infection. Therefore having to be tested for infection at the hospital As a result, many medical institutions have to temporarily stop providing testing services. This has made finding a test site a problem, while concerns about the COVID claim for those who have been diagnosed with the infection and are admitted to the hospital have raised concerns about the procedure. Claim insurance ....

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