The Dar es Salaam Stock Exchange (DSE) has listed Tanzania’s first Exchange Traded Fund (ETF), the Vertex International Securities ETF (VIS-ETF). Vertex International Securities Limited, a firm with roots in East African investment advisory, manages the VIS-ETF. The ETF is designed to provide Tanzanian investors with access to a diversified portfolio of global equities, thereby enhancing portfolio diversification and market liquidity. “This listing is a strong reflection of investor trust and our commitment to broadening access to capital market opportunities,” said Mateka Mgeta, CEO of Vertex International Securities, during the launch ceremony. The ETF raised TZS 6.8 billion, surpassing its…
Author: Muindi
Muindi
Experience working on communication and marketing departments and in the broadcast industry. Interested in sustainable development and international relations issues.
Despite a year marked by macroeconomic turbulence, trade uncertainty and geopolitical tensions, reform-driven African economies are proving resilient. According to the Absa Africa Financial Markets Index 2025, while only 10 of 29 countries improved their scores, deeper analysis shows significant progress in foreign exchange reforms, climate finance, and product innovation. Progress Despite Global Headwinds The past 12 months have tested Africa’s financial systems. According to the index, two-thirds of countries saw their scores fall or remain unchanged. Yet beneath the surface, reform momentum is accelerating. Kenny Fihla, CEO of Absa Group, says, “On a headline basis, the last year may…
President William Ruto has declared a seven-day period of national mourning following the death of former Prime Minister Raila Amolo Odinga, EGH, one of Kenya’s most iconic political figures. Odinga passed away on the morning of Wednesday, October 15, after suffering a cardiac arrest during a morning walk in India, where he had been receiving medical treatment. “In honor of the life and times of the former Prime Minister Raila Odinga, and on behalf of the grateful nation, I, William Ruto, under the authority vested in me as the President of the Republic of Kenya, declare that the nation will…
“The struggle is eternal. I may not reach the summit, but others will climb higher because we dared to begin.” Raila Amolo Odinga. From the depths of detention to the steps of State House, from political exile to global diplomacy, Raila Amolo Odinga’s life has been a relentless contest between conviction and circumstance. For more than five decades, the man Kenyans call Agwambo “the unpredictable one” has defined, defied, and reshaped the country’s politics. To understand Kenya’s democracy, one must walk through Raila’s story: one of pain and perseverance, vision and vindication, loss and lasting legacy. Raila Amolo Odinga was…
OPPO Kenya is set to launch the OPPO A6 Pro Series on October 23, 2025, bringing a powerful blend of durability, performance, and design to the mid-range smartphone market. 7,000mAh Battery + 80W Flash Charge = All-Day Power The OPPO A6 Pro Series features a massive 7,000mAh battery built on high-density graphite cell technology, delivering: Up to 20.6 hours of YouTube playback 40.3 hours of screen-off calls 29 hours of WhatsApp voice calls Paired with 80W SUPERVOOC™ Flash Charge, the device reaches 100% in just 60 minutes. Even after five years of typical use, the battery retains over 80% of…
Somali businessman Abdiweli Hassan, founder of Business Bay Square (BBS) in Nairobi’s Eastleigh area, is set to invest KSh 65 billion ($503 million) at Tatu City. A New Kind of City Within a City The project will integrate residential apartments, shopping centres, offices, warehouses, schools, parks, and a mosque, all linked by Tatu City’s established road and utility network. Linked by Tatu City’s established road and utility network, the development will preserve nearly half the land as open green space — balancing real estate growth with livability. Construction is expected to begin within the next year and roll out in…