AGP Executive Report
Last update: 8 hours agoBanking & Finance: I&M Bank Group says half-year profit crossed Sh10.2bn, up 22%, as gross non-performing loans fell 12% and net non-performing loans ratio improved to 2.3% while provisions rose. Sports: Simba kept their Mainland Premier League start perfect with a 1-0 win over Coastal Union, moving to 12 points from four matches after a header by Oliver Toure. Politics & Governance: Tanzania’s ruling CCM expelled Vice-President Emmanuel Nchimbi after he resigned, naming Energy Minister Deogratius Ndejembi as the party’s vice-presidential nominee—sparking questions over what led to the expulsion. Tech & Taxes: Apple updated App Store tax and pricing rules, including Tanzania’s digital sales tax rising from 2% to 3%, with price changes set from Sept 14. Business & Regional Ties: Billionaire Mohammed Dewji met Botswana’s leadership in Gaborone as he scouts new investment opportunities, including renewable energy and financial services. Agriculture: Bayer Tanzania stepped up a Morogoro farmer sensitisation drive to push certified maize seed and fight counterfeit inputs.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
