5 Basic Ways to Invest MONEY

ECONOMY: There are five basic ways to invest money: putting it in a saving account or something similar; buying collectibles; buying apartment or a house; buying bonds; and buying stocks. Let’s examine these one at a time. Saving Accounts, Money-Market Funds, Treasury Bills, and Certificates of Deposit (CDs) All the above are known as short-term investments. […]

Tanzania Will not Fixing Loan Rates, Says Finance Minister

ECONOMY: The Bank of Tanzania (BoT), has no plan to cap loan interest rates, since the country now practices free monetary policy, Finance and Planning minister, Dr Mwigulu Nchemba told reporters on Sunday. Mwigulu Nchemba was speaking in Dodoma where he was presenting his ministry’s success in the past 60 years of independence, where he […]