Mwalimu Bank to Open Doors Next May

Mwalimu Commercial Bank (MCB), expects to open doors to the public in May, 2016, with a capital of 31bn/-. The bank’s Project Manager, Mr Ronald Manongi, told journalists just after the listing of the bank at the Dar es Salaam Stock Exchange (DSE),recently that all arrangements were going on well. The first branch will be

Mwalimu Bank Listing Likely Next Week

Listing of Mwalimu Commercial Bank (MCB), on Dar es Salaam Stock Exchange (DSE), is slated for next week. DSE officials and brokers said listing would be done next week for more convenience, since tomorrow the nation was going to celebrate the swearing in of the new president. The listing comes after successful primary offer that

Teachers’ Bank to Boost Dar es Salaam Bourse Prospects

A Local bank by teachers, Mwalimu Commercial Bank is set to boost Dar es Salaam Stock Exchange (DSE) capitalisation to 25 per cent and transform capital market landscape in the country. The bank, currently in final preparations before taking off and expected to list at the DSE alternative market in June, is expected to double