U.S. warns its citizens in Tanzania ahead of anti-gay crackdown
By Nuzulack Dausen The United States has warned its citizens in Tanzania to be cautious after commercial capital Dar es Salaam announced a crackdown on...
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Death toll reaches 136 in Tanzania ferry disaster (Update 3)
At least 136 bodies have been retrieved after a ferry sank on Lake Victoria, Tanzania‘s top police official Simon Sirro said on Friday, and scores more...
Cypriots to build school in Tanzania
Less than a year ago, when three Cypriots left for Nepal to donate shoes and clothing to children and monks, they announced that their next...
Cooperation may speed up FBME liquidation, depositor pay-outs
The decision of the Bank of Tanzania to revoke the banking licence of FBME Bank Ltd and to liquidate it, has created a new situation...
ICC ruling cannot stop FBME liquidation, says CBC
THE Arbitral Tribunal of the International Chamber of Commerce may have ruled to allow the conditional access of FBME Bank’s owners to the lender’s premises,...
The shoes that grow for the children who need them
Two Cypriot friends are personally delivering 60 pairs of rather special shoes to a Tanzanian school Thirty-two-year-old Giorgos Tsikkos and 30-year-old Socrates Rossides arrived in...
FBME says activiation of deposit scheme ‘designed to protect CBC, not depositors’
FBME Bank said on Sunday that the Central Bank of Cyprus (CBC) had triggered the deposit guarantee scheme so that the supervisory body could claim...
Tanzania launches manhunt after poachers kill British helicopter pilot
Tanzanian authorities have launched a manhunt after poachers shot down a helicopter and its British pilot during an operation to track down elephant killers, officials...
FBME heading back to court
By Elias Hazou THE Nicosia district court will next week continue hearing the case brought before it, where the Central Bank of Cyprus (CBC) is...
CBC to request FBME resolution order by Wednesday – reports
By Angelos Anastasiou Monday’s decision to revoke the banking licence of the Federal Bank of the Middle East (FBME) was part of the Central Bank...
Cholera hits 3,000 Burundi refugees in Tanzania
By Stephanie Nebehay and Goran Tomasevic About 3,000 refugees fleeing political turmoil in Burundi have been infected in a cholera epidemic in neighbouring Tanzania, the...
President returns to Burundi after army says coup bid failed (Update 2)
By Patrick Nduwimana and Goran Tomasevic President Pierre Nkurunziza returned to Burundi on Thursday, his office said, after the army chief declared that an attempted...
FBME loses fight to stop sale of Cyprus branch
THE NICOSIA district court has rejected an application filed by FBME bank for an interim order halting the expropriation and sale of its Cyprus branch,...
FBME clients only have cheque access
By Jean Christou FBME Bank on Tuesday issued an advisory to customers given the current situation at the bank. The central bank took over the...
FBME welcomes partial unblocking of accounts
The owners of FBME Limited, the holding company of FBME Cyprus branch, have welcomed a partial unblocking of accounts, but said Cyprus authorities could be...
FBME will seek ways to stop sale of Cyprus branch
The holding company of FBME Bank said it will seek other ways to stop the sale of its branch in Cyprus after a Supreme Court...