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Thursday, 18 January 2018

KIPINDI MAALUM CHA RAIS DKT. JOHN MAGUFULI KUHUSU ELIMU BURE


Rais wa Jamhuri ya Muungano wa Tanzania Mhe. Dkt. John Pombe Magufuli ameagiza kuchukuliwa hatua dhidi ya viongozi na watendaji ambao shule za msingi na sekondari zilizopo katika maeneo yao zinawatoza wanafunzi michango mbalimbali kinyume na muongozo uliotolewa na Serikali wa utoaji wa elimu bila malipo. 


Mhe. Rais Magufuli ametoa maagizo hayo leo asubuhi tarehe 17 Januari, 2018 Ikulu Jijini Dar es Salaam alipokutana na kufanya mazungumzo na Waziri wa Elimu, Sayansi na Teknolojia Prof. Joyce Lazaro Ndalichako na Waziri wa Nchi, Ofisi ya Rais, Tawala za Mikoa na Serikali za Mitaa (TAMISEMI) Mhe. Selemani Said Jafo. 

Mhe. Rais Magufuli amesema Serikali inatoa Shilingi Bilioni 23.875 kila mwezi kwa ajili ya kuwezesha utoaji wa elimu bila malipo lakini inashangaza kuona bado kuna walimu wanaendelea kuwatoza michango ama kuwarudisha nyumbani wanafunzi ambao wanashindwa kutoa michango hiyo. 

ETHIOPIAN AIRLINES INKS DEAL WITH ZAMBIA TO REVIVE NATIONAL CARRIER

An Ethiopian Airlines Dreamliner at Jomo Kenyatta International Airport, Nairobi. The airline has acquired a 45 per cent stake in Zambia Airways.
Ethiopian Airlines has acquired a 45 per cent stake in Zambia Airways that is set to be re-launched after more than two decades.

Africa's most profitable airline said Tuesday it has finalised a shareholders agreement with Zambia in line with its vision of setting up multiple hubs in southern and central Africa and the Horn.

READ: Ethiopian carrier flies high, doubling profits

ALSO READ: Ethiopian Airlines flies alone, taking all the cash

Under the pact, the Zambian government will be the majority shareholder with a 55 per cent stake.

“The [re-]launching of Zambia Airways will enable the travelling public in Zambia and the southern African region to enjoy greater connectivity options, thereby facilitating the flow of investment, trade and tourism, and contributing to the socio-economic growth of the country and the region,” said Mr Tewolde Gebremariam, the CEO of Ethiopian Airlines Group.

AFRICAN AIRLINES TO LAND INTO DEEPER LOSSES IN 2018

Planes at Kigali International airport. Many African airlines have been struggling to make profit.
The aviation industry in Africa is projected to continue making losses this year, largely due to the failure by governments to open up skies for competition.

The International Air Transport Association (IATA) says that while globally the aviation industry is expected to make significant profits, in Africa the industry will post a cumulative loss of $100 million, after posting a collective net loss of $100 million in 2017.

IATA attributes the losses to the failure by governments to liberalise the continent’s airspace, slow economic recovery and high operating costs.

The association which brings together the world’s airlines contends that while economic growth in Africa is expected to rebound — which will push demand for air transport to eight per cent — most airlines will continue making losses.

Despite the projected growth in traffic, most of the continent’s carriers fly at 70 per cent capacity against an 80 per cent industry average.

“Stronger economic growth will help in 2018, but governments need a concerted effort to further liberalise to promote growth of intra-Africa connectivity,” says IATA in its Industry Economic Performance 2017 report.

KENYA'S PATRICK NJOROGE NAMED AFRICA'S CENTRAL BANKER OF THE YEAR

Central Bank of Kenya governor Patrick Njoroge has been feted for his role in cleaning up Kenya’s financial sector.
The Central Bank of Kenya (CBK) governor Patrick Njoroge has been named the 2018 Central Banker of the Year in Africa by an international UK-based publication.

The Banker Magazine, a publication by the Financial Times Group, which also owns The Financial Times, recognised Dr Njoroge for his role in cleaning up Kenya’s financial sector.

This is the third international award accorded to Dr Njoroge since he took over leadership of the CBK in July 2015.

“Since being appointed as central bank governor in July 2015, he has acted swiftly to clean up the country’s banking sector, improve supervision and guidance measures, and spearhead efforts to position Kenya as a hub for green finance,” the magazine said.

“Monetary policy has remained stable and effective since late 2016 and inflation has generally remained within or close to the banks’ target range,” it added.

Banker Magazine said Dr Njoroge’s prudence and long-term vision for Kenya’s economy and banking sector ensured that he scooped the award.

ETHIOPIA TO REGISTER HIGHEST GROWTH IN THE REGION

Workers at a textile factory in Addis Ababa, Ethiopia. High commodities prices will spur economic growth in region.
Growth in sub-Saharan Africa is expected to accelerate to 3.2 per cent this year from 2.4 per cent in 2017.

But the forecast for faster growth will depend on a firming up of commodity prices and reforms.

According to the latest Global Economic Prospects (GEP) report released by the World Bank last week, growth in the region is estimated to have rebounded to 2.4 per cent last year, after slowing sharply to 1.3 per cent in 2016.

“However, despite the pickup, growth will remain below the rates seen prior to the global financial crisis, partly reflecting the struggle faced by the region’s larger economies to boost private investment,” the report says.

In the region, the economic is expected to expand at a solid pace, helped by robust investment growth. Ethiopia is expected to have the highest growth of 8.2 per cent followed by Tanzania at 6.8 per cent; Rwanda at 5.9 per cent, Kenya at 5.5 per cent and Uganda at 5.1 per cent as inflation eases.

VOLKSWAGEN PLANT TO OPEN IN KIGALI, JUNE 2018

Volkswagen production line at the Kenya Vehicles Manufactures (KVM), Thika, on December 21, 2016.
Rwanda's hopes of having its first vehicle assembling plant will be boosted when German carmaker Volkswagen opens its plant in Kigali by June this year.

“We are looking at opening in the first half of the year. Volkswagen South Africa is continuing with its plans to introduce an integrated mobility strategy for Rwanda that includes an assembly operation. Details will be announced within the next few weeks,” Stefan Mecha, director of sales and marketing at Volkswagen SA, told Rwanda Today.

He said the plant will be located at the Special Economic Zone in Kigali, and will focus on producing at least 1,000 vehicles in its first year of operation.

The plant will primarily assemble a new model of Volkswagen called “Think Blue,” which is said to be environmentally friendly and the electric versions of its VW Golf model.


Last year in September, Thomas Schafer, the chief executive of Volkswagen SA, said the company plans to double production of assembled vehicles annually once the plant is up and running.

Wednesday, 17 January 2018

INDUSTRIAL SUGAR CRISIS DEEPENS


. . . Bunge committee orders fast-track clearance of stalled consignments

Parliamentary Industry, Trade and Environment Committee has issued a directive to the government to fast-track clearance of stalled industrial sugar at the Dar es Salaam Port, to avert a looming crisis of shutting down factories.

Responding to a concern contained in the Confederation of Tanzania Industries (CTI) report, the Committee Chairman, Mr Sadick Murad, said his committee has ordered three ministries - Ministry of Industry, Trade and Investment; Ministry of Agriculture and of Finance and Planning to provide a quick solutionto the problem by today.

Briefing journalists after a heated debate, Mr Murad said CTI Chairman, Dr Samwel Nyantahe raised a red flag on the critical shortage of industrial sugar in the market, because the manufacturers have failed to get permits to clear consignments of refined industrial sugar currently stalled at the Dar es Salaam Port.

He said the stock of industrial sugar - the key raw material used in the production in some of the firms can only last for a week.

SEVEN 'FUEL THIEVES' FACE THE MUSIC, APPEAR IN COURT


Seven people, including former staff of the Tanzania Zambia (TAZAMA) Oil Pipeline Company, Samwel Nyakirang’ani (63), allegedly linked to the theft of fuel destined for the Tanzania Ports Authority (TPA), appeared before a Dar es Salaam Court yesterday, facing three counts.

Other accused persons at the Kisutu Resident Magistrate’s Court in the city were Nyangi Mentaro, a teacher at Ufukoni Primary School; Farijia Ahmed, a businesswoman; Malaki Mathias, a businessman; Kristomsi Angelusi, a businessman; Pamfili Nkoronko, a masson and Henry Fredrick, a businessman.

Before Principal Resident Magistrate Thomas Simba, the accused were not allowed to enter plea to the charges of “unlawful connection of fuelpipeline and damaging property which is used for the purpose of providing a necessary service.

” This is because they have been charged under the Eco-nomic and Organised Crime Control Act. The Magistrate ordered the accused to be remanded in custody because the Director of Public Prosecutions (DPP) has filed a certificate to deny them bail on grounds of public interest.

PRESIDENT JOHN MAGUFULI WELCOMES SIX ENVOYS TO DAR, UNDERPINS ECONOMIC DIPLOMACY

President John Magufuli shares a light moment with Mr. Robert Sirotka (right) shortly after his wife, who is the newly appointed Australian Ambassador to Tanzania, Ms. Alison Chartres (centre), presented her credentials  at State House in Dar es Salaam yesterday.
President John Magufuli has received diplomatic credentials from six foreign envoys who were recently posted to represent their nations in Tanzania, stressing on the need to promote economic diplomacy between Dar es Salaam and the countries they represent.

According to a press statement issued by the Directorate of Presidential Communications in Dar es Salaam yesterday, the emissaries included the Nigerian High Commissioner Sahabu Isah Gada, Polish Ambassador Krzysztof Buzalski in addition to Turkish Ambassador Ali Davutoglu.

The list also included the Ambassadors from French and Israel, namely Frederic Clavier and Noah Gal Gendler, respectively, as well as Australian High Commissioner Alison Chartres.

In an address after he received the credential letters, President Magufuli congratulated the ambassadors for their appointments, reiterating on the other hand that Tanzania would continue cementing the cordial cooperation it enjoys with their respective countries.

CURRENT VACANCIES AT THE AFRICAN DEVELOPMENT BANK




LAUNCH OF THE AFRICAN DEVELOPMENT BANK'S 2018 FLAGSHIP AFRICAN ECONOMIC OUTLOOK REPORT


The African Economic Outlook bridges a critical knowledge gap on the diverse socio-economic realities of African economies through regular, rigorous, and comparative analysis
ABIDJAN, Ivory Coast, January 17, 2018/ -- The launch of the African Development Bank’s (www.AfDB.org) 2018 flagship African Economic Outlook (AEO) report, the first to ever be released in January of a calendar year and at the Bank’s Headquarters in Abidjan will be streamed live on Facebook as follows –

Englishhttp://APO.af/pDeGXQ

The African Economic Outlook bridges a critical knowledge gap on the diverse socio-economic realities of African economies through regular, rigorous, and comparative analysis. It provides short-to-medium term forecasts on the evolution of key macroeconomic indicators for all 54 regional member countries, as well as analysis on the state of socio-economic challenges and progress made in each country. It represents African Development Bank staff economists’ analyses of African economic development during the previous year and near term. It has become the main flagship report for the African Development Bank, as well as reference material for policy makers, researchers, investors, key private sector players, civil society organizations, development partners, and many others interested in Africa’s development.

VACANCY ANNOUNCEMENTS AT TIB DEVELOPMENT BANK

PRUDENTIAL CAPITAL MARKET UPDATE AS AT 17 JAN. 2018

ALL SET FOR AMBITIOUS SGR SECOND PHASE TO TICK


Plans are afoot to officially launch the 1.923 billion US dollar (over 4tri/-) construction of the 336-kilometre Standard Gauge Railway (SGR) from Morogoro to Dodoma.

The groundbreaking ceremony to lay a foundation stone that signals the kicking off of the second phase of the SGR project is scheduled at Makutupora area in the country’s capital, Dodoma, according to Reli Assets Holding Company (RAHCO).

The second phase of the country’s ambitious project comes barely nine months after President John Magufuli launched the first phase of theSGR, which according to RAHCO Acting Managing Director, Masanja Kadogosa, is progressing well. Phase two of SGR stretches from Morogoro to the political capital of Dodoma, covering 336 kilometres.

Once the project is complete, the government plans to introduce fast and a modern train with a speed of 160kph. The freight train on the other side will have a maximum speed of 120kph.

Speaking in an interview with the ‘Daily News,’ Mr Kadogosa said the second phase of the project whose completion is set in 2020 is due for commencement and all preparations are in order. “We are currently finalizing the logistics within the government and later we will notify the public as to when we will lay the foundation stone for the project,’’ he said.

ONLINE REGISTRATION FOR COMPANIES BEGINS NEXT MONTH

ONLINE registration of companies will begin next month after completion of preparation of an online registration system, the business registration and licensing agency (BRELA) has said.
The agency said in a public note yesterday that it had completed development of online registration system for companies and post-registration services which will enable electronic registration for companies.
“BRELA is intending to start rendering online services with effect from 1 February 2018,” read the note issued by the Chief Executive Officer, Frank Kanyusi in another milestone in the efforts to improve doing business in Tanzania and the country’s ranking in the World Bank’s Doing Business Report.
Tanzania ranks low in the ease of doing business where, according to the latest World Bank annual ratings, the East African country is ranked 137 among 190 economies last year from 132 in 2016. Ease of Doing Business in Tanzania averaged 134.30 from 2008 until 2017, reaching an all time high of 145 in 2013 and a record low of 125 in 2010, according to Trading Economics.

OXFORD BUSINESS GROUP: KENYA - YEAR IN REVIEW 2017

A slowdown in agricultural activity, tighter credit conditions, a mid-year spike in inflation and political uncertainty on the back of two disputed elections have contributed to a mixed year for Kenya, with the country scaling down internal growth forecasts.


GDP growth was expected to reach 5% in 2017, down from 5.8% in 2016, but still well above the sub-Saharan average of 2.7%, according to the IMF.

However, proposed credit changes and the Supreme Court’s decision to uphold the results of October’s presidential election point to a more positive outlook for 2018.

Severe weather conditions affect agriculture

A period of drought, followed by flooding, impacted agricultural production and earnings in key segments of the largest economic sector.

Drought was a major factor affecting green tea leaf production, which declined by 12.4% year-on-year (y-o-y) in the first nine months of the year, according to the Agriculture and Food Authority. Yearly yields are expected to total 420m kg, down from the 473m kg recorded in 2016.

Sugar production fell by 29.5% y-o-y, while coffee sales on the Nairobi Coffee Exchange were down 20.1%, as adverse weather conditions affected crop harvests.

As the drought eased in the fourth quarter, heavy rainfall in some parts of the country led to flooding, further hindering the harvest and transport of crops in key areas.

Maize growers in the west were among the hardest hit, with many unable to dry grains ahead of processing. These production losses led to an increase in crop prices, feeding into inflation.

Agriculture is of vital importance in Kenya, meaning that any downturn has a significant impact on the broader economy; the sector employed around 75% of the workforce during the 2015/16 season and accounts for 30% of GDP.

Inflation steadying amid increase in agricultural output

Fluctuations in agricultural activity contributed to an increase in the cost of living, with inflation rising to 11.7% in May 2017.

Tuesday, 16 January 2018

OXFORD BUSINESS GROUP: GHANA - YEAR IN REVIEW 2017

Rising industrial and energy output, along with steady declines in inflation and debt levels, combined to support accelerated growth in Ghana in 2017, and continued fiscal reforms point to a positive outlook for 2018.


The economy gained momentum last year, expanding by 7.8% year-on-year (y-o-y) in the first six months, according to Ghana’s 2018 budget statement, tabled to Parliament in November.

While full-year results for 2017 have not yet been announced, the performance in the first half of the year put the economy firmly on track to hit the government’s year-end growth projection of 7.9%, up from original forecasts of 6.3% and well above 2016’s expansion of 3.7%.

Industry was the best performing sector, growing by an estimated 17.7% on the back of higher-than-expected upstream oil production. The mining and quarrying segment, of which hydrocarbons is a significant contributor, was forecast to record year-end expansion of 52.3%, while power generation was set to rise by 6.7% and construction by 3.7%.

Elsewhere, the services sector, which accounts for 55.9% of economic activity, was expected to post growth of 4.7% in 2017, while agriculture was on track to expand by 4.3%.

Hydrocarbons and services to drive future growth

The upward trend is expected to continue into the coming years. The government predicts GDP will increase by 6.8% in 2018, followed by growth of 7.3% in 2019 and 5.6% in 2020.

While hydrocarbons activity is set to spur short-term expansion, the further development of segments such as ICT and education will drive growth in the medium term, according to government estimates.

WATEJA WA UMOJASWITCH WAIBUKA NA MAMILIONI KUPITIA BAHATI NASIBU

Afisa Masoko wa UmojaSwitch, Beatrice Emmanuel (kushoto) akibonyeza kitufe kuashiria kuchezesha droo ya bahati nasibu ya Shinda na Umoja kwa wateja wake zaidi ya 32,222 waliotumia kadi za UmojaSwitch kati ya tarehe 1-8 Januari mwaka huu ambapo zaidi ya wateja 25 wameibuka washindi katika droo hiyo hafla ya kuchezesha droo hiyo imefanyika katika ofizi zao jijini Dar es Salaam leo. Kulia ni Mkaguzi wa Bodi ya Michezo yakubahatisha Bakari Maggid.
Afisa Masoko wa UmojaSwitch, Beatrice Emmanuel akizungumza na waandishi wa habari katika hafla hiyo.

RAIS DKT. JOHN MAGUFULI APOKEA HATI ZA UTAMBULISHO ZA MABALOZI SITA IKULU DAR ES SALAAM JANUARY 16, 2018


Rais wa Jamhuri ya Muungano wa Tanzania Mhe. Dkt. John Pombe Magufuli leo tarehe 16 Januari, 2018 amepokea hati za utambulisho za Mabalozi 6 walioteuliwa kuziwakilisha nchi zao hapa nchini.

RAIS WA JAMHURI YA MUUNGANO WA TANZANIA DKT. JOHN POMBE MAGUFULI APOKEA HATI ZA UTAMBULISHO WA MABALOZI 6 IKULU JIJINI DAR ES SALAAM JANUARI 16, 2018

Rais wa Jamhuri ya Muungano wa Tanzania Dkt. John Pombe Magufuli akipokea hati ya utambulisho kutoka kwa Balozi Dkt. Sahabu Isah Gada aliyeteuliwa kuwa balozi wa Nigeria nchini. Januari 16, 2018 Ikulu Jijini Dar es Salaam. 
Balozi Mteule Krzysztof Buzalski aliyeteuliwa kuwa Balozi wa Poland nchini, akitia sahihi katika kitabu cha wageni alipowasili Ikulu Jijini Dar es Salaam. Januari 16, 2018. 
Rais wa Jamhuri ya Muungano wa Tanzania Dkt. John Pombe Magufuli akisalimiana na Balozi Ali Davutoglu aliyeteuliwa kuwa balozi wa Uturuki nchini. Januari 16, 2018 Ikulu Jijini Dar es Salaam. 
Rais wa Jamhuri ya Muungano wa Tanzania Dkt. John Pombe Magufuli akizungumza na Balozi Frederic Clavier wa Ufaransa mara baada ya kupokea hati ya utambulisho ya kuwa Balozi wa Ufaransa nchini.  Januari 16, 2018 Ikulu Jijini Dar es Salaam. 
Rais wa Jamhuri ya Muungano wa Tanzania Dkt. John Pombe Magufuli akipokea hati ya utambulisho kutoka kwa Mhe. Noah Gal Gendler aliyeteuliwa kuwa Balozi wa Israel nchini. Januari 16, 2018 Ikulu Jijini Dar es Salaam. 
Rais wa Jamhuri ya Muungano wa Tanzania Dkt. John Pombe Magufuli akisalimiana na Bw. Robert Sirotka Mume wa Balozi Alison Chartres aliyeteuliwa kuwa balozi wa Australia nchini. Januari 16, 2018 Ikulu Jijini Dar es Salaam.
BOFYA HAPA KWA PICHA ZAIDI

STANBIC BANK TANZANIA STEPS UP COMMUNITY AID

Stanbic Bank Tanzania acting head of finance, Godwin Kapella (third right) hands over 10 hospital beds worth 15m/- to Mwananyamala Hospital chief medical officer, Mussa Wambura, being part of the bank’s support to ease the shortage of beds at the hospital in Dar es Salaam recently. 

MCB BANK INTRODUCES 'TUKUTANE JANUARI' ACCOUNT

Mwalimu Commercial Bank (MCB) has introduced a new savings account dubbed ‘Tukutane Januari’ encouraging customers to save for easing the January woes.

The Bank’s Chief Executive Officer (CEO), Mr Ronald Manongi said the new product is aimed at overcoming the challenges that some people face in the month of January like paying school fees and rent.
“So this is quite different from a fixed account. Clients are to deposit whatever one has and at any time. Even 500/- has value to us. Cash release from Tukutane January will be allowed in every January month only,” he said.
It is a free monthly charge account and clients will be benefitting with four per cent annual interest rates.
He was speaking with media practitioners in Dar es Salaam when he went on clarifying that, at the same time, the client is allowed securing up to 30 per cent loan of his/ her investment (in the account).
The CEO urged Tanzanians to build saving culture in order to avoid unnecessary troubles people used to face; especially at year beginnings. He assured the public over smooth MCB services which are backed up by over 30.9bn/- bank capital.

ZANTEL LAUNCHES ‘JERO YAKO TU’ CAMPAIGN TO REWARD ITS CUSTOMERS

Head of Zantel Zanzibar, Mohammed Khamis Mussa (Baucha) (right) speaks during the launch of Zantel’s new campaign dubbed ‘JERO YAKO TU’ in Zanzibar yesterday. The three months campaign seeks to reward Zantel customers with mega prizes upon purchase of airtime from as little as TZS 500 shillings. He is flanked by Zantel Chief Executive Officer, Sherif El-Barbary (centre) and Zantel’s Chief Commercial Officer, Wane Ngambi(left).

Zantel Chief Executive Officer, Sherif El-Barbary tries one of the motorcycles that will be up for grab weekly, in Zantel’s new campaign dubbed ‘JERO YAKO TU’ launched in Zanzibar yesterday. He is flanked by the Head of Zantel Zanzibar, Mohammed Khamis Mussa (Baucha).

Zantel Chief Executive Officer, Sherif El-Barbary checks one of the 4G smartphones that will be up for grab every day in Zantel’s new campaign dubbed ‘JERO YAKO TU’ launched in Zanzibar yesterday. He is flanked by the Head of Zantel Zanzibar, Mohammed Khamis Mussa (Baucha).

Zanzibar. Zantel yesterday unveiled an exciting campaign dubbed ‘JERO YAKO TU’ literally meaning, ‘It is only your 500 shillings’, a promotion which seeks to reward loyal customers with mega prizes upon purchase of airtime from as little as TZS 500 shillings.

The three months campaign is effective from today and will see 235 lucky winners walk away with various prizes from Zantel.  The grand prize for the promotion will include 3 Suzuki Carry trucks to three lucky winners. Weekly prizes include;-1 Motorcycle, 4 bicycles and daily prizes include; - 1 4G smartphone and 50,000/= cash.

According to Zantel, ‘JERO YAKO TU’ campaign comes to reward and appreciate Zantel customers after a successful network modernization and the launch of 4G network across 22 regions in Tanzania.

CLYDE & CO BRIEFING - REGULATORY AND PRACTICAL ASPECTS OF RAISING CORPORATE BONDS IN TANZANIA

ACACIA’S GOLD PRODUCTION BEYOND EXPECTATIONS

Dar es Salaam. Acacia Mining’s gold production in the fourth quarter of last year was beyond expectations, the company has said.

But it was below the production of a similar period in 2016, a statement posted on the company’s website on Monday, January 15, shows.

The company reported a production of 148,477 ounces, “driven by a strong operational performance at Buzwagi. “We successfully transitioned Bulyanhulu into a reduced operational state,” the statement quoted Acacia interim CEO Peter Geleta as saying.

During the same period, Acacia sold 147,636 ounces of gold.

VACANCY ANNOUNCEMENTS - MAENDELEO BANK

95 FOREX SHOPS CLOSE DOWN AS NEW RULES BITE


Dar es Salaam - At least 95 bureau de change operators in Tanzania have closed shop in the last six months after failing to meet new operating licensing requirements.

In June last year, the central Bank of Tanzania (BoT) reviewed the capital and modus operandi for all bureau de change operators in the country – and gave them till December 31, 2017 to reapply for business licences under the new arrangements.

The BoT raised the minimum capital threshold for bureau de change operators from Sh100 million to Sh300 million for Class-A licence, and from Sh250 million to Sh1 billion for a Class-B licence. It also increased the non-interest bearing deposit from $50,000 to $100,000.

The new operational conditions also require that no person is allowed to have interest in more than one bureau – and that, at least two-thirds of the required capital should be in the form of cash.

In addition, bureaux operators are obliged to demonstrate the authenticity of the source of the funds that are to be invested in the bureaux.

STANBIC BANK DONATES ITEMS TO STUDENTS WITH AUTISM AND HEARING IMPAIRMENT

(L-R) Stanbic Bank Executive Director and Head of Corporate and Investment Banking Thomas Bisonga and Head of Marketing and Corporate Affairs - Desideria Mwegelo, handover an audiometer to the Headmaster of Msasani 'A' Primary School, Edward Mollel as part of the bank’s Corporate Social Investment efforts. The audiometer and other items including an otoscope, speech mirror, hearing aids and stationery were also presented during a brief event at the school over the weekend. These items will address the needs of children with hearing impairment and autism. The bank also painted five classrooms and the school library.

(L-R) Stanbic Bank Executive Director and Head of Corporate and Investment Banking Thomas Bisonga and the Head of Marketing and Corporate Affairs - Desideria Mwegelo, handover a speech mirror to the Headmaster of Msasani 'A' Primary School, Edward Mollel as part of the bank’s Corporate Social Investment efforts. The speech mirror and other items including an otoscope, audiometer, hearing aids and stationery were also presented during a brief event at the school over the weekend. These items will address the needs of children with hearing impairment and autism.  The bank also painted five classrooms and the school library.

(L-R) Stanbic Bank Acting Head of Global Markets Eric Chijoriga handing over a story book to one of the students of Msasani 'A' Primary School in Dar es Salaam as part of the bank’s Corporate Social Investment efforts. Looking on is the Headmaster of the school - Edward Mollel. The story books and other items including an otoscope, audiometer, speech mirror, hearing aids and stationery were also presented during a brief event at the school over the weekend. These items will address the needs of children with hearing impairment and autism.  The bank also painted five classrooms and the school library. 

BRELA ANNOUNCEMENT TO THE GENERAL PUBLIC

PRUDENTIAL CAPITAL MARKET UPDATE AS AT 16 JAN. 2018

HOTUBA YA RAIS DKT. JOHN POMBE MAGUFULI ALIPOKUTANA NA RAIS PAUL KAGAME, IKULU JIJINI DSM, 14 JANUARI 2018

DISCOVER THE NEW RENAULT MEGANE SEDAN


Monday, 15 January 2018

TANZANIAN FIRMS FEUD OVER BRAND NAME IN RWANDA


Two rival Tanzanian firms, Bakhresa Group and Azania group of companies, both with interests in Rwanda are involved in a bitter feud over a ‘stolen’ brand name in a case that will pit three of Kigali’s top law firms against each other.

Both Bakhresa and Azania are originally registered in Tanzania from where they have grown to expand to other countries, including Rwanda.

In Tanzania, the two firms are bitter rivals because they’re involved in the grain milling business and produce similar flag flour products; Azam flour by Bakhresa and Azania flour by Mikoani Traders Ltd.

Naturally, both companies wish their brands to have a dominant share of the market hence the rivalry.

Bakhresa, the larger of the two rivals is well established in the region with a wide range of product portfolio produced under the well known brand name of Azam and some of Azam products include Azam wheat flour and Azam beverages.

Azania group of companies meanwhile is owned by Mikoani Traders Ltd but it markets all its brands under one name, Azania, which is partly why Mikoani is little known.

Under Azania group of companies, there are three separately registered companies using the Azania brand name, namely, Azania wheat Flour Ltd, Azania Polybag Ltd and Azania grain bulk Ltd.

VODACOM TANZANIA YAMKABIDHI MUDATHIR YAHAYA TSH MILIONI 1 NA TUZO


Afisa Udhamini na Matukio wa Vodacom Tanzania, Ibrahim Kaude akimpongeza Mudathiri Yahaya kwa kuibuka mchezaji bora wa mwezi Novemba 2017. Anayeshuhudia katikati ni Meneja Fedha wa Bodi ya Ligi, Ibrahim Mwayella. Makabidhiano hayo yamefanyika leo wakati timu yake ya Singida United ikifanya mazoezi Uwanja wa Uhuru, Dar es Salaam kujiandaa na mechi yao ya Alhamisi dhidi ya Simba kwenye Ligi Kuu ya Vodacom (VPL) Tanzania Bara.    
Mudathiri Yahaya akipokea tuzo ya mchezaji bora wa mwezi Novemba 2017 wa Ligi Kuu ya Vodacom (VPL) Tanzania Bara msimu wa 2017/2018 kutoka kwa Afisa Udhamini na Matukio wa Vodacom Tanzania, Ibrahim Kaude. Anayeshuhudia katikati ni Meneja Fedha wa Bodi ya Ligi, Ibrahim Mwayella. Makabidhiano hayo yamefanyika leo wakati timu yake ya Singida United ikifanya mazoezi Uwanja wa Uhuru, Dar es Salaam kujiandaa na mechi yao ya Alhamisi dhidi ya Simba kwenye Ligi Kuu ya Vodacom (VPL) Tanzania Bara.    

Kampuni ya simu za mkononi nchini, Vodacom Tanzania, wadhamini wakuu wa Ligi Kuu ya soka Tanzania Bara wamemkabidhi kiungo wa Singida United ya Singida Tsh milioni 1 na tuzo kwa kuibuka Mchezaji Bora wa Mwezi Novemba 2017 wa Ligi Kuu ya Vodacom (VPL) Tanzania Bara msimu wa 2017/2018. Makabidhiano hayo yamefanywa na Afisa Udhamini na Matukio wa Vodacom Tanzania, Ibrahim Kaude na Meneja Fedha wa Bodi ya Ligi, Ibrahim Mwayella wakati timu hiyo ikifanya mazoezi Uwanja wa Uhuru, Dar es Salaam kujiandaa na mechi yao ya Alhamisi dhidi ya Simba kwenye Ligi Kuu ya Vodacom (VPL) Tanzania Bara.

MWALIMU COMMERCIAL BANK YAZINDUA AKAUNTI YA 'TUKUTANE JANUARI'

Mkurugenzi Mkuu wa Benki ya Mwalimu Commercial Plc, (MCB) Ronald Manongi (wa pili kushoto), akizungumza na waandishi wa habari Dar es Salaam leo wakati wa uzinduzi rasmi ya akaunti mpya ya ‘Tukutane Januari’ yenye lengo la kuhamasisha moyo wa ujiwekea akiba kwa wateja wake na watanzania kwa ujumla. Wengine kutoka kushoto ni, Meneja wa Tawi la Samora, Leticia Ndongole, Mkuu wa Kitengo cha Ukuzaji Biashara na Masoko, Valence Lutegenya na Meneja Mahusiano kwa Wateja, Charles Shadrack. Akaunti hii itakuwa mkombozi kwa wateja kuweza kujiwekea akiba itakayowawezesha kumudu mahitaji muhimu yanayojitokeza mwanzoni mwa mwaka. 
Mkuu wa Kitengo cha Biashara na Masoko wa Mwalimu Commercial Bank Plc (MCB), Valence Luteganya (wa pili kulia), akizungumza na waandishi wa habari Dar es Salaam leo wakati wa uzinduzi rasmi ya akaunti mpya ya ‘Tukutane Januari’ yenye lengo la kuhamasisha moyo wa kujiwekea akiba kwa wateja wake na kwa watanzania kwa ujumla. Wengine kutoka kushoto ni, Meneja wa Tawi la Samora, Leticia Ndongole, Ofisa Mtendaji Mkuu wa MCB, Ronald Manongi, Mkuu wa Kitengo cha Ukuzaji Biashara na Masoko, Valence Lutegenya na Meneja Mahusiano kwa Wateja, Charles Shadrack. Akaunti hii itakuwa mkombozi kwa wateja kuweza kujiwekea akiba itakayowawezesha kumudu mahitaji muhimu yanayojitokeza mwanzoni mwa mwaka.
Baadhi ya waandishi kutoka vyombo mbalimbali vya habari wakirekodi tuki la uzinduzi wa akaunti mpya ya 'Tukutane Januari' ya Benki ya Mwalimu Commercial Plc jijini Dar es Salaam leo.
15 JANUARI 2018, Dar es Salaam – Mwalimu Commercial Bank PLC (MCB) imezindua bidhaa iitwayo Tukutane Januari Akaunti, ikiwa ni moja ya mkakati wake katika kuboresha maisha ya Watanzania kwa ujumla.

Akizungumzia Kuhusu akaunti hii mpya ya akiba ya ‘Tukutane Januari’, Mkurugenzi Mkuu wa MCB, Bwana Ronald Manongi alisema, mteja ataweza kujiwekea akiba kidogo kidogo wakati wowote katika kipindi chote cha hadi kufikia Januari. Akaunti hii ina riba ya kuvutia ambayo mteja wetu atalipwa kila robo ya mwaka.

Vilevile inamuwezesha mteja wetu kupata mkopo wa hadi asilimia 30 ya amana yake katika kipindi cha mwaka husika. Hivyo Mteja atakapoweka akiba zaidi atafaidika zaidi, na atakuwa na uwezo wa kukopa kiasi kikubwa kulingana na akiba ya akaunti yake.

EAST AFRICAN CRUDE OIL PIPELINE FEED UPDATE OVERVIEW, NATIONAL CONTENT DEVELOPMENT WORKSHOP



PRUDENTIAL CAPITAL MARKET UPDATE AS AT 15 JAN. 2018