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Tuesday, 31 July 2018

STANBIC BANK LAUNCHES 'MORE THAN A BANK' CAMPAIGN



Driver of inclusive economic growth in Tanzania

Stanbic Bank Tanzania unveiled its brand campaign dubbed ‘More than a Bank’, distinguishing itself as a financial institution that impacts individuals and business owners by providing the financial tools that empower and help them grow; making a positive and lasting difference in the lives of Tanzanians and society at large.

“The aim of the ‘More than a Bank’ campaign is to bring to the fore our role in moving lives and communities forward. “very often when people think of a bank, they only see the physical transaction of cash. However, they do not relate the transaction to what happens after the client walks away with their cash.” Said Desideria Mwegelo, Stanbic Bank’s Head of Marketing and Communications

“At Stanbic Bank, we think of the before and after, we realise that everything we do, sets something in motion for the client, that our actions have consequences for the client and that’s why it’s important for us to put the client at the centre of everything we do.” She added.

When we partner in bringing power to a community for example, we are indirectly enabling industrialisation, education and all the associated benefits that come with having electricity.

Similarly, through its home loans, individuals are empowered to own homes that provide lasting memories for families.


Friday, 20 July 2018

AIR TANZANIA PICKS FIRM FOR ENGINE MAINTENANCE

In Summary

  • The collective magazine reported that the new contract extends StandardAero’s relationship with Air Tanzania, the company has previously provided engine support for the airline’s Q300 aircraft. 
Dar es Salaam. Air Tanzania has signed an exclusive five-year time-and-material contract with StandardAero to provide maintenance and engineering services for the Pratt & Whitney CanadaPW150A engines.

The collective magazine reported that the new contract extends StandardAero’s relationship with Air Tanzania, the company has previously provided engine support for the airline’s Q300 aircraft.

VACANCY ANNOUNCEMENT AT MWALIMU COMMERCIAL BANK

UCHUMI BANK JOINS AGENCY BANKING BANDWAGON

Uchumi Commercial Bank Limited (UCBL) yesterday introduced agency banking service dubbed UCB-Rafiki.

The UCB-Rafiki meant to provide the rural population in Kilimanjaro with easy accessibility of banking services hence propelling financial inclusion agenda in the country.

The Kilimanjaro Regional Commissioner, Mrs. Anna Mghwira, commended the bank for providing banking services through mobile banking and agents.

“Please keep this expansion spirit up until you become a commercial bank across the country" Ms. Mghwira, who was chief guest, said during the service launching.

The RC urged UCBL customers to honour their loan repayment to enable more to receive the service but also the growth and survival of any bank.

She gave an example of Kilimanjaro Cooperative Bank with unpaid loans amounting to 4.8bn/-, which is enough capital to start a bank.

UCBL Chairman Mr. Wilson Ndesanjo said the banks registered the first profit two years after it was established. The bank was started in 2005.

KAGAME TO HOST LEADERS FROM MOZAMBIQUE, CHINA AND INDIA

Presidents Paul Kagame of Rwanda (left) and Filipe Nyusi of Mozambique inspect the guard of Honour at the Kigali International Airport on July 19, 2017. President Nyusi is in Kigali for a three-day State visit.
President Paul Kagame will in the next five days host three successive state visits, the Presidency has announced.

President Kagame will host leaders from Mozambique, China and India to discuss bilateral investment and mutual partnerships.

“These important events will serve to celebrate and deepen the close ties that exist between Rwanda and these three friendly nations,” the presidency said.

The talks will also focus on African Union issues, which President Kagame chairs.

Mozambique's President Filipe Nyusi on Thursday arrived in Kigali for a three-day State visit.

China’s Xi Jinping will arrive on Sunday and leave on Monday. It will be the first time ever a Chinese leader is visiting Rwanda.

Indian Prime Minister Narendra Modi, also on his first visit to the country, will land on Monday and depart on Tuesday.

TUNISIA BECOMES COMESA'S 20TH MEMBER STATE

Madagascar’s leader and the acting president of the Common Market for Eastern and Southern Africa (Comesa) Hery Rajaonarimampianina signs the documents for the admission of Tunisia as the 20th member of the bloc in Lusaka, Zambia, on July 18, 2018.
Madagascar’s leader and the acting president of the Common Market for Eastern and Southern Africa (Comesa) Hery Rajaonarimampianina has welcomed Tunisia to the regional bloc.

The northern African nation was said to have fully met the admission requirements, and thus officially became the the 20th Comesa member state.

President Rajaonarimampianina and the Tunisian Foreign Affairs minister, Mr Khemaies Jhinaoui, signed the admission documents at the 20th Comesa Summit in Lusaka, Zambia on Wednesday.

“I invite Tunisia to positively contribute to the Comesa’s development, to the tripartite free exchange zone Comesa-EAC-SADC, and the continental free exchange zone under the auspice of the African Union,” stated President Rajaonarimampianina.

The Comesa’s new secretary-general, Ms Chileshe Kapwepwe, took up her role on Wednesday, following the expiry of the term of Mr Sindiso Ngwenya.

BURUNDI BOYCOTTS COMESA SUMMIT IN ZAMBIA

African Heads of State and Government pose for a photo during the Comesa summit in Lusaka, Zambia, on July 18, 2018. Burundian government boycotted the summit calling it "illegal.
The Burundian government has boycotted the 20th summit of the Common Market for Eastern and Southern Africa (Comesa) that kicked off Wednesday in the Zambian capital Lusaka, calling it "illegal", Burundian media reported Wednesday.

The Comesa summit was relocated to Lusaka from Burundian capital Bujumbura without sound reasons, Radio Isanganiro Wednesday quoted Alain Diomede Nzeyimana, deputy-spokesman of the Burundian president, as saying.

"The relocation should have been decided by three presidents of Burundi, Ethiopia and Madagascar, members of the Bureau of the Comesa heads of state summit, but it had not been the case," he said.

Nzeyimana underlined that participants in the two-day summit went to Lusaka for their "personal" interests as the Comesa gets over 50 percent of its funding from the European Union (EU).

The Burundian government has written to the Comesa secretariat, requesting a refund of the money used for preparing to host the summit and compensation, he said.

Burundi will "not acknowledge" conclusions and resolutions from the Lusaka summit, he added.

AIRBUS INKS DEAL TO SELL PASSENGER PLANES TO UGANDA

From left to right; Hadi Akoum, Airbus Vice President Sales Africa and Indian Sub-Ocean Customer Affairs, Airbus Chief Commercial Officer Eric Schulz, Uganda Airlines Chief Executive Officer Ephraim Bagenda and John Kelly, Senior Vice-President Customers, Rolls-Royce Civil Aerospace during the signing of an MoU for two A330-800neo aircraft to Uganda at the 2018 Farnborough Airshow on July 18, 2017.
Airbus said on Wednesday it had signed an agreement to sell two commercial passenger planes to Uganda as part of the country’s plan to revive its national airline which has been defunct for years.

The government of long-ruling President Yoweri Museveni has said restarting the national carrier will help Uganda take a slice of the region’s growing aviation business and also invigorate the service sector of the economy.

Kenya Airways, South Africa Airways and Ethiopian Airlines currently dominate the country’s air travel business.

In a statement on the memorandum of understanding signed at the Farnborough airshow in the UK, Airbus said Uganda would purchase two A330-800neo aircrafts.

An iteration of Airbus’ A330 widebody airliner, the A330-800neo features new wings and Rolls-Royce’s new generation Trent 7000 engines.

Airbus’ chief commercial officer, Eric Schulz said in the statement that the planes would “bring a range of benefits offering unrivalled efficiencies with the most modern cabin. We look forward to see the A330-800neo flying in the colours of Uganda.”

REVIVAL OF NIGERIA, UGANDA AIRLINES UPS PRESSURE ON KENYA AIRWAYS


Nigeria has announced plans to revive its collapsed national carrier on the same day Uganda ordered two Airbus planes, stepping up pressure on Kenya Airways (KQ) whose mainstay is African routes.

Nigeria on Wednesday launched its national carrier dubbed Nigeria Air, which is set to take to the skies in December targeting the West African market.

Uganda Airlines also announced the signing of a memorandum of understanding for two A330-800neo Airbus planes for its long –haul network.

KQ is already facing strong headwinds on its African and Asian routes as the average fare has declined due to competition.

In its annual report for the year ended December 2017, the national carrier stated that more than half the revenue decline was as a result of the drop in average fares on the routes.

“This downward trend in fare is the result of increased competition and overcapacity on “Intra-Africa” and “AfricaAsia” traffic flows. The key competitors that Kenya Airways must contend with on these traffic flows include Ethiopian Airlines, RwandAir, Qatar Airways and Emirates,” said KQ in its financials.

Increased capacity by its competitors has already taken a chunk of the carrier’s revenue. The recent acquisition of planes by Uganda and Tanzania as well as the signing of a partnership between Ethiopian airlines and the Zambian government to revive the national airline for Zambia is only making the skies bumpier for the airline.

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PRUDENTIAL CAPITAL MARKET UPDATE AS AT 20 JULY 2018

PRESIDENT ADESINA IN KENYA TO SUPPORT AFRICA'S INVESTMENT AGENDA


The President of the African Development Bank, Dr Akinwumi Adesina is in Kenya on a state visit from 19-21 July 2018 to participate in high-level activities aimed at strengthening cooperation with the Kenyan Government and attract more private sector funding

While in the country, he will hold talks with President Uhuru Kenyatta, as well as have a bilateral meeting with Deputy President, William Ruto. President Adesina will also meet with Cabinet Secretaries for Agriculture and Irrigation; Transport and Infrastructure, Housing and Urban Development; Energy; Water and Sanitation; Industrialisation and Enterprise Development; Education; and Health

These sectors fall under the Bank’s priority development areas for Africa’s transformation, commonly known as the High 5s. These are Light up and Power Africa; Feed Africa; Integrate Africa; Industrialise Africa; and Improve the Quality of Life for the People of Africa. They are also aligned to the Government of Kenya’s Big Four development agenda, which are Manufacturing; Food security and production; Affordable housing; and universal healthcare.

UBER INTRODUCES RIDER CALL BACK LINE FOR ADDED SAFETY IN TANZANIA


19th July 2018, Dar es Salaam - Uber in Tanzania is pleased to officially announce their latest safety and security improvement; an Incident Response Team (IRT) call-back line. This updated support feature, will provide riders across the region with 24/7 access to discuss safety-related matters with Uber’s Global Incident Response Team (IRT).

Uber is committed to the safety of both driver-partners and riders which is why Uber continuously invests in new ways to improve the app. Riders already have access to a global network of customer support centres to provide 24/7 support for general queries all over the world which can be accessed through the app, now with the IRT call-back line, riders can submit a ticket for a critical safety incident or accident through the app, including their contact number and short description of the event, the rider will then receive a call-back within a couple minutes from Uber’s Global Incident Response Team.

Alfred Msemo, Country Manager for Uber in Tanzania, “We are always looking for ways to improve communication with our community and we are excited to be announcing this call-back line for riders for any safety-related matters they might have.”

Thursday, 19 July 2018

WAZIRI LUKUVI AONGOZA MKUTANO MKUU WA MWAKA WA SHELTER AFRIQUE NCHINI KENYA

Waziri wa Ardhi Nyumba na Mendeleo ya Makazi Mheshimiwa William Vangimembe Lukuvi yuko katika ziara nchini Kenya pamoja na kuendesha mkutano wa Shelter Afrique leo hii. Waziri yuko Jijini Nairobi nchini Kenya kuhudhuria mkutano mkuu wa 37 wa Shelter Afrique. Katika Kikao hicho chenye wanachama kutoka nchi 44 za Afrika, ameambatana na Kaimu Mkurugenzi Mkuu wa Shirika la Nyumba la Taifa (NHC), Felix Maagi, Mkurugenzi wa Nyumba wa Wizara ya Ardhi, Pius Tesha, Ofisa Mtendaji Mkuu wa Kampuni ya Utoaji Mikopo kwa Benki na Taasisi za fedha kwa ajili ya mikopo wa nyumba Tanzania (TMRC), Oscar Mgaya, pamoja na Kaimu Mkurugenzi wa Hazina na Maendeleo ya Biashara wa NHC William Genya.

Kabla ya Mkutano huo ulioanza leo tarehe 19 Julai 2018 katika Hotel ya Windsor jijini Nairobi, Mheshimiwa Waziri Lukuvi alifanya ziara ya kikazi katika Wizara ya Ardhi na Upimaji nchini Kenya jana tarehe 18 Julai, 2018 ambapo pamoja na mambo mengine Waziri alitaka kujua mifumo ya upimaji, ugawaji, umiliki na utawala wa ardhi wa nchini Kenya. Maelezo ya mipango ya serikali ya nchi kuhusu ujenzi wa Nyumba pia yalitolewa.

Waziri wa Ardhi Nyumba na Mendeleo ya Makazi Mheshimiwa William Vangimembe Lukuvi ambaye pia ni Mwenyekiti mwenza wa Mkutano wa 37 wa Makazi Afrika (Shelter Afrique) ulioanza leo jijini Nairobi akizungumza na wanachama wa mkutano huo (hawapo pichani). Mkutano huo ambao una wanachama kutoka nchi 44 za Afrika wanakutana nchini humo ili kujadili changamoto za hali ya makazi kwa watu wa nchi hizo ili kuona namna ya kutatua changamoto hizo kwa kutumia uzoefu wa kila nchi mwanachama.
Mambo mbalimbali yalijadiliwa katika mkutano huo ikiwa ni pamoja na kuondoa changamoto ya Rasilimali Fedha inayozikabili nchi nyingi za wanachama wa Umoja huo na kushindwa kuwapatia wananchi wa Afrika makazi bora na nafuu.

Kwa ujumla changamoto za nchi za kiafrika katika kuwapatia wananchi wa kawaida makazi nafuu zinafanana na kilio kikubwa katika nchi wanachama, ambazo ni kuwepo makazi holela hata baada ya nchi hizo kujikomboa kutoka ukoloni mkongwe.

Tanzania ni nchi mojawapo mwanachama wa Shelter Afrique kati ya nchi 44 za barani Afrika ilijiunga na Shelter Afrique mwaka 2003 na Mkutano wa 32 ambao ulifanyika N’djamena, Chad 2013, uliopitishwa na Azimio Namba GM/ 2013/005 la kuongeza Hisa kwa kila nchi mwanachama kwa lengo la kukuza mtaji wa Kampuni hiyo na kuiwezesha kuweka nguvu zaidi katika masuala ya uendelezaji nyumba barani Afrika.

Ujumbe wa Tanzania kwenye Mkutano wa 37 wa Makazi Afrika (Shelter Afrique) ukifuatilia mkutano huo leo. Wa kwanza kushoto ni Ofisa Mtendaji Mkuu wa Kampuni ya Utoaji Mikopo kwa Benki na Taasisi za Fedha kwa ajili ya mikopo ya nyumba Tanzania (TMRC), Oscar Mgaya, Kaimu Mkurugenzi Mkuu wa Shirika la Nyumba la Taifa (NHC), Felix Maagi, Mkurugenzi wa Nyumba wa Wizara ya Ardhi, Nyumba na Maendeleo ya Makazi, Pius Tesha na Kaimu Mkurugenzi wa Hazina na Maendeleo ya Biashara wa NHC, William Genya.
Ujumbe wa Tanzania kwenye Mkutano wa 37 wa Makazi Afrika (Shelter Afrique) ukifuatilia mkutano huo wa leo. 
Waziri wa Ardhi Nyumba na Mendeleo ya Makazi Mheshimiwa William Vangimembe Lukuvi akijadiliana jambo na Katibu Mkuu wa Wizara ya Ardhi nchini Kenya jana.
Waziri wa Ardhi na Upimaji wa Kenya, Mama Farida Karoney akijadiliana masuala mbalimbali na ujumbe wa Tanzania kwenye makao makuu ya wizara hiyo nchini Kenya. Mheshimiwa Waziri Lukuvi alifanya ziara ya kikazi katika Wizara ya Ardhi na Upimaji nchini Kenya jana tarehe 18 Julai, 2018 ambapo pamoja na mambo mengine Waziri alitaka kujua mifumo ya upimaji, ugawaji, umiliki na utawala wa ardhi wa nchini Kenya.
Waziri wa Ardhi na Upimaji wa Kenya, Mama Farida Karoney akijadiliana jambo na Waziri Lukuvi kwenye makao makuu ya wizara hiyo nchini Kenya.
Waziri wa Ardhi Nyumba na Mendeleo ya Makazi Mheshimiwa William Vangimembe Lukuvi akizungumza kwenye mkutano alipofanya ziara ya kikazi katika Wizara ya Ardhi na Upimaji nchini Kenya jana (18 Julai, 2018) ambapo pamoja na mambo mengine Waziri alitaka kujua mifumo ya upimaji, ugawaji, umiliki na utawala wa ardhi wa nchini Kenya.

BENKI YA BIASHARA YA DCB YATANGAZA UKUAJI WA FAIDA WA ZAIDI YA ASILIMIA 100 KWA NUSU YA MWAKA 2018

Mkuu wa Idara ya Fedha wa Benki ya Biashara ya DCB, Zacharia Kapama (katikati), akizungumza na waandishi wa habari jijini Dar es Salaam jana wakati benki hiyo ikitangaza faida ya shs bilioni 1.0 katika kipindi cha nusu ya kwanza ya Mwaka 2018. Kulia ni Mkuu wa kitengo cha Masoko na Mawasiliano, Rahma-Gemina Ngassa na Mkaguzi Mkuu wa Ndani, Deogratias Thadei.
Dar es Salaam; Julai 19, 2018 - Benki ya biashara ya DCB (DCB Commercial Bank Plc) imetangaza kupata faida ya sh. bilioni 1.0 katika kipindi cha nusu ya kwanza ya mwaka 2018 kilichoishia mwezi Juni, ikiwakilisha ongezeko la asilimia 106 kutoka faida ya kipindi kama hicho kwa mwaka 2017. Utendaji wa benki umeimarika ikilinganishwa na miaka miwili iliyotangulia huku ufanisi katika nyanja zote muhimu ukiongezeka kwa kiwango cha kuridhisha.

Aidha, ongezeko hilo la faida, pia lilipatikana kupitia kuimarika kwa mapato yatokanayo na riba pamoja na yale yasiyotokana na riba na limechagizwa na mkazo wa benki katika amana za gharama nafuu, usimamizi wa mizania wenye ufanisi, ufunguaji wa tawi la Dodoma na vituo vya huduma (service centers), ukuaji wa mfumo wa kibenki wa kidijitali na wa mawakala pamoja na ongezeko la wateja na miamala.

Mafanikio haya, pia yametokana na ukuaji wa mikopo ambapo benki imefanikiwa kuongeza kiwango cha mikopo kwa kiasi kikubwa ukilinganisha na mikopo iliyokuwepo katika mwezi Desemba 2017. Kwa kuongezea, ufanisi wa benki hii umeongezeka hasa katika usimamizi wa matumizi ya riba na yasiyo ya riba, ufanisi wa mizania pamoja na uboreshaji wa huduma za utoaji wa mikopo.

Katika utoaji huduma, benki ya biashara ya DCB imefanikiwa kwa kiasi kikubwa kuongeza idadi ya wateja kufikia 191,133 katika nusu ya pili ya mwaka iliyoishia mwezi Juni 2018 kutoka 188,305 mwezi Desemba mwaka 2017. Ongezeko hili la wateja 2,828, limechangia kuimarisha mapato ya benki kupitia kuongezeka kwa miamala, amana za kudumu na utoaji mikopo.

BIG DAY FOR AFRICAN AIRLINES ON PAPER


Bankelele 

Nairobi writer on Banking, Finance, Technology, and Investments


July 18 was a big day for various African airlines with news affecting travel in different parts of the continent, ahead of the Farnborough Airshow in the UK.

Nigeria announced plans to revive a national airline – Nigeria Air, a new private sector led-airline in which the government would own no more than 5% and would not manage. It is planned to start flights in December with a target of serving 81 destinations. The launch was officiated by the Nigerian Minister of State for Aviation at Farnborough and he said that they were in talks with Boeing and Airbus and also financiers such as Standard Chartered Bank. The new airline was shown in the livery of new Boeing 737 Max and Airbus A330 models.

Just a few days after leaders of Ethiopia and Eritrea announced a cease-fire and made historic visits to each other’s countries, Ethiopian Airlines made it’s first flight since 1998 to Eritrea. On the flight were many families reuniting, and former Prime Minister former Hailemariam Desalegn. The flights will be seven days a week, between Addis and Asmara and Ethiopian, which is expected to be part of some privatization program, was also reported to be planning to invest in a 20% stake in Eritrean Airlines.

A few days ago, Tanzania received its first Boeing 787 Dreamliner, which is expected to carve some routes in East Africa that are controlled by Kenya Airways and Rwanda Airlines.

Also at Farnborough, Uganda Airlines signed an MOU for two A330-800 Neo planes which they would fit in a three class-layout.

DAR ES SALAAM - MOROGORO SGR STRETCH FOR TIMELY COMPLETION

People traveling from Dar es Salaam to Morogoro will have every reason to smile come November 2019, as the company undertaking the 2.7 tri/- Standard Gauge Railway (SGR) project, Yapi Merkez, maintains that it is committed to beat the deadline.

As of June 2018, the construction work for the first phase from Dar es Salaam to Morogoro had reached 16 percent, according to Yapi Merkez Planning Chief, Enis Eryilmaz.

According to him, next month, the contractor will start laying of tracks, a move that will increase confidence in many Tanzanians who are eagerly waiting for an electronic train.

Equally, Tanzania Railway Corporation (TRC), Assistant Project Manager, Engineer Machibwa Masanja insisted on Tuesday that by the end of this month, the construction works are expected to reach 18 percent.

He was speaking when members of a team of the Engineers Registration Board (ERB), led by their Chairman Professor Ninatubu Lema visited the construction sites, to receive a progress report on the implementation of the SGR project.

Almost 15 months since the execution of the project kicked off, already, Tanzanians have so far secured jobs.

According to Mr. Eryilmaz, of all the employees currently executing the project, 90.4 percent are Tanzanians while only 9.6 percent were expatriates.

MABALOZI WANNE WAAGWA JIJINI DAR ES SALAAM

Waziri wa Mambo ya Nje na Ushirikiano wa Afrika Mashariki, Mhe. Dkt. Augustine Mahiga (Mb.) aliyesimama katikakti akiwa katika picha ya pamoja na Waheshimiwa Mabalozi waliomaliza muda wao wa uwakilishi nchiniTanzania. Mabalozi hao, wakwanza kutoka kushoto ni Balozi wa Norway, Mhe. Hanne-Marie Kaarstad, Balozi wa Malawi, Mhe. Hawa Olga Ndilowe, Balozi wa Sweden, Mhe. Katarina Rangnitt na Balozi wa Canada, Mhe. Ian Myles. Mhe. Dkt. Mahiga aliandaa hafla ya kuwaaga Mabalozi hao iliyofanyika jijini Dar Es Salaam tarehe 17 July 2018. Katika hafla hiyo, Dkt. Mahiga aliwashukuru Mababalozi hao kwa niaba ya Serikali zao kwa mchango mkubwa wanaotoa kuboresha sekta mbali mbali hapa nchni zikiwemo za Elimu, Afya, Biashara, Kilimo pamoja na Miundombinu. Aidha, Mabalozi pia walipata nafasi ya kutoa neno la shukrani kwa Wizara pamoja na watumishi wake kwa ujumla kwa kuwapa ushirikiano wa kutosha uliowawezesha kutekeleza majukumu yao kwa ufanisi hapa nchini.
Mabalozi walio maliza muda wa uwakilishi nchini wakigonga glasi na Waziri Mahiga ikiwa ni ishara ya kuwatakia Viongozi wa Nchi zao Afya njema na Baraka tele kwenye kufanikisha gurudumu la maendeleo. 
Dkt. Mahiga akiwa katika picha ya pamoja na Mabalozi waliomaliza muda wa uwakilishi nchini pamoja na Mabalozi ambao bado wanaendelea kuziwakilisha nchi zao.
Bofya hapa kwa picha zaidi

PRUDENTIAL CAPITAL MARKET UPDATE AS AT 19 JULY 2018

BENKI YA STANBIC YAZINDUA KAMPENI YA ‘ZAIDI YA BENKI’

Chachu ya ukuaji wa uchumi jumuishi Tanzania

Benki ya Stanbic Tanzania imezindua kampeni maalumu kwa ajili ya chata yake, yenye kauli mbiu isemayo 'Zaidi ya Benki', ikijitofautisha na taasisi nyinginezo kwa kuwa benki yenye kugusa wateja wake kwa kutoa huduma na bidhaa zenye kuwezesha wateja hao pamoja na watanzania kwa ujumla kufikia malengo yao ya kimaisha.

"Nia na madhumuni ya kampeni hii ya 'Zaidi ya Benki' ni kudhihirisha mchango wetu katika kuboresha maisha ya watu na ya jamii kwa ujumla; mara nyingi watu wanapofikiria benki, huwa wanawaza miamala ya kifedha tu, huku wakisahau kinachojiri baada ya mteja kuondoka na fedha zake," alisema Bi. Desideria Mwegelo, Mkuu wa Masoko na Mawasiliano wa Benki ya Stanbic Tanzania.

"Sisi hapa Stanbic, tuna desturi ya kufikiria yanayotokea kabla na baada ya miamala kufanyika. Tunaamini kwamba kila tunachofanya hata kiwe kidogo vipi, kina athari katika maisha ya mteja wetu kwa namna moja au nyingine, na ndio sababu huwa tunamfikira mteja katika kila tunachokifanya na kuhakikisha tunaongeza matokeo chanya,” aliendelea kusema.

DAR TO HOST MAJOR EXHIBITION ON INVESTMENT

Phimona Limited Chief Executive Officer, Rodgers Mbaga speaks to reporters in Dar es Salaam on Tuesday about the forthcoming Tanzania Investment Promotion Exhibition and Conference (TIPEC) in the city in November.
Dar es Salaam will host a major exhibition on investment promotion which is aimed at linking local and foreign investors with different projects as part of activities of the private sector to promote investment drive.

Phimona Limited, a marketing and communication consulting firm will organize Tanzanian Investment & Conference (TIPEC) in November this year to identify and profile projects for investments.

It will be teaming up with strategic investment promotion stakeholders including Tanzania Standard (Newspapers) Limited (TSN) which publishes Daily News as well as a leading Kiswahili daily newspaper, Habari Leo, TBC, Tanzania National Business Council, EPZA, TANTRADE, TCCIA and National Development Corporation (NDC).

Phimona Limited Chief Executive Officer, Rodgers Mbaga told reporters in Dar es Salaam on Tuesday that they would identify and profile projects for strategic investors because it was an area that has not been covered intensively.

Wednesday, 18 July 2018

MOJASPESHO YATOA MSHINDI WA SHILINGI MILIONI 204

Mshindi Rosemary Onesmo Luhamo (katikati) akikabidhiwa zawadi ya ushinde wake wa milioni 204 kutoka kwa Meneja wa Lucky Games Ltd, Patrick Salamouni, ambayo ni kampuni inayochezesha mchezo wa MojaSpesho pamoja. Kulia ni Meneja wa tawi la benki ya CRDB Azikiwe Premier Fabiola Msula. Kwa kucheza mchezo wa MOJASPESHO kupitia simu yako ya mkononi nenda sehemu ya KULIPIA BILI kwa watumiaji wa AIRTEL MONEY, TIGO PESA, MPESA au HALOPESA, kisha ingiza NAMBA YA KAMPUNI/BIASHARA ya MOJASPESHO ambayo ni 123255 - kisha INGIZA NAMBA ZAKO 3 SPESHO ZA USHINDI’.
Mshindi Rosemary Onesmo Luhamo wa kwanza wa droo ya milioni 204 ya MOJASPESHO, akifurahi baada ya kukabidhiwa pesa za ushindi wake jijini Dar es Salaam. Kwa kucheza mchezo wa MOJASPESHO kupitia simu yako ya mkononi nenda sehemu ya KULIPIA BILI kwa watumiaji wa AIRTEL MONEY, TIGO PESA, MPESA au HALOPESA, kisha ingiza NAMBA YA KAMPUNI/BIASHARA ya MOJASPESHO ambayo ni 123255 - kisha INGIZA NAMBA ZAKO 3 SPESHO ZA USHINDI’.

Mchezo wa bahati nasibu wa Mojaspesho umetoa kwa mara ya kwanza mshindi wa kiasi kikubwa cha pesa cha shilingi Milioni 204 kwa ROSEMARY ONESMO LUHAMO, mfanyabiashara kutoka MPWAPWA DODOMA mwenye umri wa miaka 26.

Akizungumza na waandishi wa habari jana jijini Dar es Salaam wakati wa kukabidhi pesa kwa mshindi, Meneja biashara wa kampuni ya Lucy Games Patrick Salamouni ambayo ndio inachezesha mchezo wa Mojaspesho alisema kuwa ushindi wa Rosemary umekuja baada ya kucheza Mojaspesho zaidi ya mara nyingi sana bila kukata tamaa, na hatimaye kulinganisha namba zake za tatu spesho ambazo zilikuwa 873 siku ya Jackpot ya Jumamosi ya tarehe 14 mwezi Julai 2018.

Huu ni mchezo wa bahati nasibu. Unaweza ukacheza mara moja ukashinda lakini pia unaweza isishinde. Ninachoweza kuwaambia ni kuwa kila mtu anayecheza anayo nafasi ya kuwa mshindi. Naomba Watanzania kuwa huu ni mchezo halali na kila anayeshinda anapata zawadi yake, alisema Salamouni.

MKOMBOZI COMMERCIAL BANK PLC BECOMES 16TH TMRC SHAREHOLDER

FAREWELL FOR OUTGOING CEO & MANAGING DIRECTOR OF BANK OF AFRICA TANZANIA

Bank of Tanzania Governor, Prof. Florens Luoga (centre), poses for a group photo during a farewell event for the outgoing Chief Executive Officer and Managing Director of Bank of Africa Tanzania, Ammishaddai Owusu-Amoah (third right). Others in the picture include Deputy Governor (Financial Stability Deepening), Dr. Bernard Kibesse (second left), Deputy Governor (Economic and Financial Policies), Yamungu Kayandabila (third left), Deputy Governor (Administration), Julian Raphael (right) and TMRC Chief Executive Officer, Oscar Mgaya (first left).


EXPRESSION OF INTEREST FOR PROVISION OF CONSULTANCY SERVICES ON PREPARATION OF TMRC STRATEGIC PLAN

ABSA EYES EXPANSION AFTER BARCLAYS ‘DIVORCE’

Absa Group Limited Chief Executive Maria Ramos.
Over 130,000 interviews in a brand name survey and a 12 billion rand (Sh90bn) ‘divorce’ settlement from the Barclays PLC, the Amalgamated Banks of South Africa (Absa) went live on the Johannesburg Stock Exchange last week with the lender promising to shake the banking landscape.

And immediately following the move the lender, with an eye on a pan-African look, said it will adopt a digital-first strategy in offering its products. It has set its sights on a 12 per cent market share of banking revenues in Africa promising a bruising battle for customers through acquisitions and strategic partnerships.

In an interview with Smart Company, Absa Group Limited Chief Executive Maria Ramos said the group will be banking on the newly launched WhatsApp banking platform to provide an easy way for customers to access services.

“We will create a superior consumer finance franchise, build a leading global payments hub and launch a winning transaction banking platform,” she said.

And to assure its Kenya customers Ms Ramos (right) said: “Yes, the new brand is not currently being rolled out in any country rather than South Africa. However, when it is rolled out in your country, it will not affect functionality and products or services. Existing Barclays platforms, products and services including cards will continue to work in each market as they did before.”

The group says it has until 2020 to finish the roll-out of the new look in countries which include Kenya, Uganda, Ghana, Mozambique, Tanzania, Botswana, Nigeria and Zambia. Absa also has a presence in Seychelles and Mauritius.

TAKE A CLOSER LOOK AT THE $300 MILLION AIRBUS A330NEO - EUROPE'S ANSWER TO THE BOEING 787 DREAMLINER


  • The Airbus A330neo is Europe's rival for the Boeing 787 Dreamliner.
  • The plane is based on the current generation Airbus A330 wide-body airliner.
  • The A330neo has struggled to find customers of late as Airbus has taken just 224 orders since it went on sale in 2014.
  • The Airbus sales campaign continues at the 2018 Farnborough International Airshow
  • The A330-800neo is priced at $259.9 million while the larger A330-900neo costs $296.4 million.
FARNBOROUGH -The Boeing 787 Dreamliner entered service to great fanfare back in 2011. Despite being hampered early in its production life by a series of serious reliability issues, the Dreamliner has since proven itself to be a hot-selling and highly efficient airliner. 
In fact, it has come to dominate the small wide-boy market of late. Naturally, Airbus had to answer its rival. 
Instead of designing a brand new aircraft from the ground up, Airbus decided to use its current generation A330 as the starting point. 
At the 2014 Farnborough International Airshow, Airbus launched the A330neo. Like in the A320neo, "neo" stands for new engine option. 
However, the A330neo is more than an old plane with a new engine. 
To create the neo, Airbus thoroughly updated the A330 airframe, gave it a pair of brand new wings, and state-of-the-art avionics. And yes, there is a pair of fuel-efficient Rolls-Royce engines. 
Airbus is offering the neo in two sizes - the A330-800 and the larger A330-900. 
Thus far, Airbus has struggled to find customers of the A330neo. Through may, the European planemaker has just 224 orders for the plane which has been on sale since 2014. In that same period, Boeing racked up more than 400 orders for Dreamliners.

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CURRENT VACANCIES AT THE AFRICAN DEVELOPMENT BANK


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WAZIRI MAHIGA APOKEA NAKALA ZA HATI ZA UTAMBULISHO KUTOKA KWA BALOZI MTEULE WA KENYA NCHINI

Balozi Mteule wa Kenya nchini Tanzania, Mhe. Dan Kazungu akiwasilisha Nakala za Hati za Utambulisho kwa Waziri wa Mambo ya Nje na Ushirikiano wa Afrika Mashariki Mhe. Dkt. Augustine Mahiga (Mb.). Mara baada ya kuwasilisha nakala hizo Mhe. Mahiga na Balozi Kazungu walipata fursa ya kuzungumza kuhusu kuimarisha ushirikiano kati ya Tanzania na Kenya hususan kwenye sekta za biashara, uchumi na elimu. Tukio hilo lilifanyika kwenye Ofisi Ndogo ya Wizara iliyopo Jijini Dar es Salaam tarehe 16 Julai, 2018.
Dkt. Mahiga akiendelea na mazungumzo na Balozi Mteule wa Kenya haha nchini.

Bofya hapa kwa picha zaidi

PRUDENTIAL CAPITAL MARKET UPDATE AS AT 18 JULY 2018

DAR ES SALAAM STOCK EXCHANGE TURNOVER RISES 135 PC AS IT SNAPS BEARISH TREND

Dar es Salaam Stock Exchange (DSE) total weekly market turnover increased by a whopping 135 per cent week over week (w-o-w) despite a 42 per cent decline in the volume of shares traded.

According to Orbit Securities Weekly Financial Market Report, a turnover of 3.03bn/- was generated from 618,194 shares last week compared to 1.289 billion generated from 1,072,433 shares traded in the previous week.

The stock brokerage firm said TBL dominated the market after moving 93.82 per cent of the total turnover by moving 171,551 shares and generating a total turnover of 2.84bn/-. Tanzania Portland Cement Company (Twiga Cement) also moved 1.94 per cent of the turnover at 58.9m/- after 32,799 shares exchanged hands.

The DSE Plc and CRDB Bank followed after generating a weekly turnover of 56m/- and 49m/- while moving 34,086 shares and 319,102 shares respectively. DSE and CRDB accounted for 1.85 per cent and 1.63 per cent of the total turnover, Orbit said.

DAR ES SALAAM PORT SET TO GAIN ON ZAMBIA, DR CONGO MAJOR ROAD PROJECT

A sketch of the new route from Lubumbashi to Dar es Salaam in the 182km Kasomeno-Kasenga-Chalwe-Mwenda road project.
Tanzania is set to benefit from a new route which will open up SADC trade corridor to capture and channel trade flows from Zambia and DR Congo to Dar es Salaam port.

Zambia and DR Congo begin upgrading of 182km Kasomeno-Kasenga-Chalwe-Mwenda road to dual carriageway through a public-private partnership next year to feed into the Dar es Salaam port currently undergoing major upgrading work to increase its handling capacity from its present 13.8m tonnes of cargo per annum, to 28m tonnes by 2020.

The US$ 475 million road project will offer an alternative and shorter route for cargo traffic from Lubumbashi, the mineral rich provinces in DRC’s Katanga region to the Dar es Salaam port.

The construction work will be undertaken by Groupe European de Development (GED) Africa and will include a 350 metre cable-stayed bridge and two one-stop border posts, in the DRC and Zambia.

According to the GED Chief Executive Officer, Rene Hutton-Mills when completed, the new road will offer an alternative and shorter route for over 600 mineral loaded trucks that travel between Katanga and the Dar es Salaam port.

SOUTHERN AFRICA PARTIES FOR JOINT LEADERSHIP SCHOOL

President John Magufuli (fourth right), Minister of Internal Affairs Communist Party of China, Song Tao (fourth left) and CCM, ANC, SWAPO, ZANU-PF, MPLA and FRELIMO Secretary Generals at a foundation stone laying event for the Mwalimu Julius Nyerere Leadership School at Kibaha in Coast Region on Monday.
Liberation political parties from countries in the Southern Africa believe the envisaged Mwalimu Nyerere Leadership School will cement their unity and cooperation in liberating the African economies.

CCM National Chairman John Magufuli on Monday laid the foundation stone for the 100bn/- facility whose two year construction is set to commence soon in Coast Region’s Kibaha District.

The six political parties believe the institute that will train political leaders from the respective countries will help to eradicate modern exploitation through new colonialism in the continent.

Besides CCM, other parties with their respective countries in brackets are FRELIMO (Mozambique), MPLA (Angola), ZANU PF (Zimbabwe), SWAPO (Namibia) and ANC (South Africa).

They were all represented by their Secretaries General at the event, with diplomats from the countries attending the colourful function as well.

Dr Magufuli said the school will be jointly owned by all six political parties, with the Communist Party of China (CPC) offering financial support, consultancy and running of the school, thanks to its massive experience.

TANZANIA REVENUE AUTHORITY UPS REVENUES, MISSES TARGET

TRA Director for Taxpayers Services and Education, Richard Kayombo.
Despite boosting revenue collections to 15.5tri/- in the 2017/18 fiscal year, Tanzania Revenue Authority (TRA) missed its annual target by almost nine per cent.

The country’s revenue collection agency registered a 7.5 per cent rise in collected revenues, from 14.4tri/- in 2016/17 to 15.5tri/- last year, but missed its 17tri/- target.

TRA Director for Taxpayers Services and Education Richard Kayombo on Monday attributed the revenue surge to improved tax payers’ registration system and massive awareness campaign on the importance of paying tax.

Addressing reporters in Dar es Salaam, Mr Kayombo said tax collection had increased by 7.5 per cent but remained short of the agency’s target to collect 17tri/- by June 30, 2018.

He said last month alone, TRA collected 1.5tri/-, up from 1.4tri/- collected during the corresponding period last year.

“An increase in revenue collection was equally contributed by our strategy to bring all taxpayers close, increasing the number of people who respect their tax obligations as well as simplify tax payment through electronic system, among others,’’ said Mr Kayombo.

RAIS DKT. JOHN POMBE MAGUFULI AFUNGUA MKUTANO KATI YA VYAMA VYA SIASA VYA AFRIKA NA CHAMA CHA KIKOMUNISTI CHA CHINA (CPC) JIJINI DAR ES SALAAM. JULAI 17, 2018


Rais wa Jamhuri ya Muungano ambaye pia ni Mwenyekiti wa Chama cha Mapinduzi (CCM) Dkt. John Pombe Magufuli akihutubia viongozi wa vyama vya Siasa kutoka nchi za mbalimbali za Afrika kabla ya kufungua mkutano kati ya viongozi wa vyama hivyo na Chama cha Kikomunisti cha China (CPC) katika ukumbi wa Serena Hotel jijini Dar es Salaam. 
Mkuu wa Idara ya Mahusiano ya kimataifa na Waziri wa Mahusiano wa Kimataifa wa Chama cha Kikomunisti cha China (CPC) Song Tao akizungumza katika mkutano huo wa viongozi wa vyama vya Siasa kutoka nchi za mbalimbali za Afrika na Chama hicho cha CPC jijini Dar es Salaam.
Washiriki wa Mkutano huo wakifatilia kwa makini hotuba mbalimbali zilizokuwa zikitolewa ukumbini hapo katika Hoteli ya Serena jijini Dar es Salaam.
Bofya hapa kwa picha zaidi

Tuesday, 17 July 2018

TANZANIA ANNOUNCES NEW BREWERY AMID GROWING REGIONAL CONSUMPTION


In late March the Tanzanian President’s Office announced that AB InBev, the main shareholder of Tanzania Breweries (TBL), would start work on the $100m brewery next year. Production is expected to begin in 2020 at the site, which will have the capacity to generate 1m hectolitres of beer per year.

An agreement on the terms of construction was reached during the 11th Tanzania National Business Council – a forum for dialogue between the public and private sectors in Tanzania.

AB InBev already operates breweries in Mbeya, Dar Es Salaam, Mwanza and Arusha, with these expected to reach maximum capacity by 2020, according to a statement made to press in March by Roberto Jarrin, president of AB InBev, East Africa.

African beer market offers growth potential

AB InBev’s new facility comes on the back of strong growth in the beer market in Africa last year, in contrast with the broader global market: consumption grew by 4.5% across the continent but fell by 0.7% in the world’s six largest markets in 2017, according to industry research company Plato Logic.

This rise in African consumption, coupled with declining demand in more mature markets, follows investments from several major players in the beer market across sub-Saharan Africa in recent years.