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Thursday, 20 July 2017

DODOMA TO BECOME SUSTAINABLE CITY BY 2025

DODOMA is set to become the country’s first Sustainable City come 2025 under Sustainable Dodoma Vision 2025. According to reliable sources, a sustainable city, or eco-city (also “ecocity”) is a city designed with consideration of environmental impact.
Under the Dodoma Vision 2025, the regional authorities will ensure residents access safe and affordable housing, and upgrading slum settlements. It also involves investment in public transport, creating green public spaces, and improving urban planning and management in a way that is both participatory and inclusive.
The Deputy Minister of State in President’s Office (Regional Administration and Local Governments) Mr Seleman Jaffo, speaking here recently, said to make Dodoma a Sustainable City the government would adopt the Metro-Hub concept.
“The Metro-Hub concept which links Emerging Small Towns, Satellite and Capital City will help to address urbanisation in Dodoma Metropolitan City,” explained the Deputy Minister at a workshop on Rural-Urban Interface with Focus on Sustainable Urban and Metropolitan Planning for Dodoma Vision 2025.

PRECISION AIR ANNOUNCES START OF SCHEDULED KAHAMA FLIGHTS SEPT 5

In Summary
The airline made the announcement when it made a successful test flight using its ATR42-500 aircraft. The statement quotes the company’s corporate affairs manager, Mr Hillary Mremi, as saying the flights will be on Wednesdays, Fridays and Sundays.

Kahama. Precision Air Services Plc will start flying to Kahama on September 5, the company announced on Monday.

The airline made the announcement when it made a successful test flight using its ATR42-500 aircraft. The statement quotes the company’s corporate affairs manager, Mr Hillary Mremi, as saying the flights will be on Wednesdays, Fridays and Sundays.

CHANGE OF NAME TO NMB BANK PLC


NMB BANK PLC WINS THE BEST BANK TRANSFORMATION IN AFRICA AT EUROMONEY AWARDS

NMB has also won the Best Bank in Tanzania for the 5th year in a row

Dar es Salaam, 17 July 2017 - NMB PLC has been named the Best Bank Transformation in Africa by the leading global financial markets magazine at the Euromoney 2017 Awards for Excellence in London. NMB has also been awarded the Best Bank in Tanzania Award at the same event for 5th year in a row.

Euromoney Awards for Excellence 2017, the most prestigious awards in the global banking industry, welcomed over 600 senior bankers from around the world at the Tower of London last week with NMB named the Best Bank Transformation in Africa and the Best Bank in Tanzania.

Euromoney said. “NMB today is the bank that works, rather than one which exists. Tough decisions around capital, businesses and people have been made. Throughout that process, NMB has continued to deliver strong profits and pay industry-leading dividends to shareholders.”


NMB’s Managing Director, Ineke Bussemaker, said innovative products, technology and investments in digital banking coupled with the widest branch network and ATM’s have contributed to the transformation of the bank making it the best bank for financial inclusion.


BUYERS AND SELLERS TO BENEFIT FROM NMB BANK PLC TRADE FINANCE PRODUCTS


Dar es Salaam, 19 July 2017 - NMB’s initiative to re-emphasize the importance of Trade Finance products is expected to boost local and international trade within the business community in Tanzania.

The bank’s Trade Finance products target both existing and potential customers across all the segments, from MSEs to corporate customers who require trade finance solutions to support their business. Trade Finance is essential for local and international trade. This financial intermediation will help NMB customers manage risks inherent in international transactions, improve their liquidity and enable them to optimally invest to enhance their growth.

Speaking at the Launch, NMB Managing Director, Ineke Bussemaker, said the bank is well placed in the market to support its customers with comprehensive Trade Finance products to support their business. “With the country’s target of industrialization, it is important for NMB as a leading bank to increasingly support the market through Trade Finance. This is the key towards achieving the industrialization target of the country,” said Ms Ineke.

CHANGE OF NAME TO NMB BANK PLC

Dar es Salaam, 19 July 2017 - We are delighted to inform you that today marks an exciting chapter in our journey as we officiate a name that demonstrates progressive banking while still preserving everything that Tanzanians have come to love about the brand over the past 12 years since privatization.

The bank’s new name was revealed at the 17th Annual General Meeting (AGM) held on 3rd June 2017 when the shareholders resolved to change the name of the Bank from ‘National Microfinance Bank Public Limited Company’ to ‘NMB Bank PLC’.

The Bank of Tanzania (BOT) gave approval to the name change and has issued a new banking licence to NMB Bank Plc. BRELA has also issued the bank with a Certificate of Change of Name.

JUMIA TRAVEL LAUNCHES A NEW FEATURE TO SCALE FACEBOOK MESSENGER AS A CS CHANNEL


Africa’s leading online travel agency Jumia Travel has announced the launch of customer service for Messenger with Salesforce (world’s leader in Customer Relationship Management).
Dar es Salaam, Tanzania - 19 th July, 2017 – Facebook Messenger is now fully integrated in Jumia Travel’s system as a powerful channel for Customer Service. The integration of customer service for Messenger in Jumia Travel’s system marks a new dawn for its customer service experience, as it offers a live chat experience on Facebook Messenger. The tool can also be used to instantly request for a hotel room on the platform, where the company’s professional Travel Advisors will offer counsel on the best accommodation options as well as make the booking.

As the first African travel company to use FB Messenger for customer service, Estelle Verdier, Jumia Travel’s COO and Co-Founder says that this is a “show of our great commitment to always bring the latest technology and high quality services to our customers”.

TANZANIA WINS US$21.7 MILLION FROM CLIMATE INVESTMENT FUNDS TO ADVANCE GEOTHERMAL EXPLORATION AND TRANSFORM ITS ENERGY SECTOR

The Climate Investment Funds (CIF) has approved US $21.7 million for the United Republic of Tanzania to finance its Geothermal Energy Development Project. 
The project serves as a significant step in advancing the country’s plans to transform its national economy bolstered by an affordable and baseload sustainable energy technology. It will develop the Ngozi geothermal steam field in southwestern Tanzania and ultimately showcase the technology’s broader potential in the country’s energy transformation. 
The project is funded under the CIF’s Scaling-up Renewable Energy Program (SREP) and will receive US $ 5 million as loan and US$16.73 million in grant resources to be implemented by AfDB. 
Tanzania has made significant economic and social progress over the past 20 years and is today one of Sub-Saharan Africa’s best economic performers. However, the country still wrestles with poverty and an under-developed energy sector, with half of its electricity being generated by fossil-based technologies and half from hydro. 

CURRENT VACANCIES - AFRICAN DEVELOPMENT BANK GROUP


Wednesday, 19 July 2017

NATIONAL HOUSING CORPORATION THROWS ITS WEIGHT BEHIND KAWE SATELLITE CITY DEVELOPMENT

National Housing Corporation Director General, Nehemiah Kyando Mchechu.
The state-owned real estate developer, National Housing Corporation (NHC), is envisioning to develop the proposed $2.2 billion dollars (about 4.9trl/-) Kawe Satellite City into an eventful central business district, initially slated to operate for 20 hours a day.

“At present the existing CBD in downtown Dar es Salaam operates for just eight to ten hours – even though the country’s commercial capital contributes almost 60 per cent to the Gross Domestic Product (GDP) – hence the need to create another vibrant business district to boost the economy.

“Through public-private partnership between NHC and private real estate developers we envisage to fully accomplish this mega project in the next 10 to 15 years,” the Director General of National Housing Corporation (NHC), Mr Nehemiah Mchechu, has stated.

According to Mr Mchechu, the current master plan for the central business district in Dar es Salaam’s inner city does not provide necessities for a modern city with ever increasing population growth.

The envisaged satellite city in Kawe will involve over 500 buildings. “It’s our vision to have a relevant satellite city with provisions for at least the next 50 years,” Mr Mchechu said during a briefing session with local councillors from Kinondoni Municipality who were on a familiarization tour of NHC projects in Dar es Salaam.

TANZANIA NAMED AFRICA’S LEADING SAFARI DESTINATION

In Summary
The website conducted an analysis of more than 2,500 expert and safari-goer reviews and declared Tanzania the best safari country in 2017. “Our analysis included more than 2,500 expert and safari-goer reviews. The reviews were evaluated to find the overall favourite and decide the 2017 winner,” says a report posted on the website.

Dar es Salaam. Tanzania is Africa’s best safari destination, according to SafariBookings.com, the largest online marketplace for African safari tours.

The website conducted an analysis of more than 2,500 expert and safari-goer reviews and declared Tanzania the best safari country in 2017. “Our analysis included more than 2,500 expert and safari-goer reviews. 

The reviews were evaluated to find the overall favourite and decide the 2017 winner,” says a report posted on the website.

The reviews were written by tourists who went on a safari and some of Africa’s leading travel experts.

“In our original analysis in 2013, Tanzania also swept away challenges from other sub-Saharan African nations. It is the second time the country has been awarded our overall winner of the best African country for a safari.”

PRESIDENT JOHN MAGUFULI GIVES FUEL TRADERS 14 DAYS TO INSTALL EFDS

In Summary
He issued the directive in Biaharamulo, when he was inaugurating a project to construct a 154 kilometer Kagoma-Biharamulo-Lusahunga Road.
“It’s better we lack fuel rather than to have traders, who evade taxes…I am giving operators of fuel stations 14 days to install Electronic Fiscal Devices or otherwise they will lose their licenses,” said President Magufuli.

Biharamulo. President John Magufuli has directed all petrol stations across the country to install Electronic Fiscal Devices within fortnights or risk losing their licences.

He issued the directive in Biaharamulo, when he was inaugurating a project to construct a 154 kilometer Kagoma-Biharamulo-Lusahunga Road.

“It’s better we lack fuel rather than to have traders, who evade taxes…I am giving operators of fuel stations 14 days to install Electronic Fiscal Devices or otherwise they will lose their licenses,” said President Magufuli.

Chaos ensued earlier this month after a cross-section of filling stations across the country were closed on directives of the Tanzania Revenue Authority (TRA) for failing to issue EFD receipts.

VODACOM TANZANIA EXTENDS ITS IPO DEADLINE


TANZANIA TELECOMMUNICATIONS COMPANY LIMITED TO PRODUCE PHONES LOCALLY

The Tanzania Telecommunication Company Limited (TTCL) has announced its intention to establish a plant to manufacture telephone and related gadgetry locally. The firm announced its plans at a function to launch its mobile cash services which will trade as TTCL PESA.
The company’s Chief Executive Officer, Waziri Kindamba, broke the news during the TTCL PESA launch at TTCL headquarters in Dar es Salaam yesterday, an event which was attended by Vice-President Samia Suluhu Hassan and other key officials from the Ministry of Works, Transport and Communications and Tanzania Communications Regulatory Authority (TCRA).
Asked by this paper on the investments of the project, the CEO was brief: “It’s 25 per cent of $300m,” which works out to $75m.
Early this year, China’s state owned Datang Telecom International Technology company announced it was giving TTCL some $300m (over 600bn/-) to enable its technological capacity and become a leader in East and Central Africa’s communication industry.

NHC GETS USD55M LOAN FOR DAR PROJECT

Dar es Salaam. In what can be described as a major boost, the National Housing Corporation (NHC) has secured a $55 million loan from PTA Bank, the financial arm of Comesa--to construct a commercial centre and satellite city at Kawe in Dar es Salaam.

This was revealed by the director general of NHC, Mr Nahemia Mchechu, yesterday.

Addressing councillors from Kinondoni Municipality who toured the project site that comprises the premises of defunct Tanganyika Packers, Mr Mchechu said with funds secured, the project is scheduled to be completed by 2020.

Owned by Comesa, the PTA Bank is open to non-Comesa states like Tanzania. “The process of building the centre is geared up as we are going on smoothly with construction.

When the project is completed it is going to be the busiest centre in this city, hosting at least 50,000 people for 20 hours non-stop,” he said.

PRESIDENT JOHN MAGUFULI EMBARKS ON ROAD PROJECT LAUNCH MARATHON

President John Magufuli.
Bukoba - President John Magufuli is scheduled to officially launch construction of nine road projects in Kagera, Kigoma and Singida regions as well as Tabora airport between today and next Tuesday.

In Kagera, Dr Magufuli is expected to launch the 154-kilometre Kigoma-Biharamulo-Lusahunga road project that will cost about 160bn/-. The launching ceremony is planned at Biharamulo Township today.

According to a programme released by Kagera Regional Commissioner’s office here on Monday, President Magufuli will spend two days in the region, with his activities including a public rally in Ngara District on Thursday.

Retired President Jakaya Kikwete laid the foundation stone for the road project in August 2013. Tanzania National Roads Agency (TANROADS) Chief Executive Officer Engineer Patrick Mfugale said the project was delayed due to failure by the initial contractor to timely execute the venture as per contract, leading to his dismissal.

A separate statement by the Permanent Secretary in the Ministry of Works, Transport and Communications, Engineer Joseph Nyamhanga, indicated that President Magufuli will on July 21 lay the foundation stone for construction of 50-kilometre Nyakanazi-Kibondo road in Kigoma region.

CHINA INVESTS 5.6TRI/-, TRAILS INDIA IN INVESTMENT RANKING


Chinese investments to Tanzania have soared in recent years, reaching 2.5 billion US dollars (about 5.6tri/) as of May 2017, ten times the 2011’s 282 million dollars (over 620bn/-).

According to Finance and Planning Minister, Dr Philip Mpango, China is Tanzania’s second major source of investments after India. The minister assured that more investors are coming, especially in the fields of mineral exploration, agriculture, industry and trade.

Speaking at the sixth Economic and Social Research Foundation’s (ESRF) Annual National Conference in Dar es Salaam on Monday, Dr Mpango said estimates show that Chinese companies are executing over 70 per cent of construction projects in the country.

The conference brought together thinkers from Tanzania and China to deliberate on issues related to investments and trade between the two countries to inform on national aspiration of building a significant industrial economy and economic transformation for human development in Tanzania.

NEW BUS RAPID TRANSIT SYSTEM EARNS DAR ES SALAAM 2018 SUSTAINABLE TRANSIT AWARD

The first phase of a new bus-rapid transit system in Dar es Salaam, Tanzania, serves 160,000 passengers a day.
SANTIAGO, Chile — One year after Dar es Salaam became East Africa’s first city to implement a bus-rapid transit system, the Tanzanian capital has been awarded a major transportation prize.
The winner of this year’s Sustainable Transport Award was announced today at a ceremony here during a conference called Mobilize. The award is given annually by the Institute for Transportation & Development Policy, a global non-profit advocacy organization and host of the conference. As the winning city, Dar es Salaam will also host world transportation experts for next year’s Mobilize conference.
Dar es Salaam, a city of five million, is one of the fastest growing cities in the world, a major economic hub in East Africa and a major port city on the Indian Ocean. With support from the World Bank, city officials launched the local bus-rapid transit system, known as DART, in May 2016.
Bus-rapid transit, or BRT, is a form of mass transit that uses buses to move passengers in a fashion similar to metro or light-rail systems. They often feature dedicated lanes so that buses don’t get stuck in traffic, as well as stations where passengers can pay their fare before getting on board.
Dar’s first phase of BRT spans 21 km (13 miles) of trunk route and serves an average of 160,000 passengers per day with a fleet of 140 buses. By the middle of next year, when the first phase becomes fully operational with over 300 buses, the system is projected to carry an estimated 400,000 passengers per day.

JINSI YA KUTUMIA UBER VIZURI - MAELEKEZO YA SAFARI YAKO NYINGINE YA UBER


Dar es Salaam, 6, Julai 2017 - Uber imejitolea kutoa huduma ambayo ni rahisi na nzuri kwa abiria na madereva. Sehemu ya kuunda uzoefu huu rahisi ni kutoa maelekezo kuhusu jinsi madereva na abiria wanapaswa kufanya na kutendeana safarini. Hiyo ndiyo maana Uber imetoa Maelekezo yao yaliyosasishwa ya Jamii, mwongozo huu sio tu wa 'jinsi ya' kwa madereva washiriki wa Uber, bali pia kwa abiria wa Uber.

Hii ndio mara ya kwanza Uber imechapisha sera inayoelezea ni kwa nini abiria wanaweza kupoteza uwezo wao wa kupata Uber. Hii ni muhimu kwa sababu wakati madereva wanatumia Uber wanafanya zaidi ya kuendesha gari tu: wanashiriki gari, nafasi na muda wao na abiria. Na ijapokuwa abiria wengi wanawaonyesha madereva heshima, kwa bahati mbaya sio kila wakati.

Maelekezo yaliyosasishwa ya Jamii ya Uber husaidia kuelezea ni nini Kisichokubalika kwenye safari ya Uber. Nyingi kati ya hizi ni mambo ya kawaida kwa wengi wetu lakini yanapaswa kuzingatiwa - iwe ni kutapika kwenye kiti cha nyuma au kuacha takataka ndani ya gari, orodha iliyo hapa chini ya maelekezo ni moja ambayo kila mtu anayetumia Uber anapaswa kuelewa - madereva na abiria na hata pia wale wanaosafiri pamoja na abiria / marafiki wengine.

Lazima watoto waangaliwe.
Wale walio chini ya umri wa miaka 18 wanaweza kutumia Uber wakisimamiwa na mtu mzima, lakini hawawezi kuwa wenyewe na akaunti ya Uber. Wazazi au walezi wanapaswa kuwa na watoto wao kila wakati.
Kwenda mbele, ikiwa Uber itagundua kwamba mtoto asiyekuwa na mzazi ni mmiliki wa akaunti, akaunti hiyo italemazwa mara moja. Kama Uber itagundua kwamba abiria ana umri wa chini ya miaka 18 lakini mmiliki wa akaunti ni mtu mwingine ambaye amezidisha umri wa miaka 18, Uber itamkumbusha mmiliki wa akaunti hiyo kuhusu sera ya Uber na kulemaza wasifu wake baada ya onyo la pili.

THE BOARD OF DIRECTORS OF THE AFRICAN DEVELOPMENT BANK GROUP APPROVES HISTORIC AGREEMENT WITH EUROPEAN COMMISSION


The Board of Directors of the African Development Bank Group has approved a historic framework agreement known as the Pillar Assessed Grant or Delegation Agreement (PAGODA) between the Bank group and the European Commission (EC). The agreement – which further enhances the Bank Group’s franchise value as the premier development finance institution in Africa – will leverage and catalyze grants for the Bank’s Regional Member Countries (RMCs) via EC blending instruments. This scaled-up cooperation will enable the Bank to focus on the High-5 priority areas from its 10-Year Strategy by supporting both sovereign and non-sovereign operations. 
Highlighting the relevance of the agreement, Bank Group President, Akinwumi Adesina said the EU policy priorities are in line with the Bank’s Ten Year Strategy and High 5 priorities, including the golden threads related to gender, climate resilience and fragility. “What is particularly important is it allows us to push on High 5s in the areas of transport and energy,” he observed. 

FINANCE FIRMS FITTING 'KILL SWITCHES' TO IMMOBILISE CUSTOMERS' CARS IF THEY MISS A PAYMENT


Customers with poor credit ratings are given GPS devices by lenders, which then remotely disable their cars if they miss debt deadlines
Car finance firms are fitting controversial kill switches that immobilise customers' vehicles if they miss payments.

Drivers with poor credit ratings are being offered the GPS devicesby lenders, who can then remotely disable cars if motorists fail to meet debt deadlines.

But some lawyers and finance experts have voiced concerns about the technology, which they warn could leave drivers stranded and raise data-protection issues.

Under typical arrangements, firms specialising in sub-prime lending install "black boxes" behind the dashboard of customers' cars.

When a driver makes their monthly payment, they receive a code to enter into the device by remote control to keep their car running. If they miss a payment they will not receive a code and the car will be immobilised.

CLYDE & CO UPDATER - NEW ENERGY LEGISLATION IN TANZANIA

ESRF YAANDAA MKUTANO KUJADILI BIASHARA NA UWEKAZAJI KATI YA TANZANIA NA CHINA

Waziri wa Fedha na Mipango, Mhe Dkt. Philip Mpango ametaka kuwapo na uratibu wenye maslahi mapana katika biashara na uwekezaji kati ya Tanzania na China. Alisema hayo wakati akifungua mkutano wa 6 wa mwaka wa ESRF unaozungumzia biashara na uwekezaji kati ya Tanzania na China. Alisema mahusiano yaliyopo kati ya Tanzania na China ambayo ni ya kihistoria yasitumike vibaya bali yanahitaji kuratibiwa kiuangalifu kwa maslahi ya pande zote mbili. Aliwataka washiriki wa mkutano huo wa mwaka kujadili kwa makini namna ya kuratibu vizuri vitega uchumi na biashara kwa manufaa ya nchi zote mvili.

Waziri wa Fedha na Mipango, Mhe Dkt. Philip Mpango akisoma hotuba kwa niaba ya Makamu wa Rais Mh. Samia Suluhu Hassan (hayupo pichani) wakati akifungua mkutano wa 6 wa mwaka wa ESRF unaozungumzia biashara na uwekezaji kati ya Tanzania na China uliofanyika jijini Dar es Salaam.

Alielezea kufurahishwa kuwapo na mada mbalimbali zinaozungumzia biashara na uwekezaji kati ya Tanzania na China na kusema mada hizo zitumike vyema kuweka misingi mizuri yenye manufaa kwa pande zote mbili. Aidha aliipongeza ESRF kwa kuona haja ya kuwapo kwa mazungumzo ya aina hiyo na kusema kupitia tafiti mbalimbali taifa hili litaenda mbele katika kujenga uchumi wa viwanda. Mkutano huo unaohusisha washiriki mbalimbali wa ngazi za juu wa biashara na uwekezaji kati ya Tanzania na China umeitwa kama sehemu ya mchango wa ESRF katika ujenzi wa uchumi wa viwanda wa Tanzania. “Sisi serikalini tunaridhishwa na juhudi zinazofanywa na taasisi za kitafiti kama hii zenye lengo la kusaidia juhudi za serikali za kuhudumia watu wake na kuongeza ustawi” alisema Mpango.

Mkurugenzi Mtendaji wa Taasisi ya Tafiti za Kiuchumi na Kijamii (ESRF), Dk. Tausi Kida akitoa neno la ukaribisho kwa washiriki wa mkutano wa 6 wa mwaka wa ESRF unaozungumzia biashara na uwekezaji kati ya Tanzania na China uliofanyika jijini Dar es Salaam.

Mkutano huo ambao unazungumzia mahusiano ya kibiashara na uwekezaji umeelezwa na Mh. Dk Mpango kuwa moja ya mikutano inayotoa fursa za kuangalia uwekezaji wenye tija unaozingatia maslahi mapana ya mataifa husika. Alisema Tanzania na China zina uhusiano mzuri wa kihistoria na hadi sasa na kwamba kinachostahili ni kuoanisha uhusiano huo na kuuweka katika hali bora zaidi za kunufaisha pande zote mbili. Baadhi ya miradi mikubwa ambayo Tanzania imesaidiwa na China ni pamoja na ujenzi wa Reli ya Tanzania na Zambia (TAZARA) na kiwanda cha Urafiki; kuanzishwa kwa shamba la mpunga la Mbarali; kiwanda cha sukari cha Mahonda na mgodi wa mawe wa Kiwira.

Mwenyekiti wa bodi ya ESRF, Philemon Luhanjo akizungumza machache kabla ya kumkaribisha mgeni rasmi kufungua mkutano wa 6 wa mwaka wa ESRF unaozungumzia biashara na uwekezaji kati ya Tanzania na China uliofanyika jijini Dar es Salaam.


Tuesday, 18 July 2017

TIGO YAJIONGEZA ZAIDI UBORESHAJI WA MTANDAO

Ofisa Mkuu wa Ufundi na Mawasiliano wa Tigo,Jerome Albou,akizungumza na wahabari mbalimbali jijini Dar es Salaam juzi,Juu ya Uwekezaji katika ku vya habari kwenye warsha ya uwekezaji katika kuboresha upatikanaji wa mtandao wa Tigo kote nchini.
Kampuni ya simu za mkononi ya Tigo, ambayo ni kinara wa ubunifu wa mitindo ya maisha ya kidijitali nchini, imetangaza mageuzi katika uwekezaji  ili kuboresha upatikanaji wa mtandao ili kuweza kuwapatia huduma bora zaidi wateja wake wa matumizi ya sauti na data.
Akizungumza na wahariri wa vyombo mbalimbali vya Habari nchini, Ofisa Mtendaji Mkuu wa Ufundi na mawasiliano wa Tigo, Jerome Albou,amesema  kampuni  hiyo imewekeza kiasi cha dola za kimarekani millioni 75 kwenye mradi mkubwa wa kuendeleza mtandao huo.
Alisema moja ya malengo yao kimkakati ni kubadilisha uzoefu wa wateja kwa kuwapatia mtandao wenye ufanisi kulingana na viwango vya sekta ya mawasiliano ambapo katika miaka mitatu iliyopita Tigo imeweza kuongeza msingi  wa wateja wake kufikia zaidi ya milioni 10.

COVENANT BANK FOR WOMEN (TANZANIA) LTD. - BEST SOCIAL IMPACT BANK TANZANIA 2017

EXIM BANK TANZANIA VACANCY ANNOUNCEMENT: SENIOR RELATIONSHIP MANAGER - CHINA DESK

APPOINTMENT OF ECOBANK TANZANIA MANAGING DIRECTOR


AIR TANZANIA VACANCIES ANNOUNCEMENT: PILOTS-IN-COMMAND, DASH 8 (10 POSTS)

Monday, 17 July 2017

BOA FACILITATES SH300M GRADER FOR INDIAN OCEAN WALL

In Summary
Speaking at the event, the BOA Deputy Managing Director, Mr Wasia Mushi said Dezo Civil Contractors Limited - which is a client with the bank - had asked for the equipment and the bank agreed on terms that the money will be repaid in installments.

Dar es Salaam. Bank of Africa (BOA) has handed over a Sh300 million grader to city-based construction firm in the endeavor to facilitate the construction of a wall along the Indian Ocean coast. BOA handed over the grader to Dezo Civil Contractors Limited this morning under a lease finance arrangement.

Speaking at the event, the BOA Deputy Managing Director, Mr Wasia Mushi said Dezo Civil Contractors Limited - which is a client with the bank - had asked for the equipment and the bank agreed on terms that the money will be repaid in instalments.

ECOBANK APPOINTS NEW MANAGING DIRECTOR

In Summary
Ms Mohammed becomes the first woman to lead the financial institution. Her appointment was with effect from July 7th, a statement released to the media, earlier today indicates.

Dar es Salaam. Ms Mwanahiba Mohammed has been appointed as the new EcoBank Managing Director.

Ms Mohammed becomes the first woman to lead the financial institution. Her appointment was with effect from July 7th, a statement released to the media, earlier today indicates.

Before the appointment, Ms Mohammed has been working in banks for 19 years, leading various positions. She has leadership experience in strategic management, retail banking, operational Risk management and corporate banking.

With her experience, the bank believes that, she will be beneficial to the Board, customers, shareholders and other stakeholders alike.

She has also previously held various senior positions in other banks, including Azania bank Ltd, Bank of Africa, Standard Chartered Bank and Stanbic Bank. 

AICC SH3.2BN FACILITY SET TO OPEN THIS WEEK

In Summary
“This facility is targeting the major conferences which normally take place alongside with exhibitions,” the managing director Elishilia Kaaya told reporters, saying lack of exhibition facilities had been a drawback.

Arusha. The Arusha International Conference Centre (AICC) will unveil its Sh3.2 billion exhibition hall this week, confident that the centre and Arusha in general would still attract meetings despite the austerity measures taken by the government.

“This facility is targeting the major conferences which normally take place alongside with exhibitions,” the managing director Elishilia Kaaya told reporters, saying lack of exhibition facilities had been a drawback.

EMIRATES EXTENDS DUBAI FREE VISA OFFER FOR TWO MONTH

In Summary
The airline offers a discounted airfare that includes a free visa, a free third piece of luggage of up to 23kg and a special boarding pass called “My Emirates Pass” which allows the traveller to enjoy discounted services and shopping in Dubai.

Dar es Salaam. Emirates has extended its offer to travellers from Tanzania to Dubai for two months to November 30 this year to attract more visitors.

MWAPACHU LEAVES ACACIA MINING AHEAD OF TALKS WITH GOVERNMENT

In Summary

The company announced Mr Mwapachu’s departure in a brief statement posted on its website yesterday. He was the only Tanzanian sitting in the company’s eight-member board of directors.

Dar es Salaam. Former East Africa Community (EAC) secretary-general Juma Mwapachu has left the Acacia Mining board ahead of planned talks with the government over the ban on exports of copper concentrates.

The company announced Mr Mwapachu’s departure in a brief statement posted on its website yesterday. He was the only Tanzanian sitting in the company’s eight-member board of directors.

“Acacia announces that following the expiry of his second three-year term of appointment, Ambassador Mwapachu has decided to retire from the Acacia Board of Directors with effect from July 13, 2017,” the statement said.

The board acknowledged Mr Mwapachu’s “valuable commitment and support” to the company during his tenure and wished him well.

Friday, 14 July 2017

ETIHAD AIRWAYS INCREASES FREQUENCY TO EGYPT AND NIGERIA

Abu Dhabi, UNITED ARAB EMIRATES – Etihad Airways is adding year-round flights between its Abu Dhabi hub and both Cairo and Lagos later this year to cater to growing demand to and from the United Arab Emirates.

A fifth daily scheduled service will be introduced on the Cairo route, effective 1 October 2017, taking frequency to the Egyptian capital up from 28 to 35 flights a week. The new mid-morning departure from Abu Dhabi and return afternoon service out of Cairo will offer local guests in each market additional choice travelling between the two capital cities.

During the upcoming peak travel months, Etihad Airways will cater to demand with additional frequency on the Cairo route before making the fifth daily service permanent in October. The new service will also provide convenient connections in Abu Dhabi to and from key cities in North and South Asia, including Beijing, Hong Kong, Shanghai, Jakarta and Kuala Lumpur.

BARCLAYS BANK LAUNCHES A BONUS SAVINGS ACCOUNT CAMPAIGN

Barclays bank Tanzania Marketing and Communications Manager, Joe Bendera (left) and Liability Product Manager, Innocent Chonya launch the bank's bonus savings account campaign in Dar es Salaam on Wednesday to enable customers to earn a bonus of up to 10% interest on their savings.
Barclays Bank Tanzania Liability Product Manager, Innocent Chonya (centre), and Marketing and Communications Manager, Joe Bendera (on his left) during a media conference to launch the Barclays bonus savings account campaign in Dar es Salaam on Wednesday.
Barclays Bank Tanzania Limited lets you earn up to 10% interest
Dar es Salaam – Tanzanian’s can now earn up to 10% interest when they double their savings with Barclays.

Speaking at the launch, which took place at the bank’s Head Office, Barclays Liability Manager, Innocent Chonya said “After carefully analysing the saving patterns of Tanzanian’s, we found out that many of our customers do not open savings accounts for multiple reasons, one being low interest rates.

Following our research, we decided to develop an offering that will help address our customers concerns. Customers who currently have a Bonus Savings account need to double their existing balances to qualify to earn double the interest that they were originally receiving.

For new customers, they simply need to visit any of our branches, open a bonus savings account, and make a deposit of their choosing and they will qualify to receive double the interest up to 10%”

Barclays Bonus Savings account provides customers the opportunity of earning the highest interest rate in the country for a saving product that is not a fixed deposit product. This savings account allows you to earn a bonus interest payment in addition to the ordinary interest if you do not withdraw more than once within a given quarter.

NIGERIA 'CANNOT BORROW ANYMORE', SAYS FINANCE MINISTER

Nigeria's Finance Minister Kemi Adeosun.
ABUJA (Reuters) - Nigeria must not borrow more to fund its budget and should instead raise money it needs by other means, the country's finance minister said on Tuesday, calling into question planned foreign loans of $2 billion from lenders like the World Bank.

Africa's largest economy is in its first recession in 25 years, and had planned to borrow extensively from overseas to fund a record budget aimed at helping the country spend its way out of its economic doldrums.

But plans for lenders like the World Bank and African Development Bank to loan at least $2 billion to Nigeria have been stalled for over a year as international organizations' frustrations mounted at the country's refusal to impose key fiscal reforms such as allowing its foreign exchange rate to float freely.

AIR ZIMBABWE LAYS OFF HALF ITS WORKFORCE AMID FINANCIAL WOES


Zimbabwe's state-owned airline has laid off 200 workers, roughly half of its staff, with immediate effect.
The job losses are part of a turnaround strategy to bring struggling Air Zimbabwe back to profitability from a $300m (£230m) debt.

Last month the EU banned it from using its airspace, citing safety concerns.

There have been major changes at the national airline since President Robert Mugabe's son-in-law took over as chief operating officer last year.
'Struggling to keep afloat'

"We were overstaffed by a lot and we are also trying to weed out people without the right qualifications," the airline's chairwoman Chipo Dyanda said on Wednesday.

"The retrenchment is meant to give space to the airline so that we can redeploy the money saved back into the company."

An Air Zimbabwe spokesperson told state media that management has also been trimmed from 28 to just 12 and the finance department from 36 to 17.

TRUMP DELAYS DECISION ON LIFTING SANCTIONS AGAINST SUDAN

Sudanese president Omar al-Bashir has declared a unilateral ceasefire in conflict zones, but Khartoum has yet to sign a peace deal with rebels.
US president says more time needed to review easing of trade embargo, amid lack of key personnel to assess policy and calls for new engagement plan
President Donald Trump has extended the deadline on whether to lift US sanctions against Sudan, amid divisions in his administration and a lack of key personnel to assess the decision.

Facing off strong opposition to take immediate action, Trump said more time was needed to review the easing of trade sanctions in January by Barack Obama, who put Khartoum on a six-month review period.

The indecision points in part to an absence of pivotal Africa appointments in US government departments, including the national security council. Trump is yet to assign a special envoy for Sudan and South Sudan.

The temporary relief of sanctions was to become permanent on Wednesday unless the administration acted to stop it. An executive order issued last night extended the deadline by three months.

17.1TRI COLLECTION TARGET ACHIEVABLE, EXPERTS SAY

TRA Commissioner General, Charles Kichere
(left) and TRA Director of Taxpayer Services
and Education, Richard Kayombo (right). 
Taxation pundits remain optimistic that the country is on the right track to collect the projected 17.1tri/- in tax revenues in the 2017/18 fiscal year.

With the 2016/17 tax collection target of 15.1tri/- met by over 95 per cent, the government’s newly outlined measures to widen the tax base will help in attaining this year’s ambitious goal.
Talking to the ‘Daily News’ in Dar es Salaam on Wednesday, a day after the government announced the collection of 14.4tri/- in the previous fiscal year, analysts commended the government especially for its dream of getting rid of donor dependency.
The newly introduced property tax on both surveyed and non-surveyed homes at the rates of between 10,000/- and 50, 000/- is among factors that will strongly contribute to the Tanzania Revenue Authority (TRA)’s achievements.
TRA announced on Tuesday that it had collected 14.4tri/- in the previous year, an increase of 7.6 per cent from the 13.3tri/- collected in the previous year. However, the tax collection agency missed its target of 15.1 tri/- by 700bn/-.
A lecturer with Mzumbe University, Dar es Salaam Campus, Professor Honest Ngowi, said “The collections are not bad although TRA needs to strengthen its efforts to attain this year’s target of 17.1tri/.” The economist argued that there is a challenge to recover the missing 700bn/- gap, remaining hopeful, however, that TRA will do better, with big boost expected from well managed collections from land and houses.
“But, improving the business environment will help the country to enhance the government revenues because traders will not fear to do businesses,” the don advised, commending the appointment of Professor Florens Luoga as TRA Board Chairman.

Thursday, 13 July 2017

ECOBANK, TICTS ZAJIPANGA KURAHISISHA HUDUMA BANDARINI

Dar es Salaam. Benki ya Ecobank imesaini makubaliano na Kampuni ya Kimataifa ya Kuhudumia Shehena za Kontena Bandarini (Ticts) ili kurahisisha ulipiaji wa mizigo kwa watumiaji wa Bandari ya Dar es Salaam. 

Hatua hiyo imeelezwa itaongeza ufanisi na kuwavutia watu wengi zaidi kutumia bandari hiyo kwa kuwa mizigo itatolewa kwa haraka zaidi. 

Akizungumza leo, Julai 11 wakati wa kusaini makubaliano hayo, Kaimu Mkurugenzi wa Ecobank, Raphael Benedict amesema hatua hiyo itapunguza muda wa kupata kibali kwa kuwa hakutakuwa na usumbufu.

Katika huduma hiyo, mteja wa Ticts  anaweza kulipia mizigo au makontena akiwa nje ya nchi kupitia matawi zaidi ya 36 duniani. 

"Tumeangalia ni changamoto zipi zinawapata wateja na kuja na suluhisho la kujenga mfumo ili wateja waweze kufanya malipo yao kwa urahisi zaidi," amesema Benedict.

PwC TANZANIA - NEW PARTNER ADMISSIONS, JULY 2017

QATAR'S WEALTH ENOUGH TO OUTLAST BOYCOTT BY ARAB NEIGHBOURS - CENTRAL BANK


The governor of Qatar's central bank said the emirate has enough money to weather the Saudi-led economic and political blockade.

“This is the credibility of our system, we have enough cash to preserve any kind of shock,” Abdullah Saud Al-Thani told in an interview with CNBC.

The head of the Qatari finance regulator added that it has $40 billion in reserves plus gold, while the Qatar Investment Authority has $300 billion.

“So we don’t believe that there is anything to worry about at this moment. What I can say is that our environment is proof to anybody that we are first of all solid, strong and resilient against any kind of shocks,” said Al-Thani.

The country’s oil and gas long-term contracts weren’t seeing any disruptions, according to the governor.

Al-Thani also said that cash inflows into Qatar are still exceeding the outflows.

NEWSPAPER GROUPS JOIN FORCES TO DEAL WITH FACEBOOK AND GOOGLE




On both sides of the Atlantic, news publishers are starting to think about doing what was once unthinkable: making alliances with former foes and competitors to stop their readers and revenues being subsumed by the twin digital forces of Facebook and Google. 

The News Media Alliance, which represents almost 2,000 publishers in North America, this week called on the US Congress to allow them to negotiate collectively with digital distributors. “It’s a difficult environment for any kind of legislation right now, but we have to try,” said David Chavern, chief executive of the NMA. 

It is unclear if Congress will grant an exemption, which would effectively clear publishers to operate as a cartel. But such is the publishers’ desperation that all options are being considered: print advertising revenues, once the bedrock of the industry, have collapsed, with big titles such as the New York Times and Wall Street Journal hit by revenue declines of more than 20 per cent in 2016. Digital subscription sales have offered some respite, but with digital advertising failing to grow as quickly as print advertising is declining, the industry is nearing a crisis point. 

It is not just revenue that publishers fear they are losing to the digital giants. Many readers now access news and information through social media sites and search engines, meaning publishers no longer have a direct relationship with readers or access to data about their audiences. 

HESLB RECOVERS OVER 216BN/- FROM DEFAULTERS

HESLB Executive Director, Abdul-Raza Badru.
The Higher Education Students Loans Board (HESLB) has collected some 216.99bn/, just above half of the estimated 427.7bn/- in loans yet to be recovered from errant beneficiaries.

Until the end of FY 2016/2017, the HESLB had managed to recover at least 13.7bn/-, from willing beneficiaries, according to Cosmas Mwaisoba, the Board’s Director of Information, Education and Communication.

Mr Mwaisoba said the Board issued loans amounting to over 2.6tril/- to 379,179 eligible students between FY 1994/1995 and 2015/2016. He told a news conference in Dar es Salaam on Tuesday that, during FY 2016/2017, his Board had targeted to recover at least 40% of the loans that had remained outstanding since 1994.

Last December, the Board threatened to publish the names of all loans defaulters, before it later published the names of 142,470 beneficiaries who at that time owed the Board an outstanding 239.3bn/-. To deal decisively with its chronic defaulters, Mr Mwaisoba said, the Board issued a 30-day notice demanding immediate payment, published the names of its chronic defaulters and made contact with their guarantors in efforts to establish their whereabouts.

WHY TANZANIA CIVIL AVIATION AUTHORITY WANTS TO TAKE OVER USE OF DRONES

Securing airspace is the major reason behind a decision by the Tanzania Civil Aviation Authority (TCAA) to ban any unauthorized use of remotely piloted aircraft commonly known as drones.

Explanations from various websites state that proliferation of unmanned aerial vehicles had since become a matter of concern by world governments due to the threats they pose to the aviation industry – and aviation experts now state that a drone could cause a crash if an airplane hit or one was drawn into an engine.

“With drones, whatever security you thought you had is gone,” Kunal Jain, an expert from the drone security company -- Dedrone in San Francisco, United States is quoted as saying and quoted by one of the websites. “While most people don’t yet equate drones with security risks, they pose an array of threats, and reports of drone-related accidents and near-misses are on the rise.

With some one million drones entering the airspace globally each month, the prospect of securing drones is becoming more daunting. “Think of nearly any worst case scenario and you can probably do it with a drone,” Jain adds in his explanations.

Mr Jain explained further that some governments in the world, through their airport authorities, have completely banned the flying of drones near airports. According to Mr Jain, any light to medium weight weapon could probably be attached to a drone, causing catastrophe.

RUSSIANS STILL 'POO-HOO' OVER MKUJU RIVER URANIUM PROJECT

The government has said suspension of the $1.2 billion uranium prospecting at the Mkuju River project under Russian firm Rosatom has nothing to do with newly enacted laws on natural resources rather than on purely economic terms.

In an exclusive interview with the ‘Daily News’ in Dar es Salaam on Tuesday, Commissioner for Minerals Benjamin Mchwampaka revealed that the company’s subsidiary, Mantra, had since written to the government expressing its intention to suspend the project for five years due to falling uranium prices on the global market.

The commissioner said that on December 14, 2016, Mantra submitted the letter to the permanent secretary for the Ministry of Minerals and Energy to express its intention after the prices fell from $65 to $23 per pound of uranium.

“The feasibility study showed that the project would be profitable only if the price remained at $65 per pound … but it then went down globally,” Mchwampaka added.

He explained that upon submission of its request to the ministry last May, the government’s mining advisory board suggested that “the suspension should be agreed on condition that the global Uranium prices go back to $45 per pound” and that Mantra undertakes to maintain its licensed area until it resumes the mining operations.