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Wednesday, 31 January 2018

PRUDENTIAL CAPITAL MARKET UPDATE AS AT 31 JAN. 2018

FASTJET LAUNCHES SIXTH ROUTE IN TANZANIA


Dar es Salaam. The African low-cost airline for everyone, fastjet, yesterday announced the launch of its sixth Tanzanian route that will take it to Kigoma.

The company has henceforth started selling tickets on the Dar es Salaam-Kigoma route, Fastjet said in a statement yesterday.

According to the statement, the new route will initially be operated on Tuesdays, Thursdays and Saturdays with the first flight scheduled to take off on March 1, 2018, with fares going as low as Sh123 000.

Recently, Fastjet’s introduced Embraer E190 aircraft, which will be plying the route.

“Last year, the company invested heavily to replace its fleet in Tanzania as part of its redevelopment plan. Fastjet is now ready to expand and further invest so as to benefit everyone in the country,” says fastjet Tanzania spokesperson Lucy Mbogoro.

HOPE FOR BANKS AT LAST AFTER BAD LOANS DECLINE

NMB Bank Plc Chief Executive Officer, Ineke Bussemaker

In Summary

Financial reports of eight major banks published yesterday generally show a significant fall in NPLs during 2017 compared with 2016.

Dar es Salaam. Nonperforming loans (NPLs) have fallen among large commercial banks amid declining profits as the banking industry looks to emerge from two years of operational challenges.

Financial reports of eight major banks published yesterday generally show a significant fall in NPLs during 2017 compared with 2016.

The banking industry went through a rough patch in the last two years, a situation that was largely blamed on a liquidity squeeze which resulted in reduced lending to the private sector.

With tight liquidity in the economy, borrowers failed to honour their obligations, resulting in high NPL levels.

By the end of December 2016, the NPLs to total gross loans ratio had risen to an average of 9.5 per cent from 6.4 per cent in 2015, much higher than the acceptable threshold of five per cent.

TANZANIA-RWANDA SGR WORKS TO START IN OCTOBER 2018

A construction worker at the Trial section of the Standard Gauge Railway (SGR) at Mtito Wa Ndei, Kenya. The cost of the 521km Isaka-Kigali section is estimated at $2.5 million.
The construction of the Isaka-Kigali standard gauge railway is set to start in October, but Burundi has bowed out of the deal.

Rwanda Infrastructure Minister James Musoni and Tanzania Minister of Communication, Science and Technology Makame Mbarawa launched the project on January 20, in Dar es Salaam.

Tanzania President John Magufuli and Rwanda President Paul Kagame asked for the project to be expedited.

The two heads of state met in mid-January and discussed strategies to speed up the Isaka-Kigali standard gauge railway section.

Investment cost

Rwanda State Minister for Transport Jean Deu Uwihanganye said the investment cost of the 521km Isaka-Kigali section has shot up by $700 million, hitting $2.5 billion due to inflation and depreciation of the Rwanda franc against major currencies.

TANZANIA'S SUGAR MILL KILOMBERO IN PLANS TO CONSTRUCT NEW FACTORY

Kilombero Sugar Company, a subsidiary of Illovo Sugar Africa, is planning to build a new factory as it increases acreage of farms under its operation in Morogoro region, Tanzania.

The company is also targeting to increase sugar production from 126,000 tonnes to 250,000 tonnes per year. The new factory is expected to process 2.5 million tonnes of sugar cane from the current 1.2 million tonnes.

Sugar in Tanzania comes from four companies — Kilombero Sugar (KSC), Mtibwa, Kagera and TPC, a unit of Mauritius sugar producer Alteo. The four produce 320,000 tonnes of sugar per year, leaving an estimated gap of 100,000 tonnes.

According to KSC executive director Guy Williams, the new sugar factory is banking on the company’s investment in sugarcane farming under its special programme to attract outgrowers.

MITSUBISHI MOTORS TO RECALL 51,596 OUTLANDER VEHICLES IN CHINA


BEIJING, Jan. 28 (Xinhua) -- Mitsubishi Motors will recall 51,596 vehicles in China due to a potential safety hazard in the rear parking brake, according to China's top quality regulator.

Mitsubishi Motors Sales (China) Co. Ltd. filed the recall with the General Administration of Quality Supervision, Inspection and Quarantine.

The recall is for imported Outlander vehicles manufactured between Nov. 15, 2012 and Jan. 28, 2016, the administration said in a statement.

Water can get into the brake caliper, causing a shaft to corrode. If that happens, the parking brake may fail to fully engage, causing the vehicle to slide when parked, the statement said.

The recall will start on April 27.

Dealers will check the rear brakes. If shafts are corroded, they will replace the calipers. If not, they will replace the boot that keeps water out.

Tuesday, 30 January 2018

THE 30th ORDINARY SESSION OF THE AFRICAN UNION ASSEMBLY CONCLUDES WITH REMARKABLE DECISIONS ON (3) FLAGSHIP PROJECTS OF AGENDA 2063


The 30th Ordinary Session of the African Union Assembly concludes with remarkable decisions on (3) flagship projects of Agenda 2063

A summary of key decisions

Addis Ababa, Ethiopia, 29 January 2018 - The 30th Ordinary Session of the African Union (AU) Summit holding on the theme: ‘Winning the Fight Against Corruption: A Sustainable Path to Africa’s Transformation’ ended on 29 January 2018, at the AU headquarters in Addis Ababa, Ethiopia, with the adoption of key decisions by the Assembly of Heads of State and Government.

The following is a summary of decisions made by the Assembly. Full decisions will be posted on the AU website www.au.int in due course:

The realisation of a Single African Air Transport Market is vital to the achievement of the long-term vision of an integrated, prosperous and peaceful Africa under the AU Agenda 2063; that it will bring about the enhanced connectivity across the continent leading to sustainable development of the aviation and tourism industry with immense contribution to economic growth, job creation, prosperity and integration of Africa. Its against that backdrop the Assembly adopted the Decision on the Establishment of a Single African Air Transport Market (SAATM). Twenty-three (23) Member States have declared their Solemn Commitment to the immediate implementation of the Yamoussoukro Decision towards establishment of a Single African Air Transport so far.

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PRESIDENT PAUL KAGAME , ELECTED AS NEW CHAIRPERSON OF THE AFRICAN UNION FOR THE YEAR 2018


Addis Ababa 28 January 2018 - The Assembly of Heads of State and Government of the African Union (AU) meeting at their 30th Ordinary Session at the AU Headquarters in Addis Ababa, Ethiopia, elected on 28th January 2018 a new bureau to pilote the activities of the Union for the year 2018.

The newly elected Chair of the African Union is HE. Paul Kagame, President of the Republic of Rwanda. He is taking over from HE. Alpha Conde , President of the Republic of Guinea who has been chairing the Union for the past year 2017.

The other members elected for the AU bureau are as follows:

1st Vice Chair H.E. Mr. Faiz El Saraj, President of the Presidential Council of Libya (North Africa)
2nd Vice Chair H.E Mr. Jacob Zuma, President of the Republic of South Africa
3rd Vice Chair H.E Mr. Denis Sassou Nguesso, President of the Republic of Congo (Central Africa)
4th Vice Chair H.E Mr. Alpha Conde, President of the Republic of Guinee ( Wests Africa)

In his acceptance speech delivered against the backdrop of the theme of the year 2018: “Winning the Fight against Corruption: A Sustainable Path to Africa’s Transformation”, President Paul Kagame said it is a solemn honour, to accept the call to serve as Chairperson of our Union. He expressed his gratitude to the Heads of State for their double trust. First as the leader of the reform process and now as the leader of the African Union.

“I promise to do this with you and do the best job I can. Obviously, I will need your full support” he said , before acknowledging the high experience of his predessesor, saying “President Alpha Condé is a professor, a teacher, and I can safely say that I have learned from him. I have also seen his very big heart for Africa. Congratulations Mr President” . He called on his peers to join him in paying tribute to President Conde’s impeccable service to our organization. “ I have been lucky to work with his predecessor President Idriss Deby, and even luckier, to work with both of them. I want to assure you that I had a lot of wisdom flowing from them”, noted the newly elected Chair of the Union.

PRUDENTIAL CAPITAL MARKET UPDATE AS AT 30 JAN. 2018

SUBMARINE CABLES SET TO LINK EAST AFRICA WITH ASIA, EUROPE


Arusha - Another submarine telecommunications system is set to link the East African region with South Africa, Asia and Europe.

A statement from China’s Huawei Marine, now made available here, reveals that HM was completing a ‘desktop study’ for a new subsea cable system, dubbed the ‘Peace Subsea Cable’ whose first phase is meant to connect South Africa, Kenya, Djibouti, Somalia and Pakistan (Gwadar and Karachi).

Peace is short for ‘Pakistan East Africa Cable Express’ and the system has been designed by Chinese firm, Tropic Science, to provide a new information expressway for interconnection among Asia, Africa and Europe – through existing land and subsea cables The report further explains that Huawei Marine would begin a marine survey on January 15, with the Peace system expected to be ready for service in the fourth quarter of 2019.

The first phase will span some 6,200km and would link Pakistan (Gwadar and Karachi), Djibouti, Somalia and Kenya. The second phase would provide an “extended option” to South Africa and Europe with a total length of about 13,000km, all based on 200G dense wave-division multiplexing technology on a design capacity of 60Tbit/s.

ALICHOKIZUNGUMZA BALOZI MTEULE DKT. WILBROAD SLAA MARA BAADA YA KUKUTANA NA KUFANYA MAZUNGUMZO NA RAIS WA JAMHURI YA MUUNGANO WA TANZANIA MHE. DKT. MAGUFULI IKULU JIJINI DAR ES SALAAM JANUARI 29, 2018

RAIS DKT. JOHN POMBE MAGUFULI AKIZUNGUMZA MARA BAADA YA KUMALIZA MAZUNGUMZO NA BALOZI MTEULE DKT. WILBROAD SLAA IKULU JIJINI DAR ES SALAAM

ICONIC SLAA 'WILLS' TO SERVE UNDER MAGUFULI GOVERNMENT

President John Magufuli in a jovial mood with Ambassador-designate, Dr. Wilbrod Slaa, when the envoy-in-waiting paid a courtesy call at State House in Dar es Salaam yesterday.
Former Secretary General of the opposition Chadema, now Ambassador-Designate, Dr Wilbrod Slaa, has assured President John Magufuli that he is ready and committed to serve in his new position for the interests of the nation.

“I am humbled for the trust you have bestowed upon me with the appointment as an ambassador … I’m ready and willing to fulfill all responsibilities assigned to me,” the former opposition icon told Dr Magufuli after a meeting at State House in Dar es Salaam. In a statement issued by the Directorate of Presidential Communications yesterday, Dr Slaa is quoted to have praised President Magufuli for his visionary and bold leadership in executing development projects for national interest.

The Ambassador-in-waiting cited the projects as the upgrading (construction) of the central railway line to standard- gauge and the ongoing construction of a flyover at the junction of Nyerere Road and Mandela Expressway at Tazara area. Dr Slaa also cited the ongoing erection of an interchange at the busy Ubungo junction; the envisaged Stieglers’ Gorge hydropower plant on the Rufiji River; and the anti-graft fight by the Fifth Phase Government, as issues which have highly impressed him.

“Frankly speaking, I am very delighted that the Fifth Phase government is implementing … step-by-step … all the crucial issues that we had been advocating for during the past 20 years; I was very vocal because there were a number of weaknesses then.

DAR FIRM PURCHASES HIPPO TEETH

Dar es Salaam. Ontour Tanzania Ltd, a hunting company based in Dar es Salaam, yesterday purchased 12,467 pieces of hippo teeth worth Sh30.9 million.

The sale of the 3.5-tonne consignment was done during a public action at the ministry of Tourism and Natural Resources on Monday, January 29.
About 20 licensed companies were at the auction.

Ontour, which is a local company emerged as the winner at the auction after placing an offer of Sh30.9 million.

The auction, which was led by Ms Karerema Kwareh from the Ministry of Finance and Planning said the exercise said the auction was a result of an advertisement, which has been published severally by Tanzania’s prominent newspapers.

NEW PROPOSED INSURANCE PRODUCTS WELCOMED IN THE MARKET

INSURANCE experts have welcomed Tanzania Insurance Regulatory Authority’s (TIRA) plan to extend insurance service scope in the country, saying the move will augment industrialisation drive.
In an interview in Dar es Salaam yesterday, professional insurers nodded to the plan, which was reported by the media recently. The envisaged two new insurance products, bank and takaful insurances, are expected to hit the market soon and the government is currently in the process to effect regulations that will guide the operations of the two products.
The interviewees talked on the importance of the envisioned Takaful, saying if introduced, it will mainly focus on economic growth in support of the government backed industrialisation agenda. Finance and Economic Expert Mohsin Hussein argued that the plan has come at the right time, taking into account the strategic development plan by the government.

Monday, 29 January 2018

ETIHAD AIRWAYS EXPANDS SERVICES TO NIGERIA


Abu Dhabi, United Arab Emirates – Etihad Airways today reaffirmed its commitment to Nigeria with the announcement of two additional weekly flights on the popular Abu Dhabi–Lagos route, taking it to a daily service.

The new Tuesday and Thursday services will start on 1 May 2018. The route will continue to be operated by a two-class Airbus A330, with 22 Business Class seats and 240 in Economy.

Mohammad Al Bulooki, Etihad Airways Executive Vice President Commercial, said: “Nigeria is an important market for Etihad and our home of Abu Dhabi. The airline is committed to offering attractive schedules and choice to our guests travelling between Lagos and the UAE capital as well as convenient connections to destinations including the GCC, India and Asia.

“Since launching the Lagos route in July 2012, Etihad has carried almost 600,000 passengers between our hub at Abu Dhabi International Airport and the commercial heart of Nigeria. It is pleased to be able to support the high demand for our service by soon operating the route on a daily basis.”

VODACOM INVESTORS LOSE SH.350 BILLION

Dar es salaam. Vodacom Tanzania investors lost at least 350 billion from their investments, after the company's market capitalization fell to 1.65 trillion during last week's close from Sh.2.01 trillion in mid-August last year. 

The drop of the company's market capitalization at the Dar es salaam Stock Exchange(DSE) was a result of a fall in the share price to 740 on Friday last week from Sh 850 on Thursday.

NMB CLOSES CHALLENGING YEAR WITH TZS 95BILLION UNAUDITED PROFIT AFTER TAX

Dar es Salaam, January 29, 2018 – NMB Bank Plc. (“NMB”) has recorded a TZS 95billion unaudited Profit after Tax (PAT) for the year ending 31 December 2017.

Amidst the challenging business environment observed in the year, NMB was able to grow its total income by 5% from TZS 614billion in 2016 to TZS 647billion in 2017. The bank’s customer business remained strong; for the 5th time in a row, the bank was named the Best Bank in Tanzania and for the first time, the Best Bank Transformation in Africa by the leading global financial markets magazine Euromoney.

NMB has recorded a PAT of TZS 95billion for the year ending 31 December 2017, down from TZS 154billion reported for the same period in 2016. The decrease is attributed to an increase in credit provisions reflecting setbacks faced by our customers.

A high interest rate environment existed earlier in year. This resulted in an 18% increase of interest expense from TZS 102billion recorded in the same period the previous year to TZS 120billion in 2017. Consequently, net interest income grew by 4% from TZS 449 billion recorded the same period in 2016 to TZS 467billion in 2017.

Year on year, revenue from foreign currency dealings grew by 15% from TZS 15billion in 2016 to TZS 18billion in 2017. Other fees and commissions grew by 11% specifically from an increase in transactions in the various distribution channels; total non-interest revenue (NIR) increased by 9% to TZS 180billion.

In the fourth quarter of 2017, customer deposits rose by 9% to TZS 4.2 trillion from TZS 3.9 trillion as at the end of the third quarter. As a result of the prudent approach the bank adopted in growing its loan book, loans and advances grew slightly from TZS 2,786 billion in the previous quarter, to TZS 2,787 billion in the fourth quarter.

BENKI YA NMB YAFUNGA MWAKA NA FAIDA YA BILIONI 95

Dar es Salaam, Januari 29, 2018 – Benki ya NMB (NMB Bank PLC) imepata faida baada ya kodi ya shilingi Bilioni 95 mwaka 2017.

Kutokana na changamoto za kibiashara zilizojitokeza mwaka 2017, Benki ya NMB iliweza kuongeza pato lililotokana na biashara ya benki kwa asilimia 5 kutoka shilingi bilioni 614 mwaka 2016 mpaka bilioni 647 mwaka 2017, Biashara ya benki iliendelea kuwa imara kipindi hiki. Kwa miaka mitano mfurulizo, benki ilitajwa kama benki bora nchini na kwa mara ya kwanza, ilitajwa kuwa benki bora inayoendelea barani Afrika na taasisi ya kiamataifa ya Euromoney.

Benki ya NMB ilipata faida baada ya kodi ya shilingi Bilioni 95 kwa mwaka 2017 chini ya shilingi Bilioni 154 iliyofikiwa mwaka 2016. Kushuka kwa faida hiyo kunatokana na ongezeko la changamoto za urejeshwaji wa mikopo kutoka kwa Wateja.

Kiwango kikubwa cha riba kilikuwepo mwanzoni mwa mwaka 2017. Hii ilitokana na ongezeko la asilimia 18 ya gharama za riba kutoka shilingi Bilioni 102 ya mwaka 2016 mpaka shilingi bilioni 120 ya mwaka 2017. Wakati huo huo mapato ya riba yaliongezeka kwa asilimia 4 kutoka shilingi Bilioni 449 kwa mwaka 2016 mpaka shilingi bilioni 467 kwa mwaka 2017.

Mapato ya biashara ya fedha za kigeni ilikuwa kwa asilimia 15 kutoka shilingi Bilioni 15 mwaka 2016 mpaka shilingi bilioni 18 mwaka 2017. Ada na kamisheni zilikua kwa asilimia 11 hasa kutokana na kuongezeka kwa miamala kutoka njia mbalimbali za kibenki; Pato lisilokuwa na riba (non-interest revenue) liliongezeka kwa asilimia 9 mpaka shilingi Bilioni 180.

Katika robo ya nne ya mwaka 2017, Amana za wateja nazo ziliongezeka kwa asilimia 9 hadi kufikia kiasi cha shilingi trilioni 4.2 robo ya nne ya 2017. Matokeo haya yaliifanya benki kukuza kitabu cha mikopo na hivyo mikopo ilikua mpaka kufikia shilingi bilioni 2,786 kwa robo ya tatu ya mwaka mpaka kufikia shilingi bilioni 2,787 katika robo ya nne ya mwaka 2017.


DAR TOPS IN INCLUSIVE ECONOMY


The World Economic Forum (WEF) has listed Tanzania top in inclusive economy among African countries in 2018.

Inclusive growth is economic growth that creates opportunity for all segments of the population and distributes the dividends of increased prosperity, both in monetary and non-monetary terms, fairly across society. According to a report released by WEF through its project the ‘Inclusive Development Index (IDI)’, Tanzania has been ranked top in inclusive economy in Africa due to strong implementation of various economic policies, which enabled ‘wananchi’ to participate fully in economic activities.

The Inclusive Development Index (IDI) is an annual assessment of 103 countries’ economic performance that measures how countries perform on eleven dimensions of economic progress, in addition to GDP. It has three pillars; growth and development; inclusion and; intergenerational equity sustainable stewardship of natural and financial resources.

PRUDENTIAL CAPITAL MARKET UPDATE AS AT 29 JAN. 2018

Saturday, 27 January 2018

HALOTEL YAUNGA MKONO JITIHADA ZA KUBORESHA ELIMU TANZANIA

Naibu Mkurugenzi Mkuu wa Kampuni ya Simu za mkononi ya Halotel Pham Dinh Quan (wa tatu kushoto), akikabidhi hundi ya shilingi milioni Hamsini (50,000,000) kwa Mkuu wa Mkoa wa Dar es Salaam Paul Makonda, kwaajili ya kuunga mkono jitihada za serikali ya Mkoa katika kuboresha sekta ya elimu Tanzania, kupitia ujenzi wa ofisi za walimu 402 zilizoko jijini hapa katika hafla fupi iliyofanyika katika shule ya msingi Mapinduzi jijini Dar es Salaam. 
Naibu Mkurugenzi Mkuu wa Kampuni ya Simu za mkononi ya Halotel Pham Dinh Qual, (kushoto), akizungumza na waandishi wa habari pamoja na viongozi mbalimbali wa kamati ya ujenzi wa ofisi 402 za walimu alipokwenda kukabidhi hundi ya shilingi milioni Hamsini (50,000,000) kwa Mkuu wa Mkoa wa Dar es Salaam Paul Makonda, kwaajili ya kuunga mkono jitihada za serikali ya Mkoa katika kuboresha sekta ya elimu Tanzania, kupitia ujenzi wa ofisi za walimu 402 zilizoko jijini hapa katika hafla fupi iliyofanyika katika shule ya msingi Mapinduzi jijini Dar es Salaam. 
Mkuu wa kitengo cha Masoko na Mawasiliano wa Kampuni ya Simu za mkononi ya Halotel Mhina Semwenda, (kushoto), akizungumza na waandishi wa habari pamoja na viongozi mbalimbali wa kamati ya ujenzi wa ofisi 402 za walimu wakati kampuni hiyo ilipo kwenda kukabidhi hundi ya shilingi milioni Hamsini (50,000,000) kwa Mkuu wa Mkoa wa Dar es Salaam Paul Makonda, kwaajili ya kuunga mkono jitihada za serikali ya Mkoa katika kuboresha sekta ya elimu Tanzania.
Dar es Salaam - Katika kuunga mkono jitihada za serikali ya Mkoa wa Dar es Salaam, kampuni ya simu za mkononi ya Halotel imetoa mchango wa fedha taslim Shilingi milioni Hamsini (50,000,000) kwa ofisi ya mkuu wa mkoa wa Dar es salaam ikiwa ni moja ya utekelezaji wa kampuni hiyo katika kuunga mkono jitihada za serikali na ofisi hiyo katika kuboresha sekta ya elimu Tanzania, kupitia ujenzi wa ofisi za walimu kwa shule 402 kati ya hizo shule 295 ni za elimu ya awali/msingi na shule 107 ni za sekondari zilizoko mkoa wa Dar es Salaam.

Akizungumza katika hafla fupi ya kukabidhi hundi ya mchango huo kwa mkuu wa Mkoa wa Dar es Salaam Mheshimiwa Paul Makonda, Mkurugenzi mkuu wa Kampuni ya Halotel, Le Van Dai amesema mchango huo ni sehemu tu ya jitihada kubwa zinazofanywa na kampuni hiyo katika kusaidia na kuinua sekta ya elimu nchini ikiwa pia ni sehemu ya kuunga mkono jitihada zinazofanywa na serikali katika kuboresha maendeleo ya nchi hasa kupitia sekta ya elimu ambayo ni muhimili wa maendeleo ya kila nchi duniani.

Friday, 26 January 2018

VODACOM TANZANIA YAMKABIDHI ZAWADI YA MCHEZAJI BORA ALIYEZAMISHA JAHAZI LA YANGA JIJINI MWANZA

Mshambulizi wa Mbao FC ya Mwanza, Habib Kiyombo amekabidhiwa kitita cha Tsh Milioni 1, Tuzo na King’amuzi kwa kuibuka Mchezaji Bora wa mwezi Desemba wa Ligi Kuu ya Vodacom Tanzania Bara msimu wa 2017/2018. Habib amekabidhiwa zawadi hizo na Afisa Udhamini na Matukio wa Vodacom Tanzania, Ibrahim Kaude na Meneja Fedha wa Bodi ya Ligi, Ibrahim Mwayella.



Habib Kiyombo akikabidhiwa kitita cha Tsh Milioni 1, Tuzo na King’amuzi cha AzamTV kwa kuibuka Mchezaji Bora wa mwezi Desemba wa Ligi Kuu ya Vodacom Tanzania Bara msimu wa 2017/2018. Habib amekabidhiwa zawadi hizo na Afisa Udhamini na Matukio wa Vodacom Tanzania, Ibrahim Kaude na Meneja Fedha wa Bodi ya Ligi, Ibrahim Mwayella.


Thursday, 25 January 2018

SHIRIKA LA NYUMBA LA TAIFA (NHC) LAKABIDHI NYUMBA ZA MAKAZI 63 ZA IYUMBU SATELLITE CENTER KWA UHAMIAJI

Meneja wa Masoko wa Shirika la Nyumba la Taifa, Itandula Gambalagi kwa niaba ya Mkurugenzi Mkuu wa Shirika la Nyumba la Taifa na Kamishna wa Fedha, Ndugu Peter Chogero kwa niaba ya Kamishna Mkuu wa Uhamiaji wakikabidhiana hati ya makabidhiano ya nyumba baada ya kukabidhi nyumba 63 kwa Jeshi la Uhamiaji. 
Picha ya pamoja ya uongozi wa Shirika la Nyumba na Uhamiaji baada ya makabidhiano ya nyumba 63 za makazi katika mradi wa Iyumbu Satellite Center. Shirika la Nyumba la Taifa (NHC) limekabidhi nyumba za makazi zilizojengwa kwenye mradi wa kitovu cha mji wa kisasa wa nyumba za gharama nafuu wa Iyumbu Satellite Centre kwa Idara ya Uhamiaji.
Picha ya pamoja ya uongozi wa Shirika la Nyumba na Uhamiaji baada ya makabidhiano ya nyumba 63 za makazi katika mradi wa Iyumbu Satellite Center. Shirika la Nyumba la Taifa (NHC) limekabidhi nyumba za makazi zilizojengwa kwenye mradi wa kitovu cha mji wa kisasa wa nyumba za gharama nafuu wa Iyumbu Satellite Centre kwa Idara ya Uhamiaji.
Wafanyakazi na uongozi wa Jeshi la Uhamiaji wakiwa wameshika mfano wa ufunguo baada ya makabidhiano ya nyumba 63 za makazi katika mradi wa Iyumbu Satellite Center. Shirika la Nyumba la Taifa (NHC) limekabidhi nyumba za makazi zilizojengwa kwenye mradi wa kitovu cha mji wa kisasa wa nyumba za gharama nafuu wa Iyumbu Satellite Centre kwa Idara ya Uhamiaji. 
Dodoma, 24 Januari 2018 - Shirika la Nyumba la Taifa (NHC) limekabidhi nyumba za makazi zilizojengwa kwenye mradi wa kitovu cha mji wa kisasa wa nyumba za gharama nafuu wa Iyumbu Satellite Centre kwa Idara ya Uhamiaji.

Mradi huu ambao ujenzi wake ulianza Desemba 2016 una ukubwa wa ekari 234 na ni moja ya sehemu ya mji uliopangiliwa kitaalamu kwa kuzingatia sheria na kanuni za mipango miji na utajengwa katika awamu tatu. Nyumba hizi 63 ambazo zimeshakamilika na kuanza kukaliwa zinakabidhiwa leo kwa Idara ya Uhamiaji.

Makabidhiano haya yamefanywa na Meneja Masoko wa Shirika la Nyumba la Taifa, Ndugu Itandula Gambalagi kwa niaba ya Mkurugenzi Mkuu wa NHC na Kamishna wa Fedha, Ndugu Peter Chogero kwa niaba ya Kamishna Mkuu wa Uhamiaji.

Makabidhiano haya yanafanyika baada ya ahadi ya Shirika la Nyumba kwa Mheshimiwa Rais John Pombe Magufuli ya kujenga nyumba makao makuu ya nchi Dodoma.

PRUDENTIAL CAPITAL MARKET UPDATE AS AT 25 JAN. 2018

MWALIMU COMMERCIAL BANK PLC YAZINDUA BIDHAA KWA AJILI YA KUBORESHA MAISHA YA WATANZANIA

Mkuu wa Kitengo cha Huduma za kibenki kwa njia ya Mitandao wa Mwalimu Commercial Bank Plc (MCB), John Mhina (wa pili kushoto), akizungumza na waandishi wa habari Dar es Salaam jana wakati wa uzinduzi rasmi wa huduma ya ‘MCB Salary Advance’ ambayo wateja wanaopitishia mishahara yao katika benki hiyo wataweza kupata mikopo ya hadi nusu ya mishahara yao kuwawezesha kutatua mahitaji yao ya dharura. Wengine kutoka kushoto ni Ofisa Mikopo, Isaya Hagamu, Mkuu wa Kitengo cha Ukuzaji Biashara na Masoko, Valence Luteganya na Meneja Masoko wa benki hiyo, Rahma Ngassa. 
Mkuu wa Kitengo cha Ukuzaji Biashara na Masoko wa Mwalimu Commercial Bank Plc (MCB), Valence Luteganya (wa tatu kushoto), akizungumza na waandishi wa habari Dar es Salaam jana wakati wa uzinduzi rasmi wa huduma ya ‘MCB Salary Advance’ ambayo wateja wanaopitishia mishahara yao katika benki hiyo wataweza kupata mikopo ya hadi nusu ya mishahara yao kuwawezesha kutatua mahitaji yao ya dharura. Wengine kutoka kushoto ni Ofisa Mikopo, Isaya Hagamu, Mkuu wa Kitengo cha Huduma kwa njia ya Mitandao, John Mhina na Meneja Masoko, Rahma Ngassa.
24 JANUARI 2018, Dar es Salaam – Mwalimu Commercial Bank PLC (MCB) imezindua bidhaa iitwayo MCB Salary Advance, ikiwa ni moja ya mkakati wake katika kuboresha maisha ya Watanzania kwa ujumla.

Akizungumzia Kuhusu bidhaa hii mpya ya mkopo wa ‘MCB Salary Advance’, Mkuu wa kitengo cha ukuzaji biashara na masoko, Bwana Valence Luteganya alisema, mteja ataweza kuchukua mkopo huu pale anapouhitaji, Nia ni kuwezesha mteja wetu kuyakabili mahitaji ya dharura yanayojitokeza wakati wowote.

Alisema, bidhaa ya salary advance inayowalenga wateja wafanyakazi wanaopitishia mishahara yao katika Benki ya Mwalimu, “Mkopo huu unariba nafuu na unapatikana kwa urahisi na haraka, Lengo ni kutoa mkopo wa bei nafuu utakao wasaidia wateja wetu  kupunguza ukali wa Maisha”.

Aliongeza “Kupitia huduma ya Salary advance mfanyakazi anayepitisha mshahara MCB, ataweza kupata hadi asilimia 50 ya mshahara wake kwa riba nafuu. Kupata huduma hii mteja anatakiwa kutembelea tawi la benki au kutuma meseji kupitia whatsapp kwa kuandika neno ‘mshahara wangu’ kwenda namba 0629331755.

STANBIC BANK SPONSORS CHINESE BASKETBALL TOURNAMENT IN DAR

Stanbic Bank Tanzania Executive Director and Head of Corporate and Investment Banking, Thomas Bisonga (right) hands over a trophy to CGC team captain, Harry Zhang after his team emerged the first runner up in the seventh edition of Chinese Constructors Association (Tanzania) basketball tournament in Dar es Salaam on Sunday.


Dar es Salaam, Thursday 25th January 2018 - Stanbic Bank Tanzania sponsored the seventh edition of Chinese Constructors Association (Tanzania) basketball tournament, in a move designed to build and maintain relations with clients in the Chinese community.

Speaking shortly after the final match held in Dar es Salaam on Sunday, Stanbic Bank Executive Director and Head of Corporate and Investment Banking, Thomas Bisonga said: “As a strategic trade partner for the Chinese businesses in Tanzania and across the African continent, we decided to sponsor the week-long tournament in a move to create more avenues for the bank and its clients from the Chinese community to meet, network and establish sustainable relationships.”

Bisonga said Stanbic Bank aims at creating a long-term relationship with the Chinese community that goes beyond banking.

He affirmed that Stanbic Bank has been a part of the Chinese Community through its long-standing relationship with the world’s biggest lender, Industrial and Commercial Bank of China (ICBC) that spans a decade.

MAKONDA: "SIWATAKI WAUZA MAGARI MJINI, NAWAPA MIEZI 9"

KENYA'S NAKUMATT SUPERMARKETS GOES INTO ADMINISTRATION


NAIROBI (Reuters) - A Kenyan court on Monday granted Nakumatt Supermarkets protection from its creditors, allowing what was once Kenya’s biggest retailer to go into voluntary administration.

Nakumatt, which expanded from a mattress shop in a rural town to have branches across Kenya and East Africa, was forced to shut more than a dozen outlets last year as it struggled to repay its suppliers, landlords and other creditors.

The High Court said in its ruling that it approved Nakumatt’s application to appoint Peter Kahi as an administrator. It said he would take up his role soon.

Kahi, who works with a Nairobi consultancy, had experience turning around distressed businesses, Nakumatt said.

He is expected to manage the settling of debts estimated at more than $300 million and would try to revive the business in a slimmed down version with about 20 branches, down from 62 at its peak. When it sought protection in October, the firm had 4,000 staff, but it has closed several outlets since then.

PRESIDENT JOHN MAGUFULI DISMISSES BUTIAMA DED OVER INEPTITUDE


President John Magufuli on Tuesday dismissed Butiama District Executive Director (DED) Solomon Ngiliue over failure to discharge his duties in his district.

The Minister of State in the President’s Office, Regional Administration and Local Government (RALG), Mr Selemani Jafo, said in a statement that Ngiliue’s sacking follows a recent working tour of the district by the Prime Minister Kassim Majaliwa.

During the tour, the premier found out that some officials in various district councils were irresponsible. Mr Jafo directed the Permanent Secretary in his docket to equally take appropriate measures against an accountant who was involved in the misappropriation of the government funds in the district.

“I want all officials under RALG to observe professionalism and public service code of conduct through proper utilisation of public resources for the benefit of the nation and its people,’’ he charged.

CLYDE & CO FINANCE BRIEF NOTE - IMPACT OF THE NEW MINING LOCAL CONTENT REGULATIONS ON BANKING OPERATIONS

Wednesday, 24 January 2018

CURRENT VACANCIES AT THE AFRICAN DEVELOPMENT BANK


TIMU MAALUM YA ADB YATEMBELEA TANZANIA

Katibu Mkuu Wizara ya Mambo ya Nje na Ushirikiano wa Afrika Mashariki Prof. Aldof Mkenda (kulia) akiwa katika mazungumzo na Bw. Alieu Jeng, Mjumbe wa timu kutoka Benki ya Maendeleo ya Afrika (African Development Bank - ADB), walipomtembelea Wizarani tarehe 22 Januari, 2018. Timu hiyo yenye jumla ya wajumbe watatu ambao watakuwa nchini kwa lengo la kujadiliana na Serikali kuhusu maeneo ya vipaombele ambayo wanaweza kusaidia kupitia bajeti yao ya 2018/2019. Wakiwa nchini watakutana na Wizara na Taasisi mbalimbali za Serikali. Kwa mujibu wa wajumbe hao, bajeti hii itazingatia zaidi kusaidia Serikali kupitia maeneo ya vipaombele yaliyoanishwa ili kuwezesha sekta binafsi kuweza kuchochea uchumi wa nchi kupitia biashara na uwekezaji katika maeneo mbalimbali. Wajumbe hao waliwasili tarehe 14 Januari, 2018 na wanatarajiwa kuondoka tarehe 27 Januari, 2018. 
Katibu Mkuu Wizara ya Mambo ya Nje na Ushirikiano wa Afrika Mashariki Prof. Aldof Mkenda (kulia), akiendelea na mazungumzo na wajumbe wa timu kutoka ADB ambao ni Bw. Alieu Jeng (Kushoto), Bw. Francois Nkulikiyimfura anayefuata na mwisho kushoto ni Bi. Eline Okuozeto. 
Katibu Mkuu, timu ya ADB na wataalam kutoka Wizarani wakiwa katika picha ya pamoja baada ya mazungumzo.

MKOMBOZI COMMERCIAL BANK PLC GETS NEW MANAGING DIRECTOR


PRUDENTIAL CAPITAL MARKET UPDATE AS AT 24 JAN. 2018

ETIHAD AIRWAYS RECORDS SUCCESSFUL YEAR FOR FLIGHT OPERATION PUNCTUALITY AT HUB AND ACROSS NETWORK

Abu Dhabi, United Arab Emirates – Etihad Airways, the national airline of the UAE, has posted its best operational on-time performance (OTP) results since 2009.

OTP is calculated on actual flight arrival and departure times within 15 minutes of the published schedule and takes into consideration a variety of external factors including weather disruption and airspace congestion.

Tuesday, 23 January 2018

DK. ALI MOHAMED SHEIN AZUNGUMZA NA MTUKUFU SHEIKH MOHAMMED BIN ZAYED AL NAHYAN, MRITHI WA MTAWALA WA ABU DHABI

Rais wa Zanzibar na Mwenyekiti wa Baraza la Mapinduzi Dk. Ali Mohamed Shein, akizungumza na Mtukufu Sheikh Mohammed bin Zayed Al Nahyan, Mrithi wa Mtawala wa Abu Dhabi na Naibu Amiri Jeshi Mkuu wa Vikosi vya Ulinzi vya (UAE) wakiwa katika ukumbi wa makadhi ya Kiongozi huyo Nchini Abu Dhabi. 
Rais wa Zanzibar na Mwenyekiti wa Baraza la Mapinduzi Dk. Ali Mohamed Shein, akizungumza na Mtukufu Sheikh Mohammed bin Zayed Al Nahyan, Mrithi wa Mtawala wa Abu Dhabi na Naibu Amiri Jeshi Mkuu wa Vikosi vya Ulinzi vya (UAE) wakiwa katika ukumbi wa makadhi ya Kiongozi huyo Nchini Abu Dhabi. Kushoto ni Balozi wa Tanzania Umoja wa Nchi za Falme za Kiarabu (UAE) Mbarouk Nossor Mbarouk. 
Mtukufu Sheikh Mohammed bin Zayed Al Nahyan, Mrithi wa Mtawala wa Abu Dhabi na Naibu Amiri Jeshi Mkuu wa Vikosi vya Ulinzi vya (UAE) akimtambulisha Mtoto Aaliyah Al Mansoori kwa Rais wa Zanzibar na Mwenyekiti wa Baraza la Mapinduzi Dk. Ali Mohamed Shein, wakati wakitoka katika ukumbi wa mkutano baada ya kumaliza mazungumzo yao. 
Rais wa Zanzibar na Mwenyekiti wa Baraza la Mapinduzi Dk. Ali Mohamed Shein, akiongozana na mwenyeji wake, Mtukufu Sheikh Mohammed bin Zayed Al Nahyan, Mrithi wa Mtawala wa Abu Dhabi na Naibu Amiri Jeshi Mkuu wa Vikosi vya Ulinzi vya (UAE), baada ya mazungumzo yao katika ukumbi wa makadhi ya Kiongozi huyo Nchini Abu Dhabi.
Viongozi wa Ngazi za juu wa Serikali ya Abu Dhabi wakihudhuria hafla hiyo katika ukumbi wa makaazi wa Mfalme wakati wa mkutano huo. 
Rais wa Zanzibar na Mwenyekiti wa Baraza la Mapinduzi Dk. Ali Mohamed Shein, akiwa na Mtukufu Sheikh Mohammed bin Zayed Al Nahyan, Mrithi wa Mtawala wa Abu Dhabi na Naibu Amiri Jeshi Mkuu wa Vikosi vya Ulinzi vya (UAE) wakitoka katika Jumba la Kiongozi huyo baada ya kumaliza mazungumzo yao.
BOFYA HAPA KWA PICHA ZAIDI

RAIS WA JAMHURI YA MUUNGANO WA TANZANIA MHE. DKT. JOHN POMBE MAGUFULI APOKEA HATI ZA UTAMBULISHO KUTOKA KWA MABALOZI SITA WA NCHI MBALIMBALI IKULU JIJINI DAR ES SALAAM. JANUARI 22, 2018

Rais wa Jamhuri ya Muungano wa Tanzania Mheshimiwa Dkt. John Pombe Magufuli akimshukuru Balozi wa Ugiriki hapa nchini Konstantinos Moatsos mara baada ya kupokea Hati zake za Utambulisho Ikulu jijini Dar es Salaam. Januari 22, 2018. 
Rais wa Jamhuri ya Muungano wa Tanzania Mheshimiwa Dkt. John Pombe Magufuli akimshukuru Balozi wa Mali hapa nchini Fafre Camara mara baada ya kupokea Hati zake za Utambulisho Ikulu jijini Dar es Salaam. Januari 22, 2018. 
Rais wa Jamhuri ya Muungano wa Tanzania Mheshimiwa Dkt. John Pombe Magufuli akiagana na Balozi wa Ethiopia hapa nchini Dina Mufti Said Ikulu jijini Dar es Salaam. Januari 22, 2018. 
Rais wa Jamhuri ya Muungano wa Tanzania Mheshimiwa Dkt. John Pombe Magufuli akiagana na Balozi wa Colombia hapa nchini Elizabeth Taylor mara baada ya mazungumzo Ikulu jijini Dar es Salaam. Januari 22, 2018. 
Rais wa Jamhuri ya Muungano wa Tanzania Mheshimiwa Dkt. John Pombe Magufuli akiagana na Balozi wa Argentina hapa nchini Martin Gomez Bustillo Ikulu jijini Dar es Salaam. Januari 22, 2018. 
Rais wa Jamhuri ya Muungano wa Tanzania Mheshimiwa Dkt. John Pombe Magufuli akipokea Hati za Utambulisho kutoka kwa Balozi wa Ufilipino hapa nchini Uriel Norman Garibay Ikulu jijini Dar es Salaam. Januari 22, 2018.

BOFYA HAPA KWA PICHA ZAIDI