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Friday, 29 March 2019

PRESIDENT JOHN MAGUFULI TO PCCB: BE TOUGHER


President John Magufuli has directed the Prevention and Combating of Corruption Bureau (PCCB) to step up the fight against corruption, pointing out that if the menace is left unattended, it will gravely affect the country's economic growth.

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TANZANIA ENVOY TO CUBA GETS A BIG TEST

President John Magufuli swears in Tanzania's new Ambassador to Cuba, Valentino Mlowola at State House in Dar es Salaam yesterday.
President John Magufuli has directed Tanzania's new ambassador to Cuba, Valentino Mlowola, to spearhead investments in agriculture, health and education upon reporting to his new work station.

"We anticipate that your representation as the first Ambassador to Cuba will benefit the country from the longstanding relationship.

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THE TANZANIA INSTITUTE OF BANKERS; PROFESSIONAL QUALIFICATION IN BANKING FEB - APRIL 2019 REVIEW SESSION

The Tanzania Institute of Bankers, founder member of the East African Institutes of Bankers and the Alliance of African Institutes of Bankers HEREBY NOTIFIES all Bankers and Non-Bankers that the February - April 2019 Review Classes for Professional Banking Examinations are currently in progress.The courses offered are for two programmes:
  • Banking Certificate 
  • Certified Professional Banking (CPB)
Enrolment for review classes is open to both bankers and non-bankers and the examinations will be held from 6 – 15 May 2019. Register yourself now and build your career as a professional banker. Deadline for registration for the May 2019 examinations is 30th March 2019.

Note that it is mandatory to use TIOB study material in the form of workbooks or TIOB e-learning management system to prepare for TIOB examinations. Hence bankers wanting to sit for TIOB examinations will be required to buy a workbook for each subject they register for, provided that they are not re-sitting. They may also pay for online courses (e-learning).

For more details contact TIOB Programmes Coordinators at the following centres:


1.
DAR ES SALAAM CENTRE
College of Business Education (CBE)
Bibi Titi Mohamed |road, P.O. Box 1668
DAR ES SALAAM
Tel.255 022 2150177, or 0716632998 and
Fax No. 255 022 2150122

5.
MOSHI CENTRE
Coordinator: Mr. N.S.  Mwakilema
Moshi Cooperative University 
P.O. Box 474,   Moshi 
Mobile: 0754 372586
2
MWANZA CENTRE
Bank of Tanzania Training Institute 
P. O. Box 131, Mwanza
Tel: (028) 2500983/2500709 
6.
DODOMA CENTRE
Coordinator: Ramadhani Mtongori
College of Business Education
P.O. Box 2077, Dodoma
Mobile: 0768 295580
 
3
MBEYA CENTRE
Coordinator:  Mr. Alfred Kavishe
Mzumbe University, Mbeya Campus
P.O. Box 6559, MBEYA
Mobile: 0712 473699
7.
Ruaha Catholic University
Coordinator: Mr. Isidore Minani
Lecturer and Head of Department
Department of Accounting and Finance
Faculty of Business and Management Sciences
P.O. Box 774, Iringa             
Mobile: 0754 229074, 0715 229074

4
ZANZIBAR CENTRE
Coordinator:  Mr. Hassan Juma 
The State University of Zanzibar (SUZA)
Institute of Continuing Education
P.O. Box 146, Zanzibar, Tel: (024) 2230724/2233337
Mobile: 0784 426701/ 0777 926701

8.
OTHER TUITION PROVIDERS
1. DAR ES SALAAM
   Mr. A. E. Mkongwa
   Gateway Financial Services Tanzania Ltd., 
   Mobile: 0753 201210, 0715 588008


The Tanzania Institute of Bankers,
5th Floor, Faykat Tower, 

Morocco, Ali Hassan Mwinyi Road, Kinondoni District, 
P.O. Box 8182, 
Dar es Salaam.

Tel: +255 22 2669091 / 2669092, 
Fax: +255 22 2669094

E-Mail: info@tiob.or.tz 
Web : www.tiob.or.tz

Thursday, 28 March 2019

PRIME MINISTER INAUGURATES STATE OF THE ART HIGH QUALITY CASSAVA FLOUR FACTORY IN TANZANIA

Waziri Mkuu wa Tanzania, Mhe. Kassim Majaliwa akikata utepe ikiwa ni ishara ya kufungua kiwanda cha kampuni ya Cassava Starch of Tanzania Corporation (CSTC) cha unga wa muhogo wenye kiwango cha juu katika kijiji cha Mbalala, kata ya Nyegedi, mkoani Lindi. Wengine kutoka kushoto ni Mhe. Omary Mgumba (MB), naibu waziri wizara ya kilimo, mkuu wa wilaya ya Lindi, Mhe. Shaibu Ndemanga, mwenyekiti wa kampuni ya CSTC bwana Gerald Billet, Balozi wa ufaransa nchini Tanzania, Mhe. Frederic Clavier, Mkurugenzi mtendaji wa CSTC bwana Christophe Gallean na mbunge wa jimbo la Mtama mkoani Lindi, Mhe. Nape Nnauye.
Waziri Mkuu wa Tanzania, Mhe. Kassim Majaliwa (MB) akivuta pazi pamoja na mwenyekiti wa kampuni ya Cassava Starch of Tanzania Corporation bwana Gerald Billet kuashiria ufunguzi wa kiwanda cha unga wa muhogo cha CSTC katika kijiji cha Mbalala mkoani Lindi.
Waziri Mkuu wa Tanzania, Mhe. Kassim Majaliwa (MB) akiwasha mashine ya mihogo wakati wa ufunguzi wa kiwanda cha unga wa muhogo cha kampuni ya CSTC mkoani Lindi.
Waziri Mkuu wa Tanzania, Mhe. Kassim Majaliwa (MB) akipewa maelezo kuhusu taratibu za kiwanda cha unga wa muhogo baada ya kukifunguwa rasmi katika kijiji cha Mbalala, mkoani Lindi.
Waziri Mkuu wa Tanzania, Mhe. Kassim Majaliwa (MB) akitizama mihogo inavyopita kwenye mashine wakati wa ufunguzi wa kiwanda cha unga wa muhogo cha kampuni ya CSTC mkoani Lindi.
22nd March, Lindi, Tanzania — Cassava Starch of Tanzania Corporation (CSTC), a Tanzanian company specialized in growing and processing cassava in the Lindi Region, officially launched its first High Quality Cassava flour Factory that will produce more than 6,000 metric Tons of High Quality Cassava Flour annually. The state of the art High Quality Cassava Flour factory was officially inaugurated by Honorable Prime Minister Kassim Majaliwa Majaliwa (MP), together with the Managing director of CSTC, Mr. Christophe GallĂ©an.

The factory which is the first of its kind in Tanzania, is equipped to produce over 1 Metric Ton of High Quality Cassava Flour per hour, and will employ directly up to 40 persons with plans to scale the number depending on improved capacities.

Cassava Starch of Tanzania Corporation’s with headquarters in Lindi region has been operating in Tanzania for 7 years, with an aim of selling domestically and exporting quality Tanzania-made, value added products. With the strategic proximity of the port of Mtwara, CSTC plans to reach all the South and East African Markets as well as Middle-Eastern, US and European markets.

TIGO YAZINDUA TAWI JIPYA LA HUDUMA KWA WATEJA IRINGA MJINI

Mkuu wa wilaya ya Iringa Mjini, Richard Kasesela ambaye alikuwa mgeni rasmi kwenye uzinduzi wa duka jipya la Tigo lililopo mtaa wa Miomboni mjini Iringa, akiwatubia wananchi waliofika katika uzinduzi wa tawi hilo linaloweza kuwahudumia wateja wengi zaidi kwa wakati mmoja. 
Mkuu wa wilaya ya Iringa Mjini, Richard Kasesela ambaye alikuwa mgeni rasmi kwenye uzinduziwa duka jipya la Tigo lililopo mtaa wa Miomboni mjini Iringa, akikata utepe kuashiri uzinduzi rasmi wa duka hilo litakalokuwa na uweza wa kuwahudumia wateja wengi zaidi.
Mgeni rasmi kwenye tukio la uzinduzi wa duka jipya la Tigo lililipo mtaa wa Miomboni mjini Iringa ambaye ni Mkuu wa Wilaya ya Iringa Mjini, Richard Kasesela (wa kwanza kulia) akipata maelekezo kutoka kwa wafanyakazi wa Tigo namna wanavyohudumia wateja.
Kampuni ya Tigo hivi karibuni imezindua duka jipya la huduma kwa wateja lililopo Iringa mjini ambalo litarahisisha upatikanaji wa huduma kwa wateja wake wa eneo la Iringa mjini na maeneo ya jirani.

Akizungumza wakati wa uzinduzi wa tawi hilo Mkurungezi wa kanda ya Kusini wa Tigo, Henry Kinabo, amesema tawi hilo jipya lililopo mtaa wa Miyomboni, ni sehemu ya mkakati wa kampuni hiyo kuwafikishia wateja wake huduma zake karibu zaidi.

Kinabo alisema duka hilo litahudumia wateja zaidi ya 100 kwa siku kwa kuwapa huduma mbalimbali za Tigo ikiwemo huduma ya kuunganishwa na intaneti, usajili wa laini za simu, Tigo Pesa na huduma za simu janja.

BANCABC YATOA MSAADA WA MABATI 200 KWA WILAYA YA KILINDI

Mwakilishi wa BancABC Bw. Emmanuel Nzutu (Mkuu wa kitengo cha mauzo rahisi) akiwa pamoja na Asmah Abubakar (kulia) kutoka kitengo cha masoko wa BancABC wakikabidhi msaada wa mabati kwa mkuu wa wilaya ya Kilindi Mh. Sauda Mtondoo (kushoto). 
Mheshimiwa Sauda Salum Mtondoo, mkuu wa Wilaya ya Kilindi akikabidhi mabati yaliyotolewa na BancAbc kwa walimu wa shule ambazo zimenufaika na msaada huo.
BancABC kupitia Huduma yetu ya Mkopo Rahisi imejidhatidi kuweza kuhakikisha kwamba tunainua kuendeleza mazingira ya elimu katika wilaya ambazo benki hii inafanya shughuli zake kupitia miradi yetu ya kusaidia jamii inayotuzunguka.

Sisi BancABC tunaamini kwenye umuhimu wa elimu bora katika jamii zetu hapa Tanzania na kwa hivyo tunaunga mkono Serikali ya Awamu ya 5 na hususani Rais wetu Mhe. John Pombe Mafuguli katika miradi mbali mbali ya elimu kwa lengo la kuinua kiwango cha elimu na kuweza kuwafikia kila jamii na hasa maeneo ya vijijini kwa wale ambao wako kwenye hali duni.

Akizungumza katika hafla hiyo fupi Bw. Emmanuel Nzutu ambaye ni mkuu wa kitengo cha mauzo rahisi alisema; “Kwa kuunga mkono juhudi za serikali za kutoa elimu bure kwa kila Mtanzania kuanzia chekechea hadi kidato cha nne, Leo Bancabc tunatoa msaada wa mabati 200 kwa wilaya ya Kilindi, na msaada huu tunaukabidhi hapa kwa Mkuu wa Wilaya Mheshimiwa Sauda Salum Mtondoo.”

BENKI YA BIASHARA YA MKOMBOZI YAZINDUA TAWI IRINGA

Waziri wa Ardhi, Nyumba na Maendeleo ya Makazi Mhe. William Vangimembe Lukuvi (katikati) akikata utepe kuzindua Tawi jipya la Benki ya Biashara Mkombozi Mkoani Iringa hivi karibuni huku viongozi wakishuhudia tukio hilo. Kutoka kulia ni Mkuu wa Wilaya ya Iringa, Richard Kasesela, Mkurugenzi Mtendaji wa Benki ya Biashara ya Mkombozi, Bw. George Shumbusho na Askofu wa Jimbo la Iringa, Tarcisius Ngalalekumtwa.
Waziri wa Ardhi, Nyumba na Maendeleo ya Makazi Mhe. William Vangimembe Lukuvi (katikati) pamoja na viongozi wengine wakifurahiya wakati wa hafla ya kuzindua Tawi jipya la Benki ya Biashara Mkombozi, Mkoani Iringa hivi karibuni.

NIC BANK TANZANIA HARNESSING PRACTICAL SKILLS TO HIGHER LEARNING INSTITUTIONS

NIC Bank Executive Director, Mick Karima, speaks to students who visited the bank to see how it conducts its operations.  

Dar-es-Salaam, 27th March, 2019 - NIC Bank Tanzania Limited has hosted and provided banking services training among various high schools in Dar-es-Salaam.

Starting with a bank tour and elaboration of various functions subject to different departments within the bank, students managed to see on how NIC Bank operates and how the bank manages to stay on top of their effective operations and service delivery from customer experience to products development.

Speaking to the students, Mick Karima, NIC Bank Executive Director said that, “NIC Bank holds a great believe in the younger generations due to being the core of change on various industries, doing this for the past 5 years has been a great deed and we have seen a lot of success through out this program, Banking needs to deepen the roots on various markets and the best way to do it is by properly informing and deploying the younger generation. With this opportunity I believe you among the few will go and advocate on how reliable and convenient NIC bank operations and services are being professionally handled to delivering a great value to the community.”

Apart from the tour, they students had a question & answer session with the staff to more elaborate and get to understand on the banking sector.

FURSA ZA UFADHILI WA MASOMO KWA WATANZANIA

Wizara ya Mambo ya Nje na Ushirikiano wa Afrika Mashariki imepokea fursa za ufadhili wa masomo ya muda mrefu katika fani mbalimbali kutoka Serikali ya Thailand. 

Kozi hizo zitakazotolewa kwenye Vyuo mbalimbali nchini humo, zitajikita katika fani za Filosofia ya Uchumi Timilifu; Mabadaliko ya Tabianchi, Usalama wa Chakula; Afya ya Jamii na Malengo ya Maendeleo Endelevu.

Wizara inawahimiza Watanzania wenye sifa kuomba nafasi hizo za mafunzo zilizotangazwa na Serikali ya Thailand kwa mwaka 2019.

Mwisho wa kuomba nafasi hizo ni tarehe 31 Machi 2019. Kwa maelezo zaidi kuhusu kozi hizo na namna ya kuomba, tafadhali tembelea tovuti  ifuatayo: http://www.tica.thaigov.net


Imetolewa na:
Kitengo cha Mawasiliano ya Serikali,
Wizara ya Mambo ya Nje Na Ushirikiano wa Afrika Mashariki,
Dar es Salaam
27 Machi 2019

Friday, 22 March 2019

AZANIA BANK OFFICIALLY ACQUIRES BANK M, JOINS ELITE GROUP OF TIER ONE BANKS

QATAR, GERMANY SALUTE PRESIDENT JOHN MAGUFULI

President John Magufuli shakes hands with the Qatar State Deputy Prime Minister, who also doubles as the Minister for Foreign Affairs, Sheikh Mohammed bin Abdulrahman al Than, after holding discussions at State House in Dar es Salaam yesterday. Third right is the Minister for Foreign Affairs and East African Cooperation, Prof. Palamagamba Kabudi. Second left isTanzania's Ambassador to Qatar, Fatma Rajab.

President John Magufuli has held talks with the Qatar Deputy Prime Minister and Minister of Foreign affairs, Sheikh Mohammed Bin Abdulrahman al-Thani and the German Chancellor, Ms. Angela Merkel, both of whom saluted his efforts in spearheading the country's development and fighting graft.

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RAIS MHE. DKT. MAGUFULI AKUTANA NA KUFANYA MAZUNGUMZO NA NAIBU WAZIRI MKUU NA WAZIRI WA MAMBO YA NJE WA QATAR IKULU JIJINI DAR ES SALAAM, 21 MACHI 2019

Rais wa Jamhuri ya Muungano wa Tanzania Mheshimiwa Dkt. John Pombe Magufuli akisalimiana na Naibu Waziri Mkuu na Waziri wa Mambo ya Nje wa Qatar Sheikh Mohammed bin Abdulrahman al Than mara baada ya kuwasili Ikulu jijini Dar es Salaam.
Rais wa Jamhuri ya Muungano wa Tanzania Mheshimiwa Dkt. John Pombe Magufuli akimkabidhi zawadi ya Kinyago Naibu Waziri Mkuu na Waziri wa Mambo ya Nje wa Qatar Sheikh Mohammed bin Abdulrahman al Than kabla ya kuanza mazungumzo yao Ikulu jijini Dar es Salaam.
Rais wa Jamhuri ya Muungano wa Tanzania Mheshimiwa Dkt. John Pombe Magufuli akiwa katika mazungumzo na mgeni wake Naibu Waziri Mkuu na Waziri wa Mambo ya Nje wa Qatar Sheikh Mohammed bin Abdulrahman al Than aliyeambatana na ujumbe wake mara baada ya kuwasili Ikulu jijini Dar es Salaam.
Rais wa Jamhuri ya Muungano wa Tanzania Mheshimiwa Dkt. John Pombe Magufuli akiwa katika picha ya pamoja na mgeni wake Naibu Waziri Mkuu na Waziri wa Mambo ya Nje wa Qatar Sheikh Mohammed bin Abdulrahman al Than mara baada ya mazungumzo yao Ikulu jijini Dar es Salaam. Wengine katika picha ni Waziri wa Mambo ya Nje Profesa Palamagamba Kabudi watatu kutoka kulia, Balozi wa Tanzania kutoka Qatar Fatma Rajab wapili kutoka kushoto.
BOFYA HAPA KWA PICHA ZAIDI 

VACANCY ANNOUNCEMENT AT THE INTERNATIONAL TELECOMMUNICATIONS UNION (ITU) IN GENEVA

EMPLOYMENT OPPORTUNITY AT MAENDELEO BANK

MANJI GETS GAG ORDER OVER SH25 BILLION IN NBC DEBT


The High Court in Dar es Salaam has issued orders prohibiting businesses linked to businessman Yusuph Manji from selling or transferring multi-billion shillings properties in Mwanza and Dar es Salaam over failure to repay Sh25 billion borrowed from National Bank of Commerce (NBC).

AZANIA BANK GETS SH 121 BILLION CAPITAL BOOST FOR BANK M TAKEOVER


Azania Bank shareholders have raised Sh120.5 billion in additional capital to boost liquidity after acquiring Bank M Tanzania Limited.

The amount brings Azania Bank’s the total capital to Sh184.5 billion. The Bank of Tanzania (BoT) authorized the merger of the two banks with effect from January 2, 2019 after Bank M went under due to liquidation problems.


PRUDENTIAL CAPITAL MARKET UPDATE AS AT 22 MARCH 2019

NEW GSMA STUDY: MOBILE SIGNIFICANTLY ADVANCING ECONOMIC AND DEVELOPMENT GOALS IN TANZANIA

Mobile Adding $2.5 Billion in Economic Value to Tanzania Economy

19 March 2019, Dar es Salaam, Tanzania - Tanzania’s mobile industry is contributing significantly to the realisation of the country’s economic and development goals, according to a new GSMA report. The new report - Digital Transformation in Tanzania – is launched today at a meeting organised by the GSMA that brings together representatives from Tanzania’s three main mobile operators, Airtel, Tigo and Vodacom.

“Mobile technology is at the centre of Tanzania’s digital transformation, providing access to essential services, increasing productivity, and driving economic growth,” said Akinwale Goodluck Head of Sub-Saharan Africa, GSMA. “Leveraging mobile technology to further advance economic and development goals in Tanzania requires collaboration by all stakeholders, including operators, government and development organisations. We also require a supportive regulatory environment that encourages investment and innovation, and ensures operators have access to sufficient spectrum in a timely and affordable manner.”

The report highlights four key areas where Tanzania’s mobile industry is making a significant contribution to the country’s transformation into a digital economy and realisation of its development goals:
  • Access to key services – Mobile operators provide affordable access to life -enhancing services for people in underserved communities. Inclusive and innovative business models have emerged from the convergence of various mobile services, particularly connectivity, mobile financial services, digital identity, and M2M and IoT;
  • Driving productivity and efficiency – Mobile is driving productivity and efficiency gains in Tanzania’s businesses and public institutions, especially in the agricultural sector;

BARCLAYS BANK TANZANIA ANNOUNCES GRAND WINNER OF SUPERFANSUNITED CAMPAIGN

Barclays Bank Tanzania (BBT) Head of Marketing and Corporate Relations, Aron Luhanga (left), makes a phone call to the bank's English Premier League 'superfansunited' campaign grand winner in Dar es Salaam. The bank's Mikocheni Branch customer, Catherine Arsen, won a fully paid trip to United Kingdom, to spend time with an English Premier League legend and watch a live English Premier League match. Seven other winners won a range of token prizes. To his left are BBT Head of Retail Banking, Oscar Mwamfwagasi and Gaming Board of Tanzania Inspector, Bakari Maggid.
Barclays Bank Tanzania under Absa Group Limited, one of Africa’s largest financial services providers, has announced the grand winner their English Premier League #superfansunited promotional campaign which ended on March 10, 2019.

The lucky winner, Catherine Arcene from the bank’s Mikocheni branch in Dar es Salaam, will enjoy a full paid trip to the UK to enjoy a true Clubhouse experience. She is expected to fly to the UK in the first week of May and is scheduled to spend a week there.

Other seven joint runners-up were also announced, who will have token package featuring being put up in one of the classic hotels in Dar es Salaam, watch live English Premier League in a superfans clubhouse replica in the city, cash prize of 300,000 each, a cap and a t-shirt of an EPL team of their like.


DTB-TANZANIA YAZINDUA HUDUMA ZA PRE PAID CARDS, AGENT BANKING NA PAYMENT DEVICES (POS)

Mkurugenzi Mtendaji wa Kituo cha Uwekezaji Tanzania (TIC), Geoffrey Mwambe akitoa hotuba fupi katika hoteli ya Serena Jijini Dar es salaam hivi karibuni katika uzinduzi wa huduma mpya kutoka benki ya DTB ambazo ni Prepaid Multi-Currency Travel Card, huduma kwa kupitia mawakala (Agency Banking) na Merchant point of Sales (POS) Machines. Tafrija hio fupi ilihudhuriwa na wateja takribani 400 wa benki ya DTB Tanzania.
Machi 19, 2019 - DTB-Tanzania imeweka historia kwa kuzindua huduma 3 ambazo zitaongeza ufanisi katika jitihada za kuwafikia wateja waliombali na matawi na kupunguza gharama za kupata huduma za kibenki kwa wateja wake. Huduma zilizozinduliwa hivi karibuni ni pamoja na Prepaid Card, DTB wakala na Merchant Payment devices (POS).

Kadi hizi za Pre-Paid ambazo zipo kwenye mfumo wa MasterCard, zina uwezo wa kubeba fedha aina kumi zinazotambulika kimataifa tofauti na Shilingi ya Tanzania ambayo ni fedha namba moja. Hivyo kadi hizi zinafaa kwa wafanyabiashara wanaosafiri nje ya nchi kwa matibabu, wanafunzi wanaosoma nje ya nchi na watalii. Fedha hizi ni pamoja na Dola za kimarekani, Yuro ya bara la Ulaya, Paundi ya Uingerereza, Dirham ya Ufalme za Kiarabu, Rupee ya India, Randi ya Afrika Kusini, Yuan ya Uchina, Dola ya Canada na Shilingi za Kenya na Uganda.

Kadi hizi za Pre-Paid zipo kwenye teknolojia ya hali ya juu ili kuimarisha usalama kwa wateja na haziwezi kughushiwa kwa namna yoyote.

DTB-TANZANIA LAUNCHES PRE PAID CARDS, AGENT BANKING AND MERCHANT PAYMENT DEVICES (POS)

The Tanzania Investment Centre (TIC) Executive Director, Mr. Geoffrey Mwambe, delivering an inaugural speech on Tuesday at Serena Hotel in Dar es Salaam during the official launch of DTB’s Pre-paid Multi-Currency Travel Card, Agency Banking and Merchant point of Sales (POS) Machines. The event was well attended by more than 400 customers of the Bank.

DTB-Tanzania Chief Operating Officer, Mr. Madhava Murthy, (right) conducting a live demonstration on the usage of Agency banking services to customers at Dar es Salaam Serena Hotel. The Bank launched 3 products (Prepaid Multi-Currency Travel Card, Agency Banking and Merchant point of Sales (POS) Machines) during the customer event that was graced by The Tanzania Investment Centre (TIC) Executive Director, Mr. Geoffrey Mwambe. On the left is Ms. Germana George and Ms. Monica Nangale (second right) who are both Bank officials in alternative delivery channels.
DTB-Tanzania Staff Members (from left, Acram AbdulMajid, Ammy Makilla, Ruksana ladha, Daniel D’Silva, and Precious Ogada) lead all customers and Officials of DTB-Tanzania in singing the National Anthem at Serena Hotel in Dar es Salam. The Bank organised a customer event to formally launch DTB’s Prepaid Multi-Currency Travel Card, Agency Banking and Merchant Point of Sales (POS) Machines in Tanzania.
DTB-Tanzania Board Chairman, Mr Abdul Samji gestures in his welcome speech at the Serena Hotel during customer event. The Bank officially launched Prepaid Multi-Currency Travel Card, Agency Banking and Merchant Point of Sales (POS) Machines in Tanzania.
March 19, 2019 - Diamond Trust Bank Tanzania Limited (DTB-Tanzania), has commercially launched Pre-Paid Cards, Agent Banking and Merchant Point of Sales Machines. These 3 products have the potential to enhance financial inclusion, improve customer experience and reduce the cost of banking to DTB-Tanzania customers.

The Pre-Paid Cards under MasterCard, comes with multiple currency options of 10 Globally recognized currencies besides Tanzanian Shillings. This will enable Traders, Business Travelers, Medical Tourists, Students and Holiday Makers travelling abroad to avoid currency exchange commissions as they as would be able to carry currencies of 5 different countries on 1 card. These are United States Dollar, Euro, Great Britain Pound, Arab Emirates Dirham, Indian Rupees, South African Rand, Chinese Yuan, Canadian Dollars, Kenya and Uganda Shillings.

The DTB-Tanzania Pre-Paid Card is equipped with Chip and Pin technology for enhanced security for customers. This ensures that encrypted data on the card can not be tampered with. These cards gives the convenience of a cashless world, with total control to the owner and restricts spending to the loaded amount level only.

Addressing the invited guests during the launch, Mr. Abdul Samji, DTB-Tanzania Board Chairman said that “As a Bank, our commitment to improve service delivery and customer experience through innovation is given utmost priority. I’m glad that once again we have brought safety, comfort, convenience and value for money to our customers through low cost transaction channels”.

Thursday, 21 March 2019

PRUDENTIAL CAPITAL MARKET UPDATE AS AT 21 MARCH 2019

SOUTH AFRICA'S STANDARD BANK TO CUT AROUND 1,200 JOBS, CLOSE 91 BRANCHES


JOHANNESBURG (Reuters) - South African lender Standard Bank will cut around 1,200 jobs and close 91 branches as part of efforts to digitise its retail and business bank, it said on Thursday.

South Africa’s lenders, like others around the world, have been shuttering branches and trimming their headcount in an attempt to cut costs and adapt to customers’ growing preference to bank online or on their mobile phones.

“This has not been an easy decision to make,” the bank, South Africa’s largest by assets, said in a statement, adding it would implement a “comprehensive exit package” that goes beyond the legal requirements.


Job cuts are sensitive in South Africa, where unemployment stands at 27 percent, and Standard Bank’s announcement comes on the back of plans to cut 526 jobs announced in November.

South African finance trade union, SASBO, did not immediately respond to requests for comment.

UTILISE TANZANIA AGRICULTURAL DEVELOPMENT BANK LOANS TO BOOST FARMING - PRIME MINISTER


Mwanza - Prime Minister, Kassim Majaliwa on Tuesday urged creditworthy Tanzanians to tale loans from the Tanzania Agricultural Development Bank (TADB) to revolutionaries agriculture and the country's agro-processing industry.

Inaugurating the TADB Lake Zonal Office, The Premier reminded members of the public that domestic industries heavily depended on agricultural produce as their source of raw materials.

Read More >>

Wednesday, 20 March 2019

TAXIFY HAS CHANGED ITS NAME TO BOLT AS IT EYES THE ELECTRIC SCOOTER MARKET

  • Uber challenger Taxify has changed its name to Bolt, and the change is rolling out across its apps and website.
  • To avoid some of the inevitable confusion, it is describing itself as "Bolt (Taxify)" for the time being.
  • The company says it wants to be known for more than just cars, and believes the future is electric, as it rolls out scooter rental services around the world.
Challenger e-hailing company Taxify – the cheaper Uber rival that has aggressively rolled out service to South Africa's second-tier cities – is now called Bolt.

The Estonian company announced the change on Thursday, and quickly updated its apps and their various listings in app stores to, for the time being "Bolt (Taxify)".

Bolt/Taxify is reportedly looking for more funding, after it raised the equivalent of R2.2 billion (and hit a $1 billion valuation) in May 2018 from an investor group led by Daimler, the parent company of Mercedes-Benz.

EX-BANK M BOSS CHARGED, REMANDED

Former Bank M (Tanzania) executive Sanjeev Kumar Purushothaman is ascorted by security officers at Kisutu Resident Magistrate’s Court in the city recently.
Mr. Purushothaman faces 29 counts of money laundering, forgery and obtaining cash through false pretences amounting to Sh6 billion. He has been remanded in custody until March 21.

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BENKI YA NBC YANOGESHA UZINDUZI WA SHIKA NDINGA YA EFM REDIO

Moja ya gari atakalozawadiwa mshindi wa shindano la Shika Ndinga likionyeshwa wakati wa uzinduzi huo katika Viwanja vya Mwembe Yanga jijini Dar es Salaam.
Baadhi ya wakazi wa Jiji la Dar es Salaam wakifungua akaunti ya Fasta katika banda la NBC wakati wa uzinduzi huo. Akaunti ya NBC ya Fasta inatumia teknolojia ya kipekee kwani mteja huweza kupewa kadi yake ya ATM aina ya Visa muda huo huo mara afunguliwapo akaunti hiyo.
Mmoja wa washindi wa shindano la Shika Ndinga upande wa wanawake Mkoa wa Dar es Salaam aliyejishindia pikipiki, Habiba Salum akionyesha kadi ya ATM aina ya Visa ya Benki ya NBC aliyopewa mara baada ya kufungua akaunti ya Fasta ya benki hiyo uwanjani hapo.
Benki ya NBC imesema itaendelea kusogeza huduma zake karibu zaidi na wananchi ili kuweza kukidhi mahitaji ya wale wanaohitahi huduma za kibenki.

Akizungumza jijini Dar es Salaam sambamba na uzinduzi wa Kampeni ya Shika Ndinga, Mkuu wa Kitengo cha Bima cha Benki ya NBC, Benjamin Nkaka alisema lengo la NBC ni kutaka kila mwananchi afikiwe na huduma za kibenki kwa urahisi na ukaribu.

Alisema moja ya huduma inayopatikana katika kampeni hiyo ni ufunguaji wa akaunti yao mpya ya Fasta inayomwezesha mteja kupata kadi ya ATM aina ya Visa muda huo huo naofungua akaunti.

“Akaunti ya Fasta inafunguliwa na kiwango cha chini cha shs 5,000/- na hata kama mtu hana kiasi hicho anaweza kufungua bila pesa yoyote na kasha akaweka pesa siku inayofuata hata kwa kutumia simu yake ya mkononi.

PRUDENTIAL CAPITAL MARKET UPDATE AS AT 20 MARCH 2019

TANZANIA YAPELEKA MSAADA WA CHAKULA NA MADAWA KWA NCHI ZA MALAWI, MSUMBIJI NA ZIMBABWE KUTOKANA NA KUKUMBWA NA MAFURIKO

Waziri wa Mambo ya Nje na Ushirikiano wa Afrika Mashariki, Prof. Palamagamba Kabudi na Waziri wa Afya, Maendeleo ya Jamii, Jinsia, Wazee na Watoto, Mhe. Ummy Mwalimu wakiwa na Balozi wa Malawi, Mhe. Glad Chembe Munthali (kushoto), Balozi wa Msumbiji, Mhe. Monica D.C. Mussa (wa pili kushoto) na Balozi Mdogo wa Zimambwe nchini, Mhe. Martin Tavenyika (wa tatu kushoto) wakati wa zoezi la kuwakabidhi mabalozi hao misaada ya dawa na chakula ambavyo Serikali ya Tanzania imetoa kwa nchi zao ambazo zimekumbwa na maafa yaliyosababishwa na mafuriko kufuatia tufani kali iliyolikumba eneo hilo la kusini mwa Afrika. Tukio hilo limefanyika kwenye Uwanja wa Ndege wa Kimataifa wa Julius Nyerere jijini Dar es Salaam tarehe 19 Machi 2019.
Mhe. Prof. Kabudi akisikiliza maelezo kutoka kwa Mhe. Waziri Ummy kuhusu aina ya dawa zilizotolewa msaada kwenye nchi za Malawi, Msumbiji na Zimbabwe kufuatia maafa yaliyosababishwa na mafuriko yaliyozikumba nchi hizo. 
Sehemu ya magari yaliyobeba shehena ya msaada wa dawa na chakula kwa ajili ya waathirika wa mafuriko kwenye nchi za Malawi, Msumbiji na Zimbabwe kama inavyoonekana kabla ya kuanza kupakiwa kwenye ndege.
Askari wa Jeshi la Ulinzi wakishusha kwenye magari na kupakia kwenye ndege misaada ya madawa na chakula ambavyo Serikali ya Tanzania imetoa msaada kwa nchi za Malawi, Msumbiji na Zimbabwe ambazo zimekumbwa na maafa ya mafuriko kufuatia tufani kali iliyolikumba eneo hilo la kusini mwa Afrika.
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