TANZANIA'S ECONOMY SHOWS RESILIENCE AS PRIVATE SECTOR CREDIT GROWS 34.2%, GOLD EXPORTS SURGE AND FOREIGN RESERVES REACH USD 6 BILLION

Dar es Salaam - November 2, 2026: Tanzania's economy continued to demonstrate resilience in September 2026, supported by strong private-sector credit growth, increased export earnings, improved tourism receipts and robust government revenue collection, despite mounting pressure from rising global energy prices and geopolitical uncertainties.

The latest Bank of Tanzania (BoT) Monthly Economic Review for October 2026 paints a picture of an economy maintaining relatively stable inflation, expanding financial sector activity and growing international trade, while facing emerging challenges associated with higher import costs and a widening current account deficit.

The report, which analyses developments through September 2026, highlights several indicators demonstrating the performance of Tanzania's economy and the opportunities and risks facing businesses, investors and policymakers.

Inflation Remains Within National Target

One of the notable developments was the continued stability of inflation, with headline inflation remaining at 4.3 percent in September 2026, unchanged from August.

The rate remained within the Government's medium-term inflation target of 3 to 5 percent, supported by moderation in energy, fuel and utilities inflation, which partly offset an increase in food prices.

Food inflation, however, increased slightly to 3.9 percent in September from 3.7 percent in August, largely reflecting higher prices of sorghum, potatoes, finger millet and wheat.

Meanwhile, core inflation remained unchanged at 4.1 percent.

The Bank of Tanzania noted that inflationary pressures could remain elevated in the coming months, particularly due to geopolitical tensions in the Middle East and anticipated El Niño-induced rains during the Vuli season.

BENKI YA EXIM YAUNGA MKONO UHIFADHI WA MAZINGIRA, YATANGAZA FURSA ZA KIUCHUMI KILOLO, IRINGA

KILOLO, IRINGA, Oktoba 31, 2026 – Benki ya Exim Tanzania imeendelea kuunga mkono juhudi za uhifadhi wa mazingira na maendeleo ya jamii kupitia udhamini wake mkuu wa Mbio za Kitonga Marathon 2026 zilizofanyika wilayani Kilolo, mkoani Iringa.

Mbio hizo zilizokuwa na kaulimbiu ya “Tunza Mazingira, Wekeza Kilolo” zililenga kuhamasisha utunzaji wa mazingira, kuimarisha ushiriki wa jamii katika shughuli za maendeleo na kutangaza fursa mbalimbali za kiuchumi zilizopo wilayani humo, hususan katika sekta za kilimo, utalii na biashara.

Kupitia udhamini huo, Benki ya Exim imeonyesha dhamira yake ya kushirikiana na jamii na wadau mbalimbali katika kuunga mkono mipango inayochangia maendeleo endelevu zaidi ya huduma za kifedha inazotoa.

Akizungumzia ushiriki wa benki hiyo, Mkuu wa Idara ya Masoko na Mawasiliano wa Benki ya Exim Tanzania, Stanley Kafu, alisema udhamini huo unaakisi imani ya benki kwamba mchango wake katika jamii hauishii katika kutoa huduma za kifedha pekee, bali pia unahusisha kuunga mkono mipango inayowaunganisha wadau katika kufanikisha vipaumbele vya maendeleo.

“Mbio za Kitonga zinatoa fursa ya kuitangaza zaidi Kilolo na uwezo wake wa kiuchumi, huku zikihamasisha uwajibikaji wa pamoja katika uhifadhi wa mazingira. Sisi Exim Bank tunaamini kuwa maendeleo endelevu yanahitaji ushirikiano kati ya jamii, wafanyabiashara na wadau wengine.

“Udhamini wetu wa mbio hizi unaakisi dhamira yetu ya kushirikiana na jamii tunazozihudumia na kuchangia juhudi zinazolenga kuleta maendeleo katika maeneo yao,” alisema Kafu.

Udhamini wa Mbio za Kitonga ni sehemu ya jitihada za Benki ya Exim Tanzania kupitia mpango wake wa uwajibikaji kwa jamii unaojulikana kama Exim Cares. Kupitia mpango huo, benki inaunga mkono shughuli mbalimbali zinazolenga kuboresha maisha ya wananchi katika sekta za afya, elimu, uhifadhi wa mazingira, ubunifu na elimu ya masuala ya fedha.

AIRTEL YAIMARISHA MTANDAO GONGO LA MBOTO, YAUNGANISHA UWEKEZAJI NA UTUNZAJI WA MAZINGIRA

Dar es Salaam, Oktoba 29, 2026 – Airtel Tanzania imezindua mnara mpya wa mawasiliano katika eneo la Gongo la Mboto Markaz, jijini Dar es Salaam, unaotarajiwa kunufaisha zaidi ya wakazi 10,460 kwa kuboresha upatikanaji wa huduma za mawasiliano na kidijitali.

Sambamba na uzinduzi huo, kampuni hiyo iliendesha zoezi la usafi wa mazingira lililowakutanisha wafanyakazi wake, viongozi wa serikali za mitaa na wanajamii, kwa lengo la kuhamasisha uwajibikaji wa pamoja katika kutunza mazingira.

Washiriki walishirikiana kukusanya taka na kusafisha maeneo yanayozunguka mnara huo, hatua iliyoonesha umuhimu wa ushirikiano kati ya sekta binafsi na jamii katika kuboresha mazingira ya makazi.

Mnara huo ni sehemu ya uwekezaji unaofanywa na Airtel Tanzania katika kupanua na kuimarisha miundombinu ya mawasiliano ili kukidhi mahitaji yanayoongezeka ya huduma za simu na teknolojia za kidijitali.

Uwekezaji huo unalenga kuwawezesha wakazi, vijana na wafanyabiashara kupata huduma bora za mawasiliano zinazoweza kurahisisha shughuli zao za kila siku na kuwafungulia fursa zaidi katika uchumi wa kidijitali.

AIRTEL TANZANIA EXPANDS NETWORK COVERAGE, PROMOTES ENVIRONMENTAL RESPONSIBILITY IN GONGO LA MBOTO

Dar es Salaam, October 29, 2026 – Airtel Tanzania has combined investment in telecommunications infrastructure with environmental responsibility through a community clean-up exercise held around its newly launched communication tower in Gongo la Mboto Markaz, Dar es Salaam.

The initiative brought together Airtel Tanzania employees, local government leaders and community members, who joined hands to collect litter and clear waste from the surroundings of the newly established communication site, contributing to efforts to create a cleaner and healthier environment.

The new communication tower is expected to benefit more than 10,460 residents in Gongo la Mboto and Ukonga by improving network coverage and providing more reliable communication services to households, businesses and other users.

The investment underscores Airtel Tanzania’s continued commitment to expanding its network infrastructure and improving access to digital services, enabling residents, young people and entrepreneurs to participate more effectively in the growing digital economy.

TANZANIA BREWERIES AND VETA PARTNER TO EQUIP 300 YOUNG TANZANIANS WITH PRACTICAL AGRICULTURAL SKILLS

Michelle Kilpin, Managing Director of TBL (second right), and CPA Anthony Kasore, Director General of VETA (second left), display the Memorandum of Understanding (MoU) for the TBL Ujuzi-Kwanza Scholarship Programme, which aims to equip young people with practical skills through hands-on training across the agricultural value chain. The programme is funded by TBL. Also pictured are Neema Temba, TBL Director of Corporate Affairs and Regulatory (right), and Dr. Abdallah Ngodu, VETA Director of Vocational Education and Training.

TBL Ujuzi-Kwanza scholarship program to advance youth employability, entrepreneurship and sustainable agricultural value chains

Dar es Salaam, Tanzania, Wednesday, 28 October 2026 - Tanzania Breweries Plc (TBL) and the Vocational Education and Training Authority (VETA) have signed a Memorandum of Understanding (MoU) to launch the Ujuzi-Kwanza Scholarship Program, a partnership aimed at developing practical agricultural skills, creating opportunities for young people and supporting Tanzania's agricultural transformation.

The three-year program will equip 300 young Tanzanians from low-income households with skills across the agricultural value chain, including agricultural production, equipment maintenance, agro-mechanics and related technical competencies. It aims to improve youth employability, encourage entrepreneurship and strengthen agricultural productivity.

Under the agreement, TBL will cover training fees, while VETA will provide accredited training, technical expertise and nationally recognized qualifications. Participants will also gain practical experience in agricultural operations and services, including opportunities within TBL's barley and sorghum farming communities.

The agreement was signed by Michelle Kilpin, Managing Director of TBL, and CPA Anthony Kasore, Director General of VETA. Speaking at the signing ceremony, Kasore emphasized the importance of developing skills that respond to the agricultural sector's evolving needs.

“VETA was established to equip Tanzanians with practical, industry-relevant skills. As our agricultural sector is modernizing, we need skilled young people who can support agricultural production, improve farming practices, maintain equipment and provide essential technical services. This partnership creates opportunities for talented young Tanzanians who might otherwise be unable to afford training, while ensuring their skills respond to real industry needs,” said Kasore.

NBC BACKS AFRICAN INVESTMENT OPPORTUNITIES THROUGH NEW iTRUST ETFs TARGETING FINANCE, MINING & TECHNOLOGY

NBC Bank Managing Director, Theobald Sabi delivers his remarks during the launch of three new investment funds introduced by iTrust Finance, targeting Africa’s financial services, mining, telecommunications and technology sectors. NBC Bank serves as trustee and custodian of the funds.

NBC Bank Managing Director, Theobald Sabi (second left), alongside other stakeholders, including Capital Markets and Securities Authority (CMSA) Director of Market Supervision and Investigation, Exaut Julius (far left), follows proceedings during the launch of three new investment funds introduced by iTrust Finance, targeting Africa’s financial services, mining, telecommunications and technology sectors. NBC Bank serves as trustee and custodian of the funds. 

Dar es Salaam, October 27, 2026 – National Bank of Commerce (NBC Bank) is strengthening its role in Tanzania’s capital markets by serving as trustee and custodian of three new investment funds launched by iTrust Finance, offering investors exposure to Africa’s financial services, mining, telecommunications and technology sectors.

Three New ETFs Expand Investment Opportunities

The iAfrica Financials ETF, iAfrica Mining ETF, and iAfrica Telco and Tech ETF provide individual and institutional investors with access to companies listed on African stock markets through the Dar es Salaam Stock Exchange (DSE).

The funds aim to connect investors with sectors that play an important role in driving Africa’s economic growth and development.

Speaking at the launch in Dar es Salaam, NBC Managing Director Theobald Sabi said strong financial institutions were essential to protecting investors’ interests and supporting the growth of increasingly interconnected African capital markets.

“As African capital markets become increasingly interconnected, investors need strong and dependable financial institutions that can safeguard their assets and facilitate efficient, secure and cost-effective cross-border transactions,” Sabi said.

NBC Strengthens Capital Markets Infrastructure

NBC’s appointment as trustee and custodian builds on its longstanding partnership with iTrust Finance and underscores the bank’s contribution to the institutional infrastructure supporting investment products.

Its capabilities include securities custody, trustee services, registry management and collections, complemented by corporate and investment banking services.

The partnership has previously supported other investment initiatives, including the East African Community (EAC) Large Cap ETF, whose initial offer attracted TZS 54.03 billion against a target of TZS 10 billion.

NBC YACHOCHEA UWEKEZAJI AFRIKA KUPITIA MIFUKO YA FEDHA, MADINI NA TEKNOLOJIA

Mkurugenzi Mtendaji wa Benki ya NBC, Theobald Sabi, akitoa nasaha zake wakati wa uzinduzi wa mifuko mitatu mipya ya uwekezaji iliyoanzishwa na kampuni ya iTrust Finance, inayolenga sekta za huduma za kifedha, madini, mawasiliano na teknolojia barani Afrika. Benki ya NBC inahudumu kama mdhamini na mtunzaji wa mali za uwekezaji (trustee and custodian) wa mifuko hiyo. Hafla ya uzinduzi ilifanyika jijini Dar es Salaam jana.

Mkurugenzi Mtendaji wa Benki ya NBC, Theobald Sabi (wa pili kushoto), akiwa pamoja na wadau wengine, akiwemo Mkurugenzi wa Usimamizi na Uchunguzi wa Masoko wa Mamlaka ya Masoko ya Mitaji na Dhamana (CMSA), Exaut Julius (wa kwanza kushoto), wakifuatilia uzinduzi wa mifuko mitatu mipya ya uwekezaji iliyoanzishwa na kampuni ya iTrust Finance, inayolenga sekta za huduma za kifedha, madini, mawasiliano na teknolojia barani Afrika.

Baadhi ya maofisa waandamizi wa Benki ya NBC wakifuatilia hafla hiyo.

Dar es Salaam; Oktoba 28, 2026 - Benki ya Taifa ya Biashara (NBC) imeendelea kuimarisha nafasi yake katika soko la mitaji nchini kwa kushirikiana na kampuni ya iTrust Finance kuzindua mifuko mitatu mipya ya uwekezaji inayolenga sekta za huduma za kifedha, madini, mawasiliano na teknolojia barani Afrika.

Kupitia mifuko hiyo, NBC itahudumu kama mdhamini na mtunzaji wa mali za uwekezaji, jukumu linalolenga kuimarisha usalama wa mali za wawekezaji na kuunga mkono ukuaji wa bidhaa za uwekezaji zinazowaunganisha wawekezaji wa Tanzania na fursa zilizopo katika masoko ya hisa barani Afrika.

Mifuko hiyo ni iAfrica Financials ETF, iAfrica Mining ETF na iAfrica Telco and Tech ETF, ambayo itawawezesha wawekezaji binafsi na taasisi kupata fursa ya kuwekeza katika kampuni zilizoorodheshwa kwenye masoko ya hisa barani Afrika kupitia Soko la Hisa la Dar es Salaam (DSE).

Akizungumza katika uzinduzi huo uliofanyika jijini Dar es Salaam, Mkurugenzi Mtendaji wa NBC, Theobald Sabi, alisema kuimarika kwa uhusiano kati ya masoko ya mitaji barani Afrika kunahitaji taasisi imara za kifedha zinazoweza kulinda maslahi ya wawekezaji na kurahisisha uwekezaji katika masoko mbalimbali.

“Kadiri masoko ya mitaji barani Afrika yanavyozidi kuunganishwa, wawekezaji wanahitaji taasisi imara na zinazoaminika za kifedha zinazoweza kulinda mali zao na kuwezesha miamala ya kuvuka mipaka kuwa yenye ufanisi, usalama na gharama nafuu,” alisema Sabi.

NU LIFE FERTILITY CENTRE YATUMIA TEKNOLOJIA YA PGT-A KUBAINI HITILAFU ZA KROMOSOMU KWENYE VIINITETE

Wanandoa wanaokumbwa na tatizo la kuharibika kwa mimba mara kwa mara au kushindwa kupata ujauzito licha ya kupata matibabu ya uzazi wanaweza kunufaika na maendeleo ya uchunguzi wa vinasaba unaosaidia kubaini hitilafu za kromosomu kwenye viinitete kabla ya kuhamishiwa kwenye mfuko wa uzazi.

Uchunguzi huo unaojulikana kitaalamu kama Preimplantation Genetic Testing for Aneuploidy (PGT-A), hufanyika kwa kuchunguza kromosomu za viinitete vilivyotengenezwa kupitia teknolojia ya urutubishaji nje ya mwili (In-vitro Fertilisation – IVF), ili kusaidia kubaini viinitete vyenye idadi inayotarajiwa ya kromosomu kabla ya kuchagua kiinitete cha kuhamisha kwenye mfuko wa uzazi.

Akizungumza jijini Dar es Salaam, Mkurugenzi wa Nu Life Fertility Centre, Ratheen Rawal, alisema kituo hicho kinaendelea kutumia maendeleo ya tiba ya uzazi ili kusaidia kukabiliana na changamoto za ugumba zinazowakabili wanandoa.

AIRTEL YASOGEZA SULUHISHO ZA KIDIJITALI KWA WAFANYABIASHARA KATIKA MAONESHO YA TANO YA SIDO KAHAMA

Waziri wa Viwanda na Biashara, Judith Kapinga (wa pili kulia), akikabidhi cheti cha ushiriki kwa Mkurugenzi wa Airtel Tanzania anayesimamia Biashara, Joseph Vipond (kushoto), kufuatia udhamini wa kampuni hiyo katika Maonesho ya Tano ya Kitaifa ya SIDO yanayofanyika Kahama, Mkoani Shinyanga. Maonesho hayo yanalenga kukuza biashara na kuhamasisha matumizi ya suluhisho za kidijitali kwa biashara ndogo na za kati (SMEs). Wa nne kutoka kulia ni Katibu Mkuu wa Wizara ya Viwanda na Biashara, Waziri Salum, akiwa pamoja na viongozi wengine wa Serikali na Airtel.

Kahama, Shinyanga; Oktoba 24, 2026 - Airtel Tanzania, kupitia kitengo chake cha huduma kwa biashara cha Airtel Business, imewasogezea wafanyabiashara suluhisho za kidijitali na mawasiliano zinazolenga kuboresha ufanisi wa shughuli zao, kupunguza gharama za uendeshaji na kukuza biashara.

Suluhisho hizo zinaangaziwa katika Maonesho ya Tano ya Kitaifa ya Shirika la Kuhudumia Viwanda Vidogo (SIDO), yanayofanyika katika Viwanja vya Magufuli, Manispaa ya Kahama, Mkoa wa Shinyanga, kuanzia Oktoba 21 hadi 30, 2026.

Maonesho hayo ya siku 10 yameandaliwa na Wizara ya Viwanda na Biashara kwa kushirikiana na Ofisi ya Mkuu wa Mkoa wa Shinyanga, yakishirikisha zaidi ya wajasiriamali na wafanyabiashara wadogo 600 kutoka Tanzania Bara na Zanzibar.

Akizungumza wakati wa ufunguzi rasmi wa maonesho hayo, Waziri wa Viwanda na Biashara, Judith Kapinga, alisema Serikali inaendelea na juhudi za kupanua upatikanaji wa mikopo kwa wajasiriamali ili kuwawezesha kukuza biashara zao, kuongeza uzalishaji na kutengeneza ajira.

Alisisitiza umuhimu wa ushirikiano kati ya taasisi za fedha, sekta binafsi na SIDO katika kubuni huduma zinazokidhi mahitaji ya wajasiriamali, hususan katika upatikanaji wa mitaji.

“Lengo la Serikali hii ya Awamu ya Sita ni kuhakikisha huduma hizi zinaendelea kuwafikia wajasiriamali wengi zaidi, hasa wale wenye uwezo wa kuzalisha na kukuza biashara lakini wanaokabiliwa na vikwazo vya kupata fedha za mitaji. Nitumie pia fursa hii kuzihimiza taasisi za fedha kuendelea kushirikiana na Serikali kupitia SIDO katika kubuni huduma zinazozingatia mahitaji ya wajasiriamali wadogo na wa kati ili kuendeleza sekta hii nchini,” alisema Kapinga.

AIRTEL TANZANIA SHOWCASES DIGITAL SOLUTIONS FOR SMEs AT 5TH SIDO NATIONAL EXHIBITION IN KAHAMA

Minister for Industry and Trade, Judith Kapinga (second right), presents a certificate of participation to Airtel Tanzania Director of Business, Joseph Vipond (left), following the company’s sponsorship of the fifth SIDO National Exhibition in Kahama, Shinyanga Region. The exhibition promotes business growth and digital solutions for small and medium-sized enterprises (SMEs). Fourth from right is the Permanent Secretary in the Ministry of Industry and Trade, Waziri Salum, alongside other government and Airtel officials.

Kahama; October 24, 2026 - Airtel Tanzania, through its enterprise division, Airtel Business, is showcasing digital and connectivity solutions designed to support small and medium-sized enterprises (SMEs) at the 5th Small Industries Development Organization (SIDO) National Exhibition in Kahama, Shinyanga Region.

The exhibition, which runs from October 21 to 30, 2026, at Magufuli Grounds in Kahama Municipality, brings together more than 600 entrepreneurs and small enterprises from Mainland Tanzania and Zanzibar.

Organised by the Ministry of Industry and Trade in collaboration with the Office of the Shinyanga Regional Commissioner, the 10-day exhibition provides a platform for entrepreneurs to showcase their products, explore business opportunities and access services that can help strengthen their enterprises.

Speaking at the official opening, Minister for Industry and Trade Judith Kapinga highlighted the government's efforts to expand access to financing to help entrepreneurs grow their businesses, increase production and create employment.

She also called for stronger collaboration between the private sector and SIDO to address challenges facing micro, small and medium-sized enterprises (MSMEs), particularly access to capital.

“The goal of this Sixth Phase Government is to ensure that these services continue reaching more entrepreneurs, particularly those with the capacity to increase production and grow their businesses but who face barriers to accessing capital,” she said.

The Minister urged financial institutions to continue working with the government through SIDO to develop financial services that respond to the needs of MSMEs and support the growth of the sector.

She further called on SIDO to prioritise financing for productive activities that add value, strengthen local industries and generate employment.

VODACOM YAENDELEA KUKUZA GOLF NCHINI, PAUL CHIDALE AIBUKA KINARA VODACOM TANZANIA OPEN 2026

Mkurugenzi wa Vodacom Business, Nguvu Kamando (kulia) akimkabidhi mshindi kutoka Malawi Paul Chidale, tuzo baada ya kutwaa ubingwa wa Vodacom Tanzania Open 2026 jijini Arusha. Chidale alimaliza mashindano hayo kwa mikwaju 289 na kujinyakulia Sh9.35 milioni, akifuatiwa na Mtanzania Nuru Mollel aliyeshika nafasi ya pili kwa mikwaju 293 na Robinson Owiti kutoka Kenya aliyemaliza wa tatu kwa mikwaju 294.

Rais wa chama cha Golf nchini (Tanzania Golf Union - TGU) Gilman Kasiga, akizungumza na waandishi wa habari kuhusu mchango wa Vodacom Tanzania Open katika kukuza ushindani na kuendeleza mchezo wa golf nchini, wakati wa mashindano hayo yaliyofanyika Kili Golf Course jijini Arusha, Oktoba 22 hadi 25, 2026. Mashindano hayo yaliwakutanisha wachezaji kutoka Tanzania na nchi mbalimbali wakishindania zawadi za jumla ya Sh40 milioni.

Mkurugenzi wa Vodacom Business, Nguvu Kamando (kulia) akimkabidhi mchezaji golf kutoka Malawi, Paul Chidale, mfano wa hundi ya Sh9.35 milioni baada ya kutwaa ubingwa wa Vodacom Tanzania Open 2026 jijini Arusha. Chidale alimaliza mashindano hayo ya siku nne kwa jumla ya mikwaju 289, akimzidi Mtanzania Nuru Mollel aliyeshika nafasi ya pili kwa mikwaju 293 na Robinson Owiti kutoka Kenya aliyemaliza nafasi ya tatu kwa mikwaju 294.

Mkuu wa Idara ya Masoko na Uwezeshaji wa Vodacom Tanzania Plc, Joseph Sayi, akishiriki mchezo wa gofu wakati wa mashindano ya Vodacom Tanzania Open 2026 yaliyofanyika jijini Arusha.

Baadhi ya washiriki na wafanyakazi wa Vodacom Tanzania Plc wakiwa kwenye mazoezi wakati wa mashindano ya Vodacom Tanzania Open 2026 yaliyofanyika jijini Arusha katika viwanja vya Kili Golf Club jijini Arusha. Mashindano hayo ya siku nne yaliwakutanisha wachezaji kutoka Tanzania na nchi nyingine mbalimbali, wakishindania zawadi za jumla ya Sh40 milioni.

ABSA AND UNIVERSITY OF DAR ES SALAAM TO HOST THE 2026 BEN-AFRICA CONFERENCE IN TANZANIA

Absa Bank Tanzania Director of Marketing and Corporate Affairs, Aron Luhanga (centre), speaks to journalists in Dar es Salaam today about the BEN-Africa 2026 Conference on Business Ethics in Africa, scheduled to take place in Dar es Salaam on November 5 and 6 this year. On the left is the Director of Marketing and Acting Dean of the University of Dar es Salaam Business School, Dr Robert Suphian. On the right is Absa Bank Tanzania Director of Legal and Compliance, Alistides Kashasira.

Dar es Salaam, 26 October 2026 – Absa Bank Tanzania, in partnership with the Business Ethics Network of Africa (BEN-Africa) and the University of Dar es Salaam, today announced that Tanzania will host the 2026 BEN-Africa Conference from 5–6 November 2026 at the University of Dar es Salaam Business School.

The announcement was made during a media briefing attended by representatives from Absa Bank Tanzania and the University of Dar es Salaam Business School ahead of what is regarded as one of Africa's premier platforms for advancing ethical leadership, good governance and responsible business practices. BEN-Africa, which stands for Business Ethics Network of Africa, was established in 1999 and has become a leading continental network bringing together academics, business leaders, policymakers and civil society to engage on pressing ethical challenges facing Africa.

Absa Bank Tanzania Director of Marketing and Corporate Relations, Aron Luhanga (centre), talks to the Director of Marketing and Acting Dean of the University of Dar es Salaam Business School, Dr Robert Suphian (third from left), in Dar es Salaam today, following a press conference about the BEN-Africa 2026 Conference on Business Ethics in Africa, scheduled to take place in Dar es Salaam on November 5 and 6 this year. Others are Absa Bank Tanzania employees.

Hosted under the theme:

"Contrasting Perspectives on Business Ethics: Afrocentricity and Beyond"

the conference will convene leading thinkers, policymakers, regulators, business executives, academics and ethics practitioners from across Africa to explore how ethical leadership can contribute to sustainable development, responsible business conduct and Africa's long-term prosperity.

The 2026 conference marks a significant milestone, as it will be the third time in the conference's 25-year history that Tanzania hosts the annual gathering, underscoring the country's growing influence in regional conversations around governance, leadership and ethical business conduct.

Speaking on behalf of Absa Bank Tanzania, Alistides Kashasira, Director of Legal & Compliance, said:

"Ethics is not simply a compliance requirement; it is the foundation upon which sustainable institutions, trusted markets and prosperous societies are built. As a proudly African bank, Absa believes ethical leadership and strong governance are essential drivers of inclusive economic growth. Our partnership with BEN-Africa reflects our commitment to promoting integrity, accountability and responsible conduct across the continent."

NMB YAFUNGUA FURSA ZA DHAMANA ZA MABILIONI KWA WADAU WA MADINI

Benki Yatoa Dhamana za Zabuni Hadi Dola Milioni 11 kwa Wadau wa Madini

CHUNYA, MBEYA; Oktoba 26, 2026 — Benki ya NMB imetangaza fursa za kifedha kwa wadau wa sekta ya madini nchini kwa kutoa dhamana za zabuni (Bid Bonds) zisizohitaji dhamana ya mali zenye thamani ya hadi dola za Marekani milioni 11, pamoja na dhamana za malipo ya awali (Advance Payment Guarantees) na utekelezaji wa mikataba (Performance Guarantees) za hadi Shilingi bilioni 11.

Huduma hizo zinalenga kuwawezesha wachimbaji, wafanyabiashara na watoa huduma katika migodi kushiriki zabuni kubwa na kutekeleza mikataba ya biashara kwa ufanisi zaidi.

Akizungumza katika hafla ya NMB Business Executive Network iliyowakutanisha wachimbaji wa dhahabu na wadau wa sekta ya madini kutoka Chunya mkoani Mbeya na Songwe, Afisa Mkuu wa Wateja Binafsi na Biashara wa Benki ya NMB, Filbert Mponzi, amesema huduma hizo zinalenga kupunguza vikwazo vya kifedha vinavyowakabili wafanyabiashara na watoa huduma migodini.

Mponzi amesema benki itaendelea pia kutoa elimu ya fedha ili kuwasaidia wateja kusimamia biashara zao kwa ufanisi, kuimarisha uwezo wao wa kifedha na kutumia fursa zilizopo katika sekta ya madini.

Kwa upande wake, Meneja wa NMB Kanda ya Nyanda za Juu, Wogofya Mfalamagoha, amesema shughuli za uchimbaji madini zimefungua fursa mbalimbali za ajira na biashara, hali inayochochea benki kuimarisha ushirikiano wake na wadau wa sekta hiyo.

Naye mwakilishi wa Chama cha Watoa Huduma Migodini (TAMISA), Gilbo Thomas, amesisitiza umuhimu wa upatikanaji wa vifaa vya uchimbaji madini ili kuongeza tija na kuboresha shughuli za wachimbaji.

Wakati huo huo, mwakilishi wa Chama cha Wachimbaji Madini Mkoa wa Mbeya (MBEREMA), Saddam Kyando, ameiomba NMB kuangalia uwezekano wa kutumia leseni za uchimbaji madini kama dhamana ya mikopo kwa wachimbaji wadogo, hatua inayoweza kuwasaidia kupata mitaji ya kuendeleza shughuli zao.

BENKI YA EXIM TANZANIA YATOA ELIMU NA HUDUMA ZA UCHUNGUZI WA SARATANI YA MATITI BILA MALIPO

Meneja Mkuu wa Masoko na Mawasiliano wa Benki ya Exim Tanzania, Kauthar D’souza, akiwa katika hatua mojawapo ya uchunguzi wa saratani ya matiti wakati wa zoezi la uhamasishaji lililoandaliwa na benki hiyo kupitia programu ya Exim Cares, kwa kushirikiana na wataalamu kutoka Taasisi ya Saratani Ocean Road, jijini Dar es Salaam, tarehe 23 Oktoba 2026. Zoezi hilo liliwapa wafanyakazi wa benki hiyo na wanajamii wanaoizunguka fursa ya kupata elimu na huduma za uchunguzi bila malipo, ikiwa ni sehemu ya maadhimisho ya Mwezi wa Uhamasishaji kuhusu Saratani ya Matiti, unaoadhimishwa kila Oktoba kwa lengo la kuhamasisha utambuzi wa mapema na matumizi ya taarifa sahihi za afya.

Dar es Salaam - Oktoba 23, 2026: Benki ya Exim Tanzania, kupitia programu yake ya uwajibikaji kwa jamii ya Exim Cares, imetoa elimu na huduma za uchunguzi wa saratani ya matiti bila malipo kwa wafanyakazi wake na wanajamii wanaoizunguka, katika makao makuu ya benki hiyo jijini Dar es Salaam.

Zoezi hilo lililofanyika Oktoba 23, 2026, ni sehemu ya maadhimisho ya Mwezi wa Uhamasishaji kuhusu Saratani ya Matiti, unaoadhimishwa kila Oktoba kwa lengo la kuongeza uelewa kuhusu ugonjwa huo na kuhimiza utambuzi wa mapema.

Kupitia wataalamu kutoka Taasisi ya Saratani Ocean Road, washiriki walipata elimu kuhusu dalili na mabadiliko yanayoweza kuashiria saratani ya matiti, umuhimu wa tathmini ya kitabibu na hatua za kuchukua wanapobaini mabadiliko yasiyo ya kawaida. Juhudi hizo pia zililenga kupunguza hofu na dhana potofu zinazoweza kuchelewesha upatikanaji wa huduma za afya.

Kwa mwaka 2026, Mwezi wa Uhamasishaji kuhusu Saratani ya Matiti unaambatana na kaulimbiu “Kila simulizi ni ya kipekee, kila hatua ina thamani,” inayosisitiza umuhimu wa taarifa sahihi, huduma zinazofaa na msaada kwa watu walioathiriwa na ugonjwa huo.

Hatua hiyo inakuja wakati saratani ya matiti ikiendelea kuwa changamoto ya afya duniani na nchini Tanzania. Kwa mujibu wa Shirika la Kimataifa la Utafiti wa Saratani (IARC), makadirio ya mwaka 2024 yanaonesha kuwa kulikuwa na visa vipya takribani milioni 2.43 vya saratani ya matiti duniani. Nchini Tanzania, wanawake takribani 3,024 walikadiriwa kugundulika na ugonjwa huo, huku vifo 1,492 vikikadiriwa kutokana na saratani ya matiti katika mwaka huo.

NMB NA CMC WAZINDUA KAMPENI YA MATREKTA KWA WAKULIMA WA KOROSHO MTWARA, RC MSENGI AITAKA NMB KUTOA ELIMU

Mtwara - Oktoba 23, 2026: Benki ya NMB kwa kushirikiana na CMC Agri Limited imezindua kampeni ya Korosho Yangu, Benki Yangu mkoani Mtwara, inayolenga kuhamasisha wakulima wa korosho kuongeza amana benki huku wakipata fursa ya kushinda matrekta, pikipiki na zawadi za fedha katika msimu wa korosho wa 2026/2027.

Kupitia kampeni hiyo, vyama vikuu vitano vya ushirika vitashindania matrekta, vyama vya msingi vya ushirika vya wakulima (AMCOS) vitashindania pikipiki, huku wakulima mmoja mmoja wakipata fursa ya kujishindia zawadi za fedha kwa kuongeza amana zao benki, kwa kuzingatia masharti ya kampeni.

Akizindua kampeni hiyo, Mkuu wa Mkoa wa Mtwara, Kanali Donald Msengi, amesema matrekta yatakayopatikana kupitia kampeni hiyo yanaweza kusaidia kupunguza changamoto za usafirishaji wa pembejeo za kilimo na korosho, hususan katika maeneo yenye miundombinu duni.

RC Msengi ameitaka NMB kutoa elimu ya kutosha kwa wakulima kuhusu masharti ya kampeni hiyo na upatikanaji wa mikopo ili kuwawezesha kuelewa fursa zinazopatikana na kuzitumia ipasavyo.

Aidha, ameshauri benki hiyo kuangalia uwezekano wa kuwasaidia wakulima kupata mikopo itakayowawezesha kulipia bima ya afya kabla ya msimu wa mavuno, hatua inayoweza kuwasaidia kukabiliana na gharama za huduma za afya.

Kwa upande wake, Mkuu wa Idara ya Kilimo Biashara wa NMB, Nsolo Mlozi, amesema matrekta yatakayoshindaniwa kupitia kampeni hiyo yatasaidia kurahisisha shughuli mbalimbali za kilimo, ikiwemo usafirishaji wa korosho, unyunyiziaji wa dawa na maandalizi ya mashamba.

Ameeleza kuwa washindi watapatikana kwa kuzingatia vigezo vilivyowekwa, vikiwemo kiwango cha amana, miamala inayofanyika kupitia benki hiyo na masharti mengine ya kampeni.

Naye Meneja wa CMC Agri Limited Tanzania, Stuart Leishman, amesema matumizi ya zana za kisasa za kilimo ni muhimu katika kuongeza tija, kurahisisha shughuli za mashambani na kuboresha uzalishaji wa wakulima.

THE COCA-COLA SYSTEM DRIVES USD 3.6 BILLION ECONOMIC IMPACT AND SUPPORTS OVER 458,200 JOBS ACROSS COMESA REGION, STUDY REVEALS

Alfred Olajide, Vice President of East and Central Africa Operations at Coca-Cola, speaks during the 19th COMESA Business Forum, a major economic platform for promoting trade and regional integration. During the forum, the Coca-Cola system unveiled the results of a new study showcasing its significant economic contributions to the COMESA region.

• In 2024, the Coca-Cola system contributed USD 3.6 billion in value-added economic activity across the COMESA region.

• The Coca-Cola system and its value chain supported over 458,200 direct and indirect jobs across the region in sectors including agriculture, manufacturing, retail, transport, and services.

• The system spent almost USD 1.5 billion on goods and services from suppliers in COMESA member countries, driving local industry growth and economic resilience.

Dar es Salaam, Tanzania, 23 October 2026 – During the 19th COMESA Business Forum, a major economic platform for promoting trade and regional integration, the Coca-Cola system unveiled the results of a new study showcasing its significant economic contributions to the COMESA region. The study was conducted by global consultancy Steward Redqueen and highlights the transformative role Coca-Cola plays in fostering economic progress, creating employment, and supporting local industries.

“As this study shows, the Coca-Cola system continues to deliver substantial economic impact in COMESA, creating opportunities through local partnerships, investments, and supply chains,” said Luis Felipe Avellar, President of Coca-Cola's Africa Operating Unit.

“The 19th COMESA Business Forum is an important platform to showcase how businesses like those that comprise the Coca-Cola system contribute to sustainable economic development in Africa.”

The 19th COMESA Business Forum has brought together leaders from across the region to discuss trade, innovation, and economic growth. Coca-Cola’s active participation as a key collaborator demonstrates its alignment with the forum’s mission of building stronger economic ties across the region’s 21 member countries.

The study revealed that the Coca-Cola system, incorporating its network of bottlers, suppliers, distributors, and retailers, contributed USD 3.6 billion to the region’s combined GDP in 2024, representing 0.3% of COMESA’s GDP. Through direct employment and its value chain, the system supported over 458,200 jobs.

“For every direct job created by the Coca-Cola system in COMESA, an additional 28 jobs are supported throughout the regional economy,” noted Avellar.

CRDB YAFUNGUA MILANGO YA BIASHARA ZA KIMATAIFA NA HUDUMA BUNIFU ZA KIDIJITALI KUPITIA USHIRIKIANO NA SINGAPORE

Singapore; Oktoba 22, 2026 – Kundi la Benki ya CRDB limefanya mazungumzo ya kimkakati nchini Singapore kwa lengo la kufungua fursa mpya za biashara za kimataifa, kuimarisha ufanisi wa shughuli za benki na kuendeleza huduma bunifu za kidijitali kwa wateja wake.

Mazungumzo hayo yameongozwa na Mwenyekiti wa Bodi ya Wakurugenzi ya CRDB Bank Group, Prof. Neema Mori, pamoja na Mkurugenzi Mtendaji wa Kundi hilo, Dkt. Abdulmajid Nsekela, na kuhusisha taasisi za benki, wabunifu wa teknolojia za kifedha na taasisi za elimu.

Katika mazungumzo hayo, viongozi hao wamejadili namna ya kutumia teknolojia za kisasa, ikiwemo akili unde (AI), kuboresha utoaji wa huduma za kifedha, kupunguza muda wa kushughulikia maombi ya mikopo, kurahisisha malipo ya kimataifa na kuimarisha usalama wa huduma za kidijitali.

Akizungumza wakati wa ziara hiyo, Prof. Mori amesema CRDB Bank Group inalenga kutumia ubunifu wa kiteknolojia kuongeza ufanisi wa shughuli zake, kuimarisha usalama na kuongeza thamani inayotolewa kwa wateja.

Amesisitiza pia umuhimu wa utawala bora na usimamizi wa vihatarishi katika kuhakikisha matumizi ya teknolojia yanaenda sambamba na ulinzi wa maslahi ya wateja, uaminifu na ubora wa huduma za benki.

Kwa upande wake, Dkt. Nsekela amesema ushirikiano huo unalenga kuwezesha utoaji wa huduma za kifedha zilizo za haraka, rahisi na zinazopatikana kwa wateja bila kujali mahali walipo.

CRDB BANK TAPS SINGAPORE’S INNOVATION HUB TO UNLOCK NEW TRADE AND DIGITAL BANKING OPPORTUNITIES

Singapore - October 22, 2026: CRDB Bank Group is strengthening its international partnerships and digital banking capabilities following strategic engagements in Singapore aimed at expanding trade opportunities, improving operational efficiency and enhancing customer experience.

The engagements brought together CRDB Bank Group’s Board and Management, led by Board Chairperson Prof. Neema Mori and Group Chief Executive Officer and Managing Director Dr. Abdulmajid Nsekela, with banking institutions, fintech innovators and academic institutions in Singapore.

The discussions explored how emerging technologies, particularly artificial intelligence (AI), can transform banking operations by streamlining service delivery, shortening loan processing times, accelerating international payments and strengthening the security of digital banking services.

Speaking during the visit, Prof. Mori said CRDB Bank aims to leverage innovation to improve operational efficiency, enhance security and deliver greater value to its customers.

She also underscored the importance of strong corporate governance and effective risk management in ensuring that technological advancements strengthen customer trust and improve service quality.

Dr. Nsekela said the potential collaborations are intended to deliver faster, simpler and more accessible banking services, enabling customers to access financial solutions wherever they are.

AKIBA COMMERCIAL BANK APPOINTS GEORGE R. SHUMBUSHO AS NEW CHIEF EXECUTIVE OFFICER

Dar es Salaam, Tanzania – Akiba Commercial Bank Plc has appointed Mr. George R. Shumbusho as its new Chief Executive Officer (CEO), effective October 15, 2026, as the bank seeks to strengthen its strategic priorities, enhance customer experience and drive sustainable profitability.

Mr. Shumbusho brings more than 20 years of experience in the financial services sector, with expertise spanning financial markets, treasury, commercial banking, capital markets, investment advisory and executive leadership.

Before joining Akiba Commercial Bank Plc, he served as Chief Executive Officer of Tanzania Securities Limited, where he spearheaded strategic transformation initiatives focusing on technology, processes, people, branding and capital market development.

He previously served as CEO of Mkombozi Commercial Bank Plc, leading institutional transformation, expanding the branch network and strengthening strategic partnerships.

His extensive professional background also includes senior leadership positions at Exim Bank Tanzania Limited, Stanbic Bank Tanzania Limited, Standard Chartered Bank Tanzania Limited and NMB Bank Tanzania.

MAKAMU RAIS BOLT FOR BUSINESS APONGEZA USHIRIKIANO UNAOWAWEZESHA WATANZANIA KUSAFIRI NA KULIPA BAADAYE

Dar es Salaam, Oktoba 21, 2026 – Bolt na Vodacom Tanzania, kupitia huduma ya M-Pesa, wamezindua huduma mpya ya Ride Now, Pay Later, inayowawezesha wateja wanaokidhi vigezo kutumia huduma za usafiri za Bolt na kulipia safari zao baadaye kupitia mkopo wa MGODI.

Huduma hiyo, ambayo ni ya kwanza ya aina yake nchini Tanzania, inawawezesha wateja kutumia kiwango cha mkopo walichopangiwa kupitia MGODI kulipia safari za Bolt na kurejesha fedha hizo kwa Vodacom baadaye.

Zaidi ya kurahisisha malipo ya usafiri, huduma hiyo inatarajiwa kupanua fursa za Watanzania kupata usafiri kwa ajili ya shughuli zao za kila siku, zikiwemo kwenda kazini, kukutana na wateja, kufanya manunuzi, kuhudhuria mikutano na kutekeleza shughuli mbalimbali za biashara.

Kwa kuondoa kikwazo cha kuhitaji fedha taslimu au fedha za kutosha wakati wa kuanza safari, huduma ya Ride Now, Pay Later inatoa fursa kwa wataalamu, wajasiriamali na wafanyabiashara wadogo kuendelea na shughuli zao hata wanapokabiliwa na changamoto za muda mfupi za mtiririko wa fedha.

Makamu wa Rais wa Bolt for Business, Karla Agan, alisema huduma hiyo inaunganisha sekta ya usafiri na teknolojia ya kifedha kwa namna inayoweza kuboresha maisha ya kila siku ya watu.

“Ride Now, Pay Later inaunganisha huduma za usafiri na teknolojia ya kifedha kwa njia inayogusa moja kwa moja maisha ya kila siku. Tunaamini kuondoa vikwazo vya malipo kunaweza kuwasaidia watu wengi zaidi kushiriki katika shughuli za kiuchumi huku wakipata usafiri unaopatikana kwa urahisi na unaoaminika,” alisema Agan.

 

Akizungumza wakati wa uzinduzi wa huduma hiyo, Kaimu Mkurugenzi wa M-Pesa, Tulisindo Rashid, alisema ushirikiano huo unaonesha namna huduma za kifedha za kidijitali zinavyoweza kusaidia kutatua changamoto zinazowakabili watu katika maisha yao ya kila siku.

“Wateja sasa wanaweza kutumia mkopo wao wa MGODI kupata usafiri katika nyakati muhimu ambapo hawana fedha mkononi lakini wanahitaji kusafiri,” alisema Rashid.