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Friday, 14 March 2025

EXCITING CAREER OPPORTUNITIES AT NATIONAL BANK OF COMMERCE (NBC)


National Bank of Commerce (NBC) is one of the leading commercial banks in Tanzania, offering a range of financial services to individuals, businesses, and corporations. It is known for its extensive network, innovative banking solutions, and strong presence in the Tanzanian banking sector.

The following vacancies are currently available;
  • Lending Analytics & Modelling Lead - Head Office, Dar es Salaam (Closing date; 19 March 2025)
  • SME Credit Officer - Head Office, Dar es Salaam (Closing date; 19 March 2025)

CLICK HERE TO APPLY > > >

NMB YABUNI MFUMO WA KIDIJITALI WA KUSIMAMIA MATUMIZI YA FEDHA ZA UMMA


Benki ya NMB, kwa kushirikiana na Ofisi ya Rais – TAMISEMI, imebuni na kuzindua mfumo wa kisasa wa kidijitali wenye lengo la kusaidia Mamlaka za Serikali za Mitaa kusimamia kwa ufanisi matumizi ya fedha za umma.


Mfumo huu wa benki mtandao, ambao ni wa kwanza wa aina yake nchini, ulizinduliwa rasmi jana (Alhamisi) jijini Dodoma na kupokelewa kwa shangwe na wadau mbalimbali, wakiwemo Waweka Hazina na Wahasibu kutoka Halmashauri 184 nchini.


Akizungumza wakati wa uzinduzi huo, Mkuu wa Idara ya Biashara ya Serikali, Bi Vicky Bishubo, alibainisha kuwa mfumo huu ni sehemu ya juhudi za pamoja kati ya NMB na Serikali katika kuboresha huduma za kifedha, kuongeza uwazi kiutendaji, na kuimarisha usimamizi wa fedha za umma.


Hatua hii ni sehemu ya jitihada za NMB na TAMISEMI katika kuleta mageuzi ya kidijitali ndani ya sekta ya umma. Lengo ni kuhakikisha mifumo ya kifedha inakwenda sambamba na teknolojia za kisasa kwa manufaa ya taifa,” alisema Bi Bishubo.


Miongoni mwa faida za uwekezaji huu ni utaratibu mzima kuongeza ufanisi kwa kurahisisha usimamizi wa fedha za umma, kudhibiti upotevu wa fedha kwa kupunguza mianya ya upotevu wa fedha za umma, na kuimarisha uwajibikaji kwani mfumo unaruhusu ukaguzi wa fedha kufanyika kwa wepesi.


Bi Bishumo alisema faida nyingine kubwa ni kuongeza uwazi na kuchochea ukuaji wa uchumi wa kidijitali kwa kusaidia kuendeleza matumizi ya teknolojia za kisasa katika sekta ya fedha.

NMB ENHANCES PUBLIC FUNDS MANAGEMENT WITH INNOVATIVE DIGITAL FINANCE SOLUTION


NMB Bank, in partnership with the President’s Office – Regional Administration and Local Government (PO-RALG), has officially launched a novel digital banking solution designed to revolutionize financial management across local council entities.


Speaking at the launch event in Dodoma, the lender’s Head of Government Business & Capital Office, Ms Vicky Bishubo, highlighted that the digital finance initiative represents a major milestone in the country’s digital transformation journey toward a cash-lite economy.


She said that the transformative online banking service provides local government authorities (LGAs) with a unique opportunity to enhance public fund management, strengthen financial transparency, and significantly cut overhead operational costs, ultimately improving service delivery and fiscal efficiency.


This digital solution will enable local government authorities to access real-time financial data, streamline transactions, and enhance accountability in public fund management,” Ms Bishubo pointed out.


She further emphasized that the solution also facilitates a wide range of online payment services and transactions


Given its robust capabilities, we urge the Government to broaden the range of services available to councils, enabling them to fully harness this advanced internet banking system for enhanced efficiency and improved public financial management," she added.


The digital banking solution was designed to address challenges faced by LGAs and their affiliated institutions in accessing banking services, such as officials having to make long and costly trips to bank branches just to retrieve basic account information or process transactions.


With this new system, they can now monitor government expenditures, view account balances, and access transaction statements remotely,” Ms Bishubo stated.

BANK OF TANZANIA MONTHLY ECONOMIC REVIEW, FEBRUARY 2025

The Bank of Tanzania's Monthly Economic Review for February 2025 provides an in-depth analysis of the nation's economic performance as of January 2025.

Overall, the report indicates a stable economic environment in Tanzania, characterized by controlled inflation, effective monetary policies, and positive external sector performance.

YOUR HARD-EARNED MONEY, SAFE OR AT RISK? THE BATTLE AGAINST FRAUD

By Agapinus Tax, Risk & Compliance Director, Vodacom Tanzania PLC.

Mobile money has revolutionized financial transactions in Tanzania, providing millions with unprecedented access to financial services and reshaping the country’s economic landscape. With over 72% of Tanzanians now using mobile money platforms like M-Pesa, Mixx by Yas, and Airtel Money, according to the FinScope Tanzania 2023 report, these services have become essential lifelines. Yet, this transformative success story faces an urgent and growing threat: AI-driven fraud. As fraudsters leverage advanced technology to outpace traditional security measures, Tanzania’s digital economy stands at a crossroads. The decisions made today will determine whether mobile money continues to empower or becomes a vulnerability.

Advancing technology has dramatically shifted the landscape of cybercrime, enabling criminals to launch more convincing and harder-to-detect scams. The World Economic Forum’s Global Cybersecurity Outlook 2025 reveals that nearly half of surveyed organizations view adversarial AI, including deepfakes and AI-generated phishing schemes, as their top security concern. In Tanzania, where mobile money transactions are woven into everyday life, these threats hit very close to home. Scammers now use generative AI to mimic customer service agents, financial institutions, and even government agencies, fooling unsuspecting users into revealing sensitive information like PINs and passwords. The alarming rise in such tactics has been reflected in statistics from the Tanzania Communications Regulatory Authority (TCRA), which reports mobile money fraud cases increasing from 12,603 in late 2022 to 21,788 by the end of 2023. Behind these numbers are thousands of individuals—many of them women, the elderly, and rural residents—whose livelihoods are at stake.

TANZANIA'S REVENUE SOARS BY 78%: STRATEGIC REFORMS FUEL RECORD GROWTH


Over the past four years, Tanzania's revenue collection has experienced a significant 78% increase, attributed to comprehensive reforms within the Tanzania Revenue Authority (TRA) under President Samia Suluhu Hassan's 4Rs philosophy—Reconciliation, Reforms, Resilience, and Rebuilding.

In the eight-month period from July 2024 to February 2025, TRA collected 21.2 trillion Tanzanian shillings, surpassing the targeted 20.42 trillion shillings and achieving a 104% success rate. This marks a substantial rise from the 11.92 trillion shillings collected during the same period in the 2020/2021 financial year, prior to President Samia's tenure.

Key factors contributing to this growth include:
  • Professional Tax Collection and Expanded Tax Base: TRA emphasized professionalism and broadened the tax base, aligning with President Samia's directives.
  • Enhanced Business and Investment Environment: Collaborations with the Tanzania Investment Centre (TIC) led to improvements in the business climate and reductions in bureaucratic hurdles.
  • Increased VAT Refunds: VAT refunds escalated from 92.37 million shillings in the first eight months of 2020/2021 to approximately 1.2 trillion shillings in the same period of 2024/2025, reflecting enhanced efficiency.
  • Investment in ICT: Upgrades to tax management systems have streamlined processes, bolstering revenue collection and settlements.
  • Workforce Expansion: TRA's staff increased by 2,240 over four years, totaling 6,989 employees by March 2025, with plans to recruit an additional 1,596 by June 2025 to further enhance service delivery.
These strategic measures have collectively strengthened Tanzania's financial sector, positioning the country for sustained economic growth.

Thursday, 13 March 2025

DKT. NCHEMBA ASHIRIKI MKUTANO WA 50 WA BODI YA WADHAMINI YA BENKI YA EADB

Waziri wa Fedha, Mhe. Dkt. Mwigulu Lameck Nchemba (Mb) (kushoto), akisalimiana na Waziri wa Fedha wa Kenya, Mhe. Ng’ongo John Mbadi, wakati walipokutana katika Mkutano wa 50 wa Bodi ya Wadhamini (Governing Council) ya Benki ya Maendeleo ya Afrika Mashariki (EADB), uliofanyika tarehe 13 Machi 2025, katika Hoteli ya Serena, jijini Kampala-Uganda. Mkutano huo uliwashirikisha Wadhamini na Wajumbe wa Bodi ya Wakurugenzi wa Benki hiyo wakiongozwa na Mwenyekiti wa Bodi ambaye pia ni Kamishna wa Idara ya Maendeleo ya Sekta ya Fedha, Wizara ya Fedha Tanzania, Dkt. Charles Mwamwaja na Kaimu Mkurugenzi Mtendaji wa Benki hiyo, Bw. Benard Mono.
Waziri wa Fedha, Mhe. Dkt. Mwigulu Lameck Nchemba (Mb) (kushoto), akisalimiana na kufurahi na Waziri wa Fedha wa Uganda, Mhe. Matia Kasaija, wakati walipokutana katika Mkutano wa 50 wa Bodi ya Wadhamini (Governing Council) ya Benki ya Maendeleo ya Afrika Mashariki (EADB), uliofanyika tarehe 13 Machi 2025, katika Hoteli ya Serena, jijini Kampala-Uganda. Mkutano huo uliwashirikisha Wadhamini na Wajumbe wa Bodi ya Wakurugenzi wa Benki hiyo wakiongozwa na Mwenyekiti wa Bodi ambaye pia ni Kamishna wa Idara ya Maendeleo ya Sekta ya Fedha, Wizara ya Fedha Tanzania, Dkt. Charles Mwamwaja na Kaimu Mkurugenzi Mtendaji wa Benki hiyo, Bw. Benard Mono.
Waziri wa Fedha, Mhe. Dkt. Mwigulu Lameck Nchemba (Mb) (wa kwanza kushoto), na Mawaziri wenzake wa Fedha, Mhe. Matia Kasaija (Uganda) (wa pili kushoto), Mhe. Ng’ongo John Mbadi (Kenya)(wa kwanza kulia) na Mhe. Yusuf Murangwa (Rwanda)(wa pili kulia), wakiteta jambo wakati walipokutana kabla ya kuanza kwa Mkutano wa 50 wa Bodi ya Wadhamini (Governing Council) ya Benki ya Maendeleo ya Afrika Mashariki (EADB), unaofanyika leo tarehe 13 Machi 2025, katika Hoteli ya Serena, jijini Kampala-Uganda. Mkutano huo uliwashirikisha Wadhamini na Wajumbe wa Bodi ya Wakurugenzi wa Benki hiyo wakiongozwa na Mwenyekiti wa Bodi ambaye pia ni Kamishna wa Idara ya Maendeleo ya Sekta ya Fedha, Wizara ya Fedha Tanzania, Dkt. Charles Mwamwaja na Kaimu Mkurugenzi Mtendaji wa Benki hiyo, Bw. Benard Mono.

NMB YAFUTURISHA ZANZIBAR, IKIAHIDI 'KULEA' YATIMA 106 MWEZI WA RAMADHANI


Serikali ya Mapinduzi ya Zanzibar (SMZ), imekiri kuvutiwa na mchango mkubwa wa Benki ya NMB kwa makundi mbalimbali ya kijamii, ikiwemo kusaidia utatuzi wa changamoto za Watoto Yatima na Wanaoishi Kwenye Mazingira Magumu, iliyoutaja kuwa ndio siri ya mafanikio yaliyotukuka ya benki hiyo inayopata siku baada ya siku.



Hayo yamesemwa na Spika wa Baraza la Wawakilishi Zanzibar (BLW), Zubeir Ali Maulid, kwa niaba ya Makamu wa Pili wa Rais wa Zanzibar, Hemed Suleiman Abdulla, wakati wa Hafla ya Iftar iliyoandaliwa na NMB kwa ajili ya wateja wao, viongozi wa Serikali, wa dini na Watoto Yatima na Wanaoishi Mazingira Magumu Zanzibar.



Iftar hiyo iliyofanyika Jumatano Machi 12 mjini Unguja, ilijumuisha takribani watoto 70 kati ya 106 wanaolelewa na Kidundo Orphanage (30) na Muftuh Foundation (76) vya Zanzibar, ambapo NMB iliwakabidhi misaada mbalimbali ya vyakula na kuweka ahadi ya kuwahudumia watoto hao katika mwezi mzima wa Ramadhani.



Kwa niaba ya Makamu wa Pili wa Rais wa Zanzibar, Spika Maulid aliishukuru NMB kwa kujali makundi mbalimbali ya kijamii, hususani ya Watoto Wenye Uhitaji na kwamba moyo wa kutoa na kuthamini vijana hao, umesaidia kuifanya benki hiyo kupata mafanikio makubwa na kushinda Tuzo za Kitaifa na Kimataifa, ikiwemo ya Mlipa Kodi Bora Mwaka 2024.



Serikali ya Zanzibar inatambua na kuthamini mchango wenu katika makundi mbalimbali sio tu ya wajasiriamali, wafanyabiashara na wateja wenu kwa ujumla, bali pia Watoto Yatima na Wanaoishi Mazingira Magumu, moyo huo ndio siri wa mafanikio makubwa mnayoyapata siku hadi siku.



Tunatamani kuona taasisi nyingi, wadau mbalimbali wakijitokleza kufuata nyazo za NMB katika kuwashika mkono watoto wenye uhitaji nchini ili kuwaendeleza katika maisha yao, jambo hili sio tu linaleta furaha ma ujira mwema, bali linatusukuma kukumbuka wajibu wetu wa kusaidiana,” alisema Spika Maulid katika hafla hiyo.



NMB BANK HOSTS IFTAR EVENT FOR MUSLIM COMMUNITY IN ZANZIBAR


The Revolutionary Government of Zanzibar (SMZ) has commended NMB Bank for contributing to community development, including humanitarian aid to needy people, including orphans and vulnerable children.



Speaking during an Iftar event organized by NMB for customers and various people, including orphans and vulnerable children, the Zanzibar House of Representatives (BLW) Speaker, Mr. Zubeir Ali Maulid, said the bank's contribution to the community is one of the secrets of its success in the country's financial sector.



Speaker Maulid, who was representing the Second Vice President of Zanzibar, Mr. Hemed Suleiman Abdulla, told more than 600 participants from various community groups including religious and Government officials that NMB's participation in social development is among the bank’s success secrets in National and International awards, including the Best Taxpayer for the Year 2024.



The Revolutionary Government of Zanzibar recognizes and appreciates NMB Bank's contribution to various groups ranging from entrepreneurs, its customers, orphans and the; actually, this is one of the Bank’s great success secrets,” said Speaker Maulid



The House of Representatives leader said; “We wish to see other stakeholders coming forward to follow in the footsteps of NMB in supporting needy children in the country, this will not only bring joy, but also remind others of their responsibility in helping each other.



More than 180 children from Kidundo Orphanage Center and Muftuh Foundation centers, both in Zanzibar attended the Iftar event held in Unguja on Wednesday, 12 March 2025.

Wednesday, 12 March 2025

EXCITING CAREER OPPORTUNITIES AT CRDB BANK PLC


At CRDB Bank, we are a collection of people who believe in quality. We are always looking for new talent and we hire people who have the desire to succeed and the willingness to exercise the discipline required to succeed. We focus on developing talent and providing our team with an environment that is conducive to creative thinking.

A career at CRDB Bank offers you exciting opportunities in one of Africa’s fast-growing financial institutions.

The following vacancies are currently available;
  • Specialist Digital Channels Systems - Burundi Head Office (Closing date; 18 March 2025)
  • IT Support Officer - Tanzania Head Office (Closing date; 21 March 2025)

NBC NA HALMASHAURI KUSHIRIKIANA KUDHIBITI UPOTEVU WA MAPATO, KUUNGA MKONO AGIZO LA RAIS SAMIA

Mkuu wa Idara ya Sekta ya Umma Benki ya NBC, Bi Joyce Maruba (kulia) akizungumza na baadhi ya washiriki wa Mkutano Mkuu wa 39 wa Jumuiya ya Tawala za Mitaa (ALAT) waliotembelea banda la maonesho ya huduma za benki hiyo lililopo kwenye viunga vya Ukumbi wa Mikutano wa Jakaya Kikwete jijini Dodoma unaponyika mkutano huo. Benki ya NBC ni mmoja wa wadhamini muhimu wa mkutano huo.
Mkuu wa Idara ya Sekta ya Umma Benki ya NBC, Bi Joyce Maruba (kulia) akizungumza na Naibu Waziri wa Nchi, Ofisi ya Rais – Tawala za Mikoa na Serikali za Mitaa (TAMISEMI), Bi Zainab Katimba wakati wa Mkutano Mkuu wa 39 wa Jumuiya ya Tawala za Mitaa (ALAT) unaofanyika Ukumbi wa Mikutano wa Jakaya Kikwete jijini Dodoma.
Meneja Mahusiano Wateja Binafsi, Benki ya NBC Bi Zawadi Kanyawana (kulia) akisalimiana na baadhi ya washiriki wa Mkutano Mkuu wa 39 wa Jumuiya ya Tawala za Mitaa (ALAT) waliotembelea banda la maonesho ya huduma za benki hiyo lililopo kwenye viunga vya Ukumbi wa Mikutano wa Jakaya Kikwete jijini Dodoma unaponyika mkutano huo. 
Mkuu wa Idara ya Sekta ya Umma Benki ya NBC, Bi Joyce Maruba (katikati) sambamba na wafanyakazi wengine wa benki hiyo wakiwa tayari kuwahudumia washiriki wa Mkutano Mkuu wa 39 wa Jumuiya ya Tawala za Mitaa (ALAT) kwenye banda la maonesho ya huduma za benki hiyo lililopo kwenye viunga vya Ukumbi wa Mikutano wa Jakaya Kikwete jijini Dodoma unaponyika mkutano huo.
Rais wa Jamhuri ya Muungano wa Tanzania, Samia Suluhu Hassan (katikati walioketi) akiwa kwenye picha ya pamoja na taasisi wadhamini wa Mkutano Mkuu wa 39 wa Jumuiya ya Tawala za Mitaa (ALAT) wakati wa hafla fupi ya uzinduzi wa mkutano huo uliofanyika kwenye Ukumbi wa Mikutano wa Jakaya Kikwete jijini Dodoma jana. 

Dodoma, 12 Machi 2025: Benki ya Taifa ya Biashara (NBC) imesisitiza dhamira yake ya kushirikiana na halmashauri pamoja na mamlaka zote za tawala za mikoa na serikali za mitaa katika kuboresha ukusanyaji wa mapato kwa njia za kidijitali na kuongeza uwazi katika mifumo ya fedha ikiwa ni sehemu ya utekelezaji wa agizo la Rais Samia Suluhu Hassan linalozitaka mamlaka hizo kukabiliana na upotevu wa mapato ya serikali.



Akizungumza jana jijini Dodoma katika Mkutano Mkuu wa 39 wa Jumuiya ya Tawala za Mitaa (ALAT), Rais Samia alimwagiza Waziri wa Nchi, Ofisi ya Rais – Tawala za Mikoa na Serikali za Mitaa (TAMISEMI), Mohamed Mchengerwa, pamoja na wakurugenzi wa halmashauri kuhakikisha wanasimamia vyema ukusanyaji wa mapato ili kubaini wahusika na kuchukua hatua.



Kufuatia agizo hilo la Rais Samia, Benki ya NBC ambayo ni mmoja wa wadhamini muhimu wa Mkutano wa ALAT na mdau wa huduma za kifedha kwa halmashauri hizo, kupitia kwa Mkuu wa Idara yake ya Sekta ya, Umma Bi Joyce Maruba alielezea mkakati wa ushirikiano na halmashauri hizo kuhakikisha agizo hilo la Rais linatekelezwa kwa urahisi zaidi kupitia huduma zake kisasa kwa njia ya kidigitali hususani katika ukusanyaji wa mapato hayo ya serikali.



Agizo hili la Rais limekuja wakati muafaka ambapo ni hivi karibuni tu Waziri Mkuu Kassim Majaliwa alituzindulia rasmi huduma yetu kidijitali ya ‘NBC Kiganjani’ ambayo imeboreshwa zaidi ikiwa inalenga kuwarahisishia watanzania upatikanaji wa huduma mbalimbali za kifedha ikiwemo malipo mbalimbali ya serikali na hivyo kuihakikishia serikali uhakika wa kupokea makusanyo yake kwa urahisi, uwazi na bila upotevu wowote.’’ Alisema Bi Maruba wakati akizungumza na waandishi wa habari kwenye mkutano huo.