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Thursday, 30 July 2026

TANZANIA MAKES ELECTRONIC PAYMENTS MANDATORY FOR SPECIFIED TRANSACTIONS FROM JULY 1, 2026

Dar es Salaam; Tanzania has taken another significant step towards accelerating its digital economy following the introduction of the Electronic Transactions (Mandatory Electronic Payments for Specified Transactions) Order, 2026, which requires payments for a wide range of services and transactions to be made electronically.

The Order, published through Government Notice No. 158C under the Electronic Transactions Act (Cap. 442), came into effect on 1 July 2026. It mandates that both individuals and businesses making or receiving payments for specified transactions must do so through approved electronic payment channels.

Broad Range of Electronic Payment Options

Under the new regulations, electronic payment methods include:

  • Mobile money services
  • Bank transfers
  • Electronic Funds Transfers (EFT)
  • Payment cards
  • Electronic wallets
  • Point of Sale (POS) devices
  • Internet banking
  • Mobile banking
  • Government electronic payment systems

The Order defines electronic means as any payment system or channel that uses digital technology to facilitate transactions.

Six-Month Transition Period

Businesses and organisations that were already receiving payments before the Order came into force have been granted a six-month transition period to install and operationalise electronic payment systems.

ABSA BANK AND TCB STRENGTHEN STRATEGIC PARTNERSHIP TO SUPPORT TANZANIA'S ECONOMIC DEVELOPMENT

Absa Bank Tanzania Managing Director, Obedi Laiser (left), listens to Tanzania Commercial Bank (TCB) Managing Director, Adam Mihayo, during a courtesy visit to TCB's headquarters in Dar es Salaam yesterday. The meeting focused on strengthening the strategic partnership between the two institutions and exploring opportunities for collaboration.

Dar es Salaam, Tanzania; July 30, 2026 – Absa Bank Tanzania and Tanzania Commercial Bank (TCB) have reaffirmed their commitment to deepening collaboration after senior executives from both institutions held a high-level strategic engagement aimed at strengthening their partnership and identifying new opportunities to support Tanzania's economic growth.

The meeting, held at TCB's headquarters in Dar es Salaam, brought together the leadership teams of Absa Bank Tanzania, led by Managing Director Obedi Laiser, and Tanzania Commercial Bank (TCB), led by Managing Director Adam Mihayo. The discussions focused on expanding cooperation between the two banks while exploring initiatives that will deliver greater value to customers, businesses, and the broader economy.

The engagement underscored the growing importance of strategic partnerships within Tanzania's banking sector as financial institutions increasingly work together to promote financial inclusion, innovation, and sustainable economic development.

As Tanzania's state-owned commercial bank, TCB plays a vital role in supporting national development priorities, while Absa Bank Tanzania brings the expertise and regional reach of one of Africa's leading pan-African banking groups. By leveraging their respective strengths, both institutions are well positioned to enhance banking services, improve access to finance, and support businesses across key sectors of the economy.

During the discussions, both leadership teams explored practical areas for collaboration that can enhance customer experience, drive innovation, and contribute to the continued development of Tanzania's financial services industry. The meeting reflected a shared vision of creating stronger partnerships capable of delivering long-term value to individuals, enterprises, and public sector stakeholders.

The strategic engagement also reaffirmed Absa Bank Tanzania's commitment to supporting Tanzania's Development Vision 2050 (Dira 2050). Through collaborative partnerships, innovation, and complementary financial solutions, the bank aims to contribute to sustainable economic growth while strengthening the resilience and competitiveness of the country's financial sector.

Wednesday, 29 July 2026

TANZANIA STRENGTHENS GLOBAL FINANCIAL TIES AS FINANCE MINISTER HOLDS STRATEGIC TALKS WITH CITIBANK IN LONDON

Minister for Finance, Hon. Ambassador Khamis Mussa Omar (MP) (left), greets Citibank's Chief Executive Officer for Sub-Saharan Africa, Mr. Akin Dawodu, during his official visit to London, United Kingdom, aimed at strengthening cooperation with international financial institutions and investors.

London | July 27, 2026

Tanzania has taken another significant step towards strengthening its access to international capital markets after the Minister for Finance, Ambassador Khamis Mussa Omar (MP), held high-level strategic discussions with senior executives of Citibank during his official visit to London.

The meeting, led by Akin Dawodu, Citibank's Chief Executive Officer for Sub-Saharan Africa, focused on expanding the long-standing partnership between Tanzania and the global financial institution while exploring new opportunities to mobilise international investment and financing for the country's ambitious development agenda.

Long-Standing Partnership Reviewed

The discussions reviewed the strong relationship between Tanzania and Citibank since the bank established operations in the country in 1995. Both sides explored a broad range of strategic issues, including Tanzania's sovereign credit profile, preparations for the country's inaugural Eurobond, export credit agency (ECA) financing, infrastructure development, capital market reforms, and strategies to encourage greater private sector investment.

Citibank reaffirmed its commitment to supporting Tanzania in accessing global capital markets while strengthening the domestic capital market. The bank also pledged continued collaboration in connecting Tanzania with institutional investors across Europe, the United States, the Middle East, and Asia, alongside supporting financing for strategic infrastructure projects.

Tanzania Highlights Strong Economic Progress

The meeting was also attended by Tanzania's Ambassador to the United Kingdom, Ambassador Mbelwa Kairuki, and the Commissioner for Government Debt at the Ministry of Finance, Japhet Justine.

During the discussions, Ambassador Omar highlighted Tanzania's recent economic achievements, including the significant expansion of electricity generation capacity, ongoing modernisation of the Dar es Salaam, Tanga, and Mtwara ports, and continued investment in aviation infrastructure.

He noted that the country's long-term development agenda, Development Vision 2050, officially entered implementation in July 2026. The strategy aims to transform Tanzania into a US$1 trillion economy over the next 25 years, with approximately 70 percent of the required investment expected to come from the private sector.

LNG Project Nears Major Milestone

The Finance Minister also provided an update on Tanzania's long-awaited US$42 billion Liquefied Natural Gas (LNG) project, revealing that negotiations with investors have been substantially concluded.

HOW MID-RANGE SMARTPHONES ARE BECOMING THE SMARTEST CHOICE FOR TODAY'S CONSUMERS

Not long ago, buying a mid-range smartphone often meant accepting significant compromises. Consumers had to choose between affordability and premium features, settling for average cameras, slower processors, fewer software updates and displays that lacked the quality found on flagship devices.

Today, that landscape has changed dramatically.

As smartphone technology continues to evolve, the gap between premium and mid-range devices is narrowing. Consumers are becoming more discerning, prioritising not only price but also long-term value, performance and durability. Modern users expect their smartphones to handle work, entertainment, content creation and communication seamlessly—without becoming obsolete after just a year or two.

Artificial Intelligence Goes Mainstream

One of the clearest signs of this transformation is the widespread adoption of artificial intelligence (AI) in smartphones.

Previously reserved for flagship devices, AI-powered features are now becoming standard in more affordable models, enabling users to search smarter, edit photos effortlessly and organise daily tasks more efficiently.

Samsung's latest Galaxy A27 demonstrates this trend by integrating AI into everyday smartphone experiences rather than positioning it as a luxury feature.

Among its standout capabilities is Circle to Search with Google, which enables users to search multiple objects within an image simultaneously. The phone also includes Object Eraser, allowing users to remove unwanted elements from photographs without relying on third-party editing applications.

For professionals and students, Voice Transcription offers added convenience by automatically creating transcripts while translating conversations, making meetings, interviews and lectures easier to capture and review.

Built for Everyday Performance

Modern smartphone users frequently switch between video conferencing, mobile banking, social media, messaging, entertainment and productivity apps throughout the day. As a result, smooth multitasking has become an essential requirement rather than a luxury.

Powered by the Snapdragon 6 Gen 3 Mobile Platform, the Galaxy A27 is designed to deliver faster app launches, smoother multitasking and improved graphics performance.

SELCOM MICROFINANCE BANK LAUNCHES SELCOM BUSINESS TO ACCELERATE DIGITAL PAYMENTS FOR TANZANIAN BUSINESSES

Selcom Microfinance Bank Chief Executive Officer, Aloyse Maro.

DAR ES SALAAM, Tanzania; July 28, 2026 – Selcom Microfinance Bank has unveiled Selcom Business, a next-generation digital banking platform designed to help businesses simplify financial management, reduce transaction costs, and accelerate digital transformation through an integrated suite of banking and payment solutions. The platform builds on the success of Selcom Pesa and introduces dedicated business banking services tailored for SMEs, corporates and software developers.

Launched in Dar es Salaam, Selcom Business combines digital banking, payment processing and developer-friendly technology into a single platform, enabling businesses to manage payroll, make payments, receive collections and integrate their internal systems with banking services more efficiently.

According to Selcom Microfinance Bank Chief Executive Officer Aloyse Maro, the new platform responds directly to two major challenges facing businesses in Tanzania—the high cost of financial transactions and the lengthy process of integrating business systems with financial institutions.

"Businesses need solutions that enable them to manage their finances efficiently, reduce costs and make informed decisions based on accurate data. Through Selcom Business, we have combined banking services with technology to give businesses greater control over managing and running their financial operations," Maro said.

He noted that the launch reflects the bank's continued investment in digital innovation aimed at making financial services more accessible, efficient and secure for businesses of all sizes.

Supporting Tanzania's Digital Economy

Maro said the introduction of Selcom Business aligns with the Government's vision of accelerating digital transformation and strengthening Tanzania's innovation-driven economy.

He explained that providing businesses with secure, accessible and technology-driven financial platforms will help advance the objectives of Tanzania Development Vision 2050 by improving business efficiency, encouraging innovation and expanding participation in the country's growing digital economy.

Tuesday, 28 July 2026

SELCOM MICROFINANCE BANK YAZINDUA SELCOM BUSINESS KUPUNGUZA GHARAMA ZA MIAMALA KWA WAFANYABIASHARA

Julai 28, 2026 | Dar es Salaam

Katika hatua inayotarajiwa kuongeza kasi ya matumizi ya huduma za kifedha za kidijitali nchini, Selcom Microfinance Bank imezindua Selcom Business, akaunti mpya ya benki ya kidijitali inayolenga kuwapa wafanyabiashara wadogo na wa kati (SMEs), kampuni na watengenezaji wa mifumo (developers) huduma za benki zenye gharama nafuu, uunganishaji wa mifumo kwa haraka na usimamizi bora wa fedha za biashara.

Uzinduzi huo unakuja wakati ambapo biashara nyingi nchini zinaendelea kutafuta njia za kupunguza gharama za uendeshaji na kuongeza ufanisi kupitia teknolojia. Selcom Microfinance Bank inaeleza kuwa huduma hiyo imebuniwa kushughulikia changamoto mbili zinazowakabili wafanyabiashara wengi—gharama kubwa za kufanya miamala na muda mrefu unaochukuliwa kuunganisha mifumo yao na taasisi za kifedha.

Kupitia Selcom Business, biashara zinaweza kufanya uhamisho wa fedha kwenda benki zote za ndani, mitandao ya simu na wafanyabiashara wanaotumia TanQR kwa gharama ya kuanzia TZS 100 kwa kila muamala. Vilevile, biashara zinaweza kujisajili na kupata REST APIs moja kwa moja kupitia dashboard ndani ya saa chache, bila kulazimika kupitia taratibu ndefu za makubaliano au kulipa ada za uunganishaji wa mifumo.

Mabando Matatu kwa Mahitaji Tofauti ya Biashara

Ili kukidhi mahitaji ya makundi mbalimbali ya biashara, Selcom Business imeanzisha mabando matatu ya kila mwezi yenye viwango tofauti vya gharama za miamala.

BandoAda ya Mwezi (Siku 30)Miamala hadi TZS 20 Milioni (Benki, Mitandao ya Simu na TanQR)TZS 20–50 Milioni(Benki za Ndani)Zaidi ya TZS 50 Milioni(Benki za Ndani)
Bando PoaTZS 49,999TZS 250TZS 4,000TZS 8,000
Bando BombaTZS 99,999TZS 150TZS 2,500TZS 5,000
Bando MaxTZS 199,999TZS 100TZS 1,500TZS 3,000

Benki hiyo imeeleza kuwa hakuna kikomo cha idadi ya miamala inayoweza kufanywa ndani ya mwezi. Kadri biashara inavyochagua bando kubwa zaidi, ndivyo gharama ya kila muamala inavyopungua. Viwango vyote vinajumuisha VAT na ushuru wa bidhaa.

Ubunifu Unaolenga Kuongeza Ufanisi wa Biashara

Mbali na gharama nafuu za miamala, Selcom Business imejengwa juu ya huduma tatu kuu ambazo benki inaamini zitabadilisha namna biashara zinavyofanya shughuli zao za kifedha.

Kwanza ni bei nafuu za miamala, ambapo biashara zinaweza kufanya uhamisho wa fedha kwa gharama ya kuanzia TZS 100 kwa kila muamala kupitia Bando Max bila kikomo cha idadi ya miamala ndani ya mwezi.

NMB YAONGEZA NGUVU KWA SEKTA BINAFSI KUPITIA MASULUHISHO MAALUM YA KIFEDHA

Afisa Mkuu wa Wateja Binafsi na Biashara wa Benki ya NMB, Filbert Mponzi (kulia), Mkuu wa Idara ya Biashara NMB, Deogratias Shirima (kushoto) wakifurahia tuzo za Benki Bora ya Huduma kwa Wafanyabiashara Wadogo na wa Kati (SMEs), zilizotolewa na Euromoney na Global Finance wakati wa hafla iliyowakutanisha NMB na Mtandao wa Wafanyabiashara Wakubwa Wanaohudumiwa na benki hiyo ‘NMB Business Executive Network’ iliyofanyika Ijumaa jijini Dar es Salaam. Wapili kushoto ni Afisa Mtendaji Mkuu wa Kampuni ya TTI, Leonard Shayo na wa pili kulia ni Mkurugenzi wa Kampuni ya High Quality, Selina Letara.

Dar es Salaam – Benki ya NMB imeendelea kuimarisha ushirikiano wake na sekta binafsi kwa kuahidi kuendelea kutoa masuluhisho ya kifedha yanayolengwa kukidhi mahitaji maalum ya sekta mbalimbali za uchumi, hatua inayolenga kuchochea ukuaji wa biashara na maendeleo ya uchumi wa Tanzania.

Ahadi hiyo ilitolewa mwishoni mwa wiki wakati wa Jukwaa la NMB Business Executive Network 2026, lililowakutanisha zaidi ya wafanyabiashara 300 kutoka mikoa ya Dar es Salaam na Pwani kwa lengo la kujadili fursa za biashara, changamoto za kifedha na njia za kuimarisha ushirikiano kati ya benki na sekta binafsi.

Akizungumza katika jukwaa hilo, Afisa Mkuu wa Wateja Binafsi na Biashara wa Benki ya NMB, Filbert Mponzi, alisema benki hiyo imeanzisha Madawati ya Kisekta (Sector Desks) yanayotoa huduma na ushauri wa kifedha unaoendana na mahitaji ya sekta mbalimbali ikiwemo madini, ujenzi, utalii, kilimo, afya na elimu.

Alieleza kuwa kupitia mkakati huo, NMB imeboresha upatikanaji wa bidhaa na huduma za kifedha zinazosaidia wafanyabiashara kuendesha na kupanua shughuli zao kwa ufanisi zaidi.

Miongoni mwa masuluhisho yanayotolewa kupitia madawati hayo ni pamoja na Asset FinancingBid BondAdvance Payment Guarantee na Performance Guarantee, huduma zinazowawezesha wafanyabiashara kupata mtaji, kushiriki katika zabuni na kutekeleza miradi kwa ufanisi huku wakijenga imani kwa washirika wao wa biashara.

NMB Yajivunia Tuzo Mbili za Kimataifa

Katika jukwaa hilo, NMB pia ilitambulisha mafanikio yake ya kimataifa baada ya kutunukiwa tuzo mbili muhimu mwaka huu.

Benki hiyo ilitangazwa kuwa Benki Bora kwa Wafanyabiashara Tanzania 2026 na jarida la Euromoney, pamoja na kutwaa tuzo ya Benki Bora kwa Wafanyabiashara Tanzania 2026 kutoka jarida la Global Finance.

RACEBETTER, MONTI INTERNATIONAL SCHOOL PARTNER TO BOOST SWIMMING DEVELOPMENT IN TANZANIA

Internationally renowned swimming coach and RaceBetter founder, Ben Lee.

Dar es Salaam, Tanzania – Tanzanian swimmers are set to benefit from world-class coaching following the launch of the Tanzania Performance Development Series 2026, a three-week initiative aimed at nurturing young swimming talent, strengthening local coaching expertise, and equipping parents with the knowledge to better support aspiring athletes.

The programme, organised by RaceBetter in partnership with Monti AquaForce, will run from July 28 to August 14, 2026, at Monti International School's Mikocheni Campus in Dar es Salaam.

The initiative will be led by internationally renowned swimming coach and RaceBetter founder Ben Lee, who arrived in Tanzania from the United States to oversee the intensive development programme.

Building the Future of Tanzanian Swimming

Speaking during the programme's launch, Monti International School Founder and Director, Fatma Fernandes described the initiative as the beginning of a long-term partnership focused on transforming swimming development in Tanzania.

According to Fernandes, the collaboration combines international coaching expertise with local leadership to establish sustainable pathways that will help young swimmers progress from grassroots participation to elite-level competition.

She noted that beyond improving athlete performance, the programme seeks to enhance coaching standards and create a stronger swimming ecosystem across the country.

Three Training Camps for Young Swimmers

The Tanzania Performance Development Series will begin with a Coach Development Workshop from July 28 to July 30, bringing together swimming coaches, teachers and club leaders.

The workshop is designed to improve coaching standards while providing local coaches with the opportunity to work alongside Ben Lee throughout the athlete training camps.

The programme will then feature three age-specific swimming camps:

  • Beginner Development Camp (Ages 6–8): July 30 – August 1
  • Intermediate Development Camp (Ages 9–12): August 3 – August 7
  • Advanced Performance Camp (Ages 13 and above): August 10 – August 14

Monday, 27 July 2026

NMB MARKS HISTORIC MILESTONE AS FIRST OFFSHORE TANZANIAN SHILLING BOND LISTS ON THE LONDON STOCK EXCHANGE

London, United Kingdom; July 24, 2026 – Tanzania has achieved a historic breakthrough in its capital markets following the successful listing of the International Finance Corporation's (IFC) inaugural offshore Tanzanian Shilling-denominated bond on the London Stock Exchange (LSE). The landmark transaction is the first offshore Tanzanian Shilling bond for both Tanzania and the East African region, underscoring the country's growing prominence in international financial markets.

The bond, which raised TZS 262 billion, will provide long-term Tanzanian Shilling financing to NMB Bank Plc, enabling the bank to significantly expand lending to micro, small and medium-sized enterprises (MSMEs), women-led businesses, farmers and entrepreneurs across Tanzania.

The transaction represents a major milestone in Tanzania's financial sector development, highlighting increasing international investor confidence in the country's economic fundamentals, financial institutions and long-term growth prospects. It also reinforces NMB Bank's position as a leading financial institution capable of attracting global capital to support Tanzania's national development agenda.

A Defining Moment for Tanzania's Financial Sector

Speaking during the listing ceremony at the London Stock Exchange, NMB Bank Managing Director and Chief Executive Officer, Ruth Zaipuna, described the transaction as a transformative milestone for the country's financial ecosystem.

"The transaction marks a defining moment for Tanzania's financial sector, creating a new pathway for international investment while expanding access to long-term local currency financing for the private sector,"she said.

Zaipuna noted that the innovative financing structure will strengthen the availability of affordable long-term capital for businesses that play a vital role in driving economic growth, job creation and financial inclusion.

Government Welcomes Historic Achievement

Also speaking at the ceremony, H.E. Ambassador Khamis Mussa Omar, Minister for Finance of the United Republic of Tanzania, hailed the listing as a significant achievement in Tanzania's economic transformation journey.

"This marks the beginning of an important step in Tanzania's journey towards full participation in the international capital markets using our own currency. This listing reflects the strong confidence that international financial institutions have in our economy and in the direction of the country's financial sector reforms," the Minister said.

STANBIC BANK AND VISA DRIVE DIGITAL PAYMENTS BOOM AS TANZANIA ADVANCES TOWARDS A CASHLESS ECONOMY

Stanbic Bank Head of Personal Banking, Emmanuel Mahodanga (left), and Visa Tanzania Country Manager, Victor Makere (right), present an award to Leila Lembariti (centre), an officer in Stanbic Bank's Private Banking Unit, in recognition of her outstanding performance in the XB Campaign, which encouraged customers to use payment cards instead of cash.

Dar es Salaam, Tanzania – 23 July 2026 – Stanbic Bank Tanzania, in partnership with Visa, has recorded a significant increase in digital card usage following the successful completion of a nationwide campaign aimed at accelerating secure, cross-border digital payments as Tanzania intensifies its transition towards a cashless economy.

The campaign delivered remarkable results, with card usage increasing by 113% in transaction volume and 201% in transaction value, while card activation surged by an impressive 3,082% in transaction volume and 449% in transaction value, highlighting growing customer confidence in digital payment solutions.

The initiative comes at a time when Tanzania is making significant progress in expanding digital financial services. Government efforts to promote digital payments across key sectors, alongside the implementation of the National Financial Inclusion Framework (2023–2028), are encouraging greater adoption of secure and convenient cashless payment solutions.

Empowering Customers for the Digital Economy

Targeted at Stanbic Bank's Personal and Private Banking customers, the campaign encouraged the use of Stanbic Visa Cards for international travel, online shopping, tuition payments and cross-border business transactions.

Beyond promoting card usage, the initiative focused heavily on customer education, helping users understand the security, convenience and global acceptance of digital payments while encouraging a shift away from cash-based transactions.

Strong Growth Reflects Changing Customer Behaviour

Speaking on the campaign's success, Emmanuel Mahodanga, Head of Personal Banking at Stanbic Bank Tanzania, said the results demonstrate that Tanzanians are increasingly embracing secure digital payment solutions.

"These numbers tell us Tanzanians are ready to embrace secure digital payments — and our partnership with Visa is about more than issuing cards; it is about equipping them to participate fully in a digital, connected economy," said Mahodanga.

He noted that Stanbic Bank remains committed to providing customers with secure and globally accepted payment solutions for travel, international education and business while contributing to the development of a more inclusive financial ecosystem.

Visa Reaffirms Commitment to Tanzania's Digital Transformation

Victor Makere, Country Manager for Visa Tanzania, said the partnership demonstrates how collaboration between financial institutions and global payment providers can accelerate Tanzania's digital transformation.

"At Visa, we are proud to partner with Stanbic Bank in advancing secure, seamless digital payments at a time when Tanzania is making real strides towards a cashless economy," Makere said.

Sunday, 26 July 2026

DKT. MWIGULU NCHEMBA AONGOZA WASHIRIKI ZAIDI YA 13,000 NBC DODOMA MARATHON 2026

 

TZS Bilioni 1 Zakusanywa Kuimarisha Afya ya Mama na Mtoto

Dodoma, Julai 26, 2026 – Waziri Mkuu wa Jamhuri ya Muungano wa Tanzania, Dkt. Mwigulu Lameck Nchemba, ameongoza zaidi ya washiriki 13,000 katika NBC Dodoma Marathon 2026, huku akiipongeza Benki ya Taifa ya Biashara (NBC) kwa kufanikisha ukusanyaji wa TZS bilioni 1 zitakazotumika kuboresha huduma za afya ya mama na mtoto pamoja na kuokoa maisha ya maelfu ya Watanzania.

Fedha hizo zitaelekezwa katika maeneo matatu muhimu ya kijamii ambayo ni kupunguza vifo vya akina mama na watoto wakati wa kujifungua, kugharamia upasuaji wa watoto wenye matatizo ya moyo, na kuimarisha huduma za upandikizaji wa uloto kwa watoto wanaoishi na ugonjwa wa selimundu (Sickle Cell).

NBC Dodoma Marathon Yazidi Kukua kwa Kasi

Mbio hizo, zilizofanyika katika Uwanja wa Jamhuri jijini Dodoma, zimeendelea kujijengea heshima kama moja ya matukio makubwa ya michezo nchini, zikivutia washiriki kutoka Tanzania na mataifa mbalimbali.

Waziri Mkuu wa Jamhuri ya Muungano wa Tanzania, Dkt. Mwigulu Lameck Nchemba, (katikati) akikabidhi mfano wa hundi yenye thamani ya TZS milioni 200 kwa muwakilishi wa Taasisi ya Moyo ya Jakaya Kikwete (JKCI) (wanne kushoto) iliyotolewa na Benki ya NBC kwa ajili ya kugharamia upasuaji wa watoto wenye matatizo ya moyo kupitia mbio za NBC Dodoma Marathon zilizofanyika leo kwenye Uwanja wa Jamhuri jijini Dodoma. Wanaoshuhudia ni pamoja na Mkuu wa Mkoa wa Dodoma, Bi. Rosemary Senyamule (wa tatu kushoto), Mkurugenzi Mtendaji wa Benki ya NBC Bw Theobald Sabi (wa nne kulia), Mwenyekiti wa Bodi ya Wakurugenzi ya benki ya NBC , Dkt. Elirehema Doriye (wa pili kushoto), Mkurugenzi Mtendaji wa SanlamAllianz, wadhamini wakuu wa mbio hizo, Bw Julius Magabe (kushoto) na viongozi wengine kutoka serikalini na wadau wa mbio hizo.

Mashindano hayo yalishuhudia ushindani mkali kati ya wanariadha wa Tanzania na Kenya katika mbio za kilomita 21 na 42, huku Dkt. Nchemba, viongozi wa Serikali, taasisi mbalimbali na sekta binafsi wakishiriki mbio za kilomita tano (5) kama sehemu ya kuhamasisha mazoezi na maisha yenye afya.

Serikali Yapongeza Ushirikiano wa Sekta Binafsi

Akizungumza wakati wa hafla ya kukabidhi zawadi kwa washindi na wadau wa mbio hizo, Dkt. Nchemba alisema mafanikio ya NBC Dodoma Marathon yanaonyesha nguvu ya ushirikiano kati ya Serikali na sekta binafsi katika kuleta maendeleo yenye manufaa kwa jamii.

Alibainisha kuwa ongezeko la washiriki kutoka 1,500 mwaka 2020 hadi zaidi ya 13,000 mwaka 2026 linaonesha mwamko mkubwa wa Watanzania kushiriki michezo, kuimarisha afya zao na kuunga mkono shughuli za maendeleo kupitia michezo.

"NBC Dodoma Marathon imekuwa zaidi ya mashindano ya riadha. Leo ni jukwaa linalounganisha Watanzania na marafiki kutoka mataifa mbalimbali kwa lengo la kufanya jambo kubwa zaidi—kuokoa maisha. Nawahimiza Watanzania kujenga utamaduni wa kufanya mazoezi mara kwa mara ili kujikinga dhidi ya magonjwa yasiyoambukiza kama vile kisukari, shinikizo la damu, magonjwa ya moyo na figo," alisema Dkt. Nchemba.

Aidha, alisema Serikali itaendelea kuboresha miundombinu ya barabara katika Jiji la Dodoma kwa kupanua na kuboresha barabara muhimu ili kurahisisha usafiri na kuongeza usalama wa washiriki wa mbio hizo katika miaka ijayo.

TANZANIA MAKES CAPITAL MARKETS HISTORY AS FIRST TZS-DENOMINATED OFFSHORE BOND LISTS ON LONDON STOCK EXCHANGE


Minister for Finance, H.E. Ambassador Khamis Mussa Omar, MP (fourth from right) officially launches Tanzania's first US$100 million offshore bond, equivalent to approximately TZS 262.5 billion, issued by the International Finance Corporation (IFC), a member of the World Bank Group, and denominated in Tanzanian shillings (TZS). The landmark bond has been listed on the London Stock Exchange in the United Kingdom, with the proceeds provided as a loan to NMB Bank Plc to expand financing for micro, small and medium-sized enterprises (MSMEs). Among those witnessing the launch are NMB Bank Plc Managing Director & Chief Executive Officer, Ms Ruth Zaipuna (fifth from right) and World Bank Vice President and Treasurer, Mr Jorge Familiar (third from right).

IFC Raises US$100 Million for NMB to Expand SME Financing, with 20% Earmarked for Women-Owned Businesses

LONDON, United Kingdom; July 24, 2026 – Tanzania has achieved a landmark milestone in international capital markets following the successful listing of the country's first-ever Tanzania shilling-denominated offshore bond on the London Stock Exchange (LSE). The bond, valued at US$100 million (approximately TZS 262.5 billion), was issued by the International Finance Corporation (IFC), a member of the World Bank Group, marking a historic breakthrough in Tanzania's financial sector.

The proceeds from the bond have been invested in NMB Bank Plc through a long-term financing facility that will support lending to micro, small and medium-sized enterprises (MSMEs) across Tanzania. Notably, 20% of the financing—equivalent to approximately TZS 52.5 billion—has been specifically allocated to women-owned businesses, reinforcing the country's commitment to inclusive economic growth.

A Milestone for Tanzania's Global Capital Markets Ambitions

Speaking after ringing the ceremonial closing bell to mark the bond's launch and the close of trading at the London Stock Exchange, Tanzania's Minister for Finance, H.E. Ambassador Khamis Mussa Omar, described the listing as a transformative moment that strengthens Tanzania's position in global financial markets.

"This marks the beginning of an important chapter in Tanzania's journey towards active participation in international capital markets using our own currency. The successful listing demonstrates the confidence that international financial institutions have in our economy and in the ongoing reforms within our financial sector," said Ambassador Omar. 

He noted that listing the bond on one of the world's most prestigious stock exchanges significantly enhances Tanzania's credibility among international investors while improving the country's ability to access financing at more competitive rates.

"Our objective is not only to ensure the success of this bond in international markets but also to make sure that its impact is felt directly in the growth of the private sector, particularly among SMEs, which remain the backbone of our economy," he added.

NMB to Channel Long-Term Capital into Business Growth

NMB Bank Plc Managing Director and Chief Executive Officer, Ms Ruth Zaipuna, welcomed the investment, saying the long-term financing will enable the bank to extend more affordable and sustainable credit to Tanzania's growing SME sector.

She explained that the financing will stimulate economic activity by supporting business expansion, increasing productivity, creating employment opportunities and accelerating private sector growth.

"This is the second time NMB has successfully accessed financing through the London Stock Exchange. In 2023, we secured more than TZS 400 billion through a Social Bond, and today we have mobilised over TZS 262.5 billion through the first-ever Tanzania shilling-denominated offshore bond listed internationally," said Ms Zaipuna.

IFC Highlights Long-Term Development Impact

Speaking during the event, World Bank Vice President and Treasurer, Mr Jorge Familiar, said the World Bank Group is proud to partner with Tanzania in advancing the country's Vision 2050 through sustainable private sector financing.

"Our focus extends beyond the amount of capital invested. We measure success by the development impact these investments create. We believe this financing will generate significant economic and social transformation, with an estimated 13,000 to 20,000 jobs expected to be created, including opportunities for women. At the same time, international investors gain a unique opportunity to invest in Tanzania's growing business sector," Mr Familiar said.

Strengthening Tanzania's Vision 2050

The landmark transaction is widely regarded as a strategic step towards positioning Tanzania as a more competitive participant in global financial markets while expanding access to local currency financing.

Saturday, 25 July 2026

AKIBA COMMERCIAL BANK LAUNCHES ACB LIPA TO ACCELERATE CASHLESS PAYMENTS IN TANZANIA


Mr. Allen Nkya, Senior Manager – Business Banking speaks to customers during the launch. 

Dar es Salaam, July 23, 2026 – Akiba Commercial Bank Plc (ACB) has strengthened its digital banking offering with the launch of ACB LIPA, an innovative digital payment solution designed to simplify, secure, and accelerate cashless transactions for merchants and customers across Tanzania.

The solution was officially unveiled at Kariakoo Market, Tanzania's largest commercial and trading hub, highlighting the Bank's commitment to expanding digital financial services while supporting the country's transition towards a modern, cashless economy.

Driving Digital Transformation

Speaking on behalf of Acting Managing Director Ms. Wezi Olivia MwazaniMr. Allen Nkya, Senior Manager – Business Banking, described the launch of ACB LIPA as a major milestone in the Bank's digital transformation journey.

He said the platform demonstrates Akiba Commercial Bank's commitment to delivering innovative, customer-focused financial solutions that make business transactions simpler, faster, safer and more convenient.

According to Mr. Nkya, ACB LIPA has been developed to support business growth, promote financial inclusion and contribute to the advancement of Tanzania's rapidly expanding digital economy.

He also expressed appreciation to the Kariakoo business community, ACB customers, business partners, stakeholders and members of the media for their continued confidence in the Bank, noting that innovation remains central to ACB's long-term strategy of enhancing customer experience while supporting sustainable economic growth.

Why Kariakoo?

Mr. Nkya explained that Kariakoo was intentionally selected as the launch venue because of its strategic importance as one of Tanzania's busiest commercial centres, serving thousands of traders and shoppers every day.

NBC DODOMA MARATHON PARTICIPANTS ASSURED OF ROAD SAFETY AS MOTORISTS URGED TO USE ALTERNATIVE ROUTES

National Bank of Commerce (NBC) Head of Communications and Public Relations, Mr. Godwin Semunyu, speaks to journalists on the successful completion of preparations for the NBC Dodoma Marathon, which is scheduled to take place on July 26, 2026, at Jamhuri Stadium in Dodoma.

Police Confirm Comprehensive Security Measures as Organisers Finalise Preparations for Tanzania's Largest Charity Marathon

DODOMA, Tanzania – July 24, 2026 – The Tanzania Police Force has assured participants, spectators and the general public of comprehensive security and traffic management arrangements ahead of the NBC Dodoma Marathon 2026, as organisers confirmed that all preparations for one of the country's largest sporting and charitable events have been successfully completed.

Dodoma Regional Traffic Officer, SSP Yusufu Kamota, addresses journalists on the Tanzania Police Force's preparedness to ensure the safety and security of participants during the NBC Dodoma Marathon.

Scheduled to take place on Sunday, July 26, 2026, at Jamhuri Stadium in Dodoma, this year's marathon is expected to attract more than 13,000 runners from across Tanzania and beyond, reinforcing its position as one of the nation's premier sporting events with a strong social impact.

Police Deploy Extensive Security and Traffic Management Plan

Speaking to journalists in Dodoma, the Head of the Dodoma Regional Traffic Police Unit, SSP Yusufu Kamota, said the Tanzania Police Force has deployed adequate personnel to ensure the safety of marathon participants, spectators and all road users throughout the event.

To minimise congestion within the city, SSP Kamota advised motorists travelling through Dodoma to use the Dodoma Ring Road, allowing marathon activities to proceed without disruption.

"Motorists who do not have essential travel needs within the city on the day of the marathon are encouraged to avoid using their vehicles to help reduce traffic congestion. We also urge all participants to strictly follow the designated race routes and official instructions. Should they encounter any challenges, they should not hesitate to seek assistance from police officers or members of the public," said SSP Kamota.

Dodoma Regional Traffic Officer, SSP Yusufu Kamota (centre), together with National Bank of Commerce (NBC) Head of Communications and Public Relations, Mr. Godwin Semunyu (right), and the bank's Communications and Public Relations Manager, Ms. Brendansia Kileo (left) pose for a group photo during a media brief on the successful completion of preparations for the NBC Dodoma Marathon.

The Police also appealed for public cooperation in ensuring the event is conducted safely and efficiently, noting that close collaboration between security agencies, organisers and the public will be key to the marathon's success.

NBC Confirms Readiness for Participants

NBC Head of Communications and Public Relations, Godwin Semunyu, said the bank, working alongside its partners, has completed all logistical arrangements to ensure participants enjoy a safe, comfortable and memorable marathon experience.

"Our priority is to ensure that every participant receives quality services before, during and after the race. We appreciate the valuable support of our partners in making this event a success," Semunyu said.

Partners Strengthen Participant Experience

Semunyu commended several strategic partners whose support has enhanced preparations for the marathon.

The Tanzania Railways Corporation (TRC) has introduced a special train service departing Dodoma at 7:00 p.m. on race day, providing convenient transport for participants travelling to Morogoro and Dar es Salaam after the event.

VODACOM TANZANIA POSTS TZS47.3 BILLION QUARTERLY PROFIT AS DATA AND M-PESA DRIVE STRONG GROWTH

DAR ES SALAAM, 24 July 2026 – Vodacom Tanzania Plc has kicked off its 2027 financial year with an impressive performance, reporting a net profit after tax of TZS47.3 billion for the quarter ended 30 June 2026, more than tripling the TZS8.5 billion recorded during the same period last year.

The strong financial results were driven by robust growth in the company's data and M-Pesa businesses, reinforcing Vodacom's position as one of Tanzania's leading digital communications and financial services providers.

Service Revenue Climbs 21.7%

Vodacom's service revenue increased by 21.7% year-on-year to TZS510.9 billion, supported by continued demand for mobile data and digital financial services.

The company also posted significant improvements across key profitability indicators:

  • EBITDA increased by 37.0% to TZS197.3 billion, with the EBITDA margin improving by 5.3 percentage pointsto 38.3%.
  • Operating profit surged 174.4% to TZS105.8 billion, benefiting from strong revenue growth and a lower comparative base following last year's temporary Radio Access Network (RAN) modernisation costs.
  • Operating free cash flow recovered strongly, recording a positive TZS18.0 billion, compared to an outflow of TZS13.8 billion during the corresponding quarter last year.

Continued Investment in Network Expansion

Vodacom nearly doubled its capital investment during the quarter, with capital expenditure rising 94.6% to TZS123.2 billion.

The investment supports the ongoing rollout of broadband infrastructure, expansion of network coverage and the company's nationwide Radio Access Network (RAN) modernisation programme aimed at improving service quality and customer experience.

Customer Growth Remains Strong

The company's commercial performance remained robust across all major customer segments.

Vodacom's total customer base grew by 21.6% to 28.6 million customers, while:

  • M-Pesa customers increased by 15.5%
  • Data customers grew by 16.0%
  • Smartphone users rose by 23.0%

Friday, 24 July 2026

AIRTEL AFRICA Q1 REVENUE SURGES TO $1.85 BILLION AS DATA AND MOBILE MONEY DRIVE GROWTH

July 24, 2026 – Airtel Africa has delivered a strong start to its 2026/27 financial year, reporting a 31 percent increase in first-quarter revenue to US$1.853 billion, driven by sustained demand for mobile data, digital financial services, and continued investment in network expansion across its 14 African markets, including Tanzania.

The telecommunications and digital services provider also recorded a 27 percent increase in profit after tax, reaching US$198 million for the quarter ended June 30, 2026, compared to the same period last year. Revenue in constant currency grew by 21.1 percent, reflecting broad-based growth across voice, data and mobile money services.

Customer Growth Continues

Airtel Africa's customer base expanded by 11.6 percent to 189 million subscribers, while data customers increased by 15.5 percent to 87.3 million. Mobile money users also recorded robust growth, rising 23.3 percent to 56.5 million, highlighting the continued adoption of digital financial services across the continent.

The company attributed the strong performance to increasing smartphone adoption and higher customer engagement with digital services. Smartphone penetration reached 51 percent, while average monthly data usage per customer climbed from 7.8GB to 10.6GB, resulting in a 56.3 percent increase in overall data traffic over the past year.

Airtel Money Maintains Strong Momentum

Digital financial services remained one of Airtel Africa's fastest-growing business segments during the quarter.

The company reported that the annualised transaction value processed through Airtel Money exceeded US$245 billion, representing a 51.5 percent increase compared to the previous year. Revenue from mobile money services rose by 38.9 percent to US$404 million, underscoring the growing importance of financial technology within the group's overall business strategy.

Network Investment Supports Future Growth

To meet rising customer demand, Airtel Africa significantly accelerated capital expenditure during the quarter, investing US$389 million in network expansion.

VODACOM YAPATA FAIDA YA TZS BILIONI 47.3 KATIKA ROBO YA KWANZA, DATA NA M-PESA ZAENDELEA KUCHOCHEA UKUAJI

Afisa Mtendaji Mkuu wa Vodacom Tanzania Plc, Philip Besiimire.

Dar es Salaam, Julai 24, 2026 – Kampuni ya Teknolojia na Mawasiliano, Vodacom Tanzania Plc, imeanza mwaka wake wa fedha wa 2027 kwa matokeo yenye mafanikio makubwa, ikitangaza faida baada ya kodi ya TZS bilioni 47.3 katika robo ya mwaka iliyoishia Juni 30, 2026. Hii ni zaidi ya mara tatu ya faida ya TZS bilioni 8.5 iliyorekodiwa katika kipindi kama hicho mwaka uliopita, ikiwa ni ukuaji wa zaidi ya asilimia 200.

Matokeo hayo yamechochewa kwa kiasi kikubwa na ukuaji imara wa huduma za Data na M-Pesa, ambazo zimeendelea kuwa nguzo kuu za mapato ya kampuni. Kwa ujumla, mapato yaliongezeka kwa asilimia 21.7 na kufikia TZS bilioni 510.9, yakionesha mafanikio ya mkakati wa Vodacom wa kuwekeza katika huduma za kidijitali na upanuzi wa mtandao.

EBITDA Yaongezeka kwa Asilimia 37

Katika kipindi hicho, Faida Kabla ya Riba, Kodi, Uchakavu wa Mali na Upunguaji wa Thamani ya Mali Zisizoonekana (EBITDA) iliongezeka kwa asilimia 37.0 na kufikia TZS bilioni 197.3. Aidha, kiwango cha faida (EBITDA Margin) kilipanda hadi asilimia 38.3, kutoka asilimia 35.3 mwaka uliopita, kikichangiwa na ukuaji wa mapato pamoja na kuimarika kwa ufanisi wa shughuli za kampuni.

Faida ya uendeshaji wa huduma nayo iliongezeka kwa asilimia 174.4 na kufikia TZS bilioni 105.8, licha ya kampuni kubeba gharama za muda zilizotokana na maboresho makubwa ya miundombinu ya mtandao wake.

Uwekezaji Mkubwa Katika Mtandao

Vodacom iliendelea kuwekeza kwa kiwango kikubwa katika kuboresha huduma zake, ambapo matumizi ya mtaji (Capital Expenditure) yaliongezeka kwa asilimia 94.6 na kufikia TZS bilioni 123.2, yakielekezwa katika maboresho ya mtandao wa Radio Access Network (RAN) pamoja na upanuzi wa huduma za intaneti yenye kasi (Broadband).

Sambamba na hilo, mtiririko wa fedha kutoka shughuli za uendeshaji uligeuka kuwa chanya na kufikia ziada ya TZS bilioni 18.0, tofauti na matumizi ya fedha ya TZS bilioni 13.8 yaliyorekodiwa katika robo ya kwanza ya mwaka uliopita.

Idadi ya Wateja Yafikia Milioni 28.6

Ukuaji wa biashara uliendelea kuonekana katika msingi wa wateja, ambapo idadi ya wateja iliongezeka kwa asilimia 21.6 na kufikia milioni 28.6.

Kwa upande wa huduma mbalimbali:

  • Wateja wa M-Pesa waliongezeka kwa asilimia 15.5.
  • Wateja wa huduma za Data waliongezeka kwa asilimia 16.0.
  • Watumiaji wa simu janja waliongezeka kwa asilimia 23.0, wakichochewa na uwekezaji katika mtandao wa kasi na upatikanaji wa simu za kisasa kwa gharama nafuu.