NBC BANK DELIVERS 15 TRUCKS TO TANZANIAN COOPERATIVES TO STRENGTHEN AGRICULTURAL VALUE CHAIN

The Registrar of Cooperative Societies, Dr. Benson Ndiege (center), hands over a symbolic car key to the Chairman of the Board of Tandahimba and Newala Cooperative Union (TANECU), Karim Chipola (right), marking the official handover of five (5) trucks facilitated through a low-interest loan from the National Bank of Commerce (NBC). The trucks aim to improve crop transportation, increase the efficiency of cooperative operations, and boost farmers' incomes. Witnessing the event are NBC officials, led by the Head of Retail and Agribusiness Banking, Raymond Urassa (front left).

The Registrar of Cooperative Societies, Dr. Benson Ndiege (left, in a suit), hands over a symbolic car key to the Vice Chairman of Kahama Cooperative Union (KACU), Simon Ntemi Nzengo (center), marking the official handover of ten (10) trucks facilitated through a low-interest loan from the National Bank of Commerce (NBC). The trucks will bring greater efficiency to crop collection and transportation, strengthen cooperative operations, and increase farmers' incomes. Witnessing the event are NBC officials, led by the Head of Retail and Agribusiness Banking, Raymond Urassa (front, third from left).

DODOMA, Tanzania, August 4, 2026 – The National Bank of Commerce (NBC) has strengthened its support for Tanzania's agricultural sector by handing over 15 trucks financed through a low-interest loan facility to two of the country's leading agricultural cooperative unions, reinforcing efforts to improve agricultural logistics, enhance market access and empower farmers.

The fleet, comprising 10 trucks for the Kahama Cooperative Union (KACU) and 5 for the Tandahimba and Newala Cooperative Union (TANECU), is expected to enhance crop collection and transportation, lower logistics costs and improve efficiency across the agricultural value chain, benefiting thousands of farmers.

The symbolic handover took place during the 2026 Nanenane Agricultural Exhibition at the Dr. John Malecela Grounds in Dodoma. The event was attended by the Registrar of Cooperative Societies, Dr. Benson Ndiege, senior officials from both cooperative unions, farmers and NBC executives led by the Head of Retail and Agribusiness Banking, Mr. Raymond Urassa.

Speaking during the ceremony, Mr. Urassa said the investment reflects NBC's long-term commitment to driving Tanzania's agricultural transformation through affordable and innovative financing solutions.

"Agriculture remains at the heart of Tanzania's economy, and NBC is committed to providing financial solutions that enable farmers and cooperatives to become more productive and competitive," he said.

He noted that the newly acquired trucks will improve the movement of agricultural produce from farms to markets, reduce transportation costs and strengthen the country's agricultural value chain.

STANBIC BANK TANZANIA CHIEF EXECUTIVE TO SPEAK AT INFRA FOR AFRICA FORUM 2026

Dar es Salaam, Tanzania; August 4, 2026 – Stanbic Bank Tanzania Chief Executive, Manzi Rwegasira, is set to join an influential line-up of global leaders, policymakers, investors and development finance institutions at the Infra for Africa Forum 2026, underscoring the bank’s commitment to advancing infrastructure financing and sustainable economic development across Africa.

The two-day forum, scheduled for 5–6 August 2026 in Dar es Salaam, is being hosted by the Government of the United Republic of Tanzania in partnership with Africa50. It will bring together ministers, business leaders, financial institutions and infrastructure experts to explore innovative solutions for accelerating infrastructure investment across the continent. The event is expected to be graced by President Samia Suluhu Hassan as the Guest of Honor.

On 5 August, Rwegasira will participate in a high-level roundtable titled "Reinvesting for Expansion: Asset Recycling as a Multiplier," alongside Dele Kuti, Standard Bank Group’s Global Head of Energy and Infrastructure, and other industry leaders. The discussion will focus on infrastructure financing, capital mobilisation and strategic partnerships aimed at unlocking greater investment for Africa’s infrastructure development.

The following day, 6 August, Rwegasira will take part in the plenary session "Pace Setters: African-Designed, African-Led," where he will join senior executives from the African Development Bank, Ecobank, ATIDI and Angola’s Sovereign Wealth Fund. The panel will examine how African financial institutions, sovereign investors and infrastructure partners can leverage domestic capital, strengthen risk mitigation frameworks and accelerate infrastructure financing through home-grown solutions.

TANZANIA, UNITED STATES AGREE TO REVISIT VISA RESTRICTIONS, STRENGTHEN STRATEGIC PARTNERSHIP

DAR ES SALAAM; August 3, 2026 – Tanzania and the United States have reaffirmed their commitment to strengthening bilateral relations, with both countries agreeing to revisit Tanzania's requests regarding visa restrictions affecting Tanzanian citizens travelling to the United States.

The agreement was reached during high-level talks in Dar es Salaam involving Tanzania's Minister for Defence and National Service, Dr Rhimo Nyansaho, Minister for Foreign Affairs and East African Cooperation, Ambassador Mahmoud Thabit Kombo, and an 11-member United States congressional delegation led by Congressman Ronny Jackson, Chairman of the House Armed Services Subcommittee.

According to a statement issued by the Ministry of Foreign Affairs and East African Cooperation, the discussions focused on key areas of cooperation, including trade, investment, defence and security, as well as regional peace and stability in East and Central Africa.

Expanding Trade and Investment

Both countries reaffirmed their commitment to expanding economic cooperation, particularly in strategic sectors such as liquefied natural gas (LNG), critical minerals, aviation, defence and security.

Tanzania also emphasized the importance of strengthening people-to-people relations by requesting the removal of visa restrictions affecting Tanzanians travelling to the United States, alongside other measures that have been imposed in recent years.

Recognition of Tanzania's Regional Role

The US congressional delegation commended Tanzania for its continued contribution to regional peace and security, highlighting the country's efforts in combating terrorism and its participation in peace support operations across Africa.

STANBIC STRENGTHENS PARTNERSHIP WITH CHINESE COMMUNITY THROUGH TZS 30 MIL. BASKETBALL TOURNAMENT SPONSORSHIP

Head of Corporate & Investment Banking at Stanbic Bank Tanzania, Ester Manase (right), presents a symbolic cheque worth TZS 30 million to the President of the Chinese Enterprises Association in Tanzania (CEA), Jiang Yuntao, in support of the Chinese Basketball Tournament, which brought together teams representing Chinese companies operating in Tanzania.

Dar es Salaam; August 1, 2026 - Stanbic Bank Tanzania has reinforced its long-standing partnership with Tanzania's Chinese community by sponsoring the 2026 Chinese Basketball Tournament with TZS 30 million, while also making history by fielding its own basketball team in the competition.

The sponsorship cheque was presented during the official opening ceremony at Don Bosco Grounds in Namanga, Dar es Salaam, in the presence of the Guest of Honour, Her Excellency Chen Mingjian, Ambassador of the People's Republic of China to Tanzania.

Unlike many corporate sponsors, Stanbic Bank went beyond financial support by participating in the tournament as a competitor. The Bank's dual role as sponsor and participant highlights its commitment to strengthening business relationships, fostering community engagement, and promoting cultural exchange through sport.

Over the years, the Chinese Basketball Tournament has evolved into one of Tanzania's most significant platforms for bringing together Chinese businesses, community leaders, and strategic partners. For Stanbic Bank, the event provides an opportunity to deepen relationships beyond banking while giving its employees the chance to proudly represent the Bank on the basketball court.

Speaking ahead of the tournament's opening, Ester Manase, Head of Corporate & Investment Banking at Stanbic Bank Tanzania, said the sponsorship reflects the Bank's commitment to building meaningful partnerships that extend beyond financial services.

"For many years, this tournament has been one of our most valued platforms for engaging with the Chinese community in Tanzania because strong partnerships are built through shared experiences, not transactions alone. This commitment is reflected in our work through Standard Bank Group, our partnership with ICBC, and our dedicated Chinese Desk, which connects Chinese businesses with opportunities across Tanzania and Africa," she said.

AIRTEL MONEY LAUNCHES 'MINYOOSHO INAENDELEA' CAMPAIGN TO REWARD MY AIRTEL APP USERS

Dar es Salaam, Tanzania – Airtel Money Tanzania has unveiled "Minyoosho Inaendelea na My Airtel App," a new nationwide customer rewards campaign aimed at accelerating the adoption of digital financial services while rewarding customers for using the My Airtel App.

The three-month campaign builds on the success of the recently concluded Mwaka Umeyooka promotion and reinforces Airtel Money's commitment to making digital financial services simple, secure, accessible, and rewarding for Tanzanians across the country.

Under the campaign, every Airtel Money customer who has downloaded and actively uses the My Airtel App will have the opportunity to participate in an exciting Spin & Win experience. Customers who complete eligible Airtel Money transactions through the app will instantly receive a chance to spin a digital wheel and win a range of attractive prizes.

The campaign features a variety of rewards, including motorcycles, television sets, smartphones, cash prizes, and many other instant giveaways.

Eligible transactions include:

• Sending money
• Merchant payments
• Airtime purchases
• Data bundle purchases
• Bill payments
• Cash withdrawals
• International money transfers
• Home Broadband payments made through the My Airtel App

Speaking during the launch, Airtel Money Director Andrew Rugamba said the campaign reflects Airtel Money's continued commitment to expanding access to digital financial services while creating a more engaging customer experience.

"Minyoosho Inaendelea is about encouraging more customers to experience the convenience and benefits of the My Airtel App. Every eligible transaction provides an opportunity to win instantly while building confidence in the use of digital financial services for everyday needs," said Rugamba.

BENKI YA EXIM YAENDELEA KUWEKEZA KATIKA VIJANA WABUNIFU KUPITIA USHIRIKIANO WA MIAKA SITA NA YST

Meneja Mkuu wa Masoko na Mawasiliano wa Benki ya Exim Tanzania, Kauthar D’souza (kushoto), akisalimiana na Mwanzilishi Mwenza wa Taasisi ya Wanasayansi Chipukizi Tanzania (YST), Dkt. Gozibert Kamugisha (kulia), muda mfupi baada ya Benki ya Exim Tanzania na YST kuzindua ushirikiano wa mwaka 2026 kupitia Programu ya YST 2026 jijini Dar es Salaam.

Dar es Salaam; Julai 31, 2026 - Benki ya Exim Tanzania imezindua rasmi ushirikiano wake wa mwaka 2026 na Taasisi ya Wanasayansi Chipukizi Tanzania (Young Scientists Tanzania – YST), ikiadhimisha miaka sita ya ushirikiano unaolenga kuwawezesha vijana wabunifu kupitia sayansi, teknolojia, utafiti na ubunifu.

Uzinduzi huo uliofanyika katika Makao Makuu ya Benki ya Exim Tanzania (Exim Tower) jijini Dar es Salaam unathibitisha dhamira ya pande hizo mbili ya kuendelea kuandaa kizazi kijacho cha watafiti, wavumbuzi na watatuzi wa changamoto za kijamii kupitia elimu na teknolojia.

Ushirikiano huo, ulioanza mwaka 2021, unaendelea kuonesha dhamira ya Exim Bank ya kuwekeza katika maendeleo ya vijana kama sehemu ya mchango wake kwa maendeleo ya muda mrefu ya kijamii na kiuchumi nchini Tanzania.

Akizungumza wakati wa hafla hiyo, Meneja Mkuu wa Masoko na Mawasiliano wa Benki ya Exim Tanzania, Kauthar D'Souza, alisema benki hiyo inaamini kuwa uwekezaji kwa vijana ni msingi wa kujenga taifa lenye ushindani, ubunifu na maendeleo endelevu.

"Exim Bank Tanzania tunaamini kuwa ubunifu huanza kwa kuwawezesha vijana. Ushirikiano wetu na Taasisi ya Wanasayansi Chipukizi Tanzania unaonesha dhamira yetu ya kuwaunga mkono wanafunzi wenye udadisi, ubunifu na ari ya kutafuta suluhisho zinazoweza kubadilisha jamii na kuchangia maendeleo ya taifa,"alisema D'Souza.

Aliongeza kuwa katika kipindi cha miaka sita iliyopita, YST imeendelea kuwa mshirika muhimu wa Benki hiyo katika kuibua vipaji vya vijana wanaotumia sayansi, utafiti na ubunifu kutatua changamoto mbalimbali zinazoikabili jamii.

"Kwa kuwekeza katika elimu, ubunifu na maendeleo ya vipaji vya vijana leo, tunajenga msingi imara wa maendeleo endelevu ya Tanzania," alisisitiza.

Rekodi Mpya ya Ushiriki wa Wanafunzi

Programu ya YST 2026 imeweka rekodi mpya kwa kupokea miradi 1,330 kutoka shule 287 za sekondari zilizopo katika mikoa yote ya Tanzania.

MABANDA YA NMB YAVUTA MAWAZIRI NA WANANCHI KATIKA MAONESHO YA NANE NANE 2026

Dodoma; Agosti 2, 2026 - Mabanda ya Benki ya NMB yanaendelea kuwa miongoni mwa vivutio vikuu katika Maonesho ya Nane Nane 2026 yanayoendelea katika kanda mbalimbali nchini, huku mawaziri, viongozi wa Serikali na maelfu ya wananchi wakiyatembelea kujionea suluhisho za kifedha zinazowezesha maendeleo ya sekta za kilimo, mifugo, uvuvi na biashara.

Ushiriki huo unaonyesha nafasi ya NMB kama mshirika mkuu wa MAENDELEO ya uchumi wa Tanzania kupitia utoaji wa huduma za kifedha zinazolenga kuongeza uzalishaji, kuimarisha biashara na kuboresha maisha ya wananchi.

Katika Kanda ya Kati jijini Dodoma, Waziri wa Fedha, Balozi Khamis Mussa Omar, pamoja na Naibu Waziri wa Kilimo, David Silinde, walitembelea banda la NMB na kupata fursa ya kujionea huduma mbalimbali za kifedha ambazo benki hiyo imeandaa mahsusi kwa ajili ya wakulima, wafugaji, wavuvi na wafanyabiashara.

Katika Maonesho ya Nane Nane Kanda ya Mashariki yanayofanyika katika Viwanja vya Mwalimu Julius Nyerere mkoani Morogoro, Naibu Waziri wa Fedha, Laurent Luswetula, alitembelea banda la NMB ambapo alipokea maelezo kutoka kwa Meneja Mahusiano wa Benki ya NMB Kanda ya Kati kutoka Idara ya Kilimo na Biashara, Miastela Magoma, kuhusu bidhaa na huduma mbalimbali za kifedha zinazochochea maendeleo ya sekta ya kilimo na biashara.

Nayo katika Kanda ya Ziwa, mkoani Mwanza, Meneja Mahusiano wa Biashara kwa Serikali wa Benki ya NMB, Humphrey Kaaya, aliendelea kutoa elimu kwa wananchi kuhusu fursa za mikopo ya matrekta pamoja na suluhisho za kifedha zinazowezesha ununuzi wa zana za kisasa za kilimo, hatua inayolenga kuongeza tija na kuharakisha matumizi ya teknolojia katika uzalishaji wa kilimo.

Mbali na viongozi wa Serikali, mabanda ya NMB yameendelea kuvutia maelfu ya wananchi wanaotembelea maonesho hayo kila siku, wakipata elimu ya kifedha pamoja na taarifa kuhusu bidhaa na huduma mbalimbali zinazowawezesha kukuza shughuli zao za kiuchumi.

WAZIRI MKUU APONGEZA NMB KWA KUSOGEZA HUDUMA ZA KIFEDHA VIJIJINI

Waziri Mkuu Dkt. Mwigulu Nchemba (kushoto) akisikiliza maelezo kutoka kwa Mkuu wa Idara ya Biashara za Serikali wa Benki ya NMB, Bi. Vicky Bishubo, alipotembelea banda la benki hiyo katika Maonesho ya Kitaifa ya Kilimo Nanenane yanayoendelea kwenye Viwanja vya John S. Malecela, Nzuguni mkoani Dodoma jana. NMB ni mdhamini wa maonesho hayo.

Dodoma; Agosti 1, 2026 - Waziri Mkuu Dkt. Mwigulu Nchemba ameipongeza Benki ya NMB kwa juhudi zake za kusogeza huduma za kifedha karibu na wananchi kupitia matumizi ya teknolojia na utekelezaji wa mkakati wa Rural Banking, akisema hatua hiyo inaunga mkono juhudi za Serikali za kukuza ujumuishi wa kifedha na maendeleo ya wananchi.

Akizungumza alipotembelea banda la NMB katika Maonesho ya Nanenane yanayoendelea jijini Dodoma, Waziri Mkuu alisema Serikali itaendelea kuboresha mazingira ya biashara pamoja na kupunguza gharama za miamala ya kifedha ili kuwawezesha Watanzania wengi zaidi kupata huduma za kifedha kwa urahisi.

Akimkaribisha Waziri Mkuu katika banda hilo, Mkuu wa Idara ya Biashara za Serikali wa NMB, Bi. Vicky Bishubo, alisema benki hiyo imeendelea kuwa mshirika muhimu wa maendeleo kwa kuwekeza kwa kiwango kikubwa katika sekta za kilimo, uvuvi na ufugaji.

Alisema hadi sasa NMB imetoa mikopo yenye thamani ya Shilingi trilioni 2.3 kwa sekta hizo, hatua inayochochea uzalishaji, kuongeza kipato cha wananchi na kuimarisha mchango wa sekta ya kilimo katika ukuaji wa uchumi wa Taifa.

Bi. Bishubo aliongeza kuwa benki hiyo imeendelea kutumia teknolojia kurahisisha upatikanaji wa huduma za kifedha, ikiwemo kuwawezesha vijana kupata mikopo ya hadi Shilingi milioni mbili kupitia mifumo ya kidijitali bila kuhitaji dhamana wala kufika katika tawi la benki.

Aidha, alisema huduma za Rural Banking zinaendelea kuwafikia wananchi moja kwa moja katika masoko, minada ya mifugo na maeneo mengine ya biashara vijijini, hatua inayosaidia kupunguza umbali wa kupata huduma za kifedha na kuongeza ushiriki wa wananchi katika mfumo rasmi wa fedha.

Mbali na huduma za benki, NMB inaendelea kuwekeza katika utoaji wa elimu ya fedha kupitia programu ya NMB Kijiji Day, inayolenga kuwajengea wananchi uelewa wa masuala ya kifedha, usimamizi wa biashara na matumizi sahihi ya huduma za benki.

NMB STRENGTHENS PARTNERSHIP WITH GOVERNMENT TO ADVANCE AGRICULTURAL DEVELOPMENT

Prime Minister Dr. Mwigulu Nchemba (left) receives a briefing from NMB Bank Head of Government Business, Ms. Vicky Bishubo, during his visit to the bank's pavilion at the National Nanenane Agricultural Exhibition at the John S. Malecela Grounds in Nzuguni, Dodoma yesterday. NMB is one of the sponsors of the exhibition.

Dodoma; August 1, 2026 – NMB Bank has reaffirmed its long-standing partnership with the Government by presenting a sponsorship cheque to the Ministry of Agriculture in support of the 2026 Nanenane Agricultural Exhibition, reinforcing efforts to expand access to knowledge, technology and financial services for farmers, livestock keepers and fishers across Tanzania.

The sponsorship handover ceremony, held yesterday evening in Dodoma, highlights the growing role of public-private partnerships in driving agricultural transformation by creating opportunities for producers to improve productivity, strengthen value chains and access sustainable financing.

With this year's contribution, NMB Bank's cumulative sponsorship of the annual Nanenane Exhibition has reached TZS 572 million over eight consecutive years, underscoring its sustained commitment to Tanzania's agricultural sector.

Speaking during the ceremony, NMB Central Zone Manager Janeth Shango said the bank considers Nanenane an important platform for connecting producers with knowledge, innovation and financial solutions that contribute to long-term agricultural growth.

"This contribution continues our eight-year commitment to supporting the exhibition as part of our efforts to enable the Government to reach farmers, livestock keepers and fishers and promote productive agriculture. We believe sustainable agricultural development requires enduring partnerships between the public and private sectors," she said.

 

Shango noted that beyond sponsoring the exhibition, NMB continues to invest in financial literacy programmes, agricultural financing and specialised banking solutions that enable producers to expand production, strengthen their businesses and improve household incomes.

She added that the bank will once again maintain an active presence at this year's exhibition by providing advisory services, financial education and banking solutions directly to exhibitors and visitors.

Receiving the sponsorship, Minister for Agriculture Daniel Chongolo commended NMB for its unwavering support to Tanzania's farming community through innovative financial products and services, describing the bank as a dependable partner in advancing agricultural development.

"We have no doubt about NMB—from your performance to the way you have remained close to our farmers. We see and appreciate your contribution in empowering farmers, and we encourage you to continue doing so while inspiring others to follow your example," Chongolo said.

STANDARD CHARTERED FOUNDATION DONATES 21.4M/- TO EMPOWER TANZANIAN WOMEN THROUGH CCBRT PROGRAMME

Dar es Salaam: July 31, 2026 - Standard Chartered Foundation, through Standard Chartered Tanzania, has donated TZS 21.4 million to support CCBRT's Mabinti Programme, reinforcing its commitment to advancing women's economic empowerment and financial inclusion in Tanzania. The funding will provide vocational and financial skills training to 40 women, while also supporting the purchase of sewing machines to help beneficiaries establish sustainable income-generating businesses.

The six-week programme will equip participants with practical skills in crocheting, embroidery, business management and financial literacy, enabling them to build viable livelihoods and improve their long-term economic prospects. The sewing machines purchased through the donation will further enhance their productivity and ability to generate income after completing the training.

CCBRT's Mabinti Programme focuses on empowering vulnerable and underprivileged women, including women with disabilities, survivors of obstetric fistula, young women who have left school, and others facing economic and social exclusion. Through entrepreneurship support and skills development, the programme aims to foster financial independence and improve quality of life.

The latest contribution builds on an existing partnership between Standard Chartered Tanzania and CCBRT. Earlier this year, during International Women's Day celebrations, the Bank donated 12 sewing machines to the Mabinti Centre and conducted financial literacy training for programme participants, underscoring its ongoing commitment to women's empowerment through practical support and knowledge sharing.

Speaking on the donation, Geofrey Mchangila, Chief Executive Officer and Head of Coverage at Standard Chartered Tanzania, said the initiative reflects the Bank's continued commitment to creating opportunities for women to achieve financial independence.

"We are proud to continue our partnership with CCBRT in supporting the impactful work of the Mabinti Programme. Today, we are further strengthening our commitment by donating TZS 21.4 million to support vocational skills development, business and financial management training for 40 women, as well as the procurement of additional sewing machines. We believe initiatives like these play a vital role in empowering women with the skills, knowledge and resources needed to build sustainable livelihoods and brighter futures."

BAYPORT MARKS 20 YEARS WITH TZS 100 MILLION ICT DONATION TO BOOST DIGITAL EDUCATION IN KIBAMBA

Dar es Salaam, Tanzania; July 31, 2026 – Bayport Financial Services Tanzania has marked its 20th anniversary by donating 20 HP desktop computers and two all-in-one printers worth TZS 100 million to the Education Department of Kibamba Constituency, reaffirming its long-standing commitment to education, digital transformation, and Tanzania's socio-economic development.

The ICT equipment was officially handed over during a ceremony held at Anazaki Primary School in Kimara, attended by the Guest of Honour, Minister for Communication and Information Technology and Kibamba Member of Parliament, Hon. Angellah Jasmine Kairuki, alongside district leaders, education officials, members of the media, and Bayport executives.

Speaking during the event, Bayport Financial Services Tanzania Chief Credit Officer, Amina Amani, said the donation was designed to create a lasting legacy as the company celebrates two decades of empowering Tanzanians through financial services.

"As we reflected on how best to celebrate this milestone, we asked ourselves how we could create a legacy that would continue making a difference long after the celebrations are over. The answer was clear—we wanted to make an investment that would continue creating value for communities and support Tanzania's development journey," she said.

Over the past 20 years, Bayport has served more than 430,439 Tanzanians, predominantly civil servants, and has disbursed more than TZS 529 billion in loans, helping customers achieve their personal and financial aspirations.

The newly donated computers and printers are expected to strengthen digital education management systems within Kibamba by improving administrative efficiency, record management, communication, and access to technology for education officials.

Amani said the ICT equipment represents far more than technology.

"These computers represent opportunity. They will support education officers and teachers who are shaping the future of our nation while strengthening service delivery through digital transformation," she noted.

NMB YAENDELEA KUIMARISHA KILIMO KUPITIA USHIRIKIANO WA NANENANE

Waziri wa Kilimo, Daniel Chongolo (wa pili kushoto), akipokea mfano wa hundi ya udhamini kutoka kwa Meneja wa NMB Kanda ya Kati, Janeth Shango (wa pili kulia), wakati wa hafla iliyofanyika jana jioni jijini Dodoma kwa ajili ya Maonesho ya Nanenane 2026. Kushoto ni Katibu Mkuu wa Wizara ya Kilimo, Gerald Mweli, na kulia ni Meneja Mwandamizi wa Idara ya Biashara za Serikali wa NMB, Amanda Feruzi. Udhamini huo unaendeleza ushirikiano wa muda mrefu kati ya NMB na Serikali katika kukuza maendeleo ya sekta ya kilimo

Dodoma. Benki ya NMB imeendelea kuonesha dhamira yake ya kuunga mkono maendeleo ya sekta ya kilimo nchini baada ya kukabidhi hundi ya udhamini kwa Wizara ya Kilimo kwa ajili ya Maonesho ya Nanenane 2026.

Makabidhiano hayo yaliyofanyika jana jioni jijini Dodoma yamefikisha jumla ya mchango wa NMB katika maonesho hayo kufikia Shilingi milioni 572 ndani ya kipindi cha miaka minane mfululizo, yakidhihirisha ushirikiano wa muda mrefu kati ya benki hiyo na Serikali katika kukuza kilimo, mifugo na uvuvi.

Akizungumza wakati wa hafla hiyo, Meneja wa NMB Kanda ya Kati, Janeth Shango, alisema Maonesho ya Nanenane ni jukwaa muhimu linalowawezesha wakulima, wafugaji na wavuvi kupata maarifa mapya, teknolojia za kisasa pamoja na huduma za kifedha zinazochochea ongezeko la uzalishaji na kufungua fursa mpya za biashara.

Alibainisha kuwa kupitia ushiriki wake katika maonesho hayo, NMB itaendelea kuwafikia wadau wa sekta ya kilimo kwa suluhisho mbalimbali za kifedha zinazolenga kuongeza tija na kuchochea ukuaji wa uchumi wa taifa.

Kwa upande wake, Waziri wa Kilimo, Daniel Chongolo, aliipongeza Benki ya NMB kwa kuendelea kuwa mshirika muhimu wa Serikali katika maendeleo ya sekta ya kilimo. Alisema mchango wa benki hiyo umeendelea kuwafikisha wakulima karibu zaidi na huduma za kifedha na kuhimiza NMB kuendeleza ushirikiano huo ili kuwafikia Watanzania wengi zaidi kupitia elimu ya kifedha, matumizi ya teknolojia na bidhaa zinazokidhi mahitaji ya sekta hiyo.

NMB FOUNDATION, MERCY CORPS SEAL TZS 2.6 BILLION PARTNERSHIP TO ACCELERATE TANZANIA'S E-MOBILITY SECTOR

NMB Foundation General Manager, Nelson Karumuna (second left) shakes hands with Mercy Corps Tanzania Coordinator, Anthony Salota after signing the Evolve Project implementation agreement in Dar es Salaam. Looking on are Virginie Hallet, Country Director of Enabel Tanzania (left), and Marc Stalmans, Head of Cooperation at the European Union Delegation to Tanzania (right).

Dar es Salaam; July 31, 2026 – NMB Foundation and Mercy Corps Tanzania have signed a TZS 2.6 billion implementation agreement aimed at accelerating the growth of Tanzania's emerging electric mobility (E-Mobility) industry by expanding access to finance, entrepreneurship support, and business development services for women, youth, and small enterprises.

The two-year partnership, signed on July 31, 2026, will be implemented under the Evolve Project, which is funded by the European Union through the Belgian Development Agency (Enabel). The initiative is designed to strengthen Tanzania's green transport ecosystem while promoting inclusive economic growth and sustainable entrepreneurship.

The agreement was signed by NMB Foundation General Manager, Nelson Karumuna, and Mercy Corps Tanzania Coordinator, Anthony Salota, in the presence of Enabel Tanzania Country Director, Virginie Hallet, and Head of Cooperation at the European Union Delegation to Tanzania, Marc Stalmans.

Empowering Tanzania's Green Entrepreneurs

Speaking after the signing ceremony, Mr. Karumuna said the partnership reflects NMB Foundation's commitment to supporting innovative businesses that contribute to sustainable development and economic transformation.

He noted that the project will strengthen enterprises operating across the E-Mobility value chain by providing entrepreneurship training, business advisory services, and improved access to financing.

According to him, the first phase of implementation will support more than 25 businesses in Dar es Salaam, creating a strong foundation for future expansion into other regions of Tanzania.

"Our goal is to empower entrepreneurs with the financial resources, technical knowledge and business support they need to build sustainable businesses while contributing to the country's clean energy transition," he said.

Supporting Innovation and Business Growth

Mercy Corps Tanzania Coordinator Anthony Salota said his organization will spearhead project implementation by identifying innovative entrepreneurs and existing businesses that require financial and technical support to expand their operations.

He explained that the initiative is expected to stimulate innovation, create employment opportunities, and encourage wider adoption of environmentally friendly transport solutions across Tanzania.

TANZANIA'S 2-YEAR TREASURY BOND OVERSUBSCRIBED NEARLY FOUR TIMES AS INVESTORS BID TSH 438 BILLION

DAR ES SALAAM; July 31, 2026 – Tanzania's domestic debt market continues to demonstrate remarkable resilience after the latest 2-Year Treasury Bond auction attracted investor bids worth nearly four times the amount offered, underscoring sustained confidence in government securities despite declining yields.

According to the Bank of Tanzania (BoT), investors submitted TSh 438.11 billion in competitive bids during Wednesday's auction for the 9.5 per cent Two-Year Treasury Bond, significantly exceeding the TSh 111.15 billion available under the competitive bidding window.

The auction was oversubscribed by TSh 326.96 billion, enabling the central bank to fully meet its funding target while rejecting a substantial portion of investor applications.

Strong Appetite for Government Securities

The impressive demand reflects continued confidence among commercial banks, pension funds, insurance companies, and other institutional investors, who increasingly regard Treasury securities as a safe and reliable investment amid Tanzania's stable macroeconomic environment and ample liquidity within the financial sector.

BoT received 82 competitive bids, accepting 34 bids that collectively matched the amount on offer. Although many bids were rejected, the high subscription level demonstrates investors' willingness to commit significantly more capital than the government sought to raise.

Limited Participation in Non-Competitive Window

The auction also featured a non-competitive bidding window, designed primarily for smaller investors who agree to purchase bonds at the weighted average price determined through the competitive auction.

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.

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.

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.

Bando	Ada 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 Poa	TZS 49,999	TZS 250	TZS 4,000	TZS 8,000
Bando Bomba	TZS 99,999	TZS 150	TZS 2,500	TZS 5,000
Bando Max	TZS 199,999	TZS 100	TZS 1,500	TZS 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.