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Wednesday, 11 March 2026

NCBA HOSTS IFTAR IN ZANZIBAR, REINFORCING FINANCIAL INCLUSION AND CUSTOMER PARTNERSHIPS

From left: Mr. Sudi Said Ally, Director at Zanzibar State Trading Corporation (ZSTC); Dr. Juma Malik Akil, Minister of Finance and Planning – Zanzibar; and Rahim Suleiman, Head of Global Markets at NCBA Bank Tanzania, during the NCBA customer Iftar dinner held at Verde Hotel Zanzibar, where the bank hosted key partners and clients in the spirit of Ramadan.

As the sun set over Zanzibar and the call to prayer marked the breaking of the fast, business leaders, entrepreneurs and community stakeholders gathered at Verde Hotel for an evening reflecting the deeper spirit of Ramadan — unity, generosity and shared purpose.

Hosted by NCBA Bank Tanzania, the customer Iftar dinner brought together clients, partners and policymakers in a moment of reflection that highlighted the growing role of financial institutions in enabling economic opportunity and strengthening communities.

Speaking on behalf of Managing Director, Alex Mziray, NCBA Head of Global Markets, Rahim Suleiman said Ramadan offers an important opportunity for institutions to reconnect with the communities they serve and reflect on the responsibility of supporting progress.

Ramadan is a month that calls us to pause, reflect and realign our intentions. At NCBA Bank Tanzania, we believe banking must be human, accessible and capable of creating shared progress across the communities we serve,” he said.

Suleiman noted that even during a sacred period of reflection, the realities of life and business continue. Traders still require stock, families need financial flexibility, transport operators must keep goods moving and entrepreneurs must manage their businesses and expansion plans.

Our responsibility as a financial partner is to ensure that our financial ecosystem supports that rhythm,” he said.

Through Asset Finance, NCBA continues to support businesses acquiring vehicles, machinery and equipment that drive productivity across sectors such as logistics, trade, construction and enterprise.

When we finance a vehicle or productive equipment, we are not simply financing assets. We are enabling movement, strengthening supply chains and supporting employment across the economy,” Suleiman added.

EQUITY BANK YAADHIMISHA SIKU YA WANAWAKE DUNIANI NA KUENDELEZA UWEZESHAJI WA WANAWAKE

Dar es Salaam: Benki ya Equity Tanzania imeungana na dunia kuadhimisha Siku ya Wanawake Duniani 2026 kwa kusherehekea na kutambua mchango mkubwa wa wanawake ambao ni wateja na pia wafanyakazi wa benki hiyo.

Maadhimisho hayo yalileta pamoja wanawake kutoka makundi mbalimbali, yakitoa fursa ya kutambua na kusherehekea mchango wao muhimu katika maendeleo ya biashara, jamii na uchumi kwa ujumla. Tukio hilo pia lilikuwa jukwaa la kukutana, kubadilishana mawazo na kusherehekea nguvu, uthabiti na ubunifu wa wanawake wanaoendelea kufanya mambo yawezekane kila siku.

Kupitia kaulimbiu ya mwaka huu ya Siku ya Wanawake Duniani, “Give to Gain,” Equity Bank Tanzania imewahimiza wanawake kutambua kuwa maendeleo ya kweli hupatikana pale wanapowekeza kwa wengine, wanapofungua milango ya fursa na kujenga mazingira ya ujumuishi kwa wote.

Benki hiyo pia imeeleza kujivunia mchango mkubwa wa wanawake katika safari yake ya mafanikio, kuanzia katika utoaji wa huduma kwa wateja, uendeshaji wa biashara hadi kushika nafasi mbalimbali za uongozi ndani ya taasisi hiyo.

Katika mwezi huu wa kuadhimisha wanawake, Equity Bank Tanzania inaendelea kuwawezesha wanawake kifedha kupitia dirisha lake maalum la Mwanamke Plus, ambalo limebuniwa kusaidia kukuza uwezo wa kiuchumi wa wanawake.

Kupitia huduma hiyo, wanawake wanaweza kupata ufadhili wa mikopo kwa asilimia 100 kwa ajili ya biashara na makazi, pamoja na mafunzo na elimu ya kifedha bila malipo ili kuwajengea uwezo wa kusimamia vyema fedha na biashara zao.

Tuesday, 10 March 2026

TANZANIA’S MORTGAGE MARKET GROWS TO 720.8 BILLION AS HOUSING DEMAND CONTINUES TO RISE

Tanzania’s mortgage market continues to show steady growth, reflecting rising demand for housing finance and increasing participation by financial institutions in the sector.

According to the Tanzania Mortgage Market Update as of 30 September 2025, the total value of residential mortgages reached TZS 720.81 billion, representing a 3.8 percent increase from TZS 694.35 billion recorded in June 2025. On a year-on-year basis, the market expanded by 10.92 percent compared to TZS 649.84 billion recorded in September 2024.

The data highlights the continued evolution of the mortgage industry in Tanzania as the country works to address a growing housing deficit while expanding access to long-term housing finance.

Mortgage Market Expands with 29 Lenders

The number of financial institutions offering mortgage products has grown significantly in recent years. As of September 2025, 29 banks and financial institutions were actively providing residential mortgages, reflecting growing competition and broader access to housing finance in the country.

Despite this increase in participation, the market remains concentrated among a few major lenders. The top five primary mortgage lenders account for 62 percent of the total outstanding mortgage debt in Tanzania.

Leading Mortgage Lenders in Tanzania

The leading institutions in the mortgage market include:

  • CRDB Bank Plc – 31.23% market share
  • NMB Bank Plc – 12.74%
  • Azania Bank Plc – 8.09%
  • Tanzania Commercial Bank Plc – 5.22%
  • First Housing Finance Company Limited – 5.15%

These institutions continue to play a significant role in expanding mortgage financing and supporting residential housing development across the country.

Average Mortgage Loan Size Reaches TZS 124 Million

The average mortgage loan size stood at TZS 124.17 million (approximately US$50,579) as of September 2025, up slightly from TZS 122.72 million recorded in the previous quarter.

Meanwhile, the ratio of mortgage debt to Gross Domestic Product (GDP) increased modestly to 0.46 percent, compared to 0.43 percent in the previous quarter, indicating gradual expansion of housing finance relative to the overall economy.

Economic Growth and Population Driving Housing Demand

Demand for housing in Tanzania continues to grow, supported by several structural factors. These include:

  • Sustained economic growth averaging about 5.8 percent over the past decade
  • A rapidly growing population expected to more than double by 2050
  • Ongoing government and international initiatives to expand affordable housing development

Monday, 9 March 2026

ACI FMA TANZANIA HOSTS IFTAR TO STRENGTHEN DIALOGUE ON FINANCIAL MARKET DEVELOPMENT

ACI FMA Tanzania President, Mr. Farid Yahya Ally, addresses participants during an iftar dinner in Dar es Salaam. The gathering brought together market participants, policymakers, and regulators to strengthen collaboration and promote a resilient financial market environment in the country. ACI FMA Tanzania is a non-profit organisation that promotes best market practices by providing financial markets practitioners with training, professional engagement opportunities, and certifications.
Dar es Salaam Stock Exchange (DSE) Chief Executive Officer, Mr. Peter Nalitolela (right), ACI FMA Global President, Mr. Rui Correia, and ACI FMA Tanzania President, Mr. Farid Yahya Ally, serve iftar dinner during an event hosted by ACI FMA Tanzania in Dar es Salaam.
ACI FMA Tanzania President, Mr. Farid Yahya Ally (right), exchanges views with ACI FMA Global President, Mr. Rui Correia (left), and Bank of Tanzania Senior Financial Analyst, Mr. Stanslaus Shenyali, during an iftar dinner hosted by ACI FMA Tanzania in Dar es Salaam.

ACI Financial Markets Association Tanzania has reaffirmed its commitment to supporting the sustainable growth of Tanzania’s financial markets and contributing meaningfully to the broader development of the national economy.

The commitment was highlighted by the Association’s President, Farid Yahya Ally, during an iftar gala held in Dar es Salaam over the weekend. The event featured a panel discussion focusing on the progress and challenges facing Tanzania’s financial markets and brought together market participants, policymakers, and regulators.

Through continued collaboration with regulators, policymakers, and industry participants, the Association will continue to support initiatives aligned with Tanzania’s long-term development objectives, including the aspirations of DIRA 2050, which aims to build a one-trillion-dollar economy,” said Mr. Ally.

UNDP NA SERIKALI YA UINGEREZA WATOA MIL. 70 KUSAIDIA BIASHARA BUNIFU ZA WANAFUNZI WA VYUO VIKUU

Zanzibar, Machi 9, 2026 — United Nations Development Programme (UNDP) Tanzania kwa kushirikiana na Serikali ya Uingereza kupitia Foreign, Commonwealth & Development Office (FCDO) wametoa zaidi ya TSh milioni 70 kama mtaji wa awali (seed funding) kusaidia biashara bunifu zilizoanzishwa na wanafunzi wa vyuo vikuu nchini Tanzania.

Ufadhili huo umetolewa katika msimu wa pili wa Mpango wa Kubadilishana Ujuzi miongoni mwa Wahadhiri wa Vyuo Vikuu Afrika ya Mashariki, uliofanyika kwa siku tatu katika kampasi ya Indian Institute of Technology Madras Zanzibar.

Mpango huo uliwaleta pamoja wabunifu wanafunzi, viongozi wa vyuo vikuu, wakufunzi pamoja na wadau wa mfumo wa ubunifu, kwa lengo la kuimarisha nafasi ya vyuo vikuu kama injini za ujasiriamali na ubunifu.

Mpango huu unaendeleza mafanikio ya toleo la kwanza lililojulikana kama RISE 4.0, ambalo liliweka msingi wa kusaidia vijana wabunifu kubadilisha mawazo ya darasani kuwa biashara halisi zinazoweza kukua na kushindana sokoni.


Ushirikiano wa Kuimarisha Mfumo wa Ubunifu

Mpango huu unatekelezwa na UNDP kupitia Mradi wa FUNGUO, kwa ushirikiano na FCDO. Ushirikiano huu unalenga kuimarisha mfumo wa ubunifu nchini Tanzania kwa kuwaunganisha wanafunzi na:

  • Ushauri elekezi (mentorship)
  • Fursa za ufadhili
  • Mafunzo ya ujasiriamali
  • Mitandao ya wadau wa ubunifu na wawekezaji

Kupitia mpango huu, wabunifu vijana wanapata mazingira bora ya kuendeleza mawazo yao hadi kuwa biashara endelevu.


Mafunzo na Ushauri kwa Wabunifu Vijana

Kabla ya kutangazwa kwa washindi, timu za wanafunzi zilipata mafunzo na ushauri wa kina kutoka kwa wataalamu wa vyuo vikuu na wadau wa mfumo wa ubunifu.

Mafunzo hayo yalijikita katika:

  • Uundaji wa mawazo ya biashara
  • Ukuaji wa biashara changa (startups)
  • Mikakati ya kuingiza ubunifu sokoni
  • Kujenga biashara zinazoweza kupanuka na kushindana kibiashara

DIAMOND TRUST BANK HONORS FEMALE EMPLOYEES ON INTERNATIONAL WOMEN’S DAY 2026

In commemoration of International Women’s Day 2026, Diamond Trust Bank Tanzania (DTB) celebrated the remarkable contributions of its female employees under the theme “Give to Gain.” The bank took the opportunity to formally recognise the vital role women play in driving the organisation’s success and supporting its continued growth.

As part of the celebration, tokens of appreciation were presented to women across the organisation. The gesture served as both recognition of their dedication and a reaffirmation of the bank’s commitment to promoting gender diversity, inclusivity, and equal opportunities within the workplace.

During a special ceremony held to mark the occasion, the Chief Executive Officer, Ravneet Chowdhury, joined female members of the bank’s management team in presenting the tokens of appreciation to employees. The event highlighted DTB’s gratitude for the professionalism, resilience, and hard work consistently demonstrated by its female workforce.

Sunday, 8 March 2026

PUMA ENERGY HOSTS IFTAR IN ZANZIBAR TO STRENGTHEN PARTNERSHIPS & COMMUNITY UNITY

ZANZIBAR, 6 March 2026 – Puma Energy Tanzania hosted a special Iftar gathering in Zanzibar, bringing together clients, partners, government leaders and key stakeholders in a spirit of unity and appreciation during the holy month of Ramadan.

The gathering served as an opportunity for the company to recognise the continued support of its customers and partners whose collaboration plays an important role in its operations across the country, including its growing presence in Zanzibar.

Held during Ramadan — a time that emphasises compassion, generosity and togetherness — the shared meal created a space for meaningful dialogue and stronger connections beyond formal business engagements. Guests broke their fast together while engaging with company leadership in an atmosphere of reflection and partnership.

The event was graced by the Guest of Honour, the Minister of Water, Energy and Minerals of Zanzibar, Nadir Abdullatif Al‑Wardy.

Strengthening Stakeholder Relationships

Speaking during the event, Managing Director of Puma Energy Tanzania, Fatma M. Abdallah, said the gathering reflected the company’s commitment to building strong relationships with stakeholders and the communities it serves.

This gathering is our way of recognising the importance of our stakeholders and community in our journey. Their continued trust enables us to operate responsibly and expand access to reliable energy solutions. Ramadan offers a meaningful moment to express gratitude and reaffirm our commitment to service, integrity and collaboration,” said Ms. Abdallah.

Minister Nadir Abdullatif Al‑Wardy commended the initiative, noting that strong collaboration between the public and private sectors plays an important role in supporting Zanzibar’s economic development.

Ramadan reminds us of the values of unity, generosity and shared responsibility. Platforms like this Iftar strengthen relationships between institutions, businesses and communities. We appreciate partners such as Puma Energy who continue to contribute to Zanzibar’s development by supporting key sectors including energy and aviation infrastructure,” he said.

AKIBA COMMERCIAL BANK ENGAGES WOMEN ENTREPRENEURS AHEAD OF INTERNATIONAL WOMEN’S DAY

Akiba Commercial Bank’s Chief Commercial Officer, Wezi Mwazani speaks during the engagement.

In celebration of International Women’s Day, Akiba Commercial Bank Plc hosted a special engagement event in Dar es Salaam on 6 March 2026, bringing together female entrepreneurs served by the bank from various branches across the city.

The event formed part of the bank’s Lady Entrepreneur Campaign, an initiative aimed at strengthening relationships with women customers while promoting financial empowerment and business growth.

Supporting Women in Business

Speaking during the engagement, the Bank’s Chief Commercial Officer, Wezi Mwazani, highlighted the important role women play in economic development and community transformation.

She emphasized that women entrepreneurs remain a key focus for the bank as it continues to expand financial inclusion and support the growth of small and medium-sized enterprises (SMEs).

Mwazani noted that the bank is committed to providing tailored financial solutions designed to meet the needs of women at different stages of their entrepreneurial journey.

Women entrepreneurs continue to demonstrate resilience and innovation in business. At Akiba Commercial Bank, we are committed to supporting women with financial solutions, knowledge, and opportunities that help them grow their businesses and improve their livelihoods,” she said.

Entrepreneurs Share Their Experiences

During the engagement, customers expressed appreciation for the support extended by the bank through its financial services and advisory initiatives.

Participants noted that access to banking services and financing has enabled them to:

  • Strengthen and expand their businesses
  • Increase household income
  • Improve their standards of living

Some entrepreneurs also highlighted that the support received has helped them contribute more actively to community development and job creation, demonstrating the wider impact of empowering women in business.

KCB BANK TANZANIA PARTICIPATES IN EAC HEADS OF STATE SUMMIT IN ARUSHA

Arusha, Tanzania – 7 March 2026: KCB Bank Tanzania, led by its Managing Director, Cosmas Kimario (first right), participated in the East African Community (EAC) Heads of State Summit held in Arusha on 7 March 2026.

The bank’s participation underscored its commitment to supporting regional economic integration and advancing financial solutions that facilitate trade and investment across the East African region.

During the summit, discussions focused on key areas including the development of digital financial services, the expansion of regional capital markets, and initiatives aimed at strengthening cross-border trade among EAC member states.

A major highlight of the event was the launch of the EAC Customs Bond, a strategic initiative designed to streamline customs procedures and simplify business operations for traders operating within the East African Community.

The introduction of the regional customs bond is expected to enhance efficiency in cross-border trade by reducing administrative barriers and supporting smoother movement of goods across member countries.

By taking part in such high-level engagements, KCB Bank Tanzania continues to demonstrate its role as a key financial partner in driving regional trade, innovation in digital finance, and the growth of integrated capital markets within the East African Community.

ABSA BANK RECOGNISED WITH RISING WOMEN AWARD FOR ADVANCING WOMEN EMPOWERMENT

Absa Bank Tanzania Managing Director, Mr. Obedi Laiser (sixth from left), poses with the Rising Women Award shortly after receiving it from the Minister of State, President’s Office – Planning and Investment, Prof. Kitila Mkumbo (fifth from left), in Dar es Salaam over the weekend. The bank was recognised for its unwavering commitment to empowering women, advancing financial inclusion, and creating meaningful opportunities for women’s representation in leadership positions.

Minister of State, President’s Office – Planning and Investment, Prof. Kitila Mkumbo, presents the Rising Women Award to Absa Bank Tanzania Managing Director, Mr. Obedi Laiser (second from right), in Dar es Salaam.

Dar es Salaam, Tanzania, 8 March 2026 – Absa Bank Tanzania has been recognised with the Rising Women Award in acknowledgment of its strong commitment to empowering women, promoting financial inclusion, and advancing women’s representation in leadership.

The recognition was presented by Kitila Mkumbo, Minister of State in the President’s Office responsible for Planning and Investment, during a brief ceremony held in Dar es Salaam over the weekend.

Receiving the award on behalf of the bank, Obedi Laiser, Managing Director of Absa Bank Tanzania, said the recognition reflects the institution’s continued efforts to support women’s economic empowerment and create inclusive opportunities within the financial sector.

Absa Bank Tanzania has in recent years strengthened initiatives aimed at supporting women entrepreneurs, expanding access to financial services, and increasing women’s participation in leadership roles within the organisation.

During the ceremony, Prof. Mkumbo presented the Rising Women Award to Laiser, commending the bank for its role in championing gender inclusion and supporting initiatives that empower women economically and socially.

In a related moment during the event, Abigail Lukuvi, Citizenship and Events Manager at Absa Bank Tanzania, received a token of appreciation in recognition of the bank’s contribution to the Rising Women Initiative.

Saturday, 7 March 2026

MASTERCARD YAITAMBUA EXIM BANK KWA TUZO MBILI ZA ELITE BANKING NA MATUMIZI YA KADI 2025

Afisa Mkuu wa Fedha wa Benki ya Exim Tanzania, Bw. Shani Kinswaga, akipokea moja ya tuzo mbili kutoka kwa Makamu wa Rais Mwandamizi – Meneja wa Nchi, Afrika Mashariki na Visiwa vya Bahari ya Hindi wa Mastercard, Shehryar Ali (wa pili kushoto), wakati wa ziara ya Mastercard katika ofisi za benki hiyo jijini Dar es Salaam. Tukio hilo lilishuhudiwa na Makamu wa Rais na Meneja wa Akaunti wa Mastercard, Elsie Kaguru (kushoto); Mkuu wa Kitengo cha Wateja Binafsi na wa Kati wa Benki ya Exim Tanzania, Andrew Lyimo (wa pili kulia); pamoja na Mkuu wa Uendeshaji na Utoaji wa Huduma wa Benki ya Exim, Tumaini Mwakafwaga (kulia).

Dar es Salaam, Tanzania – Kampuni ya kimataifa ya teknolojia ya malipo, Mastercard, imefanya ziara maalum katika makao makuu ya Exim Bank Tanzania jijini Dar es Salaam, kuimarisha zaidi ushirikiano wa kimkakati kati ya taasisi hizo mbili pamoja na kukabidhi tuzo mbili muhimu kufuatia mafanikio ya benki hiyo kwa mwaka 2025.

Katika ziara hiyo, Exim Bank Tanzania ilitunukiwa tuzo ya “Best Elite Banking Proposition – 2025” pamoja na “Highest Spend Per Card in Tanzania – 2025”, tuzo zinazoonesha mafanikio yake katika kubuni na kuendesha huduma za kibenki za hadhi ya juu pamoja na kuongoza kwa matumizi ya kadi nchini.

Mafanikio ya Elite Banking

Tuzo hizi zinatokana na mafanikio yaliyopatikana kufuatia uzinduzi wa huduma ya Elite Banking mnamo Julai 2025, huduma iliyobuniwa mahsusi kuwahudumia wateja wa hadhi ya juu (High-Net-Worth Individuals). Huduma hii inalenga kutoa suluhisho za kifedha zinazolingana na mahitaji na mtindo wa maisha wa wateja hao.

Kupitia huduma hiyo, wateja hupatiwa Meneja Mahusiano binafsi (Relationship Manager) anayewasaidia kupata suluhisho za uwekezaji na mikopo ya mtu binafsi. Vilevile, wateja hufaidika na manufaa ya kimataifa ikiwemo upatikanaji wa airport lounges kupitia huduma ya Mastercard DragonPass.

Kuimarika kwa Matumizi ya Kadi

Kwa upande mwingine, tuzo ya “Highest Spend Per Card in Tanzania – 2025” inaonesha mafanikio ya benki katika kuhamasisha matumizi ya kadi kwa wateja wake. Mafanikio hayo yamechangiwa na kampeni mbalimbali za kimkakati, ikiwemo UEFA Priceless Campaign, ambayo ilihamasisha matumizi ya kadi katika malipo huku ikitoa fursa za kipekee kwa washindi kufurahia ofa za kimataifa.

Akizungumza wakati wa hafla ya kukabidhi tuzo hizo, Mkuu wa Kitengo cha Wateja Binafsi wa Exim Bank Tanzania, Andrew Lyimo, alisema tuzo hizo ni uthibitisho wa mkakati wa benki hiyo wa kuinua viwango vya huduma za kibenki za hadhi ya juu nchini.

Tuzo hizi kutoka Mastercard ni uthibitisho wa mkakati wetu wa kubadilisha na kuinua viwango vya huduma za kibenki za hadhi ya juu nchini Tanzania. Uzinduzi wa Elite Banking mwaka 2025 ulikuwa hatua muhimu katika safari yetu ya kuwahudumia wateja wetu kwa ubora wa hali ya juu, kwa kuunganisha suluhisho bora za kifedha na ofa za kipekee kulingana na mfumo wa maisha ya wateja wetu. Mafanikio haya yanatokana na imani ya wateja wetu pamoja na uwekezaji wetu endelevu katika ubunifu na teknolojia.”

WAZIRI WA FEDHA BALOZI KHAMIS MUSSA OMAR AONGOZA WATEJA WA NBC KATIKA FUTARI MAALUM

Waziri wa Fedha, Balozi Khamis Mussa Omar (katikati) akipokea zawadi maalum kutoka kwa Mwenyekiti wa Bodi ya Wakurugenzi wa NBC, Dk. Elirehema Doriye (kushoto), wakati wa hafla ya futari iliyoandaliwa na benki hiyo kwa ajili ya wateja wake jijini Dar es Salaam. Anayeshuhudia ni Mkurugenzi Mtendaji wa NBC, Bw. Theobald Sabi (kulia).
Waziri wa Fedha, Balozi Khamis Mussa Omar (mbele) akiwaongoza wageni waalikwa kupata futari wakati wa hafla ya futari iliyoandaliwa na Benki ya NBC kwa ajili ya wateja wake jijini Dar es Salaam.

Azikumbusha Taasisi za Fedha Kusaidia Kutimiza Dira ya Taifa 2050

Dar es Salaam, Machi 6, 2026 — Waziri wa Fedha, Balozi Khamis Mussa Omar, aliwaongoza baadhi ya Waislamu jijini Dar es Salaam kushiriki hafla ya futari iliyoandaliwa na Benki ya Taifa ya Biashara (NBC) kwa ajili ya wateja na wadau mbalimbali wa benki hiyo.

Hafla hiyo iliyofanyika katika Hoteli ya Johari Rotana, Dar es Salaam, ililenga kuimarisha mahusiano kati ya benki hiyo na wadau wake, huku ikitumika pia kama jukwaa la kukumbushana wajibu wa taasisi za fedha katika kuchangia maendeleo ya taifa.

Katika hotuba yake, Waziri Omar alizikumbusha taasisi za fedha nchini umuhimu wa kuchangia utekelezaji wa Dira ya Taifa ya Maendeleo ya mwaka 2050, inayolenga kujenga Tanzania yenye uchumi wa kisasa unaochochewa na uwekezaji, viwanda, biashara pamoja na ubunifu wa kidijitali.

Hafla hiyo ilihudhuriwa na viongozi mbalimbali wa serikali, viongozi wa dini pamoja na wateja na wadau wa benki hiyo. Uongozi wa NBC uliwakilishwa na Mwenyekiti wa Bodi ya Wakurugenzi, Dk. Elirehema Doriye, pamoja na Mkurugenzi Mtendaji wa benki hiyo, Bw. Theobald Sabi, na maofisa wengine waandamizi.

Taasisi za Fedha Zasisitizwa Kujenga Uaminifu

Akizungumza katika hafla hiyo, Waziri Omar aliishukuru na kuipongeza NBC kwa kuandaa tukio hilo la kiimani, akisisitiza kuwa uthabiti wa sekta ya fedha ni nguzo muhimu katika kukuza uchumi wa taifa.

Alieleza kuwa ili kufanikisha hilo, ni muhimu taasisi za fedha kuendelea kujenga uaminifu mkubwa kwa wateja wao.

Hii ndiyo sababu tunazithamini sana taasisi za fedha zinazojenga ukaribu zaidi na wateja pamoja na wadau wake muhimu. Tunaamini kwamba uaminifu ndio msingi wa mzunguko wa fedha katika uchumi, kama ilivyo kaulimbiu yenu ya ‘Daima Karibu Nawe’. Nawapongeza sana NBC kwa kuendeleza utamaduni huu,” alisema.

Aidha, alibainisha kuwa Serikali imeweka msisitizo mkubwa katika kujenga uchumi jumuishi, shindani na unaotegemea uzalishaji wa ndani, hivyo sekta ya fedha ina nafasi kubwa katika kufanikisha azma hiyo.

Ili kufikia malengo ya Dira ya Taifa ya Maendeleo ya mwaka 2050, sekta ya fedha hasa benki zina jukumu la msingi — si tu kutoa huduma za kifedha bali pia kuwa wawezeshaji wa mageuzi makubwa ya kiuchumi,” alisisitiza.

SERENGETI BREWERIES STRENGTHENS PARTNERSHIP WITH GOVERNMENT TO BOOST AGRICULTURAL DEVELOPMENT

Dar es Salaam, Tanzania – March 6, 2026 — Serengeti Breweries Limited (SBL) has held a strategic meeting with the Minister for Agriculture, Daniel Chongolo, aimed at strengthening public-private collaboration to support Tanzania’s agricultural development, empower farmers, and expand local value chains.

The SBL delegation was led by Board Chairman, Paul Makanza and Managing Director, Obinna Anyalebechi.

During the engagement, the company congratulated the minister on his recent appointment and reaffirmed its long-term commitment to supporting the government’s agricultural transformation and industrialisation agenda through sustained private sector investment.

Strengthening Local Agricultural Supply Chains

SBL highlighted its growing investment in local agriculture and its efforts to strengthen domestic supply chains.

In 2024, the company sourced approximately 20,000 tonnes of grains locally, representing 80% of its annual raw material requirements. This approach reduces reliance on imports while creating stable market opportunities for Tanzanian farmers.

By integrating locally grown barley, maize, and sorghum into its brewing operations, SBL is strengthening the link between agriculture and manufacturing while contributing to Tanzania’s broader industrialisation goals.

On average, the company contributes over TZS 15 billion annually to farmers within its agricultural supply chain.

Empowering Farmers Through “Shamba ni Mali”

SBL also showcased its flagship agricultural empowerment programme, “Shamba ni Mali,” launched in 2025 to improve farmer productivity and promote sustainable sourcing.

Through the programme, the company collaborates with more than 600 farmers cultivating barley, maize, and sorghum. Participants receive:

  • Agronomic training
  • Access to improved inputs
  • Support for regenerative agriculture practices

These initiatives help improve soil health, increase yields, and promote climate-smart farming.

KCB BANK TANZANIA YAANDAA HAFLA YA IFTAR ZANZIBAR KUIMARISHA USHIRIKIANO NA JAMII

Waziri wa Fedha na Mipango wa Serikali ya Mapinduzi ya Zanzibar, Mhe. Dkt. Juma Malik Akil (kulia), akishiriki katika Iftar iliyoandaliwa na KCB Bank katika Hoteli ya Golden Tulip, Zanzibar, yenye lengo la kuimarisha mshikamano na wateja wake pamoja na wadau wa maendeleo katika mwezi mtukufu wa Ramadhani. Kushoto ni Sheikh Khamis Mataka, Mwenyekiti wa Bodi ya Ushauri ya Shariah KCB SAHL.

Zanzibar – Machi 5, 2026: KCB Bank Tanzania imeandaa hafla maalumu ya Iftar katika hoteli ya Golden Tulip, Zanzibar, yenye lengo la kuimarisha mshikamano na wateja pamoja na wadau wa maendeleo katika msimu huu mtukufu wa Ramadhani.

Hafla hiyo ilihudhuriwa na Mgeni Rasmi, Mhe. Dkt. Juma Malik Akil, Waziri wa Fedha na Mipango wa Serikali ya Mapinduzi ya Zanzibar.

Akizungumza kwenye hafla hiyo, Sheikh Khamis Mataka, Mwenyekiti wa Bodi ya Shariah ya KCB Bank Tanzania, alisisitiza umuhimu wa kufanya biashara kwa uadilifu, uwazi, na misingi ya kumcha Mungu—nguzo kuu ya huduma za Sahl Banking.

Mataka alifafanua huduma mbalimbali zinazotolewa na Sahl Banking, ikiwa ni pamoja na:

  • Murabaha – ufadhili wa faida badala ya riba
  • Qard Hasan – mikopo ya muda mfupi isiyo na riba
  • Akaunti maalum za Hijja na akiba

Aidha, alibainisha juhudi za benki katika uwezeshaji wa vijana kupitia programu ya 2Jiajiri, inayowapa mafunzo ya ujasiriamali na ujuzi wa kiuchumi, pamoja na msaada kwa nyumba za watoto yatima visiwani Zanzibar.

ICEA LION YAZINDUA KAMPENI YA “SIMBA WA BIMA” KUIMARISHA ULINZI WA MAISHA YA WATANZANIA

Mkurugenzi wa Utekelezaji na Huduma za Uthaminishaji wa Tanzania Insurance Regulatory Authority (TIRA), Alex Rocky (mwenye skafu), aliyemwakilisha Kamishna wa TIRA, Dr. Baghayo Saqware, akipokea zawadi kutoka kwa Mwenyekiti wa Bodi ya ICEA Lion Group, James Ndegwa (kushoto), wakati wa uzinduzi wa kampeni ya Simba Wa Bima inayolenga kuhamasisha Watanzania kutambua umuhimu wa bima katika kulinda familia, kupanga maisha ya kustaafu na kukuza biashara. Kulia ni Afisa Mtendaji Mkuu wa ICEA Lion, Jared Awando.

Dar es Salaam, Tanzania | Jumatatu, 2 Machi 2026

Kampuni ya bima ya ICEA LION imezindua rasmi kampeni mpya iitwayo “Simba Wa Bima”, hatua inayolenga kuimarisha uelewa wa umuhimu wa bima na kuiweka kampuni hiyo kama mshirika wa kuaminika kwa Watanzania katika kila hatua ya maisha.

Uzinduzi huo ulifanyika jioni ya Jumatatu, tarehe 2 Machi 2026 katika ukumbi wa Marquee wa Serena Hotel, ukihudhuriwa na wadau mbalimbali wa sekta ya bima, viongozi wa serikali, washirika wa biashara pamoja na wawakilishi wa vyombo vya habari.

Mgeni rasmi katika tukio hilo alikuwa Dr. Baghayo Saqware, Kamishna wa Tanzania Insurance Regulatory Authority (TIRA), ambaye alisisitiza umuhimu wa ubunifu kama huu katika kuimarisha ukuaji wa sekta ya bima na kuongeza uelewa wa wananchi kuhusu huduma za bima nchini.

Kampeni Inayoangazia Safari ya Maisha

Kampeni ya Simba Wa Bima inalenga kuwakumbusha Watanzania kwamba bima ni nguzo muhimu katika kupanga na kulinda maisha yao. Kuanzia hatua za awali kama elimu na ajira, hadi kuanzisha familia, kukuza biashara na kupanga maisha ya kustaafu, kampeni hiyo inalenga kuonyesha jinsi bima inavyoweza kusaidia watu kusonga mbele kwa ujasiri.

Akizungumzia uzinduzi huo, Afisa Mtendaji Mkuu wa ICEA LION, Jared Awando, alisema kampeni hiyo inaakisi uelewa wa kina wa changamoto na fursa zinazotokea katika hatua mbalimbali za maisha.

Maisha yana hatua mbalimbali. Kuanzia elimu na kazi, hadi kuanzisha familia, biashara, na hatimaye kustaafu – kila hatua inakuja na fursa pamoja na majukumu yake,” alisema Awando.
Wakati watu wanapanga maisha yao, bima huwapa ujasiri wa kusonga mbele kwa amani. Kupitia Simba Wa Bima, tunathibitisha nafasi yetu kama mshirika anayesimama na Watanzania katika kila hatua ya safari ya maisha.”

NMB NA PPRA WAZINDUA HUDUMA YA KIDIJITALI YA UTHIBITISHAJI WA BANK GUARANTEE KUBORESHA UNUNUZI WA UMMA

Dar es Salaam, Machi 5, 2026 – NMB Bank Plc kwa kushirikiana na Public Procurement Regulatory Authority (PPRA) wamezindua huduma mpya ya Digital Bank Guarantee Confirmation, hatua muhimu inayolenga kuboresha na kuharakisha michakato ya ununuzi wa umma nchini kwa kutumia teknolojia ya kidijitali.

Huduma hiyo inaunganisha mifumo ya benki ya NMB na mfumo wa serikali wa ununuzi wa kielektroniki, NeST System, na hivyo kuwezesha uthibitishaji wa papo hapo wa dhamana za benki zinazotumika katika zabuni za serikali.

Uzinduzi huo ulifanyika katika Makao Makuu ya NMB jijini Dar es Salaam, ukihudhuriwa na viongozi kutoka serikalini na sekta binafsi, wataalamu wa ununuzi, wateja pamoja na wawakilishi wa vyombo vya habari.

Kuimarisha Mageuzi ya Kidijitali katika Ununuzi wa Umma

Akizungumza katika uzinduzi huo, Afisa Mtendaji Mkuu wa NMB, Ruth Zaipuna, alisema huduma hiyo mpya inaonyesha dhamira ya benki hiyo kuendelea kutumia teknolojia na ushirikiano wa kimkakati kubuni masuluhisho ya kifedha yanayoongeza ufanisi na uwazi katika sekta mbalimbali za uchumi.

Alieleza kuwa huduma hiyo ya kidijitali itarahisisha mchakato wa kuwasilisha na kuthibitisha dhamana za benki zinazohitajika katika zabuni za ununuzi wa umma.

Kwa muda mrefu, uthibitishaji wa dhamana za benki ulitegemea zaidi nyaraka za karatasi, hali iliyosababisha ucheleweshaji wa michakato, mzigo wa kiutawala pamoja na hatari ya upotevu au kughushi nyaraka.

Kwa uzinduzi wa huduma ya Digital Bank Guarantee Confirmation, michakato ambayo hapo awali ilichukua siku kadhaa sasa inaweza kukamilika kwa muda mfupi sana,” alisema Zaipuna.

Kupitia mfumo huu uliounganishwa, NMB itaweza kuhakiki dhamana za benki pamoja na akaunti za wazabuni papo hapo kupitia mfumo wa NeST.

Kusaidia Biashara Kushiriki Zabuni za Serikali

Ununuzi wa umma ni nguzo muhimu ya shughuli za kiuchumi nchini Tanzania. Kila siku, makampuni makubwa, biashara ndogo na za kati (SMEs), wakandarasi, wasambazaji na watoa huduma hushiriki katika zabuni za serikali zinazohitaji kasi, uwazi na uzingatiaji wa kanuni.

Kupitia huduma hii mpya, wazabuni wanaweza kuwasilisha na kuthibitisha aina mbalimbali za dhamana za benki moja kwa moja kupitia mfumo wa NeST, zikiwemo:

  • Bid Bond (Dhamana ya Zabuni)
  • Advance Payment Guarantee (Dhamana ya Malipo ya Awali)
  • Performance Guarantee (Dhamana ya Utekelezaji wa Mkataba)

Kwa mujibu wa NMB, huduma hii inaleta manufaa kadhaa kwa biashara zinazoshiriki zabuni za serikali, ikiwemo:

  • Kushiriki zabuni kwa haraka zaidi
  • Uthibitishaji wa papo hapo wa dhamana za benki
  • Kupungua kwa mzigo wa kiutawala na ufuatiliaji
  • Kuongezeka kwa uwazi na uwajibikaji
  • Kuimarika kwa imani katika michakato ya zabuni

NMB AND PPRA LAUNCH DIGITAL BANK GUARANTEE SERVICE TO TRANSFORM PUBLIC PROCUREMENT

Dar es Salaam, March 5, 2026 – NMB Bank Plc has partnered with the Public Procurement Regulatory Authority (PPRA) to launch a Digital Bank Guarantee Confirmation service, a major step aimed at modernising Tanzania’s public procurement processes through technology.

The new service integrates NMB’s banking systems with the government’s electronic procurement platform, NeST System, allowing instant verification of bank guarantees used in government tenders.

The initiative was officially launched at the NMB Head Office in Dar es Salaam, bringing together leaders from the public and private sectors, procurement professionals, customers, and members of the media.

Advancing Digital Transformation in Public Procurement

Speaking during the launch, Ruth Zaipuna, Chief Executive Officer of NMB Bank, said the new solution reflects the bank’s commitment to using technology and strategic partnerships to deliver innovative financial services that improve efficiency and transparency across key sectors of the economy.

She explained that the digital service will simplify the process of submitting and verifying bank guarantees required in public procurement.

Traditionally, the verification of bank guarantees relied heavily on paper-based processes that often resulted in delays, administrative burdens, and risks such as document loss or fraud.

“With the launch of the Digital Bank Guarantee Confirmation service, processes that previously took several days can now be completed almost instantly,” said Zaipuna.

Through the integrated system, NMB will verify both the bank guarantee and the bidder’s account in real time and provide immediate confirmation through the NeST platform.

Supporting Businesses Participating in Government Tenders

Public procurement plays a crucial role in Tanzania’s economic activity. Every day, large corporations, small and medium-sized enterprises (SMEs), contractors, suppliers, and service providers compete for government tenders that require speed, transparency, and strict compliance with procurement regulations.

The new digital solution allows bidders to submit and verify several types of guarantees directly through the NeST system, including:

  • Bid Bonds
  • Advance Payment Guarantees
  • Performance Guarantees

According to NMB, the service offers several key benefits to businesses participating in public tenders:

  • Faster participation in procurement processes
  • Instant verification of bank guarantees
  • Reduced administrative workload and follow-up requirements
  • Improved transparency and accountability
  • Greater confidence when competing for public contracts

Friday, 6 March 2026

SIKA TANZANIA MARKS 10 YEARS WITH NEW MWANZA PLANT AND DAR ES SALAAM EXPANSION

Dar es Salaam, Tanzania – March 5, 2026 – Global specialty chemicals company Sika has announced a major expansion of its operations in Tanzania, marking a significant milestone as the company celebrates 10 years of presence in the country.

The expansion includes the upgrade of its existing manufacturing facility in Dar es Salaam and the launch of a new state-of-the-art plant in Mwanza, a move expected to strengthen local production, create jobs, and support sustainable growth in Tanzania’s rapidly expanding construction sector.

Expanding Local Manufacturing Capacity

The upgraded Dar es Salaam facility will significantly enhance production capacity and operational efficiency, reinforcing Sika’s commitment to supplying high-quality construction solutions manufactured locally.

Meanwhile, the new Mwanza plant has been strategically positioned to serve Tanzania’s Lake Zone and Western corridor, improving product availability and distribution efficiency across regions such as Kagera RegionShinyanga Region, and surrounding areas.

According to Dennis Ott, General Manager of Sika Tanzania, the investment reflects the company’s long-term confidence in Tanzania’s economic growth.

Our investment in expanding our Dar es Salaam operations and establishing a new plant in Mwanza reflects our long-term commitment to Tanzania’s industrial growth and economic development,” he said.
By strengthening our local manufacturing presence, we are closer to our customers, creating jobs, and ensuring that world-class solutions are produced in Tanzania for Tanzania.”

Supporting Infrastructure and Construction Growth

The expansion is expected to boost local production, reduce reliance on imports, and generate new employment opportunities, particularly in technical and manufacturing roles.

The Mwanza facility will also enhance supply efficiency not only for the Lake Zone, but potentially for the broader East African construction market, helping to support infrastructure and commercial development projects with locally manufactured materials.

A Decade of Impact in Tanzania

Over the past ten years, Sika Tanzania has played an important role in supporting the country’s construction and industrial sectors. The company provides advanced technologies used in bonding, sealing, waterproofing, concrete strengthening, and infrastructure protection.

Through initiatives such as Sika Academy, the company has also invested in skills development, training and certifying hundreds of local contractors and applicators.

Key Achievements So Far

  • More than 5,000 fundis trained through Sika Academy.
  • Materials supplied to over 100 major infrastructure and commercial projects nationwide, including the Julius Nyerere Hydropower Project, Standard Gauge Railway, and Kijazi Interchange.
  • 80% reduction in reliance on imported products due to increased local manufacturing.

Aligning with Tanzania’s Industrial and Green Growth Agenda

As Tanzania continues to pursue industrialization and green economy goals, investments in local manufacturing and climate-smart construction technologies are becoming increasingly important.