NMB COMMITS TZS 224 BILLION TO GEITA GOLD MINE, ADVANCING AGENDA 2030 AND TANZANIA DEVELOPMENT VISION 2050

NMB Managing Director & Chief Executive Officer, Ruth Zaipuna.

DAR ES SALAAM, Tanzania; July 21, 2026 – NMB Bank Plc has taken another significant step in implementing its ambitious Medium-Term Strategic Plan 2026–2030 (Agenda 2030) by committing approximately USD 100 million (TZS 224 billion) to a landmark USD 500 million syndicated financing facility arranged by Nedbank Corporate and Investment Banking for AngloGold Ashanti's Geita Gold Mine.

The commitment positions NMB as the largest Tanzanian bank participating in the transaction, underscoring the bank's growing financial strength and its ability to mobilise substantial domestic capital for investments that drive Tanzania's long-term economic transformation.

The financing marks another milestone in NMB's journey to become a leading catalyst for national development, while strengthening its position as one of the country's foremost financiers of strategic productive sectors.

Supporting Agenda 2030 and Vision 2050

Mining has been identified as one of the priority sectors under NMB's Agenda 2030, reflecting the industry's critical contribution to economic growth, export earnings and industrial development.

By supporting one of Tanzania's largest and most productive gold mining operations, the bank is helping to strengthen foreign exchange earnings, create employment opportunities, expand local supplier participation and enhance the country's industrial competitiveness.

The investment also aligns closely with the aspirations of Tanzania Development Vision 2050, which seeks to accelerate private sector-led growth, industrialisation, export expansion and increased local participation in strategic industries.

Financing One of Africa's Leading Gold Producers

As one of Tanzania's flagship mining operations and among Africa's leading gold producers, Geita Gold Mine continues to play a vital role in the country's economy.

The syndicated financing facility will support AngloGold Ashanti's continued investment in the mine, helping sustain gold production, exports, local procurement, employment creation and long-term economic value for Tanzania.

NMB: Deploying Capital Where It Matters Most

Commenting on the landmark transaction, NMB Bank Plc Managing Director and Chief Executive Officer, Ruth Zaipuna, said the financing demonstrates the bank's commitment to directing capital into sectors capable of transforming Tanzania's economy.

"This transaction demonstrates NMB's ability to participate in sophisticated, large-scale financing alongside leading regional and international financial institutions while ensuring Tanzanian capital plays a meaningful role in financing nationally strategic investments. It is Agenda 2030 in action, deploying our balance sheet, expertise and partnerships to accelerate sustainable economic growth and long-term national prosperity."

ABSA BANK STRENGTHENS CORPORATE CLIENT PARTNERSHIPS THROUGH NETWORKING BREAKFAST

Absa Bank Tanzania Managing Director, Obedi Laiser (right), listens to the Chief Executive Officer of ASA Microfinance, Muhammed Shah Newaj, during a networking event hosted by the bank for its Corporate and Investment Banking (CIB) clients in Dar es Salaam as part of efforts to strengthen business relationships. Looking on (centre) is Absa Bank Tanzania Director of Global Markets, Irene Rwegalulira. The event also brought together clients and senior Corporate and Investment Banking executives from Absa Group, South Africa, who are in Tanzania on a working visit.

Absa Group Chief Executive Officer for Corporate and Investment Banking (CIB), Zaid Moola (second right), engages with Absa Bank Tanzania’s Corporate and Investment Banking (CIB) clients during a networking event held in Dar es Salaam. The event was organized by Absa Bank Tanzania as part of its ongoing commitment to strengthening relationships with its corporate clients.

DAR ES SALAAM; July 21, 2026 – Absa Bank Tanzania has reaffirmed its commitment to deepening relationships with its Corporate and Investment Banking (CIB) clients by hosting a networking breakfast that brought together business leaders, senior executives and key corporate partners for meaningful engagement and collaboration.

The breakfast meeting, held in Dar es Salaam, provided a valuable platform for open dialogue on business growth opportunities, emerging market trends and the evolving economic landscape shaping Tanzania's corporate sector. The event also reinforced Absa's client-centric approach, creating an opportunity for executives and customers to exchange ideas and explore strategies for sustainable business growth.

Absa Group Chief Executive Officer for Corporate and Investment Banking (CIB), Zaid Moola, delivers his remarks during the CIB customer networking event held in Dar es Salaam.

Addressing the gathering, Absa Bank Tanzania Managing Director, Obedi Laiser, highlighted the bank's comprehensive portfolio of financial solutions designed to support businesses across various sectors of the economy. He emphasized Absa's commitment to delivering tailored banking services that address the evolving needs of corporate clients while enabling them to seize new opportunities in an increasingly competitive market.

The event also introduced senior executives from Absa Group's Corporate and Investment Banking division, led by Chief Executive Officer, Zaid Moola, who interacted directly with clients during their working visit to Tanzania. The engagement provided corporate customers with an opportunity to connect with the Group's leadership team, discuss strategic priorities and gain insights into Absa's regional capabilities.

TANZANIA FINANCE MINISTER COMMENDS NMB BANK FOR DRIVING ECONOMIC GROWTH & FINANCIAL INCLUSION

Tanzania's Minister of Finance, Hon. Khamis Mussa Omar (MP), bids farewell to NMB Bank Managing Director and Chief Executive Officer, Ruth Zaipuna, after a meeting on enhancing collaboration, held at the Ministry of Finance's Sub-Office in Dar es Salaam.

Government Commends NMB's Role in Revenue Collection, Financial Inclusion and Digital Innovation

DAR ES SALAAM; July 20, 2026 – Tanzania's Minister of Finance, Hon. Khamis Mussa Omar (MP), has commended NMB Bank Plc for its significant contribution to the country's economic development through efficient government revenue collection and the provision of innovative financial services that continue to improve the lives of Tanzanians.

The Minister made the remarks during a meeting with an NMB delegation led by the bank's Managing Director and Chief Executive Officer, Ruth Zaipuna, at the Ministry of Finance's offices in Dar es Salaam.

Hon. Omar described NMB as one of the Government's most reliable strategic partners, noting that the bank has consistently delivered strong performance while supporting national development priorities.

"Overall, you have done an excellent job, including your dividend performance. We believe the Government will continue working closely with NMB in various areas, including tax collection and the provision of other financial services," said Hon. Omar.

 

He expressed confidence that the partnership between the Government and NMB will deliver even greater results in 2026, particularly in supporting economic growth, strengthening public financial management and expanding access to quality financial services.

A Trusted Partner in National Development

The Finance Minister further praised NMB for the successful implementation of its new five-year Strategic Plan, expressing optimism that the bank will continue expanding its footprint, introducing innovative products and reinforcing its position as one of Tanzania's leading financial institutions.

He noted that NMB's close collaboration with the Government creates additional opportunities to support public institutions and finance strategic development projects that contribute to the country's long-term economic transformation.

NMB Expands Digital Lending Services

Speaking during the meeting, NMB Bank CEO Ruth Zaipuna highlighted the bank's continued investment in digital financial solutions, announcing the launch of a new digital loan product that allows customers to borrow up to TZS 2 million without visiting a bank branch.

According to Zaipuna, the digital platform automatically assesses a customer's transaction history and determines loan eligibility electronically, making access to financing faster, simpler and more convenient.

PRESIDENT SAMIA TO LAUNCH $2.74 BILLION TABORA-KIGOMA SGR PROJECT, BOOSTING TRADE AND REGIONAL CONNECTIVITY

Modern Railway Set to Transform Western Tanzania into a Strategic Trade and Investment Hub

KIGOMA - 20 July 2026: President Samia Suluhu Hassan is today expected to launch one of Tanzania's most significant transport infrastructure projects by laying the foundation stone for the 506-kilometre Tabora-Kigoma Standard Gauge Railway (SGR), a project valued at US$2.74 billion (approximately TZS 7.12 trillion).

The milestone project is expected to usher in a new era of economic growth across western Tanzania by improving transport efficiency, lowering logistics costs, strengthening regional trade and attracting new investment opportunities.

The foundation stone ceremony forms part of President Samia's one-day working visit to Kigoma Region, where she will also inaugurate four new cargo vessels operating on Lake Tanganyika and inspect the renovated cargo terminal at Kigoma Port, reinforcing the government's commitment to developing an integrated transport network.

A Major Step in Tanzania's Infrastructure Transformation

Speaking to journalists ahead of the visit, Minister for Transport Prof. Makame Mbarawa said the electrified SGR line will significantly improve connectivity between Tanzania's western regions and the Indian Ocean coast.

According to the Minister, the railway will reduce transport costs, improve the competitiveness of businesses, facilitate faster movement of goods and passengers, and unlock new economic opportunities across the country.

The Tabora-Kigoma section represents Lot Six of Tanzania's expanding Standard Gauge Railway network and will connect Kigoma to major commercial centres including Tabora, Shinyanga, Mwanza, Dodoma, Morogoro and Dar es Salaam.

Strengthening Regional Trade

Beyond domestic connectivity, the railway is expected to strengthen Tanzania's position as a regional logistics hub.

Prof. Mbarawa noted that the line will eventually connect with the planned Uvinza-Musongati Railway, linking Tanzania with Burundi and enhancing trade across the Great Lakes Region.

The project will also strengthen railway connections with the Democratic Republic of the Congo (DRC) and, in the longer term, Zambia, further positioning the Port of Dar es Salaam as the preferred gateway for international trade through the Central Corridor.

iTRUST FINANCE BOND SETS NEW CORPORATE RECORD WITH 760.78% OVERSUBSCRIPTION

DAR ES SALAAM; July 9, 2026 – iTrust Finance Limited has made history in Tanzania's capital market after its inaugural corporate bond attracted subscriptions worth TZS 114.12 billion against a target of TZS 15 billion, achieving an impressive 760.78 per cent oversubscription—the highest ever recorded for a corporate bond issuance in the country.

The landmark achievement underscores growing investor confidence in Tanzania's corporate debt market as more companies turn to capital markets to secure long-term financing for business expansion and investment.

The record-breaking performance surpasses the previous corporate bond subscription record of 661.1 per cent, set by First Housing Finance Limited's Makazi Bond.

Strong Vote of Confidence

Speaking during the bond listing ceremony at the Dar es Salaam Stock Exchange (DSE) recently, the Capital Markets and Securities Authority (CMSA) Chief Executive Officer, Nicodemus Mkama, described the iTrust bond as a clear demonstration of how companies can effectively leverage capital markets to mobilise long-term financing.

He said the successful issuance supports the implementation of Tanzania's Development Vision 2050, which aims to strengthen the financial sector's role in mobilising capital for both public and private sector investments while accelerating economic growth.

Retail Investors Lead Participation

According to CMSA, retail investors accounted for 66.66 per cent of total subscriptions, while institutional investors contributed 33.34 per cent.

Domestic investors dominated the offer, representing 98.82 per cent of subscriptions, with foreign investors accounting for the remaining 1.18 per cent.

Since commencing operations in 2021 as Imaan Finance Limited, iTrust Finance has consistently utilised corporate bonds, Sukuk and collective investment schemes to finance its expansion.

The successful listing has increased the value of listed corporate bonds on the DSE by 5.46 per cent, rising to approximately TZS 2.20 trillion from TZS 2.09 trillion.

Digital Investment Channels Drive Success

iTrust Finance Chief Executive Officer Faiz Arab attributed the overwhelming response to investors' confidence in the company's business model and Tanzania's expanding capital market opportunities.

He noted that retail investors accounted for 67 per cent of total subscriptions, with digital investment platforms playing a significant role in broadening participation.

Approximately 58 per cent of applications, valued at around TZS 66 billion, were submitted digitally. The iTrust App alone processed subscriptions worth approximately TZS 54 billion, representing nearly 47 per cent of the total amount raised.

NMB, MANTRAC WAFUNGUA UFADHILI WA MITAMBO KWA WACHIMBAJI NA WAKANDARASI

Afisa Mkuu wa Wateja Binafsi na Biashara wa NMB, Filbert Mponzi (kushoto), na Mkurugenzi wa Biashara na Uendeshaji wa Mantrac Kanda ya Afrika Mashariki, Levite Dongmo, wakipeana mkono baada ya kubadilishana Hati ya Makubaliano ya Ushirikiano wa ufadhili wa mitambo, jijini Dar es Salaam.

Wachimbaji, Wakandarasi Kunufaika na Mpango Mpya wa Ufadhili wa Mitambo

DAR ES SALAAM – Benki ya NMB Plc na Mantrac Tanzania Limited zimeingia katika ushirikiano wa kimkakati utakaorahisisha upatikanaji wa mikopo ya kununua na kuhudumia mitambo kwa wachimbaji, wakandarasi na wafanyabiashara wanaofanya shughuli katika sekta za madini, ujenzi, miundombinu, nishati na viwanda.

Makubaliano hayo yanachanganya uwezo wa kifedha wa NMB, benki yenye mtandao wa zaidi ya matawi 250 nchini, na uzoefu wa Mantrac Tanzania katika usambazaji wa mitambo ya Caterpillar pamoja na huduma za matengenezo na msaada wa kiufundi, hatua inayotarajiwa kuongeza upatikanaji wa mitaji kwa miradi mikubwa ya maendeleo.

Hati ya Makubaliano ya Ushirikiano ilisainiwa jijini Dar es Salaam na Afisa Mkuu wa Wateja Binafsi na Biashara wa NMB, Filbert Mponzi, pamoja na Mkurugenzi wa Biashara na Uendeshaji wa Mantrac Kanda ya Afrika Mashariki, Levite Dongmo.

Ufadhili wa Mitambo kwa Masharti Rafiki

Kupitia mpango huo, wateja watakaokidhi vigezo vya mkopo wataweza kufadhili ununuzi wa mitambo kwa kuchangia asilimia 20 hadi 25 ya gharama za awali, huku NMB ikiandaa mifumo ya ufadhili na ratiba za marejesho kulingana na mtiririko wa fedha, aina ya biashara na mahitaji ya mradi husika.

Akizungumza wakati wa utiaji saini, Mponzi alisema gharama kubwa za ununuzi wa mitambo zimekuwa changamoto kwa wafanyabiashara wengi wenye miradi yenye tija, lakini wasiokuwa na mtaji wa kutosha.

"Tunapofadhili mitambo, hatufadhili mashine pekee. Tunawezesha ujenzi wa barabara, migodi, viwanda, ajira na uwezo wa Tanzania kujenga mustakabali wake wa kiuchumi," alisema.

MANTRAC, NMB BANK UNLOCK EQUIPMENT FINANCE FOR MINERS AND CONTRACTORS

NMB Chief of Retail Banking, Filbert Mponzi (left) and Mantrac Business Planning and Operations Director, East Africa Region, Levite Dongmo, sign an agreement to expand equipment financing for miners, contractors and businesses operating in Tanzania’s mining, construction and infrastructure sectors in Dar es Salaam.

DAR ES SALAAM – NMB Bank Plc and Mantrac Tanzania Limited have entered into a strategic partnership aimed at making it easier for miners, contractors and businesses in key productive sectors to acquire heavy machinery and equipment through tailored financing solutions.

The collaboration is expected to boost investment across Tanzania's mining, construction, infrastructure, energy and manufacturing industries by combining NMB's strong financing capabilities with Mantrac Tanzania's expertise in supplying and servicing Caterpillar equipment.

The Memorandum of Understanding (MoU) was signed in Dar es Salaam by NMB Chief of Retail Banking, Filbert Mponzi, and Mantrac Business Planning and Operations Director for the East Africa Region, Levite Dongmo.

Affordable Access to Heavy Equipment

Through the partnership, eligible customers will be able to finance the purchase of machinery with an initial contribution of only 20 to 25 percent, while NMB will tailor repayment schedules based on customers' cash flows, business cycles and project requirements, subject to the bank's credit approval processes.

The financing solution is designed to address one of the biggest challenges facing businesses in capital-intensive sectors—the high upfront cost of acquiring modern machinery.

Speaking during the signing ceremony, Mponzi said the initiative goes beyond financing equipment.

"When we finance machinery, we are not financing equipment alone. We are enabling roads, mines, industries, jobs and Tanzania's capacity to build its economic future," he said.

He noted that NMB currently disburses more than TZS 200 billion in loans every month to entrepreneurs and small and medium-sized enterprises (SMEs), adding that the partnership with Mantrac will further strengthen the bank's ability to support specialised financing needs within the mining and construction industries.

Comprehensive Financing and Technical Support

Under the agreement, NMB will be responsible for conducting credit assessments and structuring suitable financing packages, while Mantrac Tanzania will supply Caterpillar machinery, power generators and related equipment together with technical support, after-sales services and manufacturer-approved maintenance.

Equipment financed under the programme will also benefit from warranties ranging between 24 and 36 months, depending on the equipment type, project requirements and contractual arrangements.

KILOMBERO SUGAR BOOSTS COMMUNITY DEVELOPMENT THROUGH STRATEGIC INVESTMENT IN PUBLIC INFRASTRUCTURE

Morogoro, July 17, 2026 – Kilombero Sugar Company Limited, one of Tanzania's leading sugar producers, has reaffirmed its commitment to improving the lives of communities surrounding its operations by supporting three community-driven infrastructure projects in the Kilombero Valley.

The company's latest investment will accelerate the completion of the Nyamvisi Village Office, the Ruaha Village Dispensary Laboratory, and the Patients' Waiting Area at Kidodi Health Centre, reinforcing its long-standing commitment to sustainable community development.

To support the projects, Kilombero Sugar donated 300 bags of cement, 300 units of 12mm steel reinforcement bars, and 150 tree seedlings, combining investment in essential public infrastructure with environmental conservation initiatives.

Creating Shared Value Through Community Partnerships

The support forms part of Kilombero Sugar's Creating Shared Value (CSV) strategy, which recognizes that sustainable business success is closely linked to the well-being of the communities in which it operates.

Rather than initiating new projects, the company partners with local communities to help complete development initiatives that have already been identified and prioritized by residents. This collaborative approach promotes community ownership while ensuring investments address genuine local needs.

According to Victor Byemelwa, Communication and Stakeholder Relations Manager, the beneficiary selection process followed a comprehensive needs assessment that evaluated each project's impact on the community, the level of community ownership and readiness, and the availability of a clear implementation plan.

Investing in Long-Term Community Prosperity

Speaking during the handover ceremony, Kilombero Sugar Corporate Affairs Director, Derick Stanley, emphasized that the company remains committed to creating lasting value beyond its core business operations.

EUROMONEY YAITAJA NMB BENKI BORA ZAIDI TANZANIA KWA WAFANYABIASHARA WADOGO NA WA KATI

NMB Yang'ara London, Yatwaa Tuzo ya Benki Bora kwa SMEs za Tanzania

DAR ES SALAAM/LONDON: Benki ya NMB Plc imeendelea kuimarisha hadhi yake katika sekta ya fedha baada ya kutangazwa kuwa Benki Bora Zaidi Tanzania kwa Wafanyabiashara Wadogo na wa Kati (SMEs) katika Tuzo za Euromoney Awards for Excellence 2026.

Tuzo hiyo ya kimataifa ilitolewa katika hafla iliyofanyika Peninsula Hotel jijini London, Uingereza, ambapo ilipokelewa kwa niaba ya NMB na Mkuu wa Idara ya Biashara wa Benki ya NMB, Alex Mgeni.

NMB ilitambuliwa kwa mafanikio yake katika kuwawezesha wafanyabiashara wadogo na wa kati kupitia huduma za ufadhili wa biashara, malipo ya kidijitali, huduma za miamala ya kifedha pamoja na ushauri wa kibiashara unaosaidia kukuza na kuendeleza biashara nchini.

Akizungumzia ushindi huo, Mkurugenzi Mtendaji na Afisa Mtendaji Mkuu wa Benki ya NMB, Ruth Zaipuna, alisema tuzo hiyo ni heshima kubwa si kwa benki pekee bali pia kwa maelfu ya wafanyabiashara wanaoendelea kujenga biashara zao, kuzalisha ajira na kutoa mchango muhimu katika ukuaji wa uchumi wa Tanzania.

"Utambuzi huu ni ushahidi wa dhamira yetu ya kuwa mshirika wa kweli wa wafanyabiashara wadogo na wa kati. Mafanikio haya yanatokana na juhudi za wateja wetu pamoja na timu ya NMB inayojitolea kuwapa suluhisho bunifu zinazowasaidia kufanikisha malengo yao ya biashara," alisema Zaipuna.

SMEs Ni Nguzo ya Agenda 2030 ya NMB

NMB imeweka uwezeshaji wa wafanyabiashara wadogo na wa kati kuwa moja ya maeneo ya kimkakati katika Agenda 2030, mpango wake wa maendeleo unaotekelezwa kuanzia mwaka 2026 hadi 2030.

Mkakati huo unalenga kuongeza upatikanaji wa huduma za kifedha, kuimarisha ushindani wa sekta binafsi na kusaidia ukuaji wa biashara kupitia huduma za kisasa za benki. Aidha, unaendana na Dira ya Taifa ya Maendeleo 2050, inayosisitiza kujenga uchumi shindani unaoongozwa na sekta binafsi, kuongeza urasimishaji wa biashara na kuchochea maendeleo endelevu.

Kuendelea Kupanua Suluhisho za Biashara

Ikiwa na mtandao wa huduma unaofikia mikoa yote 31 ya Tanzania, Benki ya NMB imesisitiza kuwa itaendelea kuwekeza katika bidhaa na huduma zinazowalenga wafanyabiashara wadogo na wa kati.

YAS YAONESHA JINSI TEKNOLOJIA INAVYOBADILI HUDUMA ZA AFYA KATIKA MKUTANO WA 4 WA URITHI WA RAIS MKAPA

Dar es Salaam, 16 Julai 2026; Kampuni ya Yas Tanzania imesisitiza kuwa maendeleo ya kweli hayapimwi tu kwa kiwango cha miundombinu inayojengwa, bali pia kwa namna yanavyoboresha maisha ya wananchi kupitia matumizi ya teknolojia na ushirikiano wa kimkakati.

Kauli hiyo ilitolewa wakati wa Mkutano wa 4 wa Urithi wa Benjamin William Mkapa (4th Benjamin William Mkapa Legacy Summit), uliohitimisha kongamano la siku tatu lililofanyika chini ya kaulimbiu isemayo "From Legacy to Future: Excellence in Leadership, Health Systems, and Youth-led Human Capital for Africa."

Mkutano huo ulihudhuriwa na Makamu wa Rais wa Jamhuri ya Muungano wa Tanzania, Dkt. Emmanuel John Nchimbi, pamoja na Rais wa Zanzibar na Mwenyekiti wa Baraza la Mapinduzi, Dkt. Hussein Ali Mwinyi, sambamba na viongozi mbalimbali kutoka serikalini, sekta binafsi na washirika wa maendeleo.

TEKNOLOJIA NI NGUZO YA MAGEUZI KATIKA SEKTA YA AFYA

Akizungumza katika mkutano huo, Afisa Mkuu wa Fedha wa Yas Tanzania, Innocent Rwetabura, alisema urithi wa Hayati Rais Benjamin William Mkapa unaendelea kuishi kupitia uwekezaji katika taasisi imara, mifumo endelevu na maendeleo ya watu.

Alisema Tanzania inapotekeleza Dira ya Taifa ya Maendeleo 2050, teknolojia imepewa nafasi muhimu katika kuimarisha mifumo ya afya kupitia matumizi ya taarifa za afya, huduma za afya kidijitali na maamuzi yanayotegemea takwimu sahihi.

Kwa mujibu wa Rwetabura, kwa miaka mingi maboresho ya sekta ya afya yalilenga zaidi ujenzi wa miundombinu na taasisi za afya, lakini sasa teknolojia imekuwa nyenzo muhimu inayobadili namna huduma zinavyotolewa kwa wananchi.

MILU KIPIMO APPOINTED TO LEAD BOLT FOR BUSINESS AFRICA

Experienced Tanzanian Executive Takes on Pan-African Leadership Role to Accelerate Corporate Mobility Growth

DAR ES SALAAM, Tanzania, July 16, 2026 – Tanzanian business executive Milu Kipimo has been appointed Regional Manager for Africa at Bolt for Business, marking a significant milestone for both the company and Tanzania's growing representation in senior leadership roles within global technology firms.

Kipimo assumes the Pan-African leadership position after serving as Senior Country Manager, where he oversaw Bolt's operations across South Africa, Tanzania, Tunisia and Ghana. His appointment reflects Bolt's confidence in his leadership capabilities and proven track record of expanding the company's business mobility solutions across diverse African markets.

FROM TANZANIA TO PAN-AFRICAN LEADERSHIP

Kipimo's journey with Bolt began in early 2018, when he joined Bolt Rides as one of the company's earliest employees in Tanzania. Over the years, he has played a pivotal role in strengthening Bolt's footprint in the country while contributing to its regional expansion strategy.

In 2021, he spearheaded the launch of Bolt for Business in Tanzania, building the operation from the ground up. Under his leadership, the platform has grown to become Tanzania's leading corporate mobility solution, providing businesses with efficient, technology-driven transport services.

His success in establishing and scaling the business locally laid the foundation for his promotion to oversee Bolt for Business operations across the African continent.

DRIVING BUSINESS GROWTH ACROSS AFRICA

As Regional Manager for Africa, Kipimo will be responsible for driving business development across all African markets where Bolt operates. His role will also include expanding and strengthening local teams to ensure businesses receive flexible mobility solutions, exceptional customer experience and dedicated account management.

The appointment comes as Bolt continues to expand its corporate mobility services, offering businesses an efficient alternative to traditional business travel arrangements.

BOLT CONFIDENT IN KIPIMO'S LEADERSHIP

Commenting on the appointment, Juliano Fatio, Regional Director at Bolt Business, expressed confidence in Kipimo's ability to lead the company's next phase of growth across Africa.

"We are thrilled to have Milu lead Bolt for Business' operations across Africa. His extensive experience in South Africa, Tanzania, Tunisia and Ghana will support our journey as we scale across the continent and will bring a new perspective to our approach. The appointment underscores our commitment to this region as we look for even better ways to serve our business customers."

VODACOM SPONSORS CORPORATE MASTERS GOLF TOURNAMENT 2026 TO STRENGTHEN BUSINESS CONNECTIONS

Vodacom Tanzania PLC has reaffirmed its commitment to strengthening Tanzania's corporate ecosystem by sponsoring the Corporate Masters Golf Tournament 2026 for the third consecutive year. The tournament, organized in partnership with Oakwood Holdings Limited, is designed to foster stronger business relationships, encourage collaboration, and create meaningful networking opportunities for customers, partners, and stakeholders across the country.

The tournament, spearheaded by Vodacom Business, has evolved into one of Tanzania's leading corporate networking platforms, bringing together business leaders, entrepreneurs, industry professionals, and golf enthusiasts while reinforcing Vodacom's position as a trusted digital transformation partner for organizations operating in today's fast-changing business environment.

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CORPORATE GOLF MEETS BUSINESS NETWORKING

Scheduled for 1 August 2026 at the TPDF Lugalo Golf Club in Dar es Salaam, the one-day event will combine competitive golf with high-level business networking, creating an environment where executives and decision-makers can build relationships, exchange ideas, and explore new business opportunities.

The tournament reflects Vodacom Business' broader strategy of creating platforms that promote collaboration, innovation, knowledge sharing, and sustainable business growth across Tanzania.

Speaking during the official launch, Joseph Sayi, Head of Marketing and Enablement for Vodacom Business at Vodacom Tanzania PLC, said the sponsorship reflects the company's long-term commitment to supporting Tanzania's business community.

"At Vodacom, we believe sustainable business growth is built on strong and meaningful relationships. The Corporate Masters Golf Tournament is more than a sporting event; it is a platform that brings together decision-makers, innovators, and business leaders to connect, exchange ideas, and explore opportunities that contribute to Tanzania's digital transformation agenda. Through this initiative, we continue to empower businesses with reliable technology solutions while creating memorable experiences for our customers and stakeholders," Sayi said.

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SHOWCASING DIGITAL SOLUTIONS FOR BUSINESSES

Beyond the golf competition, Vodacom Business will use the tournament to showcase its comprehensive portfolio of enterprise technology solutions aimed at helping organizations improve operational efficiency and remain competitive in the digital economy.

Participants will have the opportunity to engage directly with Vodacom's leadership team and explore solutions including:

• Digital transformation services
• Enterprise connectivity solutions
• Cloud technologies
• Cybersecurity services
• Business technology solutions tailored to evolving corporate needs

VODACOM YAZINDUA MASHINDANO YA GOLF "CORPORATE MASTERS 2026" KUIMARISHA UHUSIANO WA KIBIASHARA TANZANIA

Mkuu wa Idara ya Masoko na Uwezeshaji wa Vodacom Tanzania Plc, Joseph Sayi (katikati) akizungumza wakati wa kutangaza udhamini wa Mashindano ya Golf ya Vodacom Corporate Masters 2026, yaliyoandaliwa kwa ushirikiano na Lugalo Golf Club kwa lengo la kuunganisha jumuiya ya wafanyabiashara nchini Tanzania, kuimarisha mahusiano ya kibiashara, kukuza ushirikiano na kuleta fursa zenye tija kwa wateja, washirika wa kibiashara na wadau muhimu nchini. Mashindano hayo yatakayofanyika tarehe 1 Agosti 2026 yanaendelea kuimarisha nafasi ya Vodacom kama mshirika wa kuaminika katika teknolojia na huduma za mawasiliano kwa taasisi na mashirika yanayoendelea kukua katika mazingira ya uchumi wa kidijitali. Uzinduzi huo umefanyika tarehe 16 Julai 2026 jijini Dar es Salaam na kushuhudiwa na Katibu wa Corporate Masters, Maryanne Mugo (kushoto) pamoja na Mwenyekiti wa Kamati ya Corporate Masters, Ken Mbaya (kulia).

DAR ES SALAAM, Tanzania – Julai 16, 2026 – Vodacom Tanzania PLC imezindua rasmi mashindano ya Vodacom Corporate Masters 2026, yatakayofanyika kwa ushirikiano na Oakwood Holdings Limited katika Lugalo Golf Club, ikiwa ni sehemu ya mkakati wake wa kuimarisha uhusiano wa kibiashara, kukuza ushirikiano na kuunda fursa mpya za biashara kwa wateja, washirika na wadau mbalimbali nchini.

Mashindano hayo, yanayoandaliwa kupitia kitengo cha Vodacom Business, yameendelea kuwa moja ya majukwaa muhimu yanayowaunganisha viongozi wa biashara, wakuu wa makampuni na wataalamu kutoka sekta mbalimbali, huku yakiiweka Vodacom katika nafasi ya mshirika wa kimkakati wa suluhisho za teknolojia na mawasiliano kwa taasisi na mashirika yanayoongoza safari ya mageuzi ya kidijitali nchini.

MASHINDANO KUANZA AGOSTI 1, 2026

Mashindano ya mwaka huu yanatarajiwa kuanza rasmi tarehe 1 Agosti 2026, yakileta pamoja viongozi wa makampuni, wafanyabiashara, wataalamu wa sekta mbalimbali, wapenzi wa mchezo wa gofu pamoja na wateja wa Vodacom katika mfululizo wa mashindano na shughuli za kujenga mitandao ya kibiashara zitakazofanyika Lugalo Golf Club.

Kupitia mpango huu, Vodacom Business inalenga kujenga mahusiano yenye thamani yanayovuka mipaka ya biashara za kawaida kwa kutoa jukwaa la ushirikiano, ubadilishanaji wa maarifa, ubunifu na maendeleo endelevu.

VODACOM: MAHUSIANO IMARA NDIO MSINGI WA UKUAJI WA BIASHARA

Akizungumza wakati wa uzinduzi huo, Mkuu wa Idara ya Masoko na Uwezeshaji wa Vodacom Tanzania PLC, Joseph Sayi, alisema udhamini wa mashindano hayo kwa mwaka wa tatu mfululizo unaonesha dhamira ya kampuni ya kuendelea kuimarisha uhusiano wake na jumuiya ya wafanyabiashara nchini.

"Vodacom tunaamini kuwa ukuaji endelevu wa biashara unajengwa kupitia mahusiano imara na yenye maana. Mashindano ya gofu ya Vodacom Corporate Masters 2026 ni zaidi ya mashindano ya michezo; ni jukwaa linalowakutanisha viongozi wa biashara, wabunifu na watoa maamuzi ili kujenga uhusiano, kubadilishana mawazo na kusaka fursa mpya zitakazochangia ajenda ya Tanzania ya mageuzi ya kidijitali. Kupitia mpango huu tunaendelea kuziwezesha biashara kwa kutoa suluhisho za teknolojia zenye uhakika huku tukiwapa wateja na wadau wetu uzoefu wa kipekee," alisema Sayi.

VODACOM BUSINESS KUONYESHA SULUHISHO ZA KIDIJITALI

Katika kipindi chote cha mashindano hayo, Vodacom Business itaonesha suluhisho zake bunifu zinazojumuisha huduma za mawasiliano, usalama wa kidijitali na teknolojia za biashara zinazosaidia taasisi kuongeza ufanisi wa shughuli zao, kuharakisha ukuaji wa biashara na kuendelea kuwa na ushindani katika uchumi unaozidi kutegemea teknolojia.

EQUITY EMPOWERS ZANZIBAR SEAWEED FARMERS AND FISHERS THROUGH BLUE ECONOMY & FINANCIAL LITERACY TRAINING

The NORAD-FINE Project aims to empower 200 entrepreneurs in Zanzibar's marine sector with financial skills and sustainable business practices.

ZANZIBAR, Tanzania – July 17, 2026 – Equity Bank Tanzania Limited has successfully concluded a two-day Blue Economy and Financial Literacy Training in Zanzibar, equipping 200 entrepreneurs, including seaweed farmers and fishers, with practical knowledge to strengthen their businesses, improve financial management, and promote sustainable marine-based livelihoods.

Held on 16–17 July 2026, the training forms part of the NORAD-FINE Project, a strategic partnership between the Equity Group Foundation and the Norwegian Agency for Development Cooperation (NORAD). The initiative seeks to expand access to financial services for Small and Medium Enterprises (SMEs) operating in the blue economy, marine waste management, renewable energy, and clean cooking sectors.

BUILDING STRONGER BLUE ECONOMY BUSINESSES

The training focused on empowering participants with the financial and technical skills needed to grow sustainable businesses while protecting Zanzibar's rich marine ecosystems.

Participants received practical guidance on:

• Financial management and business planning
• Budgeting and savings
• Responsible borrowing
• Modern seaweed farming techniques
• Climate-smart farming practices
• Reducing post-harvest losses
• Value addition through seaweed processing

The programme brought together government leaders, financial experts, marine conservation specialists, and development partners committed to strengthening Zanzibar's blue economy.

OFFICIAL OPENING

The event began with welcoming remarks from Ms. Hellen Dalali, Head of Sustainability at Equity Bank Tanzania, before being officially opened by Ms. Siti Abas Ali, Director of the Department of Community Development, Gender, and Children.

The gathering underscored the importance of collaboration between financial institutions, government, and development partners in creating sustainable economic opportunities for coastal communities.

FINANCIAL LITERACY FOR LONG-TERM SUCCESS

Leading the financial education sessions, Mr. Noel Chuwa, Senior Blue Economy Officer at Equity Bank Tanzania, delivered comprehensive training on financial education and business management.

Participants learned practical skills including:

• Preparing business budgets
• Managing cash flow
• Building savings
• Accessing financial services
• Responsible borrowing
• Strengthening business sustainability

DP WORLD YALETA MAPINDUZI MAKUBWA YA UTENDAJI KAZI NA UFANISI WA KIHISTORIA KATIKA BANDARI YA DAR ES SALAAM

Kupungua kwa zaidi ya asilimia 90 kwa muda wa upakuaji wa shehena kunadhihirisha mabadiliko ya kiutendaji yaliyofanyika ndani ya miaka miwili ya mageuzi ya uendeshaji

DAR ES SALAAM, TANZANIA – 7 July 2026: Bandari ya Dar es Salaam imeshuhudia mapinduzi makubwa kiutendaji baada ya kampuni ya DP World kuweka rekodi mpya ya kasi ya kuhudumia meli na kupunguza muda wa kushusha mizigo kwa zaidi ya asilimia 90. Mafanikio haya ni hatua kubwa katika mageuzi ya bandari hiyo tangu kampuni hiyo ianze uendeshaji wake rasmi mnamo Aprili 2024.

Chini ya mkataba wa uendeshaji wa miaka 30, kampuni ya DP World inaendelea kuwekeza katika ukarabati na upanuzi wa bandari hiyo ili kuunga mkono malengo ya muda mrefu ya nchi kiuchumi na kibiashara.

Kupitia uhamishaji wa mifumo ya kisasa ya uendeshaji wa meli za mizigo ya magari (RoRo) unaowezesha bandari kuhudumia meli kubwa na zenye mahitaji ya hali ya juu kwa usalama zaidi, huku ikipunguza gharama za mnyororo wa ugavi, huku ikiongeza ushindani wa kibiashara na kuchochea ukuaji wa uchumi.

Mageuzi haya yameleta mapinduzi makubwa kwa kupunguza muda wa kushusha mizigo ya aina hiyo kwa zaidi ya asilimia 90—kutoka zaidi ya saa 300 hadi chini ya saa 28. Hatua hii imeweka kiwango kipya kabisa cha ufanisi katika bandari hiyo.

Meli hiyo yenye urefu wa mita 240, ndiyo meli ndefu zaidi kuwahi kutia nanga katika Bandari ya Dar es Salaam, ikiwa na uwezo wa kubeba hadi magari 7,790. Ilitumia muda wa saa 27 tu kukamilisha zoezi la kushusha shehena ya magari 779, ambayo mengi yake yalikuwa ni magari makubwa na mitambo mizito.

Akizungumzia hatua hiyo, Ofisa Mtendaji Mkuu wa DP World nchini Tanzania, Martin Jacob, alisema: “Katika kipindi cha miaka miwili iliyopita, tumefanya mapinduzi makubwa katika mfumo wa usafirishaji wa shehena kupitia Bandari ya Dar es Salaam. Kasi kubwa ya kuhudumia meli, kuongezeka kwa uwezo wa bandari, na uwezo wa kupokea meli kubwa zaidi zenye mizigo mchanganyiko, kunazidi kuimarisha nafasi ya Tanzania kama lango kuu la biashara katika ukanda wa Afrika Mashariki, huku kukileta tija kwa wateja, wafanyabiashara na uchumi kwa ujumla.”

DP WORLD DRIVES RECORD EFFICIENCY AND VESSEL PERFORMANCE AT DAR ES SALAAM PORT

90%+ reduction in discharge time highlights two years of operational transformation

DAR ES SALAAM, TANZANIA – 8th July 2026: DP World Dar es Salaam has achieved record vessel performance and reduced cargo discharge times by more than 90% at the Port of Dar es Salaam, marking a major milestone in the terminal’s transformation since commencing operations in April 2024.

Operating under a 30-year concession, DP World continues to invest in modernising and expanding the port to support the country’s long-term trade ambitions. 

DP World has shifted the port to modern roll-on/roll-off (RoRo) operations, enabling it to handle larger, more complex vessels safely, while reducing supply chain costs and supporting trade competitiveness and economic growth.

This transformation has delivered a more than 90% reduction in discharge time for comparable cargo, from over 300 hours to under 28 hours, setting a new benchmark for efficiency at the port. 

In quarter one, the port achieved another operational milestone, with the arrival of M/V RAMHAN. At 240 metres length overall, it is the longest vessel ever to call at the Dar es Salaam port with capacity for up to 7,790 vehicles. The vessel discharged 779 car equivalent units (CEUs) of predominantly heavy-duty vehicles in just over 27 hours.

Mohammed Akoojee, DP World Africa CEO and MD, said, “Our continued investment in the Port of Dar es Salaam reflects DP World's long-term commitment to Africa's economic growth and integration into global trade networks. Through our partnership with the Tanzania Ports Authority, we are not only modernising critical infrastructure, but we are also enabling regional integration, reducing trade barriers, and creating sustainable economic opportunities.”

Martin Jacob, CEO, Tanzania, DP World, said: “Over the past two years, we have fundamentally improved how cargo moves through the Port of Dar es Salaam. Faster turnaround, higher capacity and the ability to handle larger, more complex vessels are strengthening Tanzania’s position as a regional trade gateway to East Africa while delivering benefits for customers, businesses and the wider economy.”

The transition to handling cargo through Pure Car and Truck Carriers (PCTC), implemented in collaboration with the Tanzania Ports Authority, has enabled faster, safer and more efficient discharge of heavy-duty vehicles. This shift from general cargo operations has driven consistent performance gains across cargo categories and strengthened Dar es Salaam’s position as a competitive trade hub in East Africa.

NMB YATAMBULIWA MAREKANI KWA UBUNIFU WA BIMA KIDIJITALI

Mkuu wa Idara ya Bima wa NMB Bank Plc, Martine Massawe (wa pili kushoto), akimkabidhi Afisa Mkuu wa Wateja Binafsi na Biashara wa benki hiyo, Filbert Mponzi, tuzo ya Best Bancassurance Innovation and Partner of the Year – Tanzania 2026 kutoka World Economic Magazine. Tuzo hiyo ilitangazwa na taasisi hiyo yenye makao Delaware, Marekani.

DAR ES SALAAM – Benki ya NMB imeendelea kuthibitisha nafasi yake kama kinara wa ubunifu katika sekta ya huduma za kifedha baada ya kutwaa tuzo ya kimataifa ya Best Bancassurance Innovation and Partner of the Year – Tanzania 2026 kutoka World Economic Magazine, kwa mchango wake katika kupanua upatikanaji wa huduma za bima kupitia teknolojia.

Tuzo hiyo ilitangazwa mwezi Mei 2026 na taasisi hiyo yenye makao yake Delaware, Marekani, ikitambua matumizi ya teknolojia na ushirikiano wa kimkakati wa NMB katika kurahisisha upatikanaji wa huduma za bima kwa Watanzania wengi zaidi.

UBUNIFU WA KIDIJITALI WAWEKA BIMA KARIBU NA WANANCHI

Moja ya sababu zilizoiwezesha NMB kupata tuzo hiyo ni ubunifu wa JIRANI, chatbot inayotumia WhatsApp, inayowawezesha wateja kupata huduma mbalimbali za bima moja kwa moja kupitia simu zao za mkononi.

Kupitia JIRANI, mteja anaweza:

• Kununua bima ya magari na bima ya maisha ya vikundi.
• Kujisajili kwa huduma za bima.
• Kuwasilisha nyaraka zinazohitajika.
• Kupata kumbukumbu za malipo.
• Kuanzisha madai ya bima.

Huduma hiyo imeondoa changamoto za kutembelea matawi na kurahisisha upatikanaji wa bima kwa njia ya kidijitali.

UMEBIMA MINI APP YAONGEZA UFIKIVU WA HUDUMA ZA BIMA

Mbali na JIRANI, NMB imeendelea kuboresha huduma zake kupitia UmeBima Mini App, ambayo imeunganishwa ndani ya NMB Mkononi Super App.

Kupitia programu hiyo, wateja wanaweza kupata huduma za bima sambamba na huduma nyingine za kifedha wanazotumia kila siku, jambo linalorahisisha usimamizi wa fedha na ulinzi wa kifedha kupitia simu ya mkononi.

VIONGOZI WA NMB WAZUNGUMZIA TUZO HIYO

Afisa Mkuu wa Wateja Binafsi na Biashara wa NMB, Filbert Mponzi, alisema tuzo hiyo ni uthibitisho wa juhudi zinazofanywa na benki pamoja na washirika wake kuhakikisha huduma za bima zinakuwa rahisi zaidi na zinawafikia Watanzania wengi.

"Tuzo hii ni uthibitisho wa kazi inayofanywa na timu yetu pamoja na washirika wetu kuhakikisha huduma za bima zinakuwa rahisi, zinapatikana kwa urahisi na zinawafikia Watanzania wengi zaidi," alisema Mponzi.

NMB WINS GLOBAL AWARD FOR DIGITAL INSURANCE INNOVATION

NMB Bank Plc Head of Bancassurance, Martine Massawe (left) presents the Best Bancassurance Innovation and Partner of the Year – Tanzania 2026 award to the Bank’s Chief Retail Banking, Filbert Mponzi (right). The World Economic Magazine award was announced in May 2026 by the Delaware, United States-based organisation.

DAR ES SALAAM – NMB Bank Plc has received international recognition for its leadership in digital insurance after being named Best Bancassurance Innovation and Partner of the Year – Tanzania 2026 by World Economic Magazine, highlighting the Bank's commitment to expanding access to insurance through technology-driven solutions and strategic partnerships.

The award, announced in May 2026 by the Delaware, United States-based publication, acknowledges NMB's efforts to transform insurance distribution by making products more accessible, affordable and convenient for millions of Tanzanians.

RECOGNISING DIGITAL TRANSFORMATION IN INSURANCE

The recognition comes at a time when Tanzania continues to strengthen its insurance sector by promoting wider financial inclusion and increasing insurance uptake through digital channels.

According to the Tanzania Insurance Regulatory Authority (TIRA), insurance penetration rose to 2.08 percent of Gross Domestic Product (GDP) in 2024, up from 2.01 percent in 2023, reflecting steady market growth while also highlighting the significant opportunity to expand insurance coverage across the country.

NMB's latest award reinforces the important role that banks can play in bridging the insurance gap by integrating insurance services into everyday banking experiences.

JIRANI CHATBOT DRIVES DIGITAL INSURANCE ACCESS

One of the innovations behind the award is JIRANI, NMB's WhatsApp-based chatbot that enables customers to purchase insurance without visiting a branch.

Through the chatbot, customers can:

• Purchase motor and group life insurance.
• Complete policy enrolment.
• Upload required documents.
• Generate payment references.
• Initiate insurance claims.

The digital platform significantly simplifies the insurance purchasing journey by allowing customers to complete the entire process using their mobile phones.

UMEBIMA MINI APP EXPANDS MOBILE INSURANCE SERVICES

NMB has further strengthened its digital insurance ecosystem through the UmeBima Mini App, integrated within the NMB Mkononi Super App.

The platform enables customers to conveniently access insurance products alongside their everyday banking services, making insurance a seamless part of digital financial management.

By embedding insurance within its mobile banking ecosystem, NMB is reducing barriers related to distance, paperwork and lengthy procedures that have traditionally limited insurance adoption.

LEADERSHIP REACTS TO THE GLOBAL RECOGNITION

NMB Chief of Retail Banking, Filbert Mponzi, said the international recognition validates the Bank's ongoing investment in technology and collaborative partnerships aimed at making insurance more inclusive.

"This award is a recognition of the work being undertaken by our team and partners to ensure that insurance services are simpler, more accessible and capable of reaching more Tanzanians," said Mponzi.