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Tuesday, 10 November 2026

NMB YAWAKUTANISHA WADAU WA KOROSHO MTWARA, CBT YAHAKIKISHA MALIGHAFI KWA VIWANDA

MTWARA; November 7, 2026 - Benki ya NMB imewakutanisha wadau mbalimbali wa sekta ya korosho mkoani Mtwara katika kikao kilicholenga kujadili fursa za ufadhili na kutafuta suluhisho la changamoto zinazokabili mnyororo wa thamani wa zao hilo, huku Bodi ya Korosho Tanzania (CBT) ikiwahakikishia wawekezaji upatikanaji wa malighafi za kutosha kwa ajili ya viwanda vya kubangua korosho.

Mkurugenzi Mkuu wa CBT, Francis Alfred, amesema bodi hiyo itahakikisha wawekezaji wanaowekeza mitaji mikubwa katika ujenzi wa viwanda vya kubangua korosho hawakabiliwi na changamoto ya kukosa korosho ghafi za kuendesha shughuli zao.

Alfred alitoa kauli hiyo Novemba 7, 2026, mkoani Mtwara, wakati wa kikao cha wadau wa korosho kilichoandaliwa na NMB, kikihusisha wabanguaji, wanunuzi na wafanyabiashara wa zao hilo.

NMB BANK SUPPORTS TANZANIA'S CASHEW PROCESSING AMBITIONS AS CBT ASSURES INVESTORS OF RAW MATERIAL SUPPLIES

MTWARA; November 7, 2026 - The Tanzania Cashew Board (CBT) has assured investors planning to establish cashew processing factories in the country of adequate raw cashew nut supplies, as the government intensifies efforts to expand domestic processing capacity by 2030.

CBT Director General, Francis Alfred, said the Board would work to ensure that investors committing substantial capital to cashew processing facilities have reliable access to raw materials and do not face factory operational disruptions due to shortages.

Alfred made the remarks during a cashew stakeholders' meeting organised by NMB Bank in Mtwara on November 7, 2026. The meeting brought together processors, buyers and traders to explore financing opportunities and address challenges affecting different segments of the cashew industry.

He welcomed NMB Bank's engagement with industry stakeholders, noting that collaboration between financial institutions and businesses across the cashew value chain was essential to increasing production, strengthening the industry and supporting Tanzania's ambition to expand domestic processing capacity by 2030.

Alfred also called on other financial institutions to engage directly with industry players and develop financing solutions that respond to their needs.

He further urged banks to ensure timely payments to farmers, explaining that prompt payments would enable farmers to meet their financial obligations and adequately prepare for subsequent production activities.

NMB Pledges Support for Cashew Industry

Speaking at the meeting, NMB Bank's Head of Agribusiness for Wholesale Banking, Christopher Mwalugenge, said the bank was ready to support businesses operating across the cashew value chain throughout the 2026/2027 marketing season.

He explained that NMB's financing solutions were designed to help auction buyers and primary-market participants secure sufficient quantities of raw cashew nuts while ensuring that domestic processors have access to the raw materials needed to maintain continuous factory operations.

BANK OF TANZANIA CREDIT GUARANTEES UNLOCK TZS 2.1 TRILLION IN LOANS FOR TANZANIAN BUSINESSES

DAR ES SALAAM, Tanzania; November 9, 2026 – The Bank of Tanzania (BoT) has issued credit guarantees worth TZS 1.6 trillion, facilitating access to loans totalling TZS 2.1 trillion for businesses and entrepreneurs across various sectors of the economy.

The initiative is part of government-backed credit guarantee schemes managed by the central bank to improve access to financing, particularly for businesses with commercially viable projects but insufficient collateral to secure loans from banks and other financial institutions.

BoT Moves to Address Collateral Challenges

Speaking during a seminar for journalists, BoT Senior Financial Analyst Gloria Chellunga said the credit guarantee schemes were established to address one of the major barriers facing entrepreneurs and small and medium-sized enterprises (SMEs) seeking financing.

She explained that many businesses have viable investment projects and meet banks' lending requirements but struggle to access credit because they lack sufficient assets to offer as collateral.

"Some businesses have viable projects and meet the lending requirements of banks, but they fail to secure financing because they do not have sufficient collateral," Chellunga said.

"These schemes were established to bridge that gap and enable such businesses to access loans," she added.

Two Government-Backed Schemes Supporting Businesses

The government established two credit guarantee schemes to strengthen access to financing for businesses and entrepreneurs.

The Export Credit Guarantee Scheme (ECGS), introduced in July 2002, was designed to support exporters seeking financing for commercially viable business activities.

The Small and Medium Enterprises Credit Guarantee Scheme (SMECGS), launched in September 2005, focuses on improving access to credit for SMEs that face difficulties meeting conventional collateral requirements.

Both schemes are administered by the Bank of Tanzania and aim to bridge the financing gap between viable business opportunities and the capital required to develop sustainable enterprises.

TANZANIA, AFRICAN DEVELOPMENT BANK CLOSE LANDMARK $1.2 BILLION COMMERCIAL FINANCING FOR STANDARD GAUGE RAILWAY

November 4, 2026 - The United Republic of Tanzania has signed a $1.2 billion commercial financing facility for the Tabora–Kigoma section of its Standard Gauge Railway (SGR), also known as Lot 6.

The African Development Bank (AfDB), acting as the Initial Mandated Lead Arranger (MLA), structured and arranged an $800 million Partial Credit Guarantee (PCG), the largest guarantee of its kind issued by the Bank to date.

Tanzania mandated the Bank to structure and mobilise up to $3.2 billion to support the development of its regional railway network through the Standard Gauge Railway Project. Delivering this ambitious project required a financing approach capable of attracting capital from multiple investor classes.

A key priority was to align the financing requirements and risk appetites of various institutions within a unified financing structure to support this strategic infrastructure investment, while taking into account the country's other debt obligations and geopolitical developments that influenced interest rates.

The transaction combines the Bank's expertise in the transport sector with its financial structuring and guarantee capabilities to advance the development of the Central Corridor as a productive regional economic corridor.

The Bank mobilised a nine-bank syndicate for the $1.2 billion commercial facility, which was co-arranged by Deutsche Bank and Société Générale. Other lenders include HSBC, Commerzbank, Nedbank, Stanbic Bank Tanzania, First Abu Dhabi Bank, FirstBank UK and Bank of Africa United Kingdom.

AFRICA'S LEADING VOICES ON ETHICS, GOVERNANCE AND RESPONSIBLE BUSINESS CONVERGE IN TANZANIA FOR THE ABSA BEN-AFRICA CONFERENCE 2026

Absa Bank Tanzania Managing Director, Obedi Laiser (centre), shakes hands with BEN-Africa President, Dr Bryan Robinson, during the closing ceremony of the two-day Absa BEN-Africa 2026 Conference, sponsored by Absa Bank, at the University of Dar es Salaam Business School (UDBS) in Dar es Salaam. The conference was jointly organised by Absa Bank, BEN-Africa and the University of Dar es Salaam, focusing on the role of ethical principles in promoting sustainable business practices and economic development across Africa. On the left is Absa Bank Tanzania Director of Legal and Compliance, Alistides Kashasira.

Dar es Salaam, Tanzania | 6 November 2026 – The Absa Business Ethics Network of Africa (BEN-Africa) Conference 2026 concluded successfully at the University of Dar es Salaam Business School (UDBS), bringing together a diverse and influential gathering of scholars, business leaders, policymakers, regulators, students, development practitioners and ethics professionals from across Africa and beyond.

Hosted at the University of Dar es Salaam, in partnership with Absa Bank Tanzania and BEN-Africa, the two-day conference provided a vibrant platform for critical dialogue on ethical leadership, responsible business conduct and sustainable development under the theme: "Contrasting Perspectives on Business Ethics: Afrocentricity and Beyond."

Absa Bank Tanzania Managing Director, Obedi Laiser, speaks during the closing ceremony of the two-day Absa BEN-Africa 2026 Conference, sponsored by the bank, at the University of Dar es Salaam Business School (UDBS) in Dar es Salaam.

The conference attracted participants from numerous African countries, as well as delegates from Europe and the United States. Many attended in person, while others joined virtually through digital platforms, reflecting the growing international significance of discussions on Africa's contribution to global business ethics.

Opening the conference, Justice (Emeritus) Sivangilwa Sikalalilwa Mwangesi, Commissioner of the President's Office – Ethics Secretariat and Guest of Honour, challenged delegates to view ethics not as an obstacle to development but as its foundation, emphasising that sustainable prosperity, effective governance and public trust are inseparable from ethical leadership.

University of Dar es Salaam Business School (UDBS) Dean, Prof. Omari Mbura, speaks during the closing ceremony of the two-day Absa BEN-Africa 2026 Conference, sponsored by Absa Bank, at the UDBS Conference Hall in Dar es Salaam.

In his welcome remarks, the Chairman of the Board of Absa Bank Tanzania, Paul Makanza, highlighted the importance of bringing together academia, business, government and civil society to collectively address the ethical challenges and opportunities shaping Africa's future.

Over the course of the two days, participants engaged in rich and thought-provoking discussions across a range of themes, including:

  • Afrocentric and Western perspectives on business ethics.
  • Profit, power and the future of responsible business.
  • Sustainable economic growth and institutional accountability.
  • Responsible entrepreneurship.
  • Corporate citizenship and social impact.
  • Ethics in tourism.
  • Ubuntu and artificial intelligence.
  • Governance in an increasingly interconnected world.

The conference featured renowned scholars, senior executives, regulators and thought leaders who brought diverse perspectives and practical experiences to the discussions.

Absa Bank Tanzania Managing Director, Obedi Laiser (second left), shakes hands with the Commissioner of the Ethics Secretariat in the President's Office, retired Judge Sivangilwa Sikalalilwa Mwangesi, during the closing ceremony of the two-day Absa BEN-Africa 2026 Conference, sponsored by the bank, at the University of Dar es Salaam Business School (UDBS) in Dar es Salaam. From left are Absa Group Senior Ethics Specialist, Moses Chisadza, and Absa Bank Tanzania Board Chairman, Paul Makanza.

Monday, 9 November 2026

AIRTEL TANZANIA YAIMARISHA MAWASILIANO BAGAMOYO, YAZINDUA MNARA MPYA

Bagamoyo, Novemba 2, 2026. Airtel Tanzania imeendelea kuimarisha huduma zake za mawasiliano katika Mkoa wa Pwani kwa kuzindua mnara mpya wa mawasiliano katika Kitongoji cha Sanzale, Wilaya ya Bagamoyo. Hatua hiyo inalenga kuboresha upatikanaji wa huduma za simu na intaneti, sambamba na kukidhi mahitaji yanayoongezeka ya kidijitali katika jamii, Kila Kona.

Uwekezaji huo unatarajiwa kuwanufaisha wakazi wa zaidi ya mitaa 12 ya Sanzale na maeneo jirani, wakiwemo wajasiriamali na wafanyabiashara wanaotegemea huduma za mawasiliano ya uhakika ili kuwasiliana na wateja, kupokea malipo ya kidijitali, kupata taarifa na kurahisisha shughuli zao za kila siku.

Akizungumza wakati wa uzinduzi huo, Lusajo Venance Mwakapeje alisema mnara huo umetatua changamoto ya muda mrefu ya mawasiliano iliyokuwa ikiikabili jamii ya eneo hilo, ambapo hata makazi ya Mwenyekiti wa Kitongoji yalikuwa hayapati kabisa mtandao wa Airtel.

"Kwa muda mrefu eneo hili lilikuwa na changamoto kubwa ya mtandao, lakini tangu mnara huu ulipowekwa hali imebadilika kwa kiasi kikubwa. Mnara huu utahudumia wakazi wa Sanzale na zaidi ya mitaa 12 inayozunguka eneo hili, na kuwafikishia huduma za mawasiliano, Airtel Money na intaneti kwa urahisi zaidi," alisema.

AIRTEL TANZANIA EXTENDS NETWORK COVERAGE WITH NEW TOWER IN BAGAMOYO

Bagamoyo, November 2, 2026 – Airtel Tanzania has strengthened its network presence in the Coastal Region with the launch of a new telecommunications tower in Sanzale, Bagamoyo, in a move aimed at enhancing connectivity and supporting the growing digital needs of the local community, Kila Kona.

The investment is expected to benefit residents across more than 12 streets in Sanzale and surrounding areas, including entrepreneurs and businesses that increasingly rely on reliable connectivity to communicate with customers, facilitate digital payments, access information and manage their daily activities.

Speaking during the launch, Lusajo Venance Mwakapeje said the new tower addresses a long-standing connectivity challenge in the area, noting that even the village chairperson's residence previously lacked Airtel network coverage.

"Residents had experienced significant network challenges, but since the installation of this tower, the situation has changed considerably. The infrastructure will serve Sanzale and more than 12 surrounding streets, bringing Airtel's communication, Airtel Money and internet services closer to the community," he said.

Improved connectivity is also expected to facilitate communication and enable residents to report emergencies and other community challenges more effectively.

TIRA NA ARiS WAPANDA MLIMA KILIMANJARO KUADHIMISHA MIAKA 30 YA SEKTA YA BIMA TANZANIA

KILIMANJARO, Novemba 6, 2026 – Mamlaka ya Usimamizi wa Bima Tanzania (TIRA) kwa kushirikiana na kampuni ya ARiS Risk & Insurance Solutions wameanza safari ya kupanda Mlima Kilimanjaro ikiwa ni sehemu ya maadhimisho ya miaka 30 tangu sekta ya bima ilipofunguliwa kwa ushindani nchini Tanzania.

Safari hiyo pia inalenga kuadhimisha mafanikio yaliyopatikana katika sekta ya bima, kutambua mchango wake katika ukuaji wa uchumi na kuongeza uelewa wa umma kuhusu umuhimu wa bima katika kulinda maisha, mali na shughuli za kiuchumi.

Wapandaji 22 Waanza Safari ya Kilimanjaro

Safari hiyo ilianza Novemba 6, 2026, kupitia Lango la Machame katika Hifadhi ya Taifa ya Kilimanjaro, ikiwa na washiriki 22 kutoka taasisi hizo mbili wanaolenga kufika kileleni mwa mlima huo wenye urefu wa mita 5,895 kutoka usawa wa bahari.

Kwa mujibu wa ratiba, safari ya kupanda mlima itafanyika kuanzia Novemba 6 hadi 11, huku washiriki wakitarajiwa kushuka kupitia Lango la Mweka Novemba 12, 2026.

Katika hafla ya kuwaaga washiriki iliyofanyika katika Lango la Machame, Kamishna wa Bima, Dkt. Baghayo Saqware, aliwakabidhi bendera za taasisi hizo kabla ya kuanza safari.

Hafla hiyo ilihudhuriwa na viongozi na wafanyakazi wa ARiS Insurance Brokers, menejimenti na wafanyakazi wa TIRA pamoja na wadau wengine wa sekta ya bima.

Ushirikiano na Ustahimilivu Katika Kukuza Sekta ya Bima

Safari hiyo imeandaliwa chini ya Kili Insurance Summit 2026 yenye kaulimbiu isemayo, “Miaka 30 ya Ubora katika Sekta ya Bima, Tukifikia Viwango Vipya kwa Pamoja – Kilele Kimoja cha Kipekee.”

Kupitia safari hiyo, waandaaji wanalenga kuonesha umuhimu wa maandalizi, ushirikiano, nidhamu na ustahimilivu katika kukabiliana na changamoto na kufikia malengo makubwa.

YAS PLEDGES THREE YEARS OF SUPPORT FOR AFYA BORA, MAISHA BORA CAMPAIGN IN ZANZIBAR

Zanzibar’s Second Vice President and patron of the Afya Bora, Maisha Bora campaign, Hon. Hemed Suleiman Abdulla (second right), presents a plaque of appreciation to Yas Tanzania Chief Executive Officer, Mr Pierre Canton Bacara, during the closing ceremony of the campaign’s sixth medical camp at the Kinduni Academy grounds in North Unguja on November 7. Looking on are Zanzibar’s Minister of Health, Mr Nassor Ahmed Mazrui (second left); Minister for Information, Youth, Culture and Sports, Dr Riziki Pembe Juma (left); and Zanzibar Maisha Bora Foundation Chief Executive Officer, Ms Rehema Tukai (right). At the conclusion of the five-day camp, Yas pledged to support the campaign for the next three years.

Kinduni, Zanzibar, November 7, 2026 – Yas Tanzania has pledged to support the Afya Bora, Maisha Bora campaign, implemented by the Zanzibar Maisha Bora Foundation, for the next three years, in a move aimed at expanding access to free medical screening and treatment for communities across Zanzibar.

The commitment was announced by Yas Tanzania Chief Executive Officer, Mr Pierre Canton Bacara, on Saturday during the closing ceremony of the sixth medical camp, which ran for five days at the Kinduni Academy grounds in North Unguja.

Speaking at the ceremony, Zanzibar’s Second Vice President, Hon. Hemed Suleiman Abdulla, who also serves as the campaign’s patron, said the camp had provided residents with an opportunity to consult doctors, undergo medical screening and receive treatment free of charge within their communities.

He reaffirmed the Revolutionary Government of Zanzibar’s commitment to supporting and working with institutions that bring essential social services closer to the people.

Hon. Abdulla commended Zanzibar Maisha Bora Foundation Chairperson, Mama Mariam Mwinyi, for her efforts in extending free medical services to communities across Zanzibar. He also thanked Yas Tanzania for sponsoring the Kinduni camp and committing to support future medical camps.

Zanzibar’s Minister of Health, Hon. Nassor Ahmed Mazrui, said more than 4,200 people had attended the camp within its first four days.

SERIKALI YAHIMIZA UWEKEZAJI WA MIUNDOMBINU YA COLD CHAIN KUONGEZA MAUZO YA MAZAO YENYE THAMANI NJE YA NCHI

KILIMANJARO, Novemba 7, 2026: Serikali imehimiza sekta binafsi kuongeza uwekezaji katika miundombinu ya kisasa ya kuhifadhi na kusafirisha mazao kwa mfumo wa ubaridi (Cold Chain) ili kuimarisha ubora wa bidhaa, kupunguza upotevu baada ya mavuno na kuongeza mauzo ya bidhaa za Tanzania katika masoko ya kimataifa.

Wito huo umetolewa na Naibu Katibu Mkuu wa Wizara ya Kilimo, Profesa Mpita Msofe, pamoja na Naibu Katibu Mkuu wa Wizara ya Viwanda na Biashara, Bw. Aristides Mbuasi, wakati wa ziara ya kutembelea kituo cha kuhifadhi na kusafirisha mazao ya bustani kinachoendeshwa na kampuni ya Swissport katika Uwanja wa Ndege wa Kimataifa wa Kilimanjaro (KIA), Novemba 7, 2026.

Ziara hiyo ni sehemu ya shughuli zilizoandaliwa kuelekea Kongamano na Maonesho ya Horticulture Logistics Africa yanayofanyika jijini Arusha, kwa lengo la kuonesha fursa za uwekezaji na biashara pamoja na kuhamasisha ushiriki wa wadau mbalimbali katika kukuza sekta ya mazao ya bustani nchini.

SWISSPORT YAWEKEZA KITUO CHENYE UWEZO WA KUHIFADHI TANI 180

Akizungumza wakati wa ziara hiyo, Profesa Msofe ameipongeza Swissport kwa uwekezaji wa kituo hicho chenye uwezo wa kuhifadhi tani 180 za mazao mbalimbali ya mboga na matunda.

Amesema miundombinu hiyo ni muhimu katika kuhakikisha mazao yanahifadhi ubora wake kuanzia shambani hadi yanapowafikia walaji katika masoko ya nje ya nchi.

Ameeleza kuwa mfumo wa Cold Chain unapaswa kuanzia mashambani na kuendelea katika maghala ya kuhifadhi mazao, magari maalumu ya usafirishaji na hatimaye vituo vya viwanja vya ndege ili kudhibiti uharibifu wa mazao yanayoharibika kwa haraka.

Aidha, amesema kituo hicho bado hakijatumika kikamilifu, kwani kwa mujibu wa taarifa za Swissport, kiwango cha juu cha matumizi yake ni takribani asilimia 76. Hali hiyo inaonesha kuwa bado kuna fursa kwa wakulima na wafanyabiashara kutumia huduma hizo kuongeza usafirishaji wa mazao kwenda katika masoko ya kimataifa.

EQUITY BANK TANZANIA HIGHLIGHTS INCLUSIVE GROWTH AS GROUP REPORTS US$771 MILLION IN SUSTAINABILITY INVESTMENTS

Equity Group Managing Director and Chief Executive Officer, Dr. James Mwangi, during the launch of the Group’s 2025 Sustainability Report.

Equity Bank Tanzania has underscored the importance of financing businesses, strengthening agricultural resilience and expanding economic opportunities for women and young people following the release of Equity Group Holdings Plc’s 2025 Sustainability Report, which records KSh99.5 billion (US$771 million) in social impact and sustainability investments across the Group’s regional operations.

The report, themed A Sustainable World is a Transformed Africa, highlights the Group’s contribution to enterprise development, financial inclusion, agriculture, education, healthcare, climate action and responsible business practices. It reflects Equity’s approach to combining commercial performance with investments that create lasting economic and social value.

From left to right: Lamech Opiyo, Environmental Sustainability Leader, Climate Action Champion and Rotary International Youth Representative to the United Nations in Africa; Dr. James Mwangi, Equity Group Managing Director and Chief Executive Officer; and Loise Njeri, Equity Leaders Program alumna and Founder and Managing Director of Luxe Laundry, during the launch of the Equity Group 2025 Sustainability Report.

For Tanzania, the report reinforces the role of financial institutions in supporting productive sectors of the economy, particularly small and medium-sized enterprises, agriculture and businesses seeking to adopt more sustainable practices. It also highlights the importance of making finance and financial knowledge more accessible to women, young entrepreneurs and underserved communities.

A major highlight of the report is the Group’s support for enterprise development. Equity reports having disbursed KSh404 billion (US$3.11 billion) to micro, small and medium-sized enterprises across its markets. Through the Equity Group Foundation, the Group has cumulatively trained 962,924 entrepreneurs and provided financial education to more than 2.49 million women and young people.

These achievements are particularly relevant to Tanzania, where access to capital, financial knowledge and business development support can help enterprises strengthen their operations, improve competitiveness and create employment opportunities.

Commenting on the report, Equity Group Managing Director and Chief Executive Officer, Dr. James Mwangi, said the Group continues to demonstrate how commercial success can support sustainable development and economic transformation.

“The stronger our business becomes, the greater our capacity to invest in people, enterprises and communities, while building resilience across the markets we serve. Through our investments, partnerships and innovation, we are translating our purpose of transforming lives, giving dignity and expanding opportunities for wealth creation across Africa into measurable, enduring impact,” said Dr. Mwangi.

Putting the report into the Tanzanian context, Equity Bank Tanzania Acting Managing Director, Prosper Nambaya, emphasised the importance of connecting sustainable finance with practical economic opportunities for businesses, farmers and communities.

“For Tanzania, sustainability must be measured by the difference it makes in people’s lives and businesses. When a small enterprise accesses financing to expand, when a farmer invests in more resilient production, or when a woman or young entrepreneur gains the financial knowledge and opportunities to grow a business, we begin to see the real value of sustainable banking. At Equity Bank Tanzania, our focus is on connecting responsible financing with productive economic activity, stronger livelihoods and long-term resilience. The Group’s sustainability achievements reinforce our commitment to supporting inclusive growth while building a financial institution that creates lasting value for customers, communities and the wider economy,” said Nambaya.

Saturday, 7 November 2026

BOLT BUSINESS RECORDS 71% GROWTH IN TANZANIA, EYES FURTHER CORPORATE EXPANSION

Dar es Salaam, Tanzania: Bolt Business, a leading corporate mobility solutions provider in Tanzania, has recorded year-on-year revenue growth of more than 71%, reflecting increasing demand from companies seeking smarter, safer and more efficient ways to manage business travel.

The growth was highlighted during the Bolt Business Mobility Forum held at Barraca Restaurant in Dar es Salaam, where business executives, corporate leaders and industry experts discussed the evolving role of mobility in driving business productivity and economic growth.

The forum explored how corporate mobility has evolved in Tanzania since the COVID-19 pandemic, with discussions shifting from viewing transportation as an operational expense to recognising it as an important component of business infrastructure.

Launched in Tanzania with a modest revenue base, Bolt for Business has experienced significant growth, particularly in 2022, as more organisations embraced digital mobility solutions to manage employee transportation, improve travel efficiency and enhance convenience when attending business meetings.

Speaking at the event, Bolt Business' newly appointed Country Manager for Tanzania, Cynthia Ponera, attributed the growth to a changing corporate mindset, with businesses increasingly viewing mobility as a strategic investment rather than a routine operating cost.

"Most businesses understand that every arrival an employee makes at a meeting has to be a dignified arrival that boosts the morale and confidence of their efforts.

"The conversation is no longer about getting employees from one meeting to another. It is about giving organisations greater visibility, safety and efficiency while reducing the hidden costs of business travel," Ponera said.

Bolt Partners with Barraca Restaurant to Launch Dine and Ride Campaign

Alongside the forum, Bolt Business partnered with Barraca Restaurant to introduce the Dine and Ride campaign in Dar es Salaam, aimed at improving customer convenience through discounted transportation.

Under the campaign, customers spending a minimum of TSh 30,000 at Barraca Restaurant will qualify for Bolt ride discounts of up to 50%.

The partnership seeks to address transportation and parking challenges around Tanzanite Park Tower, located along Old Bagamoyo Road, where limited parking space can affect the overall customer experience.

Friday, 6 November 2026

VODACOM TANZANIA YAWEKEZA SHILINGI BILIONI 246 KUIMARISHA MTANDAO NA MIUNDOMBINU YA TEKNOLOJIA

Dar es Salaam, Novemba 6, 2026: Vodacom Tanzania Plc imetoa ripoti yake ya nusu mwaka wa fedha 2027, ikionesha ongezeko la mapato yatokanayo na huduma kwa asilimia 20.8 hadi kufikia Sh trilioni 1.067, huku faida baada ya kodi ikiongezeka kwa asilimia 182.7 hadi Sh bilioni 117.8.

Ukuaji huo, katika kipindi cha miezi sita kilichoishia Septemba 30, 2026, umechangiwa kwa kiasi kikubwa na huduma za M-Pesa na data za simu, ambazo mapato yake yaliongezeka kwa asilimia 26.2 na asilimia 24.6 mtawalia.

Katika kipindi hicho, idadi ya wateja wa kampuni iliongezeka kwa asilimia 17 na kufikia milioni 29.2, huku watumiaji wa huduma za data na M-Pesa wakiongezeka kwa asilimia 13.9 na asilimia 14.1 mtawalia.

Mkurugenzi Mtendaji wa Vodacom Tanzania Plc, Philip Besiimire, alisema matokeo hayo yanaakisi ongezeko la idadi ya wateja na matumizi ya huduma za kampuni, pamoja na uwekezaji unaoendelea katika miundombinu ya mtandao na teknolojia.

Aidha, katika kipindi hicho, kampuni iliwekeza Sh bilioni 246 katika kuimarisha miundombinu yake na kupanua upatikanaji wa huduma za kidijitali na kifedha.

NMB YAPATA DOLA MILIONI 30 KUTOKA CHINA KUFADHILI BIASHARA TANZANIA

Mkurugenzi Mtendaji na Afisa Mtendaji Mkuu wa Benki ya NMB, Ruth Zaipuna (kulia), akipeana mkono na Rais wa Benki ya Maendeleo ya China (CDB), Huang Zhiqiang, wakati wa hafla ya kusaini makubaliano ya mkopo wa dola za Marekani milioni 30 kwa ajili ya kuongeza upatikanaji wa mitaji kwa biashara ndogo na za kati nchini Tanzania. Hafla hiyo imefanyika katika Makao Makuu ya NMB jijini Dar es Salaam.

Dar es Salaam; November 5, 2026 - Benki ya NMB imepata mkopo wa dola za Marekani milioni 30 kutoka Benki ya Maendeleo ya China (China Development Bank – CDB), kwa ajili ya kuongeza upatikanaji wa mitaji kwa biashara ndogo na za kati nchini Tanzania, hatua inayolenga kuchochea uwekezaji, kupanua shughuli za biashara na kuongeza fursa za ajira.

Makubaliano ya mkopo huo yametiwa saini katika hafla iliyofanyika Makao Makuu ya Benki ya NMB jijini Dar es Salaam, yakilenga kuongeza uwezo wa benki hiyo kutoa mikopo kwa wafanyabiashara wanaohitaji mitaji ya kuendeleza shughuli zao, wakiwemo wanaojihusisha na biashara kati ya Tanzania na China.

Akizungumza katika hafla hiyo, Mkurugenzi Mtendaji na Afisa Mtendaji Mkuu wa Benki ya NMB, Ruth Zaipuna, amesema upatikanaji wa mitaji ya kutosha bado ni changamoto kwa wajasiriamali wengi, licha ya mchango mkubwa wa biashara ndogo na za kati katika uchumi wa taifa.

“Biashara ndogo zina mchango mkubwa katika uchumi wa Tanzania, lakini upatikanaji wa mitaji ya kutosha bado ni changamoto kwa wajasiriamali wengi. Mkopo huu wa dola milioni 30 utaongeza uwezo wetu wa kukidhi mahitaji yao ya fedha, kusaidia upanuzi wa biashara na kurahisisha shughuli za kibiashara,” amesema Zaipuna.

Amesema ushirikiano huo pia utaimarisha uhusiano wa NMB na taasisi za kifedha nchini China, huku ukiongeza fursa kwa wafanyabiashara wa Tanzania wanaoagiza na kuuza bidhaa katika soko la China.

Kwa mujibu wa Zaipuna, NMB tayari inatoa huduma za malipo kwa kutumia sarafu ya China (RMB), akaunti za biashara kwa sarafu hiyo pamoja na ufadhili wa biashara za kimataifa kupitia ushirikiano wake na mfumo wa malipo wa Cross-border Interbank Payment System (CIPS).

Thursday, 5 November 2026

NMB SECURES US$30 MILLION FROM CHINA DEVELOPMENT BANK TO BOOST SME FINANCING IN TANZANIA

NMB Bank Plc Managing Director and Chief Executive Officer, Ruth Zaipuna (right), shakes hands with China Development Bank (CDB) President, Huang Zhiqiang, during the signing ceremony of a US$30 million loan facility aimed at expanding financing for micro, small and medium-sized enterprises (MSMEs) in Tanzania. The ceremony was held at NMB Bank’s headquarters in Dar es Salaam.

DAR ES SALAAM; November 5, 2026 - NMB Bank Plc has secured a US$30 million loan facility from China Development Bank (CDB) to expand access to financing for small and medium-sized enterprises (SMEs) in Tanzania, providing additional capital to support business expansion, investment and trade.

The financing agreement was signed at NMB Bank’s headquarters in Dar es Salaam, strengthening cooperation between the two financial institutions and enhancing the bank’s capacity to support Tanzanian enterprises, including businesses engaged in trade with China.

Speaking during the signing ceremony, NMB Bank Managing Director and Chief Executive Officer, Ruth Zaipuna, said limited access to adequate financing remains one of the major challenges facing entrepreneurs seeking to expand their businesses and compete in wider markets.

“Small businesses are central to Tanzania’s economy, yet access to adequate financing remains a challenge for many entrepreneurs. This US$30 million facility will strengthen our ability to respond to their financing needs, support business expansion and facilitate trade. Our focus is to ensure that more Tanzanian businesses have access to the capital they need to grow,” Zaipuna said.

Strengthening Tanzania-China Trade Relations

Zaipuna said the partnership would further strengthen NMB’s relationships with Chinese financial institutions and business partners, creating additional opportunities for Tanzanian importers and exporters to access financing and cross-border payment services.

Through its partnership with China’s Cross-border Interbank Payment System (CIPS), NMB provides renminbi (RMB) payment services, RMB-denominated business accounts and trade finance solutions designed to facilitate transactions between Tanzania and China.

The bank also facilitates Canton Fair business tours, connecting Tanzanian entrepreneurs with Chinese manufacturers and suppliers to explore commercial opportunities and establish new business relationships.

WATEJA CRDB KUFURAHIA MABORESHO YA INTERNET BANKING, KIKOMO CHA MIAMALA KUPANDA HADI SH MILIONI 200

DAR ES SALAAM; November 5, 2026 - Benki ya CRDB imeboresha huduma yake ya Internet Banking kwa lengo la kuwapa wateja uwezo zaidi wa kufanya miamala, kusimamia fedha zao na kutekeleza mahitaji mbalimbali ya kibenki kwa urahisi, popote walipo.

Maboresho hayo yameangaziwa wakati wa uzinduzi wa kampeni ya “Internet Banking ni Bora Zaidi – Uwezo Zaidi, Urahisi Zaidi,” inayolenga kuhamasisha matumizi ya huduma za kibenki kwa njia ya kidijitali. Kupitia mfumo huo, wateja wanaweza kupata huduma mbalimbali kwa kutumia simu au kompyuta saa 24 kwa siku, siku saba za wiki.

Kikomo cha miamala chafikia Sh milioni 200

Akizungumza wakati wa uzinduzi wa kampeni hiyo, Mkurugenzi wa Huduma za Benki kwa Wateja Binafsi wa Benki ya CRDB, Bonaventura Paul, amesema moja ya maboresho makubwa yaliyofanyika ni kuongeza kiwango cha juu cha muamala kutoka Sh milioni 50 hadi Sh milioni 200.

Amesema mfumo huo pia sasa unawezesha wateja kufanya hadi malipo 2,000 kwa muamala mmoja, yakiwamo malipo ya mishahara, jambo linalorahisisha shughuli za biashara na taasisi pamoja na kuokoa muda wa wateja.

Huduma mbalimbali katika mfumo mmoja

Aidha, kupitia Internet Banking, wateja wanaweza kuhamisha fedha kwenda benki nyingine kupitia mfumo wa Tanzania Interbank Settlement System (TISS), kufanya malipo ya kimataifa kupitia mfumo wa SWIFT na kutumia sarafu mbalimbali.

Huduma nyingine zinazopatikana kupitia mfumo huo ni pamoja na malipo ya huduma za Serikali kupitia GePG, kodi za Mamlaka ya Mapato Tanzania (TRA), ununuzi wa umeme wa LUKU, malipo ya ving'amuzi na ununuzi wa tiketi za ndege.

DIAMOND TRUST BANK YAZINDUA AKAUNTI YA BIASHARA+ KUIMARISHA UJUMUISHAJI WA KIFEDHA NA KUKUZA BIASHARA NCHINI

Kutoka kushoto: Bw. Abhinav Sharma, Mkuu wa Huduma za Benki kwa Wateja Binafsi wa DTB; Bi. Elizabeth Mayengoh, Mkuu wa Matawi; Bw. Ravneet Chowdhury, Afisa Mtendaji Mkuu (CEO); na Bw. Magusa Nhende, Mkuu wa Idara ya Mikopo ya Rejareja na Ubunifu wa Kidijitali, wakati wa uzinduzi wa Akaunti ya Biashara+, huduma iliyoboreshwa inayolenga kuwawezesha wajasiriamali na wafanyabiashara wadogo na wa kati kupitia huduma za benki zenye gharama nafuu, urahisi wa kufanya miamala na upatikanaji wa huduma za kifedha kidijitali.

Dar es Salaam; November 4, 2026 - Benki ya Diamond Trust Bank Tanzania PLC (DTB) imezindua Akaunti ya Biashara+, huduma mpya ya kibenki inayolenga kuwawezesha wajasiriamali na wafanyabiashara wadogo na wa kati (MSMEs) kupitia huduma za kifedha zenye gharama nafuu, urahisi wa kufanya miamala na upatikanaji wa huduma za kibenki kidijitali.

Akaunti hiyo imeundwa kwa kutambua mchango mkubwa wa biashara ndogo na za kati katika kukuza uchumi, kuongeza ajira na kuchochea ujasiriamali nchini. Kupitia huduma hiyo, DTB inalenga kurahisisha usimamizi wa fedha na miamala ya kila siku ya biashara, huku ikipanua upatikanaji wa huduma rasmi za kifedha.

Biashara+ inalenga makundi mbalimbali ya wafanyabiashara, yakiwemo wafanyabiashara wa rejareja, wauzaji na wasambazaji wa bidhaa, wafanyabiashara wa pembejeo za kilimo, wamiliki binafsi wa biashara pamoja na wajasiriamali wengine wanaohitaji huduma za benki zilizo rahisi na zenye gharama nafuu.

Akaunti Kufunguliwa kwa Sh10,000

Miongoni mwa vivutio vya Akaunti ya Biashara+ ni urahisi wa kuifungua, ambapo mteja anahitaji kiasi cha kuanzia Sh10,000 pekee, huku salio la chini linalotakiwa kubaki kwenye akaunti likiwa ni Sh10,000.

Hatua hiyo inalenga kupunguza vikwazo vya gharama katika upatikanaji wa huduma rasmi za benki, hususan kwa wajasiriamali na wafanyabiashara wenye mitaji midogo.

Akizungumza kuhusu uzinduzi wa akaunti hiyo, Mkuu wa Idara ya Huduma za Benki kwa Wateja Binafsi wa DTB, Bw. Abhinav Sharma, amesema benki hiyo inaendelea kujizatiti kusaidia ukuaji wa biashara na kupanua ujumuishaji wa kifedha nchini.

Wednesday, 4 November 2026

DIAMOND TRUST BANK TANZANIA LAUNCHES BIASHARA+ TO EMPOWER MSMEs AND ACCELERATE BUSINESS GROWTH

From left: Mr. Abhinav Sharma, Head of Retail Banking; Ms. Elizabeth Mayengoh, Head of Branches; Mr. Ravneet Chowdhury, Chief Executive Officer (CEO); and Mr. Magusa Nhende, Head of Retail Lending & Digital Innovation, during the launch of the DTB Biashara+ Account, a new banking solution designed to meet the evolving needs of MSMEs through accessible, flexible and value-driven banking services.

DAR ES SALAAM, TANZANIA: November 4, 2026 - Diamond Trust Bank Tanzania PLC (DTB Tanzania) has launched the Biashara+ Current Account, an enhanced business banking solution aimed at empowering Micro, Small and Medium Enterprises (MSMEs) through affordable banking services, simplified transactions and convenient access to digital financial solutions.

Recognising the critical role played by MSMEs in driving economic growth, job creation and entrepreneurship, the Biashara+ Current Account has been specifically designed to support businesses in managing their day-to-day financial operations more efficiently.

The account targets retailers, traders, distributors, agro-dealers, sole proprietors and other small business owners seeking accessible, affordable and reliable banking solutions.

With an opening balance of just TZS 10,000 and a minimum operating balance of TZS 10,000, Biashara+ makes formal banking more accessible to entrepreneurs, particularly those operating with limited financial resources.

DTB Reaffirms Commitment to Supporting Small Businesses

Commenting on the launch, Diamond Trust Bank Tanzania Head of Retail Banking, Mr. Abhinav Sharma, reaffirmed the bank's commitment to supporting enterprise development and advancing financial inclusion.

"Small businesses are the backbone of our economy, and their growth is essential to Tanzania's economic progress. Through Biashara+, we are making everyday banking simpler, more affordable and more accessible, enabling entrepreneurs to spend less time managing banking transactions and more time building sustainable businesses," said Mr. Sharma.

Affordable Banking and Convenient Digital Services

The Biashara+ Current Account comes with several benefits designed to improve convenience and reduce banking costs for small businesses.

Key benefits include:

  • Free Internet Banking registration.
  • Free Lipa Eazy onboarding.
  • Two free TIPS transfers per day.
  • Free Mobile Banking registration for sole proprietors.

KCB BANK TANZANIA INTEGRATES PAYPAL WITH BANKING SERVICES TO EXPAND ACCESS TO INTERNATIONAL INCOME

Dar es Salaam; November 3, 2026 - KCB Bank Tanzania has introduced a service enabling Tanzanians earning income through international employment and business opportunities to transfer funds directly from PayPal into their bank accounts through the KCB Mobile App. The initiative aims to simplify access to earnings generated from services provided to clients outside the country.

Launched on October 9, 2026, the service allows customers to link their PayPal accounts with their KCB bank accounts, receive international payments through PayPal and transfer the funds directly into their bank accounts using their mobile phones. The development is expected to reduce reliance on intermediary channels previously used by some Tanzanians to access their international earnings.

The service is expected to benefit freelancers, content creators, writers, technology professionals, online entrepreneurs and tourism companies that receive payments from international clients through digital platforms.

Speaking during the launch, KCB Head of Digital Financial Services, Josina Njambi, said the partnership aims to make digital financial services more accessible and convenient for customers working with clients across different parts of the world.

AIRTEL AFRICA DELIVERS STRONG REVENUE AND CUSTOMER GROWTH IN FIRST HALF OF 2026/27 FINANCIAL YEAR

  • Group revenue increases by 28.2% to $3.82 billion, while customer base grows to 193.9 million.
  • Strong growth across all operating regions, led by Nigeria at 27%, Francophone Africa at 19.2% and East Africa at 18.2%.

November 3, 2026 – Airtel Africa plc, a leading provider of telecommunications and mobile money services across Africa, has reported strong operating and financial performance for the six months ended September 30, 2026, supported by continued investment in network infrastructure, digital capabilities and customer experience.

The Group's total customer base grew by 11.6% to 193.9 million, compared with 173.8 million in the corresponding period last year. Data customers increased by 15% to 89.9 million, while Airtel Money customers grew by 22.4% to 60.9 million, reflecting sustained demand for connectivity and digital financial services across its markets.

Commenting on the performance, Sunil Taldar, Chief Executive Officer of Airtel Africa plc, said the results reflected strong underlying demand across the Group's markets and consistent execution of its strategy.

“Over the first half we have delivered another strong operating and financial performance, reflecting the depth of underlying demand across our markets and consistent execution of our strategy, with total customer growth remaining strong and stable,” he said.

Smartphone penetration increased to 51.6%, supporting higher data consumption. Average smartphone data usage per customer rose to 13.3 GB per month, compared with 10.1 GB in the corresponding period last year. Increased data usage, alongside improvements in customer experience, contributed to a 10.7% increase in data average revenue per user (ARPU) on a constant currency basis.

Tuesday, 3 November 2026

BENKI YA KCB YAUNGANISHA PAYPAL NA HUDUMA ZA BENKI KUPANUA FURSA ZA MAPATO YA KIMATAIFA

Benki ya KCB Tanzania imezindua huduma inayowawezesha Watanzania kuhamisha fedha kutoka kwenye akaunti zao za PayPal kwenda moja kwa moja kwenye akaunti za benki kupitia programu ya KCB Mobile App, hatua inayolenga kurahisisha upatikanaji wa mapato yanayotokana na kazi na biashara za kimataifa.

Huduma hiyo iliyozinduliwa Oktoba 9, 2026, inawawezesha wateja kuunganisha akaunti zao za PayPal na akaunti za KCB, kupokea malipo kutoka kwa wateja walioko nje ya nchi na kuhamisha fedha hizo kwenda kwenye akaunti zao za benki kwa kutumia simu za mkononi.

Ujumuishaji huo unalenga kupunguza changamoto zinazoweza kujitokeza katika upatikanaji wa mapato ya kimataifa, huku ukiwawezesha wateja kusimamia fedha zao kwa urahisi zaidi kupitia huduma za kidijitali.

KUFUNGUA FURSA KWA WAFANYAKAZI NA WAFANYABIASHARA WA MTANDAONI

Huduma hiyo inatarajiwa kuwa na manufaa kwa makundi mbalimbali yanayopata kipato kupitia shughuli za kimataifa, yakiwemo wafanyakazi wa kujitegemea (freelancers), wabunifu wa maudhui (content creators), waandishi, wataalamu wa teknolojia, wafanyabiashara wa mtandaoni pamoja na kampuni za utalii zinazopokea malipo kutoka kwa wateja wa nje ya nchi.

Kupitia huduma hiyo, makundi hayo yanaweza kutumia mfumo wa PayPal kupokea malipo ya huduma na bidhaa wanazotoa katika masoko ya kimataifa, kisha kuhamisha fedha hizo kwenda kwenye akaunti zao za KCB.

Akizungumzia uzinduzi wa huduma hiyo, Mkuu wa Huduma za Kifedha za Kidijitali wa KCB, Josina Njambi, amesema ushirikiano huo unalenga kurahisisha upatikanaji wa huduma za kifedha za kidijitali kwa wateja wanaofanya kazi na wateja kutoka sehemu mbalimbali duniani.

NMB YATENGA ZAWADI ZA SH. MILIONI 600 KWA WATEJA, MAGARI MATATU KUONGOZA KAMPENI YA ‘WEKA NA USHINDE’

Dar es Salaam; November 3, 2026 - Benki ya NMB imezindua kampeni ya Bonge la Mpango ‘Weka na Ushinde’, inayolenga kuhamasisha utamaduni wa kuweka akiba kwa kuwazawadia wateja wake zawadi zenye thamani ya zaidi ya Shilingi milioni 600.

Kampeni hiyo iliyoanza Novemba 1, 2026 na itakayodumu hadi Januari 31, 2027, inatoa fursa kwa wateja kushinda zawadi mbalimbali zikiwemo fedha taslimu, pikipiki na magari matatu, ikiwemo Toyota Land Cruiser la utalii na magari mawili aina ya Ford Ranger.

Akizungumza wakati wa uzinduzi wa kampeni hiyo uliofanyika jijini Dar es Salaam, Novemba 3, 2026, Afisa Mkuu wa Wateja Binafsi na Biashara wa NMB, Filbert Mponzi, alisema kampeni hiyo imeandaliwa kama sehemu ya juhudi za benki hiyo kuwahamasisha Watanzania kujiwekea akiba huku wakipata nafasi ya kunufaika na zawadi mbalimbali.

Alisema kupitia droo 13 za kila wiki, jumla ya wateja 130 watajishindia Shilingi 100,000 kila mmoja, huku wateja wengine 30 wakipata Shilingi 500,000 kila mmoja kupitia droo za kila mwezi.

Mbali na zawadi hizo za fedha, zawadi kuu zitakuwa magari matatu, ambayo ni Toyota Land Cruiser moja lililokusudiwa kwa shughuli za utalii na Ford Ranger mbili.

AMCOS KUNUFAIKA NA KAMPENI

Katika kuunga mkono sekta ya kilimo na kuimarisha ushirikiano na vyama vya msingi vya ushirika (AMCOS), Mponzi alisema kampeni hiyo pia imejumuisha vyama vya ushirika katika mikoa ya Mtwara na Lindi.

Alieleza kuwa NMB imetenga zaidi ya pikipiki 20 kwa ajili ya kuvizawadia vyama vitakavyopitisha malipo ya zao la korosho kupitia benki hiyo katika msimu wa 2026/2027.

Hatua hiyo inalenga kuhamasisha matumizi ya mifumo rasmi ya kifedha katika malipo ya mazao na kuongeza fursa za ushirikiano kati ya benki na wadau wa sekta ya kilimo.