TMRC APPOINTS ELIBARIKI NDOSSI AS NEW CHIEF EXECUTIVE OFFICER

Dar es Salaam, Tanzania – 17 January 2026 — Tanzania Mortgage Refinance Company Limited (TMRC) has announced the appointment of Mr. Elibariki Ndossi as its new Chief Executive Officer (CEO), effective 2 January 2026, in a move expected to further strengthen the country’s housing finance ecosystem.

Mr. Ndossi brings over 18 years of experience in the financial services sector, with extensive expertise in corporate banking, investment banking, capital markets, and structured finance. His appointment comes at a pivotal time as TMRC continues to play a central role in deepening access to long-term housing finance in Tanzania.

He began his professional career at NBC Limited—formerly part of ABSA and Barclays—where he steadily rose through senior leadership positions. During his tenure, he served as Head of Large Local Corporates and Head of Corporate Debt, managing complex, high-value portfolios and leading landmark cross-border financing transactions.

In 2019, Mr. Ndossi joined Stanbic Bank Tanzania as Head of Investment Banking, where he spearheaded the franchise’s strategic growth agenda. In this role, he oversaw a portfolio valued at nearly USD 700 million and led the execution of some of Tanzania’s most significant financing transactions across government, infrastructure, energy, real estate, mining, telecommunications, and capital markets.

His leadership was instrumental in delivering major mandates, including sovereign and sub-sovereign financing transactions, syndicated loan facilities, and Tanzania’s largest green bond issuance, while maintaining strong risk management and governance standards.

Mr. Ndossi is a Certified Director (CiDir) and holds multiple professional certifications in finance, investment advisory, and leadership. His academic background includes training from the University of Dar es Salaam, the University of Cape Town Graduate School of Business, and the Gordon Institute of Business Science (GIBS). Beyond his executive responsibilities, he is actively involved in capacity building, contributing as an instructor and mentor within Tanzania’s financial and business community.

In welcoming the new CEO, TMRC’s Board of Directors and Management expressed confidence in Mr. Ndossi’s ability to advance the institution’s mandate of deepening and strengthening Tanzania’s housing finance market, while supporting sustainable economic growth.

TMRC plays a critical role in providing long-term liquidity to mortgage lenders, supporting the expansion of affordable housing finance and promoting broader financial inclusion across the country.

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Kitomari Banking & Finance Blog
Your trusted source for banking, finance, and corporate news in Tanzania

COCA-COLA KWANZA RECOGNIZED AS A TOP EMPLOYER IN TANZANIA FOR 2026

Dar es Salaam, Tanzania – 15 January 2025 – Coca-Cola Kwanza Ltd, part of the Coca-Cola Beverages Africa (CCBA) group, has been officially recognised as a Top Employer in Tanzania for 2026 by the prestigious Top Employers Institute, reaffirming the company’s strong commitment to people development, workplace excellence and inclusive growth.

The recognition places Coca-Cola Kwanza among an elite group of employers within the CCBA footprint, joining six other countries certified at national level. In addition, CCBA has once again achieved Top Employer Africa certification for 2026, marking the second consecutive year the group has received regional-level recognition.

Strong Regional and Continental Performance

CCBA’s operations in Tanzania, Ethiopia, South Africa and Uganda were all certified at country level, with each market showing improved performance compared to the previous year. The 2026 certification cycle also marked a milestone, with Botswana, Kenya and Mozambique receiving Top Employer certification for the first time.

The Top Employers Institute operates in 125 countries and regions globally and is widely regarded as the leading authority in human resources certification, benchmarking and advisory services. Organisations are assessed through a rigorous HR Best Practices Survey, which evaluates performance across six key domains:

• People Strategy
• Work Environment
• Talent Acquisition
• Learning and Development
• Diversity, Equity & Inclusion
• Employee Wellbeing

STANBIC BANK NAMED BEST BANK IN TANZANIA FOR 2025

Stanbic Bank Tanzania Head of Brand & Marketing, Ms. Neemarose Singo (third right), shortly after receiving Tanzania’s 2025 Bank of the Year award at The Banker Awards, hosted by the Financial Times, during a ceremony held recently in London, United Kingdom. She is pictured with other leaders from the Stanbic Bank Tanzania team and event organisers.

DAR ES SALAAM, Tanzania – Sunday, 11 January 2026 — Stanbic Bank Tanzania has been named Best Bank in Tanzania for 2025 by The Banker, the global banking publication of the Financial Times Group, in recognition of the Bank’s outstanding financial performance, innovation, and sustained contribution to national economic development.

The prestigious award follows a rigorous evaluation process that assessed banks across African markets, focusing on financial strength, strategic execution, innovation, and customer impact. This marks the eighth time Stanbic Bank has received the accolade, reinforcing its position as one of Tanzania’s most consistent and trusted financial institutions.

Strong Performance and National Impact

In a highly competitive banking environment, Stanbic stood out for its significant support to Tanzania’s critical economic sectors, particularly energy, infrastructure, logistics, and SME development.

By the period ending June 2025, the Bank had deployed over USD 1 billion (approximately TSh2.5 trillion) in development financing aligned with Tanzania’s industrialisation agenda. The funding supported major national infrastructure projects, including port modernisation, power grid expansion, and investments along the liquefied natural gas (LNG) value chain.

Driving Inclusive Growth and Social Impact

Beyond financial performance, The Banker also recognised Stanbic’s strong social and community impact. Through targeted Corporate Social Investment (CSI) programmes in education, health, environmental sustainability, and financial literacy, the Bank positively impacted more than 2 million Tanzanians in 2025.

The Stanbic Biashara Incubator delivered measurable results, supporting nearly 5,000 entrepreneurs with practical, market-driven training. The programme strengthened enterprise resilience, financial capability, clean-energy adoption, and regional trade participation.

Leadership Commentary

Stanbic Bank Tanzania Chief Executive, Mr. Manzi Rwegasira, said the recognition reflects both the Bank’s legacy and its future ambitions.

“As part of the Standard Bank Group, we are honoured to be named Tanzania’s Bank of the Year. This award recognises the impact of our 30-year journey in Tanzania and reaffirms our belief that Africa is our home and that we drive her growth. Over the past year, we have deployed capital into transformative energy, trade, and infrastructure projects, expanded financial access through digital solutions, and catalysed cross-border investment flows. Looking ahead, we remain committed to turning opportunity into impact across Tanzania and beyond,” he said.

NBC BANK BACKS CONSTRUCTION OF MARUHUBI PASSENGER FERRY TERMINAL IN ZANZIBAR

NBC Bank’s Director of Retail Banking, Mr. Elibariki Masuke (left), and the Managing Director of Zanzibar Ferry Development Company Limited, Mr. Jaffer Machano (right), exchange congratulatory gestures as they display a signed cooperation agreement supporting the construction of the Maruhubi (Mpiga Duru) Passenger Ferry Terminal in Zanzibar through a concessional loan from the bank. The moment was captured during the project’s foundation stone–laying ceremony, officiated by the Second Vice President of Zanzibar, Hon. Hemed Suleiman Abdullah (seated at centre).

The Second Vice President of Zanzibar, Hon. Hemed Suleiman Abdullah (seated at centre), witnesses the signing of a strategic cooperation agreement between NBC Bank’s Director of Retail Banking, Mr. Elibariki Masuke (left), and the Director of Zanzibar Ferry Development Company Limited, Mr. Jaffer Machano (right).

ZANZIBAR, January 11, 2026 — The National Bank of Commerce (NBC) has reaffirmed its commitment to supporting Zanzibar’s economic transformation through the financing of large-scale strategic infrastructure projects, following its support for the construction of the Maruhubi (Mpiga Duru) Passenger Ferry Terminal via a concessional loan facility.

Once completed, the modern terminal is expected to significantly enhance tourism, trade, and maritime transportation, further strengthening Zanzibar’s position as a regional logistics and tourism hub.

NBC, represented by its Director of Retail Banking, Mr. Elibariki Masuke, participated in the foundation stone–laying ceremony for the project on Sunday. The event was officiated by the Second Vice President of Zanzibar, Hon. Hemed Suleiman Abdullah, and attended by senior government officials and private sector stakeholders.

Strategic PPP Infrastructure Project

The Maruhubi Passenger Ferry Terminal is being developed under a Public Private Partnership (PPP) arrangement between the Zanzibar Ports Corporation and Zanzibar Ferry Development Company Limited. The project aims to decongest Malindi Port while improving efficiency in passenger movement across the Isles.

Upon completion, the terminal is projected to handle approximately 8,000 passengers per day, translating to nearly three million passengers annually.

NBC BANK EXCELS, WINS BEST EMPLOYER AWARD FOR INTERNSHIP PROGRAM

Deputy Minister in the Prime Minister’s Office – Labour, Employment and Industrial Relations, Hon. Rahma Kisuo (MP) (left), presents the Best Employer Award in the Internship Program—conferred by the Prime Minister’s Office through the Employment Services Division—to the Acting Head of the Human Resources Department at NBC Bank, Ms. Grace Mgondah, in recognition of the Bank’s outstanding efforts in providing internship opportunities and employing graduates from various universities through its structured work-experience training program. Witnessing the occasion is the Deputy Permanent Secretary of the Ministry, Ms. Zuhura Yunus (centre).

Dar es Salaam, January 10, 2026

The National Bank of Commerce (NBC) has been recognized as the Best Employer in the Internship Program, an award conferred by the Prime Minister’s Office – Labour, Employment and Industrial Relations (PMO-LEIR) through its Employment Services Division. The accolade underscores NBC Bank’s outstanding commitment to nurturing young talent by providing structured internship opportunities and absorbing graduates from various universities into permanent employment.

The award was presented in Dar es Salaam during the Employers’ Conference on the Implementation of the Work Experience (Internship) Program. It was officially handed over by the Deputy Minister, Prime Minister’s Office – Labour, Employment and Industrial Relations, Hon. Rahma Kisuo (MP). The conference brought together senior government leaders, including the Deputy Permanent Secretary of the Ministry, Ms. Zuhura Yunus, senior officials from PMO-LEIR, and representatives from multiple institutions.

NBC Bank was represented at the event by a delegation led by the Acting Head of Human Resources, Ms. Grace Mgondah.

Speaking after receiving the award, Ms. Mgondah said the recognition reflects NBC Bank’s sustained and successful implementation of the internship (work-experience) program. She revealed that over the past five years, the Bank has provided permanent employment to approximately 136 graduates who initially joined NBC through the internship pathway.

“Each year, between 800,000 and 1.2 million graduates complete their studies and enter the job market in Tanzania. One of the major challenges they face is limited practical skills and professional exposure,” she said. “Our internship program plays a vital role in bridging this gap by equipping graduates with hands-on experience, essential workplace skills, strong work ethics, and a positive professional mindset.”

CRDB BANK CEO VISITS DUBAI REPRESENTATIVE OFFICE AHEAD OF OFFICIAL LAUNCH

CRDB Bank Group Chief Executive Officer and Managing Director, Abdulmajid Nsekela (centre), exchanges greetings with CRDB Bank Dubai Country Manager and Principal Representative, Jackson Kehengu (left), during his visit to the Bank’s Dubai Representative Office as part of preparations for the official opening of the office scheduled for later this month. On the right is the Director of Corporate Affairs & Public Relations and CRDB Bank Foundation Managing Director, Tully Esther Mwambapa.

DUBAI, UAE – CRDB Bank Group Managing Director and Chief Executive Officer, Abdulmajid Nsekela, has paid an official visit to the CRDB Bank Representative Office in Dubai, United Arab Emirates, marking a significant milestone ahead of the office’s formal launch scheduled for early January 2026.

During the visit, Mr. Nsekela received a comprehensive briefing on the operational progress of the office since it commenced official activities in October 2025. The briefing was delivered by Jackson Kehengu, CRDB Bank’s Representative in Dubai, who outlined early achievements, including the establishment of strategic relationships with investors, large-scale traders, and key financial partners in the Middle East.

According to the briefing, the Dubai office has already attracted strong interest from regional stakeholders keen to explore investment and trade opportunities linked to CRDB Bank’s expanding footprint in East Africa.

Dubai as a Strategic Global Business Hub

Speaking during the visit, Mr. Nsekela described Dubai as a critical global hub for trade and investment, particularly in the post-COVID-19 era amid shifting global economic dynamics. He noted that CRDB Bank had identified a strategic opportunity to strengthen financial linkages between the United Arab Emirates (UAE) and East Africa.

“For many years, CRDB Bank has played a pivotal role in facilitating trade and investment in Tanzania and across East Africa, particularly in Burundi and the Democratic Republic of Congo,” said Mr. Nsekela. “The Dubai office is designed to further strengthen this financial bridge between the Middle East and East Africa.”

Boosting Regional Economic Integration

Mr. Nsekela emphasized that the establishment of the Dubai Representative Office represents a major milestone not only for CRDB Bank but also for Tanzania’s broader economic development and regional integration efforts. He expressed appreciation to the Government of Tanzania for policy reforms that have enabled the bank’s international expansion.

He further commended President Samia Suluhu Hassan for her economic diplomacy agenda, which has enhanced Tanzania’s investment climate and strengthened international cooperation.

The CRDB Bank CEO also extended gratitude to key institutions that supported the establishment of the office, including the Tanzania Embassy in the UAE, the Bank of Tanzania, the Dubai Financial Services Authority (DFSA), and the Dubai International Financial Centre (DIFC), where the office is located.

WAKAZI WA LINDI WAENDELEA KUSHEREHEKEA MWAKA MPYA NA MAKAPU YA VODACOM

LINDI: Wakazi wa Mkoa wa Lindi wameendelea kuupokea Mwaka Mpya kwa furaha, baada ya kampuni ya Vodacom Tanzania kuendeleza kampeni yake ya kugawa makapu ya sikukuu kwa wateja na wananchi, ikiwa ni sehemu ya kusherehekea mwanzo wa mwaka mpya pamoja na jamii.

Akizungumza wakati wa hafla hiyo, Meneja Mauzo wa Vodacom Tanzania Mkoa wa Lindi, Omary Kilumanga, alisema kampeni hiyo inalenga kuwashukuru wateja kwa uaminifu wao, sambamba na kuimarisha uhusiano kati ya kampuni na jamii inayohudumiwa.

“Vodacom inaamini katika kushirikiana na wateja wake si tu kupitia huduma za mawasiliano, bali pia katika nyakati za sherehe kama hizi za kuanza mwaka mpya. Tunafurahi kusherehekea pamoja na wakazi wa Lindi,” alisema Kilumanga.

Katika hafla hiyo, Kilumanga (kushoto) aliungana na Afisa wa Vodacom, Feruzi Mlaponi (kulia), kukabidhi makapu ya sikukuu kwa wateja mbalimbali, akiwemo Bi. Anna Milanzi (katikati), hatua iliyopokelewa kwa shukrani na furaha kubwa kutoka kwa wanufaika.

Kwa upande wake, Afisa wa Vodacom Feruzi Mlaponi (kulia) pia alionekana akikabidhi kapu la Vodacom kwa mteja wa kampuni hiyo, Said Kikotokeki (kushoto), akisisitiza kuwa kampeni hiyo ni sehemu ya dhamira ya Vodacom ya kuendelea kuwa karibu na wateja wake katika mikoa yote nchini.

DSE OPENS 2026 WITH MODEST GAINS AS DOMESTIC INVESTORS DRIVE MARKET ACTIVITY

— By Henry Lyimo, Daily News

DAR ES SALAAM: Tanzanian equities began the new year on a cautiously positive note, with the Dar es Salaam Stock Exchange (DSE) posting modest gains on Friday, January 2, supported largely by domestic investor participation and sustained demand for government securities.

The DSE All Share Index (DSEI) rose to 2,785.54 points, up from 2,761.93 points in the previous session, reflecting mild price appreciation in a limited number of actively traded stocks. Market activity remained highly concentrated, with banking and financial services counters once again absorbing the bulk of investor flows.

CRDB Bank Plc dominated trading by volume, reaffirming its position as the most liquid stock on the exchange and the primary channel for domestic equity demand. Other stocks that recorded notable activity included NICO Holdings and Swissport Tanzania, although overall volumes outside the banking sector remained subdued—underscoring the narrow breadth of the market’s advance.

Total market turnover reached Sh1.49 billion, with approximately 1.0 million shares exchanged across 2,872 deals, indicating moderate investor participation compared with recent trading sessions. Liquidity continued to be concentrated in a small number of large-cap stocks, reflecting a selective trading environment.

EACOP REACHES 79% COMPLETION, ON TRACK FOR JULY 2026 COMMISSIONING

TANGA, Tanzania — The East African Crude Oil Pipeline (EACOP) has reached a major construction milestone, attaining 79 per cent completion and remaining on course for commissioning by July 2026, government officials confirmed.

Tanzania’s Minister for Energy, Deogratius Ndejembi, announced the progress update on Monday during a high-level briefing held alongside a visiting Ugandan delegation. The US$5 billion cross-border infrastructure project is now entering its final implementation phase, with the remaining 21 per cent of works focused primarily on system integration and terminal completion on both the Tanzanian and Ugandan sides.

“Once completed, the project is expected to drive major economic growth, especially in Tanzania, where a large part of the pipeline passes. Uganda’s oil exploration and production will play a pivotal role in the country’s economic transformation,” Minister Ndejembi said.

Jobs, Capacity and Economic Impact

According to the minister, the EACOP project has already delivered substantial socio-economic benefits, including the creation of over 12,000 jobs, providing employment opportunities and skills development for citizens in Uganda, Tanzania and the wider region.

He further noted that the pipeline will have the capacity to transport 246,000 barrels of crude oil per day once operational, underscoring its strategic importance to regional energy security and export capacity. The next phase of the project, he added, will largely depend on Uganda’s readiness to commence full-scale oil production.

EACOP and Uganda’s Vision 2040

Uganda’s Minister for Energy and Mineral Development, Dr Ruth Nankabirwa, described EACOP as a cornerstone of the country’s long-term development agenda, particularly Vision 2040, which aims to expand Uganda’s economy from US$40 billion to US$500 billion.

She highlighted the oil transportation sector as a key driver of this transformation, noting that transportation costs are projected at US$12.77 per barrel, enhancing the competitiveness of Uganda’s crude exports.

“This infrastructure will benefit not only Uganda but also neighbouring Tanzania, as both nations will gain from improved oil transportation systems, strengthening regional economic integration,” Dr Nankabirwa said.

NMB YAJIVUNIA USHIRIKI NA UDHAMINI WA MATUKIO YA SHEREHE ZA MAPINDUZI ZANZIBAR

ZANZIBAR — Benki ya NMB imeendelea kuonesha dhamira yake ya kuunga mkono maendeleo ya jamii kwa kujivunia ushiriki na udhamini wake katika matukio mbalimbali yanayoambatana na Sherehe za Mapinduzi Matukufu ya Zanzibar, ikiwemo Siku ya Kitaifa ya Mazoezi.

Hayo yamebainika baada ya Serikali ya Mapinduzi Zanzibar (SMZ) kuitunuku benki hiyo Cheti cha Shukrani na Pongezi kwa kufadhili, kudhamini na kushiriki kikamilifu katika Siku ya Kitaifa ya Mazoezi. Cheti hicho kilitolewa na Rais wa Zanzibar na Mwenyekiti wa Baraza la Mapinduzi, Dk. Hussein Ali Mwinyi, kufuatia kukamilika kwa matembezi maalum yaliyoanzia Viwanja vya Mapinduzi Square Michezani hadi Uwanja wa New Amaan, ambapo mazoezi ya viungo ya pamoja yalifanyika.

Katika kufanikisha matembezi na mazoezi hayo yaliyoshirikisha zaidi ya watu 6,000 kutoka vikundi zaidi ya 170 vya mazoezi kutoka Tanzania Bara na Zanzibar, NMB ilikabidhi tracksuit 100 kwa viongozi waandamizi wa SMZ wakiongozwa na Rais Dk. Mwinyi pamoja na Makamu wa Pili wa Rais, Hemed Suleiman Abdulla.

Akihutubia washiriki wa mazoezi hayo, Rais Dk. Mwinyi aliwapongeza wadhamini wote kwa mchango wao katika kufanikisha Siku ya Kitaifa ya Mazoezi, akisisitiza kuwa mchango huo una thamani kubwa kwa ustawi wa afya za Wazanzibar. Aliwahimiza wananchi kudumisha utamaduni wa kufanya mazoezi ya viungo mara kwa mara.

“Nawashukuru wadau na wafadhili wote waliotoa michango yao katika kufanikisha bonanza hili linaloandaliwa na Wizara ya Habari, Sanaa, Utamaduni na Michezo kwa kushirikiana na Chama cha Mchezo wa Mazoezi Zanzibar (ZABESA). Mazoezi ya viungo ni muhimu kwa afya ya mwili na akili, na husaidia kukinga magonjwa yasiyoambukiza kama kisukari, shinikizo la damu na magonjwa ya moyo,” alisema Dk. Mwinyi.

Aliongeza kuwa bonanza hilo ni jukwaa muhimu la kuwakumbusha wananchi kuwa afya njema ni nyenzo ya msingi ya maendeleo ya mtu mmoja mmoja na taifa kwa ujumla, huku akisisitiza ushiriki katika michezo mbalimbali ikiwemo mpira wa miguu, kikapu, wavu, riadha na michezo ya majini.

VODACOM KANDA YA ZIWA YAGUSA MAISHA YA WATEJA KUPITIA KAMPENI YA KUGAWA MAKAPU YA SIKUKUU

Kagera, 29 Desemba 2025 — Timu ya Vodacom Tanzania Kanda ya Ziwa imeendelea kuonesha mshikamano na kuthamini uaminifu wa wateja wake kwa kusambaza upendo kupitia zoezi la kugawa Makapu ya Vodacom, ikiwa ni sehemu ya kusherehekea msimu wa sikukuu na kuhitimisha rasmi maadhimisho ya miaka 25 ya utendaji wa kampuni hiyo nchini Tanzania.

Hafla hiyo imefanyika katikati ya mwezi Desemba katika Wilaya ya Karagwe, Mkoa wa Kagera, ambapo wateja mbalimbali walipatiwa makapu yenye mahitaji ya msingi kama ishara ya shukrani na kuthamini mchango wao katika safari ya mafanikio ya Vodacom Tanzania kwa kipindi cha robo karne.

Akizungumza wakati wa tukio hilo, wawakilishi wa Vodacom Tanzania Kanda ya Ziwa walisema kuwa kampeni hiyo inalenga kuimarisha uhusiano wa karibu kati ya kampuni na wateja wake, huku ikiendeleza utamaduni wa kushiriki furaha na jamii inayoiwezesha kampuni kukua na kuendelea kutoa huduma bora za mawasiliano.

“Tunatambua kuwa mafanikio ya Vodacom Tanzania kwa kipindi cha miaka 25 yasingewezekana bila uaminifu na ushirikiano wa wateja wetu. Ndiyo maana tumeona ni muhimu kusherehekea msimu huu wa sikukuu pamoja nao na kuwashukuru kwa vitendo,” ilielezwa.

SERIKALI YA MAPINDUZI YA ZANZIBAR YAIPONGEZA NMB KWA UDHAMINI MNONO WA MAPINDUZI CUP

ZANZIBAR – Serikali ya Mapinduzi ya Zanzibar (SMZ) imeipongeza Benki ya NMB kwa kusaini mkataba mnono wa udhamini wa Mashindano ya Mapinduzi Cup, hatua iliyobadili rasmi jina la mashindano hayo na sasa kuitwa NMB Mapinduzi Cup.

Udhamini huo unaanza rasmi na mashindano ya NMB Mapinduzi Cup 2026, yatakayoshirikisha timu 10 kutoka Tanzania Bara, Zanzibar na Uganda.

Timu Zitakazoshiriki NMB Mapinduzi Cup 2026

Mashindano hayo yatashirikisha:

• Tanzania Bara: Yanga, Simba SC, Azam FC, Singida Black Stars na TRA United
• Zanzibar: Mlandege, KVZ, Fufuni FC na Muembe Makumbi City
• Timu mwalikwa: URA FC ya Uganda

Michuano hiyo inatarajiwa kufikia tamati Januari 13, siku moja baada ya kilele cha Maadhimisho ya Miaka 62 ya Mapinduzi ya Zanzibar.

SMZ Yasifu Uzalendo na Ushirikiano wa NMB

Akizungumza wakati wa hafla ya kusaini mkataba huo, Waziri wa Habari, Sanaa, Utamaduni na Michezo wa SMZ, Riziki Pembe Juma, aliishukuru Benki ya NMB kwa kuyapa hadhi na thamani mashindano hayo, akieleza kuwa udhamini huo ni kielelezo cha uzalendo na ushirikiano wa kweli kati ya sekta binafsi na Serikali.

Alisema mkataba huo ni muendelezo wa ushirikiano uliodumu kwa muda mrefu kati ya NMB na SMZ, huku Serikali ikiahidi kuudumisha kwa manufaa ya Wazanzibar na Watanzania kwa ujumla.

“NMB mmetuonesha uzalendo mkubwa kwa kukubali kusaini mkataba huu kwa niaba ya Serikali. Udhamini huu si tu kubadili taswira ya mashindano, bali ni mkubwa na mnono zaidi kuwahi kutolewa,” alisema Waziri Pembe.

Aliongeza kuwa hata tuzo za Fair Play kwa wachezaji zitakazotolewa katika hatua mbalimbali za mashindano zinaonesha dhamira ya NMB ya kuyaimarisha na kuyaongezea mvuto mashindano hayo.

HARNESSING DIGITAL SYSTEMS TO DRIVE NATIONAL REVENUE EXPANSION

How ETS, Fuel Marking and Data-Driven Tools Transformed Tanzania’s Revenue Assurance Landscape in 2025

Tanzania’s revenue performance in 2025 continues to reflect a clear strategic shift: expanding the tax base while aggressively protecting and optimising existing revenue streams through digital systems.

In the first quarter of the 2025/2026 financial year, the Tanzania Revenue Authority (TRA) collected TZS 8.97 trillion, surpassing its quarterly target by more than 6 percent and recording a 15 percent year-on-year increase compared to the same period in 2024. At the centre of this achievement is the growing role of technology-led solutions such as Electronic Tax Stamps (ETS) and the Fuel Marking Programme, which are redefining how revenue assurance is delivered.

This progress underscores a powerful reality: when tax systems become smarter, the national purse becomes stronger.

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Turning Tax Systems into Intelligence Systems

The Electronic Tax Stamps (ETS) system has evolved beyond a compliance requirement to become a real-time intelligence engine. By replacing traditional paper stamps with secure, traceable digital tax stamps, regulators can now track excisable goods seamlessly from the factory floor to retail shelves.

During the 2024/2025 financial year, TRA collected TZS 32.26 trillion, achieving 103 percent of its target and marking a 16.7 percent increase from the previous year. TRA publicly credited technology-enhanced compliance mechanisms—particularly ETS—for strengthening the integrity of excise tax collection.

The impact has been especially notable in excise duty and VAT collections on domestic excisable products, which reached record levels in 2024/2025. Since TRA announced the ETS programme in 2016, excise duty revenues on marked products have increased by 94.4 percent, highlighting the long-term value of digital enforcement.

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Safeguarding Fuel Integrity: Protecting Revenue and Transparency

Fuel marking remains a cornerstone of protecting one of Tanzania’s most sensitive revenue streams—the petroleum sector. The system safeguards against fuel adulteration, illicit trade, and tax leakages, all while promoting consumer confidence.

According to EWURA reports, compliance rates now exceed 96 percent, with billions of litres of fuel tested and validated using invisible forensic markers. These markers enable instant verification of fuel authenticity and dilution detection, ensuring that both government revenues and consumers are protected.

AIRTEL EXPANDS NETWORK COVERAGE WITH FIVE NEW COMMUNICATION TOWERS ACROSS TANZANIA

Dar es Salaam, December 22, 2025 — Airtel Tanzania has continued to strengthen its footprint across the country by officially launching five new communication towers in the regions of Kigoma, Singida, Kilimanjaro, Geita, and Morogoro. The initiative is part of the company’s ongoing strategy to expand network coverage and improve access to reliable communication services for Tanzanians in both urban and rural areas.

Speaking during the launch in Kigoma, the Regional Manager, Mr. Issack Kijuu, noted that residents in some villages had long struggled to communicate with their relatives due to weak or completely unavailable network signals, particularly in low-lying areas.

“There have been times when villagers could not communicate at all. The construction of this tower is a major relief, and we sincerely appreciate Airtel for bringing this vital infrastructure to our community,” he said.

Boosting Connectivity in Central and Lake Zones

Addressing residents in Singida, the Central Zone Airtel Marketing Manager, Mr. Salum Ngururu, emphasized the importance of communication in driving social and economic development.

“We all recognize how essential communication is in our society. Airtel has therefore decided to expand its coverage to reach our brothers and sisters here in Singida. This tower will enable access to Airtel services such as voice calls, mobile money transactions, and high-speed 4G and 5G internet,” he explained.

In the Lake Zone, Airtel Manager Mr. Joseph Mushi told residents of Nyarututu Village in Bwanga Ward, Geita Region, that growing demand for communication—driven largely by digital transformation—has compelled Airtel to invest in areas that previously lacked reliable communication infrastructure.

“As digital growth continues, Airtel is expanding its network to underserved areas, just as we have done here in Geita, to ensure communities are not left behind,” he said.

VODACOM YAENDELEA KUGAWA MAKAPU YA SIKUKUU MOSHI, YAADHIMISHA MIAKA 25 YA HUDUMA NCHINI

Moshi, Kilimanjaro – Kampuni ya mawasiliano ya Vodacom Tanzania imeendelea kuwagusa na kuwashukuru wateja wake kupitia kampeni maalum ya kugawa makapu ya sikukuu, ikiwa ni sehemu ya kuimarisha mahusiano na wateja wake katika msimu huu wa sikukuu.

Katika tukio lililofanyika jana mjini Moshi, Meneja Mauzo wa Vodacom wilaya ya Hai, Gallus Massama, alikabidhi kapu la sikukuu kwa mkazi wa Njoro mjini Moshi, Asia Iddy Kasimu, kama ishara ya shukrani na kuthamini uaminifu wa wateja kwa kampuni hiyo.

Kampeni hiyo ya kugawa makapu imekuwa ikiendelea katika mikoa mbalimbali nchini, ikilenga kusherehekea pamoja na wateja na kurejesha kwa jamii inayotumia huduma za Vodacom kila siku. Tukio la Moshi limekuwa sehemu muhimu ya juhudi hizo, likiwakutanisha wateja na wawakilishi wa kampuni katika mazingira ya furaha na mshikamano.

Mbali na kusherehekea msimu wa sikukuu, hafla hiyo pia imeandaliwa ikiwa ni sehemu ya hitimisho la maadhimisho ya miaka 25 ya Vodacom Tanzania tangu kuanza shughuli zake nchini. Katika kipindi hicho chote, Vodacom imeendelea kuwa mdau muhimu katika maendeleo ya sekta ya mawasiliano, uchumi wa kidijitali na huduma jumuishi kwa Watanzania.

AIRTEL EXPANDS COMMUNICATION NETWORK WITH FIVE NEW TOWERS ACROSS TANZANIA

Managing Director of Airtel Tanzania, Charles Kamoto (center, wearing a blue T-shirt), officially launches a new telecommunications tower in Kimanzichana Village, Mkuranga, together with Baki Mipiko (center), the Representative of the Ward Councillor for Kimanzichana. Pictured from left to right: Santosh Kumar Singh, Airtel Director of Sales and Distribution and Lusajo Venance Mwakapeje, Coastal Zonal Business Manager.

Dar es Salaam, December 2025 — Airtel Tanzania has officially commissioned five new communication towers in a major step toward expanding network coverage and enhancing digital connectivity across the country. The newly launched towers are located in Mkuranga (Kimanzichana), Kilimanjaro, Dodoma (Kizota), Karatu, and Simiyu, targeting both urban and underserved rural communities.

The expansion forms part of Airtel’s broader strategy to strengthen communication infrastructure and ensure more Tanzanians can access reliable voice, data, and mobile money services.

Speaking during the launch in Dodoma, Airtel Dodoma Regional Manager, Mr. Salum Ngururu, emphasized the critical role of communication in social and economic development.

“We all recognize the importance of communication in our society. Airtel has therefore decided to expand its coverage to reach our brothers and sisters living here in Kizota, Dodoma. This tower will make it easier for residents to access Airtel services such as voice calls, money transfers, and high-speed 4G and 5G internet,”said Mr. Ngururu.

In Mkuranga, Kimanzichana Regional Manager, Mr. Lusajo Mwakapeje, noted that residents had long faced challenges in communicating with relatives and business partners due to weak or nonexistent network coverage in the lowland areas. He expressed appreciation to Airtel for investing in a tower that will significantly improve connectivity and daily communication.

Similarly, Airtel Karatu Regional Manager, Mr. Kephar Kileo, highlighted the growing demand for communication services driven by digital transformation.

“As communication needs continue to rise, Airtel is expanding its network by constructing towers in areas previously without reliable infrastructure, as was the case here in Karatu,” he said.

The newly commissioned towers are expected to unlock economic opportunities for youth, women, and entrepreneurs, particularly in regions where agriculture and livestock keeping dominate local economies. Improved connectivity will help farmers and traders access markets, link producers with buyers, and support the growth of digital financial services.

A MESSAGE OF GRATITUDE, IMPACT AND FORWARD MOMENTUM FROM STANBIC BANK TANZANIA

As we bring 2025 to a close, I would like to extend my sincere appreciation to our clients, partners and friends for the trust and confidence you continue to place in Stanbic Bank. Your support has been central to our progress, and we remain deeply honoured by the opportunity to serve you.

This year marked a significant milestone for Stanbic Bank as we celebrated 30 years of service in Tanzania. For three decades, we have walked alongside our clients through changing economic landscapes, growing ambitions and expanding global connections. Throughout this journey, our purpose has remained clear—to contribute meaningfully to national development while helping our clients navigate an increasingly interconnected world.

At Stanbic Bank, Tanzania is our home, and we are firmly committed to driving her growth. In 2025, we delivered on this commitment through tangible action and measurable impact across key sectors.

Delivering Impact Where It Matters Most

Through targeted Corporate Social Investment initiatives in education, health, environmental sustainability and financial literacy, we positively impacted more than one million Tanzanians across the country. These efforts reflect our belief that sustainable growth is built on empowered and resilient communities.

Empowering Entrepreneurs and MSMEs

Entrepreneurship remains a cornerstone of inclusive economic growth. In 2025, the Stanbic Biashara Incubator reached close to 5,000 entrepreneurs, delivering practical, market-relevant support that strengthened financial capability, enterprise resilience, clean-energy adoption and regional trade participation.

Supporting National Development Priorities

Aligned with our purpose and the Government’s Vision 2050, we financed large-scale strategic projects in infrastructure, energy and other critical sectors. These investments, supported by strong partnerships, are designed to unlock long-term national value and accelerate Tanzania’s development agenda.

AKIBA COMMERCIAL BANK DONATES MEDICAL ITEMS TO MWANANYAMALA GOVERNMENT HOSPITAL

Dar es Salaam, 22 December 2025 – Akiba Commercial Bank Plc (ACB) has donated essential medical items to Mwananyamala Government Hospital as part of its end-of-year festive season initiatives aimed at supporting communities and strengthening public healthcare services.

Speaking during the handover ceremony, the Head of Marketing and Communications at Akiba Commercial Bank, Dora Saria, reaffirmed the Bank’s commitment to giving back to society and supporting institutions that play a critical role in safeguarding the health and wellbeing of communities. She noted that the donation reflects ACB’s strong corporate citizenship values and its continued efforts to create a positive and lasting impact within the society it serves.

“Healthcare is a key pillar of our corporate citizenship agenda. Through initiatives such as this, we aim to support healthcare providers in delivering quality services while contributing to improved community wellbeing, especially during the festive season,” said Saria.

VODACOM TANZANIA YAENDELEA KUGAWA MAKAPU YA ZAWADI KWA WATEJA WAKE

Meneja wa Mauzo Mwandamizi wa Vodacom Tanzania Kanda ya Dar es Salaam na Pwani, George Nyanda (wa kwanza kushoto), Meneja wa Eneo la Kinondoni, Yusuph Mngagi (wa pili kushoto), pamoja na Meneja wa Eneo la Dar es Salaam Mjini Kati, Makola Magongo (wa kwanza kulia), wakimkabidhi kapu la sikukuu mteja wao Dhahabu Halisi (wa pili kulia). Hafla hiyo ni sehemu ya muendelezo wa kampeni ya “Tupo Nawe Tena na Tena” inayolenga kugawa makapu ya zawadi kwa wateja katika msimu huu wa sikukuu.

Dar es Salaam – Vodacom Tanzania imeendelea kudhihirisha ukaribu wake na wateja kwa kuendeleza zoezi la kugawa makapu ya zawadi za sikukuu, ikiwa ni sehemu ya kampeni maalum ya kuwashukuru wateja wake huku ikiadhimisha miaka 25 ya kuwahudumia Watanzania.

Zoezi hilo lilifanyika mwishoni mwa wiki jijini Dar es Salaam, ambapo wateja mbalimbali walipokea makapu ya vyakula kama ishara ya shukrani na kuthamini mchango wao kwa kampuni hiyo katika kipindi cha miaka mingi.

Akizungumza wakati wa utoaji wa zawadi hizo, Meneja wa Vodacom Kariakoo, Charles Makola, alisema kampeni hiyo ni sehemu ya utamaduni wa Vodacom wa kusherehekea msimu wa sikukuu pamoja na wateja wake kila mwaka.

“Katika msimu huu wa sikukuu, tumeamua kuwapa wateja wetu makapu ya vyakula kama ishara ya kuwashukuru kwa kuendelea kuwa nasi. Ni utamaduni wetu kila mwisho wa mwaka kuwathamini wateja wetu, lakini mwaka huu tumekuwa na utofauti kwa kuwapatia makapu yaliyojaa vyakula muhimu,” alisema Makola.

Aliongeza kuwa makapu hayo yamejaa vyakula mbalimbali ikiwemo mchele, kitoweo na nyama, yakilenga kusaidia wateja kusherehekea sikukuu kwa furaha zaidi.

“Mwaka huu ni wa kipekee kwetu kwani Vodacom Tanzania imetimiza miaka 25 tangu kuanza kuwahudumia wateja wake. Zaidi ya makapu 600 yanagawiwa nchi nzima, na leo tupo hapa katika Soko la Machinga Complex kuwapatia wateja wetu zawadi hizi,” aliongeza.

VODACOM YAGUSA MIOYO YA WATEJA NJOMBE KUPITIA KAMPENI YA “TUPO NAWE TENA NA TENA”

Njombe, Tanzania – Katika kuendeleza ukaribu wake na wateja pamoja na kusherehekea msimu wa sikukuu, Vodacom Tanzania imeendelea kuwagusa wateja wake kupitia kampeni maalum ya “Tupo Nawe Tena na Tena”, inayolenga kugawa makapu ya sikukuu kwa wateja katika mikoa mbalimbali nchini.

Hivi karibuni, kampeni hiyo ilifika mkoani Njombe ambapo Meneja Mauzo wa Vodacom Njombe, Malika Malika, alimkabidhi kapu la sikukuu mmoja wa wateja waaminifu wa Vodacom, Dickson Mhapu, kama ishara ya kuthamini mchango na uaminifu wao kwa kampuni hiyo ya mawasiliano.

Tukio hilo lilishuhudiwa na Msimamizi wa Mauzo wa Vodacom eneo la Ilembula, Anania Kiwanga, pamoja na wateja na wadau mbalimbali wa Vodacom, na kufanyika mwishoni mwa wiki katika mji wa Njombe.

Akizungumza wakati wa hafla hiyo, Malika Malika alisema kampeni ya “Tupo Nawe Tena na Tena” ni sehemu ya dhamira ya Vodacom ya kuwa karibu na wateja wake, hasa katika kipindi cha sikukuu ambapo mshikamano na kushirikiana ni muhimu zaidi.

“Tunathamini sana mchango wa wateja wetu katika safari ya Vodacom. Kupitia kampeni hii, tunasherehekea pamoja nao na kuwashukuru kwa kutuamini kwa miaka mingi,” alisema Malika.

SBL NA BOLT WASHIRIKIANA KUWEZESHA SHEREHE SALAMA KWA WATANZANIA MSIMU WA SIKUKUU

Dar es Salaam, Tanzania | 17 Disemba 2025

Msimu wa sikukuu unapowadia, furaha huongezeka, safari huongezeka na usiku kuwa mrefu zaidi. Lakini katikati ya shangwe hizo, Kampuni ya Bia ya Serengeti (SBL) kwa kushirikiana na Bolt wamekuja na ujumbe mmoja muhimu: sherehe salama, nyumbani salama.

Kupitia ushirikiano maalum uliozinduliwa jijini Dar es Salaam, kampuni hizi mbili zinawahamasisha Watanzania kufanya maamuzi sahihi baada ya kusherehekea—hasa pale inapofika suala la usafiri—kwa lengo la kupunguza ajali za barabarani zinazotokana na kuendesha gari ukiwa umelewa.

Ushirikiano Unaounganisha Uwajibikaji na Urahisi wa Usafiri

Mpango huu unaunganisha kampeni ya unywaji wa kuwajibika ya SBL ijulikanayo kama Wrong Side of the Road (WSOTR) na huduma za usafiri za Bolt, ili kuhakikisha usafiri salama unapatikana kwa urahisi zaidi wakati wa msimu wenye msongamano mkubwa wa magari barabarani.

Ushirikiano huu utaendeshwa katika kipindi chote cha sikukuu, ukiwalenga Watanzania wanaopenda kusherehekea bila kuhatarisha usalama wao na wa wengine barabarani.

Disemba na Changamoto za Usalama Barabarani

Kwa kawaida, mwezi wa Disemba ni miongoni mwa miezi yenye shughuli nyingi zaidi barabarani nchini. Safari za likizo, mikusanyiko ya kijamii na matumizi ya pombe huongezeka kwa kasi—hali ambayo mara nyingi huchangia ongezeko la ajali za barabarani.

Kupitia ushirikiano huu, SBL na Bolt wanalenga kukabiliana na changamoto hiyo kwa kutoa suluhisho linalochanganya elimu, motisha na urahisi wa kupata usafiri salama.

WSOTR: Kampeni Inayoendelea Kuokoa Maisha

Ushirikiano huu ni sehemu ya kampeni endelevu ya Wrong Side of the Road ya SBL, iliyoanzishwa mwaka 2023 chini ya kaulimbiu Inawezekana, kuboreshwa mwaka 2024 kuwa Inawezekana kuwa mtu makini, na kuendelea mwaka 2025 chini ya ujumbe wenye nguvu:

STANBIC YATOA VIFAA TIBA VYENYE THAMANI YA SH. MILIONI 19.9 TAASISI YA MOYO MUHIMBILI

Meneja wa Benki ya Stanbic Kanda ya Dar es Salaam, Bi. Edditrice Marco (wapili kushoto), akimkabidhi Mkurugenzi wa Taasisi ya Moyo ya Hospitali ya Taifa Muhimbili, Dkt. Tatizo Waane, vifaa tiba vyenye thamani ya shilingi milioni 19.9 kutoka Benki ya Stanbic, ikiwa ni sehemu ya utekelezaji wa mpango wa Uwajibikaji kwa Jamii (CSI). Wengine ni Mkurugenzi wa Uuguzi wa hospitali hiyo, Bw. Robert Mallya (kulia), na Kaimu Meneja wa Tawi la Kariakoo la Benki ya Stanbic, Bi. Grace Obadia (kushoto).

Dar es Salaam — Katika kuendelea kuunga mkono juhudi za Serikali katika kuboresha sekta ya afya nchini, Benki ya Stanbic Tanzania imetoa vifaa tiba vyenye thamani ya shilingi milioni 19.9 kwa Taasisi ya Moyo ya Hospitali ya Taifa Muhimbili (MNH), hatua inayolenga kuongeza ufanisi wa utoaji wa huduma za afya kwa wananchi.

Vifaa hivyo vilikabidhiwa rasmi na Meneja wa Benki ya Stanbic Kanda ya Dar es Salaam, Bi. Edditrice Marco, kwa Mkurugenzi wa Taasisi ya Moyo ya Muhimbili, Dkt. Tatizo Waane. Akizungumza wakati wa hafla ya makabidhiano, Bi. Edditrice alisema msaada huo umetolewa kupitia mpango wa Uwajibikaji kwa Jamii wa Benki (Corporate Social Investment – CSI), ikiwa ni sehemu ya maadhimisho ya miaka 30 tangu benki hiyo kuanza kutoa huduma zake nchini Tanzania.

“Tunatambua mchango mkubwa wa sekta ya afya katika ustawi wa jamii. Kupitia msaada huu, tunalenga kuboresha huduma kwa wagonjwa na kuwawezesha watoa huduma za afya kufanya kazi kwa ufanisi zaidi. Hii ni moja ya njia ambazo Benki ya Stanbic inazitumia kusherehekea miaka 30 ya kukua pamoja na Watanzania,” alisema Bi. Edditrice.

NMB YAJA NA MABORESHO MAKUBWA YA HUDUMA KWA MAKANDARASI WA ZANZIBAR

Zanzibar — Katika jitihada za kuendelea kuimarisha sekta ya ujenzi visiwani Zanzibar, Benki ya NMB Plc imezindua maboresho makubwa ya masuluhisho ya kifedha yaliyobuniwa mahsusi kwa ajili ya makandarasi. Hatua hii inalenga kuyawezesha makampuni ya ndani kushiriki na kutekeleza miradi mikubwa zaidi, sambamba na kuchochea ukuaji wa uchumi wa Zanzibar.

Uzinduzi wa maboresho hayo ulifanyika katika Hoteli ya Verde, Zanzibar, na kuhudhuriwa na viongozi wakuu wa serikali, wadau wa sekta ya ujenzi, pamoja na makandarasi kutoka Unguja na Pemba. Mgeni Rasmi katika hafla hiyo alikuwa Waziri wa Ujenzi na Uchukuzi, Mheshimiwa Dkt. Khalid Salum Mohamed, huku ujumbe wa Benki ya NMB ukiongozwa na Afisa Mkuu wa Wateja Binafsi na Biashara, Bw. Filbert Mponzi.

Serikali Yapongeza Hatua ya NMB

Akizungumza katika hafla hiyo, Waziri wa Ujenzi na Uchukuzi, Mheshimiwa Dkt. Khalid Salum Mohamed, aliipongeza Benki ya NMB kwa kuja na mpango alioueleza kuwa wa wakati muafaka na wenye mchango mkubwa katika maendeleo ya Zanzibar.

“Hii siyo tu ishara ya nia njema, bali ni uwekezaji wa kimkakati katika msingi wa maendeleo yetu ya kitaifa. Serikali ina kila sababu ya kuipongeza Benki ya NMB kwa maboresho haya,” alisema Dkt. Khalid.

NMB BANK UNVEILS MAJOR FINANCIAL BOOST FOR ZANZIBAR CONTRACTORS

Zanzibar – In a significant boost to Zanzibar’s fast-growing construction sector, NMB Bank Plc has unveiled a comprehensive suite of enhanced banking solutions tailored specifically for contractors. The initiative is aimed at empowering local firms to undertake larger, more complex projects and play a stronger role in the island’s economic development.

The landmark announcement was made during a high-profile event held at Hotel Verde, Zanzibar, which brought together senior government officials, industry leaders, and contractors from across the archipelago.

Government Endorsement Underscores Strategic Importance

The event was graced by the Minister of Works and Transport, Hon. Dr. Khalid Salum Mohamed, who served as the Guest of Honor, underscoring the government’s strong commitment to building a robust, self-reliant construction industry. Leading the NMB delegation was the Chief of Retail Banking, Mr. Filbert Mponzi, who outlined the bank’s transformative support measures.

Addressing the gathering, Minister Mohamed commended NMB for introducing what he described as a timely and impactful initiative critical to Zanzibar’s development agenda.

“This is not merely a gesture of goodwill; it is a strategic investment in the very fabric of our national progress,” said Minister Mohamed, emphasizing that the construction sector remains a fundamental pillar of national development.

He further urged local contractors to seize the opportunities presented by NMB’s enhanced services, noting that improved access to financial guarantees would enable them to compete more effectively for large-scale projects traditionally dominated by foreign firms.

“These guarantees will empower you to compete for larger tenders which, for too long, have been dominated by foreign entities,” the Minister appealed, echoing President Dr. Hussein Mwinyi’s calls to strengthen local capacity and participation in strategic national projects.

NMB’s Commitment to Empowering Local Contractors

In his welcoming remarks, Mr. Filbert Mponzi reaffirmed NMB’s dedication to supporting the growth and competitiveness of local contractors. He noted that the new enhancements were informed by extensive research into the financial constraints that often limit contractors’ ability to secure major tenders.

“We recognized that access to financing and guarantees is often the primary hurdle preventing talented local contractors from winning significant projects. Today, we are changing that narrative,” Mponzi stated.