HOW STANBIC BANK USES PAYMENTS DATA TO TRACK TANZANIA’S ECONOMIC MOMENTUM

Behind the daily headlines on growth, inflation and trade balances, a quieter yet increasingly powerful set of indicators is reshaping how we understand Tanzania’s economy. Payments and collections data—once relegated to back-office banking functions—has evolved into a real-time lens on economic activity, offering granular insights into who is transacting, at what scale, through which channels, and with what level of confidence in the financial system.

At the center of this shift is Stanbic Bank Tanzania, which is leveraging transactional data to map the country’s economic trajectory with increasing precision.

A Shift from Volume to Value

Between 2024 and 2025, recorded payments increased modestly in volume from approximately 490,000 to 523,000 transactions—representing a 6.7 percent rise. However, the total value of these transactions surged from Sh4.8 trillion to Sh7.2 trillion, marking nearly 50 percent growth.

This divergence between volume and value is more than just a statistical anomaly—it signals a structural shift.

“This pattern suggests the economy is not simply getting busier but maturing,” said Nelson Swai, Head of Information Technology at Stanbic Bank Tanzania. “We are seeing a transition toward higher-value, more institutional transactions alongside deeper adoption of digital payment channels.”

Traditionally, increases in transaction volumes have been driven by retail activity—frequent, low-value payments tied to everyday consumption. While this remains an important component, the faster growth in transaction value points to rising corporate, government, and cross-border financial activity.

“When transaction values rise faster than volumes, it typically indicates that businesses and institutions are settling larger obligations digitally,” Swai added. “That reflects growing trust in the resilience, security, and reliability of payment systems.”

BENKI YA EXIM YAINGIA UBIA NA THE VOICE TZ KUIMARISHA MALIPO YA KIDIJITALI TANZANIA

Dar es Salaam, Tanzania – Aprili 1, 2026 — Kadiri mahitaji ya malipo ya kidijitali yanavyozidi kuongezeka nchini, Benki ya Exim Tanzania imechukua hatua nyingine muhimu kwa kuingia katika ubia wa kimkakati na The Voice TZ, moja ya maeneo maarufu ya burudani na huduma za chakula, kwa lengo la kuimarisha matumizi ya malipo yasiyotumia fedha taslimu.

Ushirikiano huu unakuja wakati muafaka, hasa kuelekea msimu wa sikukuu ambapo wateja wengi hutafuta njia za malipo zilizo rahisi, salama na zenye ufanisi wanapofurahia huduma za burudani na chakula.

Kupitia makubaliano haya, wateja wa The Voice TZ sasa wanaweza kulipia huduma kwa kutumia kadi za Benki ya Exim au huduma ya Lipa ChapChap, hatua inayopunguza utegemezi wa fedha taslimu na kuongeza kasi ya miamala. Malipo haya yanahakikishwa kuwa ya haraka, salama na yenye uwazi, huku wateja wakinufaika na punguzo la asilimia 10 wanapotumia kadi za Exim.

Mbali na urahisi huo, mfumo huu umeboreshwa kuhakikisha uthibitisho wa malipo unafanyika papo hapo, na endapo changamoto itatokea, marejesho yanafanyika kwa haraka. Wateja pia hupokea risiti kupitia ujumbe mfupi wa simu (SMS) au nakala ya karatasi, jambo linaloongeza uwazi na uaminifu katika miamala.

Akizungumzia ushirikiano huo, Mkuu wa Huduma za Wateja Binafsi wa Benki ya Exim Tanzania, Andrew Lyimo, alisema hatua hiyo inalenga kuongeza thamani kwa wateja:

“Ushirikiano huu na The Voice TZ unalenga kurahisisha maisha ya wateja wetu na kuboresha uzoefu wao. Katika kipindi cha sikukuu, wateja wataweza kufurahia huduma bila usumbufu wa kubeba fedha taslimu au ucheleweshaji wa malipo.”

Kwa upande wake, Mkuu wa Masoko na Mawasiliano wa Benki ya Exim Tanzania, Stanley Kafu, alisisitiza dhamira ya benki kuweka mteja mbele:

“Tunazingatia kutoa suluhisho zinazomlenga mteja moja kwa moja. Kupitia huduma za ‘tap and go’, marejesho ya haraka na uwazi wa gharama, tunalenga kujenga imani zaidi katika matumizi ya malipo ya kidijitali.”

STANBIC BANK BOOSTS INSURANCE AWARENESS WITH MWANZA STREET CLINIC INITIATIVE

Janeth Mbaruku, Bancassurance Manager at Stanbic Bank Tanzania, engages with an entrepreneur during an insurance education clinic held on the streets of Mwanza. The initiative aims to increase public awareness of financial protection and risk management, educating citizens and business owners on the importance of insurance in safeguarding their assets and health.

Mwanza, Tanzania — Stanbic Bank Tanzania has intensified its efforts to promote insurance literacy, bringing an interactive insurance awareness clinic directly to the streets of Mwanza as part of a broader strategy to strengthen financial protection and resilience among Tanzanians.

Held outside the bank’s Nyerere Road branch, the outreach initiative brought insurance education closer to the public, attracting small business owners, professionals, and everyday citizens eager to better understand how insurance can safeguard their health, businesses, property, and overall financial well-being.

The activation underscores Stanbic’s evolving role—not just as a financial services provider, but as a key advocate for improved risk management awareness and the practical relevance of insurance in daily life.

Speaking during the clinic, Janeth Mbaruku, Manager Bancassurance at Stanbic Bank Tanzania, highlighted the persistent gap in public understanding of insurance despite its critical importance.

“Many people still see insurance as something complicated, expensive, or only necessary after something has gone wrong. What we are doing through this clinic is helping people understand that insurance is part of being financially prepared and protecting what matters most,” she said.

 

Mbaruku noted that the Mwanza activation builds on a growing awareness campaign, following a similar engagement conducted in Tanga last year.

“This is a continuation of a conversation we started earlier, and we want to keep taking it to more communities. What we saw in Tanga, and now again in Mwanza, is that there is real interest from people who simply need the right information explained in a practical and relatable way,” she added.

VODACOM TANZANIA INVESTS $28 MILLION TO UPGRADE M-PESA PLATFORM

The Vodacom Tanzania team is pictured together after completing an upgrade of the M-Pesa service to a new, advanced Fintech 2.0 system. This upgraded platform is designed to enhance transaction speed and efficiency, capable of processing up to 1,000 transactions per second with improved reliability. The event took place on 2 April 2026, at Vodacom Tanzania’s headquarters in Dar es Salaam.

The major investment sets a new benchmark for reliability, security, and customer experience in digital finance

Dar es Salaam, April 2, 2026 — Vodacom Tanzania has announced the successful transformation of its M-Pesa platform following a $28 million strategic investment, marking one of the most significant fintech infrastructure upgrades in the country’s history.

The move transitions M-Pesa from its legacy G2 system to a next-generation financial technology platform built for scale, resilience, and innovation. This upgrade positions Vodacom to meet the rapidly growing demand for secure and seamless digital financial services across Tanzania.

“This investment is about futureproofing one of Tanzania’s most important financial platforms. We are strengthening the foundation of M-Pesa to ensure it remains secure, reliable, and ready to support innovation at scale. Our customers deserve a platform that evolves with their needs—faster, stronger, and more resilient,” said Philip Besiimire, CEO of Vodacom Tanzania.

Enhanced Experience for Customers

For customers, the modernized platform delivers improved reliability and significantly reduced service interruptions. Its advanced architecture ensures that routine maintenance or system enhancements result in minimal downtime—reduced from hours to minutes—safeguarding the continuity of everyday financial transactions.

Enhanced security layers further protect customer data and transactions, reinforcing trust in mobile money services and strengthening confidence in digital financial ecosystems.

Greater Value for Agents and Businesses

For agents, merchants, and enterprise partners, the upgrade introduces increased transactional capacity, detailed reporting tools, and more transparent service management. Businesses can now rely on improved system performance and enhanced reporting capabilities, enabling better planning, reconciliation, and customer service delivery.

SERENGETI APPLE YAWAKUTANISHA WADAU KUELEKEA UZINDUZI UNAOSUBIRIWA KWA HAMU

Dar es Salaam, Tanzania — Kampuni ya Serengeti Breweries Limited (SBL) imewakutanisha wadau kutoka tasnia mbalimbali ikiwemo ulimbwende, mavazi, ubunifu, ujasiriamali na taaluma nyingine katika mkakati maalum unaolenga kujiandaa kwa uzinduzi mkubwa wa kinywaji chake kipya, Serengeti Premium Apple, kinachozalishwa hapa nchini.

 

Kikao hicho kilifanyika katika mgahawa wa hadhi ya juu wa Upper Deck jijini Dar es Salaam, ikiwa ni sehemu ya utaratibu wa SBL wa kuhakikisha wadau muhimu wanaelewa kwa kina mwelekeo wa chapa kabla ya uzinduzi rasmi. Kupitia jukwaa hilo, washiriki walipata maelezo ya kina kuhusu historia ya chapa, nafasi yake sokoni, pamoja na maono ya Serengeti Premium Apple na kile inachowakilisha kwa mlaji wa kisasa wa Kitanzania.

Akizungumza wakati wa kikao hicho, Wema Mugofwa alieleza kuwa bidhaa hiyo mpya inaashiria hatua nyingine muhimu katika safari ya ubunifu wa kampuni hiyo:

“Serengeti Premium Apple ni ishara mpya ya dhamira yetu ya kuendeleza ubunifu na ubora wa bidhaa zinazozalishwa hapa nchini. Kama kinywaji chenye ladha ya kipekee na hadhi ya juu kilichotengenezwa Tanzania, kinaakisi mabadiliko ya ladha na mahitaji ya wateja wa kisasa wanaothamini ubora, mtindo wa maisha na uhalisia wa mazingira wanayoishi. Tunapojiandaa kwa uzinduzi rasmi, tunafurahia kushirikiana na wabunifu wa maudhui watakaosaidia kusimulia hadithi hii kwa njia halisi na yenye kuvutia,” alisema.

 

BENKI YA KCB YASHIRIKIANA NA MIXX BY YAS KUTOA MIKOPO YA KIDIGITALI KWA MAWAKALA

Mkurugenzi Mtendaji wa KCB Bank Tanzania (kushoto), Cosmas Kimario, na Afisa Mtendaji Mkuu wa Mixx by Yas, Angelica Pesha (kulia), wakiwa kwenye uzinduzi huo.

Dar es Salaam, 31 Machi 2026 – Benki ya KCB Tanzania imezindua rasmi ushirikiano wa kimkakati na Mixx by Yas unaolenga kutoa mikopo ya kidigitali kwa mawakala, hatua inayotarajiwa kubadilisha tasnia ya huduma za kifedha na kupanua upatikanaji wake nchini kote. Uzinduzi huo umefanyika katika makao makuu ya benki hiyo jijini Dar es Salaam.

Ushirikiano huu unaunganisha nguvu ya kifedha ya KCB pamoja na mtandao mpana wa mawakala wa Mixx by Yas wenye zaidi ya wanachama 200,000. Kupitia muunganiko huu, taasisi hizi mbili zinajenga mfumo thabiti unaolenga kuwafikia Watanzania wengi zaidi, hasa katika maeneo ambayo huduma za kifedha bado hazijafika kwa kiwango kinachohitajika.

Kiini cha ushirikiano huu ni uzinduzi wa huduma ya Bustisha Wakala, suluhisho la mkopo wa muda mfupi (overdraft) lililobuniwa kuwapatia mawakala ukwasi wa haraka na wa uhakika. Hatua hii inalenga kuondoa changamoto za upungufu wa fedha taslimu ambazo kwa muda mrefu zimekuwa zikikwamisha utoaji wa huduma kwa wateja.

Akizungumza wakati wa uzinduzi huo, Mkurugenzi Mtendaji wa KCB Bank Tanzania, Cosmas Kimario, alisema:

“Mawakala ni zaidi ya watoa huduma—wao ni daraja muhimu linalounganisha mamilioni ya Watanzania na huduma za kifedha. Kupitia Bustisha Wakala, tunawapa uwezo wa kupata fedha pindi wanapozihitaji, tukihakikisha huduma zisizokatika na fursa endelevu za kiuchumi.”

 

Tangu kuanza kwa majaribio ya huduma hii tarehe 27 Februari 2026, zaidi ya mawakala 7,000 tayari wamefaidika na mpango huo. KCB ina matarajio ya kuona huduma hii ikikua kwa kasi kupitia mtandao wa Mixx by Yas, hatua itakayochochea zaidi ushirikishwaji wa kifedha na kukuza biashara ndogo ndogo nchini.

Kwa upande wake, Afisa Mtendaji Mkuu wa Mixx by Yas, Angelica Pesha, alieleza kuwa uwezeshaji wa mawakala ni msingi wa mafanikio ya mfumo wa kifedha wa kidigitali:

“Tunapowawezesha mawakala wetu kupata mikopo ya papo hapo, tunaimarisha uwezo wao wa kuhudumia wateja, kuongeza uaminifu, na kukuza biashara zao. Bustisha Wakala si bidhaa tu bali ni kichocheo cha ustahimilivu wa kiuchumi na fursa katika ngazi ya chini.”

TANZANIA BREWERIES PLC DRIVES IMPACT THROUGH KILIMANJARO MARATHON 2026

The roads of Moshi came alive once again as thousands of runners, supporters, and spectators gathered beneath the shadow of Mount Kilimanjaro for the 2026 edition of the Kilimanjaro Marathon. What began over two decades ago as a race has evolved into one of Tanzania’s most influential national platforms—bringing together sport, tourism, culture, and community in a way few events can.

This year’s marathon attracted strong participation from across Tanzania and around the world, reinforcing its position as a premier sports tourism event. From elite athletes to first-time runners, the event created a shared experience that extended far beyond the finish line. It was not just about competition—it was about participation, connection, and national pride.

At the centre of this long-standing success is Tanzania Breweries Public Limited Company through its flagship brand Kilimanjaro Lager, which has consistently supported the marathon over the years. This enduring partnership has played a defining role in shaping the event into a platform that delivers both social and economic value.

Driving Local Economic Growth

The marathon continues to generate tangible impact for the local economy. Hotels filled up, transport services expanded, and local vendors experienced increased business as visitors arrived in Moshi. For many small enterprises, marathon weekend remains one of the most important periods of the year.

This ripple effect highlights the event’s role in supporting livelihoods and strengthening the local economy—demonstrating how large-scale events can drive inclusive economic participation.

Elevating Tanzania’s Global Profile

Beyond economic activity, the marathon strengthens Tanzania’s visibility on the global stage. International participants and growing media coverage continue to position the country as a destination offering not only natural beauty but also well-organised, world-class experiences.

The Kilimanjaro region, in particular, benefits significantly from this exposure, reinforcing its status as a hub for tourism and adventure.

WOMEN LEADERS GATHER IN DAR ES SALAAM TO BUILD WEALTH AND CLAIM THEIR FINANCIAL POWER

Head of Corporate & Investment Banking at Stanbic Bank Tanzania, Ester Manase (right), speaking recently with Co-Director of Studiored Communications (SRC), Dr. Doris Rwebangira, on the topic “How Women Can Invest with Confidence” during the Women Shaping The Future 2026 conference, which aims to understand how important it is to position women not just as participants in wealth creation, but as intentional architects of legacy.

Women Shaping the Future 2026 calls on every woman to make one concrete decision today

DAR ES SALAAM, 28 March 2026 — The Hyatt Regency Dar es Salaam hosted the second edition of Women Shaping the Future (WSF 2026), Studiored Communications’ flagship annual conference held during Women’s Month. Themed “Build Wealth. Build Power.”, the event brought together 200 women leaders, professionals, entrepreneurs, and policymakers for a full day of expert sessions, panel discussions, and wealth salons designed to equip women with the tools and confidence to take decisive steps toward financial independence.

The event was made possible through the partnership of Stanbic Bank Tanzania as Main Title Partner, alongside wealth salon partners Alliance Life Assurance, UTT Asset Management, Tanzania Securities Limited (TSL), and official travel partner Air Tanzania Corporation Ltd. (ATCL).

“Long-term financial stability requires intentional planning, resilience against economic shocks, and strategies that create lasting opportunities for future generations. At SRC, we are driven to use our expertise in storytelling, convening and community building to engage women to build themselves and their families.”

— Dr. Doris Rwebangira, Co-Founder & Managing Partner, Studiored Communications

Stanbic Bank Tanzania: Driving Financial Inclusion for Women

As Main Title Partner, Stanbic Bank Tanzania reinforced its commitment to financial inclusion and economic empowerment for women. During a fireside chat, Ester Manase, Head of Corporate & Investment Banking, highlighted the bank’s work in women’s empowerment and wealth creation.

“We believe in the contribution of women and empowering them to achieve their goals. Through our department that works with business clients, we saw the importance of partnering with SRC in order to explore various opportunities.”

— Ester Manase, Head of Corporate & Investment Banking, Stanbic Bank Tanzania

YAS OPENS NEW STORE AT SGR DODOMA TO EXPAND ACCESS TO DIGITAL SERVICES

Dodoma District Commissioner, Jabir Shekimweri (centre), cuts the ribbon to officially launch the Yas Store at the SGR station in Dodoma yesterday, part of the company’s efforts to expand access to digital and financial services in the fast-growing capital. He is flanked by Yas Tanzania’s Director of Customer Experience and Operations, Mwangaza Matotola (second left), Zonal Director for Central Zone, Said Idd (second right), Head of Public Relations and Communications at TRC, Fredy Mwanjala (left), and Head of Yas Stores in Tanzania, Sarah Sonelo.

Dodoma, March 30, 2026 – Telecommunications company Yas Tanzania has officially opened a new retail store at the Standard Gauge Railway (SGR) Dodoma Station, enhancing access to communication and financial services for residents and travelers.

The new outlet is strategically located to serve both Dodoma residents and passengers using the SGR, offering faster, more convenient access to a wide range of digital services. The initiative underscores Yas’ commitment to simplifying daily transactions, supporting small businesses, and driving digital inclusion.

Expanding Access to Essential Services

The store provides a comprehensive suite of services, including SIM card registration, mobile financial services through Mixx by Yas, and the sale of devices such as smartphones. In addition, tailored solutions for businesses are available, helping entrepreneurs operate more efficiently in an increasingly digital economy.

The outlet also introduces value-added services like the Mjasiriamali Box, designed specifically to empower small-scale entrepreneurs with tools to grow their ventures.

Leadership Applauds Digital Growth

The store was officially inaugurated by Jabir Shekimweri, who praised Yas for its contribution to economic development and digital transformation in the capital.

“The opening of this store will create employment opportunities, boost economic activity, simplify access to services, and expand connectivity for residents,” he said.

MIXX BY YAS LAUNCHES WAKALA APP TO TRANSFORM AGENT OPERATIONS IN TANZANIA

Angelica Pesha, Chief Executive Officer of Mixx by Yas, addresses guests (not in the picture) during a dinner gala event for super agents and partners held in Dar es Salaam over the weekend. The event marked the launch of the Wakala App, a first-of-its-kind platform designed to transform how agents manage their businesses and enhance service efficiency for over 22 million customers nationwide, as well as the introduction of 'Bustisha Wakala', a financing solution aimed at providing working capital to agents.

Dar es Salaam, March 27, 2026 – Mixx by Yas has officially unveiled the Wakala App, a first-of-its-kind digital platform designed to revolutionize how mobile money agents manage their businesses while enhancing service delivery for its more than 22 million customers nationwide.

The launch took place during a Partners Gala event at Mlimani City, bringing together key agents from across the country. The event served not only as a celebration of the company’s achievements over the past year but also as a platform to outline its strategic direction for 2026.

Speaking during the event, Chief Executive Officer Angelica Pesha expressed appreciation to agents for their continued contribution to the company’s growth.

“You are the backbone of our customer reach across every corner of the country. Through your dedication, discipline, and quality of service, you have built a strong foundation for Mixx’s growth,” she said.

Pesha emphasized that the company’s success is rooted in transparency, trust, and customer-centric service delivery. She also highlighted that Mixx has received certification from the GSMA Mobile Money program, affirming compliance with international standards in security, transparency, and customer data protection.

NBC HOSTS SPECIAL FORUM TO SHARPEN WOMEN’S ECONOMIC EMPOWERMENT

NBC’s Liability Products and Sales Manager Ms. Dorothea Mabonye (holding the microphone), contributes to a discussion during a special forum organized by NBC for women traders and entrepreneurs in Dar es Salaam over the weekend. Also pictured are NBC’s Director of Compliance, Ms. Sarah Laiser-Sumaye (third left); financial literacy expert, Dr. Amina Baamary (third right); Entrepreneur and investor in the hospitality sector, Ms. Haika Lawere (right); insurance expert from Partner of Pierson Insurance, Ms. Moureen Majaliwa; and NBC’s Manager of Public Relations and Communications, Ms. Brendansia Kileo.

NBC’s Director of Compliance, Ms. Sarah Laiser-Sumaye (pictured), leading the special forum organized by NBC Bank for women traders and entrepreneurs in Dar es Salaam over the weekend.

Dar es Salaam, March 30, 2026 — National Bank of Commerce (NBC) has reaffirmed its commitment to advancing women’s economic empowerment by convening a special forum that brought together women traders and entrepreneurs in Dar es Salaam.

The forum, held over the weekend as part of the bank’s ‘NBC Women’s Month’ activities marking International Women’s Day, focused on strengthening women’s economic capacity through innovation, financial inclusion, and business resilience.

Building Capacity Beyond Business Start-Up

Led by NBC’s Director of Compliance, Ms. Sarah Laiser-Sumaye, the forum served as both a knowledge-sharing platform and a space for peer learning. Participants engaged in discussions spanning economic, social, and health-related topics, while also exchanging real-life experiences on navigating business challenges and leveraging growth opportunities.

Speaking during the forum, Ms. Laiser-Sumaye emphasized that while many women have made strides in starting businesses, sustaining and scaling them remains a critical challenge.

“Despite the progress made, many women-owned businesses still collapse due to poor management and lack of professional business practices. A significant number of women fail to maintain proper financial records, making it difficult to distinguish between personal and business expenses,” she noted.

She urged participants to prioritize strong business management practices, particularly in record-keeping and marketing, as essential pillars for long-term success.

COCA-COLA SYSTEM INVESTS USD 1.94 MILLION TO STRENGTHEN WATER SECURITY IN TANZANIA

Coca-Cola officials pose for a group photo recently in Morogoro. The Coca-Cola system in Tanzania is investing USD 1.94 million to help restore the Ruvu Basin—an initiative focused on improving water replenishment through nature-based solutions, restoring catchment areas, and supporting more sustainable water management in the Ngerengere catchment of the Ruvu sub-basin. It also aims to strengthen watershed management capacity, restore degraded catchment areas, and promote water stewardship.

Morogoro, Tanzania – 26 March 2026 — The Coca-Cola system in Tanzania has announced a USD 1.94 million investment aimed at restoring the Ruvu Basin, a critical water source that supports Dar es Salaam—the country’s commercial capital—and millions of people, businesses, and agricultural activities across eastern Tanzania.

Protecting a Vital Water Lifeline

The Ruvu Basin plays a central role in supplying water to an estimated 9 million residents in Dar es Salaam, as well as sustaining surrounding communities and ecosystems. Recognizing increasing pressure on water resources, the Coca-Cola system’s investment is designed to strengthen long-term water security through sustainable and community-driven solutions.

The initiative will focus on the Ngerengere catchment within the Ruvu sub-basin, with key interventions including:

• Restoration of degraded catchment areas
• Implementation of nature-based water replenishment solutions
• Promotion of sustainable water management practices
• Strengthening local watershed management capacity

Driving Community Impact Through Partnerships

The project is led by the Global Water Challenge (GWC) and implemented by the International Union for Conservation of Nature in collaboration with the Wami-Ruvu Basin Water Board (WRBWB).

On-the-ground activities will include tree planting and the promotion of climate-resilient farming practices, directly benefiting at least 2,000 farmers in the region. These efforts aim not only to restore ecosystems but also to enhance livelihoods and build resilience against climate-related water challenges.

TANZANIA BREWERIES LEADS CLEAN-UP INITIATIVE TO PROTECT DAR ES SALAAM’S WATER SYSTEMS

Dar es Salaam, Tanzania – March 26, 2026
Tanzania Breweries PLC has reaffirmed its commitment to environmental sustainability and community well-being through a hands-on clean-up initiative aimed at protecting critical water systems in Dar es Salaam.

Marking this year’s World Water Day, the company brought together city leaders, more than 100 employees, and community stakeholders for a large-scale environmental exercise in Ilala District. The initiative focused on restoring an effluent discharge channel—an essential component in safeguarding surrounding water systems and maintaining urban sanitation.

Public-Private Collaboration for Urban Sustainability

The clean-up exercise was conducted in collaboration with the Mayor of Dar es Salaam City Council, Nurdin Bilal Juma, alongside Ilala Municipal authorities and local councillors. The joint effort highlights the growing importance of partnerships between the private sector and local government in addressing urban environmental challenges.

Led by Neema Temba, Corporate Affairs Director at TBL, the initiative demonstrated how corporate leadership can translate sustainability commitments into tangible action.

Speaking during the exercise, Temba emphasized the company’s long-term approach to water stewardship:

“Water is at the centre of our business and our communities. We have a responsibility to protect it—both within our operations and in the environments where we operate. This initiative reflects how we work with partners to deliver practical solutions that support long-term water security.”

She further noted that meaningful environmental impact requires consistent collaboration and on-the-ground action.

AXA HEALTH INTERNATIONAL EXPANDS AFRICAN FOOTPRINT WITH NEW TANZANIA COLLABORATION

26 March 2026 - Dar es Salaam, Tanzania — AXA Health International, operating under the AXA Global Healthcare brand, has announced a strategic collaboration in Tanzania with Alliance Insurance Corporation Limited and MIC Global Risks Tanzania Ltd. The move marks another milestone in AXA’s ongoing expansion across Africa, reinforcing its commitment to delivering premium international healthcare solutions in high-growth markets.

Strengthening Access to International Healthcare

The collaboration is set to enhance access to global-standard healthcare services in Tanzania, targeting individuals, corporates, expatriates, and internationally mobile professionals. Through this partnership, clients will benefit from The Global Executive Health Plan (GEHP) — a comprehensive international private medical insurance solution designed to facilitate access to specialised treatment beyond national borders.

This development builds on AXA Health International’s earlier partnership with Executive Healthcare Solutions (EHS), announced in October 2025, which established an exclusive distribution framework across Kenya and several African markets. In Tanzania, MIC Global Risks—appointed by EHS as intermediary—serves as the exclusive distributor.

Defined Roles Within the Collaboration

The partnership is structured to ensure efficiency, compliance, and seamless service delivery:

• AXA Health International provides global healthcare administration, medical expertise, and access to its extensive international provider network.
• MIC Global Risks Tanzania Ltd acts as the exclusive distributor, managing client engagement, policy issuance, and ongoing servicing.
• Alliance Insurance Corporation Limited serves as the licensed local insurer, ensuring regulatory compliance, with premiums paid directly to the company.

Meeting the Needs of a Growing Market

As Tanzania continues to position itself as a regional hub for investment, trade, and professional mobility, demand for international healthcare solutions is rising. Multinational corporations, expatriates, and globally mobile professionals increasingly require access to advanced medical care that may not be readily available locally.

The GEHP addresses this gap by offering structured access to internationally recognised hospitals and specialists, supported by services such as medical evacuation, cross-border care coordination, and second medical opinions.

Importantly, the plan is not designed as a domestic health insurance product. Instead, it operates within an international private medical insurance framework, focusing on access to specialised treatment abroad when needed.

EAIF 2026 CONVENES REGIONAL LEADERS TO ACCELERATE FINTECH INVESTMENT AND DIGITAL INCLUSION

Ms. Cynthia Ponera, Chairperson of TAFINA, speaks at the launch of the East Africa Investment Forum held in Dar es Salaam.

Dar es Salaam, Tanzania — 26 March 2026 — The East Africa Investment Forum (EAIF) 2026 is underway in Dar es Salaam, bringing together investors, policymakers, regulators, and fintech innovators from across East Africa and beyond.

Hosted by the Tanzania Fintech Association (TAFINA), the two-day forum is being held at the Hyatt Regency Dar es Salaam, The Kilimanjaro under the theme “Fintech Forward: Innovation & Inclusion.” The event serves as a strategic platform to deepen dialogue, unlock partnerships, and catalyze investment in the region’s fast-evolving digital financial ecosystem.

Kennedy Komba, Director of Financial Deepening and Inclusion at Bank of Tanzania, shares valuable insights on advancing financial inclusion and expanding access through digital solutions.

Strengthening the Fintech Ecosystem

EAIF 2026 is supported by Vodacom Tanzania through its M-Pesa platform as the Exclusive Platinum Sponsor, underscoring a shared commitment to expanding access to digital financial services. The company’s participation highlights practical experience in scaling mobile financial solutions, while contributing to critical conversations around interoperability, regulatory alignment, and inclusive innovation.

Ms. Zuweina Farah, External Affairs and Vodacom Foundation Director, speaks at the launch of the East Africa Investment Forum held in Dar es Salaam.

The forum is structured to drive meaningful outcomes through keynote addresses, panel discussions, and curated investor matchmaking sessions. Core thematic areas include digital financial inclusion, cross-border interoperability, fintech regulation, investment readiness, and the role of emerging technologies in shaping the future of finance.

Policy, Innovation, and Investment Alignment

The forum was officially inaugurated by Kennedy Komba, Director of Financial Deepening and Inclusion at the Bank of Tanzania, who emphasized the importance of coordinated efforts in advancing inclusive financial systems.

“Advancing financial inclusion requires a coordinated approach that brings together policy, innovation, and investment. Platforms such as EAIF are important in fostering dialogue and collaboration across stakeholders, while supporting the development of a regulatory environment that enables responsible innovation and expands access to financial services for all,” he said.

I&M BANK YAPANUA MTANDAO WA MATAWI, YAFUNGUA TAWI LA 9 MIKOCHENI DAR ES SALAAM

I&M Bank Tanzania imeendelea kuimarisha uwekezaji wake katika sekta ya fedha nchini baada ya kufungua rasmi tawi lake la tisa katika eneo la Palm Village, Mikocheni jijini Dar es Salaam. Hatua hii ni sehemu ya mkakati wa benki hiyo kusogeza huduma za kifedha karibu zaidi na wananchi huku ikichochea ujumuishaji wa kifedha, hususan kwa wateja wa rejareja pamoja na wafanyabiashara wadogo na wa kati (SMEs).

Akizungumza wakati wa uzinduzi huo, Afisa Mtendaji Mkuu na Mkurugenzi Mtendaji wa benki hiyo, Zahid Mustafa, alisema ufunguzi wa tawi hilo unaakisi dhamira ya benki kuendelea kuwekeza nchini na kuchangia ukuaji wa uchumi. Alisisitiza kuwa Tanzania ni soko muhimu kwa benki hiyo, huku akibainisha kuwa wataendelea kupanua huduma na kuleta suluhisho bunifu za kifedha zinazokidhi mahitaji ya wateja katika mazingira yanayobadilika kwa kasi.

Kwa upande wake, Mkuu wa Huduma za Rejareja na Kidijitali, Simon Gachahi, alieleza kuwa benki inapanga kuongeza idadi ya matawi hadi kufikia 18 ndani ya kipindi cha miaka mitatu ijayo. Lengo kuu ni kuongeza upatikanaji wa huduma za kifedha kwa urahisi zaidi, huku benki ikiendelea kutoa bidhaa nafuu zinazolenga kuchochea ukuaji wa biashara na ustawi wa wateja wake.

Miongoni mwa huduma zinazotolewa ni pamoja na miamala ya bure kutoka benki kwenda simu, pamoja na mikopo ya ununuzi wa mali yenye riba ya asilimia 9, inayolenga kusaidia wafanyabiashara kukuza shughuli zao na kuongeza uzalishaji.

NBC YAKABIDHI TREKTA TANECU, YAHITIMISHA KAMPENI YA ‘WEKEZA NBC SHAMBANI USHINDE’ MTWARA

Mkuu wa Wilaya ya Tandahimba, mkoani Mtwara , Kanali Michael Mntenjele, (alieketi kwenye trekta) akishuhudia makabidhiani ya trekta baina ya Meneja wa benki ya NBC Tawi la Lindi, Iovin Mapunda, (kushoto kwake) kwenda kwa Mwenyekiti wa Chama Kikuu cha Ushirika Tandahimba na Newala (TANECU), Karimu Chipola, (kulia kwake) ikiwa ni zawadi iliyotolewa na benki hiyo kwa chama hicho baada ya kuibuka mshindi wa jumla wa kampeni ya ‘Wekeza NBC Shambani Ushinde’ ya benki hiyo iliyokuwa mahususi kwa wakulima wa Korosho mkoani humo. Wanaoshuhudia ni pamoja na viongozi wa chama hicho, wakulima na maofisa wa NBC.

Mkuu wa Wilaya ya Tandahimba, mkoani Mtwara , Kanali Michael Mntenjele, (katikati alieshika mkasi) akikata utepe kuashiria hitimisho rasmi la msimu wa nne wa kampeni ya ‘Wekeza NBC Shambani Ushinde’ ya benki ya NBC. Wanaoshuhudia ni pamoja na Mkuu wa Wilaya ya Newala, Alhaji Rajabu Kundya (wa pili kulia), viongozi wa ushirika, wakulima na maofisa wa NBC.

Mtwara, Tandahimba | Machi 26, 2026

Katika hatua inayoendelea kudhihirisha dhamira ya kuinua sekta ya kilimo nchini, Benki ya Taifa ya Biashara (NBC) imehitimisha kwa mafanikio makubwa msimu wa nne wa kampeni yake ya ‘Wekeza NBC Shambani Ushinde’, kwa kumkabidhi mshindi mkuu—Chama Kikuu cha Ushirika Tandahimba na Newala (TANECU)—zawadi ya trekta.

Kampeni hiyo, iliyozinduliwa Septemba mwaka jana wilayani Tandahimba, imelenga kuhamasisha wakulima wa zao la korosho kuongeza uzalishaji kupitia huduma za kifedha zilizo rafiki na bunifu. Sambamba na hilo, imekuwa chachu ya kuwazawadia wakulima kwa vitendea kazi vya kisasa vinavyochochea tija na maendeleo ya kilimo.

Mbali na trekta, washiriki wa kampeni hiyo walipata fursa ya kushinda zawadi mbalimbali zikiwemo simu janja, pampu za kupulizia dawa, pikipiki, kompyuta mpakato (laptop) pamoja na mizani za kidijitali—zote zikilenga kuongeza ufanisi katika shughuli za kilimo.

AKIBA COMMERCIAL BANK PARTNERS WITH HANS PAUL AUTOMECH TO BOOST TANZANIA’S TOURISM SECTOR

March 25, 2026 – Arusha, Tanzania

Tanzania’s tourism sector remains a cornerstone of the national economy, supporting livelihoods, foreign exchange earnings, and regional development. As the industry continues to expand, empowering its key players with practical, scalable solutions is essential for sustaining long-term growth.

In a strategic move aligned with this vision, Akiba Commercial Bank Plc has partnered with Hans Paul Automech to address one of the sector’s most pressing challenges: access to reliable safari vehicles.

A Practical Solution to a Critical Industry Need

The collaboration, formalized through a Memorandum of Understanding (MoU), is designed to enable tour operators to acquire high-quality, durable, and purpose-built safari vehicles—an essential asset for delivering consistent and competitive tourism experiences.

Speaking during the signing ceremony, Allen Nkya, Senior Manager for Business Banking, emphasized the bank’s strategic intent:

“This partnership reflects our deliberate effort to support the tourism sector by providing tailored financial solutions that enable operators to acquire strong, durable and reliable safari vehicles. Through this arrangement, Akiba Commercial Bank will finance up to 80% of the vehicle cost, with customers contributing only 20%.”

Financing Designed Around the Tourism Cycle

A standout feature of this initiative is its flexibility. Unlike conventional financing models, this structure is tailored to the unique dynamics of the tourism industry, where revenue streams fluctuate between peak and low seasons.

By aligning repayment terms with actual cash flows, the partnership allows tour operators to invest in quality assets without placing undue pressure on their financial stability—ultimately supporting more sustainable business growth.

WOMEN SHAPING THE FUTURE 2026 RETURNS IN DAR ES SALAAM WITH STANBIC BANK AS OFFICIAL PARTNER

Dar es Salaam, Tanzania | 26 March 2026

The second edition of Women Shaping the Future (WSF) is set to return this March, bringing a sharper focus on one of the most critical drivers of women’s leadership today—financial power.

Organised by Studiored Communications (SRC), the flagship Women’s Month event will take place on Saturday, 28 March 2026 at the Hyatt Regency Dar es Salaam, The Kilimanjaro under the theme “Build Wealth. Build Power.”

A Platform Focused on Wealth Creation

WSF 2026 goes beyond inspiration, positioning itself as a practical, results-driven platform for women who are serious about building and sustaining wealth.

The full-day conference will bring together women leaders, professionals, entrepreneurs, and decision-makers to explore:

• Turning income into long-term assets
• Investing with intention
• Protecting wealth
• Building generational legacy

Through expert-led sessions and real-world conversations, the event is designed to equip attendees with actionable strategies to strengthen their financial future.

Stanbic Bank Tanzania Joins as Official Partner

In a significant collaboration, Stanbic Bank Tanzania has come on board as the Official Event Partner.

The partnership reflects a shared belief that women’s wealth creation is not just a social goal—but an economic imperative.

NMB, TUMAINI UNIVERSITY PARTNER TO EQUIP STUDENTS WITH PRACTICAL SKILLS AND INDUSTRY EXPOSURE

NMB Bank’s Chief Human Resources Officer, Emmanuel Akonaay (left), and the Vice Chancellor of Tumaini University Dar es Salaam (DarTU), Prof. Burton Mwamila (right), sign a three-year Memorandum of Understanding in Dar es Salaam. The partnership will provide Tumaini University students with practical training opportunities at NMB Bank Plc while enabling the bank’s staff to further their expertise in banking and finance through academic programmes at the university.

In a significant step toward bridging the gap between academia and industry, NMB Bank Plc has entered into a three-year strategic partnership with Tumaini University Dar es Salaam (DarTU) to enhance skills development among young Tanzanians.

The Memorandum of Understanding (MoU), signed in Dar es Salaam on Wednesday, establishes a structured framework for collaboration between the financial sector and academia. The initiative is designed to equip students with practical skills, professional knowledge, and industry exposure—key ingredients for competitiveness in today’s evolving job market.

Bridging Education and Industry

Speaking during the signing ceremony, NMB’s Chief Human Resources Officer, Emmanuel Akonaay, emphasized the critical role of education in national development. He noted that the partnership aligns with the bank’s Corporate Social Investment agenda, which prioritizes human capital development.

“Education is a catalyst for national development. Through this partnership, we are nurturing a generation of skilled, innovative and competitive professionals capable of driving Tanzania’s growth,” he said.

The collaboration directly addresses one of the most persistent challenges in the labour market—aligning academic learning with real-world demands.

HOW STANBIC BANK IS STRENGTHENING SUPPLY CHAIN RELIABILITY IN TANZANIA

As regional demand for food, minerals and manufactured goods continues to rise, Tanzania is steadily strengthening its position as a dependable supplier to neighbouring markets. Increasingly, competitiveness is being shaped not just by production volumes, but by how reliably goods move from farms, factories and mines to buyers across the region.

From maize, rice and horticultural produce to cement, fast-moving consumer goods (FMCG) and minerals, the ability to deliver on time and at scale has become a defining factor in regional trade. Behind physical infrastructure such as roads, railways and ports lies a less visible but equally critical enabler: financial systems that keep supply chains liquid, predictable and resilient.

The Hidden Engine of Supply Chains: Liquidity

For years, Tanzanian producers and traders have faced supply chain disruptions linked to delayed payments, input shortages, foreign exchange constraints and logistics bottlenecks. Addressing these challenges requires more than infrastructure investment. It demands financial systems that allow money, goods and risk to move seamlessly across borders.

“Supply chains break down when liquidity dries up,” said Fredrick Max, Head of Business and Commercial Banking at Stanbic. “Working capital allows farmers to buy inputs on time, manufacturers to keep production lines running and exporters to move goods without delays.”

Agriculture: Aligning Finance with the Seasons

Agriculture remains the backbone of Tanzania’s economy, employing the majority of the population and supplying regional markets including Kenya, Rwanda, Burundi, the Democratic Republic of the Congo and Zambia.

Yet many small and medium-sized agribusinesses struggle to finance seeds, fertiliser, machinery and storage, particularly at the start of production cycles.

According to Mr Max, financing must reflect the realities of agriculture.
“Agriculture does not follow monthly salary cycles,” he noted. “When credit is aligned to planting, harvesting and marketing periods, productivity and reliability improve.”

STANBIC BANK TANZANIA NAMED BEST INTERNATIONAL PRIVATE BANK FOR SECOND YEAR IN A ROW

Stanbic Bank Tanzania’s Acting Head of Private Banking, Beatrice Kisoka (third from right), shortly after receiving Tanzania’s 2026 Best International Private Banking Award at the Euromoney Private Banking Awards held in London, United Kingdom, recently. She is pictured alongside other Stanbic Bank Tanzania leaders and event organisers.

Dar es Salaam, Tanzania - Monday, 23 March 2026: Stanbic Private Banking has been recognised globally with three prestigious Euromoney awards for 2026: Best International Private Bank, Best Bank for Next Generation, and Best Bank for Client Service. This achievement highlights Stanbic’s commitment to helping Tanzanian clients build, grow, and sustain wealth across generations.

The awards, presented at the Euromoney Private Banking Awards 2026 in London, followed a rigorous assessment by an independent panel of industry experts. They come at a time when Tanzania’s economy continues to expand, with projected growth of 5–6%, according to the Bank of Tanzania, alongside sustained increases in private sector credit and investment.

Supporting Tanzania’s Growing Wealth

As the country’s economy evolves, a new generation of entrepreneurs, professionals, and family businesses is seeking structured solutions to preserve and transfer wealth. Small and medium enterprises (SMEs) play a significant role in Tanzania’s economy, contributing substantially to employment and economic growth, according to the Ministry of Finance.

The three Euromoney awards reflect key areas shaping this transformation:

• Best International Private Bank: Recognises Stanbic’s ability to connect Tanzanian clients to global markets, enabling them to grow their wealth beyond local boundaries while maintaining strong domestic foundations. This is the second consecutive year Stanbic has received this award.
• Best Bank for Next Generation: Highlights the growing importance of preparing heirs and young leaders to manage wealth responsibly as family businesses transition to new generations.
• Best Bank for Client Service: Underscores the value of long-term relationships, trust, and personalised advisory services in supporting clients through complex financial decisions over time.

Insights from Stanbic Leadership

Manzi Rwegasira, Chief Executive of Stanbic Bank Tanzania, said:

“In Tanzania, wealth is rarely created for the individual alone. It supports families, enables businesses, and contributes to communities. As more wealth is created, there is a growing need to ensure it is preserved, structured, and passed on effectively. This recognition reflects the work we are doing with our clients to support that journey.”