NCBA AND NEDBANK COMPLETE LANDMARK TRANSACTION, CREATING A POWERFUL EAST AFRICAN FINANCIAL SERVICES GROWTH PLATFORM

South Africa’s Nedbank Group Limited (Nedbank) has successfully completed its strategic investment in NCBA Group PLC (NCBA) through the acquisition of a 66 per cent controlling stake, reinforcing confidence in East Africa’s financial services sector and unlocking new opportunities for NCBA’s customers, employees and shareholders.

Nairobi, October 19, 2026: NCBA has announced the successful completion of Nedbank Group Limited’s strategic investment through the acquisition of a 66 per cent controlling stake, marking a landmark transaction for East Africa’s financial services sector. The completion follows receipt of the required regulatory approvals and results in NCBA becoming a subsidiary of Nedbank. NCBA will continue to be listed on the Nairobi Securities Exchange (NSE), with the remaining 34 per cent of the issued shares being held by the public.

A Landmark Deal That Strengthens East Africa’s Financial Services Sector

NCBA operates across six markets in Africa: Kenya, Uganda, Tanzania, Rwanda, Ivory Coast and Ghana, serving over 60 million customers through 122 branches. South Africa-headquartered Nedbank, which is listed on the Johannesburg Stock Exchange (JSE) and the Namibia Securities Exchange, has physical operations across Southern Africa, including Namibia, Zimbabwe, Mozambique, Lesotho and Eswatini, as well as offshore centres in London, Dubai, the Isle of Man and Jersey. Through this investment in NCBA, Nedbank will expand into the high-growth East African market, with ambitions to extend the brand into the wider region.

Kenya’s position as a financial hub, supported by strong institutions, advanced capital markets and a dynamic technology sector, provides a strategic entry point for Nedbank, while NCBA’s strong market reputation, digital banking capabilities, asset finance leadership, investment banking expertise and regional network make it a compelling partner.

Together, the two leading and highly regarded African financial services institutions are well placed to support trade, enterprise growth and investment across one of Africa’s fastest-growing and most dynamic regions.

Business Continuity for Employees and Customers

NCBA’s employees and customers can be assured that business will continue as usual. NCBA Group will retain its trusted brand, local leadership, Nairobi headquarters and customer-facing operating model. Products, services, relationship teams, branches, digital channels and day-to-day banking arrangements remain unchanged. The transaction is designed to enhance, not disrupt, customer experience, with opportunities to introduce broader capabilities, stronger cross-border solutions and deeper sector expertise available through Nedbank.

NMB YATENGA SH BILIONI 2 KUWEZESHA KAMPUNI CHANGA, KUANZISHA KITUO CHA UBUNIFU 2027

Makamu wa Rais wa Jamhuri ya Muungano wa Tanzania, Mhe. Deogratius Ndejembi (wa pili kushoto), akimsikiliza Mkurugenzi Mtendaji na Afisa Mtendaji Mkuu wa Benki ya NMB, Ruth Zaipuna (wa pili kulia), wakati wa ziara yake katika banda la NMB kwenye Wiki ya Kampuni Changa Tanzania (Tanzania Startup Week 2026), iliyofanyika katika Kituo cha Kimataifa cha Mikutano cha Julius Nyerere (JNICC), Dar es Salaam, Oktoba 19, 2026. Kulia ni Meneja wa Ubunifu wa Benki ya NMB, Maria Mwamyalla.

Benki yaweka lengo la kuunganisha kampuni 30 na mifumo yake ifikapo 2030, Makamu wa Rais ataka matokeo halisi ya uwekezaji.

Dar es Salaam, Oktoba 19, 2026 — Benki ya NMB imetenga Shilingi bilioni 2 kusaidia kampuni changa za teknolojia kuunganisha bidhaa na huduma zao na mifumo ya kibenki, huku ikipanga kuanzisha Kituo cha Ubunifu (NMB Innovation Hub) mwaka 2027 ili kuimarisha mazingira ya ukuaji wa biashara zinazotumia teknolojia nchini.

Benki hiyo imeweka lengo la kuongeza idadi ya kampuni changa zilizounganishwa na mifumo yake kutoka sita zilizopo sasa hadi 30 ifikapo mwaka 2030, hatua inayolenga kuwasaidia wabunifu kubadilisha mawazo yao kuwa biashara endelevu, kupanua masoko na kuchangia katika uzalishaji wa ajira.

Hatua hiyo pia inalenga kuondoa vikwazo vya kiteknolojia vinavyokwamisha kampuni changa kuingiza bidhaa na huduma zao sokoni, kwa kuzipa fursa ya kufikia mtandao wa wateja wa NMB unaozidi milioni 10.

Akizungumza wakati wa Wiki ya Kampuni Changa Tanzania (Tanzania Startup Week 2026), inayofanyika katika Kituo cha Kimataifa cha Mikutano cha Julius Nyerere (JNICC), jijini Dar es Salaam, Mkurugenzi Mtendaji na Afisa Mtendaji Mkuu wa NMB, Ruth Zaipuna, amesema kampuni sita tayari zimeunganishwa na mifumo ya benki hiyo na zimeanza kuuza bidhaa na huduma zao.

Amesema kampuni nyingine tano zinatarajiwa kuunganishwa kabla ya mwisho wa mwaka 2026, kufuatia maboresho ya mfumo mkuu wa kibenki yaliyoongeza uwezo wa NMB kushirikiana na kampuni za teknolojia ya fedha.

Zaipuna ameyasema hayo katika hafla iliyohudhuriwa na Makamu wa Rais wa Jamhuri ya Muungano wa Tanzania, Deogratius Ndejembi, aliyetembelea banda la NMB kujionea juhudi za benki hiyo katika kukuza ubunifu na ujasiriamali nchini.

BENKI YA CRDB, GAVANA WA BOT WANG’ARA TUZO ZA GLOBAL FINANCE BANGKOK, THAILAND

Bangkok, Thailand - Tanzania imeendelea kupeperusha vyema bendera yake kimataifa baada ya Benki ya CRDB kutangazwa kuwa Benki Bora Tanzania kwa mwaka 2026 (Best Bank in Tanzania) na jarida maarufu la kimataifa la Global Finance, katika hafla ya utoaji tuzo iliyofanyika jijini Bangkok, Thailand.

Katika hafla hiyo, Gavana wa Benki Kuu ya Tanzania (BoT), Bw. Emmanuel Tutuba, naye ametambuliwa kimataifa kupitia tathmini ya Global Finance ya Central Banker Report Cards 2026, na kuongeza heshima kwa sekta ya fedha nchini Tanzania.

Utambuzi huo unaakisi maendeleo na mageuzi yanayoendelea katika sekta ya fedha nchini. Kwa upande wa Benki ya CRDB, tuzo hiyo inaonesha kutambuliwa kwa uimara wa benki hiyo, ubunifu katika huduma za kifedha, ukuaji wa biashara pamoja na mchango wake katika kukuza ujumuishaji wa kifedha na maendeleo ya uchumi.

Mafanikio hayo yanakuja katika wiki ambayo Benki ya CRDB pia iliandaa Kongamano la Uwekezaji Afrika (Africa Investor Forum) 2026 jijini Bangkok, Thailand, na kufanikisha makubaliano ya ufadhili yenye thamani ya dola za Marekani milioni 111 kutoka taasisi za fedha za kimataifa.

BENKI YA CRDB YAWAKARIBISHA WAWEKEZAJI TANZANIA, MIKATABA YA DOLA MILIONI 111 YASAINIWA

Bangkok, Thailand - Benki ya CRDB imeendelea kuitangaza Tanzania kama kivutio cha uwekezaji wa kimataifa kupitia Mikutano ya Mwaka ya Benki ya Dunia na Shirika la Fedha la Kimataifa (IMF), iliyohitimishwa hivi karibuni jijini Bangkok, Thailand, ambapo mikataba yenye thamani ya jumla ya dola za Marekani milioni 111 ilisainiwa.

Kupitia jukwaa la CRDB Bank Africa Investor Forum, lililoandaliwa kwa ushirikiano na Invest Africa, benki hiyo iliwakutanisha wawekezaji wa kimataifa na kuwaainishia fursa za biashara, uwekezaji na maendeleo katika masoko inayohudumia ya Tanzania, Burundi, Jamhuri ya Kidemokrasia ya Kongo (DRC) na Umoja wa Falme za Kiarabu (UAE).

Jukwaa hilo lilishirikisha viongozi wa Serikali na taasisi muhimu za kifedha, akiwemo Waziri wa Fedha wa Jamhuri ya Muungano wa Tanzania, Balozi Khamis Mussa Omar, aliyekuwa mgeni rasmi; Waziri wa Fedha wa Zanzibar, Dkt. Juma Malik Akil; pamoja na Gavana wa Benki Kuu ya Tanzania, Emmanuel Tutuba.

Mikataba ya Dola Milioni 111 Kuimarisha Ufadhili

Miongoni mwa matokeo muhimu ya jukwaa hilo ni makubaliano ya ufadhili wa dola za Marekani milioni 75 kutoka FMO ya Uholanzi, yatakayosaidia kuimarisha uwezo wa CRDB kufadhili biashara ndogo na za kati, ambazo ni muhimu katika kukuza uchumi, kuongeza ajira na kupanua shughuli za biashara.

Aidha, CRDB ilipata makubaliano ya ufadhili wa dola za Marekani milioni 36 kutoka Shelter Afrique Development Bank kwa ajili ya kusaidia sekta ya makazi na ujenzi. Kati ya fedha hizo, dola milioni 10 zimetengwa kwa ajili ya CRDB Bank DRC, hatua inayolenga kupanua upatikanaji wa fedha katika soko hilo.

Ushirikiano huu unaakisi nafasi ya taasisi za kifedha katika kuunganisha mitaji ya kimataifa na mahitaji ya ufadhili katika sekta zinazochangia ukuaji wa uchumi.

Ushirikiano wa Kimataifa na Uendelevu

Katika hatua nyingine, CRDB imepanua ushirikiano wake na Afreximbank katika maeneo ya biashara ya kimataifa, mifumo ya malipo na uwezeshaji wa biashara zinazomilikiwa na wanawake na vijana.

CRDB BANK YAUNGANA NA WATANZANIA KUMPOKEA JIHAN DIMACK, MSHINDI WA MISS GRAND INTERNATIONAL 2026

Dar es Salaam - Benki ya CRDB imeungana na Watanzania, hususan wapenzi wa ulimbwende, kumpokea Jihan Dimack, mshindi wa taji la Miss Grand International 2026, kufuatia ushindi wake wa kihistoria uliolitangaza jina la Tanzania katika ramani ya dunia.

Akishiriki katika mapokezi hayo, Meneja Mwandamizi wa Huduma kwa Vijana wa Benki ya CRDB, Mshindo Magimba, amesema ushiriki wa benki hiyo ni sehemu ya dhamira yake endelevu ya kuunga mkono vipaji, kuwawezesha vijana na kuendeleza juhudi zinazowapa Watanzania fursa ya kung'aa katika majukwaa ya kimataifa.

“Jihan ni mfano wa namna uthubutu, kujiamini na kujituma vinavyoweza kufungua milango ya mafanikio na kuwa chanzo cha hamasa kwa vijana wengine nchini,” amesema Mshindo, aliyeambatana na Meneja wa Tawi la Palm Beach, Pendo Kitula.

Kupitia programu zake mbalimbali za kuwawezesha vijana, ikiwemo iMBEJU, Benki ya CRDB inaendelea kuwekeza katika ndoto, ubunifu na uwezo wa vijana wa Kitanzania. Benki hiyo inaamini kuwa vijana wanapopewa fursa na mazingira wezeshi, wanaweza kufikia mafanikio makubwa na kulitangaza taifa katika majukwaa ya kimataifa.

“Benki ya CRDB — tunawezesha ndoto, tunakuza vipaji na tunajenga kesho ya vijana wa Kitanzania, kuanzia vyuoni hadi mtaani. Kupitia Dawati letu la Youth Banking, tunahakikisha kila ndoto ya kijana inapata malezi na msaada unaohitajika ili ikue na kuleta mchango wenye manufaa kwa jamii nzima,” amesema Mshindo.

NMB BANK TARGETS 30 STARTUPS BY 2030, PLANS INNOVATION HUB IN 2027

Tanzania’s Vice-President, Hon. Deogratius Ndejembi (second left), listens to NMB Bank Managing Director and Chief Executive Officer, Ruth Zaipuna (second right), during his visit to the bank’s exhibition stand at Tanzania Startup Week 2026, held at the Julius Nyerere International Convention Centre (JNICC) in Dar es Salaam on October 19, 2026. On the right is NMB Bank Innovation Manager, Maria Mwamyalla.

Dar es Salaam - October 19, 2026: NMB Bank has allocated TZS 2 billion to support technology startups and plans to establish an Innovation Hub in 2027 as part of its efforts to accelerate innovation, expand digital solutions and promote entrepreneurship in Tanzania.

The bank aims to integrate 30 startups into its banking systems by 2030, up from six currently, creating opportunities for emerging businesses to commercialise their innovations and reach a customer base of more than 10 million.

Speaking during Tanzania Startup Week 2026 at the Julius Nyerere International Convention Centre (JNICC) in Dar es Salaam on October 19, NMB Bank Managing Director and Chief Executive Officer, Ruth Zaipuna, said six startups had already integrated their solutions into the bank's systems and begun commercialising their products and services.

She said five additional startups were expected to be integrated before the end of 2026, following improvements to the bank's core banking infrastructure.

The event was attended by Vice-President Deogratius Ndejembi, who visited NMB's exhibition stand to learn about the bank's initiatives to support innovation and entrepreneurship.

Zaipuna explained that integration into NMB's systems enables startups to access the bank's extensive customer base, helping them expand their markets, reach more customers and develop commercially viable solutions.

"The integration process was slowed by the bank's legacy systems. However, the migration to a new core banking system this year has strengthened our capacity to integrate financial technology companies more quickly," she said.

She added that the target of integrating 30 startups by 2030 reflects NMB's ambition to support businesses capable of contributing to employment creation and economic growth.

NHC YASHIRIKIANA NA BENKI TISA KUPANUA FURSA ZA MIKOPO YA NYUMBA KWA WATANZANIA

Mkurugenzi Mkuu wa Shirika la Nyumba la Taifa (NHC), Bw. Hamad Abdallah, akizungumza na wateja, wadau wa benki na taasisi za fedha pamoja na wadau wengine wakati wa kilele cha Wiki ya Huduma kwa Wateja kilichofanyika Oktoba 16, 2026, katika mradi wa Kawe 711, Dar es Salaam.

Shirika la Nyumba la Taifa (NHC) limeimarisha ushirikiano na benki na taasisi tisa za fedha ili kurahisisha upatikanaji wa mikopo ya nyumba kwa Watanzania, wakiwemo wanaoishi nje ya nchi, kwa lengo la kuongeza fursa za kumiliki makazi bora na ya kisasa.

Mkurugenzi Mkuu wa NHC, Bw. Hamad Abdallah, amesema ushirikiano kati ya Shirika hilo na taasisi za fedha ni nyenzo muhimu katika kutimiza dhamira ya Rais wa Jamhuri ya Muungano wa Tanzania, Dkt. Samia Suluhu Hassan, ya kuwawezesha Watanzania wengi zaidi kumiliki nyumba bora.

Akizungumza katika kilele cha Wiki ya Huduma kwa Wateja kilichofanyika Oktoba 16, 2026, katika mradi wa Kawe 711, Dar es Salaam, Bw. Abdallah amesema NHC inaendelea kuimarisha ushirikiano na benki mbalimbali ili kurahisisha upatikanaji wa mikopo ya nyumba kwa wananchi, wakiwemo Watanzania wanaoishi nje ya nchi (Diaspora).

“Tunataka kutimiza ndoto ya Rais wetu, Dkt. Samia Suluhu Hassan, ya kuwawezesha Watanzania wengi zaidi kumiliki nyumba. Hili linawezekana kupitia ushirikiano na mabenki yanayotoa mikopo kwa Watanzania waliopo nchini na wanaoishi nje ya nchi,” amesema.

Meneja wa Mauzo na Masoko wa Shirika la Nyumba la Taifa (NHC), Bw. Deogratius Batakanwa, akibadilishana mawazo na wadau wa Shirika hilo.

Katika hafla hiyo, benki na taasisi tisa za fedha zilishiriki kutoa elimu kuhusu fursa mbalimbali za mikopo ya nyumba kwa wafanyakazi, wafanyabiashara, wawekezaji na Watanzania wanaoishi nje ya nchi.

Taasisi hizo ni CRDB Bank, NMB Bank, NBC Bank, Azania Bank, Absa Bank, Equity Bank, Bank of Africa Tanzania, Tanzania Commercial Bank (TCB) na First Housing Finance.

Wadau kutoka Azania Bank wakijadiliana na wateja wao wakati wa kilele cha Wiki ya Huduma kwa Wateja.

Bw. Abdallah amesema lengo la kuzikutanisha taasisi hizo za fedha na wananchi ni kuwawezesha wateja kupata taarifa za mikopo moja kwa moja kutoka kwa wataalamu wa fedha, kulinganisha masharti ya ukopeshaji na kufanya maamuzi sahihi kuhusu umiliki wa nyumba.

Azania Bank Yatoa Mikopo ya Nyumba ya Hadi Miaka 25

Akizungumza kwa niaba ya Azania Bank, Bw. Samson Mhindi amesema benki hiyo imekuwa na ushirikiano na NHC kwa takribani miaka 15, ambapo imewawezesha Watanzania wengi kumiliki nyumba katika miradi mbalimbali, ikiwemo Kawe na Iyumbu, Dodoma.

Mkurugenzi Mkuu wa Shirika la Nyumba la Taifa (NHC), Bw. Hamad Abdallah, akijadiliana jambo na wadau kutoka CRDB Bank.

Amesema Azania Bank inatoa mikopo ya nyumba yenye muda wa marejesho unaofikia miaka 25. Aidha, baadhi ya miradi ina utaratibu maalumu wa riba ya asilimia tisa, hatua inayolenga kupunguza mzigo wa marejesho kwa wanunuzi wa nyumba.

PUBLIC INSTITUTIONS PITCH TANZANIA’S PROJECTS TO LONDON INVESTORS AT STANBIC SHOWCASE

Elias Ngunangwa, Head of Client Coverage, Corporate and Investment Banking at Stanbic Bank Tanzania (right), moderates a session with Japhet Justine, Commissioner for Sovereign Debt Management at the Ministry of Finance (centre), and Gilead Teri, Director General of the Tanzania Investment and Special Economic Zones Authority (TISEZA), during the Tanzania Investor Project Showcase held in London, United Kingdom, recently. The showcase brought together Tanzanian public institutions and international investors to discuss strategic investment opportunities across various sectors.

Tanzania targets international investment in energy, ports, airports, telecommunications and mining to support its long-term economic ambitions under Vision 2050.

London, United Kingdom - October 15, 2026: Tanzanian public institutions have presented investment opportunities in energy, ports, airports, telecommunications, mining and other sectors to international investors in London, United Kingdom, at a showcase organised by Stanbic Bank Tanzania in collaboration with international law firm Clyde & Co.

The Tanzania Investor Project Showcase, held on October 15, 2026, brought together government leaders, public institutions and international investors to explore partnerships and financing opportunities for strategic projects across the country.

The event was convened by Stanbic Bank Tanzania, a member of Standard Bank Group, on behalf of the Government of Tanzania. It took place a day before Prime Minister Dr Mwigulu Nchemba addressed the inaugural Tanzania Investment Forum in London.

The Tanzanian delegation was led by Minister for Planning and Investment, Prof. Kitila Mkumbo, and included ministers responsible for Finance, Minerals, and Communication and Information Technology, Zanzibar’s Minister for Finance, senior government officials and heads of investment authorities from Mainland Tanzania and Zanzibar.

Speaking at the showcase, Prof. Mkumbo said the Government was seeking private-sector participation to help achieve the country's ambitious economic development targets.

“Vision 2050 asks us to build a USD 1 trillion economy, and Government cannot and should not do that alone. We expect the private sector to provide most of the investment. We have come to London with projects that are ready for partners, and with the people who can answer investors’ questions today,” he said.

Tanzania targets USD 1 trillion economy

Tanzania's Vision 2050 aims to transform the country into an upper-middle-income economy valued at USD 1 trillion, with income per capita reaching USD 7,000.

According to the Government, the country requires approximately TZS 477 trillion in investment by 2030, with the private sector expected to contribute about 70 percent of the total.

Stanbic Bank Tanzania's Head of Client Coverage, Corporate and Investment Banking, Elias Ngunangwa, said the country's long-term development plans, economic reforms and investment opportunities were attracting growing international interest.

“Tanzania presents a compelling investment proposition, underpinned by resilient macroeconomic fundamentals, sustained economic growth and a clear long-term development agenda under Vision 2050,” Ngunangwa said.

He added that opportunities existed across infrastructure and logistics, energy, mining and critical minerals, telecommunications, digital infrastructure and other productive sectors.

ABSA BANK TANZANIA LAUNCHES ‘MKWANJA KILAINI, NA KADI YA ABSA’ CAMPAIGN WITH TZS 60 MILLION IN CASH REWARDS

Absa Bank Tanzania Head of Personal and Private Banking Products and Strategy, Mr. Heristraton Genesis (left), speaks in Dar es Salaam during the official launch of the “Mkwanja Kilaini na Kadi ya Absa” campaign, which aims to encourage the use of digital banking services. The bank has set aside TZS 60 million in cash prizes for the three-month campaign. On the right is Card Issuing Manager, Ms. Erica Mwaipopo.

Dar es Salaam - October 15, 2026: Absa Bank Tanzania has launched a three-month customer rewards campaign offering TZS 60 million in cash prizes to encourage customers to use their debit and credit cards for everyday transactions and embrace cashless payments.

Dubbed ‘Mkwanja Kilaini, na Kadi ya Absa’, the nationwide campaign will run from October 15, 2026, to January 15, 2027, providing customers with opportunities to win cash rewards by making qualifying card transactions.

Under the campaign, nine monthly winners will share TZS 30 million, with three winners selected each month. The first-prize winner will receive TZS 5 million, the second-prize winner TZS 3 million, and the third-prize winner TZS 2 million.

An additional grand prize of TZS 30 million will be awarded to one customer at the end of the promotional period, bringing the total value of the rewards to TZS 60 million.

Speaking at the launch on behalf of the Director of Personal and Private Banking, Absa Bank Tanzania Head of Personal and Private Banking Products and Strategy, Mr. Heristraton Genesis, said the initiative demonstrates the bank’s commitment to rewarding customers while promoting safer, more convenient banking practices.

“At Absa, we continuously look for innovative ways to reward our customers while encouraging smart financial habits. Through the ‘Mkwanja Kilaini, na Kadi ya Absa’ campaign, customers simply need to use their Absa debit or credit cards for everyday purchases and transactions to stand a chance of winning life-changing cash prizes,” he said.

Mr. Genesis added that the more qualifying transactions customers make, the more opportunities they have to participate in the raffle draws.

NCBA BANK TANZANIA PLANTS 13,000 MANGROVE SEEDLINGS IN ZANZIBAR UNDER "CHANGE THE STORY" CAMPAIGN

The initiative extends the bank’s environmental conservation efforts to Zanzibar as it works towards planting and nurturing 20,000 trees across Tanzania by December 2026.

ZANZIBAR, October 16, 2026 – NCBA Bank Tanzania has purchased and planted 13,000 mangrove seedlings in Muyuni A Shehia, South District, South Unguja Region, Zanzibar, as part of its Change the Story – Badilisha Simulizi environmental campaign.

The initiative aims to promote environmental conservation, restore natural vegetation and protect coastal ecosystems for the benefit of local communities and future generations.

The planting exercise brought together representatives of the Revolutionary Government of Zanzibar, community leaders, forestry experts, seaweed farmers, students, teachers and other stakeholders, highlighting the importance of collective action in protecting the environment.

The Zanzibar initiative contributes to NCBA Bank Tanzania’s commitment to planting and nurturing 20,000 trees across Tanzania by December 2026. The bank had previously planted 2,000 trees in Arusha and another 2,000 in Dar es Salaam.

Speaking during the exercise, NCBA Bank Tanzania Managing Director Alex Mziray said the campaign reflects the bank’s belief that empowering individuals and communities to achieve their goals must go hand in hand with environmental conservation.

“NCBA believes responsibility extends beyond banking services. As we empower individuals, businesses and communities to achieve their goals and aspirations, we also recognise the importance of protecting the environment that makes those achievements possible,” Mziray said.

He added that successful mangrove conservation requires close collaboration with local communities, particularly seaweed farmers whose livelihoods depend significantly on the health and sustainability of coastal ecosystems.

STANBIC BANK TAKES DIRECT SHILLING-TO-YUAN PAYMENT SOLUTION TO KARIAKOO TRADERS

Minister of Industry and Trade, Hon. Judith Salvio Kapinga (right), engages with Stanbic Bank Tanzania’s Head of Internal Audit, Jonathan Ngoma (third right), as Ilala District Commissioner Edward Mpogolo (second right) looks on during her visit to the bank’s booth in Kariakoo, Dar es Salaam, on October 13, 2026. The visit was part of Stanbic’s initiative to raise awareness among traders about its direct shilling-to-yuan payment solution through CIPS, enabling businesses to pay Chinese suppliers without first converting Tanzanian shillings into US dollars.

The initiative aims to simplify China trade payments, reduce currency conversion costs and help Tanzanian businesses expand international trade.

DAR ES SALAAM, Tanzania; OCTOBER 13, 2026 – Stanbic Bank Tanzania has taken its direct shilling-to-yuan payment solution to Kariakoo, Dar es Salaam, bringing international banking services closer to traders and businesses importing goods from China.

The initiative aims to simplify cross-border payments, reduce currency conversion costs and support businesses engaged in Tanzania-China trade.

The activation was attended by the Minister of Industry and Trade, Hon. Judith Salvio Kapinga (MP), ahead of the 140th Canton Fair in Guangzhou, China, one of the world's major international trade exhibitions.

During the exercise, Stanbic teams visited shops and warehouses across Kariakoo, demonstrating how traders can pay suppliers in China directly in yuan from their Tanzanian shilling accounts without first converting their money into United States dollars.

The service operates through China's Cross-Border Interbank Payment System (CIPS). Stanbic Bank Tanzania launched the solution on August 12, 2026, becoming the first bank in Tanzania to offer direct shilling-to-yuan payments, according to the bank.

Simplifying payments for Kariakoo businesses

Stanbic Bank Tanzania Head of Internal Audit, Jonathan Ngoma, said bringing the service closer to traders would help businesses simplify international payments, manage transaction costs and concentrate on expanding their operations.

"Kariakoo is one of Tanzania's most important commercial centres, connecting thousands of traders to suppliers and markets across the world. As Stanbic, we understand that businesses need financial solutions that make international trade easier, faster and more efficient," Ngoma said.

He added that the solution would help traders make payments to Chinese suppliers more efficiently while managing the costs associated with international transactions.

UBA TANZANIA YAZINDUA MFUMO WA MALIPO WA PAPSS KURAHISISHA BIASHARA AFRIKA

DAR ES SALAAM - October 16, 2026: Benki ya UBA Tanzania imezindua mfumo wa malipo wa Pan-African Payment and Settlement System (PAPSS), unaolenga kurahisisha malipo ya kuvuka mipaka kwa kuwawezesha wafanyabiashara na wateja kutuma na kupokea fedha katika nchi za Afrika zinazoshiriki mfumo huo kwa kutumia sarafu za nchi zao.

Mfumo huo unatarajiwa kupunguza utegemezi wa mlolongo mrefu wa benki wakilishi katika miamala ya kimataifa, hivyo kusaidia kupunguza muda wa malipo na kurahisisha biashara baina ya nchi za Afrika.

Akizungumza wakati wa uzinduzi wa mfumo huo, Mkuu wa Idara ya Huduma za Uendeshaji wa UBA Tanzania, Flavia Kiyanga, alisema PAPSS utarahisisha malipo ya kimataifa kwa kuondoa hatua nyingi zilizokuwa zikihitajika kabla fedha hazijamfikia mpokeaji.

“PAPSS inakuja kurahisisha wafanyabiashara kufanya malipo. Mlolongo wa zamani ulihusisha kupitia benki wakilishi kabla fedha hazijamfikia mpokeaji, lakini kupitia PAPSS, fedha zinaweza kufika kwa wakati baada ya muamala kukamilika,” alisema Kiyanga.

Alisema mfumo huo utawawezesha wafanyabiashara kutumia akaunti zao za shilingi za Tanzania kufanya malipo katika nchi nyingine zinazoshiriki PAPSS, hatua inayolenga kupunguza muda wa miamala na kurahisisha biashara za kikanda.

VODACOM NYERERE CYCLING TOUR YAWEKA ALAMA YA MAENDELEO YA JAMII KATIKA KUENZI FIKRA ZA HAYATI MWALIMU NYERERE

Waendesha baiskeli walioshiriki Nyerere Cycling Tour 2026 wakiwa katika picha ya pamoja na wafanyakazi wa Vodacom Tanzania PLC katika kijiji cha Mwitongo, Butiama, mkoani Mara, baada ya kuhitimisha msafara wa kilomita 1,450 kutoka Bagamoyo. Msafara huo ulilenga kuenzi urithi wa Hayati Baba wa Taifa, Mwalimu Julius Kambarage Nyerere, na kuhamasisha maendeleo ya jamii kupitia michezo.

MARA - Oktoba 14, 2026: Zaidi ya waendesha baiskeli 200 walioshiriki Vodacom Nyerere Cycling Tour 2026 wamehitimisha safari ya kilomita 1,450 kutoka Bagamoyo hadi Mwitongo, wilayani Butiama, mkoani Mara, ikiwa ni sehemu ya juhudi za kuenzi urithi wa Hayati Baba wa Taifa, Mwalimu Julius Kambarage Nyerere, na kuhamasisha maendeleo ya jamii kupitia michezo.

Waendesha baiskeli wakiingia nyumbani kwa Hayati Baba wa Taifa, Mwalimu Julius Kambarage Nyerere, katika kijiji cha Mwitongo, Butiama, mkoani Mara, wakati wa kuhitimisha msafara wa Vodacom Nyerere Cycling Tour 2026. Msafara huo, uliodhaminiwa na Vodacom Tanzania PLC, uliwashirikisha zaidi ya waendesha baiskeli 200.

Msafara huo ulidhaminiwa na Vodacom Tanzania PLC na kuwakutanisha waendesha baiskeli pamoja na wawakilishi wa kampuni mbalimbali katika kuadhimisha mchango wa Mwalimu Nyerere kwa taifa na kuendeleza misingi ya maendeleo aliyoisimamia.

Madaraka Nyerere (katikati), mtoto wa Hayati Baba wa Taifa, Mwalimu Julius Kambarage Nyerere, akiwa katika picha ya pamoja na viongozi wa Vodacom Tanzania PLC na Stanbic Bank Tanzania wakati wa kilele cha Vodacom Nyerere Cycling Tour 2026, iliyohitimishwa Butiama, mkoani Mara. Msafara huo, unaodhaminiwa na Vodacom Tanzania PLC, ulilenga kuenzi fikra za Mwalimu Nyerere kupitia michezo na miradi ya maendeleo ya jamii.

Waendesha baiskeli walihitimisha safari yao nyumbani kwa Hayati Mwalimu Nyerere, katika kijiji cha Mwitongo, Butiama, ambako walishiriki shughuli mbalimbali za kumbukumbu ya kifo cha Baba wa Taifa.

Hafla hiyo ilihudhuriwa na Madaraka Nyerere, mtoto wa Hayati Mwalimu Nyerere, pamoja na viongozi na wafanyakazi wa Vodacom Tanzania PLC na Stanbic Bank Tanzania.

Vodacom Nyerere Cycling Tour 2026 inalenga kuendeleza urithi wa Mwalimu Nyerere kupitia michezo na miradi ya maendeleo ya jamii, huku ikihamasisha maisha yenye afya, mshikamano na ushiriki wa jamii katika shughuli za maendeleo.

DIAMOND TRUST BANK TANZANIA MARKS CUSTOMER SERVICE WEEK WITH HIGH-IMPACT TAX AND BUSINESS SEMINAR

DTB Chief Executive Officer, Mr. Ravneet Chowdhury, emphasises the importance of strategic partnerships in delivering value beyond traditional banking services.

Dar es Salaam - October 15, 2026: Diamond Trust Bank Tanzania (DTB) has marked Customer Service Week 2026 with a Tax and Business Seminar aimed at equipping corporate and prestige banking clients with insights into emerging tax developments, business trends and regulatory changes.

Held on October 8, 2026, at DTB Head Office in Dar es Salaam, the seminar was organised in collaboration with RSM Tanzania under this year’s Customer Service Week theme, “The Extra Mile.”

RSM Tanzania Managing Partner, Lina Ratansi, shares insights into the evolving tax landscape.

The event brought together the bank’s Corporate and Prestige Banking clients for discussions on key tax developments and business trends shaping Tanzania, the region and the global marketplace.

Participants gained insights intended to help them navigate the evolving regulatory and economic environment, strengthen compliance and identify opportunities for sustainable business growth.

DTB colleagues and guests network during the Tax & Business Seminar, held in partnership with RSM Tanzania at DTB Head Office in Dar es Salaam, as part of Customer Service Week celebrations under the theme “The Extra Mile.”

The seminar also provided a platform for clients to engage directly with tax and business experts, exchange experiences with industry peers and gain practical perspectives on emerging opportunities and challenges across various sectors.

Through the engagement, DTB reaffirmed its commitment to supporting clients beyond traditional banking services by providing access to relevant knowledge and expertise that can inform business decisions and contribute to long-term success.

NMB, UNIVERSITY OF DAR ES SALAAM STRENGTHEN PARTNERSHIP TO NURTURE YOUNG TALENT

University of Dar es Salaam (UDSM) Vice-Chancellor Professor William Anangisye (third left) and NMB Bank Head of HR Shared Services Joseph Ngalawa (third right) join outstanding student Abdallah Hussein Sharif (centre) after the presentation of his academic excellence certificate during the NMB Best Student Awards 2025/2026 ceremony held on October 12, 2026. The awards form part of the NMB–UDSM partnership running through 2029.

Ten outstanding University of Dar es Salaam (UDSM) students pose with university and NMB Bank officials after being recognised for their academic achievements during the NMB Best Student Awards 2025/2026 ceremony. The initiative forms part of a five-year partnership running through 2029 to promote academic excellence and young talent development.

DAR ES SALAAM, October 13, 2026: NMB Bank and the University of Dar es Salaam (UDSM) are strengthening their partnership to promote academic excellence, nurture young talent and prepare graduates for the job market under a five-year cooperation agreement running through 2029.

The partnership, which began in 2023, has seen the NMB Best Student Awards programme expand from recognising three students at the University of Dar es Salaam Business School to honouring 10 outstanding students across different academic disciplines.

Speaking during the NMB Best Student Awards 2025/2026 ceremony held on October 12, NMB Head of HR Shared Services, Joseph Ngalawa, said the partnership reflects the bank’s commitment to supporting higher education and equipping young Tanzanians with skills relevant to the workplace.

He said recognising academic excellence should go hand in hand with preparing graduates for the demands of professional life.

“When we started in 2023, the programme recognised three outstanding students from the Business School. Through our partnership with UDSM, we have expanded that recognition to 10 students across different academic programmes,” Ngalawa said.

He explained that NMB has also supported more than 150 graduates through career-readiness initiatives designed to familiarise participants with banking procedures, workplace ethics and professional communication.

EQUITY BANK YARAHISISHA MALIPO YA SERIKALI KIDIJITALI KUPITIA EQUITY MOBILE APP

Equity Bank Tanzania imeendelea kurahisisha upatikanaji wa huduma za kifedha kwa kuwawezesha wateja kufanya malipo ya serikali kidijitali kupitia Equity Mobile App, kwa haraka na usalama popote walipo nchini.

Kupitia huduma hiyo, wateja wanaweza kukamilisha malipo yao bila kulazimika kutembelea benki, hatua inayookoa muda na kuongeza urahisi katika matumizi ya huduma za kifedha.

Ili kufanya malipo, mteja anatakiwa kufungua Equity Mobile App, kubofya sehemu ya “Muamala”, kuchagua “Malipo ya Serikali” na kuingiza Control Number ili kukamilisha muamala.

Equity Bank inawahimiza wateja kupakua Equity Mobile App au kupiga *150*07# ili kufurahia huduma za kifedha zilizo rahisi, salama na zinazopatikana popote walipo.

AFRIMMA WAMEMPA TUZO, 1245 WANAMPA JUKWAA! MARIOO NDANI YA 4PLAYS

Mwenye tuzo anakuja, wenye kelele mmejipanga? Marioo ametangazwa kujiunga na line-up ya 4Plays, sherehe za miaka minne ya 1245, zitakazofanyika Oktoba 17, Superdome Arena, Masaki.

Baada ya kutwaa tuzo ya Best Male East Africa kwenye AFRIMMA 2026, Marioo anakuja na sababu nyingine ya mashabiki kusherehekea. Kutoka kumpongeza kwenye comments hadi kuimba naye mbele ya jukwaa, Superdome itachimbika!

Staa huyo anaungana na Young Jonn kutoka Nigeria kwenye line-up inayofanya kauli ya “nitaona kama nitakuja” kuwa ngumu kuitetea. Bongo Flava na Afrobeats zinakutana kwenye usiku mmoja wa kusherehekea miaka minne ya 1245.

Sherehe hizo zinaungwa mkono na Air Tanzania, Clouds Media, Johari Rotana, Heineken na Don Julio, kuongeza nguvu kwenye burudani hiyo inayosubiriwa kwa hamu.

Birthday ni ya 1245, lakini zawadi ni ya mashabiki! Nunua tiketi kupitia 4plays.1245tz.com au wasiliana kupitia 0748 211 245.

Oktoba 17, Dar es Salaam itasimama. Utakuwepo au itahadithiwa? Hii ni Chess sio Checkers

STANBIC BANK TO FINANCE TANZANIA’S COFFEE VALUE CHAIN AS EXPORT EARNINGS MORE THAN DOUBLE

Stanbic Bank Tanzania’s Head of Agribusiness, Benifrida Tarimo (right), receives a certificate of participation from Moshi District Commissioner, Godfrey Mnzava (second left), in recognition of the Bank’s participation in the Kahawa Festival 2026, held in Moshi, Kilimanjaro Region. Looking on is Tanzania Coffee Board (TCB) Chairperson, Prof. Aurelia Kamuzora (left).

MOSHI, Tanzania - October 8, 2026: Stanbic Bank Tanzania has committed to financing stakeholders across Tanzania’s coffee value chain, from farmers, aggregators and processors to exporters and international buyers, as the country’s coffee export earnings more than double.

According to the Bank of Tanzania’s Monthly Economic Review for July 2026, Tanzania earned USD 391.7 million from coffee exports in the year ending June 2026, up from USD 164.3 million in 2022. The August 2026 review put earnings at USD 396 million for the year ending July 2026.

Stanbic reaffirmed its commitment during the Kahawa Festival, held in Moshi from October 8 to 10, 2026, under the theme “Growing Coffee. Creating Value. Connecting Tanzania to International Markets.”

Speaking about the initiative, Stanbic Bank Tanzania Head of Agribusiness, Benifrida Tarimo, said Tanzanian coffee has significant potential to compete in international markets, with the bank ready to support stakeholders seeking to expand their businesses.

“Tanzania’s coffee is ready for the world. Our role is to be the growth partner behind it, connecting producers, aggregators, processors and commodity traders with the finance they need to invest in production, add value and compete for export markets,” said Tarimo.

Stanbic offers tailored financial solutions to meet the needs of different players across the coffee value chain. These include financing for farm expansion and mechanisation, processing facilities, warehouses, working capital, trade finance and export transactions.

The solutions are designed to help farmers expand production and improve quality, enable cooperatives to pay farmers promptly and store their produce properly, and allow exporters to fulfil larger orders while managing costs between shipment and payment.