FROM GRADUATE TRAINEE TO HEAD OF TRADING: STANBIC SHOWCASES INVESTMENT IN YOUNG TANZANIANS AT GLOBAL YOUTH SUMMIT

Farid Ally’s career journey highlights how Stanbic Bank Tanzania is nurturing young talent and developing future leaders through its graduate trainee programme.

Dar es Salaam, Tanzania – November 11, 2026: Stanbic Bank Tanzania has showcased its commitment to developing young Tanzanian talent at the 2026 One Young World Summit held in Cape Town, South Africa, through the inspiring career journey of its Head of Trading, Farid Ally, who rose from graduate trainee to a senior leadership position within the bank.

The summit, which brought together young leaders from more than 190 countries, took place from November 3 to 6, 2026. It marked the first time the global youth leadership gathering had returned to Africa since Johannesburg hosted it in 2013.

Standard Bank Group, Africa’s largest bank by assets and the parent company of Stanbic Bank Tanzania, partnered with the summit and sponsored its closing ceremony. The Group also sponsored 61 young delegates, including a special delegation of 30 graduate programme alumni and current graduates, among them participants from East Africa.

The initiative comes as Standard Bank Group approaches the 30th anniversary of its Graduate Development Programme, which has played an important role in nurturing young professionals and developing future leaders across its markets.

For Farid Ally, the summit was an opportunity to reflect on a career journey that demonstrates the opportunities created when organisations invest in young people.

“I joined Stanbic as a graduate trainee with a degree and a lot of questions. The people around me gave me room to learn, to make mistakes and to take on more responsibility each year. In Cape Town I met young people from every part of the world with that same hunger, and I came home convinced that young Tanzanians can compete with anyone when someone believes in them,” said Ally.

Investing in Tanzania's Young Workforce

Stanbic's investment in young talent comes at a time when youth employment and skills development remain important priorities for Tanzania's economic transformation.

NCBA BANK PLANTS 20,000 TREES ACROSS TANZANIA THROUGH "CHANGE THE STORY - BADILISHA SIMULIZI" INITIATIVE

The latest exercise saw 3,000 trees planted at Somangira Secondary School in Kigamboni, Dar es Salaam, in partnership with TEEMO.

Dar es Salaam, November 12, 2026 – NCBA Bank Tanzania has supported the planting of more than 20,000 trees across the country in 2026, following a final exercise that saw 3,000 trees planted at Somangira Secondary School in Kigamboni, Dar es Salaam.

The exercise, conducted in partnership with the Tanzania Environment and Empowerment Movement (TEEMO), marked the conclusion of the bank’s 2026 tree-planting campaign under its Change the Story – Badilisha Simulizi initiative.

The campaign covered four locations: Arusha, Kisarawe, Zanzibar and Dar es Salaam. More than 2,000 trees were planted in Arusha, over 2,000 in Kisarawe, while Zanzibar received more than 13,000 mangrove seedlings. The latest exercise in Kigamboni added another 3,000 trees to the campaign.

Speaking during the exercise, NCBA Bank Tanzania Managing Director, Alex Mziray, said environmental conservation was an important part of the bank’s responsibility to the communities it serves.

“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. Through Change the Story – Badilisha Simulizi, we are taking practical steps to contribute to a greener and more sustainable future for Tanzania,” he said.

 

Mziray added that partnerships with environmental organisations and community institutions were essential in strengthening conservation efforts and ensuring that environmental initiatives delivered lasting benefits.

AIRTEL YATEMBELEA TUME YA ULINZI WA TAARIFA BINAFSI, YAIMARISHA USALAMA WA TAARIFA ZA WATEJA

Mkurugenzi Mkuu wa Tume ya Ulinzi wa Taarifa Binafsi (PDPC), Dkt. Emmanuel Mkilia (kulia), akimkaribisha kwa salamu Mkurugenzi Mtendaji wa Airtel Tanzania, Bw. Charles Kamoto, wakati wa ziara yake katika ofisi za Tume jijini Dodoma.

Dodoma, Novemba 10, 2026 – Kampuni ya Airtel Tanzania imesisitiza dhamira yake ya kuendelea kuimarisha mifumo ya ulinzi wa taarifa binafsi za wateja ili kuhakikisha usalama wa huduma zake za kidijitali na kuendelea kutoa huduma bora.

Dhamira hiyo imetolewa na Mkurugenzi Mtendaji wa Airtel Tanzania, Charles Kamoto, wakati wa ziara maalum ya heshima katika ofisi za Tume ya Ulinzi wa Taarifa Binafsi (PDPC), ambapo alikutana na Mkurugenzi Mkuu wa Tume hiyo, Dkt. Emmanuel Lameck Mkilia, pamoja na viongozi wengine.

Katika ziara hiyo, Kamoto aliishukuru Tume kwa mwongozo na ushirikiano inaoutoa kwa Airtel katika kuhakikisha kampuni inazingatia matakwa ya mfumo wa ulinzi wa taarifa binafsi. Alieleza kuwa mafunzo na miongozo iliyotolewa kwa wafanyakazi wa Airtel imekuwa na mchango mkubwa katika kuongeza uelewa kuhusu namna sahihi ya kuchakata, kuhifadhi na kushughulikia taarifa za wateja.

Alisisitiza kuwa ulinzi wa taarifa binafsi haupaswi kuonekana kama suala la kutimiza matakwa ya kisheria pekee, bali ni sehemu muhimu ya uendeshaji wa biashara na kujenga uhusiano wa kudumu na wateja.

“Kwa Airtel Tanzania, kulinda taarifa binafsi si wajibu wa kutimiza matakwa ya kisheria pekee, bali ni jukumu la msingi na sehemu muhimu ya namna tunavyoendesha biashara yetu. Kulinda taarifa za wateja ni muhimu katika kujenga na kudumisha imani pamoja na mahusiano ya muda mrefu,” alisema Kamoto.

Aliongeza kuwa kampuni hiyo inaendelea kuwekeza katika mafunzo na programu za uhamasishaji kwa wafanyakazi wake, sambamba na kuweka sera na mifumo ya ndani inayolenga kuhakikisha kuwa masuala ya ulinzi wa taarifa binafsi yanazingatiwa katika shughuli zote za kila siku.

AIRTEL TANZANIA REAFFIRMS COMMITMENT TO CUSTOMER DATA PROTECTION

Personal Data Protection Commission Director General, Dr Emmanuel Mkilia (right), greets Airtel Tanzania Managing Director, Mr Charles Kamoto, during Mr Kamoto’s visit to the Commission’s offices in Dodoma.

Airtel Tanzania Managing Director Charles Kamoto highlights data privacy as a fundamental responsibility in building customer trust and ensuring business sustainability.

Dodoma, November 10, 2026 – Airtel Tanzania has reaffirmed its commitment to protecting customers’ personal information, underscoring the importance of data privacy in building trust, strengthening accountability and ensuring long-term business sustainability.

The commitment was reiterated during a courtesy visit by Airtel Tanzania Managing Director, Charles Kamoto, to the Personal Data Protection Commission (PDPC), where he met with the Commission’s Director General, Dr Emmanuel Lameck Mkilia, and other senior officials.

The visit provided an opportunity for Airtel Tanzania to acknowledge the Commission’s guidance and support in implementing Tanzania’s personal data protection framework, including training programmes designed to strengthen employees’ understanding of responsible data handling.

Speaking during the visit, Kamoto said data protection was an integral part of the company’s operations, extending beyond regulatory compliance to safeguarding customer trust and promoting accountability.

“At Airtel Tanzania, protecting personal data is not merely a compliance obligation; it is a fundamental responsibility and an integral part of how we do business. Safeguarding customer information is essential to maintaining trust and building lasting relationships with our customers and stakeholders,” he said.

He added that the company continued to invest in employee awareness and capacity-building initiatives, supported by internal policies and frameworks aimed at embedding data protection practices across its operations.

TPA YAMSHUKURU RAIS SAMIA KWA UWEKEZAJI WA ZAIDI YA SHILINGI BILIONI 60 KATIKA BANDARI ZA ZIWA VICTORIA

MWANZA - Mamlaka ya Usimamizi wa Bandari Tanzania (TPA) imemshukuru Rais wa Jamhuri ya Muungano wa Tanzania, Dkt. Samia Suluhu Hassan, kwa uwekezaji wa zaidi ya Shilingi bilioni 60 katika kuboresha bandari za Mwanza Kaskazini, Bukoba na Kemondo, hatua inayolenga kuimarisha usafirishaji wa abiria na mizigo, kurahisisha biashara na kuchochea ukuaji wa uchumi katika Ukanda wa Ziwa Victoria.

Shukrani hizo zimetolewa jijini Mwanza na Meneja wa Bandari za Ziwa Victoria, Rosemary Ndesamburo, kwa niaba ya Mkurugenzi Mkuu wa TPA, Plasduce Mbossa. Amesema uwekezaji huo ni sehemu ya juhudi za Serikali za kuimarisha miundombinu ya usafiri wa majini na kuongeza fursa za kiuchumi kwa wananchi.

Ndesamburo amesema maboresho ya Bandari ya Mwanza Kaskazini yalianza Mei 2023 kwa gharama ya Shilingi bilioni 18.6 na hadi sasa yamefikia asilimia 83 ya utekelezaji. Mradi huo unatarajiwa kukamilika mwishoni mwa mwaka 2026.

Ameeleza kuwa maboresho ya Bandari za Bukoba na Kemondo yamekamilika kwa asilimia 100, hatua inayotarajiwa kuongeza ufanisi wa huduma za usafiri wa majini katika maeneo hayo.

20 TANZANIAN ENTREPRENEURS JOIN AFROGREEN 3.0 AS WESTERWELLE STARTUP HAUS ARUSHA MARKS FOUR YEARS

Swiss Government-supported programme enters its third cohort, focusing on investment readiness, green jobs and opportunities for women entrepreneurs.

Arusha, Tanzania, 30 October 2026: Westerwelle Startup Haus Arusha (WSHA) has marked four years of supporting entrepreneurs in northern Tanzania with the launch of the third cohort of AfroGreen, a nine-month programme bringing together 20 Tanzanian businesses developing solutions to climate-related challenges.

Co-financed by the Embassy of Switzerland in Tanzania and the Westerwelle Foundation in Germany, AfroGreen supports businesses operating in renewable energy, the circular economy, climate-smart agriculture, climate adaptation and sustainable value chains. Eight of the selected businesses (40 per cent) are women-led, with 15 based in Arusha and five in Dar es Salaam and Iringa.

The new cohort builds on the first two editions, which supported 30 startups, contributed to the creation of 42 jobs and mobilised more than €132,000. Through the latest programme, all 20 businesses will receive support to prepare for fundraising and measure their climate impact, while the programme targets the creation of at least 40 new jobs and securing two to three investment commitments.

For WSHA, the programme reflects the evolution of its support for entrepreneurs towards helping businesses grow and attract investment.

VODACOM TANZANIA NET PROFIT SURGES 182.7% TO TZS 117.8 BILLION AS M-PESA DRIVES GROWTH

Dar es Salaam; November 6, 2026 – Vodacom Tanzania PLC has recorded a remarkable financial performance, with net profit after tax surging by 182.7 per cent to TZS 117.8 billion during the first half of the 2026 financial year, supported by strong growth in mobile financial services, data revenue and an expanding customer base.

According to the company's interim financial results for September 2026, the telecommunications operator's performance reflects increasing contributions from digital financial services, particularly M-Pesa, alongside sustained growth across its telecommunications business.

Total service revenue increased by 20.8 per cent to TZS 1.067 trillion, driven by growth across mobile money, data, voice and fixed connectivity services.

The company's customer base expanded by 17 per cent to 29.22 million, accompanied by an increase in average revenue per user (ARPU), reflecting stronger customer engagement and growing consumption of digital services.

M-Pesa Remains a Key Growth Driver

M-Pesa continued to be Vodacom Tanzania's largest individual revenue contributor, generating TZS 443.3 billion, representing an increase of 26.2 per cent compared with the corresponding period.

The growth reflects increasing adoption of digital financial services, extending beyond traditional mobile money payments into lending and savings solutions, further strengthening M-Pesa's position in Tanzania's expanding digital financial services market.

Mobile data was another significant growth driver, with revenue increasing by 24.6 per cent to TZS 319.2 billion, reflecting rising demand for internet connectivity and digital services.

Increased Investment in Network Infrastructure

Vodacom Tanzania also significantly increased its capital expenditure, which rose by 58.9 per cent to TZS 246 billion during the six-month reporting period.

The investment focused on network modernisation, geographical coverage expansion, capacity improvements and information technology infrastructure.

According to Managing Director Philip Besiimire, the investments are intended to strengthen network resilience, improve service quality and position the company for future growth.

"Our results demonstrate strong and diversified revenue growth, improved profitability and stronger cash generation, despite a significant increase in investment. This performance strengthens our capacity to invest in the business and deliver shareholder returns," he said.

The investments have supported the expansion of Vodacom's combined fourth- and fifth-generation (4G and 5G) network footprint, contributing to improved network capacity as mobile data consumption continues to increase.

BOLT BUSINESS YAREKODI UKUAJI WA ASILIMIA 71 TANZANIA, YALENGA KUPANUA HUDUMA KWA MAKAMPUNI

Dar es Salaam – Kampuni ya Bolt Business imerekodi ukuaji wa mapato wa zaidi ya asilimia 71 mwaka hadi mwaka nchini Tanzania, huku ikiendelea kupanua huduma zake kwa kampuni zinazotafuta suluhisho bora za usafiri wa kibiashara.

Ukuaji huo uliangaziwa wakati wa Jukwaa la Usafiri wa Biashara (Business Mobility Forum), lililoandaliwa na Bolt Business katika Mgahawa wa Barraca, jijini Dar es Salaam, na kuwajumuisha watendaji wa kampuni, viongozi na wataalamu kutoka sekta mbalimbali.

Jukwaa hilo lilijadili mabadiliko ya matumizi ya usafiri katika biashara, likisisitiza umuhimu wa kuutazama usafiri si kama gharama ya kawaida ya uendeshaji, bali kama sehemu ya miundombinu inayochochea tija, ufanisi na ukuaji wa biashara.

Bolt Business Yashuhudia Ukuaji wa Mapato

Tangu kuanzishwa kwake nchini Tanzania, Bolt Business imeendelea kupanua shughuli zake, ikirekodi ukuaji wa mapato wa zaidi ya asilimia 71 mwaka hadi mwaka, pamoja na ukuaji mkubwa mwaka 2022.

Mafanikio hayo yanaonesha kuongezeka kwa mahitaji ya kampuni ya mifumo bora ya kusimamia safari za kikazi, ikiwemo usafiri wa wafanyakazi kwenda kwenye mikutano na shughuli nyingine za kibiashara.

Akizungumza katika jukwaa hilo, Meneja mpya wa Bolt Business Tanzania, Cynthia Ponera, alisema ukuaji huo umetokana na mabadiliko ya mtazamo wa kampuni kuhusu umuhimu wa usafiri katika shughuli za biashara.

Alisema kampuni nyingi sasa zinatambua kuwa namna wafanyakazi wanavyosafiri na kufika kwenye mikutano ina mchango katika kuongeza ari, kujiamini na ufanisi wao kazini.

VODACOM YAZINDUA M-PESA MCHEZO KURAHISISHA USIMAMIZI WA UPATU KIDIJITALI

Kaimu Mkurugenzi wa M-Pesa wa Vodacom Tanzania, Tulisindo Mlupilo (kushoto), Mkurugenzi wa Huduma za Kibenki kwa Wateja Binafsi wa Absa Bank Tanzania, Ndabu Lilian Swere (katikati), na Mkurugenzi wa Afropavo Limited, Rwebu Mutahaba, wakiwa katika picha ya pamoja wakati wa uzinduzi wa MCHEZO, huduma mpya ya kidijitali inayowawezesha Watanzania kuanzisha na kusimamia vikundi vya upatu kupitia M-Pesa.

Dar es Salaam, Novemba 10, 2026 – Vodacom Tanzania, kwa kushirikiana na Absa Bank Tanzania na Afropavo Limited, imezindua huduma mpya ya kidijitali inayojulikana kama M-PESA MCHEZO, inayolenga kurahisisha uanzishaji na usimamizi wa vikundi vya upatu kupitia mfumo wa M-Pesa.

Huduma hiyo inalenga kuimarisha uwazi katika usimamizi wa fedha za vikundi, kurahisisha ukusanyaji wa michango na kuwawezesha wanachama kufuatilia taarifa za miamala yao kwa njia ya kidijitali.

Kaimu Mkurugenzi wa M-Pesa wa Vodacom Tanzania, Tulisindo Mlupilo, akizungumza wakati wa uzinduzi wa M-PESA MCHEZO, huduma mpya ya kidijitali inayowawezesha Watanzania kuanzisha na kusimamia vikundi vya upatu kupitia M-Pesa.

Uzinduzi huo umefanyika jijini Dar es Salaam, ukihusisha viongozi na wadau kutoka kampuni hizo tatu, ikiwa ni sehemu ya juhudi za kupanua matumizi ya teknolojia katika huduma za kifedha na kuwezesha Watanzania kusimamia shughuli zao za kifedha kwa urahisi zaidi.

M-Pesa MCHEZO Kuimarisha Uwazi Katika Vikundi vya Upatu

Akizungumza wakati wa uzinduzi huo, Kaimu Mkurugenzi wa M-Pesa wa Vodacom Tanzania, Tulisindo Mlupilo, alishiriki katika kutambulisha huduma hiyo mpya inayowawezesha Watanzania kuanzisha na kusimamia vikundi vya upatu kupitia M-Pesa.

Kupitia M-PESA MCHEZO, wanachama wa vikundi wanaweza kuchangia fedha na kufuatilia michango pamoja na taarifa za miamala, hatua inayotarajiwa kurahisisha usimamizi wa fedha na kuongeza uwazi katika shughuli za vikundi.

Meneja wa Huduma Mpya za Kifedha wa M-Pesa, Brenda Msola, akielezea namna huduma mpya ya kidijitali ya M-PESA MCHEZO, inayowawezesha Watanzania kuanzisha na kusimamia vikundi vya upatu kupitia M-Pesa, inavyofanya kazi.

Huduma hiyo pia inalenga kupunguza changamoto zinazoweza kujitokeza katika usimamizi wa michango kwa kutumia mifumo ya kawaida, ikiwemo ugumu wa kufuatilia malipo na kumbukumbu za miamala.

Jinsi ya Kujiunga na Kutumia M-Pesa MCHEZO

Meneja wa Huduma Mpya za Kifedha wa M-Pesa, Brenda Msola, alielezea namna huduma hiyo inavyofanya kazi na hatua zinazopaswa kufuatwa na wateja wanaotaka kuitumia.

Kwa mujibu wa maelezo yaliyotolewa wakati wa uzinduzi, wateja wanaweza kupata huduma hiyo kwa kufuata hatua zifuatazo:

1. Kupiga *150*00# kupitia simu ya mkononi.
2. Kuchagua sehemu ya Huduma za Kifedha.
3. Kuchagua huduma ya M-PESA MCHEZO.
4. Kuanzisha kikundi kipya cha upatu au kujiunga na kikundi kilichopo.
5. Kuchangia fedha na kufuatilia michango pamoja na taarifa za miamala ya kikundi.

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

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

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

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

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

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

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

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

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

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

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

NMB Pledges Support for Cashew Industry

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

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

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

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

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

BoT Moves to Address Collateral Challenges

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

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

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

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

Two Government-Backed Schemes Supporting Businesses

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

AIRTEL TANZANIA YAIMARISHA MAWASILIANO BAGAMOYO, YAZINDUA MNARA MPYA

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

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

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

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

AIRTEL TANZANIA EXTENDS NETWORK COVERAGE WITH NEW TOWER IN BAGAMOYO

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

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

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

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

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

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

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

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

Wapandaji 22 Waanza Safari ya Kilimanjaro

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

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

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

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

Ushirikiano na Ustahimilivu Katika Kukuza Sekta ya Bima

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

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

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

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

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

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

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

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

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

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

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

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

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

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

SWISSPORT YAWEKEZA KITUO CHENYE UWEZO WA KUHIFADHI TANI 180

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Bolt Partners with Barraca Restaurant to Launch Dine and Ride Campaign

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

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

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