Foreign Exchange Rates

Absa Loan Campaign_160426

Absa Loan Campaign_160426

CRDB Bank Advert_070325

Wednesday, 15 July 2026

NMB WINS GLOBAL AWARD FOR DIGITAL INSURANCE INNOVATION

NMB Bank Plc Head of Bancassurance, Martine Massawe (left) presents the Best Bancassurance Innovation and Partner of the Year – Tanzania 2026 award to the Bank’s Chief Retail Banking, Filbert Mponzi (right). The World Economic Magazine award was announced in May 2026 by the Delaware, United States-based organisation.

DAR ES SALAAM – NMB Bank Plc has received international recognition for its leadership in digital insurance after being named Best Bancassurance Innovation and Partner of the Year – Tanzania 2026 by World Economic Magazine, highlighting the Bank's commitment to expanding access to insurance through technology-driven solutions and strategic partnerships.

The award, announced in May 2026 by the Delaware, United States-based publication, acknowledges NMB's efforts to transform insurance distribution by making products more accessible, affordable and convenient for millions of Tanzanians.

RECOGNISING DIGITAL TRANSFORMATION IN INSURANCE

The recognition comes at a time when Tanzania continues to strengthen its insurance sector by promoting wider financial inclusion and increasing insurance uptake through digital channels.

According to the Tanzania Insurance Regulatory Authority (TIRA), insurance penetration rose to 2.08 percent of Gross Domestic Product (GDP) in 2024, up from 2.01 percent in 2023, reflecting steady market growth while also highlighting the significant opportunity to expand insurance coverage across the country.

NMB's latest award reinforces the important role that banks can play in bridging the insurance gap by integrating insurance services into everyday banking experiences.

JIRANI CHATBOT DRIVES DIGITAL INSURANCE ACCESS

One of the innovations behind the award is JIRANI, NMB's WhatsApp-based chatbot that enables customers to purchase insurance without visiting a branch.

Through the chatbot, customers can:

  • Purchase motor and group life insurance.
  • Complete policy enrolment.
  • Upload required documents.
  • Generate payment references.
  • Initiate insurance claims.

The digital platform significantly simplifies the insurance purchasing journey by allowing customers to complete the entire process using their mobile phones.

UMEBIMA MINI APP EXPANDS MOBILE INSURANCE SERVICES

NMB has further strengthened its digital insurance ecosystem through the UmeBima Mini App, integrated within the NMB Mkononi Super App.

The platform enables customers to conveniently access insurance products alongside their everyday banking services, making insurance a seamless part of digital financial management.

By embedding insurance within its mobile banking ecosystem, NMB is reducing barriers related to distance, paperwork and lengthy procedures that have traditionally limited insurance adoption.

LEADERSHIP REACTS TO THE GLOBAL RECOGNITION

NMB Chief of Retail Banking, Filbert Mponzi, said the international recognition validates the Bank's ongoing investment in technology and collaborative partnerships aimed at making insurance more inclusive.

"This award is a recognition of the work being undertaken by our team and partners to ensure that insurance services are simpler, more accessible and capable of reaching more Tanzanians," said Mponzi.

HOW SERENGETI BREWERIES IS INVESTING IN TANZANIA'S YOUTH TO BUILD A BETTER FUTURE

"The future belongs to those who prepare for it today." The famous words of Malcolm X continue to resonate, particularly as Tanzania seeks to harness the potential of one of Africa's youngest populations.

Every year, millions of young Tanzanians enter the labour market with ambition, determination and aspirations of building better lives. However, many face a common challenge—not a lack of talent, but limited access to practical skills, workplace experience and opportunities that bridge the gap between education and employment.

As the world commemorates World Youth Skills Day, the focus extends beyond employment statistics. It is about equipping young people with the knowledge, confidence and practical experience needed to actively contribute to Tanzania's economic transformation. Achieving this requires a collaborative approach involving government, educational institutions and the private sector.

SBL'S COMMITMENT TO YOUTH EMPOWERMENT

For Serengeti Breweries Limited (SBL), investing in youth development has become a cornerstone of its commitment to sustainable development. Beyond producing some of Tanzania's most recognised beverage brands, the company has consistently invested in programmes that prepare young people for meaningful careers in sectors critical to the country's future.

Through initiatives such as the Kilimo Viwanda Scholarship Programme and the Learning for Life Programme, SBL is helping young Tanzanians acquire practical skills, industry knowledge and professional confidence that enable them to succeed in agriculture, tourism and hospitality.

The company's philosophy is straightforward: when young people are equipped with the right skills, entire communities and the national economy benefit.

EMPOWERING FUTURE AGRICULTURAL LEADERS

SBL's Kilimo Viwanda Scholarship Programme has already supported more than 300 young Tanzanians from farming communities to pursue agricultural education.

The programme enables students to gain modern farming techniques, agribusiness knowledge and sustainable agricultural practices before returning to their communities, where they contribute to improving productivity and promoting innovation across the agricultural sector.

For scholarship beneficiary Octavian Burchard, the programme transformed both his education and his outlook on agriculture.

"The scholarship allowed me to study agriculture without worrying about financial barriers. More importantly, it helped me understand that agriculture is one of Tanzania's biggest economic opportunities. I now have the knowledge to help farmers improve productivity while creating opportunities for myself and my community. I want young people to see agriculture not as a last option, but as a profession with endless possibilities."

MIAKA 50 YA SABASABA: VODACOM YADHIHIRISHA INAVYOCHOCHEA MAGEUZI YA KIDIGITALI NCHINI TANZANIA

Mkuu wa Idara ya Masoko na Uwezeshaji, Vodacom Tanzania Plc, Joseph Sayi (kulia) na Mkuu wa Kanda ya Dar es Salaam na Pwani wa kampuni hiyo, Happiness Shuma (kushoto) wakiwa wameshika tuzo zilizotolewa kwa Vodacom Tanzania kutambua mchango wake katika Maonesho ya 50 ya Kimataifa ya Biashara Dar es Salaam (SABASABA). Maonesho hayo yaliyofanyika Juni 28 hadi Julai 13, 2026, yaliipa Vodacom Tanzania fursa ya kuonyesha namna teknolojia inavyobadilisha maisha, kuwezesha huduma za kidijitali na kuimarisha nafasi yake kama kinara wa huduma za mawasiliano nchini. 

Rais wa Zanzibar na Mwenyekiti wa Baraza la Mapinduzi, Dkt. Hussein Ali Mwinyi (aliyekaa katikati), Waziri wa Viwanda na Biashara, Judith Kapinga (aliyekaa kushoto), na Mkurugenzi Mkuu wa TANTRADE, Latifa Khamis (aliyekaa kulia), wakiwa katika picha ya pamoja na wawakilishi wa kampuni mbalimbali, akiwemo Mkuu wa Kanda ya Dar es Salaam na Pwani wa Vodacom Tanzania Plc, Happiness Shuma (aliyevaa tisheti nyekundu), muda mfupi baada ya kufungwa kwa Maonesho ya 50 ya Biashara ya Kimataifa Dar es Salaam (SABASABA). Vodacom Tanzania Plc ilitambuliwa kama mshirika muhimu wa maonesho hayo baada ya kupewa tuzo mbili; Tuzo ya Nafasi ya Tatu kwa Mshindi wa Jumla wa Maonesho na Tuzo ya Nafasi ya Pili ya Udhamini, ikiwa ni ishara ya kutambua mchango wake katika kufanikisha maonesho hayo.
Meneja Masoko wa Kanda ya Dar es Salaam na Pwani wa Vodacom Tanzania Plc, Caleb Majo (kushoto), akitoa elimu kuhusu huduma zinazotolewa na Vodacom Tanzania wakati wa mahojiano maalumu na Azam Media katika Maonesho ya 50 ya Kimataifa ya Biashara Dar es Salaam (SABASABA). Maonesho hayo yaliyofanyika Juni 28 hadi Julai 13, 2026, yaliipa Vodacom Tanzania fursa ya kuonyesha namna teknolojia inavyobadilisha maisha, kuwezesha huduma za kidijitali na kuimarisha nafasi yake kama kinara wa huduma za mawasiliano nchini. Wengine ni Meneja Uhusiano wa Vodacom Tanzania Plc, Alex Bitekeye (wa pili kushoto), Mkuu wa Kanda ya Dar es Salaam na Pwani wa Vodacom Tanzania Plc, Happiness Shuma (wa pili kulia), na Mtangazaji wa Azam Media, Jafar Mponda (kulia).
Mkuu wa idara ya Masoko na Uwezeshaji wa Vodacom Tanzania Plc, Joseph Sayi (wa sita kushoto), na Mkuu wa Kanda ya Dar es Salaam na Pwani wa kampuni hiyo, Happiness Shuma (wa sita kulia) wakiwa katika picha ya Pamoja na wafanyakazi wengine wa Vodacom wakiwa wa wameshika tuzo zilizotolewa kwa Vodacom Tanzania kutambua mchango wake katika Maonesho ya 50 ya Kimataifa ya Biashara Dar es Salaam (SABASABA) muda mfupi baada ya kufungwa rasmi kwa maonesho hayo. Kwa siku zote 13 za maonesho hayo Vodacom Tanzania ilishiriki fursa ya kuonyesha namna teknolojia inavyobadilisha maisha, kuwezesha huduma za kidijitali na kuimarisha nafasi yake kama kinara wa huduma za mawasiliano nchini.

Tuesday, 14 July 2026

TANZANIA BREWERIES CELEBRATES LOCAL BARS AS DRIVERS OF COMMUNITY CONNECTION & ECONOMIC GROWTH

As football fever continues to sweep across Tanzania during the FIFA World Cup 2026™Tanzania Breweries Public Limited Company (TBL) is shining a spotlight on an often-overlooked contributor to the country's social and economic development—local bars.

Through its Cheers to Bars campaign, TBL is recognising the important role bars play as community gathering spaces, business enablers, and engines of local economic growth. Beyond serving beverages, these establishments create opportunities for entrepreneurs, generate employment, and support thousands of livelihoods across Tanzania's hospitality value chain.

BARS AT THE HEART OF COMMUNITY LIFE

Across the country, local bars have evolved into vibrant social hubs where people come together to celebrate, connect and share memorable experiences.

With football continuing to unite millions of fans, bars have become popular venues where supporters gather to watch matches, celebrate victories, and enjoy the camaraderie that the beautiful game inspires.

For many Tanzanians, football is about much more than what happens on the pitch. It's about the conversations before kick-off, the excitement after every goal, and the shared sense of belonging that comes from cheering alongside friends, family and fellow supporters.

FOOTBALL BRINGS COMMUNITIES TOGETHER

The power of these shared experiences was recently on display at Kitambaa Cheupe Bar in Sinza, Dar es Salaam, where football fans gathered to watch a FIFA World Cup quarter-final match.

The event demonstrated how neighbourhood bars transform global sporting events into local celebrations, creating an atmosphere of excitement, friendship and community spirit while bringing people together under one roof.

BOOSTING LOCAL ENTREPRENEURSHIP

Beyond entertainment, bars make a significant contribution to Tanzania's economy by supporting a wide network of businesses and service providers.

During major sporting events, increased customer traffic creates additional income opportunities for:

  • Bar owners and bartenders
  • Food vendors
  • Beverage distributors and suppliers
  • Transport providers
  • Security personnel
  • Entertainers and performers
  • Other small and medium-sized enterprises (SMEs)

This ripple effect extends well beyond the hospitality industry, helping strengthen local economies and supporting countless families whose livelihoods depend on the sector.

TBL REAFFIRMS ITS COMMITMENT TO THE HOSPITALITY SECTOR

The Cheers to Bars campaign reflects TBL's broader commitment to supporting Tanzania's hospitality industry while recognising the vital contribution made by small and medium-sized businesses to national development.

"Local bars are an important part of Tanzania's social and economic fabric. They support livelihoods, create opportunities for entrepreneurs and small businesses, and provide welcoming spaces where communities can come together. Through Cheers to Bars, we are celebrating these establishments and the people who keep them running, while encouraging consumers to enjoy responsibly," said Neema Temba, Director of Legal and Corporate Affairs at TBL.

Monday, 13 July 2026

IMF APPROVES US$443.9 MILLION FOR TANZANIA AFTER COMPLETING FINAL PROGRAMME REVIEWS

Minister for Finance, Ambassador Khamis Mussa Omar (right), speaks with the International Monetary Fund (IMF) Mission Chief, Mr. Nicolas Blancher, following successful completion of final reviews under the Extended Credit Facility (ECF) and the Resilience and Sustainability Facility (RSF) programmes. The IMF has approved the immediate disbursement of approximately 443.9 million US dollars (about 1.17tri/-) to Tanzania, to support economic growth and climate resilience initiatives.

The International Monetary Fund (IMF) has approved the immediate disbursement of approximately US$443.9 million to Tanzania following the successful completion of the final reviews under the Extended Credit Facility (ECF) and the Resilience and Sustainability Facility (RSF) programmes.

According to an IMF statement issued on July 10, the approval follows the completion of the sixth and seventh reviews of the ECF programme and the third and fourth reviews of the RSF programme. The disbursement includes approximately US$154.1 million under the ECF and US$289.7 million under the RSF.

The ECF programme provides concessional financing to support Tanzania's economic reforms, strengthen productive sectors and improve social service delivery, while the RSF helps countries build resilience against climate change and enhance long-term sustainability.

TANZANIA'S ECONOMY REMAINS RESILIENT

The IMF noted that Tanzania's economy continues to demonstrate resilience despite global economic challenges. Real Gross Domestic Product (GDP) growth reached 5.9 percent in 2025 and is projected to increase to around 6.2 percent over the medium term, supported by continued expansion in the mining, agriculture and tourism sectors.

Macroeconomic stability has also remained strong, with inflation staying well below the national target. Inflation stood at 4.0 percent in June 2026, although the IMF cautioned that rising global oil prices continue to pose risks to the cost of living and the broader economy.

REFORMS SHOW POSITIVE PROGRESS

The IMF said implementation of Tanzania's economic reform agenda has been broadly satisfactory, with most programme performance targets achieved on schedule.

ECOBANK MARKS NATURE BOND LISTING AT THE LONDON STOCK EXCHANGE

Ecobank Transnational Incorporated marks the listing of its US$450 million Sustainable Agriculture & Natural Capital Bond at the London Stock Exchange Market Open Ceremony on 9 July 2026.
Ceremony marking the presentation of the commemorative glass plaque by the London Stock Exchange to Ecobank leadership, in the presence of Ruth Davis, the UK Government’s Special Representative for Nature.
From left to right: Jeremy Awori, Chief Executive Officer of Ecobank Group; Papa Madiaw Ndiaye, Chairman of Ecobank Group; and Charlie Walker, Deputy CEO, London Stock Exchange.

United Kingdom, London, 9 July 2026 – Ecobank Transnational Incorporated marked the listing of its US$450 million Sustainable Agriculture & Natural Capital Bond with a Market Open Ceremony at the London Stock Exchange.

The transaction is the world’s first ICMA-designated Nature Bond from a commercial bank – and globally the first use-of-proceeds green bond to carry ICMA’s Nature Bond secondary designation.

The bond is designed to support eligible lending across three categories – Sustainable Primary Production, Sustainable Agri-Processing, and Water Supply and Sanitation – in 24 markets within Ecobank’s operating footprint, with lending concentrated in nature- and biodiversity-priority markets. It also reflects Ecobank’s wider role in mobilising African and international capital for sectors central to Africa’s long-term resilience, including food systems, natural capital, supply chains and water systems.

Sunday, 12 July 2026

AIRTEL AFRICA TO CONNECT 5,000 SCHOOLS TO FREE INTERNET BY 2027

Airtel Africa Chief Executive Officer, Sunil Taldar.

Airtel Africa Foundation and UNICEF Expand Digital Education Across 13 African Countries

LUSAKA, Zambia; July 8, 2026 – Airtel Africa has reaffirmed its commitment to advancing digital education across the continent by announcing plans to connect 5,000 schools to free internet access by 2027 through the Airtel Africa Foundation, in partnership with the United Nations Children's Fund (UNICEF).

The announcement was made by Airtel Africa Chief Executive Officer, Sunil Taldar, during a visit to St. Monica's Girls' School, one of more than 300 schools already benefiting from the initiative in Zambia.

The ambitious programme forms part of a 57-million-US-dollar partnership launched in 2021 between the Airtel Africa Foundation and UNICEF to improve digital access to education across Africa.

MILLIONS OF LEARNERS ALREADY BENEFITING

Since the partnership began, significant progress has been achieved:

  • 3,296 schools connected to the internet across Africa.
  • More than 2 million learners benefiting from digital education.
  • Approximately 40,000 teachers supported through digital training.
  • 64 digital learning platforms zero-rated, enabling over 11 million users to access educational content free of data charges.

These achievements demonstrate the growing impact of digital connectivity in improving educational opportunities, particularly for children in underserved communities.

COMMITMENT TO MEANINGFUL CONNECTIVITY

Speaking during the school visit, Sunil Taldar said the initiative is transforming education by giving learners access to high-quality digital learning resources developed through collaboration between UNICEF and various Ministries of Education.

He noted that Airtel Africa is not only providing free internet connectivity but also ensuring teachers receive the necessary digital skills training to effectively integrate technology into classroom learning.

Thursday, 9 July 2026

TMRC LISTS INAUGURAL NYUMBA BOND ON DSE TO BOOST HOUSING FINANCE IN TANZANIA

Dar es Salaam, July 6th, 2026 - The Tanzania Mortgage Refinance Company (TMRC) has achieved a major milestone in the country's housing finance sector by listing its inaugural Nyumba Bond on the Dar es Salaam Stock Exchange (DSE). The listing represents an important step in deepening Tanzania's capital market while mobilising long-term domestic financing to expand access to affordable housing.

The bond attracted overwhelming investor interest during its Initial Public Offering (IPO), receiving verified subscriptions worth TZS 30.2 billion, representing an oversubscription rate of 151.18 percent against the initial target of TZS 20 billion. The strong demand reflects growing investor confidence in both TMRC and Tanzania's capital market.

FIRST HOUSING BOND UNDER TZS 100 BILLION PROGRAMME

The Nyumba Bond is TMRC's first housing bond issued under its Second TZS 100 Billion Medium-Term Note Programme, which is designed to mobilise long-term domestic capital to support mortgage lending and increase home ownership opportunities across Tanzania.

Speaking during the listing ceremony, TMRC Chief Executive Officer, Eribariki Ndossi, described the successful issuance as a significant achievement for both the institution and the country's housing finance market.

He noted that proceeds from the bond have already been deployed to refinance eligible mortgage lenders, improving liquidity, strengthening banks' long-term asset-liability management and enabling financial institutions to extend more mortgage loans to Tanzanians.

FIVE-YEAR BOND OFFERS ATTRACTIVE RETURNS

The five-year bond, launched in May 2026, carries a fixed annual coupon rate of 11 percent and will mature on 12 June 2031.

Initially offered at TZS 20 billion, the issue included a TZS 10 billion greenshoe option, increasing the total approved issue size to TZS 30 billion following strong investor demand.

According to Mr Ndossi, the bond's success demonstrates increasing investor confidence in TMRC's governance, business model and risk management framework while reaffirming the capital market's role in mobilising domestic savings for productive long-term investments.

DSE HISA KIGANJANI BOOSTS RETAIL PARTICIPATION

TMRC attributed the high level of retail investor participation to the DSE Hisa Kiganjani digital investment platform.

Approximately 117 individual investors subscribed through the platform, while 125 out of 138 registered investors were retail investors, accounting for nearly 90 percent of all subscribers.

The figures highlight the growing role of digital technology in expanding public access to investment opportunities within Tanzania's capital markets.

GOVERNMENT COMMENDS TMRC'S ROLE

Deputy Minister for Lands, Housing and Human Settlements Development, Kaspar Mmuya, praised TMRC for strengthening Tanzania's mortgage financing ecosystem.

He said the oversubscription demonstrates strong confidence from both institutional and individual investors, urging more Tanzanians to participate in capital market investments.

Mr Mmuya also emphasised that investment products such as the Nyumba Bond enable citizens to grow their savings while contributing to national economic development.

Wednesday, 8 July 2026

NMB YAWAWEZESHA WAKULIMA KUMILIKI MATREKTA KWA MALIPO YA AWAMU, YAONGEZA UFADHILI WA KILIMO

Meneja Mahusiano Kitengo cha Kilimo kutoka Makao Makuu ya Benki ya NMB, Elias Leasa (kushoto), akikabidhi funguo za trekta kwa Dustan Alan Bembati, mnufaika wa mpango wa ufadhili wa vifaa vya kilimo wa NMB, wakati wa makabidhiano yaliyofanyika katika Maonesho ya SabaSaba jijini Dar es Salaam.

SULUHISHO ZA KIFEDHA ZALENGA KUIMARISHA MNYORORO WA THAMANI WA KILIMO

Benki ya NMB imeendelea kuimarisha mchango wake katika kukuza sekta ya kilimo nchini Tanzania kwa kutoa suluhisho mbalimbali za kifedha zinazowawezesha wakulima, wafanyabiashara wa mazao na wadau wengine katika mnyororo wa thamani wa kilimo kupata mitaji kwa ajili ya uzalishaji, ununuzi wa mazao, uchakataji na upatikanaji wa masoko ya ndani na nje ya nchi.

Akizungumza katika Banda la NMB wakati wa Maonesho ya 50 ya Biashara ya Kimataifa ya Dar es Salaam (SabaSaba), Mkuu wa Idara ya Kilimo kwa Wateja Wakubwa wa Benki ya NMB, Christopher Mwalugenge, alisema benki hiyo inaendelea kubuni huduma zinazokidhi mahitaji ya wadau wa kilimo katika hatua mbalimbali za uzalishaji.

Alisema huduma hizo zimejikita zaidi katika kuwawezesha wakulima na wafanyabiashara wa mazao kupata fedha kwa wakati, hususan katika msimu wa mavuno ya mazao muhimu kama kahawa, tumbaku, ufuta na pamba.

Tunataka kuhakikisha wadau wa kilimo wanapata fedha na huduma zinazowawezesha kuongeza uzalishaji, kuboresha biashara zao na kufikia masoko yenye tija,” alisema Mwalugenge.

WAKULIMA WAWEZESHWA KUMILIKI MATREKTA NA MASHINE ZA KILIMO

Katika hatua nyingine, NMB imeendelea kuwezesha wakulima kumiliki zana za kisasa za kilimo, ikiwemo matrekta na mashine nyingine muhimu, kupitia utaratibu wa malipo ya awamu unaozingatia uwezo wa mkulima na msimu wa mavuno.

Meneja Mahusiano wa Kitengo cha Kilimo kutoka Makao Makuu ya NMB, Elias Leasa, alisema mpango huo unamwezesha mkulima kuanza kwa kulipa sehemu ndogo ya gharama ya kifaa na kuendelea kukamilisha malipo kwa awamu.

Alisema mkulima anaweza kuanza kwa kulipa asilimia 10 ya thamani ya trekta au mashine husika, kisha kuendelea na malipo kulingana na mzunguko wa mavuno ya mazao yake.

TANZANIA BREWERIES HONOURED WITH PRESIDENTIAL TAXPAYERS AWARD FOR CONTRIBUTION TO NATIONAL DEVELOPMENT

President Samia Suluhu Hassan presents the Presidential Taxpayers Award in the Manufacturing Sector to Tanzania Breweries Managing Director, Michelle Kilpin during the Tanzania Revenue Authority 30th anniversary ceremony at Mlimani City Conference Centre in Dar es Salaam on Wednesday 1 July 2026.

DAR ES SALAAM, Tanzania – July 8, 2026 – Tanzania Breweries Public Limited Company (TBL) has been honoured with the Presidential Taxpayers Award in the Manufacturing Sector, recognising the company's outstanding contribution to Tanzania's economy through tax compliance, local manufacturing, investment and job creation.

The prestigious award was presented by Samia Suluhu Hassan during the 30th anniversary celebrations of the Tanzania Revenue Authority at the Mlimani City Conference Centre on Wednesday, July 1, 2026.

RECOGNITION OF RESPONSIBLE CORPORATE CITIZENSHIP

The President's decision to personally present the awards for the second consecutive year underscores the Government's commitment to promoting tax compliance and recognising businesses that play a vital role in financing Tanzania's socio-economic development.

For TBL, the recognition extends beyond tax contributions. The brewer continues to create significant economic value through employment, support for local farmers, partnerships with suppliers, and investments that benefit communities across the country.

TBL REAFFIRMS COMMITMENT TO TANZANIA'S DEVELOPMENT

Speaking after receiving the award, Michelle Kilpin, Managing Director of TBL, said the recognition reflects the company's unwavering commitment to responsible business practices and national development.

"We are deeply honoured to receive this recognition from Her Excellency the President. Paying our taxes in full and on time is our responsibility as a Tanzanian company and part of our contribution to the nation's development.

This award belongs to our employees, farmers, suppliers, retailers and partners across the value chain. We remain committed to growing with Tanzania and being a dependable partner in the country's progress."

SUPPORTING LOCAL AGRICULTURE AND ECONOMIC GROWTH

TBL's extensive manufacturing operations continue to generate value across multiple sectors of the Tanzanian economy, supporting farmers, transporters, retailers, distributors and thousands of small businesses.

Through its local sourcing programme for barley and sorghum, the company has strengthened agricultural value chains, improved farmer livelihoods and enhanced local content by retaining more economic value within Tanzania.

SUSTAINABILITY REMAINS A KEY PRIORITY

Beyond its economic contribution, TBL continues to invest in sustainable business practices through initiatives focused on water stewardship, farmer development, responsible sourcing, circular packaging and recycling.

The company's Legal and Corporate Affairs Director, Neema Temba, said responsible business should be measured not only by compliance but also by its long-term impact on society.

"Responsible business must be measured by both compliance and impact. This honour reflects a simple principle we hold to every day. We believe in doing business openly, meeting our obligations and standing alongside the country that has been our home for decades.

TANZANIA'S CENTRAL BANK ACQUIRES 28 TONNES OF GOLD IN 18 MONTHS TO STRENGTHEN FOREIGN EXCHANGE RESERVES

Banjul, The Gambia – The Governor of the Bank of Tanzania (BoT), Emmanuel Tutuba, has revealed that the Central Bank has purchased and accumulated approximately 28 tonnes of gold over the past 18 months, valued at approximately US$3.68 billion (based on the previous day's international gold prices), equivalent to about TZS 9.76 trillion.

The gold acquisition forms part of the Government's broader strategy to strengthen Tanzania's foreign exchange reserves, support the value of the Tanzanian Shilling, enhance financial sector stability, and promote long-term economic growth.

BOT HIGHLIGHTS GOLD RESERVE STRATEGY AT AFRICAN CAUCUS 2026

Governor Tutuba made the remarks while participating in a high-level panel discussion on Central Bank Gold Operations during the African Caucus 2026 meetings of the World Bank and the International Monetary Fund in Banjul.

The annual gathering brings together representatives from 54 African countries, including finance ministers, central bank governors, policymakers, development partners, and international financial institutions to discuss Africa's key economic priorities and financial reforms.

GOLD PURCHASE PROGRAMME BOOSTS RESERVES AND FORMALISES MINING SECTOR

According to Governor Tutuba, the gold purchasing programme has delivered benefits beyond strengthening the country's reserve assets.

He explained that the initiative has helped Tanzania diversify its reserve holdings by adding physical gold as an alternative reserve asset while simultaneously encouraging greater formalisation within the mining sector.

The programme has also promoted financial inclusion among mineral traders, particularly artisanal and small-scale miners, with the Bank of Tanzania facilitating the opening of more than 4,000 bank accounts across various financial institutions.

This increased participation in the formal financial system is expected to improve transparency within the mining industry while expanding access to financial services for miners and gold traders.

MARKET-BASED PRICING ENCOURAGES GOLD SALES TO THE CENTRAL BANK

Governor Tutuba attributed the programme's success to the competitive pricing mechanism adopted by the Bank of Tanzania.

He noted that the Central Bank purchases gold at the prevailing London international gold market price and settles payments within 24 hours of completed transactions.

"We pay miners and gold traders promptly within 24 hours after the sale and at the London gold market price of the day. This has created a strong incentive for miners and traders to sell their gold to the Bank of Tanzania," Governor Tutuba said.

HALOTEL CELEBRATES SABASABA 2026 WITH "TECHNOLOGY FROM THE HEART" EXPERIENCE

DAR ES SALAAM, Tanzania – July 7, 2026 – As Tanzania commemorates Sabasaba 2026Halotel Tanzania is continuing to offer visitors an immersive digital experience at the 50th Dar es Salaam International Trade Fair (DITF) through cutting-edge technology, innovative digital services, entertainment, and exciting giveaways.

The telecommunications provider's pavilion has become one of the exhibition's key attractions, giving visitors the opportunity to explore Halotel's latest technology solutions while learning how digital innovation is transforming communication, business operations, and everyday financial transactions.

SHOWCASING ADVANCED DIGITAL SOLUTIONS

Visitors to the Halotel pavilion are experiencing a wide range of services, including 5G connectivityHalotel FibreValue Added Services (VAS), and HaloPesa mobile financial services.

The exhibition also serves as an educational platform where customers can gain practical insights into how these solutions enhance connectivity, improve business efficiency, and simplify digital payments and everyday transactions.

HALOPESA MARKS JOURNEY TOWARDS 10 YEARS

As HaloPesa approaches its 10th anniversary, Halotel reaffirmed its commitment to expanding digital financial inclusion by empowering Tanzanians with secure, convenient, and accessible mobile financial services.

The milestone reflects the company's continued investment in innovative financial technology aimed at supporting individuals, businesses, and communities across the country.

ENTERTAINMENT ADDS TO THE SABASABA EXPERIENCE

Beyond showcasing technology, Halotel has created an engaging atmosphere through interactive games, live entertainment, and promotional giveaways that continue to attract thousands of exhibition visitors.

Adding excitement to the celebrations, Halotel Brand Ambassador, Idriss Sultan joined visitors at the pavilion, interacting with fans and helping commemorate this year's Sabasaba celebrations.

Tuesday, 7 July 2026

HALOTEL YASHEREHEKEA SABASABA 2026 KWA KAULI MBIU YA "TEKNOLOJIA KUTOKA MOYONI"

DAR ES SALAAM, Julai 7, 2026 – Katika kuadhimisha Siku ya Sabasaba 2026, kampuni ya Halotel Tanzania imeendelea kuwapa Watanzania uzoefu wa kipekee katika Maonesho ya 50 ya Kimataifa ya Biashara ya Dar es Salaam (DITF) kupitia teknolojia za kisasa, huduma bunifu za kidijitali, burudani na zawadi mbalimbali.

Banda la Halotel limeendelea kuwa moja ya vivutio vikubwa katika maonesho hayo, likiwapa wageni fursa ya kujionea teknolojia na huduma mbalimbali zinazorahisisha mawasiliano, biashara na miamala ya kila siku.

HALOTEL YAONESHA UBUNIFU WA KIDIJITALI

Wageni wanaotembelea banda la Halotel wanapata fursa ya kujionea huduma za 5GHalotel FibreValue Added Services (VAS) pamoja na huduma za kifedha za HaloPesa.

Aidha, Halotel imeendelea kutoa elimu kwa wananchi kuhusu namna huduma hizi zinavyowawezesha kuwasiliana kwa urahisi, kukuza biashara zao na kufanya miamala ya kifedha kwa njia salama na rahisi kupitia teknolojia za kisasa.

HALOPESA YAKARIBIA KUTIMIZA MIAKA 10

Katika kuelekea maadhimisho ya miaka 10 ya HaloPesa, Halotel imeendelea kuthibitisha dhamira yake ya kuwawezesha Watanzania kupitia huduma za kifedha kidijitali zinazochochea ujumuishi wa kifedha na kuongeza upatikanaji wa huduma za kifedha kwa wananchi na wafanyabiashara.

Hatua hiyo inaonesha jitihada za kampuni katika kuendeleza ubunifu unaorahisisha maisha ya kila siku kwa kutumia teknolojia.

BURUDANI, MICHEZO NA ZAWADI ZAONGEZA MSISIMKO SABASABA

Mbali na kuonesha teknolojia na huduma zake, banda la Halotel limeendelea kuvutia maelfu ya wageni kupitia michezo mbalimbali, burudani za moja kwa moja na zawadi zinazotolewa kwa washiriki.

Msisimko huo umeongezwa na uwepo wa Balozi wa HalotelIdriss Sultan, ambaye ameungana na wageni kusherehekea siku hii maalum na kushiriki katika shughuli mbalimbali ndani ya banda hilo.

KARIBU BANDA LA HALOTEL SABASABA

Maonesho ya 50 ya Kimataifa ya Biashara ya Dar es Salaam yanaendelea hadi Julai 13, 2026, na Halotel inawaalika Watanzania kutembelea banda lake ili kujionea teknolojia za kisasa, huduma bunifu, burudani na fursa mbalimbali zinazotolewa na kampuni hiyo.

NMB SHOWCASES AGRICULTURE FINANCING SOLUTIONS AT SABASABA TO STRENGTHEN AGRIBUSINESS GROWTH

Dar es Salaam – NMB Bank has showcased its agriculture financing solutions at the 50th Dar es Salaam International Trade Fair (SabaSaba), highlighting its commitment to supporting stakeholders across Tanzania’s agricultural value chain, including farmers, crop buyers, processors, exporters and businesses involved in the importation of agricultural inputs.

Speaking at the NMB Pavilion during the trade fair, NMB Head of Agriculture – Wholesale Banking, Christopher Mwalugenge, said the bank continues to provide tailored financial solutions designed to address the unique needs of businesses operating within the agriculture sector.

He said NMB offers credit facilities that enable customers to purchase crops from farmers, undertake processing activities and supply both domestic and export markets, contributing to increased value addition and improved market opportunities for agricultural producers.

According to Mwalugenge, the financing support is particularly important during harvest seasons for key cash crops such as coffee, tobacco, sesame and cotton, when crop buyers and agribusinesses require adequate working capital to facilitate purchases, manage operations and maintain smooth trade cycles.

Through our agriculture financing solutions, we aim to empower businesses involved in the agricultural ecosystem while strengthening the connection between farmers, markets and financial services,” he said.

NMB YAIMARISHA UFADHILI WA KILIMO, YALENGA KUONGEZA THAMANI YA MAZAO

Mkuu wa Idara ya Kilimo kwa Wateja Wakubwa wa Benki ya NMB, Christopher Mwalugenge, akizungumza na Theresia Mbilinyi kuhusu huduma na suluhisho za kifedha kwa sekta ya kilimo katika Banda la NMB kwenye Maonesho ya SabaSaba jijini Dar es Salaam.

Dar es Salaam – Benki ya NMB imeendelea kudhihirisha dhamira yake ya kuendeleza sekta ya kilimo nchini kwa kuwasilisha suluhisho mbalimbali za kifedha zinazolenga kuwawezesha wadau wote wa mnyororo wa thamani wa kilimo, kuanzia wakulima, wanunuzi wa mazao, wachakataji, wasafirishaji hadi waagizaji wa pembejeo.

Akizungumza katika Banda la NMB kwenye Maonesho ya 50 ya Kimataifa ya Biashara ya Dar es Salaam (Sabasaba), Mkuu wa Idara ya Kilimo kwa Wateja Wakubwa wa Benki ya NMB, Christopher Mwalugenge, alisema benki hiyo imejikita katika kutoa huduma za kifedha zinazokidhi mahitaji ya wadau wa sekta ya kilimo ili kuongeza tija, thamani ya mazao na ukuaji wa biashara.

Alisema NMB hutoa mikopo inayowawezesha wanunuzi wa mazao kununua mazao kutoka kwa wakulima, kuyachakata na kuyafikisha kwenye masoko ya ndani na nje ya nchi, hatua inayosaidia kuongeza thamani ya mazao pamoja na kuimarisha ushindani wa bidhaa za Tanzania.

Kwa mujibu wa Mwalugenge, huduma hizo zina umuhimu mkubwa hasa katika kipindi cha mavuno ya mazao ya biashara kama kahawa, tumbaku, ufuta na pamba, ambapo mahitaji ya mtaji kwa wanunuzi na wafanyabiashara huongezeka kwa kiwango kikubwa.

VODACOM TANZANIA FOUNDATION YAENDELEA KUWEZESHA WANAWAKE NA VIJANA KUPITIA MRADI WA TELS

Dar es Salaam – Vodacom Tanzania Foundation imeendelea kuimarisha juhudi zake za kuwawezesha wanawake, vijana na watu wenye ulemavu kiuchumi kupitia mafunzo ya ujasiriamali na matumizi ya teknolojia za kifedha, ikiwa ni sehemu ya dhamira yake ya kuchangia maendeleo endelevu ya jamii nchini.

Akizungumza wakati wa Maonesho ya 50 ya Biashara ya Kimataifa ya Dar es Salaam (Sabasaba) katika banda la Tanzania Women Chamber of Commerce (TWCC), Meneja wa Vodacom Tanzania Foundation, Sandra Oswald, alisema taasisi hiyo inaendelea kushirikiana na wadau mbalimbali kuhakikisha makundi hayo yanapata maarifa na nyenzo zitakazowawezesha kukuza biashara zao.

Sandra alisema kupitia ushirikiano kati ya Vodacom Tanzania Foundation, CEO Roundtable na Tanzania Women Chamber of Commerce (TWCC), taasisi hiyo inatekeleza mradi wa Thinking Equal, Leading Smart (TELS) unaolenga kuwajengea uwezo wafanyabiashara wadogo katika usimamizi wa biashara, uongozi na matumizi ya teknolojia za kifedha.

Alieleza kuwa tangu kuanzishwa kwa mradi huo, zaidi ya washiriki 800 wamepatiwa mafunzo kuhusu uongozi wa biashara, matumizi ya huduma za fedha kidijitali kama M-Pesa na M-Koba, pamoja na mbinu za kupata fursa za kifedha na mitaji kwa ajili ya kukuza biashara zao.

Kwa mujibu wa Sandra, Vodacom Tanzania Foundation kwa ujumla imefanikiwa kuwafikia zaidi ya wanawake 500,000 kupitia programu mbalimbali za uwezeshaji wa kiuchumi zinazolenga kuongeza ushiriki wao katika shughuli za uzalishaji na biashara.

Monday, 6 July 2026

AIRTEL AFRICA PLC SAVES 9.1 MILLION LITRES OF DIESEL, REAFFIRMS COMMITMENT TO RESPONSIBLE BUSINESS GROWTH

Lusaka, 6 July 2026: Airtel Africa, a leading provider of telecommunications and mobile money services across 14 African countries, saved 9.1 million litres of diesel during its just ended 2025/2026 financial year, as part of efforts to drive responsible growth by minimising the environmental impact of its operations.

This was achieved by reducing reliance on diesel and increasing use of lower-carbon energy sources, including the conversion of 390 infrastructure sites to on-grid power during the year, thus improving efficiency and reducing emissions. 

Airtel Africa CEO, Sunil Taldar highlighted this achievement during a media roundtable held in Lusaka, Zambia, where he presented the Group’s Sustainability Scorecard and progress towards building a more sustainable, inclusive and connected Africa. 

Other initiatives to reduce Airtel Africa’s environmental impact during the year included promoting the circular economy, recycling 94% of total waste generated. These form part of Airtel Africa’s broader sustainability strategy, which seeks to create long-term value by balancing business growth with environmental stewardship, digital inclusion and socio-economic development.

Mr. Taldar emphasized that responsible growth remains central to Airtel Africa’s business strategy and is reflected in the company’s ability to extend services and opportunities to millions of people across the continent while advancing sustainability goals. Airtel Africa’s network now reaches 81.9% of the population across its markets, enabling greater access to connectivity, information, education and economic opportunities for individuals and communities.

NMB YARAHISISHA USIMAMIZI WA VIKUNDI KUPITIA NMB KIKUNDI MINI APP

Dar es Salaam – Benki ya NMB imeendelea kuimarisha juhudi zake za kukuza ujumuishaji wa huduma za kifedha kwa njia ya kidijitali kupitia NMB Kikundi Mini App, huduma bunifu iliyopo ndani ya NMB Mkononi Super App, inayorahisisha usimamizi wa vikundi na kuwawezesha wanachama pamoja na viongozi kupata huduma za kifedha kwa usalama, uwazi na ufanisi zaidi.

Huduma hiyo inalenga kupunguza muda na gharama zinazotumika kupata huduma za benki, huku ikiimarisha usalama wa miamala na kurahisisha shughuli za kifedha za vikundi mbalimbali vya kijamii na kiuchumi nchini.

Akizungumza katika Banda la NMB kwenye Maonesho ya Kimataifa ya Biashara ya Dar es Salaam (Sabasaba), Meneja wa Kanda wa Huduma za Vikundi na Benki Vijijini wa NMB, Dismas Prosper, alisema ubunifu huo ni sehemu ya mkakati wa benki wa kutumia teknolojia kuwafikishia Watanzania huduma za kifedha kwa urahisi zaidi.

"NMB Kikundi Mini App imebuniwa kuwapa wanachama wa vikundi njia salama, rahisi na yenye uwazi katika kusimamia shughuli zao za kifedha, huku ikipunguza ulazima wa kutembelea matawi ya benki," alisema Prosper.

 

Huduma za Benki Mikononi mwa Wanachama

Kupitia NMB Kikundi Mini App, wanachama wa vikundi wanaweza kufungua akaunti za vikundi kidijitali bila kufika katika tawi la benki. Vilevile, mfumo huo unawawezesha kufanya miamala kwenda benki nyingine pamoja na mitandao ya simu, hivyo kurahisisha shughuli za kifedha popote walipo.