HOW AFRICA’S BEST EMPLOYERS ARE REDESIGNING WORK — AND WHY TANZANIA’S MOMENT IS NOW

By Patrick Foya, Director: People Function & Culture, Absa Bank Tanzania

For years, the Employee Value Proposition (EVP) was a polished paragraph on a careers page — competitive pay, decent benefits, training, and “a great culture.” That era is over.

Today’s talent is more informed, more mobile, and more values-driven. Organisations are being reshaped by digitisation, AI, shifting customer expectations, and rising demands for trust. In this context, EVP is no longer an HR slogan — it is a strategic capability: the ability to consistently attract, develop, engage, and retain the people who deliver the strategy.

At Absa, we see EVP as a leadership conversation rather than a campaign. It’s about how work feels, how careers progress, how leaders show up, and how purpose is experienced daily. Put simply: the EVP that wins is the one that is lived, measured, and continuously renewed — not simply written.

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The Global Shift: From Perks to Proof

Three powerful forces are redefining EVP worldwide:

1) Career Growth as a Retention Engine

People increasingly choose employers based on clarity of progression, internal and regional mobility, coaching, and meaningful development. The bridge between learning and career advancement is the new currency.

2) Well-being as a Performance Driver

Leading organisations now emphasise sustainable performance, manager capability, and mental well-being — not wellness as an activity, but as an operating model.

3) The Human Value Proposition in the Age of AI

As AI reshapes roles, employers are redesigning work around skills and ensuring technology augments people rather than overwhelms them.

The common thread is credibility. Employees believe the EVP when they experience it in everyday moments — onboarding, feedback, listening forums, psychological safety, mobility, recognition — not when they simply read about it.

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Africa’s EVP Moment: Growth, Mobility, and Meaning

Africa’s talent landscape presents unique dynamics: fast-growing economies, youthful workforces, a premium on critical skills, and increasing regional career mobility.

The organisations pulling ahead differentiate themselves across three pillars:

• Employability — Skills that travel and careers that move.
• Belonging — Inclusive cultures with visible leadership accountability.
• Purpose — Impact that is real, not rhetorical.

Recognition standards that benchmark people practices across markets matter here. They validate disciplined, evidence-based experience design rather than guesswork.

Absa’s own journey reflects this. In January 2026, Absa Group Limited was recognised as a Top Employer for 2026 by the Top Employers Institute — for the fifth consecutive year — with certification across six African markets: South Africa, Zambia, Kenya, Ghana, Botswana, and Mauritius.

NMB YATOA SH12.4 BILIONI KWA WAFANYABIASHARA 6,011 KUPITIA MPANGO WA MIKOPO YA ASILIMIA 10

Naibu Waziri, Ofisi ya Waziri Mkuu – Tawala za Mikoa na Serikali za Mitaa (TAMISEMI), Reuben Kwagilwa (kushoto), akisalimiana na Meneja Mwandamizi wa Biashara za Serikali wa NMB Bank Plc, Amanda Feruzi, alipowasili kufungua Mkutano Mkuu Maalum wa Uchaguzi wa Viongozi wa Jumuiya ya Mamlaka za Serikali za Mitaa Ukanda wa Ziwa Victoria, uliofanyika jijini Dodoma. NMB ni mdhamini mkuu wa mkutano huo.

Dodoma – Jumla ya Sh12.4 bilioni zimetolewa kwa zaidi ya wafanyabiashara 6,011 kupitia mpango wa mikopo ya asilimia 10, huku wanufaika wakipatiwa pia elimu ya fedha na uongozi ili kuimarisha usimamizi na uendelevu wa biashara zao.

Takwimu hizo zimetolewa na Meneja Mwandamizi wa Idara ya Biashara za Serikali wa NMB, Amanda Feruzi, wakati wa mkutano wa Jumuiya ya Mamlaka ya Serikali za Mitaa Ukanda wa Ziwa Victoria (LVRLAC) unaoendelea katika Ukumbi wa Jiji la Dodoma.

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Fedha za Serikali Zilizotengwa kwa Makundi Maalum

Kwa mujibu wa Feruzi, fedha hizo ni sehemu ya Sh13 bilioni zilizotolewa na Serikali kwa NMB kwa ajili ya utekelezaji wa mikopo ya asilimia 10 inayotengwa kwa vijana, wanawake na watu wenye ulemavu.

Mpango huo unatekelezwa kwa mfumo wa majaribio katika Halmashauri sita ambazo ni:

• Jiji la Dar es Salaam
• Jiji la Dodoma
• Manispaa ya Songea
• Halmashauri ya Newala
• Halmashauri ya Bumbuli
• Halmashauri ya Itilima

Lengo la mfumo huo wa majaribio ni kupima ufanisi wa usimamizi wa mikopo hiyo kwa kushirikiana na taasisi ya kifedha, huku ukilenga kuongeza uwazi, nidhamu ya matumizi na marejesho.

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NMB Yajivunia Uzoefu wa Ufadhili wa Miradi

Feruzi amesema NMB ipo tayari kuendelea kushirikiana na Jumuiya hiyo kama ambavyo imekuwa ikifanya kwa kufadhili mikutano yao kila mwaka na kushirikiana na Serikali katika miradi mbalimbali ya uwezeshaji wananchi.

Alieleza kuwa benki hiyo ina uzoefu katika mfumo wa Alternative Project Financing (APF), akibainisha kuwa imefanikiwa kutoa hati fungani, pamoja na taasisi nyingine, zenye thamani ya takribani trilioni moja.

ABSA STRENGTHENS COMMUNITY COMMITMENT AT WORLD VISION JUBILEE STRATEGY LAUNCH

Absa Bank Tanzania Managing Director, Mr. Obedi Laiser (left), shakes hands with World Vision National Director, Mr. James Anditi, during the official launch of the organisation’s Jubilee Strategy (2026–2030) in Dar es Salaam yesterday. Themed “For Every Child, Life in All Its Fullness,” the event also featured the unveiling of the Water, Sanitation and Hygiene (WASH) Business Plan and the National Resource Development Plan.

Absa Bank Tanzania Managing Director, Mr. Obedi Laiser, delivers remarks during the official launch of World Vision’s Jubilee Strategy (2026–2030) in Dar es Salaam yesterday. The event, officiated by Dr. Doroth Gwajima, Minister for Community Development, Gender, Women and Special Groups, was held under the theme “For Every Child, Life in All Its Fullness.”

Dar es Salaam, February 27, 2026 — Absa Bank Tanzania continues to demonstrate its commitment to social impact and community empowerment through active engagement in national development initiatives. Yesterday, the bank’s Managing Director, Mr. Obedi Laiser, participated in the official launch of World Vision’s Jubilee Strategy (2026–2030) in Dar es Salaam. The event was held under the theme “For Every Child, Life in All Its Fullness.”

During the launch, Mr. Laiser exchanged greetings with World Vision National Director, Mr. James Anditi, highlighting Absa’s dedication to partnerships that create sustainable social change. In his remarks, Mr. Laiser emphasized the importance of collaborative efforts in empowering communities, strengthening resilience, and expanding opportunities for long-term impact across Tanzania and the continent.

The event was officiated by Dr. Doroth Gwajima, Minister for Community Development, Gender, Women and Special Groups, and featured the unveiling of both the Water, Sanitation and Hygiene (WASH) Business Plan and the National Resource Development Plan. Senior officials from World Vision, Absa Bank, and other stakeholders joined the Minister for a commemorative photo, symbolizing a unified commitment to advancing child welfare and community development.

MAKAMU WA PILI WA RAIS ZANZIBAR AONGOZA WATEJA NA WADAU WA NBC KWENYE FUTARI ZANZIBAR

Makamu wa Pili wa Rais wa Serikali ya Mapinduzi Zanzibar, Mhe. Hemed Suleiman Abdulla (katikati), akipokea zawadi maalum kutoka kwa Mkurugenzi wa Idara ya Mikopo wa NBC, Bw. Saleh Mohammed (kulia), wakati wa hafla ya futari iliyoandaliwa na benki hiyo kwa ajili ya wateja wake visiwani Zanzibar. Kushoto ni Naibu Mufti Mkuu wa Zanzibar, Sheikh Mahmoud Mussa Wadi. Hafla hiyo ilifanyika jana katika hoteli ya Madinat Al Bahr, Zanzibar, na ilihusisha wateja pamoja na wadau mbalimbali wa benki hiyo, wakiwemo viongozi wa serikali na dini.

Zanzibar | Februari 27, 2026 — Makamu wa Pili wa Rais wa Serikali ya Mapinduzi Zanzibar, Mhe. Hemed Suleiman Abdulla, jana aliwaongoza baadhi ya Waislamu visiwani humo kushiriki hafla ya futari iliyoandaliwa na Benki ya Taifa ya Biashara (NBC) kwa ajili ya wateja na wadau wake mbalimbali Zanzibar.

Hafla hiyo ilifanyika katika Hoteli ya Madinat Al Bahr na kuhudhuriwa na viongozi wa serikali, viongozi wa dini, wateja pamoja na wafanyakazi wa benki hiyo. Miongoni mwa wageni waalikwa alikuwepo Naibu Mufti Mkuu wa Zanzibar, Sheikh Mahmoud Mussa Wadi.

Mkurugenzi wa Idara ya Mikopo wa NBC, Bw. Saleh Mohammed, alimwakilisha Mkurugenzi Mtendaji wa benki hiyo, Theobald Sabi, katika hafla hiyo iliyolenga kuimarisha mahusiano kati ya benki, wateja na jamii kwa ujumla.

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Serikali Yapokea na Kupongeza Mchango wa NBC

Akizungumza katika hafla hiyo, Mhe. Abdulla aliishukuru na kuipongeza NBC kwa kuandaa tukio hilo la kiimani, akieleza kuwa ni ishara ya moyo wa kujali, kuthamini wateja na kujenga mahusiano imara na jamii.

Kwa niaba ya Serikali ya Mapinduzi Zanzibar, alitoa shukrani za dhati kwa kutambua mchango wa benki hiyo katika maendeleo ya visiwa hivyo—kuanzia msaada wa kifedha, ushauri wa kitaalamu, hadi ushiriki wake katika mipango ya kijamii na kiuchumi.

“Kushiriki futari kama hii pamoja na wadau mbalimbali wakiwemo wateja wenu ni jambo la heri, hususan katika mwezi huu Mtukufu wa Ramadhani. Ni thamani kubwa kwenu kama waandaaji, kwetu kama walengwa, na mbele ya Mwenyezi Mungu pia… tunawashukuru sana,” alisema.

 

BENKI YA EQUITY YAKABIDHI MABASI YA WANAFUNZI KWA SHULE YA NARAE GLOBAL JIJINI MWANZA

Tarehe: 26 Februari 2026

Benki ya Equity Tanzania imefanikiwa kuiwezesha Shule ya Narae Global ya jijini Mwanza kwa kukabidhi magari mapya ya kubebea wanafunzi, kupitia huduma yake ya Mikopo Nafuu ya Magari (Asset Finance). Uwezeshaji huo umetolewa chini ya dirisha maalum la kuwawezesha wanawake kiuchumi lijulikanalo kama MWANAMKE PLUS.

Kuendeleza Ushiriki wa Wanawake katika Uchumi

Hafla hiyo ya makabidhiano ni mwendelezo wa juhudi za Benki ya Equity katika kuongeza ushiriki wa wanawake katika shughuli za kiuchumi nchini, sambamba na kuimarisha sekta ya elimu kupitia ushirikiano na taasisi mbalimbali.

Shule ya Narae Global, inayomilikiwa kwa asilimia 100 na mwanamke mjasiriamali, imekuwa mfano wa kuigwa katika uendeshaji na ubunifu wa kielimu. Kupitia mpango wa MWANAMKE PLUS, benki imeendelea kutoa suluhisho za kifedha zinazolenga kuwawezesha wanawake kuendesha na kukuza biashara zao kwa masharti nafuu na rafiki.

Kuimarisha Usalama na Ufanisi wa Usafiri wa Wanafunzi

Upatikanaji wa mabasi hayo mapya utaimarisha huduma za usafiri salama na wa uhakika kwa wanafunzi. Elimu bora huanzia kwenye urahisi wa mwanafunzi kufika shuleni kwa wakati na kurejea nyumbani salama. Hivyo, uwekezaji huu unachangia moja kwa moja katika kuboresha mazingira ya ujifunzaji.

Teknolojia na Ubunifu: Kigezo Muhimu cha Uwezeshaji

Moja ya vigezo vilivyoifanya Narae Global School kustahili uwezeshaji huu ni matumizi yake ya juu ya teknolojia katika sekta ya elimu. Shule imekuwa mstari wa mbele katika:

• Kufundisha kwa kutumia mifumo ya kidijitali
• Kusimamia majukumu ya kila siku kwa njia za kisasa
• Kutumia mfumo wa malipo ya ada wa benki unaojulikana kama SHULE MKONONI

BENKI YA NBC YAKABIDHI GARI KWA MSHINDI WA KAMPENI YA HUDUMA ZA KIDIGITALI

Mkurugenzi wa Idara ya Wateja Binafsi (wadogo na wakubwa) wa Benki ya Taifa ya Biashara (NBC), Elibariki Masuke (kushoto), akimshuhudia Bi. Diana Bernard, mwakilishi wa Bw. Salah Ahmed Mohamed, mkazi wa jijini Dar es Salaam, aliyeshinda gari aina ya Nissan X-Trail—zawadi kuu ya kampeni ya “Ukigusa Tu, iMOOO” ya benki hiyo iliyolenga kukuza ujumuishaji wa kifedha kupitia matumizi ya huduma za kifedha kwa njia ya kidigitali. Hafla ya makabidhiano imefanyika katika tawi la NBC Mlimani City, wilayani Ubungo, jijini Dar es Salaam.

Mkurugenzi wa Idara ya Wateja Binafsi (wadogo na wakubwa) wa Benki ya Taifa ya Biashara (NBC), Elibariki Masuke (kushoto), na Meneja wa Uhusiano wa benki hiyo, Tawi la Industrial jijini Dar es Salaam, Bi. Khadija Ulomi (kulia), wakimpongeza Bi. Diana Bernard, mwakilishi wa Bw. Salah Ahmed Mohamed, mkazi wa jijini Dar es Salaam, aliyeibuka mshindi wa gari aina ya Nissan X-Trail—zawadi kuu ya kampeni ya “Ukigusa Tu, iMOOO” iliyolenga kukuza ujumuishaji wa kifedha kupitia matumizi ya huduma za kifedha kwa njia ya kidigitali.

Dar es Salaam – Februari 26, 2026

Benki ya Taifa ya Biashara (NBC) imekabidhi zawadi kuu za kampeni yake ya “Ukigusa Tu, iMOOO”, ikiwemo gari aina ya Nissan X-Trail kwa mshindi wa zawadi kuu, Bw. Salah Ahmed Mohamed, mkazi wa Dar es Salaam. Kampeni hiyo imelenga kukuza ujumuishaji wa kifedha kupitia uchocheaji wa matumizi ya huduma za kifedha za kidigitali.

Hafla ya makabidhiano imefanyika katika tawi la NBC Mlimani City, wilayani Ubungo, jijini Dar es Salaam. Mbali na mshindi wa zawadi kuu, washindi wa pili na wa tatu pia walikabidhiwa zawadi zao—simu janja aina ya iPhone 17 Pro pamoja na jiko la gesi na umeme. Hafla hiyo iliongozwa na Mkurugenzi wa Idara ya Wateja Binafsi (wadogo na wakubwa), Bw. Elibariki Masuke, akishirikiana na maofisa wengine wa benki hiyo.

Kampeni Yenye Dhamira ya Kijamii

Akizungumza katika hafla hiyo, Bw. Masuke alisema kuwa pamoja na kutoa zawadi, kampeni hiyo ilikuwa na dhamira pana ya kijamii ya kuongeza uelewa na matumizi ya huduma za kifedha za kidigitali kwa makundi mbalimbali ya jamii.

Alieleza kuwa walengwa wa kampeni hiyo walijumuisha wafanyakazi, wafanyabiashara wadogo na wa kati (SMEs), wanafunzi pamoja na wateja binafsi kutoka maeneo mbalimbali ya nchi. Lengo kuu lilikuwa kurahisisha upatikanaji wa huduma za kifedha na kupunguza changamoto za miamala ya ana kwa ana.

“Katika dunia ya leo, huduma za kifedha za kidigitali si anasa tena, bali ni nyenzo muhimu ya kurahisisha maisha ya kila siku. Kupitia kampeni hii, tumeshuhudia ongezeko la matumizi ya kadi, mashine za POS na programu tumizi ya NBC Kiganjani, jambo linaloashiria mwamko chanya wa jamii kuelekea uchumi wa kidigitali,” alisema Bw. Masuke.

GLOBAL MIND HEALTH REPORT 2025: AFRICAN YOUTH LEAD THE WORLD IN MENTAL WELL-BEING

Dr. Tara Thiagarajan, Founder and Chief Scientist at Sapien Labs.

Dar es Salaam, Tanzania | February 26, 2026

A new global study has delivered surprising and encouraging news for Africa. The Global Mind Health in 2025 Report by Sapien Labs shows that young adults in Sub-Saharan Africa rank highest worldwide in overall mind health, outperforming peers in many higher-income nations.

The report, based on data from nearly one million respondents across 84 countries, highlights a growing global mental health crisis among young adults aged 18–34. However, it also reveals a striking regional contrast — with several African nations leading global rankings.

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A Growing Global Mind Health Crisis

According to the findings, 41% of internet-enabled young adults globally are experiencing what researchers describe as a “mind health crisis.” This includes declines in:

• Cognitive capacity (focus, decision-making)
• Emotional regulation
• Social functioning
• Physical resilience

Today’s young adults are four times more likely than those over age 55 to experience mental health challenges that significantly affect their productivity and daily functioning.

The report notes that in the early 2000s, young adults were considered the age group with the highest well-being. That trend has now reversed.

Dr. Tara Thiagarajan, founder and chief scientist at Sapien Labs and lead author of the study, explained:

“The mind health crisis appears to be a progressive slide from generation to generation and goes far beyond rising rates of depression and anxiety.”

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Africa Dominates the Global Rankings

Despite the concerning global picture, Sub-Saharan Africa stands out positively.

The top five countries for youth mind health are entirely African:

1. Ghana – Ranked #1 globally
2. Nigeria
3. Kenya
4. Zimbabwe
5. Tanzania

Tanzania, while moving from 1st place last year to 5th this year, remains a global leader — particularly in spirituality and later smartphone adoption during childhood.

BENKI YA EXIM YAANDAA FUTARI MAALUM KUIMARISHA MAHUSIANO NA WATEJA

Dar es Salaam, 25 Februari 2026 – Benki ya Exim imeandaa hafla ya futari kwa wateja wake jijini Dar es Salaam, ikiwa ni sehemu ya mkakati wake wa kuendeleza na kuimarisha mahusiano yanayojengwa juu ya misingi ya uaminifu, uwajibikaji na maadili ya pamoja.

Hafla hiyo, iliyofanyika katika mwezi mtukufu wa Ramadhani, ilikusudia kuimarisha mshikamano kati ya benki na wadau wake, sambamba na kutafakari juu ya thamani ya maadili katika mafanikio ya biashara na maisha kwa ujumla.

Ramadhani: Msimu wa Tafakari na Maadili

Akizungumza katika hafla hiyo, Afisa Mtendaji Mkuu wa Benki, Jaffari Matundu, alisema kuwa Ramadhani ni kipindi muhimu cha kutafakari na kukumbushana kuwa mafanikio ya kweli hujengwa juu ya msingi wa maadili thabiti, ikiwemo uaminifu, huruma na uwazi katika utendaji.

“Dhamira yetu si kutoa huduma za kifedha pekee, bali kujenga imani, kupanua fursa na kugusa maisha ya watu kwa namna chanya,” alisisitiza Bw. Matundu.

Aliongeza kuwa benki inaona mahusiano na wateja wake kama mtaji wa muda mrefu unaozidi thamani ya miamala ya kifedha, na kwamba kuaminiana ndiko kunakobeba mafanikio endelevu.

Kupanua Huduma na Kuimarisha Ujumuishi wa Kifedha

Katika kuendeleza dhamira ya kuongeza ujumuishi wa kifedha nchini, benki imeendelea kupanua mtandao wake kwa kufungua matawi katika maeneo ya Kahama, Ubungo na hivi karibuni Paje (Zanzibar), huku mipango ikiendelea kuelekea Geita.

Hatua hiyo inalenga kusogeza huduma za kifedha karibu zaidi kwa wafanyabiashara, wajasiriamali na wananchi kwa ujumla, sambamba na kuchochea ukuaji wa shughuli za kiuchumi katika maeneo husika.

CRDB, TUME YA MADINI WAZINDUA MPANGO WA KIHISTORIA WA UFADHILI KWA WACHIMBAJI WADOGO

Waziri wa Madini, Anthony Mavunde (wa kwanza kushoto), na Makamu Mwenyekiti wa Bodi ya Benki ya CRDB, Dkt. Donald Mmari (wa tatu kushoto), wakishuhudia wakati Mkurugenzi Mtendaji wa Benki ya CRDB, Abdulmajid Nsekela (kulia), na Katibu Mtendaji wa Tume ya Madini, Ramadhani Lwamo, wakipeana mikono huku wakionyesha Mkataba wa Makubaliano (MoU) uliosainiwa, unaolenga kuimarisha urasimishaji wa wachimbaji, kupanua upatikanaji wa mitaji nafuu, na kuunda fursa za ajira kwa vijana na wanawake katika jamii za wachimbaji jijini Dar es Salaam.

Dar es Salaam, 23 Februari 2026 — Waziri wa Madini, Anthony Mavunde, amepongeza ushirikiano wa kimkakati kati ya Benki ya CRDB na Tume ya Madini, akieleza kuwa mpango maalum wa kifedha uliozinduliwa kwa ajili ya wachimbaji wadogo ni hatua ya kihistoria itakayobadili mfumo wa upatikanaji wa mitaji katika sekta ya madini nchini.

Akizungumza katika hafla ya uzinduzi na utiaji saini wa Mkataba wa Makubaliano (MoU) uliofanyika katika Hoteli ya Johari Rotana, Waziri Mavunde alisema sekta ya madini imeendelea kukua kwa kasi, ikichangia asilimia 10 ya Pato la Taifa na zaidi ya asilimia 56 ya mapato ya fedha za kigeni kupitia mauzo ya nje yanayozidi dola za Marekani bilioni 5 kwa mwaka.

“Sekta ya madini sasa ni injini ya uchumi wetu. Tunachokishuhudia leo ni daraja linalounganisha maono ya Serikali na nguvu ya mtaji kutoka sekta ya fedha. Ushirikiano huu unaenda moja kwa moja kumgusa mchimbaji mdogo na kumwinua katika uchumi rasmi. Benki ya CRDB mmeonyesha kuwa ni benki kiongozi katika kuleta suluhisho stahiki kwa sekta mbalimbali,” alisema Waziri Mavunde.

Alisisitiza kuwa chini ya uongozi wa Rais Dkt. Samia Suluhu Hassan, Serikali imekuwa ikitekeleza mageuzi ya kisera, kiusimamizi na kisheria ili kuhakikisha sekta ya madini inawanufaisha Watanzania wengi zaidi, hususan wachimbaji wadogo. Aidha, alieleza kuwa azma ya Serikali ni kuona uchimbaji hauishii kwenye kuuza mawe ghafi, bali unapanuka hadi kwenye uchakataji na uongezaji thamani ndani ya nchi.

Mageuzi katika Mfumo wa Dhamana

Mpango wa CRDB unaleta mageuzi makubwa katika mfumo wa dhamana kwa kutambua dhamana mbadala zinazotokana moja kwa moja na shughuli za uchimbaji.

Kwa mara ya kwanza katika sekta ya benki nchini, leseni halali za uchimbaji, mikataba ya mauzo ya dhahabu, pamoja na akiba ya dhahabu iliyohifadhiwa katika viwanda vya kusafisha, zinatambuliwa kama dhamana zinazokubalika kwa ajili ya mikopo.

Mkurugenzi Mtendaji wa Benki ya CRDB, Abdulmajid Nsekela, alisema mpango huo ni mfumo kamili wa kifedha unaogusa mnyororo mzima wa thamani wa sekta ya madini — kuanzia uchimbaji, uchakataji, uhifadhi, usafirishaji hadi biashara na masoko ya ndani na nje ya nchi.

“Huu ni muundo mpya wa kifedha unaotambua uhalisia wa sekta ya madini. Tumekubali dhamana zinazotokana na shughuli halisi za wachimbaji badala ya mali zisizohusiana na sekta. Hii itafungua milango kwa maelfu ya wachimbaji wadogo waliokuwa nje ya mfumo rasmi wa kifedha,” alisema Nsekela.

LAUNCH YOUR CAREER WITH STANBIC BANK TANZANIA – GRADUATE OPPORTUNITY 2026

Are you a recent graduate ready to take the next bold step in your professional journey? Stanbic Bank Tanzania is offering an exciting opportunity for young, ambitious Tanzanians to gain hands-on experience and launch their careers in the banking industry.

As part of one of Africa’s leading financial institutions, successful candidates will benefit from structured learning, professional mentorship and real-world exposure within a dynamic banking environment.

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👩‍🎓 Who Stanbic Is Looking For

The bank is inviting applications from:

• Recent graduates (within the last 1–2 years)
• Preferred fields of study:

• Actuarial Science
• Economics
• Statistics
• Mathematics
• Engineering
• Computer Science

Academic Requirements:

• Grades A, B or C in English and Mathematics at CSEE level

Location Requirement:

Applicants must be based in:

• Dar es Salaam
• Dodoma
• Mbeya
• Moshi
• Arusha

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⏳ Programme Duration

The programme will run for 6 to 12 months, offering participants a valuable opportunity to gain practical industry experience while developing technical and professional skills.

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📩 How to Apply

Interested candidates should submit the following documents:

• Updated CV
• Academic Certificates (University, A-Level & O-Level)
• National ID

Applications should be sent via email to:
TanzaniaPeopleCulture@stanbic.co.tz

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🗓 Application Deadline

All applications must be submitted no later than:

27 February 2026

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Why This Matters

In today’s competitive job market, practical experience within a reputable financial institution can significantly accelerate career growth. This programme offers young professionals a platform to sharpen analytical skills, understand banking operations and build a strong professional foundation.

If you meet the criteria, take the bold step and launch your career with one of Africa’s leading banks.

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For more banking and finance career updates, stay connected with Kitomari Banking & Finance Blog.

CRDB, MINING COMMISSION SEAL DEAL TO UNLOCK HISTORIC FINANCING FOR SMALL-SCALE MINERS

Minister for Minerals, Anthony Mavunde (first left), and CRDB Bank Vice-Chairman, Dr Donald Mmari (third left), witness as CRDB Bank Group Chief Executive Officer, Abdulmajid Nsekela (right) and Mining Commission Executive Secretary, Ramadhani Lwamo shake hands as they display the signed Memorandum of Understanding, which aims to strengthen the formalisation of miners, expand access to affordable capital, and create employment opportunities for youth and women in mining communities in Dar es Salaam.

DAR ES SALAAM | February 23, 2026 – Tanzania’s mining sector has entered a decisive growth phase following the signing of a Special Agreement between the Mining Commission and CRDB Bank aimed at expanding access to finance for artisanal and small-scale miners (ASMs).

The landmark agreement, unveiled by the Minister for Minerals, Hon. Anthony Mavunde (MP), implements directives from President Dr. Samia Suluhu Hassan to accelerate sector reforms, crowd-in investment, and increase mining’s contribution to GDP.

The signing ceremony took place at the Johari Rotana Hotel in Dar es Salaam, signaling a major public–private collaboration in support of inclusive growth.

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Mining: A Strategic Engine of the Economy

Tanzania’s mining sector continues to demonstrate strong performance, contributing:

• 10% of national GDP
• Over 56% of foreign exchange earnings
• More than US$5 billion in annual mineral exports

Minister Mavunde described the initiative as a policy-to-capital bridge, aligning government reforms with financial sector solutions.

“The mining sector is now an engine of our economy. What we are witnessing today is a bridge connecting the Government’s vision with financial capital from the banking sector. This partnership directly touches small-scale miners and elevates them into the formal economy,” he said.

He added that ongoing reforms aim to move Tanzania beyond raw mineral exports toward local processing, technology adoption, and value addition, consistent with National Development Vision 2050.

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A Historic Shift in Mining Finance

At the heart of the agreement is a transformative financing framework designed to de-risk lending to small-scale miners at scale.

🔑 Key Features of the Framework

• Inclusive collateral model – Accepts mining and gold trading licenses, gold sale contracts, gold reserves, and operational assets — not just immovable property.
• Field-driven product design – CRDB conducted on-site due diligence with miners to structure practical, operationally grounded financing solutions.
• Working capital and equipment financing – Supporting productivity upgrades and modernization.
• Gold-backed loans – Unlocking value from production.
• Insurance services – Covering mines and workers.
• Dedicated mineral and gold transaction accounts – Enhancing traceability and transparency.
• Financial literacy and advisory support – Pairing capital with capability building.

For the first time in Tanzania’s banking sector, collateral derived directly from mining operations is formally recognized as acceptable loan security.

CRDB Managing Director and Group CEO, Abdulmajid Nsekela, described the initiative as a national milestone in inclusive finance.

“This is a new financial structure that acknowledges the realities of the mining sector. We have accepted collateral derived from miners’ actual operations instead of unrelated assets. This will open doors for thousands of small-scale miners who were previously excluded from the formal financial system.”

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Record-Breaking First Facility

In a historic first, Songwe Gold Family secured a TSh 50 billion single-tranche facility — the largest financing package ever extended to artisanal and small-scale miners in Tanzania.

STANBIC BANK ACCELERATES CASHLESS ECONOMY DRIVE WITH "LIPA SIMPO" ACTIVATIONS

Edward Balandya (third left), Head of Digital & E-commerce at Stanbic Bank Tanzania, and Dickson Senzi (second left), Senior Manager for External Affairs, Communication and Reputation, engage a merchant in Mwenge during an on-ground activation. They demonstrated how to receive payments through LIPA SIMPO, highlighting the speed, security, and affordability of Stanbic’s digital payment solutions for local businesses.

Senior Manager for External Affairs, Communication and Reputation at Stanbic Bank Tanzania, Dickson Senzi (left), and Digital & eCommerce Manager at Stanbic Bank Tanzania, Godlisten Shirima (right), engage with Malipula Suits (centre) during an on-ground activation.

Tuesday, 24 February 2026 | Dar es Salaam, Tanzania

Stanbic Bank Tanzania has intensified its support for the national cashless economy agenda through a large-scale digital payments activation campaign, reinforcing its role in accelerating the country’s transition toward a secure, inclusive and technology-driven financial system aligned with Vision 2050.

At the heart of this push is Lipa Simpo, the bank’s QR-based merchant payment solution, now supported by a growing nationwide network of more than 700 merchants. The initiative reflects Stanbic’s deliberate strategy to move digital payments from theory to everyday practice — making wallet-to-merchant transactions simpler, more affordable and widely accessible across communities.

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Tanzania’s Digital Momentum

Tanzania’s digital payments ecosystem continues to register sustained double-digit growth. According to data from the Bank of Tanzania, millions of electronic transactions are processed monthly, with transaction values running into trillions of shillings annually.

Financial inclusion has also expanded significantly over the past decade. Data from the 2023 FinScope Survey shows inclusion levels rising from approximately 16 percent in 2009 to over 76 percent — growth largely driven by mobile money platforms, digital banking solutions and agent banking expansion.

Stanbic’s latest activation campaign builds directly on this national momentum.

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Taking Digital Payments to the Streets

Rather than relying solely on digital marketing, Stanbic has rolled out targeted, on-the-ground activations across high-traffic merchant locations in Dar es Salaam and other regions. These engagements provide live demonstrations of Lipa Simpo in action, allowing customers and merchants to experience real-time QR-based payments.

The campaign also serves as a feedback loop — enabling the bank to gather insights from both transacting customers and merchants receiving payments. This hands-on approach ensures that product refinement is guided by practical usage patterns and real market needs.

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Pricing Innovation to Accelerate Behaviour Change

To further encourage adoption, Stanbic has introduced a temporary pricing optimisation strategy running through April 2026.

Under this initiative, Lipa Simpo transactions above TZS 40,000 will attract a flat fee of TZS 1,000 during the campaign period.

KUPITIA MAFUNZO MAALUM, BENKI YA NMB YAKUZA WATAALAMU WA KESHO WA SEKTA YA FEDHA

Wahitimu wa Mafunzo Maalum ya Utayari wa Kuwa Watumishi wa Benki (Graduate Banker Readiness Programme – GBRP) kutoka NMB Bank Plc wakifurahia vyeti vyao wakati wa mahafali ya kuhitimu mafunzo hayo yaliyofanyika katika Chuo Kikuu cha Dar es Salaam.

Mkuu wa Idara ya Rasilimali Watu wa NMB Bank Plc, Erica Hanson (wa pili kulia), akimkabidhi cheti cha uhitimu mwanafunzi Irene Kimaro (wa pili kushoto) wakati wa mahafali ya Mafunzo Maalum ya Utayari wa Kuwa Watumishi wa Benki (Graduate Banker Readiness Programme – GBRP).

Benki ya NMB imeendeleza jitihada zake za kujenga nguvu kazi yenye ujuzi na maarifa ya kisasa katika sekta ya fedha nchini kwa kusaidia mafunzo ya kitaaluma na utalaamu kwa vijana 100 kupitia mpango maalumu wa Graduate Banker Readiness Programme (GBRP) unaotekelezwa kwa ushirikiano na Chuo Kikuu cha Dar es Salaam (UDSM).

Kupitia mpango huo, NMB kwa kushirikiana na UDSM, inatoa mafunzo ya kitaaluma yanayochanganya nadharia na vitendo, yakilenga kuwajengea washiriki uelewa mpana na wa kina wa sekta ya fedha. Kundi la nne la washiriki, kama ilivyokuwa kwa makundi yaliyotangulia, limehitimu Ijumaa iliyopita baada ya kukamilisha mafunzo hayo.

Akizungumza kabla ya kuwakabidhi wahitimu vyeti, Mkuu wa Idara ya Rasilimali Watu wa NMB, Erica Hanson, alisema mpango huo ni matokeo ya ushirikiano wa kimkakati kati ya benki hiyo na UDSM kupitia Shule ya Biashara ya chuo hicho, ukiwa na lengo la kuunganisha elimu ya darasani na uhalisia wa kazi za benki.

Bi. Hanson alibainisha kuwa washiriki wamepata mafunzo katika maeneo muhimu ikiwemo uchambuzi wa kifedha, uendeshaji wa benki, usimamizi na udhibiti wa vihatarishi, uzingatiaji wa kanuni, utoaji bora wa huduma kwa wateja pamoja na mifumo ya benki ya kidijitali.

“Kuhitimu kwa vijana hawa leo kunaongeza nguvu katika dhamira ya NMB ya kuendelea kujijenga kama mwajiri pendwa nchini, jambo ambalo limethibitishwa kwa kutunukiwa Tuzo ya Mwajiri Bora kwa miaka mitatu mfululizo. Haya yote ni matokeo ya uwekezaji wa makusudi katika watu, vipaji na maendeleo endelevu ya rasilimali watu,” alisema Bi. Hanson.

EXIM BANK BRINGS BANKING SERVICES CLOSER TO PAJE, BOOSTING FINANCIAL INCLUSION IN ZANZIBAR

Dr. Juma Malik Akil, Minister of Finance and Planning Zanzibar (second right), together with Jaffari Matundu, Chief Executive Officer of Exim Bank Tanzania (second left), cuts the ribbon as a symbol of the official opening of the bank’s new Paje Branch in Zanzibar. The branch aims to bring financial services closer to residents and business people in the area, while supporting the growth of tourism and Zanzibar’s blue economy. The event was witnessed by Andrew Lyimo, Head of Retail Banking at Exim Bank Tanzania (left), and Hon. Othman Ali Maulid, District Commissioner of Unguja South Region (right). The ceremony took place on 21 February 2026 in Paje, Zanzibar.

Zanzibar, 21 February 2026 – Exim Bank Tanzania has officially launched its new Paje Branch in Zanzibar, marking a significant milestone in expanding access to financial services and accelerating the growth of the islands’ blue economy.

The new branch positions the bank closer to individuals and businesses in one of Zanzibar’s fastest-growing economic zones, reinforcing the financial sector’s contribution to tourism, entrepreneurship, and sustainable development.

A Strategic Step for Zanzibar’s Economy

The launch ceremony was officiated by the Guest of Honour, Dr. Juma Malik Akil, Minister of Finance and Planning Zanzibar. The event brought together government leaders, financial institutions, private sector stakeholders, and development partners — underscoring the importance of collaborative growth.

Speaking at the event, Exim Bank Chief Executive Officer, Jaffari Matundu emphasized that the Paje Branch reflects the bank’s broader strategy of deepening financial inclusion.

“The launch of this branch not only expands our service network but also reaffirms our commitment to advancing economic empowerment and ensuring that financial services are accessible to people where they are,” said Matundu.

28 Years of Growth and Regional Expansion

Over the past 28 years, Exim Bank has grown into one of Tanzania’s leading financial institutions. Notably, it became the first Tanzanian bank to expand beyond national borders, establishing operations in Comoros, Djibouti, and Uganda, alongside a representative office in Ethiopia.

Its domestic expansion strategy has also remained strong. In the past year alone, the bank opened branches in Kahama and Ubungo. The launch in Paje marks its first expansion of 2026, with Geita set to follow.

This steady growth demonstrates the bank’s commitment to delivering quality financial services — from business financing to advanced digital solutions — closer to communities across the country.

CRDB BANK ANNOUNCES BOARD MEMBER VACANCY

Independent Non-Executive Director Opportunity

CRDB Bank Plc – The bank that listens – has announced a vacancy for the position of Independent Non-Executive Director, inviting applications from suitably qualified and experienced professionals.

About CRDB Bank Plc

CRDB Bank Plc is a leading commercial bank in Tanzania. Established in 1996, the Bank has grown steadily over the years to become one of the most innovative and trusted financial institutions in the country.

The Bank reached a significant milestone when it was listed on the Dar es Salaam Stock Exchange on 17 June 2009.

CRDB Bank Plc owns four subsidiary companies:

• CRDB Bank Burundi S.A.
• CRDB Insurance Company Limited
• CRDB Bank DR Congo S.A.
• CRDB Bank Foundation

Additionally, the Bank operates a representative office in the United Arab Emirates (UAE–Dubai).

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Position: Independent Non-Executive Director

The Board of Directors is seeking to fill one (1) position of Independent Non-Executive Director.

Definition of an Independent Director

An “Independent Director” is defined as a director who:

• Does not hold any executive or management position in the Bank.
• Does not have, directly or indirectly, a significant interest in the Bank, including any parent or subsidiary in a consolidated group. (Significant interest refers to holding 5% or more of the voting shares of the Bank).
• Has not been employed by the Bank or its subsidiaries in an executive capacity within the preceding three (3) years.
• Is not a family member of an individual who is, or has been in the past three years, employed by the Bank or its subsidiaries in an executive capacity.
• Is not a professional advisor to the Bank or its subsidiaries.
• Is free from any business or other relationship that may interfere with independent judgment.
• Does not receive remuneration contingent upon the Bank’s performance as defined in the Banking and Financial Institutions (Internal Control and Internal Audit) Regulations, 2014.

MOODY’S AFFIRMS TANZANIA AT B1 WITH STABLE OUTLOOK, BOOSTING INVESTOR CONFIDENCE

DAR ES SALAAM – Investor confidence in Tanzania remains firm after Moody’s Investors Service reaffirmed the country’s sovereign credit rating at B1 with a stable outlook, signaling steady borrowing costs despite domestic challenges experienced last year.

The latest assessment indicates that while Tanzania’s economy remains in the speculative category, it is broadly creditworthy and capable of meeting its financial obligations.

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What the B1 Rating Means

A B1 rating is considered speculative, meaning it carries some investment risk. However, it also signals that:

• The country can meet its debt obligations.
• It remains more vulnerable than higher-rated economies to shocks such as slower growth, rising inflation, or global crises.
• Borrowing costs are expected to remain stable in the near term.

The stable outlook suggests that the rating is unlikely to change over the next 12–18 months unless significant unexpected events occur.

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Stanbic Bank CEO: “Fiscal Credibility Remains Stable”

The Chief Executive Officer of Stanbic Bank Tanzania, Mr Manzi Rwegasira, welcomed the reaffirmation, describing it as particularly positive amid recent public concerns about investor sentiment.

“In simple terms: International creditors have assessed that Tanzania’s fiscal credibility and situation remains stable and broadly positive.”

He added:

“This speaks to the country’s finances and economic outlook. The cost of borrowing from abroad should remain constant — it is not rising.”

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Economic Resilience Highlighted

Economic and investment expert Hildebrand Shayo told Daily News that the reaffirmation reflects both continuity and resilience in the country’s macroeconomic performance.

According to Dr Shayo:

• Economic growth remains robust.
• Inflation is controlled.
• Fiscal reforms are yielding higher revenue.

“The reaffirmation of B1 today reflects both continuity and resilience. Economic growth remains robust, inflation is controlled and fiscal reforms are yielding higher revenue.”

Tanzania’s economy is projected to grow at or above 6 percent annually, supported by:

• Mining
• Manufacturing
• Tourism
• Transport

GGML REINFORCES SUSTAINABLE WATER STEWARDSHIP WITH TZS 50 MIL. SUPPORT FOR WATER AWARDS

A water treatment facility under the Geita Water Project, implemented by GGML in partnership with the Government of Tanzania. The project has increased access to potable water in Geita from 3% to 70%.

Dar es Salaam, Tanzania – 23 February 2026 – Geita Gold Mining Limited (GGML) has reaffirmed its commitment to sustainable water stewardship and responsible resource management by contributing TZS 50 million to support the Tanzania Water Service Excellence Awards.

The awards are being held in Arusha on 23 February 2026 as part of the National Conference for Boards of Directors of Water Supply and Sanitation Authorities (WSSAs), convened by the Ministry of Water from 23–25 February 2026 at the Ngurudoto Hotel.

The high-level conference is expected to attract more than 1,000 participants and focuses on strengthening leadership, governance, and oversight capacity among board members responsible for water service provision across Tanzania.

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Strengthening Governance and Sustainable Development

Speaking ahead of the event, Simon Shayo, Vice President for Sustainability and Corporate Affairs, Africa at AngloGold Ashanti, said the company’s support aligns with its long-standing commitment to sustainable development and responsible resource stewardship.

“Water is a strategic economic resource that underpins industrial productivity, operational continuity, and long-term investment sustainability. In Tanzania, responsible water governance directly affects business resilience and community prosperity. Our support for the Tanzania Water Service Excellence Awards reflects our belief that strengthening leadership, efficiency, and accountability in water service delivery is essential to safeguarding both economic growth and national development,” Shayo said.

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Expanding Water Access in Geita

GGML has consistently invested in water-related initiatives in the Geita Region. Among its key contributions is support for the Geita Water Project, which has delivered potable water to more than 300,000 residents while strengthening supply infrastructure and expanding service coverage to surrounding communities.

BENKI YA EQUITY YAINGIA UBIA WA KIMKAKATI NA MIXX BY YAS KUPANUA HUDUMA ZA KIFEDHA NCHINI

Dar es Salaam – Katika hatua muhimu ya kuimarisha ujumuishaji wa kifedha, Equity Bank Tanzania imetangaza ushirikiano wa kimkakati na Mixx by Yas unaolenga kusogeza huduma za kifedha karibu zaidi na wananchi kupitia mtandao mpana wa mawakala wa Mixx by Yas uliosambaa nchi nzima.

Ushirikiano huu unaimarisha juhudi za benki katika kuhakikisha wateja wanapata huduma kwa haraka, urahisi na uaminifu, popote walipo – mijini na vijijini.

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Huduma za Kuweka na Kutoa Fedha Kupitia Mawakala

Kupitia ushirikiano huu, wateja wa Equity sasa wanaweza:

• Kuweka fedha moja kwa moja kwenye akaunti zao za Equity
• Kutoa fedha kwa matumizi mbalimbali

Huduma hizi zinapatikana kupitia mawakala wa Mixx by Yas waliopo kote Tanzania.

Kwa wateja wenye simu janja, miamala inafanyika kwa urahisi kupitia Equity Mobile App, huku watumiaji wa simu za kawaida wakihudumiwa kupitia USSD code *150*07#.

Huduma hii imebeba kauli mbiu:

“Weka Pesa, Toa Pesa” – Equity Bank kwa kushirikiana na Mixx by Yas.

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Kauli ya Uongozi

Akizungumza wakati wa uzinduzi, Mkurugenzi Mtendaji wa Equity Bank Tanzania, Bi. Isabela Maganga, alisema:

“Ushirikiano huu na Mixx by Yas una thamani ya kimkakati inayokwenda mbali zaidi ya utoaji wa huduma za kibenki. Ni hatua mahsusi ya kuwafikia wateja kwa urahisi zaidi, kupunguza umbali kati yao na huduma za benki, na kuwaletea huduma karibu na maeneo wanayoishi na kufanyia kazi.

 

Kupitia mtandao mpana wa mawakala wa Mixx by Yas, wateja hawatalazimika tena kusafiri umbali mrefu kufika matawi ya benki. Wanaweza kuweka na kutoa fedha kwa urahisi, gharama nafuu na usalama mkubwa kupitia mawakala wanaowaamini.”

Kwa mujibu wa benki hiyo, ushirikiano huu:

• Unarahisisha upatikanaji wa huduma za kifedha kwa wateja
• Unafungua fursa mpya za kiuchumi kwa mawakala
• Unaongeza mzunguko wa fedha katika uchumi wa ndani
• Unachochea wananchi kushiriki kikamilifu katika mfumo rasmi wa kifedha

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Kwa upande wake, Angelica Pesha, CEO wa Mixx by Yas, alisema:

“Kwa kuunganisha uzoefu wa kibenki wa Equity na nguvu ya jukwaa la Mixx pamoja na mtandao mpana wa mawakala wetu, tunabadilisha vituo vya huduma vilivyo karibu na jamii kuwa milango kamili ya huduma za kibenki.

 

Kupitia ushirikiano huu, ikiwemo upanuzi wa huduma za utoaji fedha za kimataifa (IMT), tunaongeza upatikanaji, urahisi na uaminifu kwa mamilioni ya Watanzania. Kwa pamoja, tunajenga mfumo wa kifedha ulio jumuishi zaidi, unaounganishwa kidijitali na wenye kuwezesha uchumi wa taifa.”

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Mwelekeo Mpya wa Sekta ya Kifedha

Ushirikiano kati ya Equity Bank Tanzania na Mixx by Yas unaakisi mwelekeo wa sekta ya kifedha wa kuunganisha huduma za benki na majukwaa ya kidijitali ili kuwafikia wateja kwa ukaribu zaidi.