EQUITY BANK APPOINTS FAUZIA MALIK AND ANGELICA TARIMO AS NON EXECUTIVE DIRECTORS

Dar es Salaam, 12 March 2026 – Equity Bank Tanzania has announced the appointment of Fauzia Malik and Angelica Tarimo as Non-Executive Directors to its Board, strengthening the bank’s governance and strategic leadership as it continues to expand its role in Tanzania’s financial sector.

The appointments bring together deep expertise in entrepreneurship, taxation, governance, and corporate strategy, reinforcing the bank’s commitment to sustainable growth and financial inclusion.

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Fauzia Malik Joins the Board

Fauzia Malik is a seasoned entrepreneur and strategic business leader based in Tanzania, widely recognized for building and scaling successful enterprises across multiple sectors including manufacturing, consumer goods, wellness, and services.

She holds a Bachelor’s Degree in Computer Science with a minor in Business Administration from Barat College of DePaul University in the United States.

Malik currently serves as Managing Director of Tembo Tiles Limited and Chief Executive Officer of Super Meals Limited (Cool Blue). She is also the Founder and Director of Baby Tembo Limited, demonstrating her strong entrepreneurial track record.

Beyond her corporate leadership roles, Malik is an active member of the Entrepreneurs’ Organization (EO) Tanzania, where she has held leadership positions including Chapter President and Membership Chair. She also participates in the CEO Roundtable of Tanzania, contributing to national business dialogue and mentorship.

Her leadership style—marked by strong operational discipline and the ability to translate strategy into results—has earned her recognition within the regional business community.

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Angelica Tarimo Brings Governance and Tax Expertise

Angelica Tarimo joins the Board with more than 20 years of experience in taxation, governance, and regulatory advisory across Tanzania and the wider region.

She holds a Master of Business Administration (MBA) from the Eastern and Southern Africa Institute of Management (ESAMI) and a Bachelor of Science in Electrical Engineering from the University of Dar es Salaam.

Tarimo is a Certified Public Accountant (CPA), a Fellow of the Association of Chartered Certified Accountants (ACCA), and a registered tax consultant.

She currently serves as Partner and Head of Tax at Claritas International, where she leads the firm’s tax practice and advises clients on direct and indirect taxation, international tax structuring, corporate transactions, and dispute resolution.

Her previous professional experience includes senior roles at global advisory firms PwC and Deloitte.

Tarimo also sits on the board of the National Insurance Corporation of Tanzania, where she chairs the Risk and Governance Committee, and has previously served on committees of the National Board of Accountants and Auditors (NBAA).

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Strengthening Governance and Diversity

Commenting on the appointments, Florens Martin Tirukia, Chairman of Equity Bank Tanzania, welcomed the new directors, noting that their combined expertise will significantly strengthen the bank’s strategic direction.

“We are pleased to welcome Fauzia Malik and Angelica Tarimo to the Board of Equity Bank Tanzania. Their extensive experience in entrepreneurship, governance, taxation and strategic leadership will add tremendous value as we guide the Bank’s continued growth and transformation.”

STANBIC BANK YAANDAA FUTARI KUIMARISHA MAHUSIANO NA WADAU JIJINI DAR ES SALAAM

Omari Mtiga, Mkuu wa Wateja Binafsi na Wateja Maalum kutoka Stanbic Bank Tanzania (katikati), akimkaribisha Mufti Mkuu wa Tanzania, Abubakar Zubeir bin Ally, wakati wa futari maalum iliyoandaliwa na benki hiyo kwa wateja na viongozi wa dini katika Serena Hotel Dar es Salaam. Kulia ni Salim Abdallah Muhene. Tukio hilo lililenga kuimarisha mahusiano na wadau pamoja na kushiriki baraka za mwezi mtukufu wa Ramadan.

Mufti Mkuu wa Tanzania, Abubakar Zubeir bin Ally (kushoto), akipokea zawadi kutoka kwa Omari Mtiga, Mkuu wa Wateja Binafsi na Wateja Maalum wa Stanbic Bank Tanzania, wakati wa futari maalum iliyoandaliwa na benki hiyo kwa wateja na viongozi wa dini katika Serena Hotel Dar es Salaam. Kulia ni Wilmont Ishengoma, Mkuu wa Tahadhari wa Stanbic Bank Tanzania.

Benki ya Stanbic Bank Tanzania imeandaa futari maalum iliyofanyika jijini Dar es Salaam, ikiwa ni sehemu ya kushiriki baraka za mwezi mtukufu wa Ramadan pamoja na kuimarisha mahusiano na wadau wake mbalimbali.

Tukio hilo liliwakutanisha viongozi wa dini, viongozi wa benki pamoja na wateja katika mazingira ya mshikamano na tafakari ya maadili ya kijamii yanayohimizwa katika kipindi hiki cha Ramadhani. Futari hiyo pia ilitoa fursa kwa washiriki kukutana na kubadilishana mawazo katika mazingira ya kirafiki yanayochochea ushirikiano.

Mgeni rasmi katika hafla hiyo alikuwa Mufti Mkuu wa Tanzania, Abubakar Zubeir bin Ally. Ujumbe wa Stanbic Bank Tanzania uliongozwa na Omari Mtiga, Mkuu wa Wateja Binafsi na Wateja Maalum wa benki hiyo.

VODACOM FOUNDATION YALETA KAMBI YA AFYA BURE MOROGORO KWA UCHUNGUZI WA MAGONJWA YASIYOAMBUKIZA

Morogoro, Tanzania – 10 Machi 2026: Katika miaka ya hivi karibuni, magonjwa yasiyoambukiza yameendelea kuwa changamoto kubwa kwa afya ya jamii nchini Tanzania. Magonjwa kama shinikizo la damu, kisukari, magonjwa ya moyo na saratani yanaongezeka kwa kasi, huku watu wengi wakigundulika wakiwa tayari katika hatua za mwisho za ugonjwa kutokana na ukosefu wa uchunguzi wa mapema na uelewa mdogo kuhusu dalili na njia za kujikinga.

Kwa mujibu wa takwimu za afya nchini, magonjwa yasiyoambukiza yanachangia takribani asilimia 34 ya vifo vyote nchini Tanzania, jambo linaloonyesha umuhimu wa kuimarisha juhudi za kinga, uchunguzi wa mapema pamoja na elimu kwa jamii kuhusu namna ya kujikinga na magonjwa hayo.

Kwa jamii nyingi, hasa zile zilizo mbali na huduma za afya au zenye changamoto za kifedha, wananchi wengi huchelewa kufanya uchunguzi wa afya hadi pale hali inapokuwa mbaya zaidi. Hali hii huongeza hatari za kiafya ambazo zingeweza kuzuilika kupitia uchunguzi wa mapema pamoja na ushauri wa kitaalamu.

Vodacom Foundation Yaongeza Upatikanaji wa Huduma za Afya

Kwa kutambua umuhimu wa kukabiliana na changamoto hii, sekta binafsi zimeendelea kushirikiana na serikali katika kuboresha upatikanaji wa huduma za afya kwa jamii. Katika kuunga mkono juhudi hizi, Vodacom Tanzania Foundation imeanzisha kambi ya matibabu ya bure kwa ajili ya uchunguzi wa magonjwa yasiyoambukiza kwa wakazi wa Morogoro.

Mpango huu unalenga kusogeza karibu huduma muhimu za afya kwa wananchi kwa kuwapatia uchunguzi wa afya, ushauri wa kitabibu pamoja na elimu ya kujikinga na magonjwa yasiyoambukiza.

Baada ya kufanikisha kambi ya afya ya bure iliyofanyika hivi karibuni Zanzibar iliyohudhuriwa na zaidi ya wananchi 2,000 waliopata huduma mbalimbali za uchunguzi wa afya na ushauri wa kitabibu, sasa mpango huo umehamia Morogoro ili kuwafikia wananchi wengi zaidi.

Ushirikiano na Madaktari Bingwa wa Muhimbili

Kupitia ushirikiano na madaktari bingwa kutoka Muhimbili National Hospital, Vodacom Tanzania Foundation inaleta huduma za uchunguzi na matibabu bila malipo ili kusogeza huduma muhimu za afya karibu zaidi na wananchi.

NMB BANK LAUNCHES ‘JASIRI’ PLATFORM TO EMPOWER WOMEN ACROSS TANZANIA

In celebration of International Women’s Month, NMB Bank Plc has introduced Jasiri, a new platform designed to empower women across Tanzania by creating opportunities for dialogue, financial learning and business growth.

At the centre of the Jasiri initiative is the “Orange Couch”, a symbolic space that represents connection, learning and opportunity for women. The platform aims to bring women together to share ideas, build confidence, strengthen their financial knowledge and expand their businesses.

Through the Orange Couch conversations and engagements, women entrepreneurs, professionals and aspiring business leaders will have access to valuable insights, networking opportunities and practical guidance to help them grow their ambitions and succeed in their ventures.

Speaking about the initiative, NMB Managing Director and Chief Executive Officer, Ruth Zaipuna, welcomed women across the country to take part in the platform and benefit from the opportunities it offers.

She emphasized that the Orange Couch provides a welcoming environment where women can openly exchange ideas, learn from one another and unlock new possibilities for personal and business growth.

The Jasiri platform reflects NMB’s continued commitment to supporting women’s economic empowerment and strengthening the role of women in Tanzania’s economic development.

“When women succeed, families grow stronger and communities prosper,” the bank noted as it invited women across the country to be part of the initiative.

Karibu JASIRI. Karibu Tuyajenge.

ABSA BANK LAUNCHES ElevateHer AI PROGRAMME TO EMPOWER 5,000 YOUNG WOMEN WITH AI SKILLS

Absa Bank Tanzania Chief Operations Officer, Oscar Mwamfwagasi.

Dar es Salaam, Tanzania – 12 March 2026: Absa Bank Tanzania, in partnership with Microsoft and Women in Tech, has officially launched the ElevateHer AI Programme in Tanzania. This initiative aims to equip 5,000 young Tanzanian women with practical artificial intelligence (AI) skills and certification, strengthening their participation in the digital economy.

The ElevateHer programme is part of a larger continental initiative designed to train 50,000 women across Africa, providing them with the tools and knowledge to thrive in an AI-driven workforce.

Accessible, Year-Round Learning

Through ElevateHer, participants will have access to free, self-paced online learning pathways that cover:

• AI Fundamentals – Understanding the basics of artificial intelligence.
• AI Applications in Business – How AI is applied in real-world business scenarios.
• Career Development in an AI-Driven Workplace – Preparing for the future of work in an increasingly digital economy.

The programme is available throughout the year, making it accessible to women across Tanzania.

Supporting Women in Tech

Absa Bank Tanzania Chief Operations Officer, Oscar Mwamfwagasi, emphasized the importance of digital skills for young women:

“Artificial intelligence is transforming how economies operate and how people work. Through the ElevateHer AI Programme, Absa Bank Tanzania aims to ensure young Tanzanian women are equipped with the skills and confidence to participate in the digital economy and contribute to innovation and growth.”

VODACOM TANZANIA FOUNDATION YAJENGA MATUNDU 10 YA VYOO SHULE YA MSINGI MKATA, HANDENI

Meneja Mauzo Mwandamizi wa Vodacom Tanzania Kanda ya Kaskazini, Andrew Temu, akizungumza wakati wa makabidhiano ya matundu 10 ya vyoo vya kisasa vilivyojengwa na Vodacom Tanzania Foundation katika Shule ya Msingi Mkata, iliyopo wilayani Handeni mkoani Tanga. Tukio hilo lilihudhuriwa na Kaimu Mkurugenzi Mtendaji wa Halmashauri ya Wilaya ya Handeni, Yibarila Chiza (kulia), Meneja Uhusiano wa Masuala ya Serikali wa Vodacom Tanzania, Grace Lyon (kushoto), Mwenyekiti wa Msafara wa Twende Butiama, Gabriel Landa (wa pili kushoto), pamoja na wazazi, walimu na wanafunzi wa shule hiyo.

Uongozi wa Halmashauri ya Wilaya ya Handeni, timu ya Vodacom, wawakilishi wa Twende Butiama pamoja na walimu wakiwa katika picha ya pamoja baada ya kufunguliwa kwa vyoo vipya vya kisasa.

HANDENI, TANGA — Vodacom Tanzania Foundation, kwa kushirikiana na Twende Butiama pamoja na Stanbic Bank Tanzania, imejenga matundu 10 ya kisasa ya vyoo katika Shule ya Msingi Mkata iliyopo Halmashauri ya Wilaya ya Handeni, mkoani Tanga, ikiwa ni sehemu ya juhudi za kuboresha mazingira ya kujifunzia kwa wanafunzi na kurudisha kwa jamii.

Miundombinu hiyo ya usafi inalenga kuboresha hali ya afya na usafi shuleni hapo huku ikisaidia kupunguza changamoto ya uhaba wa vyoo iliyokuwa ikiathiri wanafunzi kwa muda mrefu.

Kuboresha Afya na Mazingira ya Kujifunzia

Akizungumza wakati wa kupokea msaada huo kwa niaba ya Mkurugenzi wa Halmashauri ya Wilaya ya Handeni, Yibarila Chiza alisema ujenzi wa vyoo hivyo utasaidia kulinda afya za wanafunzi na kuwahamasisha kutumia vyoo bora na vya kisasa shuleni na majumbani.

Alisema miundombinu hiyo pia itachangia kuboresha ufaulu wa wanafunzi kwa kupunguza msongamano na muda wa kusubiri huduma ya choo uliokuwepo hapo awali.

“Vyoo hivi vitasaidia kuboresha mazingira ya shule na kuwapa wanafunzi nafasi nzuri zaidi ya kuzingatia masomo yao,” alisema, huku akiwashukuru wadau waliowezesha mradi huo.

AKFED SELLS MAJORITY STAKE IN NATION MEDIA GROUP, ENDING 66-YEAR PARTNERSHIP

The Aga Khan Fund for Economic Development (AKFED) has announced the sale of its majority stake in Nation Media Group (NMG), marking the conclusion of a historic partnership that has lasted more than six decades.

The transaction involves the sale of 100% shareholding in NPRT Holdings Africa Limited to Taarifa Ltd. NPRT currently holds 54.08% of shares in Nation Media Group, representing 92,618,177 ordinary shares.

The announcement was made in Geneva, Switzerland on 10 March 2026, signaling a major shift in ownership for one of East Africa’s most influential media organizations.

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A Historic Media Legacy

AKFED’s relationship with Nation Media Group dates back to 1959, when Karim Aga Khan IV founded East African Newspapers (Nation Series) Ltd and acquired the Kiswahili weekly newspaper Taifa Leo.

What began as a modest effort to promote an independent press in East Africa grew into one of the region’s largest media organisations. Today, Nation Media Group operates more than 30 media brands across four countries, reaching over 62 million digital users and employing more than 1,000 professionals.

The group’s flagship publication, Daily Nation, first appeared on 20 March 1960 and quickly established itself as a trusted source of news and analysis. By the time Kenya gained independence in 1963, the publication had already become a respected voice in the country’s media landscape.

In 1973, Nation Media Group became one of the first African media companies to list on a securities exchange, with its shares trading on the Nairobi Securities Exchange.

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Supporting Digital Growth

According to AKFED, the decision to sell its stake comes as the media group continues to evolve in response to the rapidly changing digital media landscape.

The new investor, Taarifa Ltd, has committed to supporting Nation Media Group’s digital transformation strategy and strengthening its connection with audiences while maintaining the group’s tradition of public interest journalism.

AKFED noted that the transition will help accelerate NMG’s growth as a leading regional media organisation in an increasingly digital world.

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The Buyer Behind the Deal

Taarifa Ltd is owned by East African businessman and entrepreneur Rostam Aziz, who has extensive experience across sectors including media, telecommunications, mining, energy, agriculture, real estate and construction.

Aziz previously served as a shareholder in Mwananchi Communications Limited in Tanzania between 2000 and 2006, where he helped establish publications such as Mwananchi, The Citizen, and Mwanaspoti, which were later acquired by Nation Media Group.

NCBA HOSTS IFTAR IN ZANZIBAR, REINFORCING FINANCIAL INCLUSION AND CUSTOMER PARTNERSHIPS

From left: Mr. Sudi Said Ally, Director at Zanzibar State Trading Corporation (ZSTC); Dr. Juma Malik Akil, Minister of Finance and Planning – Zanzibar; and Rahim Suleiman, Head of Global Markets at NCBA Bank Tanzania, during the NCBA customer Iftar dinner held at Verde Hotel Zanzibar, where the bank hosted key partners and clients in the spirit of Ramadan.

As the sun set over Zanzibar and the call to prayer marked the breaking of the fast, business leaders, entrepreneurs and community stakeholders gathered at Verde Hotel for an evening reflecting the deeper spirit of Ramadan — unity, generosity and shared purpose.

Hosted by NCBA Bank Tanzania, the customer Iftar dinner brought together clients, partners and policymakers in a moment of reflection that highlighted the growing role of financial institutions in enabling economic opportunity and strengthening communities.

Speaking on behalf of Managing Director, Alex Mziray, NCBA Head of Global Markets, Rahim Suleiman said Ramadan offers an important opportunity for institutions to reconnect with the communities they serve and reflect on the responsibility of supporting progress.

“Ramadan is a month that calls us to pause, reflect and realign our intentions. At NCBA Bank Tanzania, we believe banking must be human, accessible and capable of creating shared progress across the communities we serve,” he said.

Suleiman noted that even during a sacred period of reflection, the realities of life and business continue. Traders still require stock, families need financial flexibility, transport operators must keep goods moving and entrepreneurs must manage their businesses and expansion plans.

“Our responsibility as a financial partner is to ensure that our financial ecosystem supports that rhythm,” he said.

Through Asset Finance, NCBA continues to support businesses acquiring vehicles, machinery and equipment that drive productivity across sectors such as logistics, trade, construction and enterprise.

“When we finance a vehicle or productive equipment, we are not simply financing assets. We are enabling movement, strengthening supply chains and supporting employment across the economy,” Suleiman added.

EQUITY BANK YAADHIMISHA SIKU YA WANAWAKE DUNIANI NA KUENDELEZA UWEZESHAJI WA WANAWAKE

Dar es Salaam: Benki ya Equity Tanzania imeungana na dunia kuadhimisha Siku ya Wanawake Duniani 2026 kwa kusherehekea na kutambua mchango mkubwa wa wanawake ambao ni wateja na pia wafanyakazi wa benki hiyo.

Maadhimisho hayo yalileta pamoja wanawake kutoka makundi mbalimbali, yakitoa fursa ya kutambua na kusherehekea mchango wao muhimu katika maendeleo ya biashara, jamii na uchumi kwa ujumla. Tukio hilo pia lilikuwa jukwaa la kukutana, kubadilishana mawazo na kusherehekea nguvu, uthabiti na ubunifu wa wanawake wanaoendelea kufanya mambo yawezekane kila siku.

Kupitia kaulimbiu ya mwaka huu ya Siku ya Wanawake Duniani, “Give to Gain,” Equity Bank Tanzania imewahimiza wanawake kutambua kuwa maendeleo ya kweli hupatikana pale wanapowekeza kwa wengine, wanapofungua milango ya fursa na kujenga mazingira ya ujumuishi kwa wote.

Benki hiyo pia imeeleza kujivunia mchango mkubwa wa wanawake katika safari yake ya mafanikio, kuanzia katika utoaji wa huduma kwa wateja, uendeshaji wa biashara hadi kushika nafasi mbalimbali za uongozi ndani ya taasisi hiyo.

Katika mwezi huu wa kuadhimisha wanawake, Equity Bank Tanzania inaendelea kuwawezesha wanawake kifedha kupitia dirisha lake maalum la Mwanamke Plus, ambalo limebuniwa kusaidia kukuza uwezo wa kiuchumi wa wanawake.

Kupitia huduma hiyo, wanawake wanaweza kupata ufadhili wa mikopo kwa asilimia 100 kwa ajili ya biashara na makazi, pamoja na mafunzo na elimu ya kifedha bila malipo ili kuwajengea uwezo wa kusimamia vyema fedha na biashara zao.

TANZANIA’S MORTGAGE MARKET GROWS TO 720.8 BILLION AS HOUSING DEMAND CONTINUES TO RISE

Tanzania’s mortgage market continues to show steady growth, reflecting rising demand for housing finance and increasing participation by financial institutions in the sector.

According to the Tanzania Mortgage Market Update as of 30 September 2025, the total value of residential mortgages reached TZS 720.81 billion, representing a 3.8 percent increase from TZS 694.35 billion recorded in June 2025. On a year-on-year basis, the market expanded by 10.92 percent compared to TZS 649.84 billion recorded in September 2024.

The data highlights the continued evolution of the mortgage industry in Tanzania as the country works to address a growing housing deficit while expanding access to long-term housing finance.

Mortgage Market Expands with 29 Lenders

The number of financial institutions offering mortgage products has grown significantly in recent years. As of September 2025, 29 banks and financial institutions were actively providing residential mortgages, reflecting growing competition and broader access to housing finance in the country.

Despite this increase in participation, the market remains concentrated among a few major lenders. The top five primary mortgage lenders account for 62 percent of the total outstanding mortgage debt in Tanzania.

Leading Mortgage Lenders in Tanzania

The leading institutions in the mortgage market include:

• CRDB Bank Plc – 31.23% market share
• NMB Bank Plc – 12.74%
• Azania Bank Plc – 8.09%
• Tanzania Commercial Bank Plc – 5.22%
• First Housing Finance Company Limited – 5.15%

These institutions continue to play a significant role in expanding mortgage financing and supporting residential housing development across the country.

Average Mortgage Loan Size Reaches TZS 124 Million

The average mortgage loan size stood at TZS 124.17 million (approximately US$50,579) as of September 2025, up slightly from TZS 122.72 million recorded in the previous quarter.

Meanwhile, the ratio of mortgage debt to Gross Domestic Product (GDP) increased modestly to 0.46 percent, compared to 0.43 percent in the previous quarter, indicating gradual expansion of housing finance relative to the overall economy.

Economic Growth and Population Driving Housing Demand

Demand for housing in Tanzania continues to grow, supported by several structural factors. These include:

• Sustained economic growth averaging about 5.8 percent over the past decade
• A rapidly growing population expected to more than double by 2050
• Ongoing government and international initiatives to expand affordable housing development

ACI FMA TANZANIA HOSTS IFTAR TO STRENGTHEN DIALOGUE ON FINANCIAL MARKET DEVELOPMENT

ACI FMA Tanzania President, Mr. Farid Yahya Ally, addresses participants during an iftar dinner in Dar es Salaam. The gathering brought together market participants, policymakers, and regulators to strengthen collaboration and promote a resilient financial market environment in the country. ACI FMA Tanzania is a non-profit organisation that promotes best market practices by providing financial markets practitioners with training, professional engagement opportunities, and certifications.

Dar es Salaam Stock Exchange (DSE) Chief Executive Officer, Mr. Peter Nalitolela (right), ACI FMA Global President, Mr. Rui Correia, and ACI FMA Tanzania President, Mr. Farid Yahya Ally, serve iftar dinner during an event hosted by ACI FMA Tanzania in Dar es Salaam.

ACI FMA Tanzania President, Mr. Farid Yahya Ally (right), exchanges views with ACI FMA Global President, Mr. Rui Correia (left), and Bank of Tanzania Senior Financial Analyst, Mr. Stanslaus Shenyali, during an iftar dinner hosted by ACI FMA Tanzania in Dar es Salaam.

ACI Financial Markets Association Tanzania has reaffirmed its commitment to supporting the sustainable growth of Tanzania’s financial markets and contributing meaningfully to the broader development of the national economy.

The commitment was highlighted by the Association’s President, Farid Yahya Ally, during an iftar gala held in Dar es Salaam over the weekend. The event featured a panel discussion focusing on the progress and challenges facing Tanzania’s financial markets and brought together market participants, policymakers, and regulators.

“Through continued collaboration with regulators, policymakers, and industry participants, the Association will continue to support initiatives aligned with Tanzania’s long-term development objectives, including the aspirations of DIRA 2050, which aims to build a one-trillion-dollar economy,” said Mr. Ally.

UNDP NA SERIKALI YA UINGEREZA WATOA MIL. 70 KUSAIDIA BIASHARA BUNIFU ZA WANAFUNZI WA VYUO VIKUU

Zanzibar, Machi 9, 2026 — United Nations Development Programme (UNDP) Tanzania kwa kushirikiana na Serikali ya Uingereza kupitia Foreign, Commonwealth & Development Office (FCDO) wametoa zaidi ya TSh milioni 70 kama mtaji wa awali (seed funding) kusaidia biashara bunifu zilizoanzishwa na wanafunzi wa vyuo vikuu nchini Tanzania.

Ufadhili huo umetolewa katika msimu wa pili wa Mpango wa Kubadilishana Ujuzi miongoni mwa Wahadhiri wa Vyuo Vikuu Afrika ya Mashariki, uliofanyika kwa siku tatu katika kampasi ya Indian Institute of Technology Madras Zanzibar.

Mpango huo uliwaleta pamoja wabunifu wanafunzi, viongozi wa vyuo vikuu, wakufunzi pamoja na wadau wa mfumo wa ubunifu, kwa lengo la kuimarisha nafasi ya vyuo vikuu kama injini za ujasiriamali na ubunifu.

Mpango huu unaendeleza mafanikio ya toleo la kwanza lililojulikana kama RISE 4.0, ambalo liliweka msingi wa kusaidia vijana wabunifu kubadilisha mawazo ya darasani kuwa biashara halisi zinazoweza kukua na kushindana sokoni.

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Ushirikiano wa Kuimarisha Mfumo wa Ubunifu

Mpango huu unatekelezwa na UNDP kupitia Mradi wa FUNGUO, kwa ushirikiano na FCDO. Ushirikiano huu unalenga kuimarisha mfumo wa ubunifu nchini Tanzania kwa kuwaunganisha wanafunzi na:

• Ushauri elekezi (mentorship)
• Fursa za ufadhili
• Mafunzo ya ujasiriamali
• Mitandao ya wadau wa ubunifu na wawekezaji

Kupitia mpango huu, wabunifu vijana wanapata mazingira bora ya kuendeleza mawazo yao hadi kuwa biashara endelevu.

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Mafunzo na Ushauri kwa Wabunifu Vijana

Kabla ya kutangazwa kwa washindi, timu za wanafunzi zilipata mafunzo na ushauri wa kina kutoka kwa wataalamu wa vyuo vikuu na wadau wa mfumo wa ubunifu.

Mafunzo hayo yalijikita katika:

• Uundaji wa mawazo ya biashara
• Ukuaji wa biashara changa (startups)
• Mikakati ya kuingiza ubunifu sokoni
• Kujenga biashara zinazoweza kupanuka na kushindana kibiashara

DIAMOND TRUST BANK HONORS FEMALE EMPLOYEES ON INTERNATIONAL WOMEN’S DAY 2026

In commemoration of International Women’s Day 2026, Diamond Trust Bank Tanzania (DTB) celebrated the remarkable contributions of its female employees under the theme “Give to Gain.” The bank took the opportunity to formally recognise the vital role women play in driving the organisation’s success and supporting its continued growth.

As part of the celebration, tokens of appreciation were presented to women across the organisation. The gesture served as both recognition of their dedication and a reaffirmation of the bank’s commitment to promoting gender diversity, inclusivity, and equal opportunities within the workplace.

During a special ceremony held to mark the occasion, the Chief Executive Officer, Ravneet Chowdhury, joined female members of the bank’s management team in presenting the tokens of appreciation to employees. The event highlighted DTB’s gratitude for the professionalism, resilience, and hard work consistently demonstrated by its female workforce.

PUMA ENERGY HOSTS IFTAR IN ZANZIBAR TO STRENGTHEN PARTNERSHIPS & COMMUNITY UNITY

ZANZIBAR, 6 March 2026 – Puma Energy Tanzania hosted a special Iftar gathering in Zanzibar, bringing together clients, partners, government leaders and key stakeholders in a spirit of unity and appreciation during the holy month of Ramadan.

The gathering served as an opportunity for the company to recognise the continued support of its customers and partners whose collaboration plays an important role in its operations across the country, including its growing presence in Zanzibar.

Held during Ramadan — a time that emphasises compassion, generosity and togetherness — the shared meal created a space for meaningful dialogue and stronger connections beyond formal business engagements. Guests broke their fast together while engaging with company leadership in an atmosphere of reflection and partnership.

The event was graced by the Guest of Honour, the Minister of Water, Energy and Minerals of Zanzibar, Nadir Abdullatif Al‑Wardy.

Strengthening Stakeholder Relationships

Speaking during the event, Managing Director of Puma Energy Tanzania, Fatma M. Abdallah, said the gathering reflected the company’s commitment to building strong relationships with stakeholders and the communities it serves.

“This gathering is our way of recognising the importance of our stakeholders and community in our journey. Their continued trust enables us to operate responsibly and expand access to reliable energy solutions. Ramadan offers a meaningful moment to express gratitude and reaffirm our commitment to service, integrity and collaboration,” said Ms. Abdallah.

Minister Nadir Abdullatif Al‑Wardy commended the initiative, noting that strong collaboration between the public and private sectors plays an important role in supporting Zanzibar’s economic development.

“Ramadan reminds us of the values of unity, generosity and shared responsibility. Platforms like this Iftar strengthen relationships between institutions, businesses and communities. We appreciate partners such as Puma Energy who continue to contribute to Zanzibar’s development by supporting key sectors including energy and aviation infrastructure,” he said.

AKIBA COMMERCIAL BANK ENGAGES WOMEN ENTREPRENEURS AHEAD OF INTERNATIONAL WOMEN’S DAY

Akiba Commercial Bank’s Chief Commercial Officer, Wezi Mwazani speaks during the engagement.

In celebration of International Women’s Day, Akiba Commercial Bank Plc hosted a special engagement event in Dar es Salaam on 6 March 2026, bringing together female entrepreneurs served by the bank from various branches across the city.

The event formed part of the bank’s Lady Entrepreneur Campaign, an initiative aimed at strengthening relationships with women customers while promoting financial empowerment and business growth.

Supporting Women in Business

Speaking during the engagement, the Bank’s Chief Commercial Officer, Wezi Mwazani, highlighted the important role women play in economic development and community transformation.

She emphasized that women entrepreneurs remain a key focus for the bank as it continues to expand financial inclusion and support the growth of small and medium-sized enterprises (SMEs).

Mwazani noted that the bank is committed to providing tailored financial solutions designed to meet the needs of women at different stages of their entrepreneurial journey.

“Women entrepreneurs continue to demonstrate resilience and innovation in business. At Akiba Commercial Bank, we are committed to supporting women with financial solutions, knowledge, and opportunities that help them grow their businesses and improve their livelihoods,” she said.

Entrepreneurs Share Their Experiences

During the engagement, customers expressed appreciation for the support extended by the bank through its financial services and advisory initiatives.

Participants noted that access to banking services and financing has enabled them to:

• Strengthen and expand their businesses
• Increase household income
• Improve their standards of living

Some entrepreneurs also highlighted that the support received has helped them contribute more actively to community development and job creation, demonstrating the wider impact of empowering women in business.

KCB BANK TANZANIA PARTICIPATES IN EAC HEADS OF STATE SUMMIT IN ARUSHA

Arusha, Tanzania – 7 March 2026: KCB Bank Tanzania, led by its Managing Director, Cosmas Kimario (first right), participated in the East African Community (EAC) Heads of State Summit held in Arusha on 7 March 2026.

The bank’s participation underscored its commitment to supporting regional economic integration and advancing financial solutions that facilitate trade and investment across the East African region.

During the summit, discussions focused on key areas including the development of digital financial services, the expansion of regional capital markets, and initiatives aimed at strengthening cross-border trade among EAC member states.

A major highlight of the event was the launch of the EAC Customs Bond, a strategic initiative designed to streamline customs procedures and simplify business operations for traders operating within the East African Community.

The introduction of the regional customs bond is expected to enhance efficiency in cross-border trade by reducing administrative barriers and supporting smoother movement of goods across member countries.

By taking part in such high-level engagements, KCB Bank Tanzania continues to demonstrate its role as a key financial partner in driving regional trade, innovation in digital finance, and the growth of integrated capital markets within the East African Community.

ABSA BANK RECOGNISED WITH RISING WOMEN AWARD FOR ADVANCING WOMEN EMPOWERMENT

Absa Bank Tanzania Managing Director, Mr. Obedi Laiser (sixth from left), poses with the Rising Women Award shortly after receiving it from the Minister of State, President’s Office – Planning and Investment, Prof. Kitila Mkumbo (fifth from left), in Dar es Salaam over the weekend. The bank was recognised for its unwavering commitment to empowering women, advancing financial inclusion, and creating meaningful opportunities for women’s representation in leadership positions.

Minister of State, President’s Office – Planning and Investment, Prof. Kitila Mkumbo, presents the Rising Women Award to Absa Bank Tanzania Managing Director, Mr. Obedi Laiser (second from right), in Dar es Salaam.

Dar es Salaam, Tanzania, 8 March 2026 – Absa Bank Tanzania has been recognised with the Rising Women Award in acknowledgment of its strong commitment to empowering women, promoting financial inclusion, and advancing women’s representation in leadership.

The recognition was presented by Kitila Mkumbo, Minister of State in the President’s Office responsible for Planning and Investment, during a brief ceremony held in Dar es Salaam over the weekend.

Receiving the award on behalf of the bank, Obedi Laiser, Managing Director of Absa Bank Tanzania, said the recognition reflects the institution’s continued efforts to support women’s economic empowerment and create inclusive opportunities within the financial sector.

Absa Bank Tanzania has in recent years strengthened initiatives aimed at supporting women entrepreneurs, expanding access to financial services, and increasing women’s participation in leadership roles within the organisation.

During the ceremony, Prof. Mkumbo presented the Rising Women Award to Laiser, commending the bank for its role in championing gender inclusion and supporting initiatives that empower women economically and socially.

In a related moment during the event, Abigail Lukuvi, Citizenship and Events Manager at Absa Bank Tanzania, received a token of appreciation in recognition of the bank’s contribution to the Rising Women Initiative.

MASTERCARD YAITAMBUA EXIM BANK KWA TUZO MBILI ZA ELITE BANKING NA MATUMIZI YA KADI 2025

Afisa Mkuu wa Fedha wa Benki ya Exim Tanzania, Bw. Shani Kinswaga, akipokea moja ya tuzo mbili kutoka kwa Makamu wa Rais Mwandamizi – Meneja wa Nchi, Afrika Mashariki na Visiwa vya Bahari ya Hindi wa Mastercard, Shehryar Ali (wa pili kushoto), wakati wa ziara ya Mastercard katika ofisi za benki hiyo jijini Dar es Salaam. Tukio hilo lilishuhudiwa na Makamu wa Rais na Meneja wa Akaunti wa Mastercard, Elsie Kaguru (kushoto); Mkuu wa Kitengo cha Wateja Binafsi na wa Kati wa Benki ya Exim Tanzania, Andrew Lyimo (wa pili kulia); pamoja na Mkuu wa Uendeshaji na Utoaji wa Huduma wa Benki ya Exim, Tumaini Mwakafwaga (kulia).

Dar es Salaam, Tanzania – Kampuni ya kimataifa ya teknolojia ya malipo, Mastercard, imefanya ziara maalum katika makao makuu ya Exim Bank Tanzania jijini Dar es Salaam, kuimarisha zaidi ushirikiano wa kimkakati kati ya taasisi hizo mbili pamoja na kukabidhi tuzo mbili muhimu kufuatia mafanikio ya benki hiyo kwa mwaka 2025.

Katika ziara hiyo, Exim Bank Tanzania ilitunukiwa tuzo ya “Best Elite Banking Proposition – 2025” pamoja na “Highest Spend Per Card in Tanzania – 2025”, tuzo zinazoonesha mafanikio yake katika kubuni na kuendesha huduma za kibenki za hadhi ya juu pamoja na kuongoza kwa matumizi ya kadi nchini.

Mafanikio ya Elite Banking

Tuzo hizi zinatokana na mafanikio yaliyopatikana kufuatia uzinduzi wa huduma ya Elite Banking mnamo Julai 2025, huduma iliyobuniwa mahsusi kuwahudumia wateja wa hadhi ya juu (High-Net-Worth Individuals). Huduma hii inalenga kutoa suluhisho za kifedha zinazolingana na mahitaji na mtindo wa maisha wa wateja hao.

Kupitia huduma hiyo, wateja hupatiwa Meneja Mahusiano binafsi (Relationship Manager) anayewasaidia kupata suluhisho za uwekezaji na mikopo ya mtu binafsi. Vilevile, wateja hufaidika na manufaa ya kimataifa ikiwemo upatikanaji wa airport lounges kupitia huduma ya Mastercard DragonPass.

Kuimarika kwa Matumizi ya Kadi

Kwa upande mwingine, tuzo ya “Highest Spend Per Card in Tanzania – 2025” inaonesha mafanikio ya benki katika kuhamasisha matumizi ya kadi kwa wateja wake. Mafanikio hayo yamechangiwa na kampeni mbalimbali za kimkakati, ikiwemo UEFA Priceless Campaign, ambayo ilihamasisha matumizi ya kadi katika malipo huku ikitoa fursa za kipekee kwa washindi kufurahia ofa za kimataifa.

Akizungumza wakati wa hafla ya kukabidhi tuzo hizo, Mkuu wa Kitengo cha Wateja Binafsi wa Exim Bank Tanzania, Andrew Lyimo, alisema tuzo hizo ni uthibitisho wa mkakati wa benki hiyo wa kuinua viwango vya huduma za kibenki za hadhi ya juu nchini.

“Tuzo hizi kutoka Mastercard ni uthibitisho wa mkakati wetu wa kubadilisha na kuinua viwango vya huduma za kibenki za hadhi ya juu nchini Tanzania. Uzinduzi wa Elite Banking mwaka 2025 ulikuwa hatua muhimu katika safari yetu ya kuwahudumia wateja wetu kwa ubora wa hali ya juu, kwa kuunganisha suluhisho bora za kifedha na ofa za kipekee kulingana na mfumo wa maisha ya wateja wetu. Mafanikio haya yanatokana na imani ya wateja wetu pamoja na uwekezaji wetu endelevu katika ubunifu na teknolojia.”

WAZIRI WA FEDHA BALOZI KHAMIS MUSSA OMAR AONGOZA WATEJA WA NBC KATIKA FUTARI MAALUM

Waziri wa Fedha, Balozi Khamis Mussa Omar (katikati) akipokea zawadi maalum kutoka kwa Mwenyekiti wa Bodi ya Wakurugenzi wa NBC, Dk. Elirehema Doriye (kushoto), wakati wa hafla ya futari iliyoandaliwa na benki hiyo kwa ajili ya wateja wake jijini Dar es Salaam. Anayeshuhudia ni Mkurugenzi Mtendaji wa NBC, Bw. Theobald Sabi (kulia).

Waziri wa Fedha, Balozi Khamis Mussa Omar (mbele) akiwaongoza wageni waalikwa kupata futari wakati wa hafla ya futari iliyoandaliwa na Benki ya NBC kwa ajili ya wateja wake jijini Dar es Salaam.

Azikumbusha Taasisi za Fedha Kusaidia Kutimiza Dira ya Taifa 2050

Dar es Salaam, Machi 6, 2026 — Waziri wa Fedha, Balozi Khamis Mussa Omar, aliwaongoza baadhi ya Waislamu jijini Dar es Salaam kushiriki hafla ya futari iliyoandaliwa na Benki ya Taifa ya Biashara (NBC) kwa ajili ya wateja na wadau mbalimbali wa benki hiyo.

Hafla hiyo iliyofanyika katika Hoteli ya Johari Rotana, Dar es Salaam, ililenga kuimarisha mahusiano kati ya benki hiyo na wadau wake, huku ikitumika pia kama jukwaa la kukumbushana wajibu wa taasisi za fedha katika kuchangia maendeleo ya taifa.

Katika hotuba yake, Waziri Omar alizikumbusha taasisi za fedha nchini umuhimu wa kuchangia utekelezaji wa Dira ya Taifa ya Maendeleo ya mwaka 2050, inayolenga kujenga Tanzania yenye uchumi wa kisasa unaochochewa na uwekezaji, viwanda, biashara pamoja na ubunifu wa kidijitali.

Hafla hiyo ilihudhuriwa na viongozi mbalimbali wa serikali, viongozi wa dini pamoja na wateja na wadau wa benki hiyo. Uongozi wa NBC uliwakilishwa na Mwenyekiti wa Bodi ya Wakurugenzi, Dk. Elirehema Doriye, pamoja na Mkurugenzi Mtendaji wa benki hiyo, Bw. Theobald Sabi, na maofisa wengine waandamizi.

Taasisi za Fedha Zasisitizwa Kujenga Uaminifu

Akizungumza katika hafla hiyo, Waziri Omar aliishukuru na kuipongeza NBC kwa kuandaa tukio hilo la kiimani, akisisitiza kuwa uthabiti wa sekta ya fedha ni nguzo muhimu katika kukuza uchumi wa taifa.

Alieleza kuwa ili kufanikisha hilo, ni muhimu taasisi za fedha kuendelea kujenga uaminifu mkubwa kwa wateja wao.

“Hii ndiyo sababu tunazithamini sana taasisi za fedha zinazojenga ukaribu zaidi na wateja pamoja na wadau wake muhimu. Tunaamini kwamba uaminifu ndio msingi wa mzunguko wa fedha katika uchumi, kama ilivyo kaulimbiu yenu ya ‘Daima Karibu Nawe’. Nawapongeza sana NBC kwa kuendeleza utamaduni huu,” alisema.

Aidha, alibainisha kuwa Serikali imeweka msisitizo mkubwa katika kujenga uchumi jumuishi, shindani na unaotegemea uzalishaji wa ndani, hivyo sekta ya fedha ina nafasi kubwa katika kufanikisha azma hiyo.

“Ili kufikia malengo ya Dira ya Taifa ya Maendeleo ya mwaka 2050, sekta ya fedha hasa benki zina jukumu la msingi — si tu kutoa huduma za kifedha bali pia kuwa wawezeshaji wa mageuzi makubwa ya kiuchumi,” alisisitiza.

SERENGETI BREWERIES STRENGTHENS PARTNERSHIP WITH GOVERNMENT TO BOOST AGRICULTURAL DEVELOPMENT

Dar es Salaam, Tanzania – March 6, 2026 — Serengeti Breweries Limited (SBL) has held a strategic meeting with the Minister for Agriculture, Daniel Chongolo, aimed at strengthening public-private collaboration to support Tanzania’s agricultural development, empower farmers, and expand local value chains.

The SBL delegation was led by Board Chairman, Paul Makanza and Managing Director, Obinna Anyalebechi.

During the engagement, the company congratulated the minister on his recent appointment and reaffirmed its long-term commitment to supporting the government’s agricultural transformation and industrialisation agenda through sustained private sector investment.

Strengthening Local Agricultural Supply Chains

SBL highlighted its growing investment in local agriculture and its efforts to strengthen domestic supply chains.

In 2024, the company sourced approximately 20,000 tonnes of grains locally, representing 80% of its annual raw material requirements. This approach reduces reliance on imports while creating stable market opportunities for Tanzanian farmers.

By integrating locally grown barley, maize, and sorghum into its brewing operations, SBL is strengthening the link between agriculture and manufacturing while contributing to Tanzania’s broader industrialisation goals.

On average, the company contributes over TZS 15 billion annually to farmers within its agricultural supply chain.

Empowering Farmers Through “Shamba ni Mali”

SBL also showcased its flagship agricultural empowerment programme, “Shamba ni Mali,” launched in 2025 to improve farmer productivity and promote sustainable sourcing.

Through the programme, the company collaborates with more than 600 farmers cultivating barley, maize, and sorghum. Participants receive:

• Agronomic training
• Access to improved inputs
• Support for regenerative agriculture practices

These initiatives help improve soil health, increase yields, and promote climate-smart farming.