HOW PREPARED ARE WE FOR PERSONAL RESPONSIBILITY FOR OUR BOARDROOM MISTAKES? - FRANK MUGETA NYABUNDEGE

SERENGETI BREWERIES ORDERED TO PAY EX-WORKER 1.4BN/- FOR ILLEGAL TERMINATION

The Commission for Mediation and Arbitration (CMA) has ordered Serengeti Breweries Limited (SBL) to pay its former General Manager, Human Resources, Dr Hectoor Sequeiraa, about 1.4bn/- for illegal termination of his employment.

“On the premises, the Commission is convinced that the respondent (SBL) did not have the valid reason to terminate the complainant (Dr Sequeiraa) from the service,” the CMA Arbitrator Alfred Massay, said in his award.

The arbitrator gave the brewery company 14 days to pay the money, which include 130,680 US dollars, being reminder of 18 months salaries and other terminal benefits, notably subsistence expense from the date of termination to the date of repatriation.

An Indian expatriate, Dr Sequeiraa, was terminated from employment in 2009 on ground that his position would be localised, purportedly on the directives by the Tanzania Investment Centre (TIC) and the SBL that they offered the post to one Diana Malambuigi, a Tanzanian.

KENYA AIRWAYS BLAMES TOURISM SLUMP FOR RECORD LOSSES

One of Africa's largest airlines Kenya Airways has announced its biggest ever annual loss.

It has partly blamed the $290m (£188m) shortfall on a decline in Kenya's tourism sector.

Some countries had issued travel advisories warning about terror threats in certain areas.

Finance Director Alex Mbugua also told investors that the airline has been hit by competition from Gulf carriers, reports the Reuters news agency.

SHELL IS AXING 6,500 STAFF AND SELLING $20 BILLION IN ASSETS TO COMPETE WITH THE OIL PRICE SLUMP

Oil giant Royal Dutch Shell just announced its Q2 results — and though they're better than expected, the firm is taking an axe to costs anyway.

Here's what you need to know:

• Adjusted earnings have slumped from last year, down 37% to $3.8 billion (£2.44 billion). That's still better than the $3.4 billion analysts expected.
• Revenue for the first half of the year is down from $220.9 billion (£141.66 billion) in 2014 to $138.1 billion (£88.56 billion) this year.
• 6,500 jobs will be cut across the board.
• Capital investment has been cut by a fifth, down $7 billion (£4.49 billion).
• They're selling $20 billion (£12.83 billion) in assets over 2014-15.

The general message today from Shell is that even though they expect oil prices to bounce back, they're still cutting costs pretty sharply. They're also happy with progress on their takeover of BG, another huge oil firm, which was announced in April this year.

Here's what CEO Ben van Beurden had to say:

TANZANIA'S FIRST MOBILE APPLICATION FOR NEWSPAPERS, MAGAZINES & BOOKS

 Have you ever looked for authentic news on your mobile device and couldn't find one? 

Have you ever stuck in traffic and wished you could have picked a newspaper that you saw earlier?

Have you ever missed a job, tender announcement on a newspaper and couldn't find it anywhere because it was last week’s paper?

Have you ever thought of holding all local newspapers and magazines for the whole year on your hand?

ADVANCED TECHNOLOGY INCREASINGLY SHAPING AFRICA'S FINANCIAL SECTOR

Sumesh Rahavendra, Vice President of Sales
for DHL Express SubSaharan Africa.

LUTZVILLE WINES LAUNCH IN TANZANIA, WINS PRAISE FROM SOUTH AFRICAN ENVOY

South African High Commissioner to Tanzania, Thamasanqa Mseleku with Jaco van Niekerk of Lutzville Vineyard.

Guests with winemaker Jaco van Niekerk at the launch of Lutzville Wines in Tanzania.

WHAT DO CUSTOMERS REALLY WANT?

Fatima Sullivan, Vice President of Customer
Services for DHL Express Sub-Saharan Africa.

INCREASED SMARTPHONE USE BOLSTERS DIGITAL ADVERTS

Tanzanian brands have been urged to embrace and adopt digital advertising to reach their target consumers if a sustained growth of commerce is to be achieved.

On average, the Tanzanian user looks at their smartphone more than 200 times in a day, which consists of time spent checking social media feeds to messaging on WhatsApp and e-mails.

Data from Internet World Stats shows that Tanzania recorded 7,590,794 million internet users as of December 2014 translating to 15.3 per cent Tanzanians being consistently online.

With more Tanzanians using smartphones coupled with the ever reducing data prices and increased speeds, the internet is one medium that no brand should ignore.

Squad Digital Managing Director Mr Manish Sardana says that the Generation Y group, 18 - 34 year olds who make approximately 20 per cent of Tanzania’s total population are inseparable from their smartphones, hence brands should develop communication that is mobile friendly.

GRAND POWER PLAN ON TANESCO CARDS

Tanesco Managing Director, Engineer Felchesmi Mramba.

The Tanzania Electric Supply Company Limited (TANESCO) expects to use more than 4 billion US dollars in implementing various projects for generation, distribution and transmission of energy, including energy gas production projects that will help to produce a 300-megawatt surplus.

The national power utility firm is also expecting to change the vending system for its prepaid electricity consumption arrangement, LUKU (Lipia Umeme Kadiri Utumiavyo) among distributors - from the Eclipse system to 3E (Eclipse Enterprise Edition) one.

Addressing a press conference in Dar es Salaam yesterday, Tanesco Managing Director, Engineer Felchesmi Mramba, said the gas energy production projects include the construction of Mtwara to Dar es Salaam gas pipeline and the Kinyerezi 1 Energy Project, which are expected to be completed by the end of next month.

BARACK OBAMA LECTURES AFRICA ON GRAFT, DEMOCRACY AND TERROR WAR

US President Barack Obama delivers a speech at the African Union Headquarters in Addis Ababa on July 28, 2015. US President Barack Obama said it was time for the world to change its approach to Africa, as he made the first address to the African Union by a US leader.

US President Barack Obama said Tuesday that it was time for the world to change its approach to Africa, as he made the first address to the African Union by a US leader.

"As Africa changes, I've called for the world to change its approach to Africa," Obama said in a speech at the AU's headquarters in Ethiopia's capital.

"A half century into this independence era, it is long past time to put aside old stereotypes of an Africa forever mired in poverty and conflict. The world must recognise Africa's extraordinary progress."

Mr Obama said Africa needed more trade, and that the United States was stepping up its business ties with the continent.

TULLOW SET TO BEGIN KENYA OIL PRODUCTION BY 2020

An oil rig worker at Ngamia 3, one of the oil wells drilled by Tullow Oil and its partner Africa Oil in Turkana. Oil production is expected to begin in 2020.

Tullow Oil has announced it expects to produce oil for the first time in Kenya by 2020.

The announcement made through its 2015 half year report puts to rest speculations that had earlier suggested Kenya would start producing oil by 2017.

In the report released on Wednesday, the multinational exploration company says a sanction decision for oil production is expected by the end of 2016, and that the first production will happen “approximately three and a half years post project sanction”.

EAST AFRICA AIR TRANSPORT IN FRESH RE-ORGANISATION AMID EXITS AND ENTRIES BY MAJOR AIRLINES

East Africa’s air travel faces another round of re-organisation as two major airlines end direct flights from the region to key destinations in Europe in October.

In October, British Airways will terminate direct flights between Entebbe, Uganda, and the UK’s main Heathrow airport while Brussels Airlines will stop direct flights from Nairobi to the Belgian capital Brussels.

The exit of British Airways from the Uganda route after 24 years means the airline will now have Nairobi as its hub in the region. British Airways ended direct flights between Heathrow and the Tanzania commercial capital Dar es Salaam in March 2013, also citing lack of commercial viability.

EXIM BANK TANZANIA AWARDS CAMPAIGN WINNER

Exim Bank Tanzania Senior Branch Manager (Exim Tower Branch), Ms. Rose Kanijo (left) hands over an iPhone 6 prize to the winner of the first draw of the bank’s fixed deposit campaign, Mr. Prabhjot Singh, a Dar es Salaam based Quality Controller at Vita Foam during a short handover ceremony held at the bank’s headquarters in Dar es Salaam. The campaign which runs for five more months, aims at instilling a savings culture among Tanzanians.

TIGO YAZINDUA DUKA JIPYA IFAKARA

Katibu tawala wilaya ya Kilombero ndugu Yahya Naniya akikata utepe ikiwa ni ishara rasmi ya uzinduzi wa duka la Tigo lililopo Ifakara mjini, kutoka kushoto ni meneja wa operesheni kwa wateja Tigo kanda ya pwani, Isack Shoo, Inspekta Dotto Ngimbwa kutoka ofisi ya OCD Kilombero na mwisho kulia Mkurugenzi wa Tigo kanda ya mashariki Goodluck Charles.

Wafanyakazi wa duka la Tigo lililopo Ifakara mjini wakipozi kwenye picha ya pamoja na mgeni rasmi aliyevaa tai nyekundu ndugu Yahya Naniya ambae ni Katibu tawala wa wilaya ya Kilombero, muda mfupi baada ya hafla fupi ya uzinduzi wa duka hilo.

Meneja wa operesheni kwa wateja Tigo kanda ya pwani, Isack Shoo akitoa maelekezo jinsi watakavyo hudumia wateja kwa mgeni rasmi Katibu tawala wa wilaya ya kilombero ndugu Yahya Naniya baada ya uzinduzi wa duka hilo lililopo Ifakara mjini.

Muonekano wa duka jipya kwa wateja wa Tigo lililopo Ifakara mjini.

FASTJET YAZINDUA RASMI ‘ROUTE’ YA DAR - LILONGWE KWA KISHINDO

Meneja Mkuu wa shirika la Ndege la fastjet Afrika Mashariki, Jimmy Kibati, akizungumza na abiria kwanza kuingia ndani ya ndege, Bi.Fatma Amour (aliyeipa mgongo kamera) kabla ya kukata utepe ikiwa ni ishara ya kuzindua 'route' mpya ya Dar-Lilongwe.

Na Andrew Chale, modewjiblog

Lilongwe, Malawi - Shirika la ndege la fastjet limeendelea kupanua wigo wake baada ya mapema Julai 27 kuzindua kwa kishindo ‘route’ yake mpya ya kutoka Dar es Salaam, Tanzania kwenda Lilongwe-Malawi ambapo kwa wiki itakuwa ikienda mara mbili, kati ya Jumatatu na Ijumaa.

Katika uzinduzi huo Meneja Mkuu wa shirika la Ndege la Fastjet Afrika Mashariki, Jimmy Kibati aliweza kukata utepe kuashiria rasmi kuanza kwa safari ya Lilongwe Malawi huku abiria mbalimbali wakipata kusafiri kwa mara ya kwanza na ndege hiyo kubwa kuelekea Malawi.

Uwanja wa Kimataifa wa Kamuzubanda, Lilongwe Malawi, ndege ya fastjet iliweza kuwasili katika uwanja huo majira ya saa sita mchana na kupokelewa kwa shangwe na wenyeji wananchi wa Malawi wakiongozwa na maafisa wa Serikali akiwemo Waziri wa Usafirishaji na Ujenzi wa Malawi, Mh. Francis Kasaila, Kaimu Balozi wa Tanzania nchini humo, Bw Wilbrod Kayombo na wengine wengi ambao hawakusita kuonyesha furaha yao.

Mhudumu wa ndege ya fastjet, Omar Ramadhan akikagua tiketi ya abiria wa 'route' mpya ya Dar-Lilongwe iliyoanza safari zake jana jijini Dar es Salaam, ambapo wateja wa fastjet watapata nafasi ya kusafiri na ndege hiyo itakayokuwa ikifanya safari zake mara mbili kwa wiki ambapo ni Jumatatu na Ijumaa.

Akitoa hutuba fupi ya tukio hilo la kihistoria, Waziri wa Usafirishaji na Ujenzi wan chi hiyo, Mh. Kasaila anasema ujio wa fastjet nchini mwake utaongeza fursa za kiuchumi kwa kutoa fursa kwa wafanyabiashara kuitumia nafasi hiyo ya usafiri wa anga kukamilisha shughuli zao popote pale ndani ya nchi jirani, Afrika na duniani kote.

Naye Kaimu Balozi wa Tanzania nchini humo, Wilbrod Kayombo ametoa rai yake kwa mamlaka husika za nchini Tanzania kuimarisha vitega uchumi na maeneo ya fursa za kibiashara ili kuondoa usumbufu kwa wateja wa nje ambao ndio wanategemea bidhaa hizo muhimu.

“Naomba mamlaka za jiji kuboresha maeneo ya kibiashara. Mfano mzuri Kariakoo wafanyabiashara wengi wanaotoka hapa Malawi na kwenda kununua bidhaa zao Kariakoo Dar es Salaam. Hivyo kama kuna matatizo mamlaka zinatakiwa kutatua haraka kwani wanaoteseka ni wageni wanaotoka mbali” anasema, Kaimu Balozi Kayombo.

Abiria wakiendelea kuingia ndani ya ndege hiyo.

BIRTH REGISTRATIONS STILL A CHALLENGE IN TANZANIA

BANK OF TANZANIA PUBLIC NOTICE

FBME BANK TANZANIA LIMITED PRESS RELEASE

NATIONAL BANK OF COMMERCE (NBC) PRESS STATEMENT

RURAL ENERGY AGENCY PUSHES TO INCREASE POWER AVAILABILITY IN RURAL AREAS

The Rural Energy Agency (REA) is engaging the private sector and financial institutions to explore mutual beneficial ways of increasing access to modern energy services in rural areas.

Speaking in a meeting between REA, private sector and financial institutions, the energy agency’s Director General, Dr Lutengano Mwakahesya, said access to reliable energy services will enable rural people engage in productive socialeconomic activities that will improve their livelihoods.

Dr Mwakahesya said developing rural energy projects requires capital that will only be successful if government partners with the private sector and financial institutions, while creating mutual benefits for each other.

He noted that the government, private sector and the financial institutions will deliberate on the best way to achieve mutual benefits while assisting in bringing the desired rural social-economic transformation in the country.

AUSTRALIA HAILS TANZANIA OVER PEACEFUL POWER TRANSITION

President Jakaya Kikwete.

President Jakaya Kikwete’s respect for the Constitution that sees democratic and peaceful political power transfer in the country has been hailed by Australian Premier Tony Abbot.

President Kikwete is set to leave office later this year as the country now prepares for the general elections, which will introduce in a new president, MPs and councillors.

Mr Abbot hinted that democratic transfer of power in many African countries has been problematic; hence making Tanzania’s move unique and creditable.

Tanzania’s fundamental law recognises two-term limit on presidency while legislators and councillors are free to run for their seats as much as they can.

President Kikwete, who is expected home today, was in Australia for a fourday official visit among others, to discuss trade, business and global security.

“I congratulate you for deciding to transfer power peacefully as per your country’s constitution. It is very rare to find this in African continent,” Mr Abbot told President Kikwete, stressing that his country will continue supporting various socio-economic drives in Tanzania.

BENKI YA NBC YATOA ZAWADI KWA WASHINDI 35 WA DROO YA KWANZA YA KAMPENI YA MCHEZA KWAO

Meneja masoko wa Benki ya Taifa ya Biashara (NBC), Alina Maria Kimaryo (wa pili kushoto) akizungumza wakati wa droo ya kwanza ya promosheni ya Kampeni ya akaunti za mishahara iliyopewa jina la ‘Mcheza Kwao’ jijini Dar es Salaam hivi karibuni. Washindi 35 walijishindia zawadi mbalimbali za fedha taslimu na ofa za huduma ya mobile banking ya NBC. Kutoka kushoto ni Meneja katika Kitengo cha Bidhaa za Kuwekeza na Wateja Wakubwa, Dorothea Mabonye, Meneja Malipo ya Mishahara wa benki hiyo, Amos Lyimo na Mkaguzi wa Bodi ya Michezo ya Kubahatisha, Humudi Abdulhussein.

Meneja masoko wa Benki ya Taifa ya Biashara (NBC), Alina Maria Kimaryo (kushoto) akipiga simu kwa mmoja wa washindi wa droo ya kwanza ya promosheni ya Kampeni ya akaunti za mishahara iliyopewa jina la ‘Mcheza Kwao’ jijini Dar es Salaam hivi karibuni. Washindi 35 walijishindia zawadi mbalimbali za fedha taslimu na ofa za huduma ya mobile banking ya NBC. Kushoto kwake ni Meneja Malipo ya Mishahara wa benki hiyo, Amos Lyimo na Mkaguzi wa Bodi ya Michezio ya Kubahatisha, Humudi Abdulhussein.

Meneja Malipo ya Mishahara wa Benki ya NBC, Amos Lyimo (katikati), akizungumza wakati wa droo ya kwanza ya promosheni ya Kampeni ya akaunti za mishahara iliyopewa jina la ‘MchezaKwao’ jijini Dar es Salaam hivi karibuni. Washindi 35 walijishindia zawadi mbalimbali za fedha taslimu na ofa za huduma ya mobile banking ya NBC. Kushoto ni Meneja masoko wa benki hiyo, Alina Maria Kimaryo na Mkaguzi wa Bodi ya Michezio ya Kubahatisha, Humudi Abdulhussein.

UNESCO KUENDELEA KUSAIDIANA NA TANZANIA KUINUA ELIMU

Ofisa Miradi ya Mawasiliano, Habari na Tehama wa Shirika la Kimataifa la Sayansi, Elimu na Utamaduni (UNESCO) nchini, Al Amin Yusuph, akielezea mantiki ya warsha ya wadau wa elimu kuhusu viwango vya umahiri wa Tehama kwa wakufunzi wa vyuo vya ualimu Tanzania iliyofanyika mjini Bagamoyo, mkoa wa Pwani mwishoni mwa juma.

Na Mwandishi Wetu, Bagamoyo

SHIRIKA la Umoja wa Mataifa la Elimu, Sayansi na Utamaduni (UNESCO), limesema litaendelea kushirikiana na serikali ya Tanzania kuhakikisha kwamba taifa linakuwa na wananchi wenye uwezo mkubwa wa kuvumbua na kutumia elimu.

Kauli hiyo imetolewa na Ofisa wa Unesco nchini Al Amin Yusuph wakati akizungumza na washiriki wa kongamano maalumu wa kupitia waraka wa mafunzo ya Tehama kwa wakufunzi wa vyuo vya ualimu.

FASTJETS FIRST FLIGHT TO LILONGWE TAKES TO THE SKIES

Low-cost airline launches sixth international destination with twice-weekly flights connecting Malawi and Tanzania.

27 July 2015 – fastjet Tanzania’s first flight between Dar es Salaam in Tanzania and Lilongwe in Malawi took off today, marking the launch of the low-cost airline’s sixth international route in Africa.

Flight FN209 departed Dar es Salaam’s Julius Nyerere International Airport at 09h40 with Tanzanian government officials, local passengers and media on board. Upon arrival at Malawi’s Lilongwe International Airport at 10h20, fastjet hosted an official launch ceremony before returning to Dar es Salaam on flight FN210 at 10h55, landing at 13h35 (all local times).

The Dar es Salaam – Lilongwe flights will initially operate twice a week on Mondays and Fridays, using the airline’s modern Airbus A319 jet aircraft with seating for up to 156 passengers. fastjet Tanzania expects to add more capacity to this route as demand for its safe, quick, affordable and on-time service increases.

BANK M, THE PREFERRED BANK ENTERS ITS 9th YEAR

Bank M celebrates its 8th Anniversary! In the photo above is Bank M's Deputy CEO, Ms. Jacqueline Woiso during a press conference held over the weekend at Hyatt Regency. She is flanked by the Bank’s Communications Director, Mr. Allan Msalilwa.

Today marks the eighth anniversary and the beginning of the 9th year of Bank M’s operations. This day in 2007, Bank M Tanzania was born out of a dream of daring to do banking differently in Africa – to do banking with the client at the heart of our business model and daring to be not just number 1 but of becoming the Preferred One.

Speaking at a press conference to mark the occasion, Jacqueline Woiso, Bank M’s CEO (Designate), said she was delighted to celebrate the Bank’s eight years in the market which have made the Bank the Preferred Choice of discerning corporates across the nation. Describing the journey so far as breath taking, Ms Woiso said that the bank closed the eighth year with total assets of TZS 809.09 Bln – a growth of 2509% over the asset level at the end of the first year of the bank. 

KAMPUNI YA TIGO YAZINDUA MINARA MKOANI GEITA

Mkuu wa Mkoa wa Geita, Fatma Mwassa (aliyevaa suti) akikata utepe kuzindua mnara mpya wa mtandao wa Tigo katika Kijiji cha Ilolangulu Wilayani Mbogwe Mkoani Geita.

Wakazi wa Kijiji cha Ilolangulu Wilayani Mbogwe Mkoani Geita, wakimsikilza Mkuu wa Mkoa huo Fatma Mwassa, wakati wa uzinduzi wa mnara mpya wa mtandao wa Tigo.

Meneja Masoko wa Tigo kanda ya Ziwa, Ali Mashauri (kushoto) akitoa maelezo kwa Mkuu wa Mkoa wa Geita Fatma Mwassa, alipofika kuzindua mnara mpya katika Kijiji cha Ilolangulu Wilayani Mbogwe.

EXIM BANK TANZANIA HOLDS FIRST DRAW FOR ITS FIXED DEPOSIT CAMPAIGN

Exim Bank Tanzania Product Manager, Mr Aloyse Maro picks a winner during the first draw of the bank’s fixed deposit campaign which aims at fostering a savings culture in Tanzania. Looking on are a representative from the Gaming Board of Tanzania, Mr. Humudi Abdulhussein (left) and one of the bank’s staff Mr. George Musetti.

Exim Bank Tanzania has held its first monthly draw of its recently launched fixed deposit campaign which aims at fostering a savings culture in Tanzania.

The draw, which was supervised by the Gaming Board of Tanzania, was the first of six monthly draws that will be conducted as part of the promotion.

Mr. Aloyse Maro, The Bank’s Product Manager shared his thoughts on the winners’ announcement by saying the campaign was launched as part of the bank’s drive and constant effort to provide its loyal customers with value added benefits and excellent service.

CHINA COMMERCIAL BANK NOW OPEN IN DAR ES SALAAM

AZANIA BANK LIMITED OPENS A NEW BRANCH IN TUNDUMA

PUBLIC ANNOUNCEMENT - NATIONAL MICROFINANCE BANK HEAD OFFICE RELOCATION

KAIMU KATIBU MKUU WA MAMBO YA NJE AFUNGA RASMI MAFUNZO YA SOFREMCO

Kaimu Katibu Mkuu wa Wizara ya Mambo ya Nje na Ushirikiano wa Kimataifa, Balozi Irene Kasyanju (kulia) akiwa na Mwenyekiti wa Bodi ya Chuo cha Diplomasia, Balozi Mwanaidi Maajar wakati wa hafla fupi ya kufunga Mafunzo Maalum ya Maafisa Waandamizi wa Mambo ya Nje (SOFREMCO) iliyofanyika Chuoni hapo Jijini Dar es Salaam hivi karibuni.

Kaimu Katibu Mkuu, Balozi Kasyanju na Balozi Maajar wakiwa katika picha ya pamoja na baadhi ya Viongozi wa Chuo na Wizara pamoja na Wahitimu wa Mafunzo ya Maafisa Waandamizi wa Mambo ya Nje.

Baadhi ya wahitimu wa kozi hiyo ya SOFREMCO wakifurahia.

PRESIDENT KABERUKA LAUDS CREATION OF THE ASIAN INFRASTRUCTURE INVESTMENT BANK

President of the African Development Bank Group
(AfDB), Donald Kaberuka.

July 24, 2015 - President of the African Development Bank Group (AfDB), Donald Kaberuka, has welcomed the creation of the Asian Infrastructure Investment Bank (AIIB), noting that it would be an important partner in closing infrastructure gaps in Asia and Africa.

Speaking during a farewell visit in Beijing, Kaberuka said the new instrument is a welcome complement to the work of other multilateral development finance institutions. “Once the new bank has put in place its new business plans, we will be in a better position to determine specific areas of cooperation, he said.”

Kaberuka met with Mr. Jin Liqun, head of the AIIB, as well as the newly elected president of the New Development Bank of BRICS countries, Kundapur Vaman Kamath.

President Kaberuka also met Chinese authorities, as well as heads of Central Bank, Silk Road fund, Exim Bank, China Development Bank, China Investment Corporation, among others. He gave a lecture on “Investment Opportunities in Africa” at the Centre for China and Globalisation in Beijing.

TANZANIA RESUMES USD 111 MILLION OIL PALM PROJECT IN KISARAWE DISTRICT

Plans for completing the 10,000 hectares oil palm project in Kisarawe District of Tanzania are being resumed in order to achieve the USD 111 million planned investment from local state-run National Development Corporation (NDC) and Singapore-based Nava Bharat Pte. Limited (NBS).

NDC, which owns 20% of the joint venture TB Tanagro Limited signed in 2013 with NBS, is leading the Integrated Oil Palm Project in the Ruvu River Basin near Tanzania’s commercial capital Dar es Salaam and so far 6,000 hectares of the total project area have been secured.

NDC expects to get 7,250 liters or 7.7 metric tons of palm oil annually from each hectare of land farmed, which means a creation of about 10MW of electricity from biomass that will be used to operate the project itself while the remaining will be sold to the national grid.

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CMA ORDERS BANK TO PAY FORMER EMPLOYEE 263M/- COMPENSATION

Mr Sioi Solomon.

The Commission for Mediation and Arbitration (CMA) has ordered Stanbic Bank Tanzania Limited to pay its former Head of Legal and Company Secretary, Mr Sioi Solomon, over 263m/- for illegal termination of employment services.

The commission ruled in favour of the employee after granting his complaint against his employer, who dismissed him for allegedly failing to carry out reasonable instruction for his employer and gross negligence.

The CMA gave the bank 14 days to effect the payments, which include 235,872,000/- as compensation for illegal termination of employment, 20m/- as general damages and 7,938,000/- as pension for four years.

It held that following such termination in the banking sector where diligence of the highest degree is required, it would not be easy for the complainant to be trusted and get another employment from other banks on the same capacity at a monthly pay of 9,828,000/-.

The CMA ruled further that the complainant was punished for offences that were not proved and thus the subsequent termination of his employment was not proper and the procedure leading to such disciplinary action were not followed.

It noted that under Rule 9 (1) and (5) of Government Notice Number 42 of 2007 clearly stipulates that reason for termination of employment must be clearly spelt out and of serious nature to justify such termination.

KONGAMANO LA PILI LA DIASPORA KUFANYIKA HAPA NCHINI MWEZI AGOSTI, 2015

Kaimu Mkurugenzi Idara ya Diaspora Wizara ya Mambo ya Nje Bi. Rosemary Jairo akizungumza kwenye Mkutano na waandishi wa Habari juu ya Maandalizi ya Kongamano la Diaspora (Tanzania Diaspora and SMEs partnership 2015) litakalofanyika katika Hoteli ya Serena Jijini Dar Es Salaam kuanzia tarehe 13 hadi 15 Agosti 2015, likiwa na kaulimbiu isemayo 'Creating Linkages between Diaspora and local SMEs in Tanzania'.

Mkutano na waandishi wa habari ukiendelea. (Picha na Reginald Philip)

Serikali ya Jamhuri ya Muungano wa Tanzania kwa kushirikiana na Kituo cha Uwekezaji cha Kimataifa (International Trade Centre UN-Agency) inafanya Maandalizi ya Kongamano la Diaspora (Tanzania Diaspora & SMEs Partnership Conference 2015). Kongamano husika litafanyika hapa Dar es Salaam, kuanzia tarehe 13 hadi 15 Agosti 2015 katika Hoteli ya Serena. Kongamano hilo litakuwa la pili kufanyika hapa nchini na litahusisha Diaspora na Wadau wa hapa Tanzania.

Wizara ya Mambo ya Nje na Ushirikiano wa Kimataifa, Ofisi ya Rais na Utawala Bora – Zanzibar na Ofisi ya Waziri Mkuu ndio Wadau Wakuu katika Maandalizi ya Kongamano hili.

Kongamano la mwaka huu lina Kauli Mbiu, ‘Creating Linkages between Diaspora and Local SMEs in Tanzania’na Dhumuni lake ni kuhamasisha Ushiriki wa Diaspora katika kukuza Biashara Ndogo na za Kati hapa nchini. Kongamano la mwaka huu pia litahusisha Mikoa ya Tanzania ambapo Mikoa itapata fursa ya kutangaza fursa za uwekezaji zilizopo Mikoani.