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Tuesday, 31 October 2017

CITI PROFIT SLIDES BY HALF IN Q3

Citibank Tanzania net profit has slumped down by almost half after net interest income went down by a third in this year’s quarter three.

The corporate bank, with a single branch, posted a net profit of 2.74bn/- in Q3 down from 4.90bn/- similar period last year. The profit slump, according to financial statement, was mainly attributed to dropping of net income revenue by a third to 6.61bn/- from 9.63bn/-.

The loan revenue went down after the amount lent out dropped to 176.13bn/- from 195.77bn/-. The bank, despite reducing the amount loaned out, assets grew 11.6 per cent to 659.03bn/-, thanks to increase balances with central bank and investment in government securities.
Citibank boasts one of the lowest nonperforming loans in the country after dropping to 0.1per cent in Q3 from 4.5per cent of Q2. Customer deposits have increased by 12.8 per cent to 476.57bn/- in three months to September from 413.64bn/- at the end of June.

PTA BANK BECOMES TDB - WITH INCREASED COMMITMENT FOR FUNDING IN EASTERN AND SOUTHERN AFRICA

Trade and Development Bank (TDB), Principal Project and Infrastructure Finance Officer, Neema Siwingwa (right), addresses reporters at a press conference in Dar es Salaam today to announce the changes of its trade name which was formerly  known as Eastern and Southern Africa Trade and Development Bank (PTA Bank) to TDB. Looking on is Trade and Development Bank (TDB), Director Corporate Affairs & Investor Relations, Mary Kamari.

GOVERNMENT PLEDGES MORE SUPPORT TO MID-SIZED COMPANIES

Hon. Charles Mwijage, Minister for Industry, Trade & Investments (first right) applauds after handling over a trophy to Dar Ceramica Centre 2001 Ltd officials. The company scooped the 1st position of the Top 100 Mid-sized companies award for this year during the awards ceremony took place in Dar es Salaam over the weekend. Awards are organised by KPMG and Mwananchi Communications in partnership with Bank M. Others in the photo are Bank M CEO Ms. Jacqueline Woiso (second left) and KPMG partner Ketan Shah (first left).
The government has reaffirmed its commitment to support the Small and Medium Enterprises (SMEs), but this time paying particular attention to the mid-size companies whose impact on the economy in terms of job creation and industrialization is immense.

Speaking during the Top 100 mid-sized companies awards ceremony on Friday in Dar es salaam, The Minister for Industry, Trade and Investment Hon. Charles Mwijage said the government is committed to creating an environment that will allow the mid-sized companies thrive.

BARCLAYS BANK TANZANIA LAUNCHES ITS ULTRA-MODERN BRANCH IN MOSHI

Kilimanjaro Regional Commissioner, Ms. Anna Mghwira (centre), cuts a ribbon to officially open a new Barclays Bank Tanzania branch in Moshi over the weekend. Looking on is Barclays Bank Tanzania Managing Director, Abdi Mohamed (right), Barclays Bank Moshi Branch Manager, Ibrahim Omari and Moshi District Commissioner, Kippi Warioba. 
Kilimanjaro Regional Commissioner, Ms. Anna Mghwira (centre), listens to Barclays Bank Tanzania Managing Director, Abdi Mohamed (left) during the opening ceremony on Barclays Bank Moshi branch. Looking on are Moshi District Commissioner, Kippi Warioba (right), Barclays Bank Moshi Branch Manager, Ibrahim Omari (second right), and Barclays Tanzania Head of Customers Network, John Beja (second left). 
Kilimanjaro Regional Commissioner, Anna Mghwira (left), being welcomed by Barclays Bank Tanzania Head of Marketing and Corporate Relations, Aron Luhanga. 
Barclays Bank Tanzania Managing Director, Abdi Mohamed gives his welcoming remarks during the opening ceremony of Barclays Bank branch in Moshi, Kilimanjaro over the weekend. 
Moshi District Commissioner, Kippi Warioba (second left), gestures to Barclays Bank Tanzania Managing Director, Abdi Mohamed (first right), during the official opening ceremony of Barclays Bank Moshi branch over the weekend. Looking on are, Barclays Tanzania Head of Customers Network, John Beja (left), and Moshi Municipal Mayor, Raymond Mboya. 
Barclays Bank Tanzania Managing Director, Abdi Mohamed (third left), poses for a memento photograph with some of the Barclays Bank Moshi branch officials after the ceremony.

FNB TANZANIA LAUNCHES FUNERAL COVER

First National Bank (FNB) Insurance Manager, Masoud Mndeme (right) speaks to journalists (not in the picture) in Dar es salaam during the launch of a funeral insurance cover dubbed “Faraja Plan” and designed to comfort families dealing with the death of a family member. In the centre is FNB Head of Retail Banking, Francois Botha and Metropolitan Insurance Scheme Administrator, Rachael Mwenda (left).
FNB Insurance Manager, Masoud Mndeme (right), Metropolitan Insurance Scheme Administator, Rachael Mwenda (centre) and FNB Head of Retail Banking, Francois Botha(left) hold posters to mark the official launch of a funeral insurance cover product dubbed “Faraja Plan”, designed to comfort families dealing with the death of a family member.
Dar es Salaam: 31st October 2017: First National Bank Tanzania has launched a funeral insurance cover to provide individuals and families the financial support to lessen the cost burden during funerals.

Launching the product, the FNB Head of Retail Banking, Francois Botha said the product has been named “FNB Faraja Plan”, and is underwritten by Metropolitan Insurance Tanzania, one of the leading insurance companies in Africa.

Botha said the word “Faraja” means “Consolation” because it is designed to comfort families dealing with the aftermath of a death of a family member. “Considering that the cost of funerals has gone high over the recent years, failure to cover the cost of funeral could cause further distress to family members. After the death of a loved one, it can be an expensive, painful and frustrating process of having to put together a funeral to say farewell. With the FNB Faraja Plan it’s possible to have the cost of a funeral covered to save your family from having to pay for it.”

AMBITIOUS PLANS FOR MWANZA

PRESIDENT John Magufuli, Works, Transport and Communication Minister Makame Mbarawa (second left), Mwanza Regional Commissioner John Mongella (second right) and other officials cut a ribbon to officially launch Furahisha Pedestrian Bridge in the rocky city, yesterday. (Photo by State House).

PRESIDENT John Magufuli yesterday unveiled plans to transform Mwanza into East Africa’s business hub through expansion and promotion of Mwanza Airport to international standards.

The envisaged expansion works on the lakeside airport aim at attracting international airlines and tourists. Addressing a mammoth public rally here on arrival for a two-day state visit to the rocky city, President Magufuli said the airport will be improved to an international status, making it a gateway of international tourists to tourism attractions like Serengeti National Park without necessarily connecting from the neighbouring countries.

BENKI YA NMB YAFUNGUA MATAWI MAPYA ARUSHA NA MOSHI

Mkuu wa Mkoa wa Arusha, Mhe. Mrisho Gambo, akimpongeza Mkurugenzi Mtendaji wa NMB Bank PLC, Bi Ineke Bussemaker baada ya uzinduzi rasmi wa tawi la NMB Ngaramtoni lililopo katika wilaya ya Arumeru katika Mkoa wa Arusha. Uzinduzi wa tawi hili unafanya NMB kua na matawi zaidi ya 212 nchi nzima. Hii ni katika jitihada za kusogeza huduma za kibenki karibu zaidi na wateja wake.
Mkurugenzi Mtendaji wa NMB Bank PLC, Bi Ineke Bussemaker, akiwashukuru wateja wa NMB waliohudhuria hafla ya uzinduzi wa tawi la NMB Ngaramtoni lililopo katika Wilaya ya Arumeru ndani ya Mkoa wa Arusha. Uzinduzi wa tawi hili unafanya NMB kua na matawi zaidi ya 212 nchi nzima hii ni katika jitihada za kusogeza huduma za kibenki karibu zaidi na wateja wake. 
Mkuu wa Mkoa wa Kilimanjaro, Mhe. Anna Mghwira (kati kati) akikata utepe kuashiria ufunguzi rasmi wa tawi jipya la NMB Mbuyuni lililopo katika Manispaa ya Moshi mjini. Hafla hii ya Uzinduzi ilifanyika mwishoni mwa wiki. Wa kwanza kulia ni Kaimu Afisa Mkuu wa Wateja Wadogo na wa Kati wa NMB, Abdulmajid Nsekela pamoja na Meneja wa NMB kanda ya Kaskazini, Salie Mlayi wakishuhudia uzinduzi huo.
Mkuu wa Mkoa wa Kilimanjaro Mhe. Anna Mghwira akizungumza na Meneja wa tawi la NMB Mbuguni, Rose Manyonyi baada ya kutembelea tawi la NMB na kujionea mwonekano wake mara tu baada ya uzinduzi wa tawi la NMB Mbuyuni. Wa kwanza kushoto ni Kaimu Afisa Mkuu wa Wateja Wadogo na wa Kati wa NMB, Bw. Abdulmajid Nsekela pamoja na Mkuu wa Wilaya ya Moshi Mjini, Mhe. Kippi Warioba.


NMB OPENS OPENS NGARAMTONI BRANCH IN ARUSHA REGION

Arusha Regional Commissioner, Mrisho Gambo (left) and NMB Bank Plc Chief Executive Officer, Ms. Ineke Bussemaker, shake hands after the official launching of the Ngaramtoni Branch in Arumeru District on Sunday.
NMB Bank Plc Chief Executive Officer, Ms. Ineke Bussemaker, greets customers who attended the opening of NMB Ngaramtoni Branch located in Arumeru District in Arusha region yesterday.

DEPOSIT INSURANCE BOARD - IN THE MATTER OF FBME BANK LTD (UNDER LIQUIDATION) - REIMBURSEMENT OF INSURED DEPOSITS

PRUDENTIAL CAPITAL MARKET UPDATE AS AT 30 OCT. 2017

Monday, 30 October 2017

BE INNOVATIVE, BANKS ADVISED

Kilimanjaro RC Anna Mghwira listens to Barclays Bank Tanzania managing director Abdi Mohamed (left) during the opening of Moshi Branch at the weekend. Looking on are Moshi DC Kipi Warioba (right) and bank’s Moshi Branch manager Ibrahim Omari and second left is Barclays Customer Network head John Beja. 

Moshi. Kilimanjaro regional commissioner Anna Mghwira has advised financial institutions in Tanzania to launch new products that rhyme with local market to support industrialisation as touted by the current government.

Speaking during the launch of Barclays Bank Tanzania’s ultra-modern branch in Moshi at the weekend, Ms Mghwira said the lenders should avoid adopting products from other markets which end up failing to satisfy the demand.

VODACOM APPROVES SH26BN IN DIVIDENDS

Vodacom Tanzania PLC board chairman Ali Mufuruki greets one of the shareholders who attended the company’s first Annual General Meeting held at the National Stadium on Friday. Shareholders approved Sh26 billion as dividend.

In Summary

About 1,500 shareholders attended the meeting which also appointed new members into the board of directors, the firm said in a statement yesterday.

Dar es Salaam. Shareholders of Vodacom Tanzania have approved Sh26 billion in dividends as they held the first annual general meeting since the listing of the telecommunication company.

FBME DEPOSITORS’ REIMBURSEMENT THIS WEEK

DEPOSIT Insurance Board (DIB) will from Wednesday start reimbursing the insured deposits to depositors of the FBME Bank which is under liquidation, the Central Bank has said.

Every bank and every financial institution which is licenced to carry on banking business in the country is required by law to be a member of the DIB.

PRUDENTIAL CAPITAL MARKET UPDATE AS AT 27 OCT. 2017

Friday, 27 October 2017

NO PLAN TO SELL NAKUMATT TZ OPERATIONS TO MANJI: OFFICIAL

In Summary
On Tuesday, the chairman of hundreds of suppliers, who are owed billions of shillings in arrears by Nakumatt, Mr Joseph Mlay, revealed that Mr Manji was in talks with the giant retailer to take over the business in the country.

Dar es salaam.The Nakumatt Tanzania saga took a new twist yesterday as the company’s management distanced itself from reported negotiations with tycoon, Yusuf Manji.

On Tuesday, the chairman of hundreds of suppliers, who are owed billions of shillings in arrears by Nakumatt, Mr Joseph Mlay, revealed that Mr Manji was in talks with the giant retailer to take over the business in the country.

TPB, MWALIMU BANK TEAM UP TO BOOST SERVICE PROVISION

In Summary

MCB chief executive officer Ronald Manongi said in Dar es Salaam yesterday that the bank had embarked on a strategic partnership scheme to enable its customers to enhance their business operations through having additional channels for ordinary business activities.

Dar es Salaam. The Dar es Salaam-based Mwalimu Commercial Bank Plc (MCB) has extended its reach to more parts of the country, doing so through a strategic partnership with TPB Bank Plc (TPB).

MCB chief executive officer Ronald Manongi said in Dar es Salaam yesterday that the bank had embarked on a strategic partnership scheme to enable its customers to enhance their business operations through having additional channels for ordinary business activities.

HALOTEL TZ’S $800M INVESTMENT WINS INTERNATIONAL PRAISE

Dar es Salaam. Organizers of the International Business Awards (Stevie Awards 2017) have named Viettel Tanzania PLC (Trading as Halotel Tanzania) as the “Fastest Growing Enterprise in the Middle East and Africa”, thanks to its $800 million (about Sh1.7 trillion) investment.

Halotel said in a statement yesterday that the company was named as so during an event that was held in Barcelona, Spain on Tuesday this week. Halotel has operated in Tanzania for two years now during which period, it has registered a number of achievements.

Launched in October 2015, Halotel managed to register about one million subscribers in a period of about three months.

BARRICK IN $11M LOSS AFTER SECURING MONEY FOR TANZANIA

In Summary
The mining giant made a net income of $175 million over the same period last year. Barrick produced 1.243 million ounces of gold in the third quarter, at a cost of sales of $820 per ounce compared to 1.381 million ounces, at a cost of sales of $766 per ounce in the prior-year period.





Dar es Salaam. Barrick Gold Corporation has reported a net loss of $11 million in the third quarter after increasing a tax provision related to the “good will” payoff of $300 million agreed with Tanzania.

SERIKALI YAWEKA MSIMAMO WA KIBIASHARA EAC

Kwa ufupi
Katibu Mkuu wa Wizara ya Viwanda, Biashara na Uwekezaji, Profesa Adolf Mkenda alisema hayo jana wakati wa mjadala wa pamoja kuhusu mchango wa kampuni za kati na ndogo katika kufikia nchi ya viwanda na ushirikishaji wa wazawa.

Dar es Salaam. Serikali imesema haitakubali kuona bidhaa kutoka Tanzania zinazuiliwa kuingia katika nchi yoyote ya Afrika Mashariki kwa sababu Mkataba wa Soko la Pamoja wa nchi hizo (EAC) unaruhusu kufanya biashara katika ukanda huo.

Katibu Mkuu wa Wizara ya Viwanda, Biashara na Uwekezaji, Profesa Adolf Mkenda alisema hayo jana wakati wa mjadala wa pamoja kuhusu mchango wa kampuni za kati na ndogo katika kufikia nchi ya viwanda na ushirikishaji wa wazawa.

BARRICK YAWEKA MASHARTI KULIPA DOLA 300 MILIONI

Kwa ufupi
Acacia, kampuni tanzu ya Barrick na inayomiliki migodi ya Bulyanhulu na Buzwagi, imezuiwa tangu mwezi Machi kusafirisha mchanga huo wa madini kwenda kuuyeyusha nje ya nchi kwa ajili ya kupata mabaki ya dhahabu, shaba, fedha na madini mengine yaliyoshindikana kuchenjuliwa migodini.

Dar es Salaam. Licha ya kupata hasara kwenye robo ya tatu ya mwaka, kampuni ya Barrick imetenga dola 300 milioni za Marekani (zaidi ya Sh660 bilioni) kuilipa Serikali, lakini imeweka sharti; inataka iruhusiwe kusafirisha makinikia.

PRUDENTIAL CAPITAL MARKET UPDATE AS AT 26 OCT. 2017

Thursday, 26 October 2017

TRA OFFICER ARRAIGNED OVER 500M/- UNACCOUNTED WEALTH

ASSISTANT Customs Officer with Tanzania Revenue Authority (TRA) Jennifer Mushi was arraigned yesterday, charged with unlawful accumulation of wealth.

Before Kisutu Resident Magistrate’s Court in Dar es Salaam, the accused faced two counts related to accumulation of 500m/- wealth against her lawful earning. The prosecution alleged that the accused inappropriately owns properties, including 19 motor vehicles and maintains a life style beyond her income.

INFLATION TO STAY AT 5 PER CENT TARGET: PROF NDULU

BoT Governor, Prof. Benno Ndulu
BANK of Tanzania (BoT) has said inflation is expected to stay within the national medium-term target of 5 per cent to be supported by lower food prices due to favourable weather conditions, Governor, Prof Benno Ndulu has said.

“In terms of headline inflation, so far in 2017 we have averaged about 5.3 per cent,” he said yesterday during an interview with the Oxford Business Group (OBG), a global research and consultancy company with a presence in over 30 countries, from Africa, the Middle East and Asia to the Americas.
“Recently, there has been a bit of pressure from crop prices, which is a regional phenomenon. We anticipate some pressure from northern Africa, however, we believe that we should stay the course.

STANDARD BANK JOINS CCRM - GLOBAL DIGITAL TRADE RISK NETWORK

Standard Bank, also trading as Stanbic Bank in Tanzania, has signed an agreement with CCRManager Pte Ltd, a global trade FinTech company, joining their global innovative electronic platform as a member bank.

“We are delighted to have joined CCRManager’s distribution platform, which offers an automated, fast and transparent platform for trade risk distribution and participation”, says Vinod Madhavan, Group Head of Trade for Standard Bank.  “As the first African bank to have joined this network, this presents us with many opportunities, including being able to show African trade risk to international banks that are members of CCRM, and is aligned with our desire to connect Africa to the world.”

MHE. WAZIRI MAHIGA AFUNGUA RASMI MKUTANO WA KWANZA WA MAWAZIRI WENYE DHAMANA YA MASUALA YA MIUNDOMBINU WA NCHI WANACHAMA WA JUMUIYA YA UTATU WA COMESA-EAC-SADC (TRIPARTITE) UNAOFANYIKA HAPA DAR ES SALAAM LEO TAREHE 26 OKTOBA 2017

Waziri wa Mambo ya Nje na Ushirikiano wa Afrika Mashariki, Mhe. Balozi Dkt. Augustine Mahiga akifungua Mkutano wa kwanza wa Mawaziri wenye dhamana ya masuala ya Miundombinu wa Nchi Wanachama wa Jumuiya ya Utatu wa COMESA-EAC-SADC (TRIPARTITE) uliofanyika katika Hotel ya Serena Jijini Dar es Salaam tarehe 26 Oktober 2017. 
Viongozi na wajumbe kutoka Nchi Wanachama wakifuatilia Mkutano, wa tatu kutoka kushoto ni Waziri wa Ujenzi, Uchukuzi na Mawasiliano, Mhe. Prof. Makame Mbalawa na wa nne kutoka kushoto ni Katibu Mkuu Wizara ya Mambo ya Nje na Ushirikiano wa Afrika Mashariki, Balozi Dkt. Aziz Mlima. 
Sehemu nyingine ya Wajumbe kutoka nchi Wanachama wakifuatilia Mkutano. 
Mkutano ukiendelea.
Picha ya pamoja.
Mkutano wa Kwanza wa Mawaziri wa Nchi Wanachama wa Jumuiya ya Utatu wa COMESA-EAC-SADC umefanyika hapa Dar es Salaam, Serena Hoteli leo tarehe 26 Oktoba 2017. Mkutano huo unahusisha jumla ya nchi 26 Wanachama wa Umoja huo. Mkutano huu unafanyika hapa Tanzania kwa kuwa Jumuiya ya Afrika Mashariki ndiyo Mwenyekiti wa Jumuiya ya Utatu wa COMESA-EAC-SADC.
Mkutano huu umefunguliwa na Mhe. Dkt. Augustine Phillip Mahiga (Mb), Waziri wa Mambo ya Nje na Ushirikiano wa Afrika Mashariki wa Jamhuri ya Muungano wa Tanzania wakati Ujumbe wa Tanzania katika mkutano huo unaongozwa na Mhe. Prof. Makame Mbarawa (Mb), Waziri wa Ujenzi, Uchukuzi na Mawasiliano. 

DARPROPERTY REAL ESTATE FORUMS - PANEL DISCUSSION & COCKTAIL EVENT


TIGO YAZINDUA MBIO ZA KILI HALF MARATHON 2018, KUFANYIKA MACHI 4

Kaimu Mkurugenzi wa Tigo kanda ya kaskazini, Henry Kinabo    akijitambulisha wakati wa kuzindua mbio za Kili Half Marathon kwa mwaka 2018, mgeni rasmi alikuwa ni Waziri wa Habari, Utamaduni, Sanaa na Michezo Dr Harrison Mwakyembe. 
Waziri wa Habari, Utamaduni, Sanaa na Michezo Dr Harrison Mwakyembe akizungumza wakati wa uzinduzi wa mbio za Kili Marathon kwa mwaka 2018, uzinduzi huo umefanyika jana jijini Dar es Salaam ambapo kampuni ya simu za mkononi ya Tigo itadhamini mbio za kilomita 21 kwa jina la Tigo Kili Half Marathon.
Waziri wa Habari, Utamaduni, Sanaa na Michezo Dr Harrison Mwakyembe akikata utepe kuashiria uzinduzi wa mbio za Kili Marathon kwa mwaka 2018, uzinduzi huo umefanyika jana jijini Dar es Salaam, kulia kwake ni Kaimu Mkurugenzi wa Tigo kanda ya kaskazini, Henry Kinabo ambao wamedhamini mbio za kilomita 21 ziitwazo Tigo Kili Half Marathon.

APPLIKESHENI YA VSOMO YAWA SULUHISHO UCHUMI WA VIWANDA

Meneja Uhusiano Airtel Tanzania Jackson Mmbando (kulia) akipata Maelezo kutoka kwa mwanafunzi wa ufundi umeme Hamadan Omary (kushoto) wakati wa mafunzo ya vitendo kwa wanafunzi wanaopata mafunzo ya ufundi stadi kupitia applikesheni ya VSOMO ambayo inaendesha na Airtel kwa kushirikiana na VETA. Katikati ni mkufunzi wa Tehama VETA Kipawa Abdul Mollel. 
Mwanafunzi anayesomea ufundi simu Ridhiwan Hamidu akimuelekeza Meneja Uhusiano Airtel Tanzania Jackson Mmbando (kulia) na mkufunzi wa Tehama VETA Kipawa Abdul Mollel jinsi ya kutambua tatizo la simu wa wakati wa mafunzo ya vitendo kwa wanafunzi wanaopata mafunzo ya ufundi stadi kupitia applikesheni ya VSOMO ambayo inaendesha na Airtel kwa kushirikiana na VETA. 
Mwanafunzi wa fundi umeme Avitus Paul akionyesha jinsi ya kusambaza umeme majumbani wakati wa wa wakati wa mafunzo ya vitendo kwa wanafunzi wanaopata mafunzo ya ufundi stadi kupitia applikesheni ya VSOMO ambayo inaendesha na Airtel kwa kushirikiana na VETA. Kulia ni mkufunzi wa Tehama VETA Kipawa na Kushoto Meneja Uhusiano Airtel Tanzania.
Applikesheni ya VSOMO ambayo inaendeshwa na kampuni ya simu za mkononi Airtel Tanzania kwa kushirikiana na VETA imetaja kuwa moja ya soluhisho ya Tanzania kuelekea kuwa nchi ya viwanda.

Hayo yamesemwa na mkufunzi wa Tehama wa chuo cha VETA Kipawa Abdul Mollel wakati wa mafunzo ya vitendo kwa wanafunzi ambao wamekuwa wakipata mafunzo ya ufundi kupitia applikesheni ya VSOMO ambayo inalenga kuwawezesha vijana nchni kujiendeleza kielimu kupitia application ya VSOMO kwa kupata masomo ya ufundi stadi ya VETA kupitia simu zao za mkononi ili kuongeza ujuzi wao.

VSOMO PROVES TO BE SOLUTION FOR THE COUNTRY'S INDUSTRIALISATION DRIVE

Airtel Tanzania Public Relations Manager Jackson Mmbando (right) gets a briefing from a VETA student Hamadan Omary (left) who is doing a electrical practical session as ICT Instructor Abdul Mollel of VETA Kipawa (center) looks on. The students are attending a practical session after successfully completion of VSOMO e-learning programe which is a partnership between Airtel and VETA. 
A mobile repair student of VETA Ridhiwan Hamidu briefs Airtel Tanzania Public Relations Manager Jackson Mmbando (left) and ICT Instructor Abdul Mollel of VETA Kipawa (center) on ways of mobile repair during a practical session for students who successfully completed of VSOMO e-learning programe which is a partnership between Airtel and VETA.
An electrical student Avitus Paul shows process of electrical installation during a practical session for students who successfully completed of VSOMO e-learning programe which is a partnership between Airtel and VETA. Left is ICT Instructor Abdul Mollel of VETA Kipawa and right Airtel Tanzania Public Relations Manager Jackson Mmbando.
The VSOMO application which is an e-learning programme being implemented by Airtel Tanzania in partnership with the Vocational Education and Training Authority (VETA) has proven to be one of the key solutions towards the country’s drive on industrialization.

This has been said by the VETA-Kipawa ICT Instructor Abdul Mollel during the practical sessions for the students who have enrolled and register for courses offered by VETA through the VSOMO application.

VSOMO application allows students to get vocational training through their mobile phones and they only attend classes during practical sessions.