NMB BANK REQUEST FOR INFORMATION - SUPPLY AND INSTALLATION OF THE MERCHANT AND TERMINAL MANAGEMENT SYSTEM FOR NMB BANK PLC

CLYDE & CO UPDATER - SIM CARD REGISTRATION IN TANZANIA

The Electronic and Postal Communications (SIM Card Registration) Regulations (the SCR Regulations) were published on 7 February 2020 and make it mandatory for all SIM card users in Tanzania to register their SIM cards biometrically. In this article, we address the categories of biometric SIM card registration, the necessary documentation required to register SIM cards for each category of registration, recent developments on SIM card registration and penalties for non-compliance.

Categories of biometric SIM card registration

The SCR Regulations provide 10 biometric SIM card registration categories which are; individual, company, company employee, institution, minor, visitor, foreigner, refugee, diplomat, and diplomatic institution. For purposes of this briefing, we will focus on the categories listed below:

• Individual: An individual must register a SIM card by presenting his or her NIDA ID to the service provider. The service provider shall verify the individual’s fingerprint with NIDA. Verification is done online or electronically and the SIM card shall be registered by the individual’s name.
• Company: A company representative shall carry out the process of SIM card registration with the service provider. The following certified copies and information must be availed to the service provider: the company’s Taxpayer Identification Number (TIN) certificate, business license, incorporation, compliance or registration certificate and the company representative’s NIDA ID. The company representative’s fingerprint shall then be verified by the service provider with NIDA once for a batch of SIM cards. The SIM cards will be registered in the company’s name. When there is a change of the company representative, the service provider must be notified to register the new representative.
• Company employee: The company is required to present to the service provider certified copies of TIN certificate, business licence and incorporation, compliance or registration certificate for SIM card registration. The employee must present a NIDA ID and the service provider shall verify the employee’s fingerprint with NIDA. Afterwards, the SIM card will be registered by the employee’s name. The company must notify the service provider on change of ownership of the registered SIM card so that re-registration can be done for the new employee.
• Visitor: Visitors are required to present to the service provider certified copies of valid passport and visa for SIM card registration. Visitors with visa exemption are required to present only a certified copy of a valid passport. A Visitor’s fingerprint verification shall be conducted by the service provider with NIDA or the Immigration Department. The SIM card shall be registered by the Visitor’s name.
• Foreigner: A foreigner must present his or her NIDA ID to the service provider and fingerprint verification will be done with NIDA. The SIM card shall then be registered by the Foreigner’s name.
• Diplomat: A service provider shall register a SIM card to a diplomat only if the diplomat presents certified copies of valid diplomatic passport and diplomatic identity card. The service provider shall not take or verify a diplomat’s fingerprint.
• Diplomatic institution: A diplomatic institution must be issued an introduction letter by the Ministry of foreign affairs and present it to the service provider together with its introduction letter. A representative of the diplomatic institution must present certified copies of valid diplomatic passport and diplomatic identity card to the service provider. Registration shall then be done for a batch of SIM cards bearing the name of the diplomatic institution and no fingerprint verification is required.

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LETSHEGO TANZANIA LIMITED - PRE-QUALIFICATION OF SUPPLIERS FOR PROVISION OF GOODS AND SERVICES FOR THE YEAR 2020

VODACOM TANZANIA NOTICE TO THE PUBLIC - APPOINTMENT OF NON-EXECUTIVE DIRECTOR

MULTICHOICE ADDS ESPN TO DStv SPORTS OFFERING

July 2020 - MultiChoice Group (MCG) and The Walt Disney Company Africa today announced that they have signed an exciting partnership, which will see a significant addition to the sports available to its customers across the continent. The agreement will result in two 24-hour ESPN channels being made available to DStv customers from 29 July, where they will be able to enjoy the very best of US sports.

Featuring every major US sport as well as European football, fans across the continent can now look forward to popular premier American leagues including the National Basketball Association (NBA), National Football League (NFL), and Major League Baseball (MLB), via ESPN & ESPN2. The channels will also feature live football from the English Football League (EFL), Scottish Premier Football League (SPFL), Dutch Eredivisie and Major League Soccer (MLS), as well as local sports including the West African Football Union (WAFU) Cup of Nations and featured boxing tournaments and events.

DStv customers can look forward to the much anticipated return of the NBA from the bio-bubble on 31 July with two live games on the day. LeBron James and the LA Lakers renew their city rivalry with the LA Clippers on ESPN and later Orlando Magic take on the Brooklyn Nets. The Major League Baseball (MLB) regular season will also take prominence on ESPN, from 29 July with New York Yankees against the Philadelphia Phillies.

MULTICHOICE YAONGEZA ESPN NDANI YA DStv

Julai 2020 - Miezi michache tu baada ya kurejea kwa michezo mbalimbali mubashara ndani ya DStv, Kampuni ya MultiChoice na The Walt Disney wametangaza kuingia mkataba utakaosababisha kuongezeka kwa chaneli maarufu za michezo ulimwenguni – ESPN hivyo kuifanya DStv kuwa na chaneli nyingi zaidi za michezo mbalimbali hapa duniani. Makubaliano haya yatawezesha chaneli mbili za ESPN kuwa kwenye kisimbuzi cha DStv hivyo wateja wake wataweza kushuhudia michezo mbalimbali inayoonyeshwa kwenye chaneli hizo maarufu kuanzia Julai 29 mwaka huu.

Chaneli za ESPN zinabeba michezo mingi maarufu Marekani kama vile ligi maarufu ya mpira wa kikapu NBAA, ligi ya mpira wa miguu NFL, ligi kuu ya Baseball MLB na nyinginezo. Chaneli hizo pia huonyesha Ligi ya Uingereza EFL, ligi ya Scotland SPFL bila kusahau ligi mbalimbali za Afrika Magharibi.

Wateja wa DStv sasa wataweza kushuhudia tena mubashara michuano ya NBAA kuanzia 31 Julai 2020 kwa kushuhudia mubashara michezo miwili kila siku.

MultiChoice imewaahidi wateja wake kuwa inafanya kila jitihada kuhakikisha kuwa hawatindikiwi na burudani muda wote wawapo na huduma za DStv na kwa makubaliano haya, sasa wateja wake watakuwa na ulingo mpana wa kushuhudia michezo mingi zaidi.

LIGI YA UINGEREZA IMEFIKIA PATAMU!!! WIKIENDI HII USIKOSE WEST HAM VS ASTON VILLA NDANI YA DStv

Ligi ya Uingereza imefika patamu na wikiendi hii tutakunja jamvi.

Na moja kati ya mechi ambazo sio za kukosa ni West Ham watakaovaana na Aston Villa.

Na kupitia DStv utapa kutazama mechi hii ndani ya kifurushi cha Bomba TShs. 19,000 tu kupitia SS7.

Piga sasa *150*53# kulipia kifurushi chako au 0659 07 07 07 kujiunga na DStv.

#LiveSportsReturns

NMB BANK IS LOOKING TO HIRE GRADUATES FOR ITS MANAGEMENT TRAINEE PROGRAM FOR THE YEAR 2020

What we are looking for

We are looking for innovative, energetic youth who believe that through hard work and outstanding performance you cannot only build your career, but also have an impact on the country’s economy by being part of a leading financial institution in Tanzania.

About the Program

NMB’s Management Trainee Program is a 24 month program that attracts and recruits top Tanzanian graduates from top universities both locally and internationally. Fast tracking their skills development required to take up identified key roles within the bank and for succession planning.

The program is one way of strengthening NMB’s future leadership bench, bottom-up and expanding its talent pool. Management trainees are expected to distinguish themselves both intellectually and with their drive to make a difference. Based on that potential, management trainees are expected to grow to middle management level in a timeframe of two years.

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JOB VACANCY AT NMB BANK - SENIOR MANAGER, COMPLIANCE

Job Purpose

• Serving as the Data Protection Officer of the bank (DPO), is expected to support the design, development and implementation of strategies, standards and procedures to support the Data Governance program while facilitating adherence to NMB Enterprise Data Governance framework for data policies, standards and practices. 
• In close coordination with Head of Compliance, develop and ensure the implementation of the annual Compliance Risk Management Plan cutting across Financial Crime Compliance Risks, Regulatory Risk Monitoring, Transaction Monitoring, and Zonal Compliance Monitoring, Training, and Operations. 
• To assist the Head of Compliance in the day-to-day management of the Compliance Department by imbuing and imparting strong team building and people management skills to achieve desired objectives. 

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JOB VACANCY AT NMB BANK - DATA RISK ANALYST

Job Purpose

• The Analyst is responsible for executing investigations to identify relationships that pose money laundering, terrorist financing, fraud, and sanctions risks. 
• The Analyst/Investigator compiles evidence and documentation in compliance with AML procedures and regulatory requirements prior to escalations of potential Suspicious Transaction Reports (STRs) to Money Laundering Reporting Officer (MLRO).
• Ensure efficient identification and monitoring of suspicious activities and transactions.

Main Responsibilities

• Maintain a well-informed and all-inclusive knowledge of current money laundering and terrorist financing behaviors, issues, criminal typologies, industry best practices, regulations, and developing trends.
• Support implementation of an effective AML Transaction Monitoring (TM) alert analysis and suspicious activity investigations program to ensure compliance to relevant AML/Sanctions laws and regulations.
• Implement Transaction Monitoring techniques to support identification of risks around Money laundering, Terrorism Financing, Economic Sanctions, Fraud, and Operational risks consistent with the bank’s Financial Crime Compliance Risk Governance Framework.

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JOB VACANCY AT NMB BANK - RELATIONSHIP MANAGER, PRIVATE BANKING - LAKE ZONE

Job Purpose
To help and advice clients, grow Private segment within assigned Branch/Territory. The range and scope of his/her work ranges from helping clients with their account details giving advice on financial investments. He/she is the focal point of sustaining customer satisfaction, retain existing customers and generate additional business; acquire customers through various sales activities.

Main Responsibilities

• Portfolio growth (Assets, Liabilities, Investment products and Insurance) through customer visits, sales and retention.
• Track Portfolio trends and take action on any abnormalities observed.
• Customer retention, maximizing benefit from customers through cross-selling relevant NMB products in the segment.
• Minimization of exposures to and impact of risks while adhering to KYC, AML in managing the portfolio.
• Manage customer expectations through effective queries, complaint and correspondence handling in a timely manner as per service operating standards.

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JOB VACANCY AT NMB BANK - MANAGER, CREDIT ASSESSMENT

Job Purpose

To oversee a team of Credit Analysts in assessment of credit proposals for MSME, Wholesale and Agribusiness.

Main Responsibilities

• Delivery of a professional service to the business units, by assessing and evaluating credit facilities (new and/or existing) based on sound credit & financial principles, which supports to minimizing of risk to the bank. 
• Supervise Credit Analysts in submission of balanced credit opinions for approval of/decline of credit applications.
• Provide technical support to Credit Analysts including couching to improve quality of the credit proposals recommended for approval.
• Ensure the team observes SLA and without jeopardizing the quality of credit proposals.

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JOB VACANCY AT NMB BANK - SENIOR CREDIT ANALYST, STRUCTURED FINANCE

Job Purpose

• To undertake credit analysis of structured trade finance credit applications resulting in responsible management and growth of the corporate structured finance loan book by ensuring the bank’s returns are maximized while adhering to the stipulated credit policy/ lending parameters and risk appetite.

• To conduct detailed analysis of business operational risks and opportunities, cash flows, potential risks and mitigating factors, collateral values at hand, ring-fenced with financial and non-financial covenants and aligning the loan requests with the banks risk appetite statements on specific sectors.

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MAKAMU WA RAIS MGENI RASMI CRDB BANK MARATHON, SHILINGI MILIONI 200 KUKUSANYWA KUSAIDIA UPASUAJI WA MOYO KWA WATOTO 100

Mkurugenzi Mtendaji wa Benki ya CRDB, Abdulmajid Nsekela (katikati) akizungumza katika mkutano na Waandishi wa habari wakati wa kutambulisha mbio za hisani “CRDB Bank Marathon 2020” zinazoandaliwa ili kuhamasisha uchangiaji wa fedha kwa ajili ya upasuaji kwa watoto wenye magonjwa ya moyo katika Taasisi ya Moyo ya Jakaya Kikwete jijini Dar es salaam, leo. Nsekela alisema CRDB Bank Marathon inatarajiwa kukusanya shilingi milioni 200 ambapo washiriki zaidi ya 4,000 wanatarajiwa kushiriki siku hiyo tarehe 16 Agosti,2020 jijini Dar es Salaam. Kulia ni Mkurugenzi Mtendaji wa Taasisi ya Moyo Jakaya Kikwete, Prof. Mohamed Janabi na kushoto ni Mkurugenzi Mtendaji wa Sanlam Insurance, Khamisi Suleiman.

Dar es Salaam, Julai 21, 2020 – Mkurugenzi Mtendaji wa Benki ya CRDB, Abdulmajid Nsekela amemshukuru Makamu wa Rais, Mama Samia Suluhu Hassan kwa kukubali kuwa mgeni rasmi katika mbio za kwanza za hisani za “CRDB Bank Marathon” zinazolenga kuhamasisha uchangiaji wa shilingi milioni 200 kusaidia gharama za matibabu kwa watoto 100 wenye uhitaji wa upasuaji wa moyo. Nsekela ameeleza hayo katika mkutano na waandishi wa habari uliofanyika katika makao makuu ya Benki ya CRDB, Azikiwe Jijini Dar es Salaam.

Nsekela alisema mbali na makamu wa Rais, viongozi mbalimbali ikiwamo Rais mstaafu wa awamu ya nne, Jakaya Kikwete pamoja na Waziri wa Michezo, Harisson Mwakyembe wanatarajiwa kuungana na maelfu ya wakimbiaji kushiriki CRDB Bank Marathon tarehe 16 Agosti, 2020 katika viwanja vya “The Greens” Oysterbay, Dar es Salaam.

INTERNET USERS IN TANZANIA SURGE TO 26.8 MILLION

Tanzania ranks second in East Africa and fourth in Africa with the highest number of internet users after Nigeria with 126.07 million, Egypt 49.9 million and Kenya 46.8 million.

The number of internet users in Tanzania registered a quarterly growth of 4.02 per cent at the end of March 2020 to 26.8 million from 25.7 million in the quarter ended December 2019.

The increase was triggered by the rise in the number of people using smartphone handsets to go online.

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ZANTEL YAZINDUA HUDUMA YA HALIKATI, WATEJA KUWEZA KUVUSHA DAKIKA NA MBS ZILIZOSALIA KWENDA KIFURUSHI KIPYA

Mkuu wa Zantel Zanzibar, Mohammed Khamis Mussa (kushoto) akizungumza na waandishi wa habari wakati wa uzinduzi wa huduma mpya ijulikanayo kama ‘Bando Halikati’ inayompa mteja uwezo wa kuvusha dakika na MBs za intaneti kutoka kifurushi cha awali kwenda kifurushi kipya. Huduma hiyo inapatikana kwa kupiga *149*15# na kujiunga kifurushi chochote cha Zantel ukipendacho.

Mkuu wa Biashara wa Zantel, Aneth Muga (kulia) akizungumza na waandishi wa habari wakati wa uzinduzi wa huduma mpya maarufu kama ‘Bando Halikati’ inayowawezsha wateja kuvusha dakika na MBs za intaneti za Zantel kutoka kifurushi cha awali kwenda kifurushi kipya. Huduma hiyo itawapa wateja uhuru wa kuwasiliana na kuperuzi zaidi.

Zanzibar, 23 Julai 2020 - Ule wasiwasi wa kupoteza dakika na Mbs za intaneti pale kifurushi chako kinapoisha muda wake kwa sasa imebaki kuwa historia kwa wateja wa Zantel baada ya Kampuni hiyo kuzindua huduma maalumu ijulikanayo kama Halikati.

Huduma hiyo ya aina yake inamuwezesha mteja kuvusha dakika na MBs zilizosalia kutoka kwenye kifurushi cha awali kwenda kifurushi kipya na kumpa uwezo wa kuongea na kuperuzi zaidi.

Akizingumza wakati wa uzinduzi wa ofa hiyo, Mkuu wa Zantel Zanzibar, Mohammed Khamis Mussa alisema huduma hiyo imelenga kuwapa wateja uhuru wa kuchagua kifurushi chochote na kufurahia mawasiliano bila kikomo.

“Mawasiliano ya uhakika ni kiungo muhimu katika kuchochea maendeleo hivyo huduma hii ya Halikati itampa mteja uhakika wa mawasiliano ili kusaidia kuendesha shughuli mbalimbali kama biashara, kilimo na uvuvi bila wasiwasi wa kuisha kwa kifurushi chako,” alisema.

EMPLOYMENT OPPORTUNITIES AT MAENDELEO BANK PLC

NATIONAL BANK OF COMMERCE TENDER NOTICE; PRE-QUALIFICATION FOR VARIOUS SERVICES

VICE PRESIDENT, SAMIA SULUHU HASSAN TO GRACE CRDB BANK CHARITY HALF MARATHON

CRDB Bank Chief Executive Officer, Abdulmajid Nsekela (centre), speaks at a press briefing held in Dar es Salaam yesterday to introduce the 'CRDB Bank Marathon' organised to raise funds from various stakeholders to facilitate heart surgery for children with heart problems at the Jakaya Kikwete Cardiac Institute (JKCI). On the right is the JKCI Executive Director, Prof. Mohamed Janabi and on the left is Sanlam Insurance Managing Director, Khamisi Suleiman. A footrace run is expected to raise more than Tanzanian Shillings 200 million, where more than 4,000 participants are expected to participate in the race scheduled for mid-August.

The Vice President, Samia Suluhu Hassan is expected to grace the CRDB Bank Charity Half Marathon set for 16th August this year in Dar es Salaam.

At least 4,000 runners are expected to compete in a special marathon dubbed 'Race to Spread a Smile', which aims to raise TShs. 200 million to support operations on children with heart problems at Jakaya Kikwete Cardiac Institute.

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EPL KUMENOGA, ASTON VILLA VS ARSENAL NDANI YA DStv SAA 4:15 LEO USIKU!!!

#EPL kumenoga 🔥🔥.......

Sasa macho kuelekezwa katika mechi za uamuzi... Aston Villa wakikichapa na Arsenal, je wewe karata yako umeitupia wapi?

Piga *150*53# kulipia kufurushi cha Compact TShs. 44,000 ili usikose mechi hii.

Au piga 0659 07 07 07 kujiunga na DStv.

#LiveSportsReturns

TELCOS ARE HELPING TANZANIA’S ECONOMY BECOME ONE OF THE MOST DYNAMIC IN THE REGION

Recent economic news has shown that there are reasons to be optimistic about the country’s economy. According to the latest estimates by the African Development Bank (AfDB), the Tanzanian economy is forecasted to grow at 5.2 per cent this year.

These figures mirror earlier research by The Legatum Institute, a UK-based think tank, which highlighted that the country’s economy has secured its position as one of the fastest growing in East Africa.

The research points to a number of factors which have helped to contribute to the country’s overall growth rate. This includes measures ushered in by the government to help drive cross-sector investment and put the economy on the pathway to industrialisation.

Recent news coverage has reported on a number of these initiatives. This includes the construction of new roads and the upgrade of the Dar es Salaam Port to facilitate the flow of more goods in and out of the country.

ABSA IS TAPPING IN WHEN YOU NEED US MOST - CONTACTLESS PAYMENTS ARE HERE!!!

EXCLUSIVE INTERVIEW WITH ABSA TANZANIA MANAGING DIRECTOR, ABDI MOHAMED

Absa Tanzania Managing Director Abdi Mohamed.

Following the successful launch of the Absa brand in Tanzania, our editor had the opportunity to catch up with Absa Tanzania Managing Director Abdi Mohamed. In a wide ranging exclusive interview he was able to share the key highlights of the journey to Absa and the turnaround in financial performance over the last 4 years.

Q: What is the status of the Absa brand transition so far?

A: Three years ago, we set out on a challenging and exciting journey to transition the Barclays brand to Absa in all our presence markets in Africa. In February we successfully launched the Absa brand in Tanzania. In the months since then we have fully concluded our separation programme and are now operating in Tanzania as Absa Bank Tanzania limited. We appreciate the support and guidance from the Bank of Tanzania under the leadership of the Governor, Professor Luoga. I would also like to mention the support of other government agencies in this process.

Q: How is the Absa brand performing in Tanzania
A: As Absa Bank Tanzania, we are well represented within the country. We maintain a network of 15 branches and 60 ATMs in which 49 are deposit accepting ATMs that are strategically placed within a number of cities that includes Dar es Salaam, Dodoma, Mwanza, Arusha, Zanzibar, Moshi, Morogoro, Iringa and Mbeya.

As a Group, we have a presence in 12 African countries and an international representative office in London. We have almost 41,000 employees, more than 1,000 branches, and approximately 10,000 ATMs. We are one of Africa’s largest diversified financial services groups, offering an integrated set of products and services across personal and business banking, corporate and investment banking, wealth and investment management and insurance.

As an organisation, we believe in bringing possibility to life. We are here to fulfil the ambitions of our customers and communities, and we look forward to continuing to build strong partnerships in both private and public sectors to make this a reality.

In Tanzania Absa has performed well financially over the past three years supported by the growth in key economic sectors in the economy as well as an enabling regulatory environment. We have provided over 500 billion TZS in credit facilities to among others Manufacturing, Construction, Tourism, Trading and Agriculture since 2016. We have introduced a Bancassurance unit, enhanced our online and digital channels capabilities and improved our transactional and card prepositions in both acquiring and issuing.

BENKI YA NMB YAZIPIGA TAFU SHULE 6, KITUO CHA AFYA KINONDONI

Mkuu wa Wilaya ya Kinondoni, Daniel Chongolo akipokea msaada mabati 180 kutoka kwa Kaimu Meneja wa Benki ya NMB Kanda ya Dar es Salaam, Seka Urio. 

Wanafunzi wa Shule ya Sekondari ya Turiani wakipeleka madawati darasani baada ya hafla fupi ya makabidhiano na Benki ya NMB.

Benki ya NMB, imekabidhi misaada ya mabati 180, madawati 200, mashine sita za kunawia mikono, viti na meza 100, kwa ajili ya Shule za Msingi Oysterbay, Msasani, Tandale Magharibi, Mzimuni na Kisauke pamoja na Sekondari ya Turiani. Huku kituo cha Afya cha Mabwepande kikipata vitanda magodoro, vyote kwa pamoja vikiwa na thamani ya jumla ya Sh. Mil. 36.

Akizungumza wakati wa hafla ya kuvibabidhi kwa Mkuu wa Wilaya, Daniel Chongolo, Kaimu Meneja wa Benk ya NMB Kanda ya Dar es Salaam, Seka Urio alisema “Ingawa Serikali inafanya makubwa, sisi kama wadau tunawajibu wa kuunga mkono juhudi hizi za maendeleo kwa kusaidia jamii, kwani kupitia jamii hii hii, ndio imeifanya benki yetu kuwa hapa ilipo, kubwa kuliko benki yoyote hapa nchini huku tukiendelea kupokea tuzo ya benki bora kwa mara ya nane mfululizo,”

TANZANIA’S UBUNGO INTERCHANGE PARTIALLY OPENED TO PUBLIC

Motorists in Dar es Salaam the capital city of Tanzania now breathe a sigh of relief after the Ubungo interchange which is currently under construction in Ubungo district, North West region of the city, partially opens to the public.

The construction works on the 17.5-meter three level Ubungo interchange by China Civil Engineering Construction Corporation (CCECC) begun back in March 2017 following the foundation stone laying by Tanzanian President Magufuli and the then World Bank President Jim Yong Kim.

The project which also features service roads and which is reportedly the biggest of its kind in the East African country, is expected to be completed by December this year.

According to Godrich Mshana, the CCECC’s quality assurance and control engineer, 80 percent of the project has already been completed and they are trying their level best to complete the entire project even before the officially set completion date.

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JUNE 2020 PROGRESS VIDEO - STANDARD GAUGE RAILWAY LINE FROM DAR ES SALAAM TO MOROGORO

COVID-19 IS ACCELERATING THE CHANGING ROLE OF ACCOUNTANTS IN BUSINESS: HERE’S HOW

Even before the current global crisis, businesses were facing a multitude of challenges and opportunities in a rapidly changing environment. A world where customers and society are more demanding, where resources are increasingly constrained, where business models are being disrupted, and where intangible assets represent a growing proportion of the value of an enterprise.

The covid-19 pandemic has only heightened these issues, accelerated the pace of change, and constricted the time to respond. Organizations are having to reconsider their business and operating models to take into account changes in supply chains and working practices, as well as changed customer and stakeholder behaviors, needs and expectations.

And as business evolves, the nature of work and the contributions made by professional accountants must also evolve. The IFAC’s Professional Accountants in Business (PAIB) Advisory Group has been exploring the evolution over the last few years, and it remains high on our agenda.

Unchanged in this period of uncertainty is the opportunity for chief financial officers (CFOs) and their finance teams to enhance their contribution to the business in which they operate. For CFOs in particular, in their roles as co-pilots, they must work in partnership with leadership to make difficult decisions, help navigate the crisis, and facilitate any necessary change to ensure longer-term business resilience.

Less than a year ago, IFAC set out its vision for the CFO and finance function. It highlights many priority areas for accountants to consider as organizations shift their focus from crisis mode to recovery and longer-term strategic considerations.

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AIRTEL LAUNCHES TRANSACT ON AIRTEL MONEY AND TALK FOR FREE CAMPAIGN

Airtel Tanzania Director of Airtel Money, Isack Nchunda (left) flanked by the company’s Public Relations Manager, Jackson Mmbando (right) display a placard while launching Airtel Money customer drive campaign where Airtel customers will now be getting Free minutes every time they do a transaction on Airtel Money when Sending Money within the network, cashing out, Paybill or buying bundles and airtime.

Airtel Tanzania Director of Airtel Money, Isack Nchunda (left) speaks in Dar es Salaam recently during the launch of Airtel Money customer drive campaign where Airtel customers will now be getting Free minutes every time they do a transaction on Airtel Money while Sending Money within the network, cashing out, Paybill or buying bundles and airtime. On the right is the company’s Public Relations Manager, Jackson Mmbando.

Dar es Salaam July 15th 2020 - Airtel Tanzania the Smartphone Network has yet proved its innovation and uniqueness in the market by launching an Airtel Money customer drive campaign where now Airtel customers will be getting Free minutes every time they do a transaction on Airtel Money on Sending Money within network, cashing out, Paybill or buy bundle and airtime.

Speaking in Dar es Salaam while announcing the new campaign, Airtel Tanzania Director of Airtel Money services Isack Nchunda said “Airtel Tanzania has decided to launch a transact and get free talk time offer to reward our customer’s across the country for their loyalty in using Airtel Money services. This offer aims at sensitizing All Mobile Money customers to make use of Airtel Money service while paying for various goods and services to meet their daily needs”, Nchunda said.

“Airtel Money is the fastest growing mobile money service in the country with more than 5million customers, over 100,000 thousand Airtel Agents and over 1,500 Airtel Money Branches, Airtel Money service has been expanding rapidly in the recent years catering for both urban and rural areas. In his statement Nchuda added “I call upon all Tanzanians and Airtel Money customers generally to continue using their Airtel Money accounts for convenience, affordability and most secured money services.”

TANZANIA HAS WHAT IT TAKES TO BE ‘AFRICAN ECONOMIC GIANT’

Tanzanian President John Magufuli waves as he attends a ceremony marking the country’s 58th independence anniversary in 2019.

East Africa’s sleeping giant is finally awakening. Right in the middle of the global Coronavirus pandemic, Tanzania has provided a rare piece of good news — on 1 July 2020, the country achieved its middle-income vision five years ahead of schedule.

As a coastal economy bordering eight countries, six of which are nearly or completely land-locked, Tanzania is well-situated to become a regional economic and transit hub. The country is endowed with rich renewable and non-renewable resources that can power not only its own economic transformation but that of its neighbours as well.

Reporting on Africa tends to swing between two extremes: Africa is either a hopeless basket case or a rising continent. What is often conspicuously lacking is a more nuanced analysis of the unspectacular progress that is being made. Tanzania’s case shows that no country is pre-ordained to remain underdeveloped.

Tanzania is potentially an African economic giant due to what I call its unique characteristics — strategic location, diverse resources, and political stability. Perhaps most crucially, the country has enjoyed decades of political stability, with hardly any of the conflicts that have affected almost all its neighbours since independence in the 1960s.

During the presidency of Benjamin Mkapa, Tanzanian stakeholders began the exercise of formulating the country’s development vision. In 1995, a team of experts was the focal point of this exercise under the auspices of the Planning Commission. Participation took different forms, including symposiums, interviews, dialogues, and meetings that brought together different social groups.

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DStv INAKULETEA NUSU FAINALI ZA FA CUP WIKIENDI HII

Nusu fainali za FA Cup ⚽️⚽️⚽️⚽️⚽️ wikiendi hii 🔥🔥🔥🔥.

Na kama kawaida uhakika wa kutazama mechi hizi unapatikana @dstvtanzania kupitia ulimwengu wa kimichezo wa SuperSport

Hakikisha unalipia mapema kifurushi chako kwa kupiga *150*53#.

Au piga 0659 07 07 07 kujiunga na DStv.

#LiveSportsReturns

CRDB BANK MARATHON KUFANYIKA TAREHE 16 AGOSTI 2020

BOFYA HAPA KUJUA ZAIDI KUHUSU CRDB BANK MARATHON 

BENKI YA I&M YAINGIA UCHUMI WA KATI KWA KISHINDO KWA KUZINDUA TAWI LAKE KUU PAMOJA NA KUZINDUA AKAUNTI MAALUM KWA AJILI YA WANAWAKE

Naibu Gavana wa Benki Kuu ya Tanzania, Dr. Bernard Kibesse.

Benki ya I&M imezindua tawi lake kuu jijini Dar es Salaam na kuzindua akaunti maalum kwa wanawake ikiwa na lengo la kutoa nafasi kwa Watanzania kupata huduma za kibenki katika mazingira yanayoendana sambamba na kutangazwa kwa nchi kuwa ya uchumi wa kati.

Matukio haya makubwa mawili yamefanyika siku ya Jumatano 15 Julai 2020.

Tawi hili jipya ni ushahidi tosha kama nadhiri ambayo benki iliweka kwa ajili ya kuhudumia soko na wateja wake ambapo imekuwepo kwa takribani kwa ujumla, kwa kipindi cha miaka kumi tangu ilivyochukua benkin ya CF Union mwaka 2010. 

Dr Bernard Kibesse, Naibu Gavana wa Benki Kuu ya Tanzania, aliezindua tawi hilo aliendelea kwa kuipongeza benki hiyo kwa msaada mkubwa inayotoa kwenye maendeleo ya kiuchumi kwa taifa.

I&M BANK TANZANIA INAUGURATES ITS MAIN BRANCH AS IT LAUNCHES A SPECIAL ‘I&M TUNAWEZA WOMEN'S ACCOUNT’

I&M Bank's Board Member, Ambassador Bertha Semu-Somi, speaks during the launch of the bank’s newly-introduced Tunaweza Women's Account during the bank’s main branch inauguration.

Bank of Tanzania (BOT) Deputy Governor, Dr. Bernard Kibesse speaks during the launch of the bank’s newly-introduced Tunaweza Women's Account during the bank’s main branch inauguration.

Dar es Salaam - I&M Bank Tanzania has announced the inauguration of its relocated Main Branch as well as the launch of their first-ever account, exclusively for women in Tanzania. This two-tier event took place at their Main Branch new premises located at Indira Gandhi Street next to NIDA Textile building, on15th July, 2020.

The newly refreshed branch is testimony of I&M Bank’s commitment to the market and its customers; loyal to the Bank for over 10 years having taken over from CF Union. Dr. Bernard Y. Kibesse, BOT Deputy Governor, officiated the inauguration and further commended I&M for its good work in support of the economy.

Speaking during the inauguration, Dr. Kibesse further applauded the Bank for its understanding of the needs of their customers and responding positively by ensuring they get the best experience while visiting the Bank, “10years of existence in the market, with extensive trend of profit making gives the market a very high promising future to bank with I&M”, he capped.

PKF TANZANIA COLLABORATES WITH TANZANIA REVENUE AUTHORITY AND CTI TO HOST A TAX WEBINAR

Are you an entrepreneur, business owner, investor, auditor, accounting or finance professional?

PKF Tanzania in collaboration with the Tanzania Revenue Authority (TRA) and the Confederation of Tanzania Industries (CTI); invites you to a FREE Zoom webinar on July 17th from 1500HRS EAT.

Get to know key tax changes over the last five years, in the Income Tax Act, Finance Act 2020, Tax Administration Act and much more.

What changes are being implemented? How will they impact your business and how we file our records? All this and more from the comfort of your own device. 

CLICK HERE TO REGISTER

ECOBANK GROUP NAMED AFRICA’S BEST BANK FOR CORPORATE RESPONSIBILITY BY EUROMONEY

Lomé, 15th July 2020 – The leading pan-African banking group, Ecobank, has won the coveted prize of Africa’s Best Bank for Corporate Responsibility in the Euromoney Awards for Excellence 2020. Euromoney recognises Ecobank’s focus on sustainability and partnerships and its core capabilities in delivering positive social and environmental outcomes across Africa.

Carl Manlan, Chief Operating Officer of the Ecobank Foundation said: “At Ecobank we leverage human capabilities and other core resources to partner for African transformation. We are passionate about co-designing partnerships to drive change at community levels across our panAfrican footprint. The Euromoney Award for Excellence recognises our collaboration with African communities and like-minded partners.”

Ade Ayeyemi, CEO of Ecobank Group said: “The Ecobank Foundation is doing amazing work in delivering on its commitment to improve the quality of life of people across the African continent. The Foundation should be rightly proud of its ceaseless impact and the real difference that it is making in numerous parts of the continent. Through the Foundation, our Group leverages its resources and capabilities to contribute to the economic and social development of Africa.”

ASKARI MAGEREZA AJISHINDIA KITITA CHA SHILINGI 128 MILIONI KWENYE BAHATI NASIBU YA TUSUA MAPENE NA VODACOM

Mkuu wa gereza la Musoma, Mrakibu Mwandamizi wa Magereza Aliko Mwakalobo (wa pili kulia) akishuhudia mshindi wa Bahati nasibu ya Tusua Mapene Sajenti Celestine Kalemezi (katikati) akipongezwa na Meneja mauzo wa Vodacom Tanzania PLC – Musoma, Jovinth Ikate, baada ya afande Kalemezi kuibuka mshindi wa shilingi 128 milioni. Ili kushiriki kwenye promosheni hii, mteja anatakiwa kutuma neno “CHECK” au “VODA” kwenda namba 15544, kwa gharama ya shilingi 300 tu.

Afisa Huduma wa Shindano la Tusua Mapene na Vodacom, Paulina Biseko (kulia) na Meneja Uhusiano na Mawasiliano Vodacom Tanzania PLC, Alex Bitekeye (katikati) wakimsikiliza Balozi wa Tusua Mapene, Golden Mangula wakati akiongea na mshindi wa shindano hilo, Celestina Kilenezi, askari Magereza wa Gereza la Musoma ambaye amejishindia zaidi ya shilingi milioni 128/- za shindano hilo. Ili kushiriki shindano hili tuma neno Voda kwenda 15544.

Afisa Huduma wa Shindano la Tusua Mapene na Vodacom Tanzania, Paulina Biseko (kulia), Meneja Uhusiano na Mawasiliano wa Vodacom Tanzania PLC, Alex Bitekeye (wa pili kulia) wakiwa kwenye picha ya pamoja na mabalozi wa shindano la Tusua Mapene na Vodacom Tanzania, Judith Laizer (kushoto) na Golden Mangula mara baada ya kumtangaza mshindi wa shindano hilo, Celestina Kilenezi, askari Magereza wa Gereza la Musoma ambaye amejishindia zaidi ya shilingi milioni 128/- za shindano hilo. Ili kushiriki shindano hili tuma neno Voda kwenda 15544. 

BENKI YA NMB YASHINDA TUZO YA KIMATAIFA YA BENKI BORA TANZANIA MARA NANE MFULULIZO

Mwenyekiti wa Bodi ya Wakurugenzi wa Benki ya NMB, Dk. Edwin P. Mhede (katikati) akikabidhiwa Tuzo ya Benki Bora na Kaimu Mkurugenzi Mtendaji wa Benki ya NMB, Ruth Zaipuna (kushoto). Akishuhudia ni Afisa Mkuu wa Wateja Binafsi na Biashara wa NMB, Filbert Mponzi (kulia).

Mwenyekiti wa Bodi ya Wakurugenzi wa Benki ya NMB, Dk.Edwin P. Mhede (katikati), Kaimu Mkurugenzi Mtendaji wa Benki ya NMB, Ruth Zaipuna (kushoto) na Afisa Mkuu wa Wateja Binafsi na Biashara wa NMB, Filbert Mponzi (kulis) wakiifurahia Tuzo walioipokea kwa kuwa Benki Bora Tanzania.

Benki ya NMB imekuwa benki bora nchini Tanzania kwa mara ya nane mfululizo baada ya kuzibwaga benki zingine 40 nchini.

Tuzo hiyo imetolewa na Euromoney, ambalo ni jarida la kimataifa la masuala ya kifedha linaloongoza duniani lenye makao makuu yake jijini London, Uingereza.

Tuzo hii inaonesha kuwa Benki ya NMB ni zaidi ya taasisi inayotoa huduma za kifedha na kuwa kichocheo muhimu cha mabadiliko ya kiuchumi kupitia utoaji huduma za kibenki kwa njia ya kidigitali.

Akiongea wakati wa kukabidhiwa tuzo hiyo, Mwenyekiti wa Bodi ya Wakurugenzi ya Benki ya NMB – Dk. Edwin Mhede alisema baada ya Tanzania kufikia uchumi wa kati, Benki ya NMB inaahidi kuendelea kutoa ushirikiano wa karibu ili kuchangia zaidi katika ukuaji wa uchumi kwenda katika hatua ya juu zaidi.

Kwa upande wake, Kaimu Mkurugenzi Mtendaji wa Benki ya NMB - Ruth Zaipuna alisema: “Leo hii tunajulikana kama benki imara zaidi, yenye huduma za ubunifu wa kiteknolojia. Tumedhamiria kuwa zaidi ya taasisi ya huduma ya fedha kwa kuendelea kuchochea mabadiliko ya kiuchumi katika nchi yetu na kuboresha maisha ya Watanzania wenzetu kwa kutoa huduma zinazowafaa na kukidhi mahitaji na mipango yao.”

NMB BANK PLC WINS EUROMONEY AWARD FOR EXCELLENCE 2020 - TANZANIA’S BEST BANK

NMB Bank Board Chairman, Dr. Edwin P. Mhede (centre), receiving the Best Bank Award from the NMB Bank Acting Managing Director, Ruth Zaipuna (left). Looking on is the NMB Bank Chief of Retail Banking, Filbert Mponzi (right).

NMB Bank Board Chairman, Dr. Edwin P. Mhede (centre), NMB Bank Acting Managing Director, Ruth Zaipuna (left) and NMB Bank Chief of Retail Banking, Filbert Mponzi (right), rejoice with the award given to them by Euromoney for being the Best Bank in Tanzania.

NMB Bank Plc has for the 8th consecutive year scooped the Best Bank in Tanzania 2020 award by Euromoney Magazine outshining about 40 other banks in the country. This is a top award issued by the leading global financial markets magazine based in London.

The award is given after measuring a number of metrics including, financial performance, digital banking strategy, financial inclusion, product offerings and the approach to cybersecurity and corporate social responsibility.

Other metrics considered include market capitalization; return on equity; return on assets; market share of deposits; market share of loans; loans-to-deposits ratio; non-performing loans ratio; and non-performing loan coverage ratio.

This award reflects the progress NMB Bank has made in delivering a banking experience that captures what customers need today and tomorrow, making it the best bank for financial inclusion in the country.

NMB’s Acting Managing Director, Ruth Zaipuna said, “We are today a bank that is known for, Resilience, focus on Technology and Innovation.”

DStv KUPITIA SS3 INAKULETEA ARSENAL VS LIVERPOOL LIVE LEO SAA 4:15 USIKU

Hapa wakali wa #EPL Liverpool hapa Arsenal, hakika hii si ya kukosa.

Na kama kawaida DStv kupitia SS3 inakupa kutazama mechi hii Live leo saa 4:15 usiku.

Piga *150*53# kulipia sasa kufurushi chako cha Compact ili usikose mechi hii.

Au piga 0659 07 07 07 kujiunga na DStv.

#LiveSportsReturns

VODACOM YAIBUKA MSHINDI WA BANDA BORA LA MAWASILIANO NA TEHAMA KWENYE MAONESHO YA SABASABA

Meneja Ruzuku na Mawasiliano wa Vodacom Tanzania Foundation, Sandra Oswald (wa pili kushoto ) pamoja na Msaidizi wa Mipango Vodacom Tanzania Foundation, Kelvin Boya wakiwaelezea wateja kuhusu huduma ya Instant School walipotembelea banda la Vodacom kwenye maonesho ya 44 ya biashara ya kimataifa ya sabasaba.

Waziri wa Biashara na Viwanda Zanzibar Mhe. Balozi, Amina Salum Ali akimkabidhi Tuzo ya Banda bora la sekta ya Mawasiliano na Tehama kwenye maonesho ya 44 ya kimataifa ya biashara (Sabasaba) Meneja wa mauzo wa Vodacom Tanzania PLC, kanda ya Temeke, Angetile Martin. Vodacom iliibuka mshindi wa kwanza katika kipengele hicho baada ya kuonesha vitu mbalimbali ikiwemo robot anayeitwa Pepper.

Baadhi ya wateja waliotembelea banda letu, wakizungumza na robot aitwaye Pepper kuhusu huduma mbalimbali zinazotolewa na kampuni yetu wakati wa maonesho ya sabasaba.