Kitomari Banking & Finance Blog is a premier site for banking, finance, business, economic, investment and stock market news as well as selected informative articles from Tanzania, East Africa and the rest of the World. We operate 24 hours a day, 365 days a year with complete context, perspective and precision.
Saturday, 30 March 2024
Friday, 29 March 2024
PANDA TUKUPANDISHE USIKOSE MAN CITY vs ARSENAL
Changamkia ofa hii mapema kwa kupiga *150*53# ili uweze kulipia kifurushi cha juu yako ili upandishwe cha juu zaidi!
SAMSUNG S24 LIVE TRANSLATE MAKES EVERY USER A MULTILINGUAL
Imagine calling someone who does not speak your language, say, French, then the other person speaks in French, but your phone relays the phone call to you in English. Is this even possible? Can such an evolution be already happening?
Yes. It is happening through the newly-launched, AI-Powered, Samsung S24. The S24 comes with several AI-powered features, including Live Translate. This particular feature translates phone calls in real-time directly on your device. You will essentially have your translator, which will make multilingual communication easier. [1]
The feature supports the following languages; Chinese Simplified, English (India, United Kingdom, United States), French, German, Hindi, Italian, Japanese, Korean, Polish, Portuguese, Spanish (Mexico, Spain, United States), Thai, and Vietnamese. So many languages. Right? [2]
Users have already started warming up for this built-in Dialer app, which can translate phone calls in real time. The feature uses AI to generate voice and text translations of live phone calls. The person you’re calling doesn’t need a Samsung phone for Live Translate to work. The fine print notes that you’ll need an internet connection to use this feature, but Samsung also said the feature uses on-device AI to keep conversations private. [3]
There is no doubt that this evolutionary feature virtually eliminates language barriers, making the world the proverbial “global village.” The feature allows users to translate text, speech, or images in real-time, providing instant access to information without requiring manual input.
With at least 13 languages supported, Live Translate not only supports social interactions among people with diverse languages and cultures worldwide but also enhances business transactions around the globe. People can communicate effortlessly without needing a human translator, who is mainly prone to areas and loss of facts and meaning.
OPINION: TIME FOR ARTIFICIAL INTELLIGENCE LITERACY
By Anthony Hutia.
During my college days, one of my professors liked to remind us that education is knowing everything about something while knowing something about everything. In a nutshell, a doctor should know everything about medicine, but he does not have to understand how architecture works. However, a well-educated doctor knows something about architecture.
This has never been more true in the times we are living in. Since education is a continuous process, we always have to learn new things every day. Because we live in the digital revolution era, we find ourselves in a situation where new ideas are being developed every day. It is therefore in the interest of natural progression that we keep abreast with the latest developments lest we become the illiterates of the 21st century.
One area in which modern man must endeavor to stay literate is in Artificial Intelligence or AI. Artificial Intelligence has undoubtedly become an integral part of our daily lives, often in ways we may not even realize. From the personalized advertisements we receive while browsing on social media to the voice-activated virtual assistants that help us manage our schedules, AI is everywhere. It is in our smartphones, our cars, our workplaces, and even our homes. AI is shaping industries, driving innovation, and transforming how we interact with the world.
As my professor said, we cannot know everything about AI because not all of us are information technology enthusiasts. However, as active AI users, it is necessary, nay, imperative that we know something about AI. By seeking AI literacy, we do not intend to turn everyone into an AI specialist. Instead, we aim to equip individuals with the knowledge and skills to understand, use, and interact with AI responsibly and effectively. It is about enabling people to make informed decisions about AI technologies, understand their implications, and navigate the ethical considerations they present.
Thursday, 28 March 2024
DKT. NCHEMBA AKUTANA NA MKURUGENZI MPYA WA TBL
PANDA TUKUPANSIDHE USIKOSE MAN CITY vs ARSENAL
Zimebaki siku 5 tu ofa ya Panda Tukupandishe ndani ya @dstvtanzania.
Changamkia ofa hii mapema kwa kupiga *150*53# ili uweze kulipia kifurushi cha juu yako ili upandishwe cha juu zaidi!
Changamkia ofa hii mapema kwani mwisho wa kulipia ni tarehe 31 Machi 2024.
#pandatukupandishe
#sokanidstv
#unakosaje
VODACOM, CRDB KUONGEZA UPATIKANAJI WA SIMUJANJA
Wednesday, 27 March 2024
AIR TANZANIA EXTENDS WINGS WITH ACQUISITION OF NEW BOEING 737-9 MAX
Prime Minister, Kassim Majaliwa cuts a ribbon to receive the Boeing 737-9 Max at Julius Nyerere International Airport in Dar es Salaam. |
The aircraft, Boeing 737- 9 Max with a capacity to carry 181 passengers, brings the number of the country’s airline fleet to 15.
It cruised from Seattle, the United State of America via Dakar, Senegal marshalled by two pilots, Mr. Herman Mushi and Mr. Mohammed Mbaruku.
Speaking during the colourful reception to usher in the new plane, Prime Minister Kassim Majaliwa underlined the government’s deliberate commitment on continuing to strengthen ATCL and the aviation sector as key catalysts for economic growth.
The PM said the rise in number of passenger and cargo volume allows the country’s airline to extend its domestic and international routes to serve more people, boost business and the entire economic production value chain, including agriculture.
NMB YAFUTURISHA DAR, WAZIRI MKUU AZITAKA SERIKALI ZA MITAA, TAASISI ZIJIFUNZE KWAO
MILESTONE AS EACOP INAUGURATES THERMAL INSULATION PLANT IN TABORA
EACOP Ltd, 26th March 2024 has achieved another key milestone on the construction stage of the East African Crude Oil Pipeline Project (EACOP Project) by officiating the inauguration of Thermal Insulation Plant (TIS Plant) constructed and operated by one of EACOP Ltd Level One Contractors, WASCO ISOAF which is a joint venture of local and foreign companies. The TIS Plant receives all line pipes to be used in Tanzania and Uganda. The TIS Plant will apply thermal insulation to all 86,000-line pipe joints prior to their dispatch and installation along the route from Uganda to Tanzania. The purpose of the insulation is similar to a thermos flask – it retains the warmth of the fluid inside the pipe whilst simultaneously keeping the external environment cool.
AKIBA COMMERCIAL BANK YAANDAA FUTARI KWA WATEJA NA WADAU WAKE
Katika hafla hiyo iliyofanyika tarehe 25 Machi, 2024 katika Hoteli ya Serena Mkurugenzi Mtendaji wa ACB, Bw. Silvest Arumasi alitumia fursa hiyo kuwapongeza Waislamu wote kwa mfungo wa mwezi Mtukufu wa Ramadhan, na amewashukuru wadau wote kwa kutenga muda wao na kujumuika pamoja katika Futari hiyo kwani kwa kitendo hicho kimeleta faraja na heshima kubwa sana.
DCB YAZINDUA PROGRAMU YA VICOBA KUBORESHA MAISHA YA WATANZANIA
Baadhi ya Wana Vicoba waliohudhuria uzinduzi wa DCB VicobaApp wakiwa katika hafla hiyo, Kitunda, Ilala, Dar es Salaam. |
Dar es Salaam: Katika kuunga mkono juhudi za serikali ya awamu ya sita katika kuhakikisha huduma za Kifedha zinawafikia watu wengi, kirahisi na gharama nafuu, Benki ya Biashara ya DCB imezindua programu ya VICOBA ikiwalenga wateja wa Vicoba na makundi mengine ya kijamii.
Uzinduzi wa DCB VicobaApp umefanyika Kitunda, Ilala nje kidogo ya jijini Dar es Salaam sambamba na hafla ya uzinduzi wa mradi wa kumiliki Coaster tano ulioandaliwa na Umoja wa Vikundi vya Ujasiriamali Kivule (UVUKI), chini ya Shirikisho la Vikundi vya Ujasiriamali Tanzania (SHIVUTA).
Akizungumza katika hafla hiyo, Mkurugenzi Mtendaji wa Benki ya DCB, Bwana Sabasaba Moshingi alisema programu hiyo itawawezesha wanachama wa VICOBA kufanya miamala yao kwa urahisi na usalama zaidi, hivyo kuchochea maendeleo ya kiuchumi katika jamii.
“Tunatambua umuhimu wa teknolojia katika kuboresha maisha ya watu, na ndio maana tumeamua kuja na DCB VicobaApp ili kusaidia wanachama wa VICOBA na makundi mengine ya kijamii kupata huduma za kifedha kwa urahisi zaidi kupitia simu zao za mkononi.
“Ikianzishwa takribani miaka 22 iliyopita kupitia wito wa Rais Mstaafu, Hayati Benjamin William Mkapa, kipaumbele chetu kikubwa kimekuwa ni kuinua maisha ya watanzania wenye kipato cha wastani kiuchumi, hususan wajasiriamali wadogo na wa kati lakini tukiangaza zaidi kwa watanzania ambao mara kadhaa wamekuwa wakikosa vigezo vya kupata mikopo na urahisi wa kuwekeza katika benki za kibiashara,” alisema Bwana Moshingi.
Tuesday, 26 March 2024
AIRTEL INTRODUCES 5G HOME WI-FI, STARTING AT TZS 70,000
Bongo Fleva artist, Diamond Platinum who is Airtel Tanzania Brand Ambassador addresses the media during the launch of Airtel 5G Smart Box and bundles. |
Dar es Salaam, March 26, 2024 – Airtel Tanzania, a leading telecommunications service provider, has announced the official launch of its groundbreaking Airtel 5G Smart Box and bundles to facilitate the accessibility of 5G services in the country. This significant milestone heralds a new era of high-speed internet connectivity, providing unparalleled download speeds, improved reliability, and seamless streaming capabilities.
Airtel’s 5G technology promises to revolutionize internet connectivity in Tanzania, offering superfast download speeds. Airtel’s 5G service ensures higher quality streaming, low latency, increased availability, and more reliable and stable connectivity. Whether for high-definition video conferencing, or streaming ultra-high-definition content, Airtel 5G sets to meet the demands of digital lifestyles for individuals and businesses.
“Airtel Tanzania is excited to lead the charge in 5G connectivity, making advanced data services accessible to Tanzanians increasing the much-sought broadband penetration. Our aim is not only to provide cutting-edge services but also to empower individuals and businesses to reach their full potential in an increasingly digital world.” says Airtel Marketing Director Timea Chogo.
To enjoy Airtel’s 5G services, customers can access it through 5G-capable handsets or the newly introduced Airtel 5G Smart Box. The 5G routers are available under two arrangements tailored to either Business or Home (retail) customers. Notably, the device remains an Airtel asset for the entirety of the contract period, emphasizing our commitment to providing continued support and service excellence.
Airtel’s 5G technology promises to revolutionize internet connectivity in Tanzania, offering superfast download speeds. Airtel’s 5G service ensures higher quality streaming, low latency, increased availability, and more reliable and stable connectivity. Whether for high-definition video conferencing, or streaming ultra-high-definition content, Airtel 5G sets to meet the demands of digital lifestyles for individuals and businesses.
“Airtel Tanzania is excited to lead the charge in 5G connectivity, making advanced data services accessible to Tanzanians increasing the much-sought broadband penetration. Our aim is not only to provide cutting-edge services but also to empower individuals and businesses to reach their full potential in an increasingly digital world.” says Airtel Marketing Director Timea Chogo.
To enjoy Airtel’s 5G services, customers can access it through 5G-capable handsets or the newly introduced Airtel 5G Smart Box. The 5G routers are available under two arrangements tailored to either Business or Home (retail) customers. Notably, the device remains an Airtel asset for the entirety of the contract period, emphasizing our commitment to providing continued support and service excellence.
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