EQUITY GROUP BRINGS INVESTORS TO EXPLORE INVESTMENT OPPORTUNITIES IN TANZANIA MAINLAND AND ZANZIBAR

Dar es Salaam, Tanzania – 30 June 2026

Equity Group, a leading African financial services institution, is undertaking a landmark four-day Trade and Investment Roadshow across Tanzania Mainland and Zanzibar from 29 June to 2 July 2026. Designed to unlock transformative trade and investment opportunities in one of East Africa’s fastest-growing economies, the mission brings together investors, traders, and business leaders from across Africa and beyond to explore Tanzania’s dynamic economic landscape. The strategic initiative supports broader regional integration under the African Continental Free Trade Area (AfCFTA), with a strong focus on reducing barriers to cross-border trade, enhancing regulatory coordination, and expanding intra-African commerce.

As part of the Roadshow, Equity Group convened a high-level Business Forum at the Mfaume Kawawa Ceremonial Hall at the Dar es Salaam International Trade Fair (Saba Saba) Grounds. The forum was designed to foster meaningful commercial partnerships by connecting international investors with local enterprises. Organized in partnership with the Tanzania Trade Development Authority (TanTrade), the event facilitated impactful Business-to-Business (B2B) and Government-to-Business engagements across multiple sectors. By translating high-level dialogue into actionable trade relationships, the forum directly supported Tanzania’s industrial development agenda and the wider objectives of the AfCFTA.

The Business Forum was officially graced by the Director of Trade Development, at the ministry of industry and trade, Sempeho Manongi who reaffirmed Tanzania’s commitment to private-sector growth and investment, noting that initiatives such as the Roadshow align closely with the country’s industrialization agenda and continental trade aspirations. He emphasized the government’s continued efforts to create an enabling environment for investment and business growth.

EQUITY BANK COMMEMORATES INTERNATIONAL MSME DAY, ENTERS INTO A STRATEGIC PARTNERSHIP WITH SIDO

Dar es Salaam, Tanzania – June 27, 2026 (NSSF Mafao House, Ilala)

Equity Bank Tanzania has reaffirmed its commitment to empowering Micro, Small, and Medium-sized Enterprises (MSMEs) by entering a strategic partnership with the Small Industries Development Organization (SIDO). The landmark Memorandum of Understanding (MoU) was officially signed during the national commemoration of International MSME Day, held at the NSSF Mafao House in Ilala, Dar es Salaam, where Equity Bank participated as a key partner and organized by SIDO. This collaboration is set to support more than 8,000 entrepreneurs across Tanzania by providing comprehensive access to finance, business development services, financial literacy training, mentorship, and vital market linkage opportunities, underscoring a shared commitment to strengthening the country's entrepreneurial ecosystem.

MSMEs are widely acknowledged as the backbone of the economy, driving job creation, income generation, and community development, making them a cornerstone of inclusive economic progress. The partnership between Equity Bank and SIDO directly aligns with this global recognition, aiming to accelerate the formalization, growth, and sustainability of small businesses while enhancing their competitiveness in both local and international markets.

Speaking during the event, Ms. Theresia Aloyce Mayanie,Head of Retails at Equity Bank Tanzania, emphasized that MSMEs are central to the Bank's Africa Recovery and Resilience agenda, which seeks to empower businesses, create jobs, and improve livelihoods through inclusive financial services. "At Equity Bank, we believe that entrepreneurs are the engine of economic transformation. Every thriving business starts with a dream, and our role is to provide the financial solutions, knowledge, and opportunities that help turn those dreams into successful and sustainable enterprises," said Ms.Theresia. He further noted that the partnership with SIDO reflects the Bank's commitment to walking alongside entrepreneurs at every stage of their business journey, ensuring they have the support needed to navigate challenges and seize growth opportunities.

PRESIDENT SAMIA HONOURS NMB BANK FOR TZS 96.9 BILLION DIVIDEND CONTRIBUTION TO THE GOVERNMENT

 - NMB receives top award after paying TZS 96.9 billion in dividends to the Government -

Dar es Salaam, June 30, 2026 – NMB Bank has been honoured with the Outstanding Dividend Contributor Award after paying TZS 96.9 billion in dividends to the Government of Tanzania, in recognition of its significant contribution to national revenue and support for the country's development agenda.

The award was presented by H.E. Dr. Samia Suluhu Hassan, President of the United Republic of Tanzania, during an official ceremony held at the State House in Dar es Salaam on Tuesday, June 30, 2026.

NMB was represented at the event by Board Chairman CPA David Carol Nchimbi and Chief Executive Officer and Managing Director Ruth Zaipuna, who received the award on behalf of the bank.

The recognition underscores NMB's continued role as one of Tanzania's leading corporate taxpayers and dividend contributors, reflecting its strong financial performance and commitment to creating sustainable value for shareholders while supporting the Government's development priorities.

According to figures announced during the ceremony, the Government had collected TZS 1.32 trillion from various public institutions and entities as of June 29, 2026. Of that amount, TZS 800 billion, equivalent to 60 percent of the total collections, came from dividend payments made by profitable institutions.

The total collections represent an increase of TZS 300 billion, or 30 percent, compared to the TZS 1.02 trillion collected during the same period last year.

RAIS SAMIA AITUNUKU NMB KWA MCHANGO MKUBWA WA GAWIO SERIKALINI

- NMB yatwaa tuzo baada ya kuikabidhi Serikali gawio la Sh96.9 bilioni -

Dar es Salaam, Juni 30, 2026 – Benki ya NMB imetunukiwa Tuzo ya Mchangiaji Bora wa Gawio baada ya kuikabidhi Serikali gawio la Sh96.9 bilioni, ikiwa ni kutambua mchango wake mkubwa katika kuongeza mapato ya Taifa na kusaidia utekelezaji wa miradi ya maendeleo nchini.

Tuzo hiyo ilitolewa na Rais wa Jamhuri ya Muungano wa Tanzania, Mhe. Dkt. Samia Suluhu Hassan, katika hafla rasmi iliyofanyika Ikulu, Dar es Salaam, Jumanne, Juni 30, 2026, iliyowakutanisha viongozi wa taasisi na mashirika ya umma pamoja na yale ambayo Serikali ina umiliki wa hisa.

Benki ya NMB iliwakilishwa katika hafla hiyo na Mwenyekiti wa Bodi ya Wakurugenzi, CPA David Carol Nchimbi, pamoja na Mkurugenzi Mtendaji na Afisa Mtendaji Mkuu, Ruth Zaipuna, waliopokea tuzo hiyo kwa niaba ya benki.

Utambuzi huo unaonyesha nafasi muhimu ambayo NMB inaendelea kuwa nayo katika kuchangia ukuaji wa uchumi wa Taifa kupitia gawio, kodi na michango mingine ya kisheria inayoiwezesha Serikali kugharamia huduma za kijamii na miradi ya maendeleo.

Kwa mujibu wa takwimu zilizotolewa katika hafla hiyo, hadi Juni 29, 2026, Serikali ilikuwa imekusanya jumla ya Sh1.32 trilioni kutoka taasisi na mashirika mbalimbali. Kati ya fedha hizo, Sh800 bilioni, sawa na asilimia 60 ya makusanyo yote, zilitokana na gawio kutoka taasisi zilizopata faida.

Makusanyo hayo yameongezeka kwa Sh300 bilioni, sawa na ongezeko la asilimia 30, ikilinganishwa na Sh1.02 trilionizilizokusanywa kufikia Juni mwaka jana.

PRESIDENT MWINYI INVITES GREATER COLLABORATION BETWEEN BANKS AND GOVERNMENT ON DEVELOPMENT PROJECTS

Absa Bank Tanzania Managing Director, Mr. Obedi Laiser (left), presents a token of appreciation to H.E. Dr. Hussein Ali Mwinyi, President of Zanzibar and Chairman of the Revolutionary Council, in recognition of the strong partnership between the Government of Zanzibar and the financial sector, as well as their shared commitment to Zanzibar’s sustainable development. The presentation took place during a courtesy visit by an Absa delegation to the State House in Zanzibar.

Zanzibar, June 24, 2026: The President of Zanzibar and Chairman of the Revolutionary Council, H.E. Dr. Hussein Ali Mwinyi, has underscored the significant opportunities available for local financial institutions to partner with the Revolutionary Government of Zanzibar in financing and implementing key development projects.

The President made the remarks during a meeting held at the State House in Zanzibar with a delegation from Absa Bank Tanzania, led by its Managing Director, Mr. Obeid Laiser, who paid a courtesy visit to discuss areas of mutual cooperation and development.

During the meeting, President Mwinyi emphasized the Government’s readiness to work closely with local banks that demonstrate a strong commitment to supporting national development initiatives, particularly strategic economic and social projects aimed at improving the livelihoods of Zanzibar’s people.

He commended Absa Bank Tanzania for its willingness to collaborate with the Government and contribute to Zanzibar’s development agenda. The President further noted that the Government has strengthened mechanisms for financing development projects by diversifying funding sources beyond the traditional budget framework, a strategy designed to accelerate project implementation and improve efficiency.

“The Government remains committed to working with financial institutions to facilitate the implementation of major development projects through loans and other financing arrangements,” President Mwinyi said.

Absa Reaffirms Commitment to Zanzibar's Growth

Speaking during the meeting, Absa Bank Tanzania Managing Director Mr. Obeid Laiser expressed appreciation to the Revolutionary Government of Zanzibar for its continued partnership with the Bank. He also congratulated President Mwinyi on his leadership, which has contributed to notable progress in Zanzibar’s economic and social development.

Mr. Laiser reaffirmed Absa Bank Tanzania’s commitment to supporting the Government in delivering development projects that create long-term value for both the people and the economy of Zanzibar.

In a statement released following the meeting, Mr. Laiser highlighted Absa’s role as a trusted financial partner in Zanzibar’s development journey.

“We are honoured to have had the opportunity to meet with His Excellency President Hussein Ali Mwinyi and discuss Zanzibar’s remarkable development journey. As a trusted financial partner, Absa remains committed to supporting the aspirations of the people of Zanzibar through access to finance, investment facilitation, entrepreneurship development, and innovative banking solutions that contribute to sustainable economic growth,” he said.

Absa’s Growing Footprint in Zanzibar

Mr. Laiser noted that Absa Bank Tanzania currently serves more than 11,000 customers in Zanzibar, manages deposits exceeding TZS 136 billion, and has extended more than TZS 64 billion in financing to individuals, small and medium-sized enterprises (SMEs), and corporate clients operating across key sectors of the economy.

These sectors include tourism, hospitality, trade, and commerce, which continue to play a critical role in Zanzibar’s economic growth and job creation.

KCB BANK’S MAPATO SUKUK LISTED ON DSE AFTER ATTRACTING TZS 30.24 BILLION IN INVESTOR DEMAND

Dar es Salaam, Tanzania – June 24, 2026 – KCB Bank Tanzania has achieved another significant milestone in the country’s capital markets following the successful listing of its Mapato Sukuk on the Dar es Salaam Stock Exchange (DSE), after attracting investor demand worth TZS 30.24 billion, more than three times its original fundraising target.

The listing ceremony, held at the DSE headquarters in Dar es Salaam, brought together key stakeholders from Tanzania’s financial sector, including representatives from the Capital Markets and Securities Authority (CMSA), Dar es Salaam Stock Exchange (DSE), investors, and other market participants.

Launched in April 2026 with an initial target of TZS 10 billion, the three-year Mapato Sukuk received investment applications totaling TZS 30.24 billion, representing an impressive 302 percent oversubscription rate. The strong response underscores growing investor confidence in Shariah-compliant investment products and highlights increasing demand for ethical and inclusive financial solutions.

Speaking during the listing ceremony on behalf of KCB Bank Tanzania Managing Director, Amour Muro described the achievement as a reflection of the growing maturity of Tanzania’s capital markets and the rising appetite for innovative investment instruments.

“The success of Mapato Sukuk sends a clear message that investors are increasingly seeking transparent, reliable, and Shariah-compliant investment opportunities. The remarkable response from both local and international investors demonstrates confidence in innovative financial solutions that promote financial inclusion and sustainable growth,” he said.

Building on a Strong Foundation

KCB Bank made history in 2022 when it introduced Fursa Sukuk, becoming the first institution to issue a Shariah-compliant Sukuk in Tanzania and the wider East African region. The success of that pioneering issuance laid the groundwork for continued innovation in Islamic finance and capital market development.

The newly listed Mapato Sukuk offers an expected annual return of 11 percent, with profit distributions paid on a quarterly basis. The investment vehicle has been designed to provide investors with a stable, competitive, and ethical investment opportunity while supporting productive sectors of the economy.

HOW NCBA IS EMPOWERING AMBITIONS FROM JUNIOR GOLF TO EAST AFRICAN CHAMPIONS

As the first tournament of the 2026 NCBA Golf Series tees off on 27 June, it marks more than the beginning of another golfing season. It signals the continuation of a platform that has evolved into one of East Africa's most impactful sporting and business networking initiatives.

For NCBA, golf is more than a sport. It is a platform that brings together ambition, opportunity, relationships, and shared success—values that closely align with the bank's philosophy of "Banking on Belief. Empowering Ambitions."

Over the years, the NCBA Golf Series has grown beyond competition to become a regional platform that connects golfers, business leaders, entrepreneurs, and professionals across East Africa. Through a series of qualifying tournaments held throughout the year, players earn the opportunity to represent their respective countries at the prestigious NCBA Golf Series Grand Finale in Nairobi, where champions from Tanzania, Kenya, Uganda, and Rwanda come together to compete and celebrate excellence.

The regional finale embodies the spirit of Ubuntu—the belief that success is strengthened through connection, collaboration, and shared experiences.

Celebrating Tanzanian Excellence

The 2025 NCBA Golf Series Grand Finale showcased not only exceptional golfing talent but also the power of regional integration through sport. Representing Tanzania were three outstanding golfers whose performances reflected the discipline, resilience, and determination that define the series.

Among them was Nsajigwa Mwansasu, who stood out through his calm demeanour, steady performance, and remarkable consistency throughout the competition.

Asha Rashidi further strengthened her reputation as one of Tanzania's leading female golfers, combining technical excellence with determination and composure under pressure.

Meanwhile, Victoria Taiko impressed with her strategic approach to the game, demonstrating intelligent course management and confidence in high-pressure situations.

STANBIC BANK DONATES TZS 20 MILLION TO SUPPORT REGIONAL MEDICAL AND SURGICAL CAMPS

Stanbic Bank Tanzania Chief Executive Officer, Manzi Rwegasira (right), presents a TZS 20 million sponsorship cheque to the Director General of the East, Central and Southern Africa Health Community (ECSA-HC), Dr. Ntuli Angyelile Kapologwe, in Dar es Salaam. The funding will support the ECSA-HC Medical and Surgical Camps Initiative, which will provide free medical and surgical care to underserved communities in Malawi and Tanzania’s Arusha and Mtwara regions in July 2026.

Dar es Salaam, Tanzania – June 22, 2026 – Stanbic Bank Tanzania has reaffirmed its commitment to improving healthcare access across East and Southern Africa through a TZS 20 million sponsorship to the East, Central and Southern Africa Health Community (ECSA-HC) Medical & Surgical Camps Initiative.

The initiative will provide free surgical and medical services to underserved communities in July 2026 through specialized medical camps scheduled to take place at selected health facilities in Malawi and Tanzania’s Arusha and Mtwara regions.

The sponsorship cheque was presented by Stanbic Bank Tanzania Chief Executive Officer, Manzi Rwegasira, to Dr. Ntuli Angyelile Kapologwe, Director General of ECSA-HC. The funding will support the deployment of specialist medical teams to deliver critical healthcare services to patients who would otherwise have limited access to surgery and quality medical care.

The latest contribution adds to Stanbic Bank Tanzania’s growing investment in community wellbeing. Between 2025 and 2026, the bank has contributed more than TZS 230 million toward healthcare and social impact initiatives, demonstrating its commitment to strengthening access to essential services and improving the quality of life in the communities it serves.

Mr. Rwegasira was joined during the cheque presentation by Fredrick Max, Head of Business & Commercial Banking, and Doreen Dominic, Head of Public Sector (Business & Commercial Banking), highlighting the bank’s broad-based support for the initiative.

The sponsorship comes at a significant milestone for Stanbic Bank Tanzania as it celebrates 30 years of operations in the country. Over the past three decades, the bank has evolved beyond its role as a financial institution to become a strategic partner in Tanzania’s social and economic development. Through this partnership with ECSA-HC, the bank is extending its impact beyond national borders to support regional healthcare advancement.

Speaking during the handover ceremony, Mr. Rwegasira emphasized the importance of partnerships in driving sustainable development.

“As Stanbic Bank, we remain committed to creating meaningful impact in the communities we serve. Partnerships such as this reflect our belief that sustainable development is driven through collaboration, particularly in critical sectors like healthcare,” he said.

NMB YAONGEZA NGUVU CDF CUP 2026 KWA UDHAMINI WA SHILINGI MILIONI 150

Mkuu wa Idara ya Wateja Binafsi wa Benki ya NMB, Aikansia Muro (wa pili kushoto), akikabidhi hundi mfano ya udhamini wa Shilingi milioni 150 kwa Mwenyekiti wa Kamati ya Maandalizi ya CDF Cup 2026, Brigedia Jenerali Saidi Hamis Saidi (katikati), jijini Dar es Salaam. Mashindano hayo yatafanyika Julai 6-17, yakihusisha timu za majeshi mbalimbali zitakazoshindana katika michezo 13.

Dar es Salaam: Benki ya NMB imetangaza udhamini wa Shilingi milioni 150 kwa ajili ya kufanikisha msimu wa nane wa Mashindano ya Kombe la Mkuu wa Majeshi (CDF Cup) 2026, yatakayofanyika jijini Dar es Salaam kuanzia Julai 6 hadi 17 mwaka huu.

Udhamini huo unaendeleza ushirikiano wa muda mrefu kati ya NMB na Jeshi la Ulinzi la Wananchi wa Tanzania (JWTZ) katika kuendeleza michezo, kuimarisha afya za washiriki na kukuza mshikamano miongoni mwa wanajeshi.

Mashindano ya mwaka huu yatahusisha michezo 13 mbalimbali, yakishirikisha timu kutoka Kamandi ya Makao Makuu ya JWTZ, Kamandi ya Jeshi la Nchi Kavu, Kamandi ya Jeshi la Anga, Kamandi ya Jeshi la Wanamaji, Kamandi ya Jeshi la Akiba pamoja na Kamandi ya Jeshi la Kujenga Taifa.

Akizungumza kuhusu udhamini huo, Mkuu wa Idara ya Wateja Binafsi wa Benki ya NMB, Aikansia Muro, alisema benki hiyo inaamini michezo ni nyenzo muhimu ya kujenga afya bora, nidhamu, ushirikiano na umoja katika jamii.

Alisema kupitia udhamini huo, NMB inalenga kuendelea kuunga mkono juhudi za JWTZ za kukuza vipaji vya michezo, kuimarisha ushindani wa kirafiki na kujenga mshikamano miongoni mwa washiriki kutoka vikosi mbalimbali vya jeshi.

“Mashindano haya yanatoa fursa muhimu ya kuimarisha afya ya mwili na akili, kukuza vipaji vya wanamichezo pamoja na kujenga mahusiano mazuri kati ya washiriki kutoka kamandi tofauti,” alisema Muro.

 

Mashindano hayo yanatarajiwa kufunguliwa rasmi Julai 6 katika Uwanja wa Azam Complex, Chamazi, na kushirikisha mamia ya wanamichezo wa JWTZ kutoka maeneo mbalimbali nchini.

YAS FIBER TO INVEST TZS 300 BILLION IN ZANZIBAR'S DIGITAL FUTURE THROUGH LANDMARK PARTNERSHIP WITH ZICTIA

Zanzibar, June 22, 2026 – Yas Fiber Tanzania will invest approximately TZS 300 billion over the next 20 years to help accelerate Zanzibar's digital transformation, expand access to high-speed broadband services and support long-term economic growth through a landmark Public-Private Partnership (PPP) agreement signed with the Zanzibar Communication Corporation & Ministry of Labour and Investment.

The initiative is expected to make high-speed fiber connectivity available to approximately 100,000 households across Unguja and Pemba within the first three years, significantly expanding digital access and strengthening the foundation for Zanzibar's transition into a modern, knowledge-based and digitally enabled economy.

The agreement marks a major milestone in efforts to strengthen digital infrastructure across the islands and improve access to reliable, affordable, high-speed internet services for households, businesses, educational institutions, healthcare facilities and government offices. It also supports Zanzibar's ambition to strengthen its position as a regional hub for innovation, investment and digital services.

Implemented under a Public-Private Partnership framework, the project combines the Revolutionary Government of Zanzibar's vision of building a digitally connected economy with Yas Fiber's expertise in designing, financing, deploying, operating and commercializing Fiber-to-the-Home (FTTH) networks.

Speaking during the signing ceremony, Hon. Mudrick Ramadhan Soraga, Minister for Communications, Information Technology and Innovation, said the partnership demonstrates Zanzibar's commitment to leveraging digital infrastructure as a catalyst for economic growth, innovation and improved public service delivery.

"This partnership reflects the Government's commitment to accelerating digital transformation and ensuring that citizens, businesses and institutions have access to the infrastructure required to thrive in today's digital economy. High-speed broadband connectivity is a critical enabler of innovation, investment and inclusive growth, and this collaboration will help position Zanzibar as a leading digital economy in the region," said Hon. Soraga.

Also speaking during the event, Director General of ZICTIA, Eng. Shukuru Awadh Suleiman, said the agreement represents an important step towards strengthening the islands' digital infrastructure and expanding access to quality broadband services.

"This partnership will significantly accelerate the expansion of fiber connectivity across Zanzibar and bring quality broadband services closer to our people. It is a practical step towards building the digital infrastructure needed to support Zanzibar's future development," said Eng. Suleiman.

DCB YAZINDUA KAMPENI YA "TUMA BURE, SHINDA KILA WIKI" KUVUTIA WATEJA WA HUDUMA ZA KIDIJITALI

DAR ES SALAAM: Benki ya DCB imezindua kampeni maalum ya miezi sita ijulikanayo kama "Tuma Bure, Shinda Kila Wiki", inayolenga kuhamasisha matumizi ya huduma za kidijitali na kuongeza ujumuishaji wa huduma za kifedha nchini kwa kuwapatia wateja nafasi ya kushinda zawadi mbalimbali huku wakifanya miamala bila kutozwa gharama.

Akizungumza wakati wa uzinduzi wa kampeni hiyo jijini Dar es Salaam, Mkurugenzi Mtendaji wa Benki ya DCB, Sabasaba Moshingi, amesema benki hiyo imefanya maboresho makubwa ya huduma zake za kidijitali baada ya kubaini kuwa wateja wengi wanahitaji huduma za haraka, salama, nafuu na zinazopatikana muda wote. Amesema kupitia mfumo mpya wa DCB Pesa App, wateja wanaweza kufungua akaunti popote walipo nchini na kufanya miamala mbalimbali bila makato.

Moshingi amesema kampeni hiyo pia inalenga kuunga mkono juhudi za Serikali za kuongeza ushiriki wa wananchi katika huduma rasmi za kifedha, huku akiwahimiza Watanzania kutumia huduma za benki ili kukuza biashara zao na kufikia malengo ya kiuchumi kwa urahisi zaidi.

Kwa upande wake, Mkuu wa Idara ya Masoko wa DCB, Geofrey Magugi, amesema mteja anayefungua akaunti kupitia DCB Pesa App na kufanya angalau muamala mmoja ataingia kwenye droo ya kila wiki yenye zawadi ya Shilingi 100,000 kwa washindi 10,amesema wateja watakaofanya miamala zaidi ya mitatu kwa mwezi watapata nafasi ya kushinda zawadi kubwa zaidi ikiwemo Shilingi milioni moja kila mwezi.

Naye Mkurugenzi wa Biashara wa DCB, Ramadhani Mganga, amesema kampeni hiyo itadumu hadi Desemba mwaka huu na inalenga kuwazawadia wateja wanaotumia huduma za benki kwa njia za kidijitali, amesema DCB imeendelea kuwa miongoni mwa taasisi za fedha zinazoweka kipaumbele katika ubunifu wa huduma nafuu, huku ikitoa fursa kwa Watanzania kufungua akaunti na kufanya miamala kutoka mahali popote nchini bila kulazimika kutembelea matawi ya benki.

Mganga amesema pamoja na faida ya kutuma fedha bila makato, wateja watakaoshiriki kampeni hiyo watakuwa na nafasi ya kushinda zawadi za kila wiki, kila mwezi na zawadi kubwa itakayotolewa mwishoni mwa kampeni mwezi Desemba, akiwataka Watanzania kuchangamkia fursa hiyo kwa kufungua akaunti za DCB na kutumia huduma zake za kidijitali.

ABSA AND TPSF EMPOWER WOMEN ENTREPRENEURS VIA FINANCIAL LITERACY & INVESTMENT MANAGEMENT SEMINAR

Dar es Salaam, 19 June 2026 – Absa Bank Tanzania, in collaboration with the Tanzania Private Sector Foundation (TPSF), has reaffirmed its commitment to empowering women entrepreneurs by hosting a comprehensive seminar focused on financial literacy, investment management, and business growth.

The seminar, held in Dar es Salaam, brought together women entrepreneurs from micro, small, and medium enterprises (MSMEs) to enhance their financial knowledge and equip them with practical skills to strengthen their businesses and improve long-term financial sustainability.

Speaking during the event, Absa Bank Tanzania Project Portfolio Manager, Ms. Munira Chambuso, pictured below, emphasized the importance of financial literacy in helping women entrepreneurs make informed business decisions, manage resources effectively, and unlock opportunities for growth through strategic investments.

The seminar also provided participants with a platform to engage directly with financial experts and industry stakeholders. Absa Bank Tanzania Citizenship and Events Manager, Ms. Abigail Lukuvi, pictured below, interacted with participants throughout the session, highlighting the bank’s ongoing efforts to support women-led enterprises through capacity-building initiatives and access to financial solutions.

Addressing the gathering, TPSF Director of Outreach and Membership Services, Ms. Kinanasy Seif, pictured below, underscored the critical role women entrepreneurs play in Tanzania’s economic development. She encouraged participants to leverage the knowledge gained from the seminar to strengthen their businesses and contribute more effectively to national economic growth.

The event further featured presentations from financial and business experts, including Absa Bank Tanzania Products and Channel Manager, Ms. Devroda Kagusa, pictured below, who shared insights on available banking products and digital financial solutions designed to support entrepreneurs in managing and expanding their businesses.

In addition to financial literacy and investment management, participants received valuable guidance on tax compliance and regulatory obligations. Tanzania Revenue Authority (TRA) Taxpayer Education and Communications Officer, Mr. Zephania Mange, pictured below, provided education on taxpayer responsibilities, emphasizing the importance of compliance in building sustainable and successful enterprises.

TCB SELOUS MARATHON YA MSIMU WA 7 YAVUNJA REKODI, YACHOCHEA AFYA, UTALII NA UCHUMI MOROGORO

Morogoro: Msimu wa saba wa TCB Selous Marathon umeweka rekodi mpya baada ya kuvutia zaidi ya washiriki 10,000, jambo lililoifanya kuwa mojawapo ya matukio makubwa zaidi ya michezo mkoani Morogoro.

Akizungumza kuhusu mafanikio hayo, Naibu Waziri wa Habari, Utamaduni, Sanaa na Michezo, Hamis Mwinjuma, amesema tukio hilo linaunga mkono juhudi za Serikali za kuhamasisha mazoezi, kuimarisha afya za wananchi na kuleta mshikamano wa kijamii.

Amesema marathon hiyo imeendelea kukua kila mwaka na kutoa fursa kwa makundi yote ya jamii, ikiwemo watu wenye ulemavu, kushiriki katika shughuli za michezo na kujenga umoja wa Watanzania.

Kwa upande wake, Mkurugenzi Mtendaji wa TCB, Adam Mihayo, amesema udhamini wa benki hiyo katika marathon hiyo unalenga kukuza afya, utalii, utunzaji wa mazingira na fursa za kiuchumi,amesema kupitia tukio hilo, TCB inalenga kutangaza Hifadhi ya Selous, kuunga mkono juhudi za upandaji miti ambapo miti 2,000 tayari imepandwa na mingine 8,000 itapandwa, sambamba na kuhamasisha matumizi ya mifumo ya malipo ya kidijitali.

Mihayo ameongeza kuwa zaidi ya washiriki 10,000 waliojitokeza wamechochea shughuli za kiuchumi mkoani Morogoro, huku sekta za hoteli, usafiri, biashara ndogo ndogo na huduma mbalimbali zikiongeza mapato kutokana na ongezeko la wageni,aidha, amesema marathon hiyo imesaidia kutangaza mradi wa reli ya kisasa ya SGR na vivutio vya utalii vya Tanzania kwa wageni kutoka ndani na nje ya nchi.

NMB YAONGEZA KASI YA KUFADHILI BIASHARA ZA MIFUGO, MIKOPO YAVUKA SH180 BILIONI

Waziri Mkuu, Dk. Mwigulu Nchemba, akisikiliza maelezo kutoka kwa Afisa Mkuu wa Wateja Binafsi na Biashara wa NMB, Filbert Mponzi, kuhusu mikopo, elimu ya fedha na huduma za kibenki kwa wafugaji alipotembelea banda la NMB katika Tri-Nations Livestock Expo 2026, Mbogo Ranches, Ubena Zomozi wilayani Chalinze, mkoani Pwani.

Ubena Zomozi, Chalinze; Juni 20, 2026 – Benki ya NMB imeendelea kuonesha dhamira yake ya kuendeleza sekta ya mifugo nchini baada ya kutoa zaidi ya Sh180 bilioni kwa ajili ya kufadhili wafugaji na biashara mbalimbali katika mnyororo wa thamani wa mifugo.

Fedha hizo zimeelekezwa katika shughuli mbalimbali muhimu zikiwemo unenepeshaji wa mifugo, uzalishaji wa malisho, ununuzi wa mbegu bora za mifugo pamoja na ujenzi wa miundombinu ya kisasa inayolenga kuongeza tija na ushindani katika sekta hiyo.

Akizungumza wakati wa ufunguzi wa maonesho ya Tri-Nations Livestock Expo 2026, yaliyofanyika katika viwanja vya Mbogo Ranches, Ubena Zomozi, Chalinze, Afisa Mkuu wa Wateja Binafsi na Biashara wa NMB Bank, Filbert Mponzi, alisema benki hiyo imeweka mkakati maalumu wa kuimarisha uwekezaji katika sekta ya mifugo kupitia huduma za kifedha zinazokidhi mahitaji ya wadau wa sekta hiyo.

Maonesho hayo yalifunguliwa rasmi na Waziri Mkuu wa Jamhuri ya Muungano wa Tanzania, Dk. Mwigulu Nchemba, huku NMB ikiwa mdhamini mkuu wa tukio hilo kwa mwaka wa nne mfululizo.

Mponzi alisema NMB imeendelea kutoa mikopo kwa riba nafuu ya asilimia tisa, hatua inayolenga kuwapa wafugaji na wafanyabiashara wa mifugo fursa ya kupanua shughuli zao kwa gharama nafuu.

Alifafanua kuwa kupitia mikakati ya Agribusiness na Agri-Wholesale, benki hiyo inafadhili wafugaji, wazalishaji wa malisho, wanunuzi wa mifugo, wasindikaji wa mazao ya mifugo pamoja na biashara kubwa zinazohusiana na sekta hiyo.

“Tunatambua mchango mkubwa wa sekta ya mifugo katika uchumi wa taifa na maisha ya wananchi. Ndiyo maana tunaendelea kubuni suluhisho za kifedha zinazowawezesha wadau wa sekta hii kuongeza uzalishaji na thamani ya biashara zao,” alisema Mponzi.

Kwa upande wake, Waziri Mkuu Dk. Nchemba aliwahimiza wafugaji kutumia elimu, ubunifu na teknolojia zinazopatikana kupitia maonesho hayo ili kukabiliana na changamoto mbalimbali zinazoikabili sekta hiyo, hususan uhaba wa malisho na athari za mabadiliko ya tabianchi.

NMB LIVESTOCK FINANCING TOPS SH180 BILLION AS BANK STRENGTHENS SUPPORT FOR TANZANIA’S LIVESTOCK SECTOR

Prime Minister Dr Mwigulu Nchemba listens to NMB Chief of Retail Banking Filbert Mponzi as he explains the bank’s financing, financial literacy and banking services for livestock keepers during a visit to the NMB pavilion at the Tri-Nations Livestock Expo 2026, held at Mbogo Ranches in Ubena Zomozi, Chalinze District, Coast Region.

Chalinze, Tanzania; June 20, 2026 – NMB Bank Plc has extended more than Sh180 billion in financing to livestock keepers and businesses across Tanzania’s livestock value chain, reinforcing its commitment to transforming the sector into a commercially viable driver of economic growth, employment and food security.

The milestone was announced by NMB Chief of Retail Banking, Filbert Mponzi, during the opening of the Tri-Nations Livestock Expo 2026 held at Mbogo Ranches in Ubena Zomozi, Chalinze District, Coast Region. NMB is sponsoring the exhibition for the fourth consecutive year.

The annual expo brings together livestock keepers, investors, buyers, financial institutions and other stakeholders from Tanzania, Kenya and Namibia, creating a platform for knowledge sharing, business networking and investment opportunities within the livestock industry. The event was officially opened by Prime Minister Dr. Mwigulu Nchemba.

Speaking at the event, Mr. Mponzi said NMB’s livestock financing strategy targets both individual livestock keepers and enterprises operating throughout the value chain, including feed production, livestock fattening, improved breeds, processing and market development.

“NMB was the first bank in Tanzania to introduce specialised livestock loans at an affordable interest rate of nine per cent. By June 2026, we had extended more than Sh180 billion for livestock fattening, feed production, improved breeds and modern livestock infrastructure,” said Mr. Mponzi.

He explained that the bank’s agribusiness and agri-wholesale financing model is designed to support the entire livestock ecosystem, covering livestock keepers, feed producers, traders, processors and large-scale enterprises serving the sector.

Addressing participants during the exhibition, Prime Minister Dr. Nchemba identified livestock-feed shortages as one of the key challenges facing the industry and reaffirmed the government’s commitment to working with the private sector and other stakeholders to find sustainable solutions.

“The shortage of livestock feed is evident, and that is why the government is committed to working with different stakeholders to address the challenge,” said Dr. Nchemba.

The Prime Minister also urged livestock keepers to leverage the knowledge, technology and best practices showcased at the exhibition to improve productivity and manage livestock farming as a sustainable commercial enterprise.