WAZIRI MAHIGA AFANYA MAZUNGUMZO NA WAZIRI WA ULINZI WA ISRAEL

Waziri wa Mambo ya Nje na Ushirikiano wa Afrika Mashariki, Dkt. Augustine Mahiga akipeana mkono na Waziri wa Ulinzi wa Israel, Mhe. Avigdor Liberman walipokutana jijini Tel Aviv Jumatano asubuhi kwa ajili ya kufanya mazungumzo.

Waziri wa Mambo ya Nje na Ushirikiano wa Afrika Mashariki, Dkt. Augustine Mahiga na ujumbe wake (kulia) na Waziri wa Ulinzi wa Israel, Mhe. Avigdor Liberman na ujumbe wake wakiwa katika mazungumzo ambapo walijadili masuala mbalimbali ikiwemo kushirikiana katika masuala ya ulinzi na usalama.

Waziri wa Mambo ya Nje na Ushirikiano wa Afrika Mashariki, Dkt. Augustine Mahiga wa kwanza kulia na akifuatiwa na Balozi wa Tanzania nchini Israel, Mhe. Job Masima na Afisa Dawati wa Israel, Bi Kisa Mwaseba wakiwa katika mazungumzo na ujumbe wa Israel.

Waziri wa Ulinzi wa Israel, Mhe. Avigdor Liberman wa kwanza kulia akisisitiza jambo kwenye mazungumzo hayo.

BOFYA HAPA KWA PICHA ZAIDI

BENKI YA EXIM YA INDIA YAIPATIA SERIKALI YA TANZANIA MKOPO WA MASHARTI NAFUU KUSAIDIA UTEKELEZAJI WA MIRADI YA MAJI KATIKA MIJI 23 YA TANZANIA

Naibu Katibu Mkuu wa Wizara ya Fedha na Mipango, Bi Amina Kh. Shaaban kwa pamoja na Mkurugenzi Mkuu wa Benki ya Exim ya India, Bw. David Resquinha wakisaini kwa niaba ya Serikali zao Mkataba wa Mkopo wenye masharti nafuu wa Dola za Marekani milioni 500 kwa ajili ya utekelezaji wa miradi ya maji katika miji 23 ya Tanzania.

Bi. Shaaban na Bw. Resquinha wakibadilishana mkataba huo mara baada ya kusaini. 

Picha ya pamoja.

Serikali ya India kupitia Benki ya Exim imeipatia Serikali ya Tanzania mkopo wenye masharti nafuu wa dola za Marekani milioni 500, sawa na shilingi Trilioni 1.14 za Tanzania, kwa ajili ya utekelezaji wa miradi ya maji katika miji 23 ya Tanzania.

Hafla ya uwekaji saini wa mkataba huo imefanyika jana tarehe 10 Mei, 2018 mjini New Delhi, India ambapo Bi. Amina Kh. Shaaban, Naibu Katibu Mkuu, Wizara ya Fedha na Mipango na Bw. David Resquinha, Mkurugenzi Mkuu wa Benki ya Exim walisaini kwa niaba ya Serikali zao..

Miji itakayonufaika na Fedha za mkopo huu ni Muheza, Makambako, Kayanga, Njombe, Manyoni, Songea, Sikonge, Chunya, Kasulu, Kilwa Masoko, Rujewa, Mugumu, Geita, Makonde, Wangingómbe, Handeni , Singida mjini, Kiomboi, Mpanda, Chemba, Mafinga, Urambo-Kaliua pamoja na miji ya Zanzibar.

WAZIRI MAHIGA AKUTANA NA WAZIRI MKUU WA ISRAEL

Waziri Mkuu wa Israel, Mhe. Benjamin Netanyahu (kulia) akimkaribisha ofisini kwake Waziri wa Mambo ya Nje na Ushirikiano wa Afrika Mashariki, Mhe. Dkt. Augustine Mahiga kwa ajili ya kufanya mazungumzo jijini Jerusalem, Israel jana. Wawili hao walikubaliana kuimarisha ushirikiano katika sekta mbalimbali ikiwemo kilimo, elimu, afya, utalii na uwekezaji.

Waziri Mkuu wa Israel, Mhe. Benjamin Netanyahu akiwa tayari kuanza mazungumzo na Waziri wa Mambo ya Nje na Ushirikiano wa Afrika Mashariki, Mhe. Dkt. Augustine Mahiga. 

Ujumbe wa Tanzania ukiongozwa na Waziri wa Mambo ya Nje na Ushirikiano wa Afrika Mashariki, Mhe. Dkt. Augustine Mahiga ukiwa katika mazungumzo rasmi na Mhe. Netanyahu.

BOFYA HAPA KWA PICHA ZAIDI

SWAHILI FIRST AFRICAN LANGUAGE TO GET TWITTER RECOGNITION

Twitter users around the world will soon be able to read tweets posted in Swahili, the most spoken language in East and some parts of central Africa.

This is after the social media platform recognised the language and enabled its translation.

It comes after blitz campaigns on the social networking site, led by Kenyans, using hashtags #SwahiliIsNotIndonesian and #TwitterRecognizeSwahili.

Previously tweets in Swahili were recognised as Indonesian and translated into unintelligible language.

Swahili now becomes the first African language to get Twitter recognition.

Twitter only supports 34 languages, none of which has been African.

TANZANIA TOURIST ATTRACTIONS HIGHLIGHTED AT MAJOR STAKEHOLDERS' SHOW

South Africa Minister for Tourism, Mr Derek Hanekom, has invited tourists across the world to visit Ngorongoro Crater and Serengeti National Park. He has emphasized that out there, tourists can witness largest concentrations of wild animals and the most spectacular migration of animals on the planet.

The minister was addressing hundreds of thousands of tourism stakeholders who are attending the ongoing 2018 Africa’s Travel Indaba trade show in Durban, South Africa. He said: “In Tanzania, the Ngorongoro Crater Nature Reserve has the largest concentration of wild animals in the world.

In the Serengeti, tourists can witness the most spectacular migration of animals on the planet.” Mr Hanekom also cited several tourist attractions in various African countries. He told the audience that in Africa, people were most welcoming to visitors, applying their own unique flair and way of hosting guests professionally. “

We know how to host them professionally in our own way. We can guarantee a life-changing experience. Story telling is part of who we are,” he said. He said Africa had unique attractions to share and stories to tell, stories of common origins and of early African civilisation.

TANZANIA'S ISRAEL MISSION TO REINFORCE BOND

Tanzania and Israel have received yet another boost in their diplomatic ties after the former opened an embassy in Ramat Gan on Tuesday, becoming the 15th African state to open an embassy in Israel.

It is also the fourth to open a new embassy which is located along 12 Abba Hillel Silver Street in Ramat Gan, near Tel Aviv over the last three years.

The Minister for Foreign Affairs and East African Cooperation, Dr Augustine Mahiga, who is on his official first high level visit to Israel, graced the official launching of the embassy.

The opening of the embassy comes just two months after President John Magufuli met and held talks with Israel Defence Minister, Avigdor Lieberman, at State House in Dar es Salaam.

On that occasion, the Tanzanian Head of State requested the guest to convey his message to Israeli Prime Minister Benjamin Netanyahu, to visit Tanzania and establish an embassy in the country, so that travellers could stop relying on an office in Nairobi, Kenya.

PREMIER - RELEASE EDIBLE OIL AND SUGAR WITHIN THREE DAYS, OTHERWISE...

Dodoma - Prime Minister Kassim Majaliwa on Wednesday issued a three day ultimatum to industrialists and traders to release all edible oil and sugar stocks in their warehouses, blaming some unscrupulous manufacturers and dealers for hording the commodities in order to hike prices.

The premier explained here on Wednesday evening that after expiry of the ultimatum, the government would conduct inspections at all warehouses and factories to pin down traders who have been hoarding the vital consumables.

We cannot let this matter fizzle out easily, this is a deliberate plan to subject Tanzanians to suffering,” Mr Majaliwa stated in the august House when responding to queries raised by parliamentarians over shortage of the two commodities.

The PM explained further that the government had established that there were adequate stocks of edible oil and sugar locally but some factory owners and dealers were hording the products to hike their prices in the local market.

Over the past few days, lawmakers here from across the political divide have been tasking the government to explain the scarcity of the commodities which culminated in price increases countrywide.

PRUDENTIAL CAPITAL MARKET UPDATE AS AT 11 MAY 2018

INVESTORS START WEEK STRONGLY

Dar es Salaam. Local investors’ participation in the Dar es Salaam Stock Exchange (DSE) opened this week on a high note for both selling and buying sides.

A DSE market report has shown that a turnover of Sh691 million was recorded during the opening day of the week, of which 86 percent of the value of buying side injected by local investors.

Local investors also dominated the selling side as the report shows that they recorded 86 per cent of turnover generated.

Foreign investors’ participation during the opening day of the week was less as they bought and sold only 13 percent of the daily value.

MASHINDANO YA HISANI YA MBIO ZA MBUZI KUENDELEA MWAKA HUU

Rais wa Klabu ya Rotary Dar es Salaam, Oysterbay, Anne Saels (kushoto) akizungumza na waandishi wa habari (hawapo pichani) leo jijini Dar es Salaam wakati wa hafla ya kutangaza nia ya klabu hiyo kuendeleza mashindano hayo kwa mwaka 2018. Chini ya chapa mpya ya ‘The Rotary Goat Races’, mashindano hayo kwa mwaka huu yatafanyika tarehe 23 Juni katika eneo la ‘The Green’ Oysterbay jijini Dar es Salaam. Anayeshuhudia (kulia) ni Mwenyekiti wa Bodi ya mashindano ya mbio za mbuzi za Rotary, Amish Shah.

Mwenyekiti wa Bodi ya mashindano ya mbio za mbuzi za Rotary, Amish Shah (katikati) akizungumza na waandishi wa habari (hawapo pichani) leo jijini Dar es Salaam wakati wa hafla ya kutangaza nia ya klabu hiyo kuendeleza mashindano hayo kwa mwaka 2018. Chini ya chapa mpya ya ‘The Rotary Goat Races’ mashindano hayo kwa mwaka huu yatafanyika tarehe 23 Juni katika eneo la ‘The Green’ Oysterbay jijini Dar es Salaam. Pamoja nae  kulia ni Rais wa Klabu ya Rotary Dar es Salaam, Oysterbay, Anne Saels na Mkuu wa kamati ya maandalizi, Mathew Hellela (kulia).

Mwenyekiti wa Bodi ya mashindano ya mbio za mbuzi za Rotary, Amish Shah akizungumza na waandishi wa habari leo jijini Dar es Salaam wakati wa hafla ya kutangaza dhumuni la klabu hiyo kuendeleza mashindano hayo kwa mwaka 2018. Chini ya chapa mpya ya ‘The Rotary Goat Races’ mashindano hayo kwa mwaka huu yatafanyika tarehe 23 Juni katika eneo la ‘The Green’ Oysterbay jijini Dar es Salaam. Kulia Mkuu wa kamati ya maandalizi, Mathew Hellela.

Mkuu wa kamati ya maandalizi, Mathew Hellela akizungumza jambo kwa waandishi wa habari (hawapo pichani) wakati wa hafla ya kutangazwa kurudi kwa mashindano ya mbio za Mbuzi leo jijini Dar es salaam. Pamoja nae, kulia ni Mwenyekiti wa Bodi ya mashindano ya mbio za mbuzi za Rotary, Amish na Rais wa Klabu ya Rotary Dar es Salaam, Oysterbay, Anne Saels.

Mwenyekiti wa Bodi ya mashindano ya mbio za mbuzi za Rotary, Amish akifurahia jambo na Rais wa Klabu ya Rotary Dar es Salaam, Oysterbay, Anne Saels.

Dar es Salaam, 09 Mei 2018. Mashindano maarufu ya hisani ya mbio za mbuzi jijini Dar es salaam yanatarajiwa kuendelea mwaka huu. Baada ya tangazo la mwaka jana la kamati iliyokuwa ikiandaa mashindano hayo kuamua kusitisha michuano hiyo maarufu ya hisani, Klabu ya Rotary ya Dar es Salaam, Oysterbay imeamua kuendelea na uandaaji wa mashindano hayo kuanzia sasa. Waandaji hao wapya wataendelea na utaratibu uleule wa mashindano, huku wakitarajia kuwavutia mashabiki wengi  wapya pamoja na wale mashabiki wa siku zote wa mbio hizo.

Katika kipindi cha miaka 17 iliyopita, ‘Dar es salaam Charity Goat Races’ ilikuwa ni moja ya tukio kuu katika kalenda ya matukio ya kila mwaka na moja ya matukio makuu ya hisani hapa jijini. Uamuzi wa kamati ya watangulizi ya uandaaji wa mashindano hayo ya kutoendelea nayo uliwafanya mashabiki wengi kuvunjika moyo. Baada ya majadiliano ya kina na watangulizi hao, Klabu ya Rotary ya Dar es salaam, Oysterbay iliamua kuendelea na mashindano hayo. Kupitia chapa yake mpya ya “The Rotary Goat Races,” mashindano ya mwaka huu yatafanyika Juni 23, eneo la ‘The Green’ Oysterbay jijini Dar es Salaam, yakitegemea kutumia rasilimali za mwanzo zilizotumiwa katika michuano iliyopita. Tukio hilo litakuwa ni la kiburudani na kifamilia na mapato yake yataelekezwa kwenye miradi ya hisani.

THE DAR ES SALAAM CHARITY GOAT RACES WILL CONTINUE IN 2018

The President of Rotary Club Dar es Salaam Oysterbay, Anne Saels (left) speaks to reporters during a media briefing in Dar es Salaam to announce the club’s intention to continue with the organization of the Goat Races in 2018. Under the new brand “The Rotary Goat Races” this year’s event will take place on June 23rd at The Green in Oysterbay. Looking on the right is the Rotary Goat Races Board Chairman, Amish Shah.

The Rotary Goat Races Board Chairman, Amish Shah speaks to reporters during a media briefing in Dar es Salaam today to announce the club’s intention to continue with the organization of the Goat Races in 2018. Under the new brand “The Rotary Goat Races” this year’s event will take place on June 23rd at The Green in Oysterbay. Right is the head of Goat Races organizing committee, Mathew Hellela.

Head of Goat Races organizing committee, Mathew Hellela (centre) illustrates to reporters (not in the picture) the club’s Motto for this year’s Goat Races event which goes by ‘Wakanda Goat Are You’, remembering the year’s most successful movie ‘Black Panther’ during a media briefing in Dar es Salaam today to announce the club’s intention to continue with the organization of the Goat Races in 2018. Under the new brand “The Rotary Goat Races” this year’s event will take place on June 23rd at The Green in Oysterbay. He is flanked by the Rotary Goat Races Board Chairman, Amish Shah (right) and the President of Rotary Club Dar es Salaam Oysterbay, Anne Saels (left).

The Rotary Goat Races Board Chairman, Amish Shah (left) shares a light moment with The President of Rotary Club Dar es Salaam Oysterbay, Anne Saels in Dar es salaam today during a media briefing to announce the club’s intention to continue with the organization of the Goat Races in 2018. Under the new brand “The Rotary Goat Races” this year’s event will take place on June 23rd at The Green in Oysterbay. 

Dar es Salaam, 09th April 2018. The popular Charity Goat Races in Dar es Salaam will continue. After last year’s announcement by the former organizing committee to discontinue the popular charity and family event the Rotary Club of Dar es Salaam Oysterbay decided to carry on with the organization of the races in future. The new organizers will keep the structure of the event but hope to attract new fans in addition to existing goat race enthusiasts.

In the past 17 years, the Dar es Salaam Charity Goat Races were a staple in the annual event-calendar and one of the premier charity events in the city. The decision by the former organizing committee not to continue with the organization of the event left many fans disappointed. After intensive discussions with the predecessors, the Rotary Club of Dar es Salaam (DSM) Oysterbay decided to carry on with the races. Under the new brand “The Rotary Goat Races” this year’s event will take place on June 23^rd at the Green in Oysterbay banking on the previous assets of the races: a fun family event with proceeds going to charitable projects.

TANZANIA BREWERIES WINS 2017 MANUFACTURER OF THE YEAR AWARD

Tanzania Breweries Limited (TBL) Group Managing Director, Roberto Jarrin (fourth left) and staff display their awards as they celebrate after they were named the overall winner of the 2017 President’s Manufacturer of the Year Awards at a prizegiving ceremony held in Dar es Salaam over the weekend.

Tanzania Breweries Limited (TBL) has emerged the overall winner of the 2017 President’s Manufacturer of the Year Award (PMAYA) making it the third year in a row that the brewing company wins the prestigious award.

In addition to scooping the Manufacturer of the Year title, TBL Group bagged another trophy - The Beverage Manufacturer Award in the Large Industries Category.

Speaking at the awards presentation ceremony over the weekend, TBL Group Managing Director and AB InBev’s East Africa Business Unit President, Roberto Jarrin said, the company had continuously proven that world-class manufacturing processes were possible in Tanzania.

“That is why our Mbeya, Mwanza and Dar es Salaam breweries consistently rank among the best in Africa and the world.

TANZANIA REVENUE AUTHORITY EYES 15 MILLION NEW TAXPAYERS

Revenue collection in the country is expected to increase drastically under the Tanzania Revenue Authority’s (TRA) envisaged special tax scheme to accommodate over 15 million petty traders.

TRA’s Deputy Commissioner for Domestic Revenue Michael Mhoja told the ‘Daily News’ in an interview here that arrangements for the ambitious scheme have already been launched.

To start with, TRA has embarked on a special mission to identify all petty traders operating in the country and issue them with special Identity Cards for easy management, he said.

Mr Mhoja said the tax collection agency has set a target of registering five million petty traders annually to meet the 15 million target in three years as part of the government strategy to increase revenues through widened tax base.

ASAS DAIRIES PLANS TO INTRODUCE LONG-LIFE MILK

Dar es Salaam. Asas Dairies Limited is planning to introduce long-lasting milk in a move to sustain its market and help consumers use the products in small quantities.

The milk can last for six months without going sour, according to Asas business development manager, Mr Hassan Swedi.

Currently, its milk can only last for a week while yoghurt stays for 45 days. He was speaking with The Citizen at the Scaling Up Nutrition (SUN) business network meeting with the theme “mobilizing private sector to make a greater contribution towards nutrition goals.”

“We have been forced to venture into long life milk and other products because the biggest challenge here is that people do not have the culture of drinking milk,” he said.

GOVERNMENT MOVES TO MERGE TPB BANK & TWIGA BANCORP

Treasury Registrar, Oswald Mashindano.

Dar es Salaam. The government is in the process of merging TPB Bank, formerly called Tanzania Postal Bank with Twiga Bancorp Limited, which has been under the control of the Bank of Tanzania (BoT) since 2016.

Treasury Registrar, Oswald Mashindano confirmed to The Citizen that the ailing Twiga Bancorp will merge with TPB Bank, which is among the best performing medium-sized banks in terms of profits in the country.

He was, however, non-committal about when the merger would be completed, and referred The Citizen to his personal assistant, Mr Salmin Kaniki.

Mr Kaniki said BoT and the Treasury were working on the finer details of the planned merger.

“I think you are aware that Twiga Bancorp is still under the supervision of the Bank of Tanzania. What is currently being done is aimed at ensuring the bank’s smooth transition from receivership to the merger with TPB Bank. I can confirm that good progress has so far been made.”

ETIHAD AIRWAYS HIGHLIGHTS COMMITMENT TO MOROCCAN MARKET WITH DREAMLINER SERVICE TO CASABLANCA

Etihad Airways' new Boeing 787 Dreamliner flight to Casablanca is greeted with a customary water cannon salute on arrival at Mohammed V International Airport.

   (From left to right, flanked by Etihad Airways Cabin Crew)  Marwan Bin Hachem, Manager Government & International Affairs, Etihad Airways; Ali Al Shamsi, Vice President Global Airports, Etihad Airways; Khaled Almehairbi, Senior Vice President Abu Dhabi Airport, Etihad Airways; H.E. Ali Salem Al Kaabi, Ambassador Extraordinary of the United Arab Emirates to The Kingdom of Morocco; H.E. Mohamed Sajid, Moroccan Minister of Tourism and Air Transport; Mohammad Al Bulooki, Executive Vice President Commercial, Etihad Airways; Hareb Al Muhairy, Senior Vice President Sales, Etihad Airways; Mohamed Al Farsi, Manager Travel Services, Hala Travel Management.

Casablanca, Kingdom of Morocco – Etihad Airways has introduced the Boeing 787-9 Dreamliner on its daily service from Abu Dhabi, capital of the United Arab Emirates (UAE), to Casablanca, the Kingdom of Morocco’s largest city and commercial hub.

On arrival in Casablanca, the aircraft was greeted with a traditional water cannon salute.

Etihad Airways also chose to celebrate the occasion, and its commitment to the Moroccan travel market, with a special dinner held in Casablanca. Guests included diplomats, dignitaries, media representatives, Moroccan corporate partners, travel trade, and senior members of Etihad Airways’ management team.

Mohammad Al Bulooki, Executive Vice President Commercial, Etihad Airways, said: “The introduction of the Boeing 787 Dreamliner on the Abu Dhabi to Casablanca route demonstrates our clear commitment to the very important Moroccan market.

MGODI WA DHAHABU WA GEITA (GGM) NA TACAIDS KUZINDUA KILIMANJARO CHALLENGE 2018

Mkurugenzi Mtendaji wa Tume ya Kudhibiti Ukimwi Tanzania (TACAIDS), Dk. Leonard Maboko (kushoto)  akizungumza na waandishi wa habari kuhusiana na uzinduzi wa zoezi la upandaji wa Mlima Kilimanjaro  (Kilimanjaro Challenge 2018), litakalo kwenda sambamba na kuendesha harambee kuchangisha fedha  kwa mwaka 2018 kwa ajili ya kusaidia mapambano ya kudhibiti ugonjwa wa UKIMWI nchini. Kulia ni Makamu wa Rais miradi endelevu wa Kampuni ya AngloGold Ashanti, GGM, Simon Shayo.

Sehemu ya waandishi wa habari wakiwa katika mkutano huo.

Makamu wa Rais miradi endelevu wa Kampuni ya AngloGold Ashanti, GGM, Simon Shayo (kushoto)  akizungumza na waandishi wa habari kuhusiana na uzinduzi wa zoezi la upandaji wa Mlima Kilimanjaro  (Kilimanjaro Challenge 2018), litakalo kwenda sambamba na kuendesha harambee kuchangisha fedha  kwa mwaka 2018 kwa ajili ya kusaidia mapambano ya kudhibiti ugonjwa wa UKIMWI nchini. Kulia ni Mkurugenzi Mtendaji wa Tume ya Kudhibiti Ukimwi Tanzania (TACAIDS), Dk. Leonard Maboko.

Watendaji wa MGODI wa Dhahabu wa Geita (GGM) na  Tume ya Kuthibiti UKIMWI Tanzania (TACAIDS) wakijadili jambo mara baada ya kumaliza mkuatano wa waandishi wa habari.

Watendaji wa MGODI wa Dhahabu wa Geita (GGM) na  Tume ya Kuthibiti UKIMWI Tanzania (TACAIDS) wakiwa katika picha ya pamoja  mara baada ya kumaliza mkuatano wa waandishi wa habari.

Mgodi wa Dhahabu wa Geita (GGM) kwa kushirikiana na Tume ya Kuthibiti UKIMWI Tanzania (TACAIDS) inatarajia kuzindua zoezi la upandaji wa mlima Kilimanjaro (Kilimanjaro Challenge 2018), litakalo kwenda sambamba na kuendesha harambee kuchangisha fedha kwa mwaka 2018 kwa ajili ya afua za UKIMWI nchini.  

Akizungumzia tukio hilo kwa waandishi wa habari leo jijini Dar es Salaam, Mkurugenzi Mtendaji wa Tume ya Kudhibiti Ukimwi Tanzania (TACAIDS), Dk. Leonard Maboko alisema shughuli hiyo itafanyika Mei 4, 2018 katika Hoteli ya Hyatt Regency Kilimanjaro Dar es Salaam.

Dk. Maboko alisema mgeni rasmi katika uzinduzi huo anatarajia kuwa Waziri Mkuu wa Jamhuri ya Muungano wa Tanzania, Mhe. Kassim Majaliwa ambapo atafanya zozezi la ugawaji wa fedha zilizokusanywa mwaka 2017 baada ya wadau mbalimbali kupanda na kuendesha baiskeli kwa kuzunguzuka Mlima Kilimanjaro.

EXIM BANK CONTINUES TO BE THE 5TH LARGEST BANK

Exim Bank Acting Chief Executive Officer, Selemani Ponda (centre) addresses the media on the bank’s 2017 financial position and results. Looking on the are the Bank's Acting Chief Operations Officer, David Lusala and Acting Chief Finance Officer, Issa Hamisi.

Dar es Salaam - Exim Bank continued to maintain its positioning as the 5th largest Bank in terms of asset base. In its recently published results, the Group’s total assets stood @ TZS 1.6 Trillion, with growth driven by an increase in customer deposits.

The Bank’s 100% owned subsidiaries in Djibouti and Comoros operations recorded superlative performance with the best ever profits. Exim Bank is now ranked fourth & second in these respective territories.

Performance of the Bank’s Tanzania operations was stable on the top line; however, the bottom line was impacted due to higher provisioning on the impaired assets. The bank, with a step towards its preparedness to the newly introduced norms of accounting effective from January 2018 viz. IFRS9 had made higher provisions to the tune of TZS 29 Billion during the year 2017 as compared to TZS 2 Billion during the previous year (2016).

The bank also wrote off impaired assets worth TZS 3.35 Billion, in compliance to the regulatory guidelines.

The Bank’s operating profits stood at TZS 39 Billion. With increased provisions, the bank Profit before tax was lower at TZS 9.6 Billion.

TAARIFA KWA UMMA - USAJILI WA WATOA HUDUMA ZA MAUDHUI KWA NJIA YA MTANDAO

TAARIFA KWA UMMA - USAJILI WA WATOA HUDUMA ZA MAUDHUI KWA NJIA YA MTANDAO

CURRENT VACANCIES AT THE AFRICAN DEVELOPMENT BANK

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NGUZO YA KWANZA DARAJA LA TRENI YA UMEME (SGR) LINALOJENGWA KUANZIA STESHENI POSTA HADI ILALA SHAURI MOYO, DAR ES SALAAM YASIMIKWA

Huu ndiyo muonekano wa nguzo za daraja la treni (SGR) lenye urefu wa kilomita 2.9 ambalao litaanzia Stesheni ya Posta jijini Dar Es Salaam hadi Ilala Shauri Moyo. Kazi kubwa ya daraja hili ni kupunguza muingiliano wa magari na treni hiyo hasa kutokana na kasi yake ya kukimbia kilomita 160 kwa saa, pamoja na mfumo wake wa umeme.

PETROL, DIESEL PRICES DOWN IN MAY

MOTORISTS will get relief this month as retail and wholesale prices for petrol and diesel will go down largely due to the falling of prices in the global market and transport costs.

Retail prices for fuel reflect global oil price changes as well and include costs for the government agencies, service levies for municipals and cities to the retailers and wholesalers.

The falling prices of petrol and diesel will send a significant impact in stabilising transport and other business costs. Cap prices for petroleum products published by the Energy and Water Utilities Regulatory Authority (EWURA) show that retail prices for petrol and diesel declined by 3.8 percent equivalent to 88/- and 2.75 percent or 61/- respectively.

BENEFIT FROM CBA LOANS

TOUR Operators and Hoteliers in East Africa will now benefit from huge loans disbursed by the Commercial Bank of Africa (CBA), which intends to boost the travel and hospitality industries in Tanzania, Kenya, Uganda, Rwanda and South-Sudan.

The timely decision by CBA comes just as Tanzania braces to accommodate more than two million foreign visitors come 2020, while the bank also moves to establish new branches in Juba.

“Arusha, being the pivotal precinct in Tanzania’s tourism and headquarters of the East African Community will be the first to benefit from the new loaning plan for tourism, stated Mr Gift Shoko, the Chief Executive Officer of CBA.

CITIBANK POSTS LOWEST NPLS IN Q1

CITIBANK has continued to lead the market with lowest non-performing loans in quarter one this year.

The bank's NPLs dropped to zero percent in Q1 from 0.1 percent at the end of last December.

The bank’s zero percent NPLs presenting a nil-amount at the end of March compared to 157m/- at last December.

The NPLs percentage was far from industry benchmark of 5.0 percent. Citibank, with a single branch in Dar es Salaam, loan portfolio increased to 173.72bn/- in three months to March against 160.78bn/- at the end of last December.

NEW JUMIA CEO KEEN TO CHANGE SHOPPING CULTURE

In Summary

“I know the road to success is not a bed of roses. It has its ups and downs, but I want to ensure that Jumia delivers the goods at reasonable prices,” says Mr Prescott.

Dar es Salaam. E-commerce is growing and Jumia Tanzania’s new CEO Zadok Prescott aims at instilling an online shopping culture in the country

“I know the road to success is not a bed of roses. It has its ups and downs, but I want to ensure that Jumia delivers the goods at reasonable prices,” says Mr Prescott.

That will be done through changing the mindset of Tanzanians.

FREE STOPOVERS OFFERED BY ETIHAD TO ALL ECONOMY CLASS GUESTS FROM THE MIDDLE EAST, AFRICA & PAKISTAN

Abu Dhabi, United Arab Emirates – Etihad Airways is offering one night’s free accommodation in Abu Dhabi to all guests travelling in Economy Class from destinations* in the Middle East, Africa and Pakistan, and stopping over in the nation’s capital.

The offer is valid from 1 May 2018 until 15 September 2018 and the travel period is until 30 September 2018. The hotels included in the offer are the Radisson Blu on Yas Island and the Yas Island Rotana.

Mohammad Al Bulooki, Etihad Airways’ Executive Vice President Commercial, said: “Etihad Airways is delighted to invite guests to experience Abu Dhabi, a city which has so much to offer every type of traveller, especially during a short stopover.

PRUDENTIAL CAPITAL MARKET UPDATE AS AT 3 MAY 2018

JPM: NO SALARY INCREASE

...pleads for workers’ patience as he builds strong economic foundations

PRESIDENT John Magufuli yesterday rejected workers’ request for the pay rise, citing huge development projects that consume a massive amount of money as among the reasons.

Dr Magufuli, addressing workers at the climax of May Day celebrations at Samora Stadium in Iringa municipality, however, assured that public employees will get their statutory salary increment.

In his speech, which some radio and television stations beamed live, the president said he wished hiking salaries on Labour Day but after realising several challenges ahead, he decided to postpone his wish. But, he promised that before the end of his tenure in office he will have increased wages for all workers.

TZ LAUDED FOR MONEY LAUNDERING FIGHT

In Summary

Egmont Group says Tanzania, Mauritius and Seychelles have been exemplary in the fight against the crime

Port Louis. Tanzania has earned praise from a Danish think-tank, Egmont Group, for waging a relentless war against money laundering.

Tanzania is among the three countries in the western Indian Ocean rim, which have been reported to be doing well in curbing transnational crime. The others are Mauritius and Seychelles.

Egmont Group says the three countries have been exemplary in the fight against the crime.

The organisation presented its findings before the on-going peace and security conference for the western Indian Ocean states taking place in Port Louis, the Mauritius capital city.

TBL GROUP UNVEILS SAFETY APP FOR STAFF

In Summary

Speaking during the climax of safety week at working place celebration held in Dar es Salaam at the weekend, the TBL Group Safety and Health Manager, Mr Khery Gunzarethy, said safety at the workplace is one of the company’s top priorities.

Dar es Salaam. Tanzania Breweries Limited Group has launched a new mobile application dubbed ‘Safety App’ to enable its employees to immediately report any safety information via mobile phone.

Speaking during the climax of safety week at working place celebration held in Dar es Salaam at the weekend, the TBL Group Safety and Health Manager, Mr Khery Gunzarethy, said safety at the workplace is one of the company’s top priorities.

HH SHEIKH THEYAB BIN MOHAMED BIN ZAYED AL NAHYAN MARKS THE LAUNCH OF ETIHAD AIRWAYS’ “YEAR OF ZAYED” A380 AIRCRAFT

(Left to right) H.E. Mohamed Mubarak Fadhel Al Mazrouei, Chairman of Etihad Aviation Group; H.H. Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of the Department of Transport; and Tony Douglas, Group Chief Executive Officer, Etihad Aviation Group; inspect the specially-designed Etihad Airways “Year of Zayed” A380 at Etihad Engineering in Abu Dhabi.

Abu Dhabi, United Arab Emirates – H.H. Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of Abu Dhabi Department of Transport, has inspected the specially-designed Etihad Airways’ “Year of Zayed” A380 at Etihad Airways Engineering’s facilities in Abu Dhabi.

H.H. Sheikh Theyab was joined by H.E. Mohamed Mubarak Fadhel Al Mazrouei, Chairman of Etihad Aviation Group, and Tony Douglas, Group Chief Executive Officer, Etihad Aviation Group, as well as members of the Etihad senior leadership team.

SH126BN SET ASIDE FOR EXPANSION OF ZANZIBAR AIRPORT

In Summary

• This was revealed by the Permanent Secretary at the Ministry of Communication and Transport, Mr Mustafa Aboud Jumbe after inspected the implementation of the project on Monday, April 30.

Zanzibar. About $56 million (approximately Sh126 billion) has been set aside to complete the construction of terminal II at the Abeid Amani Karume International Airport (AAKIA).

This was revealed by the Permanent Secretary at the Ministry of Communication and Transport, Mr Mustafa Aboud Jumbe after inspected the implementation of the project on Monday, April 30.

MrJumbe said the project has been financed by the Chinese government, which was guaranteed by the union government.