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Wednesday, 13 March 2019

PROF. KABUDI NA DKT. MAHIGA WAKABIDHIANA MAJENGO YA OFISI ZA WIZARA ZAO MTUMBA, DODOMA

Waziri wa Katiba na Sheria, Mhe. Dkt. Augustine Mahiga akimkabidhi Mhe. Prof. Palamagamba Kabudi, Waziri wa Mambo ya Nje na Ushirikiano wa Afrika Mashariki, mchoro wa jengo la Ofisi za Wizara ya Mambo ya Mambo ya Nje na Ushirikiano wa Afrika Mashariki zinazojengwa kwenye Mji wa Serikali uliopo Mtumba, Dodoma. Makabidhiano hayo yalifanyika tarehe 12 Machi 2019. Baada ya kukabidhiwa Prof. Kabudi alipongeza jitihada za Wizara chini ya usimamizi wa Mhe. Dkt. Mahiga kwa hatua kubwa iliyofikiwa kwenye ujenzi huo.
Katibu Mkuu wa Wizara ya Katiba na Sheria, Prof. Sifuni Mchome akitoa maelezo mafupi kwa Mhe. Prof. Palamagamba Kabudi, Waziri wa Mambo ya Nje na Ushirikiano wa Afrika Mashariki na Mhe. Dkt. Augustine Mahiga, Waziri wa Katiba na Sheria walipofika kwenye ofisi za Wizara ya Katiba na Sheria zinazojengwa kwenye mji wa Serikali uliopo, Mtumba jijini Dodoma kwa ajili ya makabidhiano.
Mhe. Prof. Kabudi na Mhe. Dkt. Mahiga wakiwa kwenye moja ya chumba cha jengo la ofisi za Wizara zinazojengwa Mtumba. 
Mhe. Prof. Kabudi akisalimiana na mmoja wa Wakurugenzi wa Wizara ya Mambo ya Nje na Ushirikiano wa Kimataifa alipotembelea ofisi za Wizara zinazojengwa Mtumba.
Mhe. Prof. Kabudi akiongozana na Mhe. Dkt. Mahiga kuelekea kwenye jengo la Wizara, Mtumba.
Mhe. Prof. Kabudi akisaini kitabu cha wageni na kutoa maoni yake kuhusu maendeleao ya ujenzi wa ofisi hizo.
Muonekano wa jengo la ofisi za Wizara ya Mambo ya Nje na Ushirikiano wa Afrika Mashariki linalojengwa kwenye mji wa Serikali uliopo Mtumba, Dodoma.
Bofya hapa kwa picha zaidi

BOEING'S MARKET VALUE HAS PLUNGED BY $40 BILLION FROM ITS 2019 PEAK (BA)


Sunday's crash of a Boeing 737 Max 8 aircraft operated by Ethiopian Airlines continued to pressure Boeing's stock Tuesday, with shares trading down more than 5%. That follows a drop of 5.3% on Monday.

And while the two days of selling have wiped out $26 billion of market value, Boeing shares have been under pressure all month. The stock topped out at $446.39 on March 1, and was under pressure even before Sunday's disaster. It's now down more than 17% from its 2019 peak — a drop of $40 billion in market value.

But the recent selling has been unable to sway Wall Street analysts, who remain largely bullish on Boeing shares. Among the analysts surveyed by Bloomberg, 21 had a "buy" rating while only 2 had "sell."

In a note published on February 27, Morgan Stanley raised its price target to $500, representing an increase of 17% at the time. "We see continued upward momentum in BA shares," wrote Morgan Stanley analyst Rajeev Lalwani. "In fact, we see a clear path to $500 given broadly higher market multiples alongside a potential order boost from China trade resolution."

Monday, 11 March 2019

NMB BANK UNVEILS A DIGITAL CREDIT FACILITY FOR NMB AGENTS

NMB’s Head of Business Banking, Donatus Richard speaks to journalists (not in the picture) on the debut of the first of its kind Instant Interest Free financing product in Tanzania dubbed ‘Floti Fasta’. Looking on are Head of Payment & Accounts, Michael Mungure (centre) and Head of Agency Banking Ericky Willy (right). 

  • An Agent, NMB Wakala, to receive Instant Interest Free financing product of up to TZS 5,000,000/-
  • This facility aims to ensure that agents are fully loaded with float anytime and anywhere in the country 24/4
  • Credit application is available on NMB Mobile
Dar es Salaam, March 11, 2019 - NMB Bank Plc ‘NMB’ has introduced a credit facility for its agents NMB Wakala dubbed ‘Floti Fasta’ - The first of its kind facility that allows agents to access instant financing through NMB Mobile.

Floti fasta offering is designed to boost NMB agent’s working capital that will also help them expand their business and create more jobs associated with NMB Wakala. Floti Fasta minimum amount is TZS 50,000 and maximum amount is TZS 5,000,000.

This is an interest free product which requires only the recipient to incur a 3% processing fee (VAT Inclusive) which will be charged upfront

The NMB Bank’s Head of Payment and Accounts, Michael Mungure said the facility being the first of its kind in the country will support more that 6,800 agents to more expand their business as they will be sure of serving customers anytime with enhanced cash flow.

“With the introduction of Floti Fasta, the question of floats to most agents is now solved, just use NMB Mobile and your business is assured.” Said Mr Mungure

Thursday, 7 March 2019

MKURUGENZI MTENDAJI WA BENKI YA NBC AMTEMBELEA MKUU WA MKOA WA DAR ES SALAAM

Mkuu wa Mkoa wa Dar es Salaam, Paul Makonda (katikati), akimsikiliza Mkurugenzi Mtendaji wa Benki ya Taifa ya Biashara (NBC), Theobald Sabi (kulia), wakati Mkurugenzi huyo akimtembelea ofisini kwake Ilala, Dar es Salaam hivi karibuni. Kushoto ni Meneja Mahusiano wa NBC, William Kallaghe. Mazungumzo yao yalijikita katika kuangalia namna mbalimbali za kudumisha ushirikiano wa pande zote mbili.
Mkuu wa Mkoa wa Dar es Salaam Paul Makonda (katikati), akizungumza na Mkurugenzi Mtendaji wa Benki ya Taifa ya Biashara (NBC), Theobald Sabi (kulia) pamoja na Meneja Mahusiano wa NBC, William Kallaghe (kushoto), alipotembelewa na viongozi hao wa NBC ofisini kwake Ilala, Dar es Salaam hivi karibuni.
Mkuu wa Mkoa wa Dar es Salaam Paul Makonda (katikati), akifurahia jambo na Mkurugenzi Mtendaji wa Benki ya Taifa ya Biashara NBC Theobald Sabi, (kulia) pamoja na Meneja Mahusiano wa NBC William Kallaghe (kushoto), walipokwenda kumtembelea ofisini kwake Ilala, Dar es Salaam hivi karibuni.

KCB BANK TANZANIA BIASHARA CLUB WORKSHOP A GODSEND FOR ARUSHA TOUR OPERATORS

Head of Marketing and Corporate Affairs KCB Bank Ms. Christine Manyenye, answers questions from Arusha tour operators business owners and executives during the KCB Bank Biashara Club Workshop held at the Mt. Meru Hotel in Arusha on 05th March 2019. The event was attended by more that 250 business owners had special emphasis on the tourism industry bringing in stakeholders like Tanzania National Parks Agency (TANAPA), Tanzania Revenue Authority (TRA), Tanzania Association of Tour Operators (TATO) and East Africa Business Council (EABC) to deliberate on ways to move the tourism industry forward for the benefit of stakeholders, tourists and the industry as a whole.
Marketing Executive for Tanzania National Parks Agency (TANAPA), Mr. Ernest Jackinda speaks to invited guests at the KCB Bank Biashara Club Workshop held at the Mt. Meru Hotel in Arusha on 05th March 2019. The event was attended by more that 250 business owners had special emphasis on the tourism industry bringing in stakeholders like Tanzania National Parks Agency (TANAPA), Tanzania Revenue Authority (TRA), Tanzania Association of Tour Operators (TATO) and East Africa Business Council (EABC) to deliberate on ways to move the tourism industry forward for the benefit of stakeholders, tourists and the industry as a whole.
Head of Retail Banking KCB Bank Mr. Masika Mukele, speaks with guests during the one-on-one session at the KCB Bank Biashara Club Workshop held at the Mt. Meru Hotel in Arusha on 05th March 2019. The event was attended by more that 250 business owners had special emphasis on the tourism industry bringing in stakeholders like Tanzania National Parks Agency (TANAPA), Tanzania Revenue Authority (TRA), Tanzania Association of Tour Operators (TATO) and East Africa Business Council (EABC) to deliberate on ways to move the tourism industry forward for the benefit of stakeholders, tourists and the industry as a whole.

Wednesday, 6 March 2019

NIC BANK TANZANIA DEBUTS ZANZIBAR WITH SPECIAL FOCUS ON HOSPITALITY INDUSTRY


TASAC TAKES CHARGE IN AN ATTEMPT TO CURB CHEATING IN MINERAL EXPORTS, FUEL IMPORTS


Days for under declaration of mineral exports and fuel imports are numbered, thanks to plans to have a state-owned corporation conducting all clearing and forwarding functions for the consignments.

Read More >>

JOINT PRESS STATEMENT - EXIM BANK & UBL BANK

LEADERSHIP ESSENTIALS TRAINING


TRUMP EXTENDS U.S. SANCTIONS AGAINST ZIMBABWE BY A YEAR

WASHINGTON (Reuters) - U.S. President Donald Trump on Monday extended by one year sanctions against Zimbabwe saying that the new government’s policies continue to pose an “unusual and extraordinary” threat to U.S. foreign policy.

The renewal comes despite calls by African leaders, including South Africa’s President Cyril Ramaphosa, for the sanctions to be lifted to give the country a chance to recover from its economic crisis.


“The actions and policies of these persons continue to pose an unusual and extraordinary threat to the foreign policy of the United States,” Trump said in a notice announcing the extension, adding: “I am continuing for (one) year the national emergency declared in Executive Order 13288.”

The renewal comes despite calls by African leaders, including South Africa’s President Cyril Ramaphosa, for the sanctions to be lifted to give the country a chance to recover from its economic crisis.

CLYDE & CO UPDATER - REGULATORY CHANGES IN TANZANIA’S MINING SECTOR


In February 2019 a series of changes were made to Tanzanian mining laws and regulations. These changes were as follows:

1. Changes to the Mining Act 2010

Parliament passed the Written Laws (Miscellaneous Amendments) (No.2) Bill of 2019 (the Mining Act Amendment Bill) on 9 February 2019 and we understand that it is currently awaiting the President's assent. When the Mining Act Amendment Bill receives this assent, a number of changes will be made to the provisions of the Mining Act 2010 (the Mining Act).

2. Changes to mining-related regulations

Tanzania's Minister of Minerals has the power to create regulations under different Acts of Parliament, such as under the Mining Act and the Tanzania Extractive Industries (Transparency and Accountability) Act 2015 (the TEITI Act). Pursuant to this power, the Minister has created the following new regulations under the Mining Act and the TEITI Act:

CLYDE & CO UPDATER - THE ISSUE OF CORPORATE GUARANTEES TO FOREIGN ENTITIES

In this month’s legal briefing we focus on the issue of corporate guarantees by Tanzanian entities to foreign entities.


The essential elements of a valid and enforceable corporate guarantee


In transactions where the principal debtor is a subsidiary company or part of a group of companies, most creditors would prefer that a corporate guarantee be issued by the parent company or any other related company as part of the security to be furnished by the principal debtor. By issuing a corporate guarantee the parent company or any other related company, otherwise known as the guarantor, is providing assurance to the creditor that should the principal debtor default in its obligations (e.g. under a loan agreement) the guarantor will be called upon to honour the guarantee.

In Tanzania, a corporate guarantee (or any contract of guarantee), like every other contract, must satisfy all the essential elements of a valid contract, e.g. genuine consent, legality of object, competency of parties, etc. A corporate guarantee should also be supported by some consideration. No direct consideration is needed between the guarantor and the creditor, as the consideration received by the principal debtor is sufficient for the guarantor.

Furthermore, the ability of a Tanzanian company to guarantee the repayment obligations of another company is subject to the following:

  1. the powers of the company as set out in its memorandum and articles of association (that is, whether it has a specific power to guarantee the repayment obligations of other companies or a general power to do business which is broadly enough drafted to cover such an act); and
  2. the requirements for the directors to act in good faith and in the best interest of the company issuing the guarantee (the corporate benefit requirement).

CAHF NEWSLETTER FEBRUARY 2019 - FOCUS ON TANZANIA


Tuesday, 5 March 2019

BUSINESS PICTORIAL

National Bank of Commerce (NBC) Managing Director, Theobald Sabi (left) bids farewell to Commissioner General of Prisons, Phaustine Kasike, shortly after concluding an official visit to the latter's office in Dar es Salaam recently.
NMB Bank Agribusiness Senior Manager, Carol Nyangaro, speaks to stakeholders from the Diary sector at the forum organised in collaboration with the bank and Global Diary Platform (GDP) in Dar es Salaam recently.
Iringa Regional Commissioner, Ally Hapi (left) appears to be thanking CRDB Bank Managing Director, Abdulmajid Nsekela at a handover event of two classrooms and 40 desks worth 60m/- donated by the bank to Iringa Girls' Secondary School in the region last week. Showing a thumb up sign at the back row is Iringa District Commissioner, Richard Kasesela.
Africa Jambo Group of Companies representative, Marthinus Landman (left) and Kiluwa Group Director, Mohamed Kiluwa exchange a Memorandum of Understanding, shortly after signing documents for construction of Narrow and Standard gauge train wagons at Kiluwa Free Processing Zone in Coastal Region. The agreements took place in Johannesburg, South Africa and worth 150 million US Dollars, which will be conducted in three phases, employing over 980 citizens and foreigners, targeting Africa and the Tanzanian market.

EQUATORIAL GUINEA TO HOST AFRICAN DEVELOPMENT BANK’S 2019 ANNUAL MEETINGS IN MALABO


Equatorial Guinea will host the African Development Bank’s next Annual Meetings in June 2019, following the signing of a memorandum of understanding between the two parties. The Annual Meetings will take place from 11th to 14th June, 2019 in the country’s capital city, Malabo.

“The Government and people of Equatorial Guinea are ready and look forward to hosting the African Development Bank’s flagship event in 2019,” said Mr. Bernardo Abaga Ndong, general coordinator of the National Technical Committee in charge of the Annual Meetings.

“We are determined to make the Annual Meetings in our country a most resounding success that will definitely bolster our national prestige, because an event with over 3,000 participants is not a small affair,” Ndong emphasised. An aide-memoire on the country’s preparedness to host the event was signed on 27th February 2019. The signing took place on the sidelines of regional consultative meetings between the Bank and its African shareholders, held in Abidjan from 25th February to 1st March, 2019, and attended by Equatorial Guinea’s finance minister Lucas Abaga Nchama.

Speaking at the signing, André Basse, the African Development Bank’s Chief of protocol, who signed on behalf of the Bank, commended the host country for its commitment to the success of the Annual Meetings, returning this year to African soil after being held in Korea and India respectively.

TIGO YAMZAWADIA MKIMBIAJI SHUPAVU MWENYE MIAKA 93 NYUMBA

Mkurugenzi Mtendaji wa Kampuni ya Tigo Tanzania Simon Karikari (wa pili kulia) akikata utepe kuashiria kumkabidhi rasmi nyumba Mzee Joram Mollel (93) ambaye amekuwa akishiriki mbio za Tigo Kili Half Marathon kwa miaka minne mfululizo. Kulia kwake ni Mzee Mollell akifautiwa na mwanaye Elibarik Mollel pamoja na Afisa Biashara Mkuu wa Tigo Tarik Boudiaf. Hafla hiyo ilifanyika mwishoni mwa wiki katika eneo la Mushono jijini Arusha. Kulia ni kaimu Mkurugenzi wa Tigo Kanda ya Kaskazini, Aidan Komba.
Babu Joram Molle (93) akitoa neno la shukrani muda mfupi baada ya kukabidhiwa nyumba na Kampuni ya Tigo kutokana na ushiriki wake wa mbio za Tigo Kili Half Marathon kwa miaka minne mfululizo. Wanaomsikiliza kushoto ni Mkurugenzi Mtendaji wa Tigo Simon Karikari akifuatiwa na Afisa Biashara Mkuu Tarik Boudiaf, na kulia ni Kaimu Mkurugenzi wa Tigo Kanda ya Kaskazini Aidan Komba. Hafla hiyo ilifanyika mwishoni mwa wiki katika eneo la Mushono jijini Arusha.
Mkurugenzi Mtendaji wa Kampuni ya Tigo Tanzania Simon Karikari, akimkabidhi funguo za nyumba Mzee Joram Mollel ikiwa ni kama zawadi na kukubali mchango wake kwa mbio za Tigo Kili Half Marathon kwa miaka minne mfululizo pamoja na umri mkubwa. Anayeshuhudia ni Kaimu Mkurugenzi wa Tigo Kanda ya Kaskazini Aidan Komba. Hafla hiyo ilifanyika mwishoni mwa wiki katika eneo la Mushono jijini Arusha.
Baadhi ya wafanyakazi wa Kampuni ya Tigo Tanzania wakiwa katika picha ya Pamoja muda mfupi baada ya Kampuni hiyo kumzawadia nyumba mzee Joram Mollel mkazi wa Jijini Arusha ikiwa ni kutambua mchango wake katika mbio za Tigo Kili Half Marathon ambazo mzuee huyo ameshiriki kwa miaka minne mfululizo. Hafla hiyo ilifanyika mwishoni mwa wiki katika eneo la Mushono jijini Arusha.
Afisa Mtendaji Mkuu wa Kampuni ya Tigo Simon Karikari akizungumza na wahabari hawapo pichani wakati wa hafla ya kumkabidhi nyumba Mzee Joram Mollel (93), aliyekuwa akikimbia mbio za Tigo Kili Half Marathoni kwa miaka minne mfululizo, kulia ni Kaimu Mkurugenzi wa Tigo Kanda ya Kaskazini Aidan Komba. Hafla hiyo ilifanyika mwishoni mwa wiki katika eneo la Mushono jijini Arusha.
Kampuni ya Mawasiliano ya Tigo imemkabidhi nyumba ya vyumba 17 ikiwa na samani zote za ndani Babu Joram Mollel (93), kutokana na ushiriki wake wenye mafanikio katika mbio za Tigo Kili Half Marathon kwa miaka mine mfululizo.

Hafla ya makabidhiano hayo ilifanyika eneo la Mushono nje kidogo ya Jiji la Arusha, ikiongozwa na Mkurugenzi Mtendaji wa Tigo Simon Karikari pamona na Afisa Biashara Mkuu Tarik Boudiaf

Akizungumza kwenye hafla hiyo Karikari alisema, nyumba hiyo ilinunuliwa na kukarabatiwa kisha kumkabidhi Babu Mollel kama ishara ya shukrani kwa kujituma na umahiri wake katika riadha.

'Babu Mollel amekuwa akishiriki mashindano ya Tigo Kili Half Marathoni kwa miaka mingi sasa. Tulipoona hali ya makazi yake si nzuri Tigo tuliona njia sahihi ni kuwezesha apate nyumba yake mwenyewe,"alisema Karikari.

AFCON U-17, DAR ES SALAAM, TANZANIA 14-28 APRILI 2019



WAZIRI MKUU KASSIM MAJALIWA ALIVYOTEMBELEA UJENZI TERMINAL III


Waziri Mkuu Kassim Majaliwa ametembelea mradi wa ujenzi wa jengo la tatu la abiria katika Kiwanja cha Ndege cha Kimataifa cha Julius Nyerere (JNIA) na kusema ameridhishwa hatua iliyofikiwa. 

Mradi wa ujenzi wa jengo hilo umefikia asilimia 95 na unatarajiwa kukamilika Mei 30, mwaka huu ambapo hadi sasa tayari maeneo mengi yamekamilika ikiwa ni pamoja na sehemu za abiria wanaowasili na kuondoka.

Monday, 4 March 2019

BENKI YA NBC KUIMARISHA UHUSIANO WAKE NA JESHI LA MAGEREZA

Mkurugenzi Mtendaji wa Benki ya NBC, Theobald Sabi, (kushoto), akiagana na Mkuu wa jeshi la Magereza nchini, Phaustine Kasike, alipomtembelea ofisini kwake Makao Makuu ya jeshi hilo jijini Dar es Salaam hivi karibuni. 
Mkurugenzi Mtendaji wa Benki ya NBC, Theobald Sabi, (wa pili kulia), akizungumza na Mkuu wa jeshi la Magereza nchini, Phaustine Kasike, (katikati) wakati alipomtembelea ofisini kwake kwa mazungumzo juu ya kuangalia njia bora za kudumisha uhusiano baina ya NBC na Jeshi hilo. Kushoto kwa Theobald Sabi ni Mkurugenzi wa Idara ya Wateja wa Makampuni, Linley Kapya, pamoja na maofisa kutoka jeshi la Magereza.
Mkurugenzi wa Idara ya Wateja wa Makampuni, Linley Kapya (wa pili kulia), akizungumza na Mkuu wa jeshi la Magereza nchini, Phaustine Kasike, (katikati) wakati uongozi wa Benki hiyo walipotembelea ofisini kwake kwa mazungumzo juu ya kuangalia njia bora za kudumisha Mahusiano baina ya NBC na jeshi hilo. Wa tatu kulia ni Mkurugenzi Mtendaji wa Benki ya NBC, Theobald Sabi, pamoja na Meneja Mahusiano wa NBC, William Kallaghe pamoja na maofisa wa jeshi hilo.
Kamishna Jenerali wa Jeshi la Magereza nchini, Phaustine Kasike akizungumza katika kikao na uongozi wa Benki ya NBC, uliomtembelea ofinisi kwake, Makao Makuu ya Magereza jijini Dar es Salaam. Wanaomsikiliza kushoto kwake ni Mkurugenzi Mtendaji wa NBC, Theobald Sabi, pamoja na Mkurugenzi wa Idara ya Wateja wa Makampuni, Linley Kapya na kulia kwake ni Kamishna wa Sheria na Uendeshaji wa Magereza, Uwesu Ngarama, pamoja na Kamishna wa Huduma za Urekebishaji, Mhandisi Tusekile Mwaisabila. Hafla hiyo ilifanyika jijini Dar es Salaam hive karibuni.
Kamishna wa Huduma za Urekebishaji Mhandisi Tusekile Mwaisabila akizungumza na Uongozi wa Benki ya NBC pamoja na Mkuu wa jeshi la Magereza nchini, Phaustine Kasike katika hafla hiyo.
Kamishna Jenerali wa Jeshi la Magereza nchini, Phaustine Kasike pamoja na Mkurugenzi ya NBC, Theobald Sabi, (watatu kushoto) akipiga picha ya pamoja na uongozi wa Benki ya NBC pamoja na maofisa wa jeshi hilo.

TAPPING INTO CONTINENTAL FREE TRADE AREA OPPORTUNITIES

By Anthony Kimambo,
Head of Trade Finance,
Stanbic Bank Tanzania.
The Extraordinary Summit on the African Continental Free Trade Area (AfCTFA) that took place in Kigali, Rwanda last year brought together African leaders during which the agreement for establishing the free trade area was presented for signatures. The agreement was signed by 44 of the 55 African Union (AU) member states adding another 5 during the AU summit in Mauritania in June bringing the total number of committed countries to 49 by the end of July 2018. The Continental Free Trade Area (CTFA), will unleash Africa’s potential assembling a population of 1.2 billion people, with a GDP of $3.4 trillion as the world’s largest free trade area since the inception of the World Trade Organisation (WTO).

To leverage on the CFTA cross border opportunities, Africa will require strategic infrastructure; both physical and financial. Physical infrastructure includes transportation networks such as rail, road and power that underpin the economic growth potential and financial infrastructure comprising of institutions that will enable effective operations and empower Africa to unlock and tap into the opportunities underlined by the agreement.

Tanzania is known as the trade gateway for the neighbouring land locked countries through the port in Dar es Salaam. According to the Ministry of Trade, the port handles 60% of Rwanda’s exports and imports. Zambia, Malawi, Uganda, Burundi and the Eastern region of the Democratic Republic of Congo (DRC) all depend on the port of Dar es Salaam. Tanzania has commenced review of its policies to spur cross border trade in anticipation of the CFTA. In a statement issued by the State House of Tanzania, President Kagame congratulated President Magufuli for the notable improvements that include a reduction in transit time between Dar to Kigali from 10 days to between 3-6 days and the reduced road toll charges from $500 to $152 per truck between Rwanda and Tanzania to ease cross border transit. Development and harmonization of key infrastructure will catalyse cross border trade and enable Africa’s economic growth.

Last year, President Paul Kagame and President John Pombe Magufuli inaugurated the construction of the 400-kilometre Standard Gauge Railway (SGR) from Isaka to Kigali connecting Rwanda to Dar es Salaam. The railway will enhance trade activity between the two countries improving the Cairo to Cape Town infrastructure that will support the aspirations of the CFTA.

At the Extraordinary Summit of the (AU) in March 2018, former Nigerian President, Olusegun Obasanjo said “African’s economic salvation lies in the CFTA”. In addition to developing the transport networks, responsive financial solutions catered for Africa require financial institutions with a bespoke understanding of the dynamic continent.

RAIS MAGUFULI AKUTANA NA MAKAMU RAIS MTENDAJI WA JICA

Rais wa Jamhuri ya Muungano wa Tanzania, Mhe. Dkt. John Pombe Joseph Magufuli akiwa katika mazungumzo na Makamu wa Rais Mtendaji Mwandamizi wa Shirika la Kimataifa la Ushirikiano la Japan (JICA), Bw. Kazuhiko Koshikawa (wa tatu Kushoto) na ujumbe wake walipokutana Ikulu jijini Dar es salaa Februari 28, 2019. Wa pili kulia ni Naibu Waziri wa Mambo ya Nje na Ushirikiano wa Afrika Mashariki, Mhe. Dkt Damas Ndumbaro (Mb).
Rais wa Jamhuri ya Muungano wa Tanzania, Mhe. Dkt John Pombe Joseph Magufuli akimpa zawadi ya picha ya kuchora ya wanyama wakuu watano (Big Five) Makamu wa Rais Mtendaji Mwandamizi wa Shirika la Kimataifa la Ushirikiano la Japan (JICA), Bw. Kazuhiko Koshikawa alipokutana na kufanya naye mazungumzo Ikulu jijini Dar es salaa Februari 28, 2019. Kulia ni Naibu Waziri wa Mambo ya Nje na Ushirikiano wa Afrika Mashariki, Mhe. Dkt. Damas Ndumbaro (Mb).
Rais wa Jamhuri ya Muungano wa Tanzania, Mhe. Dkt John Pombe Joseph Magufuli akimpa zawadi ya kinyago cha UJAMAA Makamu wa Rais Mtendaji Mwandamizi wa Shirika la Kimataifa la Ushirikiano la Japan (JICA), Bw. Kazuhiko Koshikawa alipokutana na kufanya naye mazungumzo Ikulu jijini Dar es Salaam Februari 28, 2019. Kulia ni Naibu Waziri wa Mambo ya Nje na Ushirikiano wa Afrika Mashariki, Mhe. Dkt. Damas Ndumbaro (Mb). 
Rais wa Jamhuri ya Muungano wa Tanzania, Mhe. Dkt John Pombe Joseph Magufuli katika picha ya pamoja na Makamu wa Rais Mtendaji Mwandamizi wa Shirika la Kimataifa la Ushirikiano la Japan (JICA), Bw. Kazuhiko Koshikawa (wa tatu Kushoto) na ujumbe wake baada ya kukukutana na kufanya naye mazungumzo Ikulu jijini Dar es salaam Februari 28, 2019. Wa pili kulia ni Naibu Waziri wa Mambo ya Nje na Ushirikiano wa Afrika Mashariki, Mhe. Dkt. Damas Ndumbaro (Mb).
Rais wa Jamhuri ya Muungano wa Tanzania, Mhe. Dkt John Pombe Joseph Magufuli akiagana na Makamu wa Rais Mtendaji Mwandamizi wa Shirika la Kimataifa la Ushirikiano la Japan (JICA) Bw. Kazuhiko Koshikawa (wa tatu Kushoto) na ujumbe wake baada ya kukukutana na kufanya naye mazungumzo Ikulu jijini Dar es salaam Februari 28, 2019. Wa pili kulia ni Naibu Waziri wa Mambo ya Nje na Ushirikiano wa Afrika Mashariki, Mhe. Dkt. Damas Ndumbaro (Mb).

CURRENT VACANCIES AT THE AFRICAN DEVELOPMENT BANK


VODACOM TANZANIA LAUNCHES M-KOBA

Vodacom Tanzania Acting Managing Director, Hisham Hendi (centre) and TPB Bank Director of Marketing, Deogratius Kwiyukwa (second right) shaking hands after launching M-Koba, the first and only digital group savings platform in Tanzania. The platform will enable saving groups to shift their funds from cash to digital in a safe and transparent manner. Looking on is Vodacom Director of Corporate Affairs, Rosalynn Mworia (first right), Vodacom Head of M-Commerce, Epimack Mbeteni (second left) and TPB Bank Chief Manager Operations, Kolimba Tawa (first left). The event was held in Dar es Salaam recently.
Vodacom Tanzania Acting Managing Director, Hisham Hendi (second right) and TPB Bank Director of Marketing, Deogratius Kwiyukwa (first left) officially launching M-Koba, the first and only digital group savings platform in Tanzania. The platform will enable saving groups to shift their funds from cash to digital in a safe and transparent manner. Others are Vodacom Director of Corporate Affairs, Rosalynn Mworia (centre), Vodacom Head of M-Commerce, Epimack Mbeteni (second left) and TPB Chief Manager Operations, Kolimba Tawa (first left).

PRUDENTIAL CAPITAL MARKET UPDATE AS AT 4 MARCH 2019