MINISTER, NAPE NNAUYE VISITS AIRTEL TANZANIA OFFICES

The Minister of Information, Communications and ICT, Nape Nnauye speaks to the Management of Airtel Tanzania Plc when he made a working visit to the company's headquarters in Dar es Salaam recently. During the discussions, Hon. Nape got an opportunity to listen to Airtel’s strategic development plan as well as some of the challenges that the company faces, while explaining the importance of the company in delivering quality communication services to Tanzanians.

Airtel Tanzania Plc Outgoing Managing Director, George Mathen, elaborates on the company's growth as well as its long term plans on delivering quality services to the Minister of Information, Communications and ICT, Nape Nnauye when he made a working visit to the company's headquarters in Dar es Salaam recently. Nape was accompanied by other Leaders from institutions such as UCSAF, TCRA and other officials from the Ministry.

Airtel Tanzania Director of Communications, Beatrice Singano briefs members of the press after the Minister of Information, Communications and ICT made a working visit to the company's premises, aimed at strengthening the relationship between the Government and Mobile phone service providers.

The Minister of Information, Communications and ICT, Nape Nnauye speaks to the new Airtel Tanzania Plc Managing Director, Dinesh Balsingh (centre) as well as the outgoing Airtel Tanzania Plc Managing Director, George Mathen (right).

TANZANIA COMMERCIAL BANK YAZINDUA TAWI JIPYA KATAVI

Mkuu wa Mkoa wa Katavi, Mh. Mwanamvua Mrindoko (kushoto), akikata utepe kuashiria uzinduzi rasmi wa Tawi jipya la Tanzania Commercial Bank (TCB) katika Manispaa ya Mpanda mjini Mkoani Katavi. Kulia ni Mkuu wa Halmashauri ya Wilaya ya Mpanda, Onesmo Buswelu na Meneja wa Tawi la Mpanda Julius Mlang'a pamoja na maofisa wa Kamati ya Ulinzi ya Mkoa pamoja na Maofisa kutoka Tanzania Commercial Bank na Uongozi wa Wilaya.

Mkuu wa Mkoa wa Katavi, Mh. Mwanamvua Mrindoko, akipokea kadi ya ATM kutoka kwa Afisa Mtendaji Mkuu wa Tanzania Commercial Bank, Sabasaba Moshingi (kukhoto), alipofungua akaunti wakati wa hafla ya uzinduzi wa Tawi jipya la Tanzania Commercial Bank lililofunguliwa katika Manispaa ya Mpanda mjini Mkoani Katavi.

Tanzania Commercial Bank (TCB) imezindua tawi jipya Mkoa wa Katavi Wilaya ya Mpanda ikiwa ni jitihada za kusogeza huduma za kibenki kwa wateja na Wananchi kwa ujumla.

Tawi hilo la kwanza kwa taasisi za fedha kuzinduliwa Mkoa Katavi Wilaya ya Mpanda, limezinduliwa rasmi na Mkuu wa Mkoa wa Katavi Mhe. Mwanamvua Mrindoko .

Akizungumza katika uzinduzi huo, Mkurugenzi Mtendaji wa Tanzania Commercial Bank (TCB), Sabasaba Moshingi alisema huo ni mwendelezo wa Tanzania Commercial Bank katika kusogeza huduma kwa wateja wake.

Alisema tawi hilo jipya la Mpanda litarahisisha utoaji huduma za kibenki kwa wateja wake hali ambayo itapunguza mzunguko wa wananchi kuzifuata huduma za kibenki maeneo mengine ya mbali.

Aliongeza kuwa Tanzania Commercial Bank (TCB) imezingatia shughuli za kiuchumi zinazoendeshwa Wilayani humo kwa wafanyabiashara, wafugaji na wakulima na kufungua tawi hilo hivyo wateja hawatalazimika kwenda mjini kupata huduma za kibenki kama hapo awali.

MHE. RAIS SAMIA AKUTANA NA UONGOZI WA BENKI YA NMB

Rais wa Jamhuri ya Muungano wa Tanzania - Mhe. Samia Suluhu Hassan amekutana na kufanya mazungumzo na Uongozi wa Benki ya NMB ulioongozwa na Afisa Mtendaji Mkuu wa Benki hiyo - Ruth Zaipuna.

Rais Samia alifurahishwa na utendaji wa benki hiyo na kuitaka kuendelea kuisaidia Serikali katika juhudi za kukuza uchumi nchini.

USIKOSE GUINEA VS GAMBIA USIKU WA LEO NDANI YA AFCON

Guinea wanakwenda kuvaana na Gambia usiku wa leo ndani ya michuano hii ya AFCON.

@geoff_lea anakwambia ili kupata matangazo haya kwa lugha ya Kiswahili kutoka kwa @ahmedabdallah05 na @maulidkitenge hakikisha unalipia mapema kifurushi cha Bomba TShs 21,000/= tu ili usikose burudani hii ndani ya @dstvtanzania pekee.

Piga *150*53# kulipia sasa ili usikose burudani hii.

#BirianiIendelee

BENKI YA CRDB YATANGAZA PUNGUZO KUBWA LA RIBA LA HADI ASILIMIA 9

  

Mkurugenzi Mtendaji wa Benki ya CRDB, Abdulmajid Nsekela (wa pili kushoto) akizungumza katika mkutano na waandishi wakati wa kutangaza punguzo kubwa la riba katika mikopo ya kundi la wakulima ambapo sasa ni asilimia 9, pamoja na wafanyakazi ambao sasa riba yao itakuwa ni asilimia 13, uliofanyika leo kwenye makao makuu ya Benki hiyo yaliyopo Palm Beach, Dar es salaam. Wengine pichani ni Afisa Mkuu wa Uendeshaji wa Benki ya CRBD, Bruce Mwile (wa pili kulia), Afisa Mkuu wa Fedha wa Benki ya CRDB, Fredrick Nshekanabo (kushoto) pamoja na Mkurugenzi wa Mawasiliano wa Benki ya CRDB, Tully Esther Mwambapa. Nsekela amesema punguzo hilo la riba linakuja kufuatia agizo la Mheshimiwa Rais Samia Suluhu Hassan kwa Benki Kuu kuhusu kupunguza riba za mabenki ili kuchochea ukuaji wa uchumi nchini.

 

Benki ya CRDB leo imetangaza punguzo kubwa la riba katika mikopo kwa kundi la wakulima, pamoja na wafanyakazi. Akizungumza katika mkutano na waandishi wa habari uliofanyika katika Makao Makuu ya benki hiyo yaliyopo barabara ya Ali Hassan Mwinyi, Mkurugenzi Mtendaji wa Benki ya CRDB, Abdulmajid Nsekela amesema punguzo hilo la riba linakuja kufuatia agizo la Mheshimiwa Rais Samia Suluhu Hassan kwa mabenki kuhusu kupunguza riba ili kuchochea ukuaji wa uchumi nchini.

Nsekela amesema katika punguzo hilo, riba ya mikopo ya kilimo imepunguzwa hadi 9% kutoka 20% iliyokuwa ikitozwa hapo awali, huku riba ya mikopo ya wafanyakazi ikipunguzwa kutoka 16% hadi kufikia asilimia 13%. Punguzo hilo la riba, linatoa ahueni kwa wateja wa Benki ya CRDB kulipa mikopo yao kwa riba nafuu, viwango vya chini zaidi vya marejesho ya awali, pamoja na kupata wigo mpana wa kukopa.

“Kwa ushirikiano mkubwa na Benki Kuu ya Tanzania ambae ndie msimamizi wa sekta ya benki nchini, mwishoni mwa mwaka jana tuliweza kukaa chini na kuanza utekelezaji wa mchakato wa kupitia upya riba za mikopo mbalimbali inayotolewa na Benki yetu na hivyo ninajivunia kuona leo hii tumekuja na suluhisho la kilio cha muda mrefu cha wateja wetu,” amesema Nsekela huku akiwahamasisha wateja na Watanzania kuchangamkia fursa hiyo.

Kwa upande wa mikopo ya kilimo Nsekela amesema punguzo hilo la hadi 9% ni kubwa kupata kutokea katika soko, huku akibainisha kuwa benki hiyo imetoa punguzo hilo ili kusaidia kuimarisha sekta ya kilimo ambayo huchangia 26% ya pato la Taifa na kutoa ajira kwa 75% ya Watanzania. “Lengo letu ni kuchochea kasi ya mapinduzi katika sekta ya kilimo nchini kwa kuwawezesha wakulima wadogo na wakati kufanya kilimo cha kisasa kupitia mikopo nafuu ya pembejeo na zana za kilimo,” amesema Nsekela.

Benki ya CRDB ndio inayoongoza nchini kwa kutoa mikopo kwenye sekta ya kilimo kwa kutoa asilimia 40 ya mikopo yote ya kilimo nchini. Punguzo hilo la riba katika mikopo ya kilimo inadhihirisha azma ya Benki hiyo katika kuunga juhudi za serikali za kuwaletea watanzania maendeleo kwa vitendo. Katika kipindi cha miaka mitatu iliyopita, Benki ya CRDB imetoa mikopo ya zaidi ya shilingi 1.6 trilioni kwa wadau wote katika mnyororo wa thamani katika kilimo.

Akielezea punguzo la riba kwa mikopo ya wafanyakazi, Nsekela amesema benki hiyo imejipanga kuendelea kuboresha ustawi wa wafanyakazi nchini kupitia mikopo ya riba nafuu. “Wafanyakazi ni kundi muhimu kwa Benki yetu ndio maana tumekuwa tukiboresha kwenye riba ya mikopo ya kundi hili kila mwaka ili kuwasidia kufikia malengo waliyojiwekea jambo ambalo litaongeza ufanisi katika maeneo yao ya kazi,” amesema Nsekela.

Nsekela amewataka wafanyakazi kuchangamkia fursa hiyo ya kushuka kwa riba kuimarisha kuboresha maisha yao kwa kuanzisha shughuli mbalimbali za kiuchumi, huku akiwaasa kutokopa bila ya kuwa na malengo. “Hii ni mara ya tatu ndani ya miaka mitano iliyopita kwa Benki yetu kupunguza riba ya mikopo ya wafanyakazi, matarajio yetu ni kuwa wafanyakazi watachangamkia fursa hii ili kuboresha maisha yao na hilo ndo haswa lengo la Benki ya CRDB.”

“Viwango vikubwa katika tozo za mikopo imekuwa changamoto kwa watanzania wengi hasa wale wa daraja la kati na la chini lakini sasa tunaamini kuwa hata wale ambao hawakuweza kukopa sasa watatumia fursa hii kuboresha biashara zao na maisha yao kwa ujumla. Lakini pia tunaamini ndiyo maono hasa ya Mheshimiwa Rais kuona Watanzania wakishiriki kwa wingi katika shughuli za kiuchumi,” aliongeza Nsekela.

Kwa miezi kadhaa sasa Serikali kupitia Benki Kuu ya Tanzania (BOT) imekuwa ikitoa wito kwa taasisi za fedha kupunguza riba kwa wateja ili kuimarisha uchumi. Kufanikisha hilo Benki Kuu imechukua hatua mbalimbali za kisera ikiwamo kupunguza kiwango cha sehemu ya amana za mabenki kinachotakiwa kuwekwa Benki Kuu, pamoja na kuanzisha mfuko maalum wenye thamani ya shilingi trilioni moja ambao utatumika kukopesha mabenki na taasisi za fedha kwa riba ya nafuu, ili ziweze kukopesha sekta binafsi.

Kwa mujibu wa Nsekela, hatua hizi mpya za Serikali zinasaidia kuchochea ukuaji wa uchumi, kwa kuziwezesha benki nyingi kuwa na ukwasi wa kutosha kukopesha wateja kwa riba nafuu kama ambavyo imefanywa na Benki ya CRDB. Nsekela alimalizia kwa kusisitiza kuwa Benki ya CRDB itaendelea kushirikiana kwa karibu na Serikali kupitia Benki Kuu ili kuhakikisha uchumi wa nchi unaimarika kupitia uwezeshaji wa sekta zote za maendeleo.

TANZANIA’S AVOCADOS NOW HIT INDIAN MARKETS

Agriculture Deputy Minister, Antony Mavunde (second left) listens to ATCL Managing Director, Ladislaus Matindi (right) during the launch of the maiden shipment of Tanzanian avocados to India at Julius Nyerere International Airport in Da es Salaam recently. Centre is Kamal Group Director, Sameer Santosh Gupta who is the coordinator of the Avocado market in India.

Dar es Salaam - Efforts to find international markets for Tanzania’s avocados achieved a milestone after a maiden consignment was exported to India on Friday. This is good news to smallholder growers, traders and the government alike.

Tanzania has already secured permits to access India and South African markets and now, Tanzania Horticultural Association (Taha) and the government are working to open the China avocado market.

Agriculture deputy minister Antony Mavunde said India granted market access to Tanzania’s avocados last November.

Mr Mavunde was speaking at the Julius Nyerere International Airport (JNIA) before the Air Tanzania Company Limited’s (ATCL) Boeing 787-8 Dreamliner carrying two tonnes of the fruit, took off.

“This is an opportunity that we need to capitalise on in order to up our avocado exports,” he said.

He said out of 40,000 tonnes of avocados that Tanzania is currently producing per annum, only 9,000 tonnes were being exported.

Mr Mavunde said the government had plans to establish a common user facility meant for receiving avocado from farmers, rating and grading them to ensure they meet international standards.

Kamal Steel Limited director Sameer Santosh Gupta, who is the champion of the market, detailed how the Dar es Salaam-based company worked with relevant authorities in Tanzania and India to ensure that the latter allows the avocado entry into its supermarkets. “Whenever I went to India, I could buy avocados from Peru, Mexico and New Zealand while I understand we have a lot of tasty avocadoes here in Tanzania. That’s how the journey started,” he said.

Despite being largely engaged in steel production, he said, the company understands that agriculture accounts for a good share of Tanzania’s economy.

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STANBIC BANK RE-LAUNCHES ITS BRANCH IN KARIAKOO

The Dar es Salaam Regional Commissioner, Amos Makala (second left) cuts a ribbon to mark the official re-opening of the Stanbic Bank Kariakoo branch recently. Others in the picture are Stanbic Bank Tanzania Chief Executive, Kevin Wingfield (second right) and Stanbic Bank Head of Consumer and High Net Worth Clients, Omari Mtiga (first left).

Stanbic Bank Tanzania has re-located and re-opened, its full-service branch in Kariakoo, following the fire outbreak at Kariakoo market where the branch was initially located and impacted. The branch is now located at Plot no 24, Block “56”, Narung’ombe/Sikukuu Street, Kariakoo area. The launch ceremony was graced by Dar es Salaam Regional Commissioner, H.E. Amos Makala as guest of honor.

Speaking during the launch, Stanbic Bank Tanzania Chief Executive, Kevin Wingfield said the move was strategic and meant to continue serving the SMEs located in Kariakoo and nearby areas. “Our Kariakoo Branch has existed for over 10 years. We have chosen to stay in the Kariakoo area because we understand the importance of the contribution of SMEs in Kariakoo to the national economy as well as neighbouring countries.” Mr. Wingfield added that through this newly located branch, the bank will continue addressing the unique financial needs of its customers including; individuals, entrepreneurs, and businesses, as well as showcase its products and services to a whole new set of potential customers within the footfall of the branch.

HOPE AS TANZANIA STARTS EXPORTING AVOCADO TO INDIA

Agriculture Deputy Minister, Antony Mavunde (second left) listens to ATCL Managing Director, Ladislaus Matindi (right) during the launch of the maiden shipment of Tanzanian avocados to India at the Julius Nyerere International Airport in Dar es Salaam over the weekend. From left is Indian High Commissioner to Tanzania, Mr Binaya Srikanta Pradhan, Kamal Group Managing Director Sameer Santosh Gupta, who coordinated the avocado market in India while far right is Tanzania Horticulture Association Chief Executive Officer, Jacqueline Mkindi.

Dar es Salaam - Tanzania sent its maiden batch of the country’s first avocado consignment to India over the weekend in what promises a bright future for horticultural farmers.

Deputy Minister for Agriculture, Mr Anthony Mavunde saw the Air Tanzania flight carrying two tonnes of Hass Avocado leaving Terminal Three at Julius Nyerere International Airport for Mumbai over the weekend.

Speaking during the event, Mr Mavunde said Tanzania produces an average of 40,000 tonnes per year of avocado but noted that only 9,500 tonnes were being exported.

“Our country has massive opportunities in avocado production. We will continue sensitising farmers so they can produce productively,” he said.

ZAWADI 'NMB MASTABATA - KIVYAKO VYAKO' ZAFIKIA MIL. 30/-

Ofisa Mwandamizi Idara ya Kadi NMB, Said Kiwanga akibofya kitufe kutafuta washindi kwenye droo ya tatu ya NMB MastaBata Kivyakovyako iliyochezeshwa hivi karibuni jijini Dar es Salaam. Kushoto ni Mwakilishi wa Bodi ya Michezo ya Kubahatisha Nchini, Elibariki Sengasenga pamoja na Ofisa Huduma kwa Wateja Makao Makuu NMB, Suzan Manga.

Ofisa Huduma kwa Wateja Makao Makuu NMB, Suzan Manga (kulia) akizungumza na mmoja wa washindi wa droo ya tatu ya NMB MastaBata Kivyakovyako iliyochezeshwa hivi karibuni jijini Dar es Salaam. Katikati ni Ofisa Mwandamizi Idara ya Kadi NMB, Bw. Said Kiwanga pamoja na Mwakilishi wa Bodiya Michezo ya Kubahatisha Nchini, Elibariki Sengasenga wakifuatilia tukio hilo.

Wateja 100 wa Wiki ya Tatu ya Kampeni ya 'NMB MastaBata - Kivyako Vyako,' wamepatikana siku ya Alhamisi Januari 20, na kutwaa jumla ya Sh. Milioni 10, hivyo kufanya zawadi zilizotolewa hadi sasa kufikia Sh. Mil. 30 kati ya zaidi ya Sh. Mil. 200 zinazoshindaniwa.

NMB MastaBata ni kampeni ya wiki 10 inayoendeshwa na Benki ya NMB, ikilenga kuhamasisha wateja kufanya malipo na manunuzi kwa njia ya kadi za MasterCard, Masterpass QR, Vituo vya Mauzo (PoS) na mtandaoni, ambako zaidi ya wateja 1,080 watazawadiwa pesa taslimu.

Katika kampeni hiyo (ambayo huu Ni msimu wake wa tatu), wateja 100 kila wiki huzawadiwa Sh. 100,000 kila mmoja, huku washindi 25 wa droo za mwisho wa mwezi wakijishindia kiasi hicho cha pesa, ambako 'Grande Finale' ikitarajia kutoa washindi 30 watakaojinyakulia Sh. Milioni 3 kila mmoja.

INSIDE TANZANIA’S REMITTANCE BUSINESS

Tanzania was the first country in the world to implement financial interoperability. What does this mean for digital finance in the country?

It has now been seven years since Tanzania enabled interoperability of digital finance. As such, consumers of one mobile money scheme have been able to transfer cash to a client of a rival mobile money scheme. This has meant that remittance customers now find it easier to send money to a bank or to a mobile money account without much hassle.

Additionally, this has enabled digital money transfer services to work with the CRDB Bank, People’s Bank of Zanzibar and Equity Bank Tanzania, where customers can cash in and out their money at any of the banks’ branches countrywide, within minutes with 288 WorldRemit cash pickup locations across the country.

Interoperability remains vital, as it allows users to keep the transaction digital from beginning to end, eliminating the need to convert to cash on a regular basis. This has made it easier for Tanzanian innovators to create relatively affordable solutions for receiving and sending money with ease via mobile devices or via a website.

As a result, access to financial services for the unbanked has expanded dramatically. Interoperability in Tanzania has also come with the benefits of convenience, as payments are now faster, more cost effective and secure for all parties involved. Remittance services have found a conducive operating environment in Tanzania, with interoperability acting as a foundational step in boosting financial access.

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EXIM BANK PLANS MERGER WITH FIRST NATIONAL BANK

The Tanzania Fair Competition Commission (FCC) is reviewing plans by Exim Bank Tanzania to acquire the First National Bank Tanzania Ltd (FNB).

The Tanzania Fair Competition Commission (FCC) is reviewing plans by Exim Bank Tanzania to acquire the First National Bank Tanzania Ltd (FNB).

In a notice, FCC says it has received “a merger application notification by Exim Bank Tanzania Ltd to acquire certain assets and liabilities of First National Bank Tanzania Ltd.”

FCC noted that on October 26, 2021, Exim Bank Tanzania signed the offer for acquisition of assets and liabilities of South Africa’s First National Bank’s subsidiary.

"Fair Competition Agency alerts all petitioners both legal and natural to file their case within fourteen days from January 10," FCC said in the notice.

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TANZANIA COMMERCIAL BANK YATINGA MKOA WA KAGERA YATATUA CHANGAMOTO YA MADARASA, VYOO, MADAWATI

Katibu Tawala Mkoa wa Kagera Prof: Faustin Kamuzora (wa pili kushoto), akikata utepe wakati akikabidhiwa msaada wa jengo la madarasa, vyoo, pamoja na madawati mapya 50 lililokarabatiwa na Tanzania Commercial Bank (TCB). Hafla ya makabidhiano hayo yalifanyika katika Shule ya Msingi Kitunga iliyopo Wilaya ya Muleba, Mkoani Kagera. Kushoto ni Mkurugenzi wa Biashara Wateja Wakubwa wa Tanzania Commercial Bank Adolfina William, Mkurugenzi wa Mipango na Mikakati wa Benki hiyo Muondakweli Kaniki pamoja na Mkuu wa Shule hiyo Hashim Kibaiza.

Mkurugenzi wa Biashara Wateja Wakubwa wa Tanzania Commercial Bank, Adolfina William akizungumza wakati wa hafla ya kukabidhi misaada hiyo.

Katibu Tawala wa Mkoa wa Kagera Prof Faustin Kamuzora amewataka wazazi na wakazi wa Mkoa wa Kagera kusaidiana na serikali katika kutatua changamoto za walimu.

Hayo ameyasema wakati wa kukabidhiwa ukarabati wa madarasa, madawati na Choo kilichojengwa na Tanzania Commercial Bank (TCB) kitakachosaidia kuboresha mazingira rafiki ya walimu kufundisha.

Prof Kamuzora amesema, wazazi na walezi wengi wa watoto wamesoma katika shule hiyo ila walimu wamekuwa na changamoto ya mazingira ambayo si rafiki na inaweza kupelekea walimu hao kuondoka na kwenda sehemu zingine.

DStv INAKULETEA MCHONGO WA PANDA TUKUPANDISHE

 
Baada ya kutoka sare ya 1-1 walipokutana na Brighton, Chelsea Jumapili hii watakwenda kuvaana na Tottenham.

Hii si ya kukosa wala kuhadithiwa...

Lipia mapema kifurushi cha Compact ili usikose burudani hii.

Na kupitia mchongo wa Panda Tukupandishe kutoka @dstvtanzania wewe mteja wa Bomba panda sasa na lipia kifurushi cha Shangwe TShs 31,000/= tu nasi Tukupandishe mpaka Compact ili uweze kutazama mechi hii na mechi zote za EPL.

Kulipia kwa urahisi piga *150*53#

Vigezo Na Masharti Kuzingatiwa

#BirianiIendelee
#PandaTukupandishe

MWINYI UAE VISIT BOOSTS ISLES HOSPITALITY INDUSTRY

Two new 5-Star Hotels will be constructed in Zanzibar, as the Isles seek to continue maintaining its place as home to the most exquisite and luxurious state-of-the-art facilities in the country.

This latest development comes as a result of President Hussein Mwinyi's visit to Abu Dhabi in the United Arab Emirates (UAE). The 3-day visit, which started on Sunday ends today.

On his second day, President Mwinyi witnessed the signing of major investments of the Hotel projects between the Government of Zanzibar and Eagle Hills Regional Properties Company of the UAE.

The Chairman of Eagle Hills, an Abu Dhabi based private Real Estate Investment and Development Company, Mr. Mohamed Ali Rashid Alabbar and the Zanzibar Investment Promotion Authority (ZIPA) Director, Mr. Sharif Ali Sharif, signed the deal.

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USIKOSE MECHI YA MARUDIANO KATI YA ARSENAL NA LIVERPOOL NDANI YA NUSU FAINALI CARABAO CUP

Mechi ya marudiano kati ya Arsenal na Liverpool ndani ya nusu fainali Carabao Cup itafanyika Alhamis hii.

Huu hapa ni mchongo! Kutoka @dstvtanzania

Kupitia ofa ya Panda Tukupandishe wewe mteja wa Bomba Panda sasa na lipia kifurushi cha Shangwe TShs 31,000/= tukupandishe mpaka Compact bila malipo ya ziada utape kufurahia mechi hii Live.

*Vigezo na Masharti Kuzingatiwa*

#PandaTukupandishe

ADMISSION OF DRC INTO EAC BLOC ENTERS FINAL STAGES

DR Congo President Felix Tshisekedi speaks during a joint press conference at the end of the Summit on the Financing of African Economies in Paris on May 18, 2021. The DRC begins penultimate steps to be formally admitted into the East African Community.

The Democratic Republic of Congo has begun penultimate steps to be formally admitted into the East African Community, signalling an additional market of 90 million people for the bloc.

In Nairobi on Monday, officials of the bloc launched negotiations with Kinshasa, promising to reach a conclusion before the planned timelines of March this year when the DRC is expected to be rubberstamped by the Community’s Summit as the seventh member.

“The EAC Council of Ministers is fully committed to drive this process to a conclusion. We all must jointly work tirelessly towards this venture,” said Adan Mohamed, Kenya’s Cabinet Secretary for East African Affairs and the current chairman of the Council of Ministers for the bloc.

Mohamed spoke Monday at the official launch of negotiations at Nairobi’s Windsor Golf Hotel and Country Club, where the bloc will be ticking off crucial requirements for Kinshasa to meet, including agreeing to adopt certain laws on trade tariffs, customs, and movement of labour, to be in harmony with the bloc’s members.

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WHAT EXIM BANK BUYOUT OF FNB KEY ASSETS MEANS

Dar es Salaam - Exim Bank Tanzania is acquiring some assets and liabilities of First National Bank (FNB) Tanzania Limited in a move that could boost the lenders’ financial performance.

Exim Bank Tanzania signed the offer to acquire certain assets and liabilities of FNB Tanzania on October 26, 2021, paving the way for regulators to start scrutinising the deal, the Fair Competition Commission (FCC) announced in a statement that was posted on its website on January 10, 2022.

“On 26th October, 2021, the acquiring firm signed the offer for acquisition of assets and liabilities whereby the acquiring firm expressed its intention to acquire certain assets and liabilities of the target firm,” the statement reads in part.

Though the value of assets and liabilities to be acquired in the deal could not be immediately made public, records show that FNB’s assets stood at Sh163.7 billion at the end of September last year. Its total liabilities stood at Sh115.459 billion during the same period.

Banks mostly use customer deposits in their lending obligations. Until September 30, 2021, FNB held a total of Sh87.7 billion in customer deposits. It had, however, availed a total of Sh71.7 billion in loans, advances and overdrafts until the same period. This means that its loan-to-deposit ratio (LDR) stood at close to 80 percent.

FNB’s total cumulative loss grew to Sh12.9 billion during the period to September 2021, up from Sh10.8 billion during a similar period the preceding year.

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DUBAI DROPS UGANDA FROM RED LIST AS IT RETAINS TANZANIA AND KENYA

Tanzania and Kenya are still locked in Dubai’s ‘Red List’ even as it removed five African countries whose citizens had been barred from visiting the United Arab Emirates (UAE).

UAE left Kenya and Tanzania out in its latest review, which saw Ghana, Angola, Uganda, Guinea and Cote d’Ivoire allowed admission to the middle-eastern state.

“With effect from January 13, Emirates will resume passenger services to and from Guinea (CKY), Cote d’Ivoire (ABJ), Ghana (ACC), Uganda (EBB) and Republic of Angola (Luanda),” reads a statement from the carrier’s website.

The aviation regulator told the Business Daily last week that Dubai had asked Kenya to put its house in order first before it could review the flight ban, which was reciprocated by Nairobi in kind last week.

At the heart of the conflict is travellers from Nairobi and Dar who were testing positive for Covid-19 after arrival in the Middle East nation, despite carrying negative test results.

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TANZANIA, BURUNDI SIGN MULTI MILLION-DOLLAR SGR DEAL

Tanzania on Sunday signed a multimillion-dollar deal with neighbouring Burundi to build a Standard Gauge Railway (SGR) linking Gitega to the Indian Ocean.

The planned 282 kilometre SGR railway line will run from Uvinza in Tanzania's Kigoma region to Gitega in Burundi.

“Today, Prof Makame Mbarawa and I, we signed a bilateral agreement with the government of Burundi to build a Standard Gauge Railway (SGR) from Uvinza, Tanzania, to Gitega, Burundi,” said Mwigulu Nchemba, Tanzania’s Minister of Finance and Planning.

Without revealing how much the project would cost, Mwigulu said the two countries have agreed to jointly finance the project.

“We have agreed with my counterpart, Minister of Finance in Burundi, to look for areas we can get fund to jointly finance the project,” adds Mwigulu.

USIKOSE MALAWI VS SENEGAL LEO NDANI YA AFCON

Jumanne ya leo ndani ya AFCON Malawi wanakwenda kuvaana na Senegal.

@dstvtanzania wanakupa kutazama mechi hii Live tena kwa Lugha Adhimu ya kiswahili kutoka kwa mtangazaji wako mahiri @oscaroscarjr kupitia kifurushi cha Bomba kwa TShs 21,000/= tu.

Piga *150*53# kulipia kwa urahisi zaid.

#BirianiIendelee

100 'WALAMBA' MILIONI 10/- ZA WIKI YA PILI NMB MASTABATA

Meneja Kitengo cha Kadi Benki ya NMB, Sophia Mwamwitwa, akibonyeza kitufe cha kompyuta kutafuta washindi wa droo ya NMB MastaBata Kivyako Vyako iliyofanyika jijini Dar es Salaam hivi karibuni. Kulia ni ofisa Kitengo cha Kadi Benki ya NMB, Mary Mwasikili na kushoto ni Ofisa kutoka Bodi ya Michezo ya Kubahatisha, Pendo Mfuru.

Ofisa Kitengo cha Kadi Benki ya NMB, Mary Mwasikili, akizungumza na mmoja wa wateja walioshinda katika droo ya pili ya Kampeni ya ‘NMB MastaBata Kivyako Vyako’ iliyofanyika jijini Dar es Salaam hivi karibuni. Katikati ni Meneja Kitengo cha Kadi Benki ya NMB, Sophia Mwamwitwa na kushoto ni Ofisa kutoka Bodi ya Michezo ya Kubahatisha, Pendo Mfuru.

Kampeni ya 'NMB MastaBata - Kivyako Vyako', inayoendeshwa na Benki ya NMB imeezidi kushika kasi ambako wateja 100 wa Benki hiyo wametangazwa washindi wa Sh. Milioni 10 za droo ya wiki ya pili.

NMB MastaBata ni kampeni inayolenga Kuhamasisha Matumizi na Malipo kwa njia ya MasterCard, Masterpass QR na PoS, ambako NMB imetenga zaidi ya Sh Mil. 200 zinazoshindaniwa katika kipindi cha wiki 10, huku washindi wakipewa pesa taslimu ili kuwapa uhuru wa kujipangia matumizi.

Akizungumza kabla ya droo ya Wiki ya Pili iliyofanyika jijini Dar es Salaam, Meneja wa Kitengo cha Kadi wa NMB, Sophia Mwamwitwa, alisema kampeni hiyo inapewa msukumo wa mahitaji ya ulimwengu wa kisasa unaoamini katika matumizi yasiyohusisha pesa taslimu, ambayo yanakabiliwa na changamoto kadhaa, zikiwamo za upotevu na wizi.

USIKOSE KUTAZAMA TOTTENHAM VS ARSENAL NDANI YA DStv

⚽Tottenham vs Arsenal! Itakua ni mechi ya kufa na kupona!

@maestro_ibrahim anakupa mchongo wewe mteja wa kifurushi cha Bomba ili uweze kutazama mechi hii.

Kupitia ofa ya Panda Tukupandishe, Panda sasa na ulipie kifurushi cha Shangwe TShs 31,000/= tu na DStv ikupandishe hadi kifurushi cha Compact bila malipo ya ziada, na ufurahie mechi zote za #EPL.

Piga *150*53# kulipia kifurushi chako mapema.

#PandaTukupandishe

APPOINTMENT OF MR DINESH BALSINGH AS MANAGING DIRECTOR OF AIRTEL TANZANIA PLC

Dar es Salaam Monday 12 January 2022: Airtel Tanzania Plc has announced a change in its leadership team with the appointment of Mr Dinesh Balsingh as Managing Director Designate for Airtel Tanzania PLC, following the resignation of Mr George Mathen, Mr Balsingh will assume office from January 2022.

By qualification Mr Dinesh Balsingh is a Sales and Marketing professional with over 20 years of experience within the Telecoms industry, having worked across multiple geographies and roles. He has led various functions such as Sales, Marketing and Customer Service during his career and has strong leadership experience of managing Country operations in India and Nigeria.

Mr Balsingh started his career with Hutchison Essar Ltd in 2000. He later moved to Airtel in 2006 and Tata Docomo in 2011. Thereafter, he rejoined Airtel in Nigeria where most recently, he delivered significant market share growth in his role as Chief Commercial Officer. Balsingh holds a Master’s Degree in Business Administration from Thiagarajar School of Management.

BENKI YA NCBA YAHITIMISHA BAHATI NASIBU YA 'SHINDO LA AKIBA' KWA KISHINDO

Mkuu wa Biashara ya Fedha na Suluhu za Usimamizi, Bw Khalifa Zidadu (katikati), Kaimu Mkuu wa Huduma za Wateja Binafsi na Bima wa Benki ya NCBA Tanzania (kulia), Bw Rahim Kanji, Meneja wa Tawi la Amani Place Benki ya NCBA Tanzania (kushoto) na Bi Neema kutoka Bodi ya Michezo na kubahatisha Tanzania (Kushoto) wakiongea wakati wa droo ya mwisho ya shindano la ‘Shindo la Akiba’.

Kaimu Mkuu wa Huduma za Wateja na Bima wa benki ya NCBA Tanzania, Bw Rahim Kanji (kulia) akiongea na Mshindi Mkuu aliyeshinda shilingi za kitanzania Milioni 10 hapo katika droo la mwisho ya droo ya ‘Shindo la Akiba’. Kushoto kwake ni Bw. Khalifa Zidadu, Mkuu wa Biashara ya Fedha na Suluhu za Usimamizi wa Fedha.

Moja ya zawadi walizoshinda washindi wakati wa droo katika kampeni ya Shindo la Akiba.

CLYDE & CO UPDATER - FINANCIAL INSTITUTIONS IN TANZANIA HAVE THE RIGHT TO CLAIM OUTSTANDING LOAN BALANCES FROM BORROWERS AFTER MORTGAGED PROPERTIES SALE

The Tanzanian Court of Appeal has put forward a judgement in relation to the right of financial institutions to claim the outstanding loan balance from borrowers after sale of the mortgaged properties. We take a closer look at this scenario, specifically after the lender has failed to obtain the full loan amount from the proceeds of a sale of the mortgaged properties. This judgement was delivered on 21 December 2021 and below we set out our analysis on the facts presented by the Court of Appeal.

Background:

As per the Judgement, the Court of Appeal has expressly cemented on the position that a mortgagee who fails to realise the full loan amount from the proceeds of the mortgage through a valid sale or auction, is not barred from claiming the outstanding loan balance from the mortgagor.

The Judgement subject to this update is in respect of an appeal registered as Civil Appeal No. 29 of 2019 which was between CRDB Bank PLC (CRDB Bank) v. True Colour Limited (TCL) and James Vicent Mgaya (the Purchaser).

Key Points:

TCL had filed a suit in the High Court of Tanzania against CRDB Bank and others regarding the sale of mortgaged properties which had a forced sale value of over Tshs 1.9 Billion. The said properties had been mortgaged by TCL to CRDB Bank to secure a loan. TCL defaulted on its payments, and the mortgaged properties were sold by auction at the price of Tshs.700 Million less than its forced sale value of over Tshs 1.9 Billion.

In the suit, TCL sought an order for nullification of the sale of the mortgaged properties and in the alternative, to be relieved from liability to pay the loan balance (the remaining balance from Tshs 1.9 Billion after deducting Tshs700 Million).

The High Court of Tanzania dismissed the claim for nullification of sale for want of proof, and further, on the alternative claim, it discharged TCL from further liability for the reason that CRDB Bank had assumed their own risk when they accepted a price of Tshs. 700 Million which was lesser than the secured amount.

CRDB Bank was aggrieved by the High Court's decision and lodged the appeal to the Court of Appeal of Tanzania on the ground that the High Court was wrong to relieve TCL from paying the balance of the loan while TCL had admitted her liability of more than Tshs.1.9 Billion towards CRDB Bank.

On the other hand, TCL submitted that since the purpose behind a secured loan is to ensure that the same is recoverable, CRDB Bank assumed its own risk by selling the mortgaged properties at a low value than the total liability owed. TCL also relied on conflicting decisions of the High Court which held that a lender who sells a mortgaged property at a price less than the loan amount should blame themselves for accepting an inferior security and cannot be allowed to pursue the balance against the borrower.

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USIKOSE NIGERIA VS EGYPT KATIKA MICHUANO YA AFCON LEO

Historia inakwenda kuandikwa tena kwenye ulimwengu wa kimichezo, ambapo Jumanne hii Nigeria watavaana na watoto wa Farao Egypt katika michuano hii ya AFCON ndani ya @dstvtanzania pekee.

Uhondo ni kuwa @geoff_lea atakuletea matangazo ya moja kwa moja ya lugha ya kiswahili katika mechi hii.

Hakikisha unalipia mapema kifurushi chako cha Bomba TShs 21,000/= tu ili usikose burudani hii kwa kupiga *150*53#

#BirianiIendelee

DStv YAFUNGUA MWAKA NA PANDA TUKUPANDISHE

Ameshatwaa Champions League na UEFA Super Cup ndani ya Chelsea ....Thomas Tuchel hajamaliza anataka na makombe yaliyopo England mojawapo ni hili la FA Cup. Chesterfield kazi wanayo ni ndani ya @dstvtanzania pekee..

@abouliongo anakwambia utapata kutazama mechi hii Kupitia kifurushi cha Compact kwa TShs 51,000 tu.

Wewe mteja wa kifurushi cha Bomba panda sasa kwa kulipia kifurushi cha Shangwe TShs 31,000/= DStv ikupandishe mpaka kifurushi cha Compact bila malipo ya ziada ili uweze kufurahia michuano hii.

Vigezo na Masharti kuzingatiwa.

#BirianiIendelee

#PandaTukupandishe

NMB BANK PICKS FIRST 100 MASTABATA CAMPAIGN WINNERS

NMB Bank’s Senior Manager, Personal Lending, Ally Ngingite speaks before running the first Mastabata Kivyako Vyako campaign in Dar es Salaam. From left is NMB Bank’s Senior Manager for Issuing Business, Manfredy Kayala and a representative from Gaming Board of Tanzania, Joran Mtafya.

The first draw of NMB Bank’s Mastabata-Kivyako Vyako reward campaign was held recently in Dar es Salaam with the first 100 winners of the promotion pocketing TZS 10 million in prize money.

The digital finance competition was launched mid last month to promote the use of Mastercard payment cards as part of NMB’s support to national efforts to establisha less cash society.

NMB is also using the digital economy drive to reward loyal customers who have transformed with the bank in its digital transformation journey.

Speaking at the draw to pick the first weekly winners of the new MastaBata campaign, Senior Personal Banking Manager, Mr Ally Ngingite, said over TZS 200 million will be won during the three months of the promotion.

“This is the third edition of the MastaBata campaign that started in 2018 to encourage and motivate both customers and noncustomers of NMB Bank to use Mastercard cards when making payments and undertaking e-commerce transactions,” the personal loans expert noted before the raffle.

DStv YAFUNGUA MWAKA NA PANDA TUKUPANDISHE!

Mkuu wa kitengo cha Uhifadhi Wateja MultiChoice Tanzania, Hilda Nakajumo akizungumza katika uzinduzi wa kampeni maalum ya kufungua mwaka ya Panda Tukupandishe mapema leo katika makao makuu ya ofisi za MultiChoice Tanzania.

Afisa Masoko wa MultiChoice Tanzania, Shumbana Walwa akitoa ufafanuzi wa kampeni maalum ya Panda Tukupandishe mapema leo katika hafla ya uzinduzi huo uliofanyika leo katika makao makuu ya ofisi za MultiChoice Tanzania.

Afisa Masoko wa MultiChoice Tanzania, Shumbana Walwa akimtambulisha mmoja kati ya wachambuzi mahiri wa soka, Ibrahim Maestro katika uzinduzi wa kampeni ya Panda Tukupandishe iliyofanyika leo katika makao makuu ya MultiChoice Tanzania.

Baadhi ya wafanyakazi wa MultiChoice Tanzania katika picha ya pamoja wakati wa uzinduzi wa kampeni kabambe ya Panda Tukupandishe iliyofanyika mapema leo katika makao makuu ya MultiChoice Tanzania.

Mwaka 2022 unaanza na habari njema kwa wateja wa DStv! Kuanzia tarehe 5 Januari 2022, DStv itaanza promosheni yake kabambe ijulikanayo kama ‘Panda Tukupandishe’ ambapo wateja wa DStv watapatiwa vifurushi vya juu ili kufurahia zaidi burudani katika kipindi hiki cha mwanzo wa mwaka.

Promosheni hii itadumu kwa miezi mitatu na ni kwa wateja wa vifurushi vya DStv Poa, Bomba, Shangwe na Compact.

Akitangaza promosheni hiyo, Mkuu wa kitengo cha Uhifadhi Wateja wa MultiChoice Tanzania Hilda Nakajumo, amesema kuwa katika promosheni hiyo, mteja wa DStv atakayelipia kifurushi cha juu ya kile anachotumia atapandishwa na kupewa kifurushi cha juu zaidi kwa mwezi mmoja bila gharama za ziada. Mathalan, mteja wa DStv Poa (Sh 9,900) akilipia kifurushi cha juu yake ambacho ni DStv Bomba (Sh 21,000) atapandishwa na kupewa kifurushi cha DStv Shangwe (Sh 31,000) chenye chaneli zaidi ya 100

KAMPUNI YA BIA YA SERENGETI KUENDELEA KUSAIDIA MAENDELEO YA KIJAMII NA KIUCHUMI

Kampuni ya Bia ya Serengeti (SBL) kupitia mradi wa kusaidia baa kupambana na ugonjwa wa UVIKO-19 maarufu kama Raise the Bar inatoa vifaa mbali mbali vinavyosaidia kuboresha usafi wa mazingira ya baa na hivyo kulinda afya za wateja. Kupitia mradi huu SBL imtenga zaidi ya shilingi bilioni 2.

Wakati taifa likiuaga mwaka 2021 na kuukaribisha mwaka 2022, Kampuni ya Bia ya Serengeti (SBL) imesema itaendelea na jitihada zake za kuchangia maendeleo ya kijamii na kiuchumi kwenye nyanja mbali mbali ikiwamo kilimo, mazingira, elimu pamoja na michezo.

Mwendelezo wa hatua hii ya SBL unakuja wakati Serikali ikitilia mkazo suala la ushirikiano kati ya sekta binafsi ya umma katika kuwaletea wananchi maendeleo katika sehemu mbali mbali hapa nchini.

Mkurugenzi wa Mahusiano kwa Umma wa SBL wa John Wanyancha alisema kuwa kampuni hiyo imekuwa mstari wa mbele katika kyusidia jamii na kuongeza kuwa itaendeleza jitihida hizo ikiwa ni sehemu ya kuiunga mkono Serikali katika kuboesha maisha ya watanzania.