BENKI YA EXIM YAANDAA KAMPENI YA KUCHANGIA DAMU MIKOA MITANO

Mkuu wa Kitengo cha Masoko na Mawasilano kutoka Benki ya Exim - Stanley Kafu, akichangia damu kwenye kampeni ya kuchangia damu iliyoandaliwa na Benki ya Exim kwa kushirikiana na Mpango wa Taifa wa Damu Salama (NBTS) iliyofanyika viwanja vya Mnazi Mmoja jijini Dar es Salaam. Exim Bank imekuwa mdau mkubwa wa uchangiaji damu kwa miaka kadhaa sasa na hii ni sehemu ya mpango wa kitaifa wa uchangiaji damu unaoratibiwa na Benki ya Exim kwa kushirikiana na NBTS utakaofanyika katika mikoa mitano. Kushoto ni Mtaalamu wa Maabara - Gisbert Ruseruka.

EURO 2024 NI BONGE LA DILI NDANI YA DStv! ZIMEBAKI SIKU 2

BENKI YA NMB YATOA GAWIO LA SHILINGI BILIONI 57.4 KWA SERIKALI

Benki ya NMB imetoa gawio la Shilingi Bilioni 57.4 kwa Serikali ya Jamhuri ya Muungano wa Tanzania ambayo ni kiashiria cha azma ya kuleta tija na faida kubwa kwa wawekezaji wao wote, ikiwemo Serikali yenye umiliki wa 31.8% katika Benki yetu.

Kwa mwaka huu, hili ni Gawio kubwa zaidi kutolewa kwa Serikali ya Jamhuri ya Muungano wa Tanzania kutoka taasisi za kibiashara ambazo Serikali ina umiliki wa hisa chache.

Rais wa Jamhuri ya Muungano wa Tanzania, Mhe. Dkt. Samia Suluhu Hassan amepokea mfano wa hundi kutoka kwa Mwenyekiti wa Bodi ya Wakurugenzi NMB - Dkt. Edwin Mhede pamoja na Afisa Mtendaji Mkuu wa NMB – Bi. Ruth Zaipuna katika hafla iliyofanyika Ikulu jijini Dar es Salaam jana.

Afisa Mtendaji Mkuu wa NMB, Bi. Ruth Zaipuna alisema: “Kutokana na mazingira wezeshi na uimara wa sekta ya kibenki, NMB ni miongoni mwa mabenki yaliyokua sana. Gawio la jumla limeongezeka kutoka Shilingi bilioni 97 mwaka 2021, hadi kufikia bilioni 181 mwaka 2023. Gawio kwa Serikali limeongezeka kutoka Shilingi bilioni 30.8 mwaka 2021 hadi kufikia Shilingi bilioni 57.4 mwaka 2023.”

Akizungumza katika hafla hiyo, Rais Samia ameipongeza Benki ya NMB kwa matokeo mazuri ya kiutendaji yaliyopelekea kuongezeka kwa faida kwa taasisi na gawio kwa Serikali.

Wakati wa hafla hiyo, Rais Samia pia aliikabidhi tuzo Benki ya NMB kutambua mchango wao katika kutoa gawio kubwa kwa Serikali mwaka hadi mwaka.

“Tunawashukuru wadau wetu wote kwa kuwa sehemu ya mafanikio haya,” alimalizia Bi. Zaipuna.

#NMBKaribuYako

BENKI YA EXIM YAJA NA KAMPENI YA “TAP TAP UTOBOE”; WATEJA KUSHINDA GARI MPYA, BAJAJI NA FEDHA TASLIMU

Mkuu wa Masoko na Mawasiliano wa Benki ya Exim, Stanley Kafu (kulia), akizungumza na waandishi wa habari na wageni waalikwa (hawapo pichani), kuhusu kampeni ya ‘Tap Tap Utoboe’ inayohimiza wateja kufanya miamala zaidi kwa kutumia simu za mkononi na majukwaa ya mtandaoni badala ya malipo ya pesa taslimu. Tukio hilo lilifanyika katika makao makuu ya benki hiyo tarehe 10 Juni, 2024. Wateja watapata nafasi ya kushinda fedha taslimu kila wiki na mwezi, pikipiki, bajaj, na mshindi wa kwanza atashinda gari mpya aina ya Mazda CX-5. Katikati ni Balozi wa Kampeni hiyo, Idris Sultan akiwa na Mkuu wa Njia Mbadala na Mabadiliko ya Kidijitali wa Exim Bank, Silas Matoi.

Dar es Salaam: Benki ya Exim Tanzania imezindua kampeni maalum inayolenga kuwashawishi wateja wake wanaomiliki simu za mkononi kufanya miamala zaidi kwa kutumia simu zao pamoja na kutumia mtandao badala ya malipo ya fedha taslimu pindi wanapohitaji kutumia huduma mbalimbali za kibenki. Kampeni hii ya miezi mitatu itaambatana na zawadi mbalimbali ambazo zitatolewa kila wiki na mwezi kwa washindi.

Kampeni hiyo iliyopewa jina la 'Tap Tap Utoboe' inatoa fursa kwa zaidi ya washindi 200 miongoni mwa wateja wa benki hiyo wanaotumia simu zao au mtandao kufanya miamala, kuwa kwenye nafasi ya kujishindia zawadi mbalimbali ikiwemo fedha taslimu, pikipiki, bajaji pamoja na zawadi kubwa ya gari mpya aina ya Mazda CX-5.

Tap Tap Utoboe inalenga wateja wa sasa na wateja wapya. Kwa mteja ambaye hajawahi kutumia huduma za kibenki za simu za mkononi na mtandaoni, hii ni fursa yake kujiunga. Kwa wateja wapya, waalikwa kujiunga na familia ya Exim Bank na kufurahia huduma zao bora za kibenki za kidigitali. Ili kushiriki, mteja anatakiwa kufanya miamala yake yote ya kibenki kupitia simu yake au mtandao, ikiwamo kulipia ankara za maji, umeme au visimbusi vya television, malipo ya manunuzi, kutuma pesa, kulipia kodi,, kutoa fedha kwa Exim Wakala, kulipia bima ya vyombo vya moto, na huduma nyenginezo.

Ili kushinda zawadi, mteja anahimizwa kufanya miamala ya mara kwa mara kupitia huduma za kibenki za simu za mkononi na mtandaoni. Washindi kumi wa kila wiki watapata TZS 50,000 kila mmoja, na washindi kumi wa kila mwezi watapata TZS 100,000 kila mmoja. Mshindi wa tatu atapata pikipiki, mshindi wa pili atapata bajaji, na mshindi wa kwanza na jumla ataondoka na gari mpya kabisa aina ya Mazda CX-5.

Kwa mujibu wa Exim Bank wakati wa kampeni hiyo kila muamala wenye thamani ya Tsh 50,000/= na zaidi ukiwa umefanyika kwa zaidi ya mara moja kupitia simu ya mkononi au mtandao, muhusika atastahili kushiriki bahati nasibu ya kumpatia mshindi.

NCBA BANK SUPPORTS ROTARY CLUB'S ANNUAL CHARITY GOLF TOURNAMENT

Claver Serumaga, NCBA Tanzania's Managing Director, takes a golf shot at the event.

Dar es Salaam, June 8, 2024; NCBA Bank Tanzania Limited is proud to announce its support for the Rotary Club of Bahari Dar es Salaam’s 13th annual charity golf tournament, held on June 8th, 2024, at the Dar es Salaam Gymkhana Golf Club.

The tournament, which brought together golfers and sponsors from across Tanzania, aimed to raise funds for impactful community projects. This year's event focused on supporting STEM boot camps in Dar es Salaam and Zanzibar, under the theme "Smart Education is the Future of Farming."

Mr. Claver Serumaga, Managing Director and CEO of NCBA Bank Tanzania Limited, expressed his enthusiasm for the partnership: "NCBA Bank is committed to supporting education and community development initiatives that have a lasting impact. We are proud to collaborate with the Rotary Club of Bahari Dar es Salaam in this meaningful endeavor."

In addition to sponsoring the Rotary Golf Tournament, NCBA Bank is gearing up to host the NCBA Bank Golf Series in Arusha, Tanzania, on June 29th, 2024. The event, part of the NCBA Group Golf Series, showcases the bank's commitment to sportsmanship and community involvement.

NMB YATOA GAWIO LA KIHISTORIA LA SHIL. BILIONI 181 KWA WANAHISA WAKE

Wanahisa wa Benki ya NMB wameidhinisha gawio la Shilingi Bilioni 181, sawa na shilingi 361 kwa kila hisa moja kwa mwaka unaoishia Disemba 31, 2023.

Azimio hilo limepitishwa wakati wa Mkutano Mkuu wa 24 wa Wanahisa wa Benki ya NMB.

Hili ni ongezeko la 26% ukilinganisha na gawio la jumla la Shilingi Bilioni 143.1 tulilolipa mwaka 2022, na kuandika historia mpya ya kuwa gawio kubwa zaidi kuwahi kutolewa na taasisi ya fedha nchini kwa wanahisa wake.

Mafanikio haya ni matokeo ya mazingira mazuri ya kibiashara yaliyowekwa na Serikali yetu, imani ya wanahisa na wateja wetu, juhudi za wafanyakazi wetu na ushirikiano mzuri tulionao na wadau wetu wote.

Tutaendelea kusimamia ahadi yetu ya kudumu katika ukuaji jumuishi na endelevu kwa ustawi wa jamii tunayoihudumia na uchumi wa nchi yetu ya Tanzania kwa ujumla.

Tunawashukuru wadau wetu wote kwa kuwa sehemu ya mafanikio haya.

#NMBAGM2024

#NMBKaribuYako

USIKOSE BURUDANI NDANI YA DStv TANZANIA

ACCESS BANK PLC COMPLETES ACQUISITION OF BancABC TANZANIA

Lagos, Nigeria – June 11, 2024: Access Bank PLC (“the Bank”) has announced the successful completion of its acquisition of African Banking Corporation (Tanzania) Limited (“BancABC Tanzania” or “BancABC”), in line with its strategic expansion goals. This milestone follows the Bank’s initial announcement in July 2023 and marks yet another step in its journey to become the world’s most respected African Bank.

With the successful acquisition of BancABC Tanzania by the Bank, BancABC operations will now be merged with the consumer, private, and business banking operations of Standard Chartered Bank Tanzania at completion to form a new, entity to be known as Access Bank Tanzania.

This furthers our aspiration to be a strong player within the East Africa region, while adding greater depth and breadth to our pan African operations creating more significant opportunities for financial inclusion, diversified product range and enhanced customer experience. Access Bank’s presence in over 22 countries presents a robust platform that can be leveraged to boost intra and inter Africa trade and payments.

Roosevelt Ogbonna, Access Bank’s Managing Director/Chief Executive Officer, commented on the transaction, saying, “This strategic move represents a notable step towards setting a railroad in Tanzania for intra-African trade within the East African region, Africa and the rest of the world. It underscores our commitment to creating a robust East African banking network, driving positive change and innovation.

“We are excited about the opportunities this acquisition presents for our operations in Tanzania and are eager to leverage our combined strengths to deliver exceptional financial solutions and experiences to our customers.”

Commenting on the transaction, John Imani, Managing Director, African Banking Corporation (Tanzania) Limited, said, “The completion of our transaction with Access Bank, not only underscores Access Bank’s strong confidence in our operations and the Tanzanian market but brings new and exciting opportunities for our customers, employees, and stakeholders. The new entity is poised to enhance our service offerings, leveraging Access Bank’s extensive resources and expertise to deliver even greater value to our clients. We look forward to an exciting and prosperous future as part of the Access Bank family, driving economic growth and financial inclusion across Tanzania.”

U.S. AMBASSADOR LAUNCHES GGML KILI CHALLENGE 2024 CAMPAIGN

AngloGold Ashanti's Vice President for Sustainability and Corporate Affairs (Africa), Mr. Simon Shayo (left), leading the U.S. Ambassador to Tanzania, Dr. Michael A. Battle Sr., and the Managing Director of Geita Gold Mining (GGML), Mr. Duan Archery, shortly after the launch event of the GGML Kili Challenge campaign 2024, to raise funds and promote efforts to combat HIV/AIDS in the country. The event took place in Dar es Salaam recently. The campaign is being conducted in collaboration between GGML and the Tanzania Commission for AIDS (TACAIDS).

The U.S. Ambassador to Tanzania, H.E. Michael A. Battle Sr., launched the GGML Kili Challenge 2024 campaign at a fundraising dinner aiming to raise $1 million to support the Tanzanian government's efforts in combating HIV/AIDS. The pledged contributions are expected to be fulfilled by mid-July 2024.

The Geita Gold Mining Limited (GGML) Kilimanjaro Challenge against HIV/AIDS, established in 2002, is a charitable partnership that brings together the government, through the Tanzania Commission for AIDS (TACAIDS), and GGML to raise funds and promote efforts to fight the disease in the country. One of the most well-known fundraising activities for this cause is the Kili Challenge, which involves climbing and cycling around Mount Kilimanjaro annually. In its 22nd year, the campaign will commence on July 19 and conclude on July 25 this year.

Participants purchase Challenge tickets as part of their fundraising campaign. While some of the fees cover the mountain climbing and cycling expenses, the majority of the funds go into the Kili Trust Fund, which supports the national fight against HIV/AIDS. The Kili Fund is a major contributor to the National AIDS Trust Fund.

Speaking at the launch event in Dar es Salaam recently, the U.S. Ambassador praised GGML and TACAIDS for collaborating on a campaign that assists the government in combating the spread of HIV/AIDS in the country.

"As many of you know, the U.S. President's Emergency Plan for AIDS Relief, known as PEPFAR, has been a cornerstone in the global fight against HIV/AIDS for over 20 years. Since its inception in 2003, PEPFAR has heavily invested in Tanzania, supporting various projects to control this epidemic and contributing over $7 billion. During this time, we have made significant progress, with over 1.5 million people now receiving life-saving treatment through PEPFAR support. Additionally, we have significantly reduced AIDS-related deaths and new HIV infections.

HUMAN-CENTRIC, HYBRID AI OPENS UP NEW POSSIBILITIES

By Won-joon Choi, EVP & Head of R&D Office, Mobile eXperience Business at Samsung Electronics

We are at the beginning of the most exciting, and probably one of the most historic technological moments. The era of mobile AI is here – which Samsung opened up by introducing Galaxy AI features on the Galaxy S24 series, our first AI phone.

Revolutionizing Mobile Experiences with a Hybrid AI Approach

To bring the real-life benefits of generative AI technology to the Galaxy S24 series, we took a hybrid approach to our AI integration. AI offers so many possibilities, and we believe mobile devices are the primary access point for unlocking its potential as users around the globe continue to rely on their phones for most of their day-to-day needs.

The essential role that mobile devices play in everyday life means they are very personal items that people use during many critical and memorable moments. We understand these behaviors and believe smartphones should work harder so that users can truly make the most of important moments in a just simpler, more intuitive, and more epic way. We also recognize the importance of privacy which is why we give users full control over what they share and what they keep private.

We believe our hybrid approach is the most practical and reliable solution to meet all these needs and puts Samsung ahead of the curve. We are providing users with a balance between the instant responsiveness and extra privacy assurance of on-device AI, and the versatility of cloud-based AI through open collaborations with industry-leading partners in offering a variety of functions they need for daily life.

Expanding Possibilities with On-device AI

We made the ‘Live Translate’ feature on-device AI-based, because voice calls are the most basic feature of a smartphone, yet also an intimate and private means of communication. Samsung has committed to empowering users to communicate without language barriers, while at the same time ensuring every communication is safe and private.

ZIMEBAKI SIKU 8 KUANZA KWA EURO 2024 NDANI YA DStv PEKEE

Zikiwa zimebaki siku 8 kuanza kwa Euro 2024, lipia mapema kifurushi chako chochote cha DStv kwa kupiga *150*53# usipitwe na mechi hizi.

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DKT. NCHEMBA AZUNGUMZA NA RAIS WA CHINA EXIM BANK

Waziri wa Fedha, Mhe. Dkt. Mwigulu Lameck Nchemba (Mb) (katikati) akifuatilia maelezo ya Rais wa Exim Bank-China, Bw. Ren Shengiun (hayupo pichani) wakati wa mkutano kwa njia ya mtandao jijini Dodoma na Rais huyo ambapo walijadili kuhusu ushirikiano kati ya Serikali na Benki hiyo pamoja na upatikanaji wa fedha kwa ajili ya utekelezaji wa miradi mbalimbali ya maendeleo nchini. Kushoto ni Naibu Katibu Mkuu wa Wizara hiyo, Bi. Amina Khamis Shaaban na Kulia ni Kamishna wa Idara ya Fedha za Nje, Bw. Rished Bade.

Waziri wa Fedha Mhe. Dkt. Mwigulu Lameck Nchemba (Mb), amefanya mkutano kwa njia ya mtandao kutoka jijini Dodoma na Rais wa China Exim Bank, Bw. Ren Shengiun, ambapo wamejadili kuhusu ushirikiano kati ya Serikali na Benki hiyo ikiwemo upatikanaji wa fedha kwa ajili ya utekelezaji wa miradi mbalimbali ya maendeleo nchini.

Katika mkutano huo pamoja na mambo mengine, DKT. Nchemba, ameiomba Benki hiyo kusaidia upatikanaji wa fedha za kutekeleza miradi mbalimbali ya maendeleo ukiwemo ujenzi wa Reli ya Kisasa (SGR) ambao ni miongoni mwa miradi ya kipaumbele ya nchi kwa sasa.

Kwa upande wa Tanzania Mkutano huo umehudhuriwa na Naibu Katibu Mkuu Wizara ya Fedha, Bi. Amina Khamis Shaaban, Kamishna wa Idara ya Fedha za Nje wa Wizara hiyo, Bw. Rished Bade na Kamishna Msaidizi wa Usimamizi wa Madeni, Bi. Tiba Kisonga na maafisa wengine wa Wizara.

Rais wa China Exim Bank, Bw. Ren Shengiun (katikati) akieleza utayari wa Benki yake kushirikiana na Serikali ya Tanzania na kushiriki katika kutafuta fedha kwa ajili ya utekelezaji wa miradi ya maendeleo, wakati wa mkutano na Waziri wa Fedha Mhe. Dkt. Mwigulu Lameck Nchemba (Mb) (hayupo pichani) uliofanyika kwa njia ya mtandao jijini Dodoma.

Kamishna wa Idara ya Fedha za Nje wa Wizara ya Fedha, Bw. Rished Bade, akifafanua jambo kuhusu masuala ya upatikanaji wa fedha za maendeleo na ushirikiano kati ya Serikali na Exim Bank ya China, wakati wa mkutano na Waziri wa Fedha, Mhe. Dkt. Mwigulu Lameck Nchemba (Mb) (hawapo pichani) kwa njia ya mtandao jijini Dodoma, ambapo walijadili kuhusu ushirikiano kati ya Serikali na Benki hiyo pamoja na upatikanaji wa fedha kwa ajili ya utekelezaji wa miradi mbalimbali ya maendeleo nchini.

Waziri wa Fedha Mhe. Dkt. Mwigulu Lameck Nchemba (Mb) (katikati) akiongoza ujumbe wa Wizara yake wakati wa mkutano na Rais wa Benki ya Exim ya China, Bw. Ren Shengiun (hayupo pichani) uliofanyika kwa njia ya mtandao jijini Dodoma ambapo walijadili kuhusu ushirikiano kati ya Serikali na Benki hiyo ikiwemo upatikanaji wa fedha kwa ajili ya utekelezaji wa miradi mbalimbali ya maendeleo nchini.

DKT. NCHEMBA AKUTANA NA MKURUGENZI MTENDAJI WA BENKI YA TCB

Waziri wa Fedha, Mhe. Dkt. Mwigulu Lameck Nchemba (Mb) (kulia) akizungumza na Mkurugenzi Mtendaji wa Benki ya TCB, Bw. Adam Mihayo, ambapo walijadili kuhusu maendeleo ya Benki hiyo na mchango wake katika maendeleo ya Taifa, Ofisini kwa Waziri wa Fedha Treasury Square, jijini Dodoma.

Waziri wa Fedha, Mhe. Dkt. Mwigulu Lameck Nchemba (Mb) amekutana na kufanya mazungumzo na Mkurugenzi Mtendaji wa Benki ya TCB, Bw. Adam Mihayo, ambapo walijadili kuhusu maendeleo ya Benki hiyo na mchango wake katika maendeleo ya Taifa.

Mkutano huo umefanyika Ofisini kwa Waziri wa Fedha Treasury Square, jijini Dodoma ambapo Waziri wa Fedha ameipongeza Benki hiyo kwa mafanikio inayoendelea kuyapata ikiwemo kutengeneza faida katika biashara ya sekta ya fedha.

Waziri wa Fedha, Mhe. Dkt. Mwigulu Lameck Nchemba (Mb) (kulia) akiagana na Mkurugenzi wa Benki ya TCB, Bw. Adam Mihayo, baada ya kumalizika kwa mkutano wao ambapo walijadili kuhusu maendeleo ya Benki hiyo na mchango wake katika maendeleo ya Taifa, uliofanyika katika Ofisi ya Waziri wa Fedha, Treasury Square, jijini Dodoma.

Mkurugenzi wa Benki ya TCB, Bw. Adam Mihayo, akielezea umuhimu wa Benki hiyo katika kuchochea ukuaji wa Uchumi, wakati wa mkutano kati yake na Waziri wa Fedha, Mhe. Dkt. Mwigulu Lameck Nchemba (Mb) (hayupo pichani), ambapo walijadili kuhusu maendeleo ya Benki hiyo na mchango wake katika maendeleo ya Taifa, uliofanyika katika Ofisi ya Waziri wa Fedha Treasury Square, jijini Dodoma.

Waziri wa Fedha, Mhe. Dkt. Mwigulu Lameck Nchemba (Mb), akiongoza mkutano kati yake na Mkurugenzi wa Benki ya TCB, Bw. Adam Mihayo, ambapo walijadili kuhusu maendeleo ya Benki hiyo na mchango wake katika maendeleo ya Taifa, uliofanyika Wizara ya Fedha, jijini Dodoma.

GGML: PIONEERING ENVIRONMENTAL STEWARDSHIP IN THE MINING INDUSTRY

An area in Geita GGML has implemented a comprehensive land rehabilitation programme, planting nearly half a million trees and helping to promote biodiversity and mitigate land degradation.

As the globe marks the World Environment Day (today 5th) with a powerful call to action for the protection of the environment, the day established by the United Nations, serves as a platform to raise awareness about the most pressing environmental challenges we face and inspire us to find solutions.

With this year’s theme: Land restoration, desertification and drought resilience, in Tanzania, where several mining activities are taking place and with their nature, we must ask ourselves how they also take part in protecting the environment.

Taking a case study of Geita Gold Mining Limited (GGML), a subsidiary of AngloGold Ashanti, it has been making waves in protecting the environment in line with the government directives as also spelled in objectives of World Environment Day.

Shedding light on this, the company’s Senior Manager - Health, Safety and Environment Dr. Kiva Mvungi noted that their dedication to environmental sustainability manifests in a series of well-defined practices and initiatives that have redefined the mining landscape in Tanzania.

He added: “Before acquiring our mining license, we had to comply with all the regulations and prepare policies geared towards environmental protection and sustainability. Additionally, every year as GGML together with other key stakeholders, we prepare budgets for Corporate Social Responsibility (CSR), which must adhere to addressing environmental issues.

ENCOURAGING LOCAL PARTICIPATION: GGML COMMITMENT TO SUSTAINABLE MINING

Deputy Minister of Minerals, Dr. Steven Kiruswa (pictured centre) visited GGML's exhibition stand at the 3rd Local Content Compliance Forum held at the Arusha International Conference Centre (AICC) in May 2024. Pictured from left to right with the Minister are Dominic Marandu, GGML's Manager for Learning and Development, Rhoda Lugazia, GGML's Senior Communications Officer, David Nzaligo, GGML's Senior Legal Counsel, and Gilbert Mworia, GGML's Senior Manager (Sustainability).

The Tanzanian government's push for greater local participation in the mining sector has yielded remarkable results, thanks to the Mining Act of 2017/ 2018 and its subsequent amendments in 2019. This landmark legislation prioritises the involvement of Tanzanian companies and individuals, paving the way for a more inclusive and sustainable mining industry.

Geita Gold Mining Limited (GGML), a subsidiary of AngloGold Ashanti, has emerged as a shining example of responsible mining by wholeheartedly embracing these regulations. The company's commitment to local content goes beyond mere compliance, as evidenced by its active pursuit of opportunities to work with local suppliers, contractors, and service providers.

While the implementation of the Mining Code on Local Content has presented its fair share of challenges, GGML's continued commitment to sustainability and community development has been instrumental in overcoming these hurdles. The company has facilitated increased local content through a number of initiatives, including hosting community forums, workshops and capacity building programmes.

These efforts have enabled local businesses, including youth, women, and people with disabilities, to improve their business acumen and effectively compete for opportunities within GGML's supply chain. As a result, the number of active Geita-based businesses contracting with GGML has increased from 73 in January 2020 to 96 in December 2023, and the value of business awarded to Geita suppliers has increased from 7% of local spending in Q1 2020 to 9.4% in Q4 2023.

ECOBANK CELEBRATES REMARKABLE GROWTH ALIGNED WITH ECOBANK GROUP'S SUCCESS

Ecobank Tanzania Managing Director - Dr. Charles Asiedu as he goes into details of the remarkable financial results of the bank for 2023 and Q1 of 2024.

Dar es Salaam, June 2024 – Ecobank Tanzania proudly announces exceptional growth and significant achievements for Q1 2024 which was a continuation of robust performance of the financial year 2023. The bank attributes its success to the steadfast support of its customers, partners, and employees.

In the first three months of the year, revenues increased by 66% to almost TZS10 billion compared to Q1 2023 following increased lending to support the economy of Tanzania and growing business volumes underscored by customer acceptance of its products. Growing by nearly 5 times compared to Q1 2023, profit before tax was TZS3.5 billion, making the bank among the best performing banks on the market. The profit growth was supported by controlled cost and decreased impairment charge arising from Non-Performing Loans (NPL) ratio consistently being under 3% for the past two years. Operating efficiency continued to improve resulting from widening positive jaws between revenue and cost. Thus, cost to income ratio trended to less than 60% for the first time compared to 77% a year ago. We also returned better to shareholders as annualized return on equity improved to 44% from just 12% in 2023.

These impressive results reflect the increasing customer confidence in our business as deposit grew over the one-year period by 68% to TZS 313 billion influencing assets growth of 27% to TZS 415 billion. On the back of strong growth in deposits, we were able to support our client businesses as we grew our loan book by more than TZS 65 billion to TZS 157 billion from TZS 90 billion.

SAMSUNG & WATU TO EMPOWER CUSTOMERS PURCHASE SMARTPHONES WITH AFFORDABLE PAYMENT PLANS

Dar es Salaam – June 6, 2024: To increase the adoption of smartphones, Samsung Electronics East Africa has come together with Watu Simu to launch a campaign dubbed ‘Samsung Kibingwa’ in Tanzania. The campaign will enable customers in Tanzania to acquire the latest Samsung smartphones from authorized dealers through affordable payment plans. Customers will be required to make a deposit as directed by Watu Simu followed by daily, Weekly or monthly instalments.

Speaking during the launch of the campaign in Dar es Salaam, Samsung Electronics East Africa- Tanzania Country Lead, Manish Jangra, highlighted that this is one of the company's efforts, in collaboration with its different stakeholders, to ensure that Tanzanians can own smartphones at affordable costs.

“The importance of smartphone usage continues to grow over the years and significantly impacts social and economic activities. Customers have moved from using phones as communication devices to essential economic tools. As manufacturers of the high quality electronic devices worldwide for many years, we have a great opportunity to ensure people can access modern devices at affordable prices. Through this campaign, customers will be able to purchase smartphones from authorized Samsung dealers with payment plans starting from as low as 1200 TZS on daily, weekly or monthly payments over a period of 12 months,” explained Mr. Jangra.

According to a Tanzania Communications Regulatory Authority (TCRA) report, more Tanzanians are now using smartphones as the numbers of feature phone users continues to decline. The statistics indicate that the usage of smartphones among Tanzanians increased from 15% in December 2021 to 32.59 percent in March 2024.

LEVERAGING TECHNOLOGY FOR A GREENER WORLD

By Samsung Electronics East Africa - Tanzania Country Lead, Manish Jangra.

As the urgency to combat climate change escalates, technology companies are uniquely positioned to drive environmental sustainability. Samsung, a global tech giant, exemplifies this potential through its innovative approaches and commitment to greener practices. By leveraging cutting-edge technology, Samsung is not only transforming the way we live but also paving the way for a more sustainable future.

Samsung Electronics assesses a product’s entire life cycle, including the sourcing, production, distribution, product use and recycling phases. At the production stage, it aims to expand the development and application of recycled materials with a lower carbon footprint. At the distribution stage, it is working to minimize packaging volume and weight to reduce carbon emissions. Through initiatives like improving the energy efficiency of chargers, it is trying to improve the environmental impact at the use stage. This initiative is part of a broader industry trend, with similar companies moving towards more sustainable packaging.

The increasing accumulation of electronic waste (e-waste) across the globe has become a concern for environmentalists and tech stakeholders, prompting campaigns to minimize the production of non-essential electronic accessories. One of the biggest challenges facing the recycling industry in Tanzania is the lack of adequate infrastructure. Many areas lack proper waste management systems, which means that a lot of waste, including plastic waste, ends up in landfills or pollutes the environment.

VODACOM YAIBUKA KIDEDEA KATIKA TUZO ZA KIDIJITALI

Wafanyakazi wa kampuni ya Vodacom Tanzania PLC, wakiongozwa na Mkurugenzi wa Vodacom Business - Nguvu Kamando (wa pili kushoto) wakionesha tuzo walizoshinda katika wiki ya ubunifu iliyoambatana na utoaji wa tuzo za Tanzania Digital Awards ambapo Vodacom iliibuka kidedea kwa kunyakua tuzo tano.

Mkurugenzi wa Vodacom Business - Nguvu Kamando (kushoto) akipokea tuzo ya kampuni bora ya simu iliyotolewa na kampuni ya Serengeti bytes na kupigiwa kura na Watanzania.

Mkuu wa idara ya Masoko wa Vodacom Business - Aileen Meena (kulia) akipokea tuzo ya kampuni ya simu inayotoa huduma bora kwa Wateja hapa nchini.

Meneja wa mifumo mipya ya huduma za kifedha - Brenda Msola (kushoto) akipokea tuzo ya kampuni ya ubunifu wa applikesheni bora ya huduma za kifedha.

Meneja wa mifumo mipya ya huduma za kifedha - Brenda Msola (kulia) akipokea tuzo ya ubunifu wa kidijitali katika sekta ya huduma za kifedha (M-Koba).

Kampunui inayoongoza kwa huduma za teknolojia na mawasiliano nchini ya Vodacom, imetunukiwa tuzo na Kampuni ya Serengeti bytes kupitia programu ya Tanzania Digital Awards katika wiki ya ubunifu (Innovation week).

Kampuni hiyo ya Vodacom imejishindia tuzo katika vipengele vitano ambavyo ni:

1. Kampuni bora ya simu nchini
2. Kampuni ya simu inayotoa huduma bora zaidi nchini
3. Applikesheni bora ya huduma za kifedha
4. Tuzo ya ubunifu wa kidijitali katika Afya (m-mama)
5. Tuzo ya ubunifu wa kidijitali katika sekta ya huduma za kifedha (M-Koba)