NMB CONTRIBUTES TZS 50 MIL. TO BUNGE BOYS SECONDARY SCHOOL CONSTRUCTION

NMB Bank has presented a cheque of 50 million Tanzanian Shillings to Deputy Prime Minister Dr. Dotto Biteko to support the construction of the Bunge Boys Secondary School during the NMB Bunge Sports Bonanza at John Merlin Secondary School grounds in Dodoma.

Receiving the cheque, Dr. Biteko expressed that the donation will bolster the legislators' efforts in constructing the school, following the completion of the Bunge Girls Secondary School.

Dr. Biteko praised the bank's commitment to supporting Tanzanians in developmental activities, including sports, highlighting the Bank’s contribution of various sports equipment and other necessities during the NMB Bunge Bonanza.

“I commend NMB for their generosity in allocating part of their profits to assist us. Do not hesitate to continue supporting us in the future when needed. I also urge other stakeholders to back this crucial school project for our youth,” Dr. Biteko stated.

Discussing the Bonanza's theme on Electoral Participation, the Deputy Minister urged Tanzanians not to take the issue lightly, emphasizing that governance starts at the grassroots before reaching the national level and hence everyone is obliged to participate in the coming Local government elections.

UEFA NATIONS LEAGUE PORTUGAL vs CROATIA NDANI YA DStv COMPACT

CLEANERGIES (NISHATI BORA) CNG MOTHER STATION COMING SOON

The imminent Petrogas-Cleanergies (http://www.nishatibora.com/) natural gas infrastructure facilities for clean cooking, mobility and vehicle conversion.

Natural gas is reshaping the Tanzanian energy balance—a seismic free market dynamic which has “naturally” recalibrated the national energy security calculus.

Greyson Kiondo, Chairman & CEO of Petrogas Field Services Ltd and Cleanergies Ltd.

Always leading, Greyson Kiondo—Chairman & CEO is a visionary market disrupter. The Kiondo-inspired products, services, and engineered solutions; and their impact come with a spontaneity that drives needed disruption; upending traditionally held notions of what is possible. And he has the tenacity to see it through; demonstrating time and again the success that others didn’t know existed yesterday and proving a pathway to tomorrow’s opportunities.

DAR ES SALAAM STOCK EXCHANGE CEO MEETS WITH THE SPEAKER OF PARLIAMENT

Dar es Salaam Stock Exchange (DSE) CEO, Peter Nalitolela (left) meets with Speaker of Parliament of the United Republic of Tanzania, Dr. Tulia Ackson (right) at the National Assembly to discuss strengthening the role of capital markets in driving economic growth.

Dar es Salaam Stock Exchange (DSE) CEO, Peter Nalitolela (3rd left) in a discussion with the Speaker of Parliament of the United Republic of Tanzania, Dr. Tulia Ackson (2nd right) at the National Assembly to discuss strengthening the role of capital markets in driving economic growth. The meeting emphasized the importance of legislative support for market development, promoting financial inclusion, and enhancing investor confidence in the stock markets.

FLIGHTLINK UNVEILS ATR 500 AIRCRAFT FULLY FINANCED BY DTB TANZANIA

The CEO of Flightlink Limited, Mr. Munawer Dhirani and DTB Tanzania CEO, Mr. Ravneet Chowdhury [center] during the unveiling ceremony of a 72-seater ATR 500 aircraft over the weekend. Other officials present at the function were Chief Operating Officer, Jameel Kassam, Director of Maintenance, Juma Mfinanga, Quality Manager, John Gwaseko and Chief Pilot, Peter Fiwa.

The CEO of Flightlink Limited, Mr. Munawer Dhirani and DTB Tanzania CEO, Mr. Ravneet Chowdhury [center] during the unveiling ceremony of the 72-seater ATR 500 aircraft over the weekend. Other officials present at the function were Chief Operating Officer, Jameel Kassam, Director of Maintenance, Juma Mfinanga, Quality Manager, John Gwaseko and Chief Pilot, Peter Fiwa.

The CEO of Flightlink Limited, Mr. Munawer Dhirani and DTB Tanzania CEO, Mr. Ravneet Chowdhury cut a cake during the unveiling ceremony of a 72-seater ATR 500 aircraft over the weekend.

The CEO of Flightlink Limited, Mr. Munawer Dhirani and DTB Tanzania CEO, Mr. Ravneet Chowdhury [centre] flanked by other officials of Flightlink Tanzania and the bank during the unveiling of a 72-seater ATR 500 aircraft over the weekend.

DTB Tanzania CEO, Mr. Ravneet Chowdhury, inspects the cockpit of a 72-seater ATR 500 aircraft whose purchase was fully financed by Diamond Trust Bank Tanzania PLC.

Flightlink Limited welcomed a new 72-seater ATR 500 aircraft to its existing fleet. The purchase of this new Aircraft has been fully funded by Diamond Trust Bank Tanzania PLC [DTB-Tanzania].

The new ATR 500 aircraft will operate between Dar es salaam, Zanzibar, Arusha and Mombasa.

Speaking to members of the press during the unveiling ceremony of the new Aircraft, DTB CEO Mr. Ravneet Chowdhury said “We are proud to finance Flighlink Limited in purchasing the 72-seater ATR 500 aircraft that will improve the firm’s ability to carry more passengers between Dar es salaam, Zanzibar and Arusha route, which is a predominantly a tourists travel corridor. The growth of aviation is a key pillar in realization of Tanzania as a preferred tourist destination as echoed in the Royal Tour by her Excellency the President of the United Republic of Tanzania”.

The CEO of Flightlink Limited Mr. Munawer Dhirani; passionately articulated the company’s vision to revolutionize travel in Tanzania. He emphasized the integration of air travel as a key component of the nation’s transportation framework, underscoring the company’s commitment to its mission.

DAR ES SALAAM STOCK EXCHANGE CEO A PANELIST AT THE 200 CEO'S FORUM

Dar es Salaam Stock Exchange CEO, Peter Nalitolela speaks during the 200 CEO's Business Forum in Dar es Salaam.

On Thursday, 29th August 2024, the CEO of Dar es Salaam Stock Exchange, Mr. Peter Nalitolela was a Panelist during the 2nd Annual 200 CEO’s Forum. The topic for discussion for the panel was "Financing Tanzania's Future: Unlocking Growth Through Strategic Financial Services" and the key discussion points covered included:

• The role of financial services in driving economic growth
• Access to finance for businesses and individuals
• Attracting investment to Tanzania
• Innovative financial solutions for the future

The Panel discussion was moderated by Mr. Bakari S Machumu, outgoing CEO of Mwananchi Communications Ltd and other panel members included, Mr. Obedi S. Laiser, Managing Director/CEO of Absa Bank Tanzania; Ms. Esther Cecil Maruma, CEO of Bank of Africa Tanzania Limited; and Mr. Samwel Esupu, Partner, Tax & Regulatory Services at KPMG Tanzania. The Guest of Honour during the panel presentation was Hon. Dr. Kitila Alexander Kanyama Mkumbo (MP), The Minister of State in the President’s Office – Investments and Planning.

Some of the key points from Mr. Nalitolela were:

• Businesses should be more open to inviting partners in order to raise capital as opposed to relying only on traditional forms of financing. Partners can help provide more patient forms of capital beyond what traditional financing can support due to restricted appetite on risk as well as the shorter tenor typically offered by traditional financing

• DSE Tanzania provides an avenue for raising patient, long-term financing through issuance of Equity and Long-term debt

• Through its DSE SMEs Acceleration Segment, “DSAS” window (a.k.a Endeleza Project), DSE provides SMEs a profiling and visibility enhancement platform that can help them connect to Private Equity, Venture Capitalists, Angel Investors and other forms of alternative financing

• Leveraging on technology, DSE provides an avenue to attract investors across the country through its Online Trading Platform, both web based as well as DSE Kiganjani mobile app

• By connecting business in funding need to investors (both local and foreign), DSE helps drive economic growth and attracts hard-currency portfolio investment from abroad as evidenced by recent successes in the Corporate Debt market. Internationally, there is a lot of appetite on ESG-compliant investments as well as other forms of non-traditional investments such as Sukuk Bonds

• Tanzanian investors should take advantage of the prospective upcoming listings as the Government looks to increase efficiency of state-owned entities by privatizing them and reduce the Government shareholding, as recently highlighted by Her Excellency, the President of the United Republic of Tanzania, Dr. Samia Suluhu Hassan

In his closing remarks, Mr. Nalitolela mentioned that “Resources are not scarce, ideas are” and he challenged the CEOs and Business owners in the audience to use the Capital Markets to mobilize resources to finance their business ideas."

VODACOM YATANGAZA WASHINDI WA DRAW YA KAMPENI YA NI BALAA

Mshindi wa wiki ya tano wa kampeni ya Vodacom Tanzania Plc ‘Ni Balaa, Kila Mtu ni Mshindi' Salehe Samweli (wa pili kulia), akipokea mfano wa hundi ya shilingi laki tano kutoka kwa Mkuu wa Kanda ya Nyanda za Juu Kusini wa kampuni hiyo, Abednego Mhagama (kushoto), katika Duka la Vodacom lililopo Jijini Mbeya mwishoni mwa wiki. Endelea kufanya miamala kwa kutumia M-pesa Super App au piga *150*00# pamoja na kununua vifurushi ili kujiongezea nafasi ya kushinda.

Mkuu wa Kanda ya Nyanda za Juu Kusini wa Vodacom Tanzania, Bw. Abednego Mhagama (kushoto) akimkabidhi mfano wa hundi ya Shilingi laki tano mshindi wa droo ya tano ya Kampeni ya Ni Balaa, Kila Mtu ni Mshindi kutoka kampuni hiyo Bi. Upendo Eliamringi (wa pili kulia) katika Duka la Vodacom lililopo Jijini Mbeya mwishoni mwa wiki. Ili kuibuka mshindi endelea kufanya miamala kwa kutumia M-Pesa super App au kununua vifurushi kwa kupiga kupiga *150*00#.

Ni Balaa! Mshindi wa droo ya tano ya kampeni ya Ni Balaa, Kila Mtu Ni Mshindi kutoka Vodacom Tanzania Plc, Mpale Ephraim (wa pili kulia), akipokea mfano wa hundi ya Shilingi laki tano kutoka kwa Mkuu wa Kanda ya Nyanda za Juu Kusini wa kampuni hiyo, Abednego Mhagama (kushoto) katika Duka la Vodacom lililopo Jijini Mbeya mwishoni mwa wiki. Kupitia kampeni hii wateja wa Vodacom wanajiongezea nafasi za kushinda kila wakinunua vifurushi au kufanya miamala kupitia M-pesa Super App.

Meneja wa Vodashop Uhindini-Mbeya, Nelson Mchau akimkabidhi mfano wa hundi ya Shilingi laki tano mshindi wa droo ya tano ya Kampeni ya Ni Balaa, Kila Mtu ni Mshindi, Brigita Osman katika hafla iliyofanyika dukani hapo mwishoni mwa wiki. Ili kuibuka mshindi endelea kufanya miamala na kununua vifurushi kwa kutumia M-Pesa super App. Ni balaa.

Ni Balaa! mshindi wa droo ya tano ya kampeni ya Ni Balaa, Kila Mtu Ni Mshindi kutoka Vodacom Tanzania Plc, Rusia Lidisoni (kulia), akipokea mfano wa hundi ya Shilingi laki tano kutoka kwa Mkuu wa Kanda ya Nyanda za Juu Kusini Abednego Mhagama (kushoto) katika hafla iliyofanyika kwenye duka la Vodacom Uhindini Jijini Mbeya mwishoni mwa wiki. Ikiwa ni mwendelezo wa kampeni hiyo ili kuibuka mshindi endelea kufanya miamala na M-Pesa super App au nunua vifurushi kwa kupiga *150*00#.

U.S. GOVERNMENT SCORES A MAJOR WIN WITH NDONDO CUP BY PROVIDING HIV SERVICES TO 10,000 YOUTH

Ubungo Municipal Nurse, Farida Mussa offers counselling to Hassan Juma who is a Dar es Salaam resident during the Ndondo Cup 2024 final which took place over the weekend in Dar es Salaam. The U.S. Government through USAID and PEPFAR, alongside the Breakthrough ACTION project partnered with the Ministry of Health, the President's Office - Regional Administration and Local Government (PO-RALG), as well as Ndondo Cup organizers and sponsors engaged young men and boys aged 15-24 in health services—particularly HIV testing and prevention where nearly 10,000 benefited from the services.

MDH Official, Mwinyi Abdallah gives HIV counselling to Fadhili Omary during the Ndondo Cup 2024 final which took place over the weekend in Dar es Salaam.

Football fans in various places of Dar es Salaam follow proceedings of the Ndondo Cup 2024 final which took place over the weekend in Dar es Salaam. 

A referee who officiated the Ndondo Cup 2024 final between Azimio FC and Soccer City gives instructions to one of the Azimio FC player Benson Mugga during the match which took place in Dar es Salaam over the weekend. 

Soccer City FC goalkeeper, Hussein Twalip shouts to his players during the 2024 Ndondo Cup final between Azimio FC and Soccer City FC, a match which took place at the weekend in Dar es Salaam. 

Dar es Salaam - September 1, 2024: The Ndondo Cup 2024 has become a remarkable success story, serving as a powerful platform for health advocacy while significantly boosting HIV and immunization services among youth in Tanzania. This transformative initiative, spearheaded by the U.S. Government through the Breakthrough ACTION project, in collaboration with the Ministry of Health and the President's Office - Regional Administration and Local Government (PO-RALG), successfully reached nearly 10,000 youth aged 15-24 with HIV and vaccination services during the tournament in Dar es Salaam.

KILOMBERO SUGAR BOOSTS GIRLS' EDUCATION WITH SANITARY PADS DONATION

Kilombero District Administrative Secretary, Mr. Abraham Mwaikwila (second left) is joined by Kilombero Sugar’s Human Resource Director, Ms. Diana Mwakitange (third right) in handing over 2,400 pieces of sanitary pads to the Cane Growers Secondary School in Kilombero. The initiative underscores the company's ongoing commitment to combating period poverty and supporting the communities in which it operates. Others in the picture include: - Communications and Stakeholder Relations Manager, Mr. Victor Byemelwa (second right), Business Affairs Manager, Willa Haonga (right) as well The Cane Growers Secondary School’s Head Teacher, Mr. Yusufu Lauwo (left).

Students of Cane Growers Secondary School proudly display boxes of sanitary pads donated by Kilombero Sugar Company in Kilombero District. This donation, which is part of the 'Period Poverty Eradication Initiative,' highlights the company's continued commitment to combating period poverty and supporting the communities it serves."

30.08.2024, Kilombero-Morogoro: In a significant effort towards enhancing girls' education and promoting menstrual health awareness, Kilombero Sugar Company has donated over 2,400 sanitary pads to female students at Cane Growers Secondary School in Kilombero District.

This initiative underscores the company's ongoing commitment to combating period poverty and supporting the communities in which it operates.

During the donation event, held at Cane Growers Secondary School, Kilombero District Administrative Secretary, Mr. Abraham Mwaikwila, applauded Kilombero Sugar Company’s efforts in supporting the education of young girls. He said, “This generous donation by Kilombero Sugar Company is more than just a contribution—it's a strong show of support for the young women in our district. By providing these sanitary pads, Kilombero Sugar is helping to remove a significant barrier to education. This initiative not only keeps girls in school but also empowers them with the confidence to pursue their dreams uninterrupted. We are truly grateful for this impactful contribution to our community's future."

BENKI YA NBC YASISITIZA DHAMIRA YAKE KUCHOCHEA UKUAJI SEKTA YA UTALII

Waziri wa Maliasili na Utalii, Balozi Dkt. Pindi Chana (Mb) (kushoto) akishukuru na kumpongeza Meneja Maendeleo ya Biashara, Benki ya NBC tawi la Morogoro, Bw. Joseph Boaz (kulia) ikiwa ni ishara ya kutambua mchango wa benki hiyo katika kuchochea maendeleo ya sekta ya utalii nchini kupitia huduma zake za kifedha pamoja udhamini wa benki hiyo kwenye maadhimisho ya miaka 60 ya Hifadhi ya Taifa ya Mikumi, Morogoro yaliyofanyika mwishoni mwa wiki kwenye uwanja wa mpira wa Kikoboga uliopo kwenye hifadhi hiyo. Wanaoshuhudia ni pamoja na Kamishna wa Uhifadhi wa TANAPA, Nassoro Juma Kuji (katikati) na viongozi wengine wa serikali na hifadhi hiyo. Benki ya NBC ilikuwa ni moja ya wadhamini muhimu wa maadhimisho hayo.

Waziri wa Maliasili na Utalii, Balozi Dkt. Pindi Chana (Mb) (katikati) akipokea chapisho lenye huduma mbalimbali zinazotolewa na Benki ya NBC mahususi kwa wadau wa sekta ya utalii kutoka kwa Meneja Maendeleo ya Biashara tawi la Morogoro, Bw. Joseph Boaz (kushoto) wakati waziri huyo alipotembelea banda la maonesho ya benki hiyo lililokuwepo kwenye viunga vya maadhimisho ya miaka 60 ya Hifadhi ya Taifa ya Mikumi, Morogoro yaliyofanyika mwishoni mwa wiki kwenye uwanja wa mpira wa Kikoboga uliopo kwenye hifadhi hiyo. Wanaoshuhudia ni pamoja na Kamishna wa Uhifadhi wa TANAPA, Nassoro Juma Kuji (wa tatu kushoto), Mkuu wa Hifadhi ya Mikumi Kamishina Msaidizi wa Uhifadhi, Agustine Masesa (wa pili kushoto) na viongozi wengine wa serikali na hifadhi hiyo. Benki ya NBC ilikuwa ni moja ya wadhamini muhimu wa maadhimisho hayo.

Kwa mujibu wa Meneja Maendeleo ya Biashara tawi la Morogoro, Bw. Joseph Boaz (alieshika mic) ushiriki wa benki hiyo kwenye maadhimisho hayo kwa kiasi kikubwa unachagizwa na ushirikiano mkubwa uliopo baina yake na wadau mbalimbali wa utalii nchini likiwemo Shirika la Hifadhi za Taifa Tanzania (TANAPA), wafanyakazi wa shirika hilo, wadau wa utoaji huduma za utalii pamoja na watalii wanaotembelea hifadhi mbalimbali nchini ikiwemo ya Mikumi.

Kwa mujibu wa Meneja Maendeleo ya Biashara tawi la Morogoro, Bw. Joseph Boaz (alieshika mic) ushiriki wa benki hiyo kwenye maadhimisho hayo kwa kiasi kikubwa unachagizwa na ushirikiano mkubwa uliopo baina yake na wadau mbalimbali wa utalii nchini likiwemo Shirika la Hifadhi za Taifa Tanzania (TANAPA), wafanyakazi wa shirika hilo, wadau wa utoaji huduma za utalii pamoja na watalii wanaotembelea hifadhi mbalimbali nchini ikiwemo ya Mikumi.

Wakiwa kwenye maadhimisho hayo maofisa wa benki ya NBC walipata wasaa wa kuwahudumia wa kutoa huduma mbalimbali za kibenki kwa wadau mbalimbali wa sekta ya utalii waliohudhurua sherehe hizo.

Morogoro, Septemba 1, 2024: Benki ya Taifa ya Biashara (NBC) imeshiriki kikamilifu kwenye kilele cha Maadhimisho ya miaka 60 ya Hifadhi ya Taifa ya Mikumi iliyopo mkoani Morogoro huku ikiahidi kuendelea kubuni huduma mbalimbali za kifedha mahususi kwa wadau sekta ya utalii nchini.

Hatua ya benki hiyo inalenga kuunga mkono jitihada za serikali katika kuvutia idadi kubwa ya watalii wanaokuja nchini kupitia uwepo wa huduma bora kifedha kwa wadau wa sekta hiyo wakiwemo watalii.

Dhamira ya benki hiyo iliwekwa wazi na Meneja Maendeleo ya Biashara tawi la Morogoro, Bw. Joseph Boaz mbele Waziri wa Maliasili na Utalii, Balozi Dkt. Pindi Chana (Mb) wakati waziri huyo alipotembelea banda la maonesho ya benki hiyo lililokuwepo kwenye viunga vya maadhimisho hayo yaliyofanyika mwishoni mwa wiki kwenye uwanja wa mpira wa Kikoboga uliopo kwenye hifadhi hiyo. Benki ya NBC ilikuwa ni moja ya wadhamini muhimu wa maadhimisho hayo.