NMB NA PPRA WAZINDUA HUDUMA YA KIDIJITALI YA UTHIBITISHAJI WA BANK GUARANTEE KUBORESHA UNUNUZI WA UMMA

Dar es Salaam, Machi 5, 2026 – NMB Bank Plc kwa kushirikiana na Public Procurement Regulatory Authority (PPRA) wamezindua huduma mpya ya Digital Bank Guarantee Confirmation, hatua muhimu inayolenga kuboresha na kuharakisha michakato ya ununuzi wa umma nchini kwa kutumia teknolojia ya kidijitali.

Huduma hiyo inaunganisha mifumo ya benki ya NMB na mfumo wa serikali wa ununuzi wa kielektroniki, NeST System, na hivyo kuwezesha uthibitishaji wa papo hapo wa dhamana za benki zinazotumika katika zabuni za serikali.

Uzinduzi huo ulifanyika katika Makao Makuu ya NMB jijini Dar es Salaam, ukihudhuriwa na viongozi kutoka serikalini na sekta binafsi, wataalamu wa ununuzi, wateja pamoja na wawakilishi wa vyombo vya habari.

Kuimarisha Mageuzi ya Kidijitali katika Ununuzi wa Umma

Akizungumza katika uzinduzi huo, Afisa Mtendaji Mkuu wa NMB, Ruth Zaipuna, alisema huduma hiyo mpya inaonyesha dhamira ya benki hiyo kuendelea kutumia teknolojia na ushirikiano wa kimkakati kubuni masuluhisho ya kifedha yanayoongeza ufanisi na uwazi katika sekta mbalimbali za uchumi.

Alieleza kuwa huduma hiyo ya kidijitali itarahisisha mchakato wa kuwasilisha na kuthibitisha dhamana za benki zinazohitajika katika zabuni za ununuzi wa umma.

Kwa muda mrefu, uthibitishaji wa dhamana za benki ulitegemea zaidi nyaraka za karatasi, hali iliyosababisha ucheleweshaji wa michakato, mzigo wa kiutawala pamoja na hatari ya upotevu au kughushi nyaraka.

“Kwa uzinduzi wa huduma ya Digital Bank Guarantee Confirmation, michakato ambayo hapo awali ilichukua siku kadhaa sasa inaweza kukamilika kwa muda mfupi sana,” alisema Zaipuna.

Kupitia mfumo huu uliounganishwa, NMB itaweza kuhakiki dhamana za benki pamoja na akaunti za wazabuni papo hapo kupitia mfumo wa NeST.

Kusaidia Biashara Kushiriki Zabuni za Serikali

Ununuzi wa umma ni nguzo muhimu ya shughuli za kiuchumi nchini Tanzania. Kila siku, makampuni makubwa, biashara ndogo na za kati (SMEs), wakandarasi, wasambazaji na watoa huduma hushiriki katika zabuni za serikali zinazohitaji kasi, uwazi na uzingatiaji wa kanuni.

Kupitia huduma hii mpya, wazabuni wanaweza kuwasilisha na kuthibitisha aina mbalimbali za dhamana za benki moja kwa moja kupitia mfumo wa NeST, zikiwemo:

• Bid Bond (Dhamana ya Zabuni)
• Advance Payment Guarantee (Dhamana ya Malipo ya Awali)
• Performance Guarantee (Dhamana ya Utekelezaji wa Mkataba)

Kwa mujibu wa NMB, huduma hii inaleta manufaa kadhaa kwa biashara zinazoshiriki zabuni za serikali, ikiwemo:

• Kushiriki zabuni kwa haraka zaidi
• Uthibitishaji wa papo hapo wa dhamana za benki
• Kupungua kwa mzigo wa kiutawala na ufuatiliaji
• Kuongezeka kwa uwazi na uwajibikaji
• Kuimarika kwa imani katika michakato ya zabuni

NMB AND PPRA LAUNCH DIGITAL BANK GUARANTEE SERVICE TO TRANSFORM PUBLIC PROCUREMENT

Dar es Salaam, March 5, 2026 – NMB Bank Plc has partnered with the Public Procurement Regulatory Authority (PPRA) to launch a Digital Bank Guarantee Confirmation service, a major step aimed at modernising Tanzania’s public procurement processes through technology.

The new service integrates NMB’s banking systems with the government’s electronic procurement platform, NeST System, allowing instant verification of bank guarantees used in government tenders.

The initiative was officially launched at the NMB Head Office in Dar es Salaam, bringing together leaders from the public and private sectors, procurement professionals, customers, and members of the media.

Advancing Digital Transformation in Public Procurement

Speaking during the launch, Ruth Zaipuna, Chief Executive Officer of NMB Bank, said the new solution reflects the bank’s commitment to using technology and strategic partnerships to deliver innovative financial services that improve efficiency and transparency across key sectors of the economy.

She explained that the digital service will simplify the process of submitting and verifying bank guarantees required in public procurement.

Traditionally, the verification of bank guarantees relied heavily on paper-based processes that often resulted in delays, administrative burdens, and risks such as document loss or fraud.

“With the launch of the Digital Bank Guarantee Confirmation service, processes that previously took several days can now be completed almost instantly,” said Zaipuna.

Through the integrated system, NMB will verify both the bank guarantee and the bidder’s account in real time and provide immediate confirmation through the NeST platform.

Supporting Businesses Participating in Government Tenders

Public procurement plays a crucial role in Tanzania’s economic activity. Every day, large corporations, small and medium-sized enterprises (SMEs), contractors, suppliers, and service providers compete for government tenders that require speed, transparency, and strict compliance with procurement regulations.

The new digital solution allows bidders to submit and verify several types of guarantees directly through the NeST system, including:

• Bid Bonds
• Advance Payment Guarantees
• Performance Guarantees

According to NMB, the service offers several key benefits to businesses participating in public tenders:

• Faster participation in procurement processes
• Instant verification of bank guarantees
• Reduced administrative workload and follow-up requirements
• Improved transparency and accountability
• Greater confidence when competing for public contracts

SIKA TANZANIA MARKS 10 YEARS WITH NEW MWANZA PLANT AND DAR ES SALAAM EXPANSION

Dar es Salaam, Tanzania – March 5, 2026 – Global specialty chemicals company Sika has announced a major expansion of its operations in Tanzania, marking a significant milestone as the company celebrates 10 years of presence in the country.

The expansion includes the upgrade of its existing manufacturing facility in Dar es Salaam and the launch of a new state-of-the-art plant in Mwanza, a move expected to strengthen local production, create jobs, and support sustainable growth in Tanzania’s rapidly expanding construction sector.

Expanding Local Manufacturing Capacity

The upgraded Dar es Salaam facility will significantly enhance production capacity and operational efficiency, reinforcing Sika’s commitment to supplying high-quality construction solutions manufactured locally.

Meanwhile, the new Mwanza plant has been strategically positioned to serve Tanzania’s Lake Zone and Western corridor, improving product availability and distribution efficiency across regions such as Kagera Region, Shinyanga Region, and surrounding areas.

According to Dennis Ott, General Manager of Sika Tanzania, the investment reflects the company’s long-term confidence in Tanzania’s economic growth.

“Our investment in expanding our Dar es Salaam operations and establishing a new plant in Mwanza reflects our long-term commitment to Tanzania’s industrial growth and economic development,” he said.
“By strengthening our local manufacturing presence, we are closer to our customers, creating jobs, and ensuring that world-class solutions are produced in Tanzania for Tanzania.”

Supporting Infrastructure and Construction Growth

The expansion is expected to boost local production, reduce reliance on imports, and generate new employment opportunities, particularly in technical and manufacturing roles.

The Mwanza facility will also enhance supply efficiency not only for the Lake Zone, but potentially for the broader East African construction market, helping to support infrastructure and commercial development projects with locally manufactured materials.

A Decade of Impact in Tanzania

Over the past ten years, Sika Tanzania has played an important role in supporting the country’s construction and industrial sectors. The company provides advanced technologies used in bonding, sealing, waterproofing, concrete strengthening, and infrastructure protection.

Through initiatives such as Sika Academy, the company has also invested in skills development, training and certifying hundreds of local contractors and applicators.

Key Achievements So Far

• More than 5,000 fundis trained through Sika Academy.
• Materials supplied to over 100 major infrastructure and commercial projects nationwide, including the Julius Nyerere Hydropower Project, Standard Gauge Railway, and Kijazi Interchange.
• 80% reduction in reliance on imported products due to increased local manufacturing.

Aligning with Tanzania’s Industrial and Green Growth Agenda

As Tanzania continues to pursue industrialization and green economy goals, investments in local manufacturing and climate-smart construction technologies are becoming increasingly important.

TMRC AND HABITAT LAUNCH HOUSING MICROFINANCE SOLUTIONS TO BOOST AFFORDABLE HOUSING ACCESS

DAR ES SALAAM, March 4, 2026 – Tanzania Mortgage Refinance Company (TMRC), in partnership with Habitat for Humanity International, has officially launched new Retail and Wholesale Housing Microfinance products aimed at expanding affordable housing access for low-income households in Tanzania.

The new financial solutions are designed particularly for families working in the informal sector, enabling them to build, improve, or expand their homes affordably.

Supporting Low-Income Families to Access Housing Finance

The launch follows a successful pilot programme implemented with National Bank of Commerce Tanzania and FINCA Microfinance Bank Tanzania, along with regulatory approval from the Bank of Tanzania allowing TMRC to refinance housing microfinance portfolios.

This milestone enables financial institutions to sustainably provide housing loans tailored to underserved households, particularly those who cannot qualify for traditional mortgage financing.

Partnership Driving Innovation in Housing Finance

The initiative stems from a partnership between TMRC and Habitat for Humanity that began in August 2022. The collaboration aims to transform Tanzania’s affordable housing finance landscape through:

• Development of innovative housing finance products
• Strengthening institutional capacity
• Testing commercially viable housing finance models

Technical support for the initiative was provided by the Terwilliger Center for Innovation in Shelter, a unit of Habitat for Humanity that promotes innovative housing market solutions.

What is Housing Microfinance?

Housing microfinance enables families who cannot access conventional mortgages to improve their homes incrementally. These loans are designed for households with irregular incomes or informal employment, allowing them to finance home construction or improvements step-by-step.

TMRC’s Vision for Expanding Home Ownership

Speaking during the launch, TMRC Chief Executive Officer Elibariki Ndossi emphasized the importance of the initiative in supporting home ownership.

“The launched product is part of TMRC’s strategic move to increase home ownership among Tanzanians and a significant step towards assisting the Government of the United Republic of Tanzania in enabling access to safe and secure homes, especially for families who have historically been unable to access mortgages,” Ndossi said.

ABSA BANK MANAGING DIRECTOR PAYS COURTESY VISIT TO MBEYA REGIONAL COMMISSIONER

Mbeya Regional Commissioner, Hon. Beno Malisa (left), speaks with Absa Bank Tanzania Managing Director, Mr. Obedi Laiser, upon his arrival at the Regional Commissioner’s Office in Mbeya for a courtesy visit. Mr. Laiser and his delegation are in the region for an official working visit. On the right is Absa’s Mbeya Branch Manager, Mr. Alto Hagamu.

Mbeya Regional Commissioner, Hon. Beno Malisa (left), greets Absa Bank Tanzania Head of Customer Network & Sales Retail Banking, Ms. Mwilongo Msungu, as the bank’s Managing Director, Mr. Obedi Laiser (centre), and his delegation pay a courtesy visit to the Regional Commissioner’s Office in Mbeya yesterday.

Mbeya Regional Commissioner, Hon. Beno Malisa (left), shares a light moment with some directors of Absa Bank Tanzania during a courtesy visit by the bank’s Managing Director, Mr. Obedi Laiser (not in picture), and his delegation to the Regional Commissioner’s Office in Mbeya. In the centre is the bank’s Director of Retail Banking, Ms. Ndabu Swere, and Head of Customer Network & Sales Retail Banking, Ms. Mwilongo Msungu.

Mbeya, Tanzania – The Managing Director of Absa Bank Tanzania, Obedi Laiser, together with senior bank officials, paid a courtesy visit to the Mbeya Regional Commissioner, Beno Malisa, at the Regional Commissioner’s office in Mbeya during an official working visit to the region.

The visit formed part of the bank’s continued engagement with regional leadership as it strengthens partnerships aimed at supporting economic growth, financial inclusion, and business development in Mbeya and the wider southern highlands.

Upon arrival, Mr. Laiser and his delegation were warmly received by the Regional Commissioner. During the visit, the two leaders exchanged views on opportunities for collaboration between the regional administration and the banking sector to support local businesses, entrepreneurs, and community development initiatives.

Mr. Laiser was accompanied by several senior officials from the bank, including Director of Retail Banking, Ndabu Swere, Head of Customer Network & Sales Retail Banking, Mwilongo Msungu, Head of Strategy and Data, John Mosha, Head of Business Banking, Melvin Saprapasen, and Mbeya Branch Manager, Alto Hagamu.

During the meeting, the Regional Commissioner welcomed the bank’s leadership to the region and commended the role of financial institutions in supporting economic activities, particularly through financing businesses, empowering entrepreneurs, and expanding access to financial services.

UNDP, SERIKALI YA UINGEREZA YAWAKUTANISHA VIONGOZI WA VYUO VIKUU KUCHOCHEA UBUNIFU NA UJASIRIAMALI ZANZIBAR

Mhe. Fatma Mabrouk Khamis, Katibu Mkuu, Wizara ya Mawasiliano, Teknolojia ya Habari na Ubunifu, Serikali ya Mapinduzi ya Zanzibar akihutubia wageni waalikwa wakati wa uzinduzi wa semina ya Kubadilishana Wataalamu wa Kitaaluma inayolenga kuvigeuza Vyuo Vikuu kuwa injini za kuanzisha biashara bunifu changa na kukuza ujasiriamali. Semina hiyo inafanyika katika Chuo cha IIT Madras Zanzibar na kuandaliwa na UNDP Tanzania kupitia Mradi wake wa Ubunifu wa FUNGUO, kwa ushirikiano na Serikali ya Mapinduzi ya Zanzibar, ambapo imewakutanisha viongozi wa vyuo vikuu, watunga sera na wadau wa mifumo ya ubunifu kutoka Afrika Mashariki kuanzia Machi 4–6, 2026.

Godfrey Nyamrunda, Mkuu wa Ofisi Ndogo ya UNDP Zanzibar, Tanzania, akizungumza na wageni waalikwa (hawapo pichani) wakati wa uzinduzi wa semina ya Kubadilishana Wataalamu wa Kitaaluma inayolenga kuvigeuza Vyuo Vikuu kuwa injini za kuanzisha biashara bunifu changa na kukuza ujasiriamali.

Profesa Prabhu Rajagopal, Kaimu Mkurugenzi, Chuo cha IIT Madras – Kampasi ya Zanzibar, akizungumza na wageni waalikwa wakati wa uzinduzi wa semina ya Kubadilishana Wataalamu wa Kitaaluma inayolenga kuvigeuza Vyuo Vikuu kuwa injini za kuanzisha biashara bunifu changa na kukuza ujasiriamali.

Zanzibar, Machi 4, 2026 – Shirika la Umoja wa Mataifa la Maendeleo (UNDP Tanzania), kwa ushirikiano na Serikali ya Mapinduzi ya Zanzibar pamoja na Chuo cha Indian Institute of Technology Madras Zanzibar (IIT Madras Zanzibar), limewakutanisha viongozi wa vyuo vikuu, watunga sera na wadau wa mifumo ya ubunifu kutoka Afrika Mashariki kuanzia Machi 4–6, 2026, katika Mpango wa Kihistoria wa Kubadilishana Wataalamu wa Kitaaluma (Faculty Exchange Programme) unaolenga kuvigeuza Vyuo Vikuu kuwa injini za kuanzisha biashara bunifu changa (startups) na kukuza ujasiriamali.

Ingawa Vyuo Vikuu vya Afrika Mashariki vinazalisha tafiti nyingi, vipaji na miliki bunifu (intellectual property), ni uvumbuzi mchache unaofanikiwa kuingia sokoni kama biashara endelevu na zenye uwezo wa kukua. Mpango huu unalenga kuziba pengo hili la kimfumo kwa kuimarisha mifumo ya taasisi, vivutio na ushirikiano unaowezesha uanzishaji wa biashara ndani ya taasisi za elimu ya juu.

STANDARD CHARTERED–BACKED WAZO BORA PITCH AWARDS TZS 17M SEED FUNDING TO ENTREPRENEURS

DAR ES SALAAM, Tanzania – 4 March 2026 – The Wazo Bora Pitch initiative has successfully concluded after awarding TZS 17 million in seed funding to promising entrepreneurs, marking the culmination of a transformative innovation and business development program.

The initiative follows the recent announcement that Standard Chartered Bank Tanzania donated USD 11,500 to Challenges Worldwide Tanzania to support entrepreneurial growth as part of the Standard Chartered Foundation’s RISE/E program.

From Idea to Investment

The Wazo Bora Pitch program began in December 2025 with a month-long call for applications that attracted a strong pool of aspiring entrepreneurs from diverse sectors.

After the application phase, 15 participants were selected to join an intensive business bootcamp aimed at strengthening their entrepreneurial capacity. 

The program focused on:

• Refining business models
• Improving financial management skills
• Enhancing investment readiness

Following the training, seven finalists were shortlisted to compete in the final pitch event held in Dar es Salaam this week.

Winners of the Wazo Bora Pitch

At the conclusion of the competition, three outstanding entrepreneurs received seed funding to support the growth of their businesses:

• Winner: Ng’oga Masheri Kaswahili – TZS 10,000,000
• First Runner-Up: Mohamed Muhidini – TZS 4,000,000
• Second Runner-Up: Nipaeii Mtana – TZS 3,000,000

The total TZS 17,000,000 in seed funding will directly support business expansion, job creation, and market growth for the winning enterprises.

Part of a Larger Entrepreneurship Program

The Wazo Bora Pitch forms part of the broader RISE/E Program, launched in 2024 through the Standard Chartered Foundation.

The three-year program valued at TZS 2.2 billion aims to:

• Support 340 microbusinesses across Tanzania
• Create 478 new job opportunities
• Promote economic inclusion for women, youth, and persons with disabilities

Commitment to Entrepreneurial Growth

Speaking about the initiative, George Binde, on behalf of the Chief Executive Officer of Standard Chartered Bank Tanzania, highlighted the impact of the program.

“In December we announced our USD 11,500 donation to support this initiative with the support of Challenges Worldwide Tanzania. Today we are seeing tangible results of that investment.

TSL LAUNCHES COLLECTIVE INVESTMENT SCHEMES TO EXPAND OPPORTUNITIES FOR TANZANIANS

Dar es Salaam, Tanzania — Tanzania Securities Limited (TSL) has marked another significant milestone after launching two innovative collective investment schemes — Imara Fund and Kesho Tulivu Fund — aimed at expanding investment opportunities and strengthening financial inclusion in Tanzania.

The new funds are designed to enable more Tanzanians to participate in the country’s growing capital markets while promoting a stronger culture of saving and investing.

Encouraging a National Culture of Saving and Investing

The launch event was officiated by the Governor of the Bank of Tanzania, Emmanuel Tutuba, who was represented by Emmanuel Akaro.

Speaking during the event, Akaro said the Imara Fund and Kesho Tulivu Fund provide structured opportunities for citizens to participate more actively in the capital markets.

He urged Tanzanians to embrace responsible saving and investing habits as a pathway to long-term financial stability.

“Financial literacy is the foundation of personal and national prosperity. When individuals understand how to save, invest, and manage risk, they are better equipped to secure their future and contribute meaningfully to economic growth,” he said.
“A nation that invests wisely builds wealth not only for today, but for generations to come.”

Two Funds, One Goal: Empowering Investors

TSL Chief Executive Officer George R. Shumbusho explained that while the two funds differ in design, they share a common objective — empowering Tanzanians to grow, protect, and plan their wealth with confidence.

Imara Fund

The Imara Fund is an open-ended investment scheme designed to offer:

• High liquidity
• Low-risk investment profile
• Short-term capital growth

The fund primarily invests in a diversified portfolio of debt instruments, making it suitable for investors seeking flexibility and the ability to access their funds easily while still benefiting from professional fund management and strong risk controls.

Kesho Tulivu Fund

The Kesho Tulivu Fund, on the other hand, focuses on long-term wealth creation, particularly for retirement planning.

Key features include:

• Flexible investment horizons of 5, 10, or 15+ years
• Competitive long-term returns
• Convenient options such as automatic payroll deductions
• Flexible payout options including monthly, quarterly, annually, hybrid, or deferred returns

According to Shumbusho, the fund is designed to help Tanzanians build sustainable financial security for the future.

SERENGETI BREWERIES YAIMARISHA USHIRIKIANO NA WIZARA YA FEDHA KUKUZA UCHUMI WA TAIFA

Dar es Salaam, Machi 3, 2026 – Kampuni ya Bia ya Serengeti (SBL) imefanya mazungumzo ya kimkakati na Naibu Waziri wa Fedha, Mheshimiwa Eng. Mshamu Ali Munde, kwa lengo la kuimarisha ushirikiano kati ya sekta ya umma na sekta binafsi katika kukuza uchumi wa Tanzania.

Kikao hicho kililenga kujadili namna bora ya kudumisha uthabiti wa mazingira ya biashara na kuharakisha kasi ya ukuaji wa uchumi wa taifa kupitia ushirikiano imara na wa muda mrefu.

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Uongozi wa SBL Washiriki Mazungumzo

Mazungumzo hayo yaliongozwa na Mwenyekiti wa Bodi ya SBL, Paul Makanza, pamoja na Mkurugenzi Mtendaji, Obinna Anyalebechi. Uongozi wa kampuni uliwasilisha mchango wa SBL katika uchumi wa Tanzania na kusisitiza umuhimu wa sera thabiti na zinazotabirika katika kuchochea uwekezaji.

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Mchango wa SBL kwa Takwimu Muhimu

Kama mmoja wa wazalishaji wakuu wa bia nchini, SBL imewekeza zaidi ya TZS 165 Bilioni katika shughuli zake za ndani katika miaka ya hivi karibuni. Kampuni inachangia zaidi ya TZS 220 Bilioni kwa Mwaka katika uchumi wa taifa na inashikilia zaidi ya 33% ya Soko la Vinywaji Nchini.

Mbali na uzalishaji wa bia, SBL huwekeza takriban TZS 15 Bilioni kwa Mwaka katika minyororo yake ya usambazaji wa ndani, ikinunua karibu Tani 20,000 za Nafaka za Ndani kila mwaka. Hatua hii inachochea ukuaji wa minyororo ya thamani ya kilimo, kusaidia maelfu ya wakulima, kuongeza uzalishaji wa ndani, na kupunguza utegemezi wa bidhaa kutoka nje.

Kampuni pia inaunga mkono zaidi ya Ajira 800 za Moja kwa Moja na Zisizo za Moja kwa Moja, huku ikiathiri maisha ya zaidi ya Watu 140,000 Kupitia Minyororo ya Thamani – kuanzia wakulima, wasambazaji, wauzaji, hadi wawekezaji wa hoteli na baa kote nchini.

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Mazingira Thabiti ya Biashara ni Muhimu

Akizungumza katika kikao hicho, Mkurugenzi Mtendaji wa SBL, Obinna Anyalebechi, alisema:

“SBL imejikita katika hadithi ya ukuaji wa Tanzania. Uwekezaji wetu hauishii kwenye uzalishaji tu, bali unaimarisha viwanda vya ndani, kupanua wigo wa kodi, kusaidia wakulima, kuajiri Watanzania, na kujenga minyororo imara ya thamani. Mazingira ya biashara thabiti na yanayoweza kutabirika ni muhimu kwa uwekezaji wa muda mrefu, na tutaendelea kushirikiana kwa karibu na serikali kuendesha maendeleo endelevu ya uchumi.”

Kwa upande wake, Naibu Waziri wa Fedha, Mh. Eng. Mshamu Ali Munde, alisisitiza kuwa kwa mujibu wa Dira ya Maendeleo ya Taifa 2050, serikali inalenga kujenga Uchumi wa Dola Trilioni 1 ifikapo 2050, ambapo takriban 70% ya Ukuaji unatarajiwa kuendeshwa na sekta binafsi.

DAR ES SALAAM STOCK EXCHANGE RECORDS 80.8% SURGE IN MARKET CAPITALISATION

Dar es Salaam – The Dar es Salaam Stock Exchange (DSE) has reported a sharp rise in market capitalisation and trading activity in the year to February 2026, reflecting renewed investor confidence and growing participation in Tanzania’s capital markets.

Total market capitalisation climbed to TSh 34.6 trillion between January and February 2026, up from TSh 19.1 trillion recorded during the same period last year. This marks an impressive 80.8 percent year-on-year growth, signalling strong price appreciation and sustained demand for listed equities.

Investor Confidence Driving Growth

Speaking during a media briefing in Dar es Salaam, DSE Chief Executive Officer Peter Nalitolela attributed the performance to continued trust among local investors and growing awareness of the benefits of investing through the stock market.

“This is an indication that Tanzanians continue to have confidence in the market, and shares are being traded frequently, which explains such a significant increase,” Mr Nalitolela said.

Domestic Segment Posts Strong Gains

The domestic segment, comprising 22 Tanzanian companies, also delivered robust growth. Market capitalisation in this segment rose to TSh 24.4 trillion at the end of February 2026, up from TSh 12.7 trillion a year earlier — representing an average growth of approximately 90 percent.

Despite the strong performance, the total number of listed companies remains unchanged at 28, including 22 domestic firms and six foreign companies.

ABSA REAFFIRMS COMMITMENT TO WOMEN’S ECONOMIC EMPOWERMENT AS A NATIONAL GROWTH IMPERATIVE

Dar es Salaam, Tanzania – 4 March 2026

Absa Bank Tanzania Limited has reaffirmed its commitment to advancing women’s economic empowerment, positioning inclusion not as corporate philanthropy, but as a strategic national growth imperative critical to Tanzania’s long-term competitiveness.

Speaking to members of the media in Dar es Salaam, the Bank’s Managing Director, Obedi Laiser, underscored the economic case for inclusion, noting that empowering women is fundamental to sustainable growth.

“Women empowerment is not optional for growth. It is a requirement for growth,” Mr. Laiser said. “Excluding nearly half of the country’s talent pool from full economic participation represents a measurable productivity loss.”

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Inclusion Embedded in the Operating Model

Mr. Laiser explained that inclusion at Absa is not treated as a standalone initiative but is embedded within the Bank’s operating model — influencing product design, lending frameworks, leadership development, and strategic partnerships.

“Women have always demonstrated capability and resilience. The strength was always there. What often lacked was access — access to capital, networks, and formal systems,” he said. “By empowering women, we are not choosing a segment. We are choosing Tanzania’s future.”

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She Business Account: Expanding Access to Finance

A key example of this commitment is Absa’s She Business Account, a dedicated banking solution designed to address barriers that frequently exclude women entrepreneurs from the formal financial system.

The product reduces account maintenance costs while encouraging the development of strong transaction histories — a critical factor in improving credit eligibility and long-term financial inclusion.

Recognising that collateral requirements and informality often limit access to finance, the Bank has strengthened partnerships with microfinance institutions. Through a layered financing model, Absa provides capital to specialised lenders who extend financing to women entrepreneurs at the grassroots level, broadening access where it is needed most.

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Challenging Credit Risk Perceptions

Mr. Laiser also addressed common misconceptions surrounding credit risk among women-led enterprises.

“The notion that women are riskier borrowers does not align with performance data. Women-led enterprises frequently demonstrate strong repayment discipline and sustainable reinvestment behaviour,” he said.

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Building Leadership Through “ElevateHer”

Beyond financial solutions, Absa is institutionalising inclusion through structured leadership development initiatives. Mr. Laiser sponsors an internal mentorship programme known as ElevateHer, which supports mid-level female managers in strengthening executive presence, enhancing boardroom engagement, and increasing strategic visibility.

The Bank also facilitates mentorship linkages between senior female directors and emerging leaders, reinforcing leadership continuity and knowledge transfer across the organisation.

This commitment is anchored in Absa’s corporate purpose — “Empowering Africa’s tomorrow, together… one story at a time” — and its brand promise, “Your story matters.”

SAMSUNG LAUNCHES GALAXY S26 ULTRA IN TANZANIA WITH BUILT-IN PRIVACY DISPLAY AND ADVANCED AI

Dar es Salaam, Tanzania – February 27, 2026

Samsung Electronics has officially launched the highly anticipated Samsung Galaxy S26 Ultra, leading the new Samsung Galaxy S26 series in Tanzania. The latest flagship device introduces groundbreaking built-in Privacy Display technology, setting a new benchmark for smartphone privacy and AI-driven innovation.

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Privacy Redefined: Built-In Protection at Pixel Level

At a time when smartphones hold sensitive personal and professional data — from financial transactions and passwords to confidential business documents — the Galaxy S26 Ultra places privacy at the core of the user experience.

The device introduces the industry’s first built-in Privacy Display, offering real-time on-screen protection that limits side-angle visibility. Whether commuting, working remotely from a café, or attending meetings, users can confidently use their phones knowing their screens are shielded from prying eyes.

Unlike traditional privacy features that operate at app level, Privacy Display functions directly at the pixel level. Users can:

• Activate it automatically when entering PINs and passwords
• Enable it for selected apps
• Adjust protection levels based on their environment
• Maintain screen brightness and clarity without compromise

This innovation ensures seamless privacy without sacrificing display quality.

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Smarter AI-Powered Digital Security

Beyond physical screen protection, the Galaxy S26 Ultra enhances digital security with intelligent AI safeguards.

The device delivers real-time privacy alerts whenever apps attempt to access sensitive information such as precise location, contacts, or call logs without clear justification. This transparency gives users greater control and visibility into how their data is being used.

PUMA ENERGY HOSTS IFTAR TO STRENGTHEN COLLABORATION AND UNITY

Dar es Salaam, February 27, 2026 – Puma Energy Tanzania has hosted a special Iftar for its clients and partners as part of its ongoing efforts to strengthen relationships and express appreciation during the holy month of Ramadhan.

Puma Energy Tanzania Managing Director, Ms. Fatma M. Abdallah speaks during a special Iftar dinner organised by the Company.

The gathering brought together customers, stakeholders, and company leadership in a spirit of unity, reflection, and shared purpose.

A Gesture of Appreciation

The Iftar was organized as a token of gratitude to clients whose continued partnership plays a vital role in the company’s operations across the country. By convening outside a formal business setting, Puma Energy Tanzania sought to acknowledge the contributions of its customers and reinforce relationships built on trust and mutual respect.

Held during Ramadhan—a month that emphasizes compassion, generosity, and togetherness—the shared meal provided an opportunity for informal dialogue and personal connection. Guests broke their fast together and engaged directly with company representatives, strengthening bonds beyond day-to-day commercial interactions.

The event underscored the company’s belief that sustainable growth depends not only on transactions, but on enduring partnerships.

“This gathering is our way of recognizing the importance of our stakeholders and community in our journey,” said Ms. Fatma M. Abdallah, Managing Director of Puma Energy Tanzania.
“Their continued trust enables us to operate responsibly and expand access to reliable energy solutions. Ramadhan offers a meaningful moment to express gratitude and reaffirm our commitment to service, integrity, and collaboration,” she added.

The Spirit of Ramadhan

Speaking during the event, Sheikh Mkowe Abdallah highlighted the importance of community and shared responsibility during Ramadhan.

“Gathering together for Iftar strengthens the bonds of friendship and mutual respect. It is a time to reflect on our duties to one another and to the wider community, and to act with integrity and compassion,” he noted.

RAOMA NA VODACOM WAZINDUA MFUMO WA KIDIJITALI CHINI YA KAMPENI YA TWENDE ZETU DARASANI

27 Februari 2026 – Dar es Salaam, Tanzania

Taasisi isiyo ya kiserikali ya RAOMA Foundation kwa kushirikiana na kampuni ya teknolojia na mawasiliano ya Vodacom Tanzania Plc wamezindua rasmi mfumo mpya wa kidijitali wa elimu unaoitwa SOMO, chini ya kampeni mpya ya Twende Zetu Darasani.

Mfumo wa SOMO umeundwa mahususi na Vodacom Tanzania Plc kwa lengo la kusaidia ufundishaji na ujifunzaji wa masomo yote kwa kuzingatia mtaala wa elimu wa taifa. Kupitia teknolojia hii, mwalimu mmoja anaweza kufundisha wanafunzi waliopo katika maeneo mbalimbali nchini kwa wakati mmoja.

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Kuimarisha Ubora wa Elimu Kupitia Teknolojia

SOMO inalenga kuimarisha juhudi zilizopo katika sekta ya elimu kwa:

• Kuunganisha shule na walimu kupitia teknolojia
• Kutoa zana shirikishi kwa wanafunzi na walimu
• Kuhakikisha elimu ya kisasa, yenye ubora na ya kidijitali inapatikana kwa kila mwanafunzi

Akizungumza wakati wa uzinduzi huo, Mkurugenzi wa Sayansi, Teknolojia na Ubunifu kutoka Wizara ya Elimu, Prof. Ladslaus Mnyone, aliyemwakilisha Naibu Waziri wa Elimu Wanu Ameir Hafidh, alisisitiza umuhimu wa teknolojia katika kufikia malengo ya taifa.

“Tukiwa tunaelekea kufikia Dira ya Maendeleo ya 2050 ya kuwa uchumi wa dola trilioni moja za Marekani, tunatambua kuwa elimu ndiyo msingi mkuu wa mafanikio hayo. Kupitia matumizi ya teknolojia ya kidijitali katika ufundishaji na ujifunzaji, tunaongeza fursa za elimu, tunaimarisha ubora wake na tunawaandaa watoto wa Kitanzania kuwa na maarifa na stadi zitakazochochea maendeleo ya taifa letu.

Napenda kuwapongeza RAOMA Foundation pamoja na Vodacom kwa ushirikiano huu muhimu. Mfumo huu umebuniwa na wataalamu wetu wa ndani kwa ajili ya kuwahudumia watoto wa Kitanzania – haya ni mapinduzi makubwa katika sekta ya elimu.”

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Ushirikiano wa Sekta Binafsi Kuleta Mageuzi

RAOMA Foundation inashirikiana na Vodacom Tanzania kuhakikisha ndoto za wanafunzi zinatimia kupitia matumizi ya teknolojia. Ushirikiano huu ni mfano halisi wa namna sekta binafsi inavyoweza kusaidia kuboresha huduma za elimu nchini.

Mkurugenzi wa RAOMA Foundation, Rahma Abdallah, alisema:

“Tunaendelea kushirikiana na Wizara ya Elimu, Sayansi na Teknolojia, TAMISEMI pamoja na wadau wengine wa maendeleo na sekta binafsi, ili kuhakikisha mfumo huu unafika kila shule na kufanikisha elimu bora kwa kila mwanafunzi.”

NBC ‘YAIPAMBA’ DABI YA KARIAKOO, YAANDAA FUTARI MAALUM KWA WADAU NA WATEJA

Mkurugenzi wa Idara ya Wateja Binafsi (wadogo na wakubwa) wa Benki ya Taifa ya Biashara (NBC), Bw. Elibariki Masuke (kulia), akikabidhi tuzo ya Kocha Bora wa mwezi Januari wa Ligi Kuu ya NBC kwa Pedro Goncalves wa Young Africans Sports Club. Tukio hilo lilifanyika muda mfupi kabla ya kuanza kwa mechi ya Yanga dhidi ya Simba Sports Club maarufu kama ‘Kariakoo Derby’, iliyochezwa Jumapili kwenye Uwanja wa New Amaan Complex, Zanzibar. Pambano hilo lilimalizika kwa sare tasa ya 0-0.

Mkuu wa Idara ya Sheria wa Benki ya Taifa ya Biashara (NBC), Bw. Edward Lyimo (kulia), akimkabidhi tuzo kipa wa Young Africans Sports Club, Djigui Diarra, aliyeibuka Mchezaji Bora wa mechi ya Ligi Kuu ya NBC iliyowakutanisha Yanga dhidi ya Simba Sports Club maarufu kama ‘Kariakoo Derby’, iliyochezwa jana kwenye Uwanja wa New Amaan Complex, Zanzibar.

Zanzibar, Machi 2, 2026 – Benki ya Taifa ya Biashara (NBC), mdhamini mkuu wa Ligi Kuu ya NBC, Jumapili iliipamba mechi ya watani wa jadi Young Africans Sports Club (Yanga) na Simba Sports Club maarufu kama Kariakoo Derby, kwa kuandaa matukio maalum kwa wapenzi wa soka na wateja wake.

Mchezo huo ulipigwa katika Uwanja wa New Amaan Complex, Zanzibar, na kuvuta hisia za maelfu ya mashabiki uwanjani pamoja na mamilioni ya watazamaji kupitia matangazo ya moja kwa moja.

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Futari Maalum na Mtandao wa Urafiki

Kabla ya kuanza kwa pambano hilo, NBC iliandaa futari maalum kwa wateja wake na wadau wa soka. Tukio hilo lilitoa fursa ya kukutana, kubadilishana mawazo na kuimarisha mahusiano katika mazingira ya kirafiki na kimichezo.

Baada ya futari, wageni hao waliwezeshwa kusafiri kwa msafara maalum kuelekea uwanjani, ambako walishuhudia mechi hiyo kutoka jukwaa la VIP kwa hadhi ya kipekee. Licha ya pambano hilo kumalizika kwa sare tasa ya 0-0, presha na burudani ya dabi hiyo vilitosha kuwapa mashabiki thamani kamili ya muda wao.

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Tuzo ya Kocha Bora wa Mwezi

Shughuli hizo ziliongozwa na maofisa waandamizi wa NBC wakiongozwa na Mkurugenzi wa Idara ya Wateja Binafsi (wadogo na wakubwa), Bw. Elibariki Masuke. Katika hafla hiyo, tuzo ya Kocha Bora wa mwezi Januari wa Ligi Kuu ya NBC ilikabidhiwa kwa kocha wa Yanga, Pedro Goncalves.

Tukio hilo lilishuhudiwa na mashabiki waliokuwa uwanjani pamoja na watazamaji waliokuwa wakifuatilia matangazo ya moja kwa moja kupitia televisheni mbalimbali.

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‘Screen’ Kubwa Mikoa Tofauti

Mbali na Zanzibar, NBC pia iliweka screen kubwa katika maeneo mbalimbali ya mikoa ya Dar es Salaam, Dodoma, Kigoma, Moshi na Mbeya. Hatua hiyo ililenga kuhakikisha mashabiki wengi zaidi wanapata fursa ya kushuhudia dabi hiyo kubwa zaidi nchini na mojawapo ya mechi zenye mvuto mkubwa Afrika Mashariki.

SBL YAZINDUA RASMI SERENGETI PREMIUM APPLE, KINYWAJI KILICHOTENGENEZWA TANZANIA

Dar es Salaam, Tanzania – Kampuni ya Serengeti Breweries Limited (SBL) imezindua rasmi Serengeti Premium Apple, ikiweka historia kama kinywaji cha kwanza cha hadhi ya juu aina ya Ready-to-Drink (RTD) kutengenezwa hapa nchini Tanzania.

Uzinduzi huu unaashiria mabadiliko makubwa katika soko ambalo kwa muda mrefu limetawaliwa na bidhaa za kuagiza kutoka nje ya nchi. Kupitia Serengeti Premium Apple, SBL inaleta sokoni bidhaa ya kisasa, ya kiwango cha kimataifa, iliyobuniwa na kuzalishwa kikamilifu nchini.

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Kubadili Mwelekeo wa Soko la RTD Tanzania

Katika miaka ya karibuni, soko la vinywaji vya RTD limekua kwa kasi, hasa miongoni mwa watumiaji wa mijini wanaotafuta ladha ya kisasa na ubora wa juu. Hata hivyo, ukuaji huo kwa muda mrefu umefaidisha zaidi chapa za kimataifa.

Serengeti Premium Apple imekuja kubadilisha simulizi hiyo.

Bidhaa hii ni ushahidi wa uwezo wa viwanda vya ndani kuzalisha bidhaa zenye ushindani wa kimataifa, iliyoundwa mahsusi kwa Mtanzania wa kisasa anayethamini mtindo wa maisha wenye ubora na utofauti.

“Hatua hii ni kuthibitisha kuwa vinywaji vyenye ubora wa juu na viwango vya kimataifa vinaweza na kupaswa kuwa vya ndani ya nchi,” amesema Henry Esiaba, Mkurugenzi wa Masoko na Ubunifu wa SBL.
“Kwa kuwekeza katika uzalishaji wa ndani, tunaimarisha mnyororo wa thamani wa ndani, kusaidia ajira, na kuchangia malengo ya kitaifa ya uendelezaji wa viwanda, huku tukikidhi ladha na mahitaji yanayobadilika ya watumiaji wa Kitanzania.”

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Ladha ya Kisasa kwa Mtanzania wa Leo

Serengeti Premium Apple ni muunganiko wa kipekee wa ladha ya tufaha yaliyoiva vizuri chini ya mwanga wa jua, ukiwa na mng’aro angavu na wa kipekee.

Kinywaji hiki kinatoa:

• Ladha safi na yenye uwiano mzuri
• Utamu wa kiasi unaokubalika kirahisi
• Uburudisho wa hali ya juu katika kila funda

SUNIL BHARTI MITTAL CONFERRED GSMA LIFETIME ACHIEVEMENT AWARD FOR TRANSFORMING GLOBAL TELECOMMUNICATIONS

New Delhi, March 02, 2026 – The GSMA has conferred a rare Lifetime Achievement Award on Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises, recognising his transformative role in reshaping the global telecommunications landscape and expanding connectivity to billions worldwide.

The prestigious honour, bestowed on only a handful of industry leaders in GSMA’s history, celebrates contributions that have left a lasting and defining mark on the global communications ecosystem.

The award was presented during the globally renowned Mobile World Congress in Barcelona, in the distinguished presence of Felipe VI, Pedro Sánchez, Salvador Illa, and other global industry leaders.

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A Visionary Leader in Global Telecom

A pioneer in the telecom sector, Mittal built Bharti Airtel into one of the world’s leading mobile operators, with operations across India and Africa. Today, Airtel ranks among the top three mobile operators globally, serving over half a billion customers.

He played a pivotal role in expanding mobile services across emerging markets, helping bridge the digital divide. As Chairman of the GSMA from 2017 to 2018, he championed policies that encouraged investment and innovation while strengthening the industry’s commitment to connecting the unconnected and advancing digital inclusion.

Mittal was previously honoured with the GSMA Chairman’s Award in 2008 and again in 2016 for his outstanding contributions to the global mobile industry. He was also felicitated at Mobile World Congress in February 2019 in recognition of his Chairmanship.

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“Telecommunication Expands Opportunity”

On receiving the award, Mittal said:

“I am deeply honoured to receive this recognition and sincerely thank the GSMA for this award. I accept it not only as a personal milestone, but as a tribute to India’s telecom journey, the collective spirit of Bharti, and the rise of Indian telecom companies on the global stage.

Equally, the award reflects the progress of an industry that has connected billions and belongs to the customers we serve, the teams who built our institutions, and the partners who believe in the transformative power of connectivity.