Blog Rebranding Teaser_030826

Blog Rebranding Teaser_030826

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Stanbic Bank Banner_070826

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Absa Loan Campaign_160426

Wednesday, 22 April 2026

STANBIC BANK TANZANIA MARKS EARTH DAY WITH "BLUE ROOTS" TREE PLANTING DRIVE


Omari Mtiga, Head of Personal and Private Banking at Stanbic Bank Tanzania, plants a tree to commemorate Earth Day 2026 under the Blue Roots campaign, which aims to plant 50,000 trees across Tanzania as part of a broader Africa-wide initiative by Standard Bank Group to plant one million trees. Beside him is Annette Nkini, Specialist, Sustainability and ESG Performance at Stanbic Bank Tanzania.

Driving environmental sustainability while supporting long-term economic growth

Dar es Salaam, Tanzania — April 22, 2026 — In celebration of Earth Day 2026, Stanbic Bank Tanzania has launched its Blue Roots campaign, a bold, continent-wide tree planting initiative under its parent company, Standard Bank Group. The campaign aims to plant one million trees across Africa, symbolising the Group’s one million business clients and reinforcing its commitment to sustainable development.

As part of this ambitious initiative, Stanbic Tanzania has pledged to plant 50,000 trees nationwide, contributing to environmental conservation while promoting healthier and more resilient communities.

A Step Towards Greener Communities

The campaign was officially launched at the Bank’s Head Office in Dar es Salaam, where leadership and staff took part in a symbolic tree planting exercise. The event highlighted Stanbic’s ongoing commitment to responsible growth and environmental stewardship.

For more than three decades, Stanbic Tanzania has played a pivotal role in the country’s socio-economic transformation—supporting businesses, enabling trade, and contributing to national development. The Blue Roots campaign builds on this legacy by aligning economic progress with environmental sustainability.

Building on a Strong Environmental Track Record

Stanbic’s commitment to environmental protection is not new. Over the past five years, the Bank has planted more than 102,850 trees across Tanzania, demonstrating a sustained effort to enhance green spaces and promote environmental awareness at the community level.

Tree planting initiatives such as Blue Roots offer far-reaching benefits—from improving air quality and soil health to protecting water sources and fostering healthier living environments. These efforts also contribute to long-term climate resilience, a key priority for sustainable development.

Leadership Perspectives

Speaking during the launch, Omari Mtiga, Head of Personal and Private Banking at Stanbic Bank Tanzania, emphasized the importance of balancing growth with environmental responsibility:

For over 30 years, Stanbic has grown alongside Tanzania, supporting businesses and contributing to the country’s progress. The Blue Roots campaign reflects our commitment to continue building growth that also protects the environment and creates long-term value.”

Annette Nkini, Specialist in Sustainability and ESG Performance, highlighted the broader impact of the initiative:

Tree planting is one of the ways we invest in communities and the future. Through our programmes, we aim to deliver impact that supports both people and the environment in a practical and meaningful way.”

NBC NA AZAM TV WAZINDUA “KONA YA NBC”: JUKWAA JIPYA LINALOUNGANISHA SOKA, MAARIFA NA FURSA ZA KIUCHUMI

Mkurugenzi Mtendaji wa NBC, Theobald Sabi (wa pili kushoto), akiwa na Afisa Mtendaji Mkuu wa Bodi ya Ligi, Cornel Barnabas (wa pili kulia), Meneja wa Mahusiano ya Umma wa Azam Media, Christina Korosso (katikati), Mkurugenzi wa Fedha wa NBC, Rayson Foya (kushoto), pamoja na Mkuu wa Mikakati wa NBC, Msafiri Shayo (kulia), wakionyesha baadhi ya taarifa muhimu kuhusu kipindi kipya cha uchambuzi wa soka “Kona ya NBC”. Kipindi hicho, kinachoandaliwa na mdhamini mkuu wa Ligi Kuu ya NBC—Benki ya Taifa ya Biashara (NBC) kwa kushirikiana na Azam TV, kinalenga kuunganisha burudani, maarifa na fursa za kiuchumi kwa wadau wa soka nchini. Tukio hilo lilifanyika jana jioni jijini Dar es Salaam.
Akizungumza katika uzinduzi huo, Mkurugenzi Mtendaji wa NBC, Theobald Sabi alisisitiza kuwa uwekezaji wa benki hiyo kwenye soka unaenda mbali zaidi ya udhamini wa kawaida—unalenga kujenga mfumo endelevu wa kiuchumi unaonufaisha wadau wote wa mchezo huo.

Dar es Salaam, Aprili 21, 2026 — Katika hatua inayodhihirisha mwelekeo mpya wa maendeleo ya soka nchini Tanzania, mdhamini mkuu wa Ligi Kuu ya NBC, Benki ya Taifa ya Biashara (NBC), kwa kushirikiana na Azam TV, wamezindua rasmi kipindi kipya cha uchambuzi wa soka kiitwacho “Kona ya NBC”—jukwaa la kisasa linalolenga kuunganisha burudani, maarifa na fursa za kiuchumi kwa wadau wa mchezo huo.

Uzinduzi huo wa kihistoria ulifanyika jijini Dar es Salaam, ukihusisha wadau mbalimbali wa soka wakiwemo viongozi wa taasisi, wachambuzi wa michezo, wanahabari, pamoja na wachezaji wa zamani na wa sasa. Miongoni mwa waliohudhuria ni Mkurugenzi Mtendaji wa NBC, Theobald Sabi, Afisa Mtendaji Mkuu wa Bodi ya Ligi, Cornel Barnabas, na Meneja wa Mahusiano ya Umma wa Azam Media, Christina Korosso.

Akizungumza kwenye hafla hiyo, Afisa Mtendaji Mkuu wa Bodi ya Ligi, Cornel Barnabas aliipongeza NBC kwa mchango wake mkubwa katika mageuzi ya soka la Tanzania, akieleza kuwa uwekezaji huo unaendelea kufungua milango mipya ya fursa kwa vijana na kuimarisha nafasi ya soka katika uchumi wa taifa.

Hafla hiyo ilirushwa mubashara kupitia Azam TV na pia kuoneshwa katika ukumbi wa kisasa wa Century Cinemax, ikionesha namna teknolojia na burudani zinavyoweza kuunganishwa ili kuleta uzoefu mpya kwa mashabiki wa soka.

Akizungumza wakati wa uzinduzi, Theobald Sabi alisisitiza kuwa uwekezaji wa NBC kwenye soka unaenda mbali zaidi ya udhamini wa kawaida, akilenga kujenga mfumo endelevu wa kiuchumi.

Kupitia ‘Kona ya NBC’, tunapanua wigo wa thamani katika soka—kuanzia kwa wachezaji, vilabu, vyombo vya habari hadi wafanyabiashara. Huu ni uwekezaji unaolenga ajira, ubunifu na ustawi wa vijana,” alisema.

Aliongeza kuwa tangu mwaka 2023, NBC imewekeza zaidi ya shilingi bilioni 32.6 katika maendeleo ya soka, ikiwa ni pamoja na udhamini wa Ligi Kuu ya NBC, ligi daraja la kwanza na ligi za vijana—hatua iliyochochea ushindani na uimara wa kifedha wa vilabu.

ABSA BANK REGIONAL EXECUTIVE STRENGTHENS STRATEGIC PARTNERSHIPS IN TANZANIA

Saviour Chibiya (third right), Absa Bank East Africa Regional Executive, engaged in a strategic discussion with Rumisho Shikonyi (third left), Country Manager of Watu Credit Tanzania, during a courtesy visit to the asset finance company in Dar es Salaam. He was accompanied by Absa Bank Tanzania Managing Director, Obedi Laiser (second right), along with members of the executive committee.

Dar es Salaam, Tanzania; 22 April 2026 — Absa Bank Tanzania continues to deepen its regional footprint and strategic alliances following a high-level visit by Saviour Chibiya, Absa Bank East Africa Regional Executive, who is currently in the country on an official working tour.

During his visit, Mr. Chibiya paid a courtesy call to Watu Credit Tanzania, where he engaged in strategic discussions with the company’s Country Manager, Rumisho Shikonyi. The meeting underscored a shared commitment to strengthening collaboration, unlocking new business opportunities, and driving sustainable growth across Tanzania and the broader East African region.

Accompanied by Absa Bank Tanzania Managing Director, Obedi Laiser and members of Absa’s executive committee, Mr. Chibiya emphasized the importance of partnerships in advancing financial inclusion and supporting key sectors such as asset financing. The engagement highlighted how strategic alliances between financial institutions and asset finance providers can accelerate access to credit, particularly for small and medium-sized enterprises (SMEs) and individuals.

Speaking during the visit, both institutions reaffirmed their commitment to leveraging their respective strengths to deliver innovative financial solutions tailored to the evolving needs of customers. The discussions also explored avenues for expanding financing solutions that support mobility, entrepreneurship, and economic empowerment.

NBC NA VETA WAZINDUA ‘NBC WAJIBIKA SCHOLARSHIP’ KUWAINUA VIJANA 588 KUPITIA MAFUNZO YA UFUNDI STADI

Mkurugenzi Mtendaji wa Benki ya NBC, Theobald Sabi (wa pili kulia) pamoja na Mkurugenzi Mkuu wa Mamlaka ya Elimu na Mafunzo ya Ufundi Stadi (VETA), Anthony Kasore (wa pili kushoto) wakionesha mfano wa hundi yenye thamani ya Tsh Milioni 150 ikiwa ni thamani ya ufadhili unaotelewa na benki hiyo katika kufadhili utekelezaji wa mpango wa ufadhili wa masomo ya ufundi kwa vijana nchini unaofahamika kama “NBC Wajibika Scholarship”. Hafla ya uzinduzi wa utekelezaji wa mpango huo ilifanyika jijini Dar es Salaam ikihusisha maofisa kutoka pande zote mbili. Kushoto ni Mkuu wa Idara ya Sekta ya Umma wa NBC, Joyce Maruba na Meneja wa Mafunzo ya Ufundi Stadi VETA, Anna Nyoni (kulia).

Dar es Salaam, Aprili 21, 2026 — Katika hatua muhimu ya kuendeleza ajira na kujenga nguvu kazi yenye ujuzi nchini, Benki ya Taifa ya Biashara (NBC) kwa kushirikiana na Mamlaka ya Elimu na Mafunzo ya Ufundi Stadi (VETA) wamezindua rasmi mpango wa ufadhili wa masomo ya ufundi unaojulikana kama “NBC Wajibika Scholarship.”

Mpango huu unalenga kuwainua vijana 588 kupitia mafunzo ya muda mfupi ya ufundi stadi, ikiwa ni sehemu ya mchango wa taasisi hizo katika kuunga mkono jitihada za serikali za kupunguza ukosefu wa ajira na kukuza uchumi wa taifa.

Uzinduzi huo ulifanyika katika makao makuu ya NBC jijini Dar es Salaam, ukihudhuriwa na viongozi waandamizi kutoka pande zote mbili, akiwemo Mkurugenzi Mtendaji wa NBC, Theobald Sabi, pamoja na Mkurugenzi Mkuu wa VETA, Anthony Kasore.

Akizungumza katika hafla hiyo, Bw. Sabi alibainisha kuwa NBC imetenga jumla ya shilingi milioni 150 kufadhili programu hiyo katika awamu ya kwanza. Alieleza kuwa vijana watakaonufaika watapata mafunzo katika fani zenye uhitaji mkubwa sokoni, zikiwemo umeme, uhandisi mitambo, ujenzi, pamoja na huduma za hoteli na utalii.

Mafunzo haya si tu yatatoa vyeti, bali yatatoa ujuzi wa vitendo unaohitajika katika kujiajiri au kuajiriwa. Tunataka vijana hawa wawe sehemu ya suluhisho la kiuchumi nchini,” alisema Bw. Sabi.

Mafunzo hayo yatadumu kati ya miezi mitatu hadi sita na yatatolewa katika vyuo vya VETA vilivyopo Morogoro (Kihonda) na Mwanza. Ili kuimarisha ujumuishaji wa kifedha, kila mnufaika atafunguliwa akaunti ya NBC Kua Nasi, pamoja na kuunganishwa na fursa za kibiashara kupitia majukwaa ya NBC Business Club.

GEITA GOLD MINING CHAMPIONS PSYCHOSOCIAL WELLBEING AT NATIONAL OSHA SAFETY WEEK 2026

Geita Gold Mining Limited (GGML), a subsidiary of AngloGold Ashanti and one of Tanzania’s leading gold producers, is reinforcing its commitment to holistic workplace safety through active participation in the national exhibition organized by the Occupational Safety and Health Authority (OSHA). The event is scheduled to take place in Njombe from 24 to 30 April 2026.

GGML’s presence at OSHA Safety Week underscores a forward-looking approach to occupational health—one that goes beyond traditional compliance to prioritise psychosocial wellbeing, an increasingly critical component of modern workplace safety frameworks.

Elevating Psychosocial Health in the Workplace

This year’s World Day for Safety and Health at Work, marked on 28 April, is guided by the theme: “Good Psychosocial Working Environments: A Pathway to Thriving Workers and Strong Organisations.” The theme highlights the growing recognition that factors such as workload management, communication practices, leadership styles, and organisational support systems are just as vital as physical safety measures.

For GGML, this is not a new direction but a reaffirmation of its long-standing values.

At the heart of GGML’s operations is a safety-first culture that places the physical and mental wellbeing of its workforce above all business objectives. This philosophy is anchored in the company’s broader values of respect, collaboration, and people-centric leadership.

Leadership Perspective: Wellbeing as a Performance Driver

The wellbeing of our people is not separate from the performance of this mine—it is the foundation of it,” said Ashraf Suryaningrat. “A productive, thriving operation depends on a workforce that is healthy, supported, and respected. OSHA Safety Week provides a vital platform to reaffirm that commitment while contributing to the national dialogue on psychosocial health.”

EQUITY BANK YATOA FURSA KWA WANAWAKE 80 KUPITIA "WOMEN IN LEADERSHIP DEVELOPMENT PROGRAMME"

Aprili 21, 2026 - Katika hatua nyingine muhimu ya kukuza usawa wa kijinsia na kuimarisha uongozi wa wanawake ndani ya sekta ya fedha, Equity Bank Tanzania imezindua rasmi Equity Bank Women in Leadership Development Programme—mpango wa kimkakati unaotekelezwa kwa ushirikiano na International Finance Corporation (IFC) pamoja na Impact Leadership Academy.

Programu hii ya miezi minne inalenga kujenga safu imara ya viongozi wanawake wa baadaye ndani ya benki, huku ikisisitiza kuwa ajenda ya watu ni msingi wa kujenga taasisi imara, jumuishi na yenye matokeo endelevu.

Kupitia mpango huu, wanawake wafanyakazi 80 watanufaika—sawa na asilimia 32 ya wafanyakazi wanawake wa benki—wengi wao wakiwa wataalamu vijana wenye matarajio makubwa ya ukuaji wa kitaaluma. Washiriki watapitia safari ya kina ya maendeleo ya kiuongozi, itakayojumuisha tathmini binafsi, warsha za uongozi, uongozi elekezi (coaching), pamoja na malezi ya kitaaluma (mentorship). Hii inaakisi dhamira ya Equity ya kuwekeza kwa makusudi katika rasilimali watu wake na kuwaandaa kwa nafasi za juu zaidi za uongozi na uwajibikaji.

Akizungumza wakati wa uzinduzi huo, Mkurugenzi Mtendaji wa Equity Bank Tanzania, Bi. Isabella Maganga, alisisitiza kuwa programu hiyo si tukio la kawaida, bali ni uwekezaji wa kimkakati katika mustakabali wa taasisi.

Kwetu sisi, kuendeleza viongozi wanawake si jambo la ziada; ni sehemu ya kujenga taasisi yenye nguvu, yenye mtazamo mpana, na inayoweka watu wake katika nafasi ya kuleta matokeo ya muda mrefu,” alisema.

Kwa upande wake, Mkuu wa Rasilimali Watu wa benki hiyo, Bi. Martha Stephen Kimweri, alibainisha kuwa uzinduzi huu ni hatua ya kugeuza dhamira kuwa vitendo.

Katika Equity tunaamini kuwa vipaji vipo kila mahali, lakini fursa lazima ziundwe kwa makusudi, zikuziwe na zidumishwe. Kupitia programu hii, tunafungua njia zitakazowawezesha wanawake zaidi kukua, kuongoza na kuchangia kikamilifu katika mafanikio ya pamoja ya taasisi,” alieleza.

Monday, 20 April 2026

SBL YAZINDUA SERENGETI PREMIUM APPLE – KINYWAJI CHENYE LADHA YA KIPEKEE KILICHOTENGENEZWA TANZANIA

Uzinduzi wa kihistoria kufanyika katika mandhari ya kipekee ya Hifadhi ya Taifa ya Serengeti

Dar es Salaam — Aprili 17, 2026

Kampuni ya Serengeti Breweries Limited (SBL) imeandika historia mpya katika soko la vinywaji nchini kwa kuzindua Serengeti Premium Apple, kinywaji cha kwanza cha Ready-to-Drink (RTD) chenye hadhi ya juu kilichotengenezwa Tanzania. Chapa hii mpya inaleta ladha ya kipekee ya tufaha, ikiwa imebeba utambulisho wa Kitanzania na kuakisi maisha ya kisasa yenye ndoto, mafanikio, na sherehe.

Uzinduzi wenye hadhi ya kimataifa

Katika hatua ya kipekee, uzinduzi wa Serengeti Premium Apple unatarajiwa kufanyika ndani ya Hifadhi ya Taifa ya Serengeti — moja ya vivutio maarufu zaidi duniani. Tukio hili linaunganisha ubunifu wa bidhaa na uzuri wa asili ya Tanzania, likitoa uzoefu unaovuka mipaka ya uzinduzi wa kawaida.

Bidhaa inayobeba fahari ya ndani

Akizungumza katika uzinduzi huo, Mkurugenzi Mtendaji wa SBL, Obinna Anyalebechi, alisema kuwa uzinduzi wa Serengeti Premium Apple ni hatua muhimu kwa kampuni katika kuleta ubunifu unaoendana na mahitaji ya watumiaji wa kisasa.

Hiki siyo tu kinywaji, bali ni ishara ya mwelekeo wa Tanzania. Mtumiaji wa leo hanywi tu, anatengeneza kumbukumbu muhimu za maisha,” alisema Anyalebechi.
Uzalishaji wa ndani unaimarisha uchumi, unazalisha ajira, na kuthibitisha kuwa bidhaa za Tanzania zinaweza kushindana kimataifa.”

Kwa maneno yake, bidhaa hii imeundwa mahsusi kwa watumiaji wanaotafuta ladha nyepesi, yenye kuburudisha, na inayobeba hadhi ya juu.

Mkakati wa kukuza utalii na ubunifu

Kwa kuchagua Serengeti kama jukwaa la uzinduzi, SBL inaonyesha dhamira ya kuunganisha sekta ya vinywaji na utalii. Kupitia ushiriki wa watengeneza maudhui na wabunifu wa ndani, hadithi ya chapa hii inatarajiwa kusimuliwa kwa njia ya picha, video, na simulizi zitakazoiweka Tanzania kwenye ramani ya kimataifa.

Mkurugenzi wa Ubunifu na Masoko wa SBL, Henry Esiaba, alisisitiza kuwa huu si uzinduzi wa kawaida:

Huu ni mwaliko wa kusherehekea kile ambacho Tanzania inaweza kutengeneza. Tunawaleta pamoja wabunifu na sauti halisi za utamaduni wetu katika moja ya maeneo mazuri zaidi duniani — huu ni mwanzo wa hadithi mpya ya fahari ya Kitanzania.”

BENKI YA EQUITY TANZANIA YAZINDUA TAWI JIPYA UBUNGO, NDANI YA EACLC MALL DAR ES SALAAM

Benki ya Equity Tanzania imezindua rasmi tawi jipya la Ubungo lililopo ndani ya East African Commercial Logistics Centre (EACLC Mall), ghorofa ya kwanza, jijini Dar es Salaam. Uzinduzi huu ni sehemu ya mkakati wa benki hiyo wa kusogeza huduma za kifedha karibu na wateja na kuongeza urahisi wa upatikanaji wa huduma kwa wakazi wa Ubungo na maeneo jirani.

Tawi hili jipya linatoa huduma kamili za kibenki, ikiwemo kufungua akaunti, utoaji wa mikopo, kuweka na kutoa fedha, huduma za fedha za kimataifa (money transfer), huduma za biashara, pamoja na usaidizi kwa wateja. Kupitia hatua hii, Equity Tanzania inaendelea kuimarisha mtandao wake wa matawi nchini ili kuwafikia Watanzania wengi zaidi.

Akizungumza wakati wa uzinduzi huo, Mkurugenzi Mtendaji wa Benki ya Equity Tanzania, Bi. Isabela Maganga, alisema kuwa kufunguliwa kwa tawi la Ubungo—ambalo ni tawi la kibiashara—ni sehemu ya mkakati wa kitaifa wa benki hiyo wa kuhakikisha wananchi wanapata huduma za kifedha karibu na maeneo wanayoishi na kufanyia shughuli zao za kiuchumi.

Tunendelea kuwekeza katika miundombinu ya matawi pamoja na teknolojia ili kuhakikisha huduma zetu zinawafikia Watanzania wengi zaidi, hasa waliopo katika maeneo yenye shughuli nyingi za kiuchumi. Ubungo ni kitovu muhimu cha biashara na usafiri, hivyo tawi hili litachochea ukuaji wa shughuli za kifedha kwa wafanyabiashara na wakazi wa eneo hili,” alisema Bi. Maganga.

Aliongeza kuwa benki hiyo itaendelea kuwekeza katika sekta za kimkakati zikiwemo biashara, kilimo, elimu na afya, kwa kutoa mikopo nafuu na huduma bunifu zitakazochochea ukuaji wa uchumi wa taifa.

BELIEF IN MOTION: NCBA BANK TANZANIA TURNS STRATEGY INTO GROWTH IN 2025

NCBA Bank Tanzania Managing Director, Alex Mziray.

A Market in Transition, Backed by Scale

At a time when many financial institutions are navigating pressure on margins and growth, NCBA Bank Tanzania is demonstrating what disciplined execution looks like. The bank closed 2025 with total assets up 17.8% to TZS 604.0 billion, while profit remained steady at TZS 16.1 billion, underscoring a business built for resilience.

These results are strengthened by the bank’s position within a larger regional platform. Across East Africa, NCBA Group PLC reported total assets of TZS 13.2 trillion, profit before tax of TZS 516 billion, and profit after tax of TZS 433 billion for the year ended 2025, reflecting a business that has scaled with discipline and consistency.

Consistency in Earnings, Momentum in Scale

For the year ended 31 December 2025, NCBA Tanzania reported a profit of TZS 16.1 billion, reflecting a 0.6% increase from TZS 16.0 billion in 2024. In a year characterised by tightening margins and evolving cost dynamics, this stability highlights disciplined financial management.

At the same time, total assets grew by 17.8% from TZS 512.8 billion to TZS 604.0 billion, signalling increased customer confidence and a deeper role in supporting economic activity.

Revenue remained resilient, with operating and other income at TZS 50.5 billion and net interest income at TZS 38.5 billion, demonstrating the bank’s ability to sustain core income streams while adapting to a dynamic operating environment.

Friday, 17 April 2026

SOUTH AFRICAN COURT RULING IN $195 MILLION MINING DISPUTE RAISES STAKES AHEAD OF TANZANIA HEARING

Ambassador Charles R. Stith, a former U.S. envoy to Tanzania.

Dar es Salaam, Tanzania; 17 April 2026 — A high-profile cross-border mining dispute involving Tanzanian interests has taken a new turn after a ruling by the Johannesburg High Court, delivered just days before proceedings are set to begin at the High Court of Tanzania (Commercial Division).

The case pits Pula Graphite Partners against African Rainbow Capital (ARC), a company linked to South African billionaire Patrice Motsepe, in a dispute valued at approximately $195 million.

South African Court Clears ARC of Liability

In its ruling, the Johannesburg High Court found that ARC had been wrongly included in the case and could not be held liable under a 2019 confidentiality agreement central to the dispute.

The court determined that the agreement was signed between Pula Group and African Rainbow Minerals (ARM), not ARC. As such, ARC had no contractual obligations and could not be accused of breaching terms it never agreed to.

The judgment further stated that Pula had not established a valid contractual claim against ARC. It also affirmed South African jurisdiction over the matter, noting that the agreement was signed in Gauteng and governed by South African law.

The ruling was widely reported in South Africa, with media highlighting ARC’s legal victory in what has become a closely watched case.

STANBIC BANK COMMITS TZS 500 MILLION TO BOOST EARLY CHILDHOOD DEVELOPMENT IN ZANZIBAR

Hon. Lela Muhamed Mussa, Minister of Education and Vocational Training (centre), receives a symbolic cheque valued at TZS 500 million from Stanbic Bank Tanzania during the launch of the Early Childhood Development (ECD) initiative in Zanzibar. To her left is Derick Lugemala, Chief Financial and Value Officer of Stanbic Bank Tanzania, and to her right is Angela Kauleni, Country Director for Save the Children Tanzania. Also present are Prof. Mohammed Hafidh Khalfan, Chief Executive Officer of the Presidential Delivery Bureau (far left), and Anna Athanas Paul, Minister of Community Development, Gender, Elderly and Children (far right).

Zanzibar – 16 April 2026 — A powerful new chapter in early childhood development has begun in Zanzibar, as the Revolutionary Government of Zanzibar, in partnership with Save the Children and Stanbic Bank Tanzania, officially launched the Adopt-an-ECD Centre initiative.

The programme, unveiled during a soft launch at the Ministry of Education and Vocational Training, represents a transformative public-private partnership aimed at expanding access to quality Early Childhood Development (ECD) services across Zanzibar.

Bridging the Early Learning Gap

While every child deserves a strong start, many children in Zanzibar—particularly those aged between 2 and 5—still lack access to safe, structured, and nurturing early learning environments. The Adopt-an-ECD initiative seeks to close this gap by introducing scalable ECD centre models tailored to diverse community needs.

These include:

  • Community-based centres
  • Market-based centres
  • Institution-based centres
  • Workplace-based centres

This flexible approach is designed to ensure accessibility while supporting families, especially women, to actively participate in economic activities.

TZS 500 Million Commitment to Transform Lives

As part of its commitment, Stanbic Bank Tanzania has pledged TZS 500 million toward the initiative. During the launch, the bank symbolically handed over TZS 185 million as the first phase of funding.

The initial investment will fund the development of a model ECD centre at Kwerekwe Market, creating a safe and stimulating environment for young children while enabling parents to pursue income-generating opportunities.

ECOBANK STRENGTHENS GOVERNMENT PARTNERSHIPS, SHOWCASES STRATEGIC IMPACT DURING HIGH-LEVEL GROUP VISIT

Dar es Salaam, Tanzania – 16 April 2026: Ecobank Tanzania has reaffirmed its commitment to supporting national development priorities following a high-level visit by a delegation from Ecobank Group, led by Group Executive for Corporate and Investment Banking, Michael Larbie.

The visit, which forms part of ongoing efforts to strengthen collaboration across Ecobank’s pan-African network, provided a strategic platform to showcase the bank’s growing footprint and impact within Tanzania’s economy.

Driving National Development Through Strategic Engagement

During the visit, Ecobank Tanzania highlighted its active role in supporting key Government initiatives aimed at accelerating economic growth, improving infrastructure, and enhancing financial systems.

Managing Director, Dr. Charles Asiedu emphasized that the bank’s involvement reflects a long-term commitment to sustainable development.

These engagements demonstrate the bank’s commitment to driving sustainable development, fostering financial inclusion, and facilitating trade and investment across critical sectors of the economy,” he noted.

Ecobank’s contributions span several strategic national projects, including:

  • Participation in the Standard Gauge Railway (SGR) Project (Lots 1 & 2), a flagship transport infrastructure initiative
  • A syndicated financing facility for the Ministry of Finance to support fiscal stability and public investment
  • Facilitation of collections for the Tanzania Ports Authority, strengthening revenue mobilization
  • Financing of a modern football stadium in Fumba, Zanzibar, ahead of AFCON 2027
  • Ongoing support for government revenue collection through secure digital banking platforms

Strengthening Zanzibar Collaboration and Investment Dialogue

A key highlight of the visit was a high-level meeting with the President of Zanzibar and Chairman of the Revolutionary Council, Dr. Hussein Ali Mwinyi.

Discussions focused on expanding collaboration in priority sectors such as trade, investment, road infrastructure, and the blue economy—areas considered critical to Zanzibar’s long-term economic transformation.

President Mwinyi commended Ecobank for its continued partnership with the Revolutionary Government of Zanzibar and reaffirmed the importance of sustained collaboration. He also underscored emerging investment opportunities, particularly in ports, infrastructure development, and maritime-based economic activities.

Supporting AFCON 2027 Infrastructure Development

The delegation also visited the offices of Turkish Contractor, Orkun Group to assess progress on a major stadium project in Zanzibar.

The project, part of preparations for AFCON 2027, aims to deliver world-class sports infrastructure aligned with international standards. Ecobank Tanzania is playing a key financing role in the development.

During the visit, the team observed significant progress across multiple phases of implementation, alongside strong execution standards and timelines.

Ecobank noted that its involvement reflects a broader commitment to supporting transformative infrastructure projects that drive economic growth, create jobs, and enhance Tanzania’s global competitiveness.

DAR ES SALAAM SET TO HOST FIRST-EVER INTERNATIONAL COMEDY FESTIVAL – PICF 2026

Dar es Salaam, Tanzania; 15 April 2026 — Tanzania’s entertainment scene is set for a major milestone as Punchline Africa officially announces the launch of the Punchline International Comedy Festival (PICF) 2026, the country’s first international comedy festival.

Scheduled to take place from 25 May to 1 June 2026 in Dar es Salaam, the week-long festival will bring together top comedians from across Africa for a vibrant celebration of humor, creativity, and cultural exchange.

A Week of Laughter, Culture, and Connection

PICF 2026 promises an exciting lineup of live performances, media engagements, and interactive cultural experiences, culminating in a spectacular Grand Finale at the Superdome.

The festival will feature both English and Swahili comedy performances, showcasing the diversity and richness of comedic talent across the continent while creating a platform for cross-cultural storytelling.

Comedy Meets Mental Wellness

Beyond entertainment, PICF 2026 places strong emphasis on the role of comedy in promoting mental wellness. At a time when many people face increasing social and personal pressures, the festival aims to highlight laughter as a powerful tool for healing, connection, and emotional well-being.

Speaking about the initiative, Punchline Africa Co-Founder Evans Bukuku noted:

Comedy is not just about making people laugh. It helps people make sense of life, relieve stress, and connect with one another. Through PICF, we want to create a space where people leave feeling lighter, even as they navigate everyday challenges.”

Strong International and Institutional Support

The festival has garnered strong backing from international and local partners, including the French Embassy in Tanzania.

French Ambassador Anne Sophie Ave emphasized the importance of supporting young creative talent:

Many young people are incredibly talented and are already creating innovative content, but often lack confidence. We believe this platform will inspire them to step forward, grow, and access international opportunities.”

She also highlighted Tanzania’s significance as a host nation:

Tanzania has historically been a hub for Pan-African unity. Through comedy, the country can continue to bring Africa together in a unique and powerful way.”

A Boost for Tanzania’s Creative Industry

The Tanzania Film Board has welcomed the initiative, describing it as a potential turning point for the comedy industry.

Emmanuel Ndumukwa, Director of Film Development, stated:

This festival marks a significant milestone and could be a breakthrough moment for the comedy industry in Tanzania. The government is ready to support such initiatives through cultural funding, while ensuring inclusive participation opportunities.”

SAMSUNG OPENS NEW BRAND STORE IN DODOMA TO EXPAND ACCESS TO SMART TECHNOLOGY IN TANZANIA

Samsung Electronics Business Manager for Tanzania, Daesong Ra (left), officially launches a new Samsung shop in Dodoma on Thursday. Also pictured from left is Samsung Electronics East Africa (Tanzania) Head of Sales, Mobile Experience, Mgope Kiwanga, alongside the shop owners.

Dodoma, Tanzania; April 16, 2026 — Samsung Electronics East Africa has officially unveiled a new Samsung Brand Store in Dodoma, in partnership with its retail partner F & S, marking another milestone in its expansion across Tanzania.

The new store is part of Samsung’s ongoing effort to bring its innovative products and services closer to customers. Strategically located in the nation’s capital, the Dodoma store is designed to offer a complete and immersive Samsung experience under one roof.

Customers can now explore a wide range of products—from smartphones and tablets to TVs, home appliances, and wearables—all within a single space. The setup allows visitors to see how Samsung’s ecosystem of devices seamlessly connects to create a modern, smart lifestyle.

The official opening ceremony was attended by key partners and graced by the Samsung Electronics Tanzania Business Manager, Daesong Ra, who emphasized the significance of this investment in Tanzania’s rapidly growing technology landscape.

Speaking during the launch, the Head of Sales, Mobile Experience at Samsung Electronics East Africa (Tanzania), Mgope Kiwanga, highlighted the company’s long-term vision:

The launch of this new store reflects Samsung’s long-term commitment to expanding innovation for consumers in the Tanzanian market. This is an important step for us, as we want more customers to easily access our products and experience how they work together to make everyday life simpler and more connected.”

A Hands-On, Connected Experience

The Samsung Brand Store is designed to be highly interactive, giving customers a hands-on opportunity to test and experience products before making a purchase. Visitors can engage directly with the latest Samsung Galaxy devices, explore smart home solutions, and receive guidance from trained staff.

Thursday, 16 April 2026

KCB BANK LAUNCHES “MAPATO SUKUK” TO BROADEN SHARIAH-COMPLIANT INVESTMENT OPPORTUNITIES

Dar es Salaam, Tanzania – April 15, 2026

In a significant step toward advancing inclusive finance, KCB Bank Tanzania has officially unveiled Mapato Sukuk, a new Shariah-compliant investment product designed to expand access to ethical, interest-free investment opportunities in the country.

The launch event, held at the prestigious Serena Hotel in Dar es Salaam, brought together key stakeholders from the financial sector, investors, regulators, and members of the media—highlighting the growing momentum of Islamic finance in Tanzania.

Building on a Proven Foundation

Speaking at the event, the KCB Bank Tanzania Head of Islamic Banking, Amour Muro who represented the Managing Director, Cosmas Kimario, emphasized the bank’s continued commitment to innovation in Islamic finance.

He noted that the success of Fursa Sukuk, launched in 2022 as the first product of its kind in Tanzania and East Africa, validated both market demand and investor readiness.

Its success clearly demonstrated that the market exists, the demand is present, and Tanzanians are ready to participate in this type of investment. Today, we take another significant step by launching Mapato Sukuk,” he said.

Key Features of Mapato Sukuk

Mapato Sukuk has been carefully structured to offer a secure, transparent, and ethically aligned investment platform. Key highlights include:

  • Attractive annual return of 11%
  • Investment tenure of 3 years
  • Quarterly profit payouts
  • Minimum investment of TZS 500,000
  • No withholding tax
  • Full compliance with Shariah principles

NMB BANK COMMITS TZS 500 MILLION TO ADVANCE SPECIALIZED HEALTHCARE AT BENJAMIN MKAPA HOSPITAL

Guest of Honour and Treasury Registrar, Nehemiah Mchechu (second right), receives a dummy cheque from NMB’s Director of Investor Relations, Sustainability and Corporate Communications, Innocent Yonazi (first left), during a fundraising gala for the Kidney Transplant Initiative Fund at Benjamin Mkapa Hospital. Also present are the Hospital’s Director General, Prof. Abel Makubi (second left), and NHIF Director of Medical and Technical Services, Dr. Raymond Mwenesano (first right).

In a significant boost to Tanzania’s healthcare sector, NMB Bank PLC has pledged TZS 500 million to support the expansion of specialized medical services at Benjamin Mkapa Hospital.

The funding, which will be disbursed over a two-year period, is set to enhance the provision of bone marrow treatment and kidney transplant services—two of the most critical and high-cost procedures in the country.

A Strategic Investment in Healthcare

The announcement was made during a high-level fundraising event held at Serena Hotel Dar es Salaam, bringing together key stakeholders from public and private sectors, development partners, and healthcare institutions. The gathering reflected a shared national commitment to improving access to advanced medical services.

Representing NMB Bank, the Director of Investor Relations, Sustainability and Corporate Communications, Innocent Yonazi, noted that the pledge aligns with the bank’s broader mission to support national development priorities.

This contribution reflects our belief in strengthening healthcare systems in Tanzania. As a bank, we allocate one percent of our profits to Corporate Social Responsibility initiatives, and health remains one of our key focus areas,” he said.

 

He emphasized that the partnership is not just about financial support but about creating lasting impact.

We are proud to be part of this effort to expand access to life-saving treatments. This is not just a financial contribution—it is an investment in the well-being of Tanzanians.”

Reducing the Burden of Overseas Treatment

Speaking as Guest of HonourTreasury Registrar, Nehemiah Mchechu highlighted the national importance of investing in specialized healthcare services locally.

These are very critical treatments. As a country, we should feel privileged to have a hospital capable of offering them,” he said.

 

He underscored the heavy financial and emotional toll faced by many Tanzanians forced to seek treatment abroad.

Many have lost their lives simply because they could not afford treatment outside the country. Strengthening local capacity will not only save costs but also save lives.”

Bridging the Accessibility Gap

On his part, the Managing Director of Benjamin Mkapa Hospital, Prof. Abel Makubi, expressed gratitude for the support while stressing the urgent need for continued collaboration.

We introduced these specialized services with a clear understanding of the challenges faced by many Tanzanians, particularly those from underprivileged backgrounds,” he said.

ABSA BANK BOOSTS PERSONAL LOANS TO TZS 200 MILLION, EXTENDS REPAYMENT PERIOD TO 8 YEARS

Director of Retail Banking at Absa Bank Tanzania, Ms. Ndabu Swere (centre), speaks to the media during the launch of Absa Bank’s unsecured personal loan campaign for salaried employees in Dar es Salaam. Looking on from the left are Aron Luhanga, Director of Marketing and Corporate Affairs, and Heristraton Genesis, Head of Retail Products and Strategy.

Dar es Salaam, Tanzania – 15 April 2026 – Absa Bank Tanzania has enhanced its Unsecured Personal Loan (UPL) offering for private sector salaried employees, increasing loan limits and extending repayment periods to provide more flexible and accessible financing solutions.

The move reinforces the bank’s commitment to empowering customers’ financial journeys under its brand promise of “empowering Africa’s tomorrow, one story at a time.”

Bigger Loans, Greater Flexibility

Under the upgraded proposition, eligible private sector employees can now access:

  • Loans of up to TZS 200 million, up from TZS 150 million
  • Repayment periods of up to 96 months (8 years)
  • Fully unsecured financing, requiring no collateral

The offer is available to both Existing-to-Bank (ETB) and New-to-Bank (NTB) customers, subject to standard credit assessments.

Building on Momentum Across Sectors

This latest enhancement follows a similar move targeting public sector employees, where Absa increased loan limits to TZS 200 million, extended repayment periods to up to 10 years, and reduced the loan top-up waiting period from six months to just three.

Together, these initiatives reflect the bank’s broader strategy to support salaried customers across both public and private sectors at key moments in their financial lives.

Empowering Life’s Financial Milestones

Speaking on the development, Director of Retail Banking at Absa, Ndabu Swere, emphasized the customer-centric approach behind the enhancements:

At Absa, we understand that every customer’s life is a story, shaped by different chapters and defining moments. Whether in the public or private sector, our role is to empower customers to move forward with confidence.”

Wednesday, 15 April 2026

NEW YAS STORE OPENS IN MTWARA, EXPANDING ACCESS TO DIGITAL AND FINANCIAL SERVICES

Mtwara Regional Commissioner, Hon. Colonel Donald Msengi (centre), cuts the ribbon to launch a new Yas store in Mtwara Region. The store aims to expand access to digital and financial services while supporting local economic activities.

He is flanked by Regional Administrative Secretary, CPA Bahati Ibrahim Geuzye (second right); Yas Regional Director for South and Southern Highlands, Joseph Mutalemwa (second left); Head of Yas Stores in Tanzania, Sarah Sonelo (right); and Head of Region, Pwani South, Fadhila Said Idd (left).

Mtwara, 14 April 2026 – Residents of Mtwara Region and surrounding areas are set to benefit from improved access to digital and financial services following the launch of a new Yas Tanzania store in the region.

The store was officially inaugurated by Mtwara Regional Commissioner, Hon. Colonel Donald Msengi, as part of the company’s broader strategy to expand its footprint and enhance service accessibility across the country.

According to company officials, the new outlet is expected to support small businesses, fishermen, farmers, and young people by improving access to essential digital and financial tools that are increasingly critical in everyday economic activities.

Speaking during the launch, Colonel Msengi described the development as a significant milestone for the region.

The opening of this store marks a major milestone for our region. These services will stimulate economic growth, create employment opportunities, and improve the livelihoods of our people. It is a crucial step toward ensuring essential services are accessible within our communities,” he said.

 

On her part, Yas Tanzania’s Head of Stores, Ms. Sarah Sonelo, noted that the investment was driven by growing demand for reliable digital and financial services in Mtwara, a region with strong economic potential.

Mtwara is a key economic hub for Tanzania, driven by activities such as cashew farming, fishing, natural gas, and port trade. Through this store, we are bringing services closer to our customers—enabling fast, secure, and convenient transactions while supporting local economic growth,” she said.

YAS TANZANIA AND BILAL MUSLIM MISSION DELIVER LIFE-CHANGING EYE CARE SERVICES TO THOUSANDS IN IRAMBA DISTRICT

Singida Regional Commissioner, Hon. Halima Dendego, undergoes an eye screening during a free medical camp held recently in Iramba District. The exercise was organized by Yas Tanzania in partnership with the Bilal Muslim Mission of Tanzania. The outreach reached more than 4,000 residents, highlighting efforts to expand access to essential eye care services in underserved communities.

Singida, Tanzania – More than 4,000 residents of Iramba District in Singida Region have benefited from a free eye care medical camp organized by Yas Tanzania in collaboration with the Bilal Muslim Mission of Tanzania.

The outreach initiative comes at a critical time as eye-related health conditions continue to affect many people, particularly in rural communities where access to affordable and specialized healthcare services remains limited.

Speaking during the official launch, Singida Regional Commissioner Halima Dendego highlighted the prevalence of eye health challenges in the region. She urged residents to take full advantage of the free services, noting that such partnerships between the private sector and social institutions play a vital role in strengthening healthcare delivery systems across Tanzania.

The three-day medical camp offered a comprehensive range of services, including eye screening, medication, prescription glasses, specialist consultations, and minor cataract surgeries for eligible patients. According to Camp Coordinator Ain Sharif, the initiative was designed to reach as many underserved individuals as possible.

The goal of this outreach was to serve people who lack access to eye care services. We managed to attend to over 4,000 patients within three days, supported by a dedicated team of specialist doctors and nurses,” he said.

UNDP, FINLAND UNVEIL 14 GREEN MSMEs IN TANZANIA, LAUNCH SECOND #GreenCatalyst FUNDING CALL

The Mufindi District Commissioner, Dr. Linda Salekwa (centre), alongside other dignitaries, applauds as UNDP and the Government of Finland unveiled 14 Micro, Small, and Medium Enterprises (MSMEs) under the Finland-supported #GreenCatalyst initiative and also launched the second call for funding. The event took place in Njombe.
FUNGUO Programme Manager, Joseph Manirakiza (left), speaks during a dialogue session as UNDP and the Government of Finland unveiled 14 Micro, Small, and Medium Enterprises (MSMEs) under the Finland-supported #GreenCatalyst initiative.

Njombe, 14 April 2026 - Tanzania’s journey toward sustainable economic growth has received a significant boost as the United Nations Development Programme (UNDP) Tanzania, in partnership with the Government of Finland, unveiled 14 innovative Micro, Small, and Medium Enterprises (MSMEs) under the #GreenCatalyst Initiative.

Implemented through UNDP’s flagship FUNGUO Innovation Programme, the initiative represents a major milestone in advancing green entrepreneurship, job creation, and sustainable development within Tanzania’s forestry value chains.

Driving Green Innovation in Tanzania

The FUNGUO programme—co-funded by the European Union, the UK’s Foreign, Commonwealth & Development Office (FCDO), and the Government of Finland—aims to unlock the potential of Tanzania’s natural resources by supporting innovative, environmentally conscious businesses.

The unveiling event, held under the theme “Catalysing Innovation & Entrepreneurship in the Forestry Value Chain,” brought together key stakeholders from the Southern Highlands and beyond. It was officiated by Mufindi District Commissioner, Dr. Linda Salekwa, who commended the initiative for its tangible impact.

We commend the Government of Finland and UNDP for this impactful initiative,” she noted, reaffirming the government’s commitment to creating an enabling environment for MSMEs to grow and contribute to both economic development and environmental sustainability.

She further emphasized the importance of empowering youth and women entrepreneurs, aligning with Tanzania’s broader ambition of building a trillion-dollar economy.

Second Call for Green Funding Opens

In a move aimed at expanding impact, the launch also marked the official opening of the second call for catalytic grant funding applications.

According to FUNGUO Programme Manager Joseph Manirakiza, applications are open until 31 May 2026, targeting early-stage and scaling MSMEs within the forestry value chain.

Priority will be given to enterprises that are:

  • Youth-led, women-led, or inclusive of persons with disabilities
  • Operating in or linked to Iringa, Njombe, Ruvuma, and Lindi
  • Focused on sectors such as:
    • Wood processing
    • Eco-products
    • Charcoal alternatives
    • Joinery and furniture
    • Beekeeping
    • Bamboo innovations
    • Essential oils
    • Digital forestry services