AIRTEL YATOA PUNGUZO YA BEI KWA BIDHAA ZAKE

Meneja wa huduma kwa wateja Bi. Celine Njuju akionesha simu na vifaa vilivyopunguzwa bei katika maduka yote ya Airtel nchini, kulia ni Meneja mauzo wa bidhaa za mawasiliano Airtel Bw. Pascal Maziku. Ofa ya simu na vifaa hivyo vya mawasiliano pia inaambatana na ofa ya dakika za muda wa maongezi pamoja, bando la intaneti na SMS bila kikomo kwa meiji sita.

Kampuni ya simu za mkononi ya Airtel Tanzania imetoa rai kwa wateja kuhakikisha wananunua bidhaa bora zinazopatikana kwenye maduka yake kwani imetoa punguzo kubwa ya bei kwa bidhaa hizo.

Haya yamesemwa na Meneja wa Huduma kwa wateja Celina Njuju huku akithibitisha kuwa bidhaa hizo zitakuwa zikipatikana kwenye maduka yote ya Airtel na hivyo kuwashauri wateja kuhahakisha kuwa wanatumia nafasi hiyo kujipatia bidhaa bora kwa punguzo la bei.

Tunataka wateja wafaidi fedha zao, siku zimepita ambapo Watanzania walikuwa wanaenda madukani na kununua bidhaa feki kwani kwa sasa tunazo bidhaa halisi kabisa ambazo zinapatikana kwa bei nafuu, alisema Njuju.

Kulingana na Njuju, Wingle USB Modem ambayo hapo awali ilikuwa ikipatikana kwa Tshs60,000 kwa sasa itakuwa ikipatikana kwa Tshs45,000 pamoja na kifurushi cha intaneti cha bure cha 5GB. Uzuri wa hii modem ni kwamba unaweza ukatumiwa na watu mpaka kumi kwa wakati mmoja, alisema Njuju huku akiongeza ya kwamba modem hii inafaa sana kwa watu wanaofanya kazi maofisini, wafanya biashara na wanafunzi.

5 MUST-HAVE TECH ACCESSORIES FOR THE iPHONE 8 and 8 PLUS

The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase.

The iPhone 8 and 8 Plus are almost here, and while the hardware itself is exciting, you can take advantage of many of their extra features with some accessories. 

Fast charging and wireless charging may be supported, but neither of those features will work with what comes in the iPhone's box. But we've got you covered. 

While this list covers the essentials, I've also provided links to a couple of our guides and other iPhone articles, so you can see a whole lot more of your options.

CONTINUE READING

PRUDENTIAL CAPITAL MARKET UPDATE AS AT 22 SEPT. 2017

AfDB, AU, UN AGENCIES PLEDGE MORE ACTION FOR AFRICA'S INDUSTRIAL TRANSFORMATION

The African Development Bank (AfDB) on Thursday, September 21, 2017, joined partners from the African Union Commission, African governments, key United Nations agencies and development finance institutions to renew support for African countries’ industrialization. 

The partners also agreed to undertake and implement joint programmes for increased development impact, especially in the mobilization of adequate resources to enable the full implementation of the Third Industrial Development Decade for Africa(IDDA III). 

The commitments were made at a high-level event on the “Third Industrial Development Decade for Africa (2016-2025): From political commitment to actions on the ground” held on the sidelines of the United Nations General Assembly in New York.

In 2016, the AfDB developed, together with the United Nations Industrial Development Organization (UNIDO) and the UN Economic Commission for Africa (ECA), an ambitious Industrialize Africa strategy that aims at more than doubling the continent’s industrial GDP. 

THE THIRD INDUSTRIAL DEVELOPMENT DECADE FOR AFRICA: FROM POLITICAL COMMITMENT TO ACTIONS ON THE GROUND

African leaders, UN officials, and representatives of international finance institutions and of the private sector met on Thursday, September 21 at the United Nations Headquarters to reaffirm their commitment to a broad-based international partnership to industrialize Africa in a socially inclusive and environmentally sustainable manner. The African Development Bank was represented by Amadou Hott, the Bank’s Vice-President for Power, Energy, Climate and Green Growth.

Africa share of global manufacturing stagnated below 2% over the last decade. Unemployment and poverty are serious concerns for the continent, where more than 70 percent of the working age population is unemployed or has no job security, prompting the UN to declare 2016-2025 as the Third Industrial Development Decade for Africa (IDDA III). Earlier in 2016, the AfDB developed together with the United Nations Industrial Development Organization and the UN Economic Commission for Africa (ECA) an ambitious Industrialize Africa strategy that aims at more than doubling the continent’s industrial GDP.

DUTCH PAINT MANUFACTURER, AKZONOBEL ADOPTS FRESH STRATEGY TO GROW THE PAINTS AND COATINGS BUSINESS IN THE EAST AFRICA MARKET

AkzoNobel, owner of Sadolin paint brand strategically places itself to grow in the East Africa market

AkzoNobel, a leading paints and coatings company recently announced its commitment to the East Africa market and the continuation of its Decorative brand, Sadolin, a household paint brand in Uganda, Kenya and Tanzania. Following the announced acquisition of its AkzoNobel Paints Licensee, Sadolin Paints East Africa Limited, by its competitor Kansai Plascon, the decision was taken to issue notice of cancellation to the licensee.

Additionally with the successful global acquisition of an industrial coatings business in 2016, AkzoNobel adopts a new approach in its strategy to grow the paints and coatings business in the East Africa market

Johann Smidt, Director for AkzoNobel Decorative Paints in Sub-Saharan Africa said, “East Africa is an important part of the Sub-Saharan Africa business for Decorative Paints. It is a dynamic market that has seen many changes in the last few years and is showing potential for growth and innovation. The Decorative Paints business has not formed a legal entity to sell and distribute Sadolin in East Africa. We are currently in the final stages of signing a sales, manufacturing and distribution agreement with a local partner which further solidifies our commitment to the region. With this agreement, we hope to invest in manufacturing plants which will result in jobs created and will in turn stimulate the economy in East Africa.”

TANZANIA TELECOMMUNICATIONS COMPANY LTD NEEDS NEW STRATEGIES TO CONQUER MARKET - MINISTER

The Minister of Works, Transport and Communication, Prof. Makame Mbarawa.

The state-owned Tanzania Telecommunication Company Limited (TTCL) needs to set up business strategies that will help to boost its market share in the competitive telecom industry, the Minister of Works, Transport and Communication, Prof Makame Mbarawa said.

Prof Makame Mbarawa said that the government was doing all it can to make the company reclaim its lost glory but there must be new strategies to conquer the market and establish itself as force to reckon with.

“You need to change your marketing strategies which are still very poor,” said the minister after he inaugurated the new TTCL board in Dar es Salaam yesterday.

“The business in the telecommunication sector is changing rapidly from voice to data calling for new market strategies in order to maintain positive growth trend.”

According to the Tanzania Communication Regulatory Authority (TCRA) quarterly communications statistics report for June-April, TTCL has only 410,000 voice telecom subscribers representing about one per cent of more than 40 million total subscriptions in the country.

NMB BANK PLC CEO PAYS COURTESY CALL ON VICE-PRESIDENT

Vice-President, Ms. Samia Suluhu Hassan greets NMB Bank Plc Chief Executive Officer, Ms. Ineke Bussemaker, when she paid a courtesy call at State House in Dar es Salaam yesterday.

MAENDELEO BANK TO MIGRATE TO DAR ES SALAAM STOCK EXCHANGE MAIN MARKET

The Minister for Finance and Planning, Dr. Philip Mpango (second left) cuts a ribbon to inaugurate the secondary offering of 10.5bn/- of the Maendeleo Bank Plc in Dar es Salaam yesterday. With him is Archbishop of the Eastern and Coastal Diocese for the Evangelical Lutheran Church of Tanzania, Bishop Dr. Alex Malasusa (first left), the Chairperson of the Board of Directors of the bank, Mr. Amulike Ngeliama (right) and Managing Director, Mr. Ibrahim Mwangalaba.

Maendeleo Bank is set to become the first firm to graduate from Dar es Salaam Stock Exchange (DSE)’s lower market to the main investment market (MIM) in December after meeting the qualifying requirements.

Maendeleo Bank, the first to list on DSE’s alternative market 2013, has applied to list its new 17.6 million shares to MIM. Migration to the DSE’s main market will come after completing its secondary offering expected to raise 10.5bn/- in 45 days.

DSE’s Manager—Finance and Research Mr Ibrahim Mshindo said the bank met all set stipulated to graduate to the main investment market (MIM).

“Maendeleo (bank) has demonstrated a clean profitability record in the last three years, which is the main condition to migrate,” Mr Mshindo told the `Daly News’ at the sideline of official launching of the secondary offering of the bank which has 50 per cent green shoe option.

UNITED BANK FOR AFRICA LAUNCHES 24HR SERVICE CENTRE

UBA managing director Peter Makau. 

In Summary

CFC will allow interaction with customers through telephone, email and social media, according to UBA managing director Peter Makau. The centre was launched on Wednesday September 20, 2017.

Dar es Salaam. United Bank for Africa (UBA) Tanzania Limited has established a customer centre dubbed Customer Fulfilment Centre (CFC), which will provide financial and business information for 24 hours.

CFC will allow interaction with customers through telephone, email and social media, according to UBA managing director Peter Makau. The centre was launched on Wednesday September 20, 2017.

“CFC is a 24/7 customer interactive, which is a one stop shop for financial and business services information and it’s a crucial link between UBA customers and the bank," he said.

IMF NOW FAULTS REGION’S BUDGET PREPARATION

In Summary

The IMF has asked the ministries of finance to employ staff with skills in economics and finance and a good understanding of government programmes to help in preparing budgets that will ensure mid and long-term goals are achieved.

Nairobi. The International Monetary Fund has faulted the budget-making process in Tanzania, Kenya and Uganda terming it narrow and formalistic without any connection with future targets, resulting in unreliable estimates.

The IMF has asked the ministries of finance to employ staff with skills in economics and finance and a good understanding of government programmes to help in preparing budgets that will ensure mid and long-term goals are achieved.

Currently, line ministries make their cash requests to the Treasury whose only concern is whether the ministry factored in its estimates relevant government policies, the impact of new legislation, and inflation.

HALOTEL TANZANIA NOW TARGETS TO CONNECT OVER 100 VILLAGES

In Summary

That agreement will see Halotel Tanzania, in partnership with the UCSAF, install 47 new towers throughout the country to connect rural areas with communication network, the company said on Thursday, September 21.

Morogoro. Halotel targets to cover more than 100 villages situated near the country’s borders with communication network after signing an agreement with the Universal Communication Services Access Fund (UCSAF).

That agreement will see Halotel Tanzania, in partnership with the UCSAF, install 47 new towers throughout the country to connect rural areas with communication network, the company said on Thursday, September 21.

Speaking during the launch of one of the newly constructed towers in Gairo Municipality, Morogoro Region, Halotel Tanzania Engineering and Technical Deputy Director Trieu Thanh Binh said the company was committed to honouring the agreement entered with the government to ensure the goal to connect rural areas with communication services was attained.

QNET TO BOOST DIRECT SELLING AND CREATE ENTREPRENEURSHIP OPPORTUNITIES IN TANZANIA

From left: QNET Board Adviser, David Sharma, Deputy Minister for Health, Community Development, Children and Elderly, Hamisi Kigwangalla; Permanent Secretary for Trade, Industry and Investment Adelhelm Meru and QNET Country Representative for Tanzania, Benjamin Mariki cut the ribbon during the opening of QNET Agent office in Tanzania.

Tanzania, 21 September 2017 - QNET, a company of Asian heritage and a part of the US $200 billion global direct selling industry is honored and excited to enter the buoyant direct selling sector in Eastern Africa, and expects to offer world class quality consumer products and to elevate standards of living by garnering the spirit of entrepreneurship to all individuals, even those with little business background. QNET’s product offering include a wide range of world-acclaimed lifestyle and wellness products such as personal care, nutrition, cosmetics, home care and body, water energies, jewelry and watches as well as holiday packages.

QNET, optimizing its existing e-commerce platform currently has three easily accessible local agents in West Africa, namely Mali, Cote d’Ivoire and Burkina Faso. These agents serve as the liaison between QNET, its Independent Representatives (IRs) and customers with their enquiries, delivery of products and the display of product range so as to enable people to view for themselves some of the products sold online. QNET is planning to engage a local agency in Tanzania soon to provide the best customer service in the country.

“QNET is proud to be in Tanzania and is committed to working closely with the local government officials and authorities to create more entrepreneurial opportunities for the local community. Direct selling which is the marketing and selling of products directly to consumers away from a fixed retail location, provides people a great alternative platform to join entrepreneurship” said Mr. David K Sharma, Advisor to QNET Board of Directors.

ETIHAD AVIATION GROUP ANNOUNCES NEW EXECUTIVE APPOINTMENT

Mana Mohamed Saeed Al Mulla - Chief Group Support Services Officer at Etihad Aviation Group.

• Mana Mohamed Saeed Al Mulla appointed to the leadership team as Chief Group Support Services Officer 

Abu Dhabi, UAE – Etihad Aviation Group (EAG) today announced the appointment of Mana Mohamed Saeed Al Mulla as Chief Group Support Services Officer, responsible for a range of support functions, including IT Services, Procurement and Supply Management, and Property and Facilities Management. He will report directly to the Group Chief Executive Officer.

Mr Al Mulla joins Etihad Aviation Group from Khalifa Industrial Zone (KIZAD) where he served as Chief Executive Officer from 2015. Prior to that, he was Vice President – Corporate Support of Abu Dhabi Ports, and Managing Director of Dubai Refreshments Company PJSC.

He is a well-known business leader in the Middle East and has an extensive network of relationships with major firms and business communities across the UAE.

TRUMP PRAISES HEALTH CARE OF NAMBIA, A NONEXISTENT COUNTRY

(CNN) - President Donald Trump lavished praise on the health care system of Nambia during a speech at the United Nations. But there's one little problem -- there's no such country.

"In Guinea and Nigeria, you fought a horrifying Ebola outbreak," Trump told African leaders gathered Wednesday. "Nambia's health system is increasingly self-sufficient."

Trump mentioned Nambia twice during the session attended by leaders of several nations, including Ghana, Namibia and Uganda.

The gaffe lit up social media, with many speculating whether he meant Namibia, Zambia or Gambia.

The White House later clarified that Trump was talking about the southwestern African nation of Namibia. Namibia dodged the Ebola outbreak that killed thousands in Africa two years ago and affected several nations, including the United States.

PRUDENTIAL CAPITAL MARKET UPDATE AS AT 21 SEPT. 2017

BIG-TIME INVESTORS PUMP IN $4.250BN - TANZANIA INVESTMENT CENTRE

Tanzania Investment Centre Public Relations Manager, Pendo Gondwe.

Tanzania has attracted nine big investments during FY 2016/17 worth $4.259bn compared to FY 2015/16 valued at $5.89bn only, according to data from the Tanzania Investment Centre (TIC).

In an exclusive interview with the ‘Daily News’ in Dar es Salaam on Wednesday, TIC Public Relations Manager Pendo Gondwe, said global reports rank Tanzania among the best destinations for investment in Africa.

Ms Gondwe also disclosed that newly registered investments each accounts for not less than $100m, citing the key areas that had attracted investors as agriculture, fishing, energy and constructions and transportation – all of which reflect the country’s focus towards industrial economy.

However, she rubbished reports that Tanzania was an ‘unfriendly investment environment’ and advised Tanzanians not to join those painting a bad image about the country. Ms Gondwe said the nine big investors registered in 2016/17 were from the United Kingdom, India, China, Libya, Iran, Mauritius, Congo and Luxembourg.

The World Economic Report 2017 ranked Tanzania top in East Africa for receiving foreign direct investments (FDIs) worth $1.35bn, followed by Uganda $541m, Rwanda $410m, Kenya $394m and Burundi $0.1m.

PRESIDENT JOHN MAGUFULI GETS TOUGH ON TANZANITE

President John Magufuli.

President John Magufuli has directed the Tanzania People’s Defence Forces (TPDF) through National Service, to build a wall fence around Tanzanite blocks A to D at Mirerani tanzanite mines and instal high-tech equipment to monitor mining activities, so the government can earn proper revenue.

Dr Magufuli has also directed that trading in tanzanite gemstone should now be conducted in Simanjiro only in order to promote trade and development in the area. President Magufuli said JKT - through its economic wing (Suma JKT) - and others should construct the wall around the tanzanite blocks including installing electric wire on the wall, CCTV cameras and other surveillance equipment to curb theft and smuggling.

The President made the remarks on Wednesday when opening a 26km tarmac road from Kilimanjaro International Airport (KIA) to Mererani built at a cost of 32.5bn/- and funded solely by government, at Naisinyai village in Manyara Region.

The contractor received 30.9bn/- and the consultant 1.6bn/-, according to President Magufuli. Dr Magufuli said the wall fence would ensure the gemstones pass through official channels of trade so that the government can get proper royalties and put a stop to smuggling and illegal trade of Tanzanite.

“Surveys have already been done … Suma-JKT and others must build a wall around block A to D which has a lot of the gemstones … and this work should begin immediately,” President Magufuli stressed.

BANK OF TANZANIA EMPLOYMENT OPPORTUNITIES

SOUTH AFRICAN BRAAI DAY CHARITY FUNDRAISER

Dear All

Tickets are available now at Butcher Shop for Braai Day 2017!
See poster attached for details.

Please note the following and spread the word:

BOOKING A STAND

A personal or company stand can be booked at a price 200,000 TSH. This means a special spot will be marked out for you under the large tent at the Golden Tulip. (3M X 3M) Includes 2 tables, 8 chairs and 2 adult tickets. You are welcome to decorate/brand your area as you wish.

BRAAI 4 HERITAGE

“Braai Day”, is a South African public holiday which celebrates different cultures and the diversity of their beliefs and traditions. We invite all nationalities to come and experience some South African culture and join us for a braai (barbecue) to celebrate our nation's National Heritage Day.

ALL PROCEEDS GO TO SATZ CHARITABLE FUND

Previous charities who benefitted from SATZ charity funding in the past include:

1. The Jenga Women’s Group

2. Sea Sense

3. Human Dreams Village

4. Kilombero Community Charitable Trust

5. Sisters of Adoration of the Blessed Scarement in Iringa(SABS)

6. Emusoi

7. Kope Lion

8. Nipe Fagio

SO….Start getting your salad recipes out and preparing your marinades :) Looking forward to an afternoon of fun and once again, AWESOME prizes!

Yours in “Braai-ing”,

The Braai Day Committee

ALIKO DANGOTE CITED NIGERIA'S 130 MILLION CELL PHONE LINES AND HIS OWN COMPANY'S INITIATIVE TO USE BIOMETRIC DATA AND MOBILE BANKING TO TARGET ONE MILLION NIGERIAN WOMEN FOR SMALL GRANTS

Michael Bloomberg inaugurated its first Global Business Forum with an astounding line up of global innovators, including Africa's richest man, Nigerian industrialist Aliko Dangote

Dangote cited Nigeria's 130 million cell phone lines and his own company's initiative to use biometric data and mobile banking to target one million Nigerian women for small grants

NEW YORK, United States of America, September 21, 2017/ -- On the sidelines of the United Nations General Assembly, Bloomberg Philanthropies hosted by former mayor of New York Michael Bloomberg, inaugurated its first Global Business Forum with an astounding line up of global innovators, including Africa's richest man, Nigerian industrialist Aliko Dangote. Following talks by former US president Bill Clinton, French president Emmanuel Macron, Apple CEO Tim Cook, and Alibaba chairman Jack Ma, Aliko Dangote took the stage with Bill Gates of Microsoft, Indra Nooyi of PepsiCo, and Masayoshi Son of SoftBank. David Rubenstein, CEO of The Carlyle Group who moderated the panel on technology's ability to disrupt poverty. Mr Dangote cited Nigeria's 130 million cell phone lines and his own company's initiative to use biometric data and mobile banking to target one million Nigerian women for small grants.

RECENT CHANGES TO THE MINING ACT IN TANZANIA HAVE SIGNIFICANT RAMIFICATIONS FOR SERVICE PROVIDERS

The recent changes to the Mining Act in Tanzania have significant ramifications for service providers to the Tanzanian mining industry (Service Providers). Urgent legal advice should be sought to ensure compliance with the new legislation.

Pursuant to the Written Laws (Miscellaneous Amendments) Act 2017 (as published in the Gazette No. 27, Volume 98 dated 7 July 2017) a wide variety of changes were made to the Tanzanian Mining Act 2010.

New local content requirements:

The new local content provisions that have been introduced are of particular importance to Service Providers. The new section 102 (1) provides as follows:

"(1) A mineral right holder shall give preference to goods which are produced or available in Tanzania and services which are rendered by Tanzanian citizens and or local companies."

This effectively introduces a new legal obligation under mining companies to ensure that preference is given to Tanzanian citizens and local companies.

The relevant definition of "local companies" for this purpose is: "a company or subsidiary company incorporated under the Companies Act, which is one hundred percent owned by a Tanzanian citizen or a company that is in a joint venture partnership with a Tanzanian citizen or citizens whose participating shares are not less than fifty one percent".

Accordingly in order to satisfy the definition of local company for the purposes of this new legislation – a non-Tanzanian company must enter into a joint venture arrangement – with at least a 51% interest held by Tanzanian citizens.

Section 102 (2) and (3) goes on to provide:

CONTINUE READING

ECOBANK UNVEILS MOBILE PAYMENT SOLUTIONS - MASTERPASS AND MVISA FOR EASIER RETAIL PAYMENTS

Ecobank Tanzania Managing Director, Mwanahiba Mzee (centre) addresses the media in Dar es Salaam yesterday after the launch of Ecobank Mobile App MASTERPASS and MVISA for easier retail payments. She is flanked by the Bank’s Head of Commercial Banking, Respige Kimati (right) and Head of Personal Banking, Ndabu Lilian Swere.

Ecobank Tanzania Head of Personal Banking, Ndabu Lilian Swere (left) addresses the media in Dar es Salaam yesterday after the launch of Ecobank Mobile App MASTERPASS and MVISA for easier retail payments. She is flanked by the Bank’s Managing Director, Mwanaiba Mzee (centre) and Ecobank Tanzania Head of Commercial Banking Respige Kimati (right).

Ecobank Tanzania Head of Digital Banking, Philemon Tesha (left) gestures as he addresses the media after the Bank launched a Mobile App – MASTERPASS and MVISA which will be a solution to merchant's payment solutions.

In its drive to promote financial inclusion among Tanzanians, Ecobank Tanzania has unveiled payment solutions – MASTERPASS and MVISA for easier retail payment using the Ecobank Mobile APP.

MASTERPASS QR and MVISA are digital payment solutions that offer customers the convenience of doing digital payments at retail outlets much cheaper, more securely and conveniently. Customers pay through their smart phones by scanning the unique Quick Response (QR) code at the retail outlet.

Speaking in Dar es Salaam yesterday, Ecobank Tanzania Managing Director, Ms. Mwanahiba Mzee said that the Ecobank Mobile App that was launched in February this year has now been modified to include more features which will be beneficial not only to Ecobank customers but also to non-customers across the world.

‘Ecobank Mobile App is a one of a kind banking application that is activated in all 33 countries where Ecobank is present and is accessible worldwide. Customers can just download the app and open an Ecobank digital account, make payments and transfer funds without physically visiting the branch,’ said Ms Mwanahiba Mzee.

ECOBANK YAZINDUA NJIA SALAMA YA MALIPO KWA MTANDAO

Mkurugenzi Mtendaji wa Benki ya Ecobank Tanzania, Mwanahiba Mzee (katikati), akizungumza na waandishi wa habari Dar es Salaam jana wakati wa uzinduzi wa huduma ya Malipo kwa njia ya Mtandao, inayojulikana kama MasterPass na MVISA. Kulia ni Mkuu wa Kitengo cha Biashara wa Benki hiyo, Respige Kimati na Mkuu wa Kitengo cha wateja wa Rejareja, Ndabu Lilian Swere (kushoto).

Mkuu wa Kitengo cha wateja wa Rejareja wa Ecobank, Ndabu Lilian Sware (kushoto) akizungumza na waandishi wa habari Dar es Salaam jana wakati wa uzinduzi wa huduma ya Malipo kwa njia ya Mtandao, inayojulikana kama MasterPass na MVISA. Katikati ni Mkurugenzi Mtendaji wa Benki hiyo, Mwanahiba Mzee na kulia ni Mkuu wa Kitengo cha Biashara wa Benki hiyo, Respige Kimati. 

Mkuu wa Kitengo cha wateja wa Rejareja wa Ecobank, Ndabu Lilian wakati wa Uzinduzi huduma ya Malipo kwa njia ya Mtandao, inayojulikana kama MasterPass na MVISA. Ecobank Tanzania inakuwa Benki ya kwanza hapa Tanzania kuzindua huduma ya Mobile App ambayo inakuwa ni suluhisho kwa huduma za kifedha.

Baadhi ya wafanyakazi wa Ecobank Tanzania wakifuatilia kwa makini Uzinduzi wa huduma ya Malipo kwa njia ya Mtandao, inayojulikana kama MasterPass na MVISA. Ecobank Tanzania inakuwa Benki ya kwanza hapa Tanzania kuzindua huduma ya Mobile App ambayo inakuwa ni suluhisho kwa huduma za kifedha.

Ecobank yaja na suluhisho la kufanya malipo salama kwa njia mtandao kupitia MASTERPASS na MVISA .

Ecobank katika kuendeleza dhamira yake ya kutoa huduma bora na kuwa suluhisho kwenye sekta ya biashara ya huduma za kibenki hapa nchini leo imezindua applikesheni ya simu za mkononi itakayojulikana kama Ecobank Mobile App – MASTERPASS NA MVISA ili kusaidia wafanyabiashara na watoa huduma mbalimbali kufanya Malipo kwa njia rahisi na kwa usalama zaidi mahali popote.

Mtanzania yeyote ataweza kutumia teknolojia hii ya mpya ya MASTERPASS QR na MVISA kulipia gharama mbali mbali kwa kutumia simu zao za mkononi kwa kupitisha Quick Response (QR) kwa wauzaji mbalimbali wa bidhaa au watoa huduma ndani na nje ya nchi.

PRUDENTIAL CAPITAL MARKET UPDATE AS AT 20 SEPT. 2017

NDULU: TANZANIA NEEDS MORE EFFECTIVE BUSINESSES TO SUSTAIN ECONOMIC GROWTH

Bank of Tanzania Governor, Prof Benno Ndulu.

Tanzania needs businesses that manage increasingly complex process of producing, trading and distributing goods and services to contribute to sustainable growth, the Bank of Tanzania Governor, Prof Benno Ndulu has said.

He said in Dar es Salaam on Tuesday that the economy wants productivity that depends on a mixture of increasing organisational efficiency— making labour more efficient at doing what it does—and structural change, moving people from low- to high-productivity activities.

“We need businesses that can manage the increasingly complex processes of producing, trading, and distributing goods in the economy,” he said at the launch of a book he co-authored with top International Growth Centre (IGC) and University of Oxford economists Sir Paul Collier and Professor Christopher Adam.

“We need effective government organisations and public policy to support these processes so they can contribute to sustainable growth that benefits all citizens,” he said. Prof Adam said the book draws on history, academic evidence, and policy experience to explore how Tanzania could unlock its economic potential.

TIB CORPORATE BANK STARTS ISSUING UNSECURED BID BONDS

TIB Corporate bank has started issuing bid bond guarantees that does not require applicants to provide any form of security in effort to support development sectors.

The bank said in a statement issued in Dar es Salaam yesterday that the facility is issued within a day upon bank receipt of the customer application. “TIB Corporate bank unsecured bid bond eliminates the security challenges to the applicants hence enabling them to tender for as many works as possible,” the bank said.

Bid or Tender guarantee is non-funded facility issued by the Bank to the employer to secure the bidders commitment to undertake the project if awarded at the time of bid or tender opening.

The facility will enable applicants to quickly progress on tendering matters and once successful the bank shall further facilitate on advance payment and performance guarantee facilities as per the agreed terms and conditions.

VODACOM TANZANIA TO DISTRIBUTE SH6BN TO M-PESA USERS

Vodacom M-Commerce director Sitoyo Lopokoiyit. 

In Summary

• This is another round of distribution of earnings from M-Pesa Trust accounts covering the period between April 1 and June 30, 2017, the company said in a statement released on Wednesday September 20.

Dar es Salaam. Users of Vodacom Tanzania’s M-Pesa will share Sh6 billion that the mobile operator is distributing as a bonus during the second quarter.

This is another round of distribution of earnings from M-Pesa Trust accounts covering the period between April 1 and June 30, 2017, the company said in a statement released on Wednesday September 20.

The distribution will benefit seven million active M-Pesa users country wide, according to Vodacom.

The quarterly exercise will see M-Pesa customers, agents, super agents, banks, businesses and merchants receiving their share of the bonus earned as a benefit from using the service.

UK-BASED FUND EYES TANZANIAN BANK, INSURANCE FIRM

Dar es Salaam. UK-based investment fund - Old Mutual Group PLC – is targeting to acquire an indirect control in Ecobank Tanzania Limited and UAP Insurance Tanzania Limited as part of the fund’s internal reorganization.

Tanzania Fair Competition Commission (FCC) said it’s now investigating the intended deal whose price was not disclosed before approving the acquisition as required by the local rules.

“FCC has received a merger notification to the effect that Old Mutual PLC, as a result of its internal reorganisation, will acquire indirect control of Ecobank and UAP Insurance,” said FCC in a public notice published on its website.

ECOBANK TANZANIA UNVEILS TWO DIGITAL PAYMENT SYSTEMS

Ecobank Tanzania Managing Director Mwanaiba Mzee addresses the media in Dar es Salaam after the launch of Masterpass and M-Visa for easier retail payment. She is flanked by the bank’s head of commercial Banking Respige Kimati (right) and head of personal banking Ndabu Lilian Swere. PHOTO|CITIZEN CORRESPONDENT 

In Summary

• Services will improve financial inclusion

Dar es Salaam. Ecobank Tanzania has unveiled two digital payment solutions on Wednesday, September 20, 2017 aimed at easing retail payment.

Using the platforms known as Masterpass and M-Visa which are available in the Ecobank Mobile Application, the bank says it will help to promote financial inclusion among Tanzanians.

Speaking to journalists today, Ecobank's managing director Ms Mwanahiba Mzee said the new banking services will guarantee safety and easy financial transactions.

VODACOM TANZANIA PLC BOARD MEMBERSHIP POSITION

FAST TRACK BANKING CAREER OPPORTUNITY

PRUDENTIAL CAPITAL MARKET UPDATE AS AT 19 SEPT. 2017

CEOrt's ALI MUFURUKI OFF TO ITALY FOR BELLAGIO CENTRE RESIDENCY PROGRAM

In Summary

• This was announced on Monday, September 18 by the organisation through a statement availed to The Citizen.
• The Rockefeller Foundation Bellagio Center Residency Program, according to the statement, offers academics, artists, thought leaders, policymakers and practitioners, with various opportunities.

Dar es Salaam - The CEO Roundtable of Tanzania (CEOrt) chairman, Ali Mufuruki has commenced a one month long leave in order to participate in the Bellagio Centre Residency Program in Bellagio, Italy.

The Rockefeller Foundation Bellagio Centre Residency Program offers academics, artists, thought leaders, policy makers and practitioners with various opportunities.

Mr. Mufuruki is among 15 policy residents from all over the world, who have been selected by the Bellagio Centre to participate in this years Policy Residency Program.

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PETRA'S WILLIAMSON MINE RESTARTS OPERATIONS

Petra Diamonds has resumed operations at its Williamson mine after a four-day stoppage, it said yesterday, adding that its full-year production target remains unchanged.

The London-listed miner halted operations at the mine last week after the Tanzania government seized a consignment of diamonds and questioned Petra personnel as part of a crackdown on the mining sector.

Petra is keeping a close eye on developments at Williamson, CEO Johan Dippenaar said on Monday after the company posted a 4 percent drop in core profit, sending its shares down 7 percent to 78 pence by 1050 GMT.

However, the company said its forecast includes the Tanzanian mine in normal operation. “We are watching things on a week to week basis,” Dippenaar said on a conference call. “But we won’t allow the mine to endanger the rest of the group.”

Petra also said it was expecting delays in receiving VAT re funds from the totalling $15.8 million because of the current operating environment. Changes made in July to Tanzania’s law on VAT rebates could result in costs at Williamson rising 10 per cent above guidance, Petra warned.

JOB CUTS LOOM IN SAMSUNG NAIROBI OFFICE SHAKE-UP

18th September 2017 - South Korean electronics giant Samsung has downgraded its Nairobi regional office in a major operational shake-up that is likely to result in loss of jobs, joining a host of other multinationals that made similar moves.

The Seoul-based firm said the changes, which come barely two years after it sent home 26 executives from the Nairobi office, are meant to cut costs and improve efficiency across its African market.

The shake-up will see Samsung East Africa’s chief executive and chief finance officer relocate to the company’s South Africa offices, according to sources familiar with the matter.

“By centralising operations and resources, we plan to introduce greater levels of efficiency, and this strategic move will also enable us to focus more significantly on product, sales and marketing functions,” Samsung said in response to our queries.

“We’re unable to provide further details on how many jobs will be affected. Our primary objective is to prevent job losses as we strategically align the business operations.”

SOUTH AFRICA TAX SERVICE TO TAKE LEGAL ACTION AGAINST KPMG

PRETORIA, Sept 18 (Reuters) - South Africa's Revenue Service (SARS) will launch legal proceedings against KPMG due to reputational damage caused by the auditor releasing details of a confidential report it produced for the tax agency, commissioner Tom Moyane said on Monday.

Moyane told a televised news conference that SARS would report KPMG to Finance Minister Malusi Gigaba with a view to blacklisting the auditor for its "unethical" and "unlawful" behavior.

KPMG cleared out its South African leadership en masse on Friday after damning findings from an internal investigation into work done for businessmen friends of President Jacob Zuma.

Reuters

EVICTEE COMPLAINTS BLAMED ON UNJUST HOPES

Unjustifiably high expectations are the reason behind complaints by people evicted to pave the way for execution of development projects, the government explained yesterday.

Acting Permanent Secretary in the Ministry of Lands, Housing and Human Settlements Development, Dr Moses Kusiluka, said many evictees were nursing high compensation expectations as a result of increased awareness or wealth pursuit.

Dr Kusiluka was speaking to the ‘Daily News’ ahead of compensation to people who will vacate their lands for the construction of the Hoima-Tanga oil pipeline.

The 1,445-kilometre pipeline from Uganda to Tanzania will stretch through Tanzania’s eight regions - Kigoma, Geita, Shinyanga, Tabora, Singida, Dodoma, Manyara and Tanga.

STATE INJECTS 85BN/- IN RURAL COMMUNICATION, BENEFITS 3,000 VILLAGES

Minister for Works, Transport and Communication, Prof Makame Mbarawa, peruses a document at a base station as a Tanzania Telecommunications Limited (TTCL) official, Mr Thomas Damian (holding microphone) makes clarifications, shortly after the minister inaugurated Nongwa’s TTCL’s telecom tower, located in Bahi District, Dodoma Region, on Sunday. Looking on (left) is Universal Communications Service Access Fund (UCSAF) Chief Executive Officer Eng Peter Ulanga and financiers of the countrywide telecom towers project. Right is District Commissioner Elizabeth Kitundu.

About three million Tanzanians in rural areas have accessed communication services under the Universal Communication Service Access Fund (UCSAF).

According to Works, Transport and Communication Minister, Professor Makame Mbarawa, the government has so far spent over 85bn/- to provide rural dwellers in 3,000 villages with communication services.

The minister was speaking here after a two-day working tour of Dodoma and Morogoro regions to launch the rural telecommunication projects under the joint execution by UCSAF and Viettel Tanzania Limited. Viettel Tanzania, trading as Halotel, is a mobile communications company that provides voice, messaging, data and converged services in the country.

Viettel Global, the state-owned investment firm from Vietnam owns Halotel, which has invested in Telecommunications market in several countries. During the tour, the minister was accompanied by UCSAF Chief Executive Officer, Engineer Peter Ulanga and UCSAF Board Chairman, Dr Joseph Kilongola, among others.

EAST AFRICAN COMMUNITY EYES 30,000 KM ROADS

...member states seek to ease people, goods movements under reliable network
East African Community (EAC) member states envisage upgrading their 30,000-kilometre road network to bitumen standards in the coming 33 years.

At an average rate of 900 kilometres per year, the region’s entire road network will be covered by 2050 as provided for in the EAC Vision 2050.

Decent road infrastructure is among the development milestones detailed in the Vision 2050, which prioritises improved road networks to support industrialisation drive and ease movements of both people and goods.

“The EAC Partner States have agreed on ten transit transport corridors which constitute EAC Road Network, including twelve feeder corridors,” reads the EAC Vision document, maintaining that the infrastructure vision under the Road Transport Sub-sector will be achieved through developing the EAC Corridors.

It’s envisioned that 2050, the level of services along the main transport corridors will have improved substantially, reaching categories B and A, from the current average regional levels of C, D and E.