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Tuesday, 18 June 2024
ABSA LAUNCHES VEHICLE ASSET FINANCE FOR PURCHASE OF BRAND NEW & USED CARS
Dar es Salaam, Wednesday, 12 June 2024: Absa Bank Tanzania has once again continued to prove its leadership in product and service innovation with the launch of Vehicle Asset Finance (VAF) as it aims to making car ownership more accessible and affordable for its customers.
Absa Vehicle Asset Finance (VAF) is a medium-term financing solution designed to help the bank’s customers purchase both new and used vehicles at local dealerships without the need to have the full purchase price funds upfront. This solution reflects on the bank’s strategic focus on providing financial solutions that resonate with its customers' lives and aspirations.
Speaking in Dar es Salaam at the launch of Absa VAF, the Head of Retail Banking at Absa Bank Tanzania, Ms. Ndabu Swere, said, “We are extremely excited to launch Vehicle Asset Finance. This is testament to our commitment to listen to our customers and solutioning their challenges and needs. We understand that purchasing a car is not easy because cars are not cheap, and since people are not always liquid, they may need assistance from somewhere and especially when car dealers need upfront payments. So, this is where Absa Vehicle Asset Finance comes in.
Through Absa VAF, our customers will enjoy financing of up to 90% for brand new cars, and up to 80% for used cars with the financed vehicle serving as the collateral. The product offers numerous benefits to our customers, including allowing customers to obtain funds to purchase a vehicle of their choice at the time when they wouldn’t have all the funds upfront. It frees the customer’s cash, leaving them with more flexibility to either invest or use their savings for any unforeseen costs that may come up during the year. It gives the customer instant access to the car as soon as the bank completes the VAF loan process. It reduces the financial burden on the customer by allowing the customer to spread the cost over time with smaller regular payments with the customer only needed to provide a small amount upfront.”
ECOBANK LAUNCHES 2024 FINTECH CHALLENGE WITH US$50,000 PRIZE
- The 2024 Ecobank Fintech Challenge has opened applications for early-stage and mature startups to partner with Ecobank across its 35 African markets.
- This marks the 7th edition of the Fintech Challenge.
Despite the fintech eruption in the African continent, a McKinsey report[1] reveals that fintech start-ups in Africa are still facing several challenges such as reaching scale, navigating an uncertain regulatory environment, or managing scarcity of funding. The Ecobank Fintech Challenge provides a unique opportunity for Fintech Entrepreneurs to address these challenges by not only offering financial rewards but by also providing Ecobank’s expertise in diversified markets operations and the right solutions to scale across its pan-African footprint and international presence such as France.
"Building partnerships with fintechs is a catalyst for driving financial inclusion in Africa. At Ecobank, we prioritize fintechs in our Growth, Transformation, and Returns strategy ", said Jeremy Awori, Chief Executive Officer of Ecobank Group. "We have enhanced this new edition of the Ecobank Fintech Challenge to continue to provide fintech entrepreneurs with a premier platform to showcase groundbreaking solutions, while creating unparalleled opportunities for growth and expansion across 35 markets in Africa."
Last year’s competition attracted 1,490 entries of real quality, which underscores the significance of this pan-African challenge. Successful applicants reaching the Grand Finale and Awards Ceremony in October 2024 will have the chance to join the highly coveted Ecobank Fintech Fellowship programme, with the overall winner receiving a cash prize of US$50,000.
SAHARA VENTURES YAITANGAZA RASMI SAHARA SPARKS 2024

Juni 14, 2024, Dar es Salaam – Sahara Ventures yatangaza rasami tukio la Sahara Sparks 2024 litakalo fanyika tarehe 27 na 28 Septemba katika ukumbi wa Mlimani City, Dar es Salaam, Tanzania. Sahara Sparks ni jukwaa linalo waleta pamoja wabunifu mbalimbali wa teknolojia, wafanyabiashara pamoja na wadau mbalimbali wa maendeleo na teknolojia na kuwapa fursa ya kushiriki maonesho ya kibiashara pamoja na kujadili maswala mbalimbali ya teknolojia, maendeleo na uchumi.
VODACOM FOUNDATION YAFADHILI PROGRAMU MAALUM 'CODE LIKE A GIRL'
Zaidi ya wasichana 2000 wenye umri kati ya miaka 14-18 kutoka shule za sekondari zilizopo kutoka mikoa ya Mwanza,Mbeya Arusha,Dodoma na Dar-es-saalam wanatarajia kunufaika na mradi wa ‘Code Like a girl’ wenye lengo la kuhamasisha masomo ya Sayansi, Hisabati na Teknolojia(STEM).
Akizungumza wakati wa ufundishaji wa masomo hayo jana katika chuo cha Ualimu Butima,Mratibu wa mradi huo kutoka Tanzania Data Lab(DLab),Somoe Mkwachu amesema mradi huo wanashirikiana na kampuni ya Vodacom.
"Katika mradi wetu tunafundisha wanafunzi kutumia Kompyuta katika masomo yao pia. Huwa tunachagua wanafunzi kuanzia 70 kutoka shule pendekezwa na kuwapa elimu ya kompyuta kwa muda wa siku tano haswa wakati wanapokuwa Likizo" amesema.
Amesema programu hiyo huwa inafanyika katika kipindi cha likizo za shule kama vile mwezi wa sita, likizo fupi ya mwezi wa 9 pamoja na mwezi wa 12.
BENKI YA NBC KUIMARISHA USHIRIKIANO NA WATEJA MKOANI DODOMA
Aidha katika ziara hii Timu ya NBC ilipata nafasi ya kumsalimu Mhasibu Mkuu wa Serikali Ndg.Leonard Mkude katika Ofisi za Wizara ya Fedha Dodoma pamoja Mkurugenzi Mtendaji wa TARURA Eng.Victor Seff katika Ofisi za TARURA zilizoko Mtumba Dodoma
Akizungumza wakati wa hafla ya chakula cha jioni, iliyoandaliwa na NBC katika viwanja vya Collina Hoteli ambayo ilihudhuriwa na baadhi ya wateja. Mkurugenzi wa wateja wakubwa NBC, Bw.James Meitaron, Amesema “Tunaamini kuwa ufunguo wa kuwa mtoa huduma wa kipekee ni kuelewa mahitaji na matakwa ya wateja wetu. Hivyo kupitia ziara hizi tunapata mapendekezo na ushauri wenye suluhu zenye ubunifu wa kuboresha uzoefu wa kibenki kwa ujumla”
Benki ya taifa ya biashara NBC wameahidi kuendelea kujali na kusikiliza matakwa ya wateja wao ambapo hivi karibuni wanatarajia kuendeleza ziara hiyo katika mkoa wa kanda ya ziwa ambao ni Mwanza pamoja na mkoa uliopo kanda ya kaskazini Arusha.
SBL YAKABIDHI MRADI WA MAJI KWA WAKAZI 12,000 WILAYA YA MAGU
Magu, Juni 13, 2024: Kampuni ya Bia Serengeti na shirika lisilo la kiserikali, African Community Advancement Initiative (AFRIcai) wamezindua mradi wa maji wenye thamani ya shilingi milioni 215 katika Kijiji cha Kabila wilayani Magu mkoani Mwanza ikiwa ni jitihada za kuwapelekea maji safi na salama wananchi wa eneo hilo.
HEINEKEN LAUNCHES 'AFTERWORK BY HEINEKEN' IN TANZANIA
Employees of Heineken Beverages Tanzania, led by the Resident Manager of the company, Obabiyi Fagade (left), along with invited guests, at the launch of the 'Afterwork by Heineken' campaign for the first time in the country.
Employees of Heineken Beverages Tanzania, led by the Resident Manager of the company, Obabiyi Fagade (Left), along with invited guests, at the launch of the 'Afterwork by Heineken' campaign for the first time in the country.Heineken Introduces Globally Acclaimed Party, Afterwork By Heineken, In Tanzania
Dar es Salaam, Tanzania, June 14, 2024 – Tanzania’s working professionals were introduced to the ultimate cooling off experience on Thursday, June 13, 2024 as leading global beverage company, Heineken launched its globally acclaimed party, Afterwork By Heineken, at Samaki Samaki Masaki, Tanzania.
The Samaki Samaki Masaki Restaurant known for its excellent food and ambiance provided the perfect backdrop for the gathering of exclusive professionals across various industries including business executives, socialites, public personalities, digital media creators, and owners who experienced the unique blend of socializing and entertainment that Heineken is known for worldwide.
Afterwork By Heineken is designed to offer a refreshing and engaging atmosphere for professionals to unwind and network after a busy workday while providing an opportunity for them to connect.
In today's society, maintaining a healthy and motivated workforce is intrinsically linked to the concept of work-life balance which is essential for cultivating a flourishing workforce and nation.
Obabiyi Fagade, Country Manager, Tanzania at Heineken Beverages International, said, “We are honored to introduce the ‘Afterwork By Heineken’ to our esteemed customers in Tanzania and we are thrilled with the success of our first event here. Afterwork By Heineken is designed to provide an unforgettable experience where our consumers savor that refreshing first sip and appreciate the craftsmanship behind every bottle. The turnout and enthusiasm we saw at Samaki Samaki Masaki were incredible. Heineken is passionate about bringing people together, and we are excited to be creating new opportunities to foster togetherness.”
BANK OF AFRICA HAILS GOVERNMENT FOR TABLING 'WORKABLE BUDGET'
| Dodoma Regional Commissioner, Rosemary Senyamule (right) with Bank of Africa Tanzania (BOA Bank) Managing Director, Esther Cecil Maruma. |
| BOA Bank Head of Marketing and Communications, Nandy Mwiyombela (left) and BOA Bank Dodoma Branch Manager, Asia Mwangonela. |
| BOA Bank Managing Director, Esther Cecil Maruma (centre) follows Minister for Finance Mwigulu Nchemba’s speech for the 2024/2025 fiscal year. |
Bank of Africa Tanzania (BOA Bank) has hailed President Samia Suluhu Hassan’s government for coming up with a down-to-earth budget which boosts business growth in line with the country’s economic development.
It also expressed its commitment to making improvements in serving all customers, the business community and companies in achieving the government's agenda to promote financial inclusion in Tanzania.
Commenting on the 2024/2025 fiscal year budget read by Minister for Finance Dr. Mwigulu Nchemba, BOA Bank Managing Director, Esther Cecil Maruma, who led a BOA Bank delegation of senior officers to attend a budget session in Parliament recently, said this year’s budget aimed at promoting the country’s economy. She said as it was the case around the globe in recent years, many countries experienced economic meltdown due to various global challenges, including Covid-19 and the war between Russia and Ukraine.
Thursday, 13 June 2024
ACCESS MICROFINANCE BANK REBRANDS TO SELCOM MICROFINANCE BANK
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| Moderating the announcement event at Hyatt Kilimanjaro Hotel, Miss Shumbana Walwa, Selcom Head of Marketing. |
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| A representative from the Board, Tusekile Kibonde giving her remarks on behalf of the Board Chair. |
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| A group photo of The Board of Directors and Shareholders of Selcom Microfinance Bank. |
Dar es Salaam - We are excited to announce a significant milestone in our journey towards better serving you, Access Microfinance Bank Tanzania Limited is undergoing a transformation. Effective from June 4th, 2024, we will proudly operate under the new name, Selcom Microfinance Bank Tanzania Limited. This rebranding reflects our commitment to evolving with the changing needs of our customers and our dedication to providing innovative financial solutions.
Selcom Paytech Limited, our majority shareholder, has been a trusted name in the financial and payment service industry for over 20 years. Renowned for pioneering advancements and reliability, Selcom Paytech has continuously been at the forefront of innovation in the country. As we transition to Selcom Microfinance Bank Tanzania Limited, we bring with us the same level of dedication, reliability, and innovation that you have come to expect.
As part of the rebranding, Selcom Microfinance Bank Tanzania Limited introduce a fresh visual identity, with core brand colors transitioning to red, white and black. While our brand look evolves, our promise to you is to deliver improved services that exceed your expectations.
From streamlined processes to enhanced product offerings, we are dedicated to making your banking experience with Selcom Microfinance Bank Tanzania Limited more convenient, efficient, and rewarding, ensuring a seamless transition for our customers, with all service centers remaining operational under existing premises.
USIPITWE NA MICHUANO YA EURO MECHI ZOTE 51 LIVE NDANI YA DStv
Usipitwe na michuano ya EURO 2024, mechi zote 51 LIVE kwa muonekano angavu kupitia channel zetu za SuperSport ndani ya DStv pekee na kupatikana kwenye vifurushi vyetu vyote vya DStv Biashara.
Lipia mapema, tupigie 0768 988 801.
SAHARA CONSULT & THE MASTERCARD FOUNDATION EDTECH FELLOWSHIP REVEAL THE FIRST COHORT OF 10 START-UPS SET TO TRANSFORM TANZANIA'S EDUCATION SECTOR
GGML TO CONTINUE WORKING WITH UDSM TO PROMOTE RESEARCH & INNOVATION
Geita Gold Mining Limited (GGML) has pledged to continue working with the University of Dar es Salaam (UDSM) to develop research and innovation in the country to provide answers to the various challenges facing the Tanzanian society.
This was stated by Simon Shayo, the Vice President for Sustainability and Corporate Affairs (Africa) at AngloGold Ashanti, of which GGML is a subsidiary, while speaking at the closing ceremony of the 9th Research and Innovation Week at the University of Dar es Salaam (UDSM).
He not only congratulated UDSM for declaring last week as Research and Innovation Week, but also promised that GGML will continue to sponsor the event to encourage more research and innovation projects in the country.
"We think we should continue to be partners in this because we believe that no country in the world has made a big step forward without focusing on research and innovation. The countries we had 20 or 25 years ago like Malaysia, Singapore and others have invested more in research and innovation, that's why we see the steps they have taken.
He also urged the students to take advantage of the opportunities for research and learning, especially considering that the results of these innovations are used in various fields, including the mining sector.
VIPINDI KABAMBE VYA WATOTO KUTOKA BOMANI NDANI YA DStv PEKEE
Nikupe mchongo, sasa sehemu pekee ni #dstv pekee ndio mwanao atafurahia likizo yake kupitia vipindi kabambe bomani ikiwemo Disney Junior, Cartoon Network, Moonburg, Cartonito n.k.
Piga *150*53# kulipia kifurushi chako mapema.
#mfalmewakatuninidstv
#katunibiladstvhainogi
#unakosaje
Piga *150*53# kulipia kifurushi chako mapema.
#mfalmewakatuninidstv
#katunibiladstvhainogi
#unakosaje
BENKI YA EXIM YAANDAA KAMPENI YA KUCHANGIA DAMU MIKOA MITANO
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