Banana can protect coffee from the effects of climate change

Dar es Salaam – 11 December 2012. Growing coffee and banana together not only generates more income for small-holder farmers, compared to growing either crop alone, but it can also help coffee production to better cope with the effects of climate change, a recent study has shown. The study, which sought to understand the potential impact of climate change…

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MIGA Report Finds that Sovereign Default and Expropriation Risks Worry Investors

LONDON, UK; WASHINGTON, DC, December 6, 2012 – Foreign investors, attracted by stronger economic growth in developing countries while mindful of risks, remain relatively optimistic about these destinations in the short term, according to the results of a survey released in a report by the World Bank’s Multilateral Investment Guarantee Agency (MIGA). World Investment and Political Risk notes that…

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Barclays Bank Tanzania announced as the 2012 Winner of the Bank of the Year Award in Tanzania

3rd December 2012, Dar es Salaam – Barclays Bank Tanzania was announced the winner of The 2012 Bank of the Year Award in Tanzania. The announcement came out on Thursday November 29th 2012, in London during the annual Bank of the Year Awards which is administered by The Banker Magazine affiliated with the Financial Times. Barclays Bank Tanzania Managing…

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TAMFI, German based SBFIC in a new capacity building venture

Dar es Salaam: The Tanzania Association of Microfinance Institution (TAMFI) has embarked on a new programme to build the capacity of the country’s microfinance sector to lead it into new growth heights. Over 50 institutional members of the body, which include small and big microfinance institutions across the country, will benefit from the cooperation project between TAMFI and the…

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Farmer Organizations Forum links farmers to markets and financial services

Forum Helps Farmer Organisations Scale-up Food Production JOHANNESBURG, South-Africa, November 26, 2012/ — The Alliance for a Green Revolution in Africa’s (AGRA) (http://www.agra-alliance.org/who-we-are) Farmer Organisation Support Centre in Africa (FOSCA) programme in collaboration with the Southern African Confederation of Agricultural Unions (SACAU) (http://www.sacau.org) is hosting a forum from 26 to 28 November, 2012 at the Birchwood Hotel and Conference…

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NBC records 2012 second quarter profit before tax Tsh 5.9bn

NBC’s POSITIVE OUTLOOK FOR THE QUARTER ENDED 30TH SEPTEMBER 2012 Dar es Salaam: NBC remained resilient in its performance turning around after a difficult first half of the year to deliver and impressive performance for the quarter ending 30th September 2012. The bank recorded a profit before tax of TZS 5.9bn compared to a loss of TZS 20.0bn recorded…

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President Kikwete to officially launch the Mwalimu Nyerere Memorial Scholarship Fund

President Jakaya Mrisho Kikwete is expected to officially launch the “Mwalimu Nyerere Memorial Scholarship Fund”, which was established by the Bank of Tanzania (BoT) in 2009 in Arusha next week. The event will take place during the BoT’s 16th Conference of Financial Institutions (COFI) which starts from 26th to 27th of November 2012, at the Arusha International Conference Centre…

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Stanbic Bank Tanzania unveils festive promotion

Dar Es Salaam November 14th 2012- Stanbic Bank Tanzania, one of the leading international banks in Tanzania has today unveiled a number of promotions that will enable its customers save money during the festive period. Speaking during the launch of the promotion at the Bank’s headquarters in Dar Es Salaam; the Stanbic Bank Head of Marketing and Corporate Affairs…

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BRITEN says agrodealers are a critical link in the agricultural input distribution chain

Agrodealers are a critical link in the agricultural input distribution chain and they play an important role in supporting the smallholder farmer to commercialize. “Agrodealers are located nearer the farmer and provide a range of goods and services. Agrodealer Associations serve as an important tool in fighting counterfeit agricultural inputs reaching the farmer and it is important that the…

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Stakeholders join hands to push banks from old ATM cards to high security chip and pin card technolo

Nairobi, Kenya 6, November 2012: Stakeholders in the Kenya plastic money industry including MasterCard, regional card processor Paynet and global security printer De La Rue have launched a campaign in Nairobi dubbed “the great migration to EMV”. The campaign aims at encouraging Kenyan banks to abandon the old magnetic stripe platform used for ATM, credit and debit cards and…

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