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…
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…
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…
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…
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…
KIGALI, Rwanda,** November 3, 2012/ *– *Participants at the closing session of the seventh African Economic Conference , on November 2, 2012 in Kigali, Rwanda, urged African leaders to put in place bold economic reforms, aimed at sustaining growth and boosting human development. **** ** ** ** ** The four-day conference highlighted the need for policy-makers to create diversified…
*Nairobi, November 2, 2012:** *Family Bank has today announced the stepping down of Mr. Titus K. Muya, its founder and long serving Chairman and the appointment of renowned management guru and philanthropist, Mr. Wilfred D. Kiboro as his successor effective 1st of January 2013. Mr Kiboro has already joined the Board of Directors as a non- executive director. Addressing…
*31st October, 2012 Dar es Salaam*… Equity Bank Group has officially launched operations in Tanzania as it seeks to enhance its market share within the East African region while replicating its successful business model. The launch saw the unveiling of their head office in Dar es Salaam today in a ceremony presided over by Hon Janet Mbene, Deputy Minister…
Press Release \”Africa accounts for 60 per cent of the world’s uncultivated arable land that need to be protected against rapacious speculation\”. The eighth African Development Forum (ADF VIII) wound up in Addis Ababa, Ethiopia, on Thursday with the adoption of a Consensus Statement suggesting better ways in which African countries can use their natural resources to promote people-centered…
Press Release \”Africa accounts for 60 per cent of the world’s uncultivated arable land that need to be protected against rapacious speculation\”. The eighth African Development Forum (ADF VIII) wound up in Addis Ababa, Ethiopia, on Thursday with the adoption of a Consensus Statement suggesting better ways in which African countries can use their natural resources to promote people-centered…