Must Read

NMB Bank Plc has signed a four-year Memorandum of Understanding (MoU) worth 1bn/- with Jakaya Kikwete Cardiac Institute (JKCI) for extension of free cardiac treatment services to under-privileged children. Through the MoU that will take shape effective this year, the lender will provide 250m/- each year as financial assistance for child patients with heart disease […]

This exceptional performance reflects a 21% year-on-year (YoY) growth compared to the same period in 2023. Tanzania’s leading financial solutions provider, NMB Bank Plc, has announced strong results for the period ended September 30, 2024, posting a remarkable 21% year-on-year (YoY) increase in profit before tax to TZS 687 billion compared to TZS 569 billion

In Tanzania, European cars have long been perceived as unattainable luxuries, shrouded in misconceptions about high maintenance costs and poor suitability for local conditions. Many Tanzanian car owners view these vehicles as overly complex, expensive to maintain, and unsuited to the country’s roads and climate. This perception has discouraged potential buyers from opting for European

NMB Bank Plc has reiterated its commitment to financing South Korean companies with interest in investing in Tanzania, as part of its efforts to support sustainable economic growth. The NMB Bank Head Transaction Banking Linda Teggisa reaffirmed this during an interactive hybrid session sponsored by NMB Bank held in Dar es Salaam yesterday dubbed, “2024

On September 17, the International Women’s Peace Group (IWPG) Global Region 2 (Regional Director Seoyeon Lee) signed a Memorandum of Understanding (MOU) for the realization of world peace with Ms. Sherazi Numera Mohsin, President of the Adept Chairwoman Association in Saudi Arabia, at Hayoung Hall, located in Kensington Resort in Gapyeong, Gyeonggi Province. The Adept

NMB Bank Plc has partnered with the International Finance Corporation (IFC) and Mastercard to launch the “Banking on Women Advisory Project.” This initiative aims to enhance their existing Jasiri Proposition to better attract, retain, and grow women-led businesses in Tanzania. The three institutions signed the agreement on Thursday, October 24, 2024, during the International Monetary

The much-anticipated Season 15 of Tanzania’s Bongo Star Search (BSS) has officially launched, marking a significant milestone as the competition expands beyond Tanzania’s borders to include five additional African countries. Aspiring talents from Kenya, Uganda, Rwanda, Burundi, and the Democratic Republic of Congo (DRC) will now have the chance to showcase their musical prowess on

Motorcycle riders in Tanzania now have something more to smile about. Honda Motors launched the newly improved ACE 150 in Dar es Salaam today. Speaking during the colorful ceremony held at Serena Hotel, Honda Motors Southern Africa President and Managing Director, Hideki Shinjo said they were proud to launch the new ACE 150 in Tanzania

BRICS pushes for the establishment of a more just and stable international order based on economic cooperation, political security and cultural exchanges, said Emmanuel Matambo, research director of the Center for Africa-China Studies at the University of Johannesburg. BRICS has provided more funding options to support development in emerging economies and strengthened the voices of

 THE BRICS mechanism is a pillar in promoting a multipolar world and fostering an inclusive economic globalization, said Chinese President Xi Jinping on Tuesday as leaders gathered in Kazan for the 16th BRICS Summit. Xi made the remarks while meeting with Russian President Vladimir Putin ahead of the leaders’ formal meetings. He noted that BRICS