A blog that gives out financial institutions news on time with accurate informations.


  • CRDB Bank Share up 16PC in three weeks

    CRDB bank share price has made an abrupt U-turn after appreciating by 16 per cent in the last three weeks.

  • TIB slashes losses, bad loans up!

    TIB Development Bank has considerably reduced its net loss 17 times to 582m/- in this year quarter two (Q2) after cutting expenses.

  • MALINZI blesses TFF elections

    THE ousted Tanzania Football Federation (TFF) President Jamal Malinzi has expressed gratitude to the government, sponsors and football stakeholders in the country for their massive support.

  • Barrick, government talks next week

    BARRICK Gold will begin discussions with the government on the concentrate export ban and other issues next week

Thursday, August 20, 2026

PROF. KABUDI AWATAKA WANANCHI KUZINGATIA TAHADHARI ZA MAAFA

Waziri wa Nchi, Ofisi ya Waziri Mkuu–Sera, Bunge, Uratibu na Wenye Ulemavu, Prof. Palamagamba Kabudi, amewataka wananchi kuzingatia tahadhari na maelekezo yanayotolewa na wataalamu na mamlaka husika ili kupunguza madhara yanayotokana na majanga na maafa.

Prof. Kabudi ametoa wito huo tarehe 19 Agosti, 2026 wakati akizungumza katika maadhimisho ya Siku ya Watoa Huduma za Misaada ya Kibinadamu Duniani yaliyofanyika jijini Dar es Salaam.

Ushiriki wa wananchi ni muhimu katika kuimarisha ustahimilivu wa jamii dhidi ya majanga, huku akiwataka kuendelea kufuata taarifa na maelekezo rasmi kutoka kwa wataalamu na mamlaka zinazohusika na masuala ya maafa.

Katika hatua nyingine, alisema Serikali itaendelea kuimarisha mifumo ya tahadhari za mapema na kujenga ustahimilivu wa jamii ili kuongeza uwezo wa wananchi kukabiliana na majanga na kupunguza madhara yanayotokana na matukio hayo.

Alisema uwezo wa nchi katika kukabiliana na majanga kwa ufanisi unategemea uwepo wa mifumo madhubuti, uratibu na ushirikiano wa karibu na wenye tija kati ya Serikali na wadau wa huduma za kibinadamu.

Prof. Kabudi pia alimpongeza Rais Dkt. Samia Suluhu Hassan kwa mchango wake katika kusimamia masuala ya kibinadamu na ustawi wa wananchi.

Kupitia uongozi wa Rais Dkt. Samia, Serikali imeendelea kuhakikisha wananchi wanaokumbwa na changamoto za majanga wanapata msaada na faraja wakati wa dharura.

Prof. Kabudi aliwataka watoa huduma za kibinadamu kuwekeza zaidi katika kuwawezesha wananchi kwa elimu na taarifa sahihi kuhusu vihatarishi vinavyowazunguka, pamoja na hatua za kuchukua kabla, wakati na baada ya janga.

Kwa upande wake, Naibu Katibu Mkuu wa Ofisi hiyo, Dkt. James Kilabuko, amesema maadhimisho ya siku hiyo yanatoa fursa ya kutambua na kuthamini mchango wa watoa huduma za kibinadamu ambao hujitolea kwa moyo wa huruma, ujasiri na mshikamano katika kuokoa maisha na kupunguza madhara.

Alisema ni muhimu kuendelea kuimarisha ushirikiano na mshikamano miongoni mwa Serikali, wadau wa huduma za kibinadamu na jamii katika kuhakikisha kuwa msaada unapatikana kwa wakati na unawafikia wale wanaouhitaji.

Ni muhimu kuhakikisha kuwa katika kila hatua ya utoaji wa huduma za kibinadamu, maisha, usalama na utu wa mwanadamu vinaendelea kuwa kiini cha hatua tunazochukua.
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Monday, August 17, 2026

DIGITAL TRANSFORMATION IN BANKING: A GAME CHANGER THAT MISSES A STEP

Digital Transformation in Banking: A Game Changer That Misses a Step

By Nicky Mlelwa, Head of Application Management, Absa Bank TanzaniaDigital transformation has fundamentally changed the face of banking. What was once an industry defined by queues, paperwork, and branch visits is now powered by speed, convenience, and experiences that fit seamlessly into customers’ daily lives. Through automation, artificial intelligence, real-time data, and modern technologies, banks are delivering services faster and more intelligently than ever before.

Today, customers can open accounts, receive instant loan decisions, make payments in seconds, and receive personalized financial guidance, all from the palm of their hand. Services that once took days or even weeks can now happen in instantly. Features such as straight-through processing, real-time payments, digital lending, and open banking have moved from innovation to expectation, becoming part of what customers simply assume modern banking should provide.

But the real transformation goes beyond technology. It is about changing the relationship between banks and their customers. Banking is no longer just a place to store money or process transactions. Instead, it has become a trusted companion that supports customers throughout their financial journeys. Whether paying bills, sending money, accessing credit, saving for the future, or investing, customers can manage their finances anytime, anywhere, without being limited by branch locations or operating hours.

Behind these seamless experiences lies a powerful digital foundation. Banks have adopted technologies that make them faster, more flexible, and better equipped to respond to changing customer needs. Microservices and APIs allow complex banking systems to be broken into smaller, independent building blocks that are easier to improve and connect. Cloud computing provides on-demand computing power, enabling banks to innovate quickly without the constraints of traditional infrastructure. Artificial intelligence and machine learning help banks understand customer behaviors, anticipate needs, and deliver highly personalized solutions. Meanwhile, blockchain technology is strengthening trust by introducing greater transparency and security into financial transactions.

Together, these innovations are creating a new era of banking, one that is more connected, intelligent, and customer-centric. The banks that embrace this transformation are not simply digitizing existing services. They are reimagining what banking can be, creating experiences that are effortless, relevant, and available whenever customers need them. In a world where expectations continue to evolve, digital transformation is no longer just a competitive advantage. It is the foundation for future growth, innovation, and lasting customer relationships.

However, as much as I celebrate the remarkable strides banks have made in digitizing their offerings, there remains a critical gap - one that often goes unnoticed yet significantly impacts the customer experience. This gap lies in the lack of seamless digital complaint handling mechanisms within many digital banking solutions.

Digital customers expect digital service - not just when everything works perfectly, but also when something goes wrong. A customer who opens an account online, applies for a loan through a mobile app, or completes a transaction digitally naturally expects to resolve any issues through the same digital channels. Traditional avenues such as call centers or branch visits no longer resonate with the expectations of a digitally empowered customer base.

In fact, the expectation goes even further. Today’s digital customers anticipate systems that are intelligent enough to detect failures proactively and resolve them before the customer even raises a complaint. When this does not happen, and customers are forced to navigate fragmented support systems, the experience becomes frustrating. The inability to lodge a complaint easily or receive swift digital resolution leaves customers feeling unheard and undervalued.

This disconnect undermines the very promise of digital transformation. Despite offering cutting-edge services, banks risk losing customer trust and loyalty if the support experience does not match the simplicity and efficiency of the front-end journey. Lost voices in fragmented complaint systems translate into dissatisfaction, reduced engagement, and ultimately, negative impacts on revenue and brand perception.

The path forward is clear: banks must embrace a truly end-to-end digital journey - one that does not end at service delivery but extends seamlessly into customer support. Digital transformation should not only focus on enabling transactions but also on closing the feedback loop in real time.

This requires embedding complaint handling directly into the digital architecture of banking solutions. It means building systems that can capture issues instantly, track them transparently, and resolve them efficiently - without requiring customers to step off their digital experience. Every touchpoint, from initiation to resolution, must be designed with the same level of simplicity, speed, and intelligence.

An effective digital complaint management system should include automated detection of anomalies, real-time notifications, self-service resolution options, and, where necessary, swift escalation pathways - all accessible through digital channels. More importantly, it should provide customers with visibility and assurance that their concerns are being addressed.

In a market where customer expectations are continuously evolving, differentiation will no longer be driven solely by the sophistication of products but by the quality of experiences. Banks that succeed will be those that listen as well as they innovate - those that not only digitize services but also humanize the digital journey through responsiveness and empathy.

Ultimately, a truly transformed bank is one that ensures every interaction is digital, every complaint is resolved swiftly, and every customer feels heard. This is where trust is built, loyalty is strengthened, and long-term competitive advantage is secured.

Because in the end, a delighted customer is not just a satisfied user who is likely to spend more - it is an enduring source of value.
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Sunday, August 9, 2026

BSA BANK FC CROWNED CHAMPIONS OF TANZANIA BANKERS ASSOCIATION FOOTIE TOURNAMENT 2026

Absa Bank Tanzania Managing Director, Mr. Obedi Laiser (third left), receives the trophy from Tanzania Bankers Association (TBA) Treasurer, Mr. Rayson Foya (second left), after Absa Bank FC emerged victorious with a 1–0 win over Mwanga Hakika Bank FC in the final of the TBA Footie Tournament 2026, held at the Gymkhana Grounds in Dar es Salaam.

DAR ES SALAAM: August 8, 2026 - Absa Bank FC have been crowned champions of the Tanzania Bankers Association (TBA) Footie Tournament 2026 after edging Mwanga Hakika Bank FC 1–0 in a tightly contested final held on 7th August 2026 at the historic Dar es Salaam Gymkhana Grounds.

The much-anticipated final brought together two strong sides from Tanzania’s banking sector, with both teams showcasing skill, determination and tactical discipline.

From the opening whistle, Absa Bank FC and Mwanga Hakika Bank FC demonstrated why they had reached the tournament’s decisive stage. The match featured sharp passing, disciplined defending and relentless pressing, with neither side willing to give their opponents an easy opportunity.

However, Absa Bank FC eventually found the breakthrough, capitalising on a well-worked attacking move to score the decisive goal.

Despite determined efforts from Mwanga Hakika Bank FC to find an equaliser, Absa Bank FC held firm until the final whistle, securing a hard-fought 1–0 victory and lifting the coveted TBA Footie Tournament 2026 trophy.

MORE THAN JUST FOOTBALL

The annual Tanzania Bankers Association Footie Tournament is more than a sporting competition. It provides an important platform for promoting teamwork, employee wellness, camaraderie and unity across Tanzania’s banking and financial services industry.

The tournament brings together employees from different financial institutions, creating an opportunity for colleagues to interact beyond their usual professional roles while promoting healthy lifestyles, friendship and teamwork.

The 2026 edition once again demonstrated the strong spirit of collaboration within Tanzania’s banking fraternity, combining competition on the pitch with networking and social interaction off it.

For Absa Bank FC, the victory marks a memorable achievement and reflects the team’s commitment, discipline and teamwork throughout the competition.

Congratulations to Absa Bank FC on being crowned the TBA Footie Tournament 2026 champions!

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ABSA BANK TANZANIA SHOWCASES INNOVATIVE BANKING SOLUTIONS AT NANE NANE 2026

Minister for Agriculture, Hon. Daniel Chongolo (centre), receives an explanation about various banking services offered by Absa Bank Tanzania during his visit to the bank’s pavilion at the 32nd International Nane Nane Farmers’ Exhibition, which concluded yesterday at the Dr. John Samuel Malecela Grounds in Dodoma Region.
Absa Bank Tanzania’s Head of Customer Network, Ms. Irene Mwilongo Msungu (second left), explains the banking services offered by the bank to a Dodoma resident, Mr. Pius Killo, during his visit to the bank’s pavilion at the 32nd International Nane Nane Farmers’ Exhibition, which concluded yesterday at the Dr. John Samuel Malecela Grounds in Dodoma Region. On the left is the bank’s Dodoma Regional Branch Manager, Mr. Deogratias Luena, while third left is Absa Bank Tanzania’s Manager Citizenship and Events, Ms. Abigail Lukuvi.
Absa Bank Tanzania’s Dodoma Regional Branch Manager, Mr. Deogratias Luena (centre), explains the banking services offered by the bank to some students who visited the bank’s pavilion during the 32nd International Nane Nane Farmers’ Exhibition, which concluded yesterday at the Dr. John Samuel Malecela Grounds in Dodoma Region.
Absa Bank Tanzania Dodoma Branch employee, Mr. Emmanuel Basharasha, explains the banking services offered by the bank to some visitors at the bank’s pavilion during the 32nd International Nane Nane Farmers’ Exhibition held at the Dr. John Samuel Malecela Grounds in Dodoma Region yesterday.
Absa Bank Tanzania Dodoma Branch Sales Officer, Mr. Gabriel Mlaga (right), takes a photograph of a customer as part of the process of opening a new account during the customer’s visit to the bank’s pavilion at the 32nd International Nane Nane Farmers’ Exhibition held at the Dr. John Samuel Malecela Grounds in Dodoma Region yesterday.
Absa Bank Tanzania’s Head of Customer Network, Ms. Irene Mwilongo Msungu (second right), explains the banking services and products offered by the bank to Research Director from the Prevention and Combating of Corruption Bureau (PCCB), Dr. John Joseph (second left), during his visit to the bank’s pavilion at the 32nd International Nane Nane Farmers’ Exhibition, which concluded yesterday at the Dr. John Samuel Malecela Grounds in Dodoma Region.
Absa Bank Tanzania’s Head of Customer Network, Ms. Irene Mwilongo Msungu (centre), the bank’s Manager for Citizenship and Events, Ms. Abigail Lukuvi (second left), and some employees from Absa Bank Dodoma Branch pose for a group photograph at the bank’s pavilion during the 32nd International Nane Nane Farmers’ Exhibition held at the Dr. John Samuel Malecela Grounds in Dodoma Region. (Photos: Mgongo Media)
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Friday, August 7, 2026

TANZANIA HOSTS HISTORIC ICC CRICKET WORLD CUP QUALIFIER AS NATIONAL CRICKET TEAM FACES UGANDA

DAR ES SALAAM; August 7, 2026 – Tanzania today begins a historic chapter in its cricket journey by hosting the final leg of the ICC Men’s Cricket World Cup Challenge League B 2024–26 for the first time, with the national cricket team taking on Uganda in the tournament's opening match.

The competition, running from August 7 to August 18 at the newly inaugurated TCA Arena at the University of Dar es Salaam, marks the first ICC senior men's Cricket World Cup pathway event ever to be hosted in Tanzania.

Bahrain, Hong Kong China, Italy, Singapore, Tanzania and Uganda are competing for the remaining qualification places on the road to next year's ICC Men's Cricket World Cup.

Speaking ahead of today's opening match, Tanzania captain Kassim Nassoro expressed confidence in his team's preparations, saying they are ready for the challenge.

"We have prepared thoroughly and there is no room for excuses. Our objective is clear, and that's to proudly represent our country," Nassoro said.

 

Hosting the tournament is widely regarded as a major milestone for Tanzanian cricket.

Tanzania Cricket Association (TCA) Chairman Balakrishna Sreekumar said the event is the culmination of years of planning, investment and collaboration aimed at growing the sport in the country.

He noted that the tournament would help strengthen cricket infrastructure while creating more opportunities for players, officials and supporters.

"Following the successful inauguration of the TCA Arena recently, we are honoured to welcome the participating teams to our new home of cricket," Sreekumar said.

"We look forward to delivering a memorable tournament and showcasing the warmth, hospitality and passion for cricket that this country has to offer."

Tournament Coordinator Atif Salim said the new venue, comprising Annexes A and B, is expected to host major international tournaments in the future.

He added that Tanzania will immediately host the ICC Under-19 Women's World Cup Africa Qualifiers after the conclusion of the current tournament, further strengthening the country's position as a regional cricket hub.

The ICC Men's Cricket World Cup Challenge League B qualifiers began in Uganda in November 2024 before moving to Hong Kong China in February 2025. The final leg is now being staged in Dar es Salaam, where 15 List A matches will be played.

With only the top two teams progressing to the ICC Men's Cricket World Cup Qualifier Play-off, every match will be crucial in determining which nations remain on course to qualify for next year's ICC Men's Cricket World Cup.

Beyond the race for qualification, the tournament offers Tanzania an opportunity to showcase its growing sports infrastructure, organisational capacity and commitment to developing cricket at both regional and international levels


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ABSA BANK TANZANIA LAUNCHES “ABSA LIPA SASA” TO ACCELERATE DIGITAL PAYMENTS AND FINANCIAL INCLUSION

Absa Bank Tanzania's Head of Commercial, Victor Nchimbi (fifth left), Marketing and Communications Manager, Beda Biswalo (fourth left), and Product and Channels Manager, Devroda Kagusa (third right), together with other bank employees, launches the Absa Lipa Sasa payment solution during a press conference in Dar es Salaam today. Through Absa Lipa Sasa, customers can make payments from any bank or mobile phone network using a QR Code, making digital payments simpler and more convenient. (Photo: Mgongo Media)

Absa Bank Tanzania has officially launched Absa Lipa Sasa, its TanQR-powered payment solution designed to provide businesses and consumers with a fast, secure and interoperable digital payment experience. Built on Tanzania's national QR code standard under the guidance of the Bank of Tanzania, Absa Lipa Sasa enables merchants to accept payments from multiple banks and mobile wallets using a single QR code, simplifying transactions while reducing operational costs.

Speaking at the launch event, Victor Nchimbi, Head of Commercial Banking at Absa Bank Tanzania, said: "Absa Lipa Sasa is designed to make payments easier, faster and more convenient for businesses and their customers. With a single QR code, merchants can accept payments from customers across multiple banks and mobile wallets, eliminating the need for multiple devices or payment solutions. This reduces the cost and complexity of doing business while enabling faster transaction processing, improved record-keeping and enhanced security. For customers, it provides a seamless and reliable payment experience that supports the growing adoption of digital payments across Tanzania."

The launch aligns with the Government of Tanzania's broader agenda to expand financial inclusion and accelerate the digitisation of the economy. By leveraging TanQR interoperability, Absa Lipa Sasa enables merchants to accept digital payments through a single platform, removing the need for multiple payment systems or devices.

Further highlighting the solution's benefits, Nchimbi said the single QR Code accepts payments from various banks and mobile money operators, while transaction confirmations are received instantly.

He added that the solution reduces dependence on cash, increases transparency in payment transactions and lowers the cost of accepting payments, particularly for micro, small and medium-sized enterprises (MSMEs).

"The solution is designed to serve small, medium and large businesses, as well as informal sector merchants seeking a secure, simple and efficient way to receive payments," he added.

Absa Lipa Sasa supports micro, small and medium enterprises (MSMEs), informal traders and larger businesses seeking efficient, secure and convenient payment solutions.

Commenting on the significance of the launch, Beda Biswalo, Marketing & Communications Manager at Absa Bank Tanzania, said: "At Absa, we believe that 'Your Story Matters' because every customer, entrepreneur and business has ambitions worth supporting. Absa Lipa Sasa reflects our commitment to helping our customers grow through simple, secure and accessible payment solutions that respond to their everyday needs. This is how we bring our purpose, 'Empowering Africa's tomorrow, together... one story at a time,' to life, creating meaningful impact while advancing financial inclusion and digital transformation across Tanzania."

Through Absa Lipa Sasa, merchants can expand their customer reach, reduce cash-handling risks and build digital transaction histories that may enhance access to future financial services.
Absa Bank Tanzania's Head of Commercial, Victor Nchimbi (centre), Marketing and Communications Manager, Beda Biswalo (left), and Product and Channels Manager, Devroda Kagusa, demonstrate a mobile payment using the Absa Lipa Sasa payment solution during its launch in Dar es Salaam today. Through Absa Lipa Sasa, customers can make payments from any bank or mobile phone network using a QR Code, making digital payments simpler and more convenient.
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Sunday, August 2, 2026

SHIRIKISHO LA KIMATAIFA LA KRIKETI (ICC) LIMEELEZA KUWA TANZANIA INANAFASI KUBWA MIONGONI MWA MATAIFA YANAYOWEZA KUANDAA MASHINDANO MAKUBWA YA KRIKETI DUNIANI

Mwenyekiti wa Shirikisho la kimataifa Kriketi (ICC) Jay Shah katikati uzinduzi wa Uwanja wa kisasa wa chama Cha Kriketi Tanzania (TCA CricketArena) iliyojengwa katika viwanja vya michezo vya chuo kikuu cha Dar es Salaam, ambapo kiwanja hicho kitatumika kama kituo cha taifa cha kukuza vipaji na kuandaa timu za taifa wanaume na wanawake na vijana chini ya miaka 19, wengine pichani ni wadau wa michezo hiyo.
Shirikisho la Kimataifa la Kriketi (ICC) limeeleza kuwa Tanzania ina nafasi ya kuwa miongoni mwa mataifa yatakayoweza kuandaa mashindano makubwa ya kriketi duniani,

kufuatia uzinduzi wa Uwanja wa Kisasa wa Chama cha Kriketi Tanzania (TCA Cricket Arena) uliojengwa katika viwanja vya michezo vya Chuo Kikuu cha Dar es Salaam. Uwanja huo utatumika kama kituo cha taifa cha kukuza vipaji na kuandaa timu za taifa za wanaume, wanawake na vijana chini ya miaka 19.

Akizungumza wakati wa uzinduzi huo, Mwenyekiti wa ICC, Jay Shah, amesema uwekezaji wa Tanzania katika miundombinu ya kisasa na maendeleo ya vijana umeifanya nchi kuwa miongoni mwa mataifa yanayokua kwa kasi katika mchezo wa kriketi barani Afrika. Amesema endapo juhudi hizo zitaendelea, Tanzania inaweza kuwa miongoni mwa nchi zitakazoandaa Kombe la Dunia la Kriketi siku zijazo.

Kwa upande wake, Mtendaji Mkuu wa Chama cha Kriketi Tanzania (TCA), Hamisi Hassan Abdallah, amesema uwanja huo utaongeza uwezo wa Tanzania kuandaa mashindano ya kimataifa na kuwapa wachezaji mazingira bora ya mazoezi yanayokidhi viwango vya kimataifa. Amebainisha kuwa awali chama hicho kilikuwa na uwanja mmoja pekee, hali iliyokuwa ikikwamisha jitihada za kuandaa mashindano makubwa.

Naye Afisa Mwandamizi wa Michezo kutoka Baraza la Michezo la Taifa (NSC), Apansia Lema, amesema serikali itaendelea kuwekeza katika miundombinu ya michezo ili kukuza vipaji vya vijana. Amesema zaidi ya shule 400 nchini sasa zinashiriki mchezo wa kriketi, huku kufuzu kwa timu ya taifa ya vijana chini ya miaka 19 kushiriki Kombe la Dunia la mwaka 2026 kukitajwa kuwa hatua muhimu katika maendeleo ya mchezo huo nchini.

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Thursday, July 30, 2026

ABSA BANK AND TCB STRENGTHEN STRATEGIC PARTNERSHIP RELATIONS

Absa Bank Tanzania Managing Director, Mr. Obedi Laiser (left), greets Tanzania Commercial Bank Managing Director, Mr. Adam Mihayo, shortly after Mr. Laiser and his delegation arrived at TCB’s offices in Dar es Salaam yesterday. The courtesy visit was aimed at strengthening strategic partnership relations between the two institutions and exploring opportunities for collaboration.

The leadership teams of Absa Bank Tanzania, led by Managing Director Obedi Laiser, and Tanzania Commercial Bank (TCB), led by Managing Director Adam Mihayo, met at TCB’s headquarters in Dar es Salaam yesterday for a strategic engagement focused on strengthening the relationship between the two institutions and exploring opportunities for collaboration.

The meeting brought together the strengths of Tanzania’s state-owned commercial bank, TCB, and Absa Bank Tanzania, part of Africa’s leading pan-African banking group. Discussions centered on identifying practical areas where both institutions can work together to create greater value for customers, businesses, and the wider economy.

The engagement reaffirmed Absa’s shared commitment to supporting Tanzania’s Development Vision 2050 (Dira 2050) by leveraging complementary capabilities, fostering innovation, and advancing partnerships that contribute to sustainable economic growth and financial sector development.
Absa Bank Tanzania Managing Director, Mr. Obedi Laiser (left), listens to Tanzania Commercial Bank Managing Director, Mr. Adam Mihayo, during a courtesy visit at TCB’s offices in Dar es Salaam yesterday. The meeting focused on strengthening strategic partnership relations between the two institutions and identifying opportunities for collaboration.
Absa Bank Tanzania Managing Director, Mr. Obedi Laiser (second left), engages in discussion with Tanzania Commercial Bank Managing Director, Mr. Adam Mihayo (left), alongside several bank officials, during a courtesy visit at TCB’s offices in Dar es Salaam yesterday. The dialogue centered on strengthening strategic partnership relations between the two institutions and exploring business opportunities.
Absa Bank Tanzania Managing Director, Mr. Obedi Laiser (fourth left), Tanzania Commercial Bank Managing Director, Mr. Adam Mihayo (fifth left), and senior officials from both banks pose for a group photo following a courtesy visit at TCB’s offices in Dar es Salaam yesterday. The engagement was aimed at strengthening strategic partnership relations between the two institutions and exploring opportunities for collaboration.
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Tuesday, July 21, 2026

ABSA BANK TANZANIA STRENGTHENS PARTNERSHIPS WITH CORPORATE CLIENTS THROUGH NETWORKING BREAKFAST

Absa Group Chief Executive Officer for Corporate and Investment Banking (CIB), Mr. Zaid Moola (second right), engages with some of Absa Bank Tanzania’s Corporate and Investment Banking (CIB) clients during a customer networking event held in Dar es Salaam today. The event was organized by Absa Bank Tanzania as part of its ongoing commitment to strengthening business relationships with its corporate clients. It also brought together the clients and senior CIB executives from Absa Group, who are in Tanzania on a working visit.

Absa Bank Tanzania Strengthens Partnerships with Corporate Clients Through Networking Breakfast

In a continued effort to foster collaboration and recognize the invaluable contribution of its Corporate and Investment Banking (CIB) clients, Absa Bank Tanzania hosted a breakfast networking session today in Dar es Salaam. The event provided a dynamic platform for open dialogue on growth opportunities, emerging market trends, and the evolving future of business in Tanzania.

During the meeting, Absa Bank Tanzania Managing Director, Mr. Obedi Laiser, highlighted the diverse range of services the bank offers locally, with a particular focus on solutions tailored to meet the needs of corporate clients.

The session also marked the introduction of senior executives from Absa Group’s Corporate and Investment Banking division, led by Chief Executive Officer Mr. Zaid Moola, who engaged directly with clients during their working visit to Tanzania.

This visit by the Absa Group CIB leadership underscores the bank’s unwavering commitment to strengthening client relationships and delivering innovative solutions that enable businesses to thrive. It reflects Absa’s broader purpose of Empowering Africa’s tomorrow, together… one story at a time.
Absa Group Chief Executive Officer for Corporate and Investment Banking (CIB), Mr. Zaid Moola, delivered his remarks today during the CIB customer networking event held in Dar es Salaam. Organized by Absa Bank Tanzania, the event underscored the bank’s ongoing commitment to strengthening business relationships with its corporate clients. It also brought together clients and senior CIB executives from Absa Group, who are currently in Tanzania on a working visit.
Absa Group Chief Executive Officer for Corporate and Investment Banking (CIB), Mr. Zaid Moola (centre), Absa Bank Tanzania Managing Director, Mr. Obedi Laiser (right), and Managing Executive for Corporate and Investment Banking – Africa, Mr. Sola Adegbesan, share a light moment during a corporate clients' networking event hosted by Absa Bank Tanzania in Dar es Salaam today. The event formed part of the bank's ongoing efforts to strengthen business relationships with its corporate clients and provided an opportunity for them to engage with senior CIB executives from Absa Group, who are in Tanzania on a working visit.
Absa Bank Tanzania Managing Director, Mr. Obedi Laiser (right), listens to the Chief Executive Officer of ASA Microfinance, Mr. Muhammed Shah Newaj, during an event organized by the bank for its Corporate and Investment Banking (CIB) clients in Dar es Salaam today, as part of efforts to strengthen their business relationships. The meeting also brought together the clients and senior CIB executives from Absa Group, who are in the country on a working visit.
Absa Group Chief Executive Officer for Corporate and Investment Banking (CIB), Mr. Zaid Moola, together with some senior executives from Absa Group, Absa Bank Tanzania Managing Director, Mr. Obedi Laiser, along with some employees and CIB clients, posed for a group photo after the conclusion of the meeting in Dar es Salaam today.
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Sunday, July 19, 2026

WAZIRI MASAUNI AONGOZA SAVE SOIL WALKATHON, ATOA WITO WA KULINDA UDONGO NA MAZINGIRA

Waziri wa Nchi, Ofisi ya Makamu wa Rais (Muungano na Mazingira), Mhe. Mhandisi Hamad Yussuf Masauni, ameongoza mamia ya wananchi na wadau mbalimbali wa mazingira katika matembezi ya Save Soil Walkathon, huku akitoa wito kwa Watanzania kushiriki kikamilifu katika juhudi za kulinda udongo na mazingira kwa ajili ya maendeleo endelevu ya taifa.

Mhe. Masauni, ambaye alikuwa mgeni rasmi wa tukio hilo, alishiriki matembezi hayo yaliyoandaliwa na Lions Club of Dar es Salaam Mazingira chini ya kaulimbiu ya “Save Soil, Save Our Future” (Linda Udongo, Linda Mustakabali Wetu).
Tukio hilo liliwakutanisha wadau wa mazingira, taasisi mbalimbali, sekta binafsi na wananchi katika kampeni ya kuongeza uelewa kuhusu umuhimu wa kuhifadhi afya ya udongo na matumizi endelevu ya rasilimali za asili.

Akizungumza baada ya matembezi hayo, Mhe. Masauni alisema afya ya udongo ni msingi wa usalama wa chakula, uhifadhi wa mazingira na ustawi wa uchumi wa taifa, hivyo kuna umuhimu wa kila Mtanzania kushiriki katika juhudi za kuutunza.

"Udongo ni rasilimali muhimu inayobeba maisha yetu ya kila siku. Bila udongo wenye afya hatuwezi kuwa na usalama wa chakula, mazingira bora wala maendeleo endelevu. Ni wajibu wa kila Mtanzania kushiriki katika juhudi za kulinda mazingira na kutumia ardhi kwa njia zinazohifadhi uhai wake kwa manufaa ya kizazi cha sasa na kijacho," alisema Mhe. Masauni.

Katika kuonesha kwa vitendo dhamira ya kulinda mazingira, Mhe. Masauni pia alipanda mti ikiwa ni ishara ya kujitolea katika uhifadhi wa udongo na mazingira pamoja na kuhamasisha wananchi kushiriki katika upandaji miti kama sehemu ya juhudi za kukabiliana na athari za mabadiliko ya tabianchi na uharibifu wa ardhi.
Kwa upande wake, Rais wa Lions Club of Dar es Salaam Mazingira, Lion Ramadevi, alisema Save Soil Walkathon ni sehemu ya kampeni pana inayolenga kuhamasisha jamii kutambua mchango mkubwa wa udongo katika maendeleo ya kiuchumi, kijamii na kimazi-ngira.

"Save Soil Walkathon si matembezi pekee, bali ni harakati ya kuhamasisha mabadiliko ya tabia na kuwajengea wananchi uelewa wa umuhimu wa kulinda udongo. Tunataka kuona jamii, taasisi na sekta binafsi zikichukua hatua za pamoja katika kuhifadhi mazingira kwa mustakabali wa taifa letu," alisema Lion Ramadevi.

Naye Esther Msuya, Meneja wa Afya, Usalama, Ulinzi na Mazingira (HSSE) wa GSG Energies, alisema kampuni hiyo itaendelea kuunga mkono mipango na kampeni zinazolenga uhifadhi wa mazingira na maendeleo endelevu nchini.

"Kulinda mazingira ni jukumu la kila mmoja wetu. GSG Energies tunaamini kuwa maendeleo ya kweli lazima yaende sambamba na uhifadhi wa mazingira."

"Ushiriki wetu katika Save Soil Walkathon unaonesha dhamira yetu ya kusaidia juhudi za kuongeza uelewa wa jamii na kulinda rasilimali za asili kwa manufaa ya vizazi vijavyo."

"Tutaendelea kushirikiana na Serikali, taasisi na wadau mbalimbali katika kutekeleza miradi na kampeni zinazochochea utunzaji wa mazingira, matumizi bora ya rasilimali za asili na maendeleo endelevu nchini," alisema Esther Msuya.
Save Soil Walkathon imeonesha nguvu ya ushirikiano kati ya Serikali, asasi za kiraia, sekta binafsi na wananchi katika kuendeleza agenda ya utunzaji wa mazingira. Washiriki walihamasishwa kuchukua hatua za vitendo ikiwemo upandaji miti, matumizi bora ya ardhi, uhifadhi wa vyanzo vya maji na ulinzi wa rasilimali za asili kwa ajili ya mustakabali wa taifa.

Wadhamini wa Save Soil Walkathon:
  • GSG Energies
  • META JCB
  • SRL
  • UHAI Pure Drinking Water
  • ISUZU Tanzania

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