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

Wednesday, March 18, 2026

MBUNGE WA SEGEREA AWAKUMBUKA WANAFUNZI WENYE ULEMAVU WAKUSIKIA BUGURUNI.

Mbunge wa Jimbo la Segerea, Agnesta Lambert (CHAUMA), ameendeleza juhudi zake za kuimarisha ustawi wa makundi maalum kwa kuwafikia watoto wenye ulemavu wa kusikia katika Shule ya Msingi ya Viziwi Buguruni, jijini Dar es Salaam ambapo amekabidhi msaada wa vyakula pamoja na mahitaji mengine muhimu, kwa lengo la kuwawezesha watoto hao kusherehekea kwa heshima na furaha sikukuu za Idd el-Fitr na Pasaka.

Akizungumza katika hafla hiyo, Mbunge huyo ameeleza kuwa anahisi kuwajibika kusimamia masuala ya kijamii, hususan yanayohusu watoto wenye mahitaji maalum na kusisitiza kuwa uwekezaji katika ustawi na elimu ya watoto hao ni msingi muhimu wa kujenga jamii jumuishi na yenye usawa wa fursa.

‎Amebaini changamoto kubwa inayoikabili shule hiyo, ni upungufu wa mabweni kwa wanafunzi hao na kuahidi kufikisha suala hilo bungeni na kuongeza kuwa Serikali ya Awamu ya Sita chini ya Rais Dkt. Samia Suluhu Hassan imeweka kipaumbele katika sekta ya elimu, na hivyo ana imani kuwa changamoto zilizopo zitapatiwa ufumbuzi.

Kwa upande wake, Mwalimu Mkuu Msaidizi wa shule hiyo ameeleza kuwa uhaba wa mabweni unawaweka watoto hao katika hatari, ikiwemo uwezekano wa kupata ajali kutokana na mazingira yasiyo rafiki kwa hali yao.


‎Wanafunzi hao wakatoa wito kwa jamii na wadau mbalimbali kuendelea kuwasaidia watoto wenye mahitaji maalum, wakisisitiza umuhimu wa mshikamano wa kijamii katika kujenga mustakabali bora kwa wote.

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ABSA BANK HIGHLIGHTS COMMITMENT TO WOMEN’S EMPOWERMENT

Absa Bank Tanzania Chief Information Officer, Mr. Emmanuel Mwinuka, delivered a keynote address at the Accelerate Women Executive Summit held recently in Dar es Salaam. Sponsored by Absa Bank, the summit brought together women leaders to explore how technology, leadership, and inclusion are shaping the future of the nation.
Absa Bank Tanzania Citizenship and Events Manager, Ms. Abigail Lukuvi (second from right), receives a sponsorship appreciation certificate from Acceleration Foundation Executive Director, Ms. Bernice Fernandos, during the Accelerate Women Executive Summit held recently in Dar es Salaam. Sponsored by Absa Bank, the summit brought together women leaders to explore how technology, leadership, and inclusion are shaping the nation’s future. Looking on from the left are Absa’s Project Portfolio Manager, Ms. Munira Chambuso, Chief Information Officer, Mr. Emmanuel Mwinuka, and Accounts & Merchants Authoriser, Ms. Cygrade Othman.
Absa Bank Tanzania Chief Information Officer, Mr. Emmanuel Mwinuka (centre), and Absa’s Project Portfolio Manager, Ms. Munira Chambuso (left), listen to Dar es Salaam businesswoman and MeTL Group Marketing Director, Ms. Fatema Dewji, during the Accelerate Women Executive Summit held recently in Dar es Salaam. Sponsored by Absa Bank, the summit convened women leaders to discuss how technology, leadership, and inclusion are shaping the nation’s future.
Absa Bank SME Banker, Mr. Thamrat Khamis (left), engages with a visitor during the Accelerate Women Executive Summit held recently in Dar es Salaam. Sponsored by Absa Bank, the summit brought together women leaders to examine how technology, leadership, and inclusion are driving the nation’s future.
The jubilant Absa Bank Tanzania team, led by Chief Information Officer, Mr. Emmanuel Mwinuka (second from left), poses for a commemorative photograph following the Accelerate Women Executive Summit held recently in Dar es Salaam. Sponsored by Absa Bank, the summit united women leaders to explore how technology, leadership, and inclusion are shaping the nation’s future.
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Monday, March 16, 2026

ABSA BANK TANZANIA STRENGTHENS TIES WITH CLIENTS

 

Absa Bank Tanzania Managing Director, Mr. Obedi Laiser (left), Dar es Salaam Regional Sheikh, Walid Alhad Omar, and other guests serve iftar dinner during an event hosted by the bank for its clients in Dar es Salaam recently.
Dar es Salaam Regional Sheikh, Walid Alhad Omar (right), is welcomed by Absa Bank Tanzania Managing Director, Mr. Obedi Laiser, at the iftar dinner hosted by the bank for its clients in Dar es Salaam recently. Looking on (center) is Absa Bank Financial Controller, Mr. Muhsin Kaye.
Absa Bank Tanzania Retail Banking Director, Ms. Ndabu Swere (third left), together with staff members and other guests, serve iftar dinner during an event hosted by the bank for its clients in Dar es Salaam recently.
Absa Bank Tanzania Managing Director, Mr. Obedi Laiser, addresses clients and guests during the iftar dinner hosted by the bank in Dar es Salaam recently.
Dar es Salaam Regional Sheikh, Walid Alhad Omar, addresses the gathering during the iftar dinner hosted by Absa Bank Tanzania for its clients in Dar es Salaam recently.
Dar es Salaam Regional Sheikh, Walid Alhad Omar (center), Absa Bank Tanzania Managing Director, Mr. Obedi Laiser (second left), and some of the bank’s directors pose for a group photograph after the iftar dinner hosted by the bank for its clients in Dar es Salaam recently.
Absa Bank Tanzania Financial Controller, Mr. Muhsin Kashe (left), bids farewell to Dar es Salaam Regional Sheikh, Walid Alhad Omar, while the bank’s Managing Director, Mr. Obedi Laiser, looks on after the iftar dinner hosted by the bank for its clients in Dar es Salaam recently.
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Sunday, March 15, 2026

JIONI YA BARAKA FAMILIA YA OYA YASHIRIKI IFTAR NA JAMII

  Taasisi ya Oya Micro-crediti imeandaa futari maalum kwa wateja wake na jamii kwa ujumla tukio lililolenga kuimarisha mshikamano wa kijamii.

Watoto kutoka kituo cha kulelea watoto mayatima kinondoni,wakitabasam kufurahia iftar iliyoandaliwa na taasisi ya  Oya Micro-Credit ikiwa nikurudisha kwa jamii hasa katika mwezi huu mtukufu wa Ramadhani na Kwaresma


Mwezi Mtukufu wa Ramadhan ni wakati wa kutafakari, kushukuru, na kushirikiana na jamii katika kujitoa kwenye mambo mablimbali. Kwetu OYA, tunaamini kuwa mafanikio ya kweli hayapimwi tu kwa ukuaji wa biashara, bali pia kwa mchango chanya tunaoutoa kwa jamii inayotuzunguka.


Oya Micro-crediti tulipata heshima ya kuandaa Iftar dinner maalum iliyowaleta pamoja watumishi wetu, baadhi ya wateja na wageni maalum katika mazingira ya mshikamano na furaha.


Moja ya sehemu iliyogusa mioyo ya wengi ilikuwa uwepo wa watoto wazuri kutoka kituo cha kulelea watoto yatima kilichopo Kinondoni watoto hao walionesha Tabasamu lao lililota furaha kubwa na kutukumbusha maana halisi ya  ya Mwezi Mtukufu wa Ramadhan — huruma, upendo, na kushirikiana.

Haikua tu hafla ya kufuturu pamoja, bali pia ya kuimarisha mahusiano, kujenga mshikamano wa kijamii, na kueneza matumaini matukio kama haya yanatukumbusha kuwa hata matendo madogo ya wema yanaweza kuleta furaha kubwa kwa wengine.

Tunatoa shukrani zetu za dhati kwa kila mmoja aliyeshiriki na kuchangia kufanya siku hii iwe ya kipekee kadri mwezi wa Ramadhan unavyoendelea, OYA itaendelea kujitahidi kushirikiana na jamii na kuendeleza maadili ya umoja, huruma, na kusaidiana.


Kwa niaba ya familia nzima ya OYA, tunawatakia wote Ramadhan yenye baraka na amani. Alisema Mkurugenzi wa OYA Bwana. Alpha Peter



Ramadan Kareem. 🌙

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Thursday, March 12, 2026

ABSA BANK TANZANIA TARGETS EQUIPPING 5,000 YOUNG WOMEN WITH AI SKILLS THROUGH ELEVATEHER INITIATIVE

Absa Bank Tanzania, in partnership with Microsoft and Women in Tech, has launched the ElevateHer AI Programme in Tanzania, aiming to equip 5,000 young Tanzanian women with artificial intelligence (AI) skills and certification.

The programme forms part of a broader continental initiative designed to train 50,000 women across Africa with practical AI capabilities to participate in the growing digital economy.

Through ElevateHer, participants will access free, self-paced online learning pathways covering AI fundamentals, AI applications in business, and career development in an AI-driven workplace. The program will be accessible throughout the year.

Absa Bank Tanzania Chief Operations Officer, Oscar Mwamfwagasi, said the programme reflects the bank’s commitment to ensuring young women are equipped with the digital skills needed for the future. “Artificial intelligence is transforming how economies operate and how people work. Through the ElevateHer AI Programme, Absa Bank Tanzania aims to ensure young Tanzanian women are equipped with the skills and confidence to participate in the digital economy and contribute to innovation and growth.

The initiative builds on Absa Bank Tanzania’s ongoing efforts to promote women’s participation in technology, including last year’s GirlCode Hackathon, which brought together young women innovators to develop technology-driven solutions.

The ElevateHer programme offers three learning pathways: AI for All, AI for Business, and AI for Career Growth, allowing participants to build practical knowledge and apply AI tools in their professional or entrepreneurial journeys.

According to Tiara Pathon, AI Skills Director for Microsoft Elevate at Microsoft South Africa, inclusive access to digital skills is essential for Africa’s participation in the global AI economy.

Inclusive economic growth in the age of AI requires building skills at scale in emerging markets. For Africa, this means making deliberate investments in women’s digital and AI capabilities. Through our partnership with Absa and Women in Tech, ElevateHer is helping equip women across the continent with practical, job-relevant AI skills that strengthen Africa’s role in the future of work.”

The programme is also supported by Women in Tech Global, an organisation committed to empowering five million women and girls in Science, Technology, Engineering, and Mathematics (STEM) by 2030.

Women interested in participating can register online at: https://elevateher-in-africa.org/
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Monday, March 9, 2026

ACI FMA Tanzania Hosts Iftar to Strengthen Financial Market Dialogue

 

Dar es Salaam Stock Exchange (DSE), Chief Executive Officer, Mr. Peter Nalitolela (right), ACI FMA Global President, Mr. Rui Correia and ACI FMA Tanzania President, Mr. Farid Yahya Ally, serving iftar dinner at an occasion hosted by ACI FMA Tanzania in Dar es Salaam yesterday. The gathering brought together market participants, policymakers, and regulators to strengthen collaboration and promote a resilient financial market environment in the country. ACI FMA Tanzania is a non-profit organisation that promotes best market practices by providing financial markets practitioners with training, professional engagement, and certifications.

ACI FMA Tanzania has reaffirmed its commitment to supporting the sustainable growth of Tanzania’s financial markets and contributing meaningfully to the broader development of the national economy.

This was revealed by the Association’s President, Mr. Farid Yahya Ally, during an iftar gala held in Dar es Salaam over the weekend. The event featured a panel discussion on the progress and challenges facing Tanzania’s financial markets and brought together market participants, policymakers, and regulators.

Through continued collaboration with regulators, policymakers, and industry participants, the Association will continue to support initiatives aligned with Tanzania’s long-term development objectives, including the aspirations of DIRA 2050, which aims to build a one-trillion-dollar economy,” said Mr. Ally.

Addressing distinguished representatives from the Bank of Tanzania, the Dar es Salaam Stock Exchange, and Heads of Global Markets from leading banking institutions, Mr. Ally noted that as a professional body representing financial markets practitioners, ACI FMA Tanzania recognises its critical role in strengthening the development and integrity of Tanzania’s financial markets.

Strengthening partnerships with policymakers and regulators remains central to our mission of promoting best market practices and ensuring that Tanzania continues to provide a conducive environment for both local and international investors,” he said.

The iftar served as an important platform for dialogue and engagement among market participants, policymakers, and regulators. The discussions focused on identifying ways to bridge existing institutional gaps and enhance collaboration in shaping a well-functioning and resilient financial market environment.

During the discussions, participants highlighted several challenges affecting the financial markets sector, including limited product diversification, complex regulatory onboarding processes, and the dominance of bank-led financing.

Responding to the concerns, Mr. Peter Nalitolela, Chief Executive Officer of the Dar es Salaam Stock Exchange, acknowledged that while Tanzania’s capital markets continue to grow, retail investor awareness remains limited.

He noted that although the number of Central Depository System (CDS) accounts remains relatively low, the market has recently seen an increase in new investors entering the bourse.

While more investors are showing interest in the market, persistent challenges remain, including limited product diversity and market preparedness to accommodate growing investor participation,” he said.

Mr. Nalitolela also observed that initial public offerings (IPOs) have slowed not only in Tanzania but also globally, reflecting broader market trends.

However, he emphasised that Tanzania is gradually transitioning from a government-led economic model towards a stronger public-private sector-driven economy, a shift that is beginning to yield positive momentum in both capital and equity markets.

Meanwhile, Mr. Rui Correia, President of ACI FMA Global, announced that the association will introduce a scholarship programme for women in Africa, aimed at supporting female professionals in the financial markets sector.

This is something we want to do particularly as we approach International Women’s Day. For this year, we will focus on scholarships for women in Africa, and next year we will introduce another initiative,” Mr. Correia said.

He emphasised that the association places strong value on knowledge sharing and professional development within the financial markets community.

For us, education is not just about obtaining certificates. It is about sharing expertise, knowledge, and experiences across different areas of the financial markets,” he added.

ACI FMA Tanzania is a non-profit organisation operating under the umbrella of ACI FMA Global. The association promotes best market practices by providing financial markets practitioners with access to training, professional engagement opportunities, and internationally recognised certifications.
ACI FMA Tanzania President, Mr. Farid Yahya Ally, addresses participants during an iftar dinner in Dar es Salaam yesterday. The gathering brought together market participants, policymakers, and regulators to strengthen collaboration and promote a resilient financial market environment in the country. ACI FMA Tanzania is a non-profit organisation that promotes best market practices by providing financial markets practitioners with training, professional engagement, and certifications.
ACI FMA Tanzania President, Mr. Farid Yahya Ally (right), exchanges views with ACI FMA Global President, Mr. Rui Correia (left), and Bank of Tanzania Senior Financial Analyst, Mr. Stanslaus Shenyali, during an iftar dinner hosted by ACI FMA Tanzania in Dar es Salaam yesterday. The gathering brought together market participants, policymakers, and regulators to strengthen collaboration and promote a resilient financial market environment in the country. ACI FMA Tanzania is a non-profit organisation that promotes best market practices by providing financial markets practitioners with training, professional engagement, and certifications.
Dar es Salaam Stock Exchange Chief Executive Officer, Mr. Peter Nalitolela (right), speaks during a dialogue session held alongside the iftar dinner hosted by ACI FMA Tanzania in Dar es Salaam yesterday. The gathering brought together market participants, policymakers, and regulators to strengthen collaboration and promote a resilient financial market environment in the country. ACI FMA Tanzania is a non-profit organisation that promotes best market practices by providing financial markets practitioners with training, professional engagement, and certifications.
A cross-section of invited guests during the iftar dinner hosted by ACI FMA Tanzania in Dar es Salaam yesterday. The gathering brought together market participants, policymakers, and regulators to strengthen collaboration and promote a resilient financial market environment in the country. ACI FMA Tanzania is a non-profit organisation that promotes best market practices by providing financial markets practitioners with training, professional engagement, and certifications.
ACI FMA Tanzania President, Mr. Farid Yahya Ally (eighth from left), ACI FMA Global President, Mr. Rui Correia (sixth from left), ACI officials and other invited dignitaries pose for a group photograph after an iftar dinner hosted by ACI FMA Tanzania in Dar es Salaam yesterday. The gathering brought together market participants, policymakers, and regulators to strengthen collaboration and promote a resilient financial market environment in the country. ACI FMA Tanzania is a non-profit organisation that promotes best market practices by providing financial markets practitioners with training, professional engagement, and certifications.
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Sunday, March 8, 2026

WANAWAKE WA NBAA WAADHIMISHA SIKU YA WANAWAKE DUNIANI DAR ES SALAAM

  

Wanawake wa Bodi ya Taifa ya Wahasibu na Wakaguzi wa Hesabu Tanzania (NBAA) wameungana na wanawake wengine kuadhimisha Siku ya Wanawake Duniani 2026, katika maadhimisho ya kimkoa yaliyofanyika Machi 8, 2026 katika Viwanja vya Barafu Mburahati, Wilaya ya Ubungo jijini Dar es Salaam.

Maadhimisho hayo yalihudhuriwa na wanawake kutoka taasisi mbalimbali za umma na binafsi, ambapo Mkuu wa Mkoa wa Dar es Salaam, Mhe. Albert Chalamila, alikuwa mgeni rasmi katika hafla hiyo.

Akizungumza wakati wa maadhimisho hayo, Mhe. Chalamila aliwahimiza wanawake kuendelea kutumia fursa zilizopo ili kujiendeleza kiuchumi na kuchangia kikamilifu katika maendeleo ya taifa.

Alisema wanawake wana nafasi kubwa katika maendeleo ya jamii na taifa, hivyo ni muhimu waendelee kupewa na kutumia kikamilifu fursa zilizopo kwa ajili ya kufikia maendeleo jumuishi.

Wanawake wana mchango mkubwa katika maendeleo ya jamii na taifa, hivyo ni muhimu waendelee kupewa na kutumia kikamilifu fursa zilizopo ili kufikia maendeleo jumuishi,” alisema Chalamila.

Naye Mwenyekiti wa Kamati ya Wanawake TUICO tawi la NBAA Bi. Irene Mutagaywa amesema kuwa kaulimbiu ya maadhimisho hayo ambayo ni “Haki na usawa kwa wanawake na wasichana,” inalenga kuhamasisha jamii kuhakikisha wanawake na wasichana wanapata haki na fursa sawa katika nyanja mbalimbali za maisha, jambo ambalo pia linaendana na malengo ya maendeleo ya kimataifa kuelekea mwaka 2030 na ajenda ya maendeleo ya mwaka 2050.

Pia amesema maadhimisho hayo yamekuwa jukwaa muhimu la kuwakutanisha wanawake kutoka sekta mbalimbali kujadili masuala ya usawa wa kijinsia, haki za wanawake pamoja na mchango wao katika maendeleo ya jamii na taifa kwa ujumla.

Siku ya Wanawake Duniani huadhimishwa kila mwaka tarehe 8 Machi, ikiwa ni siku maalum ya kutambua mchango wa wanawake katika jamii na kuendelea kuhamasisha usawa wa kijinsia.

Historia ya siku hiyo inaanzia mwaka 1908, ambapo wanawake takribani 15,000 waliandamana katika mji wa New York, Marekani, wakidai kupunguziwa muda wa kazi, ujira wa kuridhisha na haki ya kupiga kura. Mwaka uliofuata, chama cha kisoshalisti cha Amerika kilitangaza siku ya kwanza ya kitaifa ya wanawake.

Wazo la kuifanya kuwa Siku ya Wanawake Kimataifa lilianzishwa mwaka 1910 na mwanaharakati wa haki za wanawake Clara Zetkin, wakati wa mkutano wa kimataifa wa wafanyakazi wanawake uliofanyika Copenhagen, Denmark.
Picha mbalimbali za matukio ya wafanyakazi wanawake wa Bodi ya Taifa ya Wahasibu na Wakaguzi wa Hesabu Tanzania (NBAA) katika maadhimisho ya Siku ya wanawake Kimataifa yaliyofanyika Machi 08, 2025 katika Viwanja vya Barafu Mburahati, Wilaya ya Ubungo jijini Dar es Salaam.
Mkuu wa Mkoa wa Dar es Salaam Mhe. Albert Chalamila pamoja na viongozi mbalimbali wakiwapungia mikono wafanyakazi wanawake wa Bodi ya Taifa ya Wahasibu na Wakaguzi wa Hesabu Tanzania (NBAA) katika maadhimisho ya Siku ya wanawake Kimataifa.
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Saturday, March 7, 2026

ABSA BANK TANZANIA RECOGNISED FOR ITS UNWAVERING COMMITMENT TO EMPOWERING WOMEN

Absa Bank Tanzania Managing Director, Mr. Obedi Laiser (sixth from left), poses with the Rising Women Award shortly after receiving it from the Minister of State, President’s Office – Planning and Investment, Prof. Kitila Mkumbo (fifth from left), in Dar es Salaam over the weekend. The bank was recognised for its unwavering commitment to empowering women, advancing financial inclusion, and creating meaningful opportunities for women’s representation in leadership positions.

Dar es Salaam, Tanzania – Absa Bank Tanzania has been recognised with the Rising Women Award in acknowledgment of its strong commitment to empowering women, promoting financial inclusion, and advancing women’s representation in leadership.

The recognition was presented by Kitila Mkumbo, Minister of State in the President’s Office responsible for Planning and Investment, during a brief ceremony held in Dar es Salaam over the weekend.

Receiving the award on behalf of the bank, Obedi Laiser, Managing Director of Absa Bank Tanzania, said the recognition reflects the institution’s continued efforts to support women’s economic empowerment and create inclusive opportunities within the financial sector.

Absa Bank Tanzania has in recent years strengthened initiatives aimed at supporting women entrepreneurs, expanding access to financial services, and increasing women’s participation in leadership roles within the organisation.

During the ceremony, Prof. Mkumbo presented the Rising Women Award to Laiser, commending the bank for its role in championing gender inclusion and supporting initiatives that empower women economically and socially.

In a related moment during the event, Abigail Lukuvi, Citizenship and Events Manager at Absa Bank Tanzania, received a token of appreciation in recognition of the bank’s contribution to the Rising Women Initiative.

The award highlights Absa’s broader commitment to sustainable development and inclusive growth by ensuring women have greater access to financial services, leadership opportunities, and economic participation.

Following the ceremony, Laiser, Lukuvi, and other members of the Absa team posed for a group photo while holding the Rising Women recognition awards, marking the bank’s continued role in advancing gender equality within Tanzania’s financial services sector.

Through such initiatives, Absa Bank Tanzania continues to position itself as a key partner in supporting women’s empowerment and driving inclusive economic development across the country.
Minister of State, President’s Office – Planning and Investment, Prof. Kitila Mkumbo, presents the Rising Women Award to Absa Bank Tanzania Managing Director, Obedi Laiser (second from right), in Dar es Salaam over the weekend. The bank was recognised for its unwavering commitment to empowering women, advancing financial inclusion, and creating meaningful opportunities for women’s representation in leadership positions.
Minister of State, President’s Office – Planning and Investment, Prof. Kitila Mkumbo, presents a token of appreciation to Absa Bank Tanzania Citizenship and Events Manager, Abigail Lukuvi, in recognition of the bank’s contribution to the Rising Women Initiative. The brief ceremony was held in Dar es Salaam over the weekend. The bank was recognised for its unwavering commitment to empowering women, advancing financial inclusion, and creating meaningful opportunities for women’s representation in leadership positions.
Absa Bank Tanzania Managing Director, Obedi Laiser (fourth from left), and the bank’s Citizenship and Events Manager, Abigail Lukuvi (third from right), together with other Absa staff members, pose with Rising Women recognition awards in Dar es Salaam over the weekend. The bank was recognised for its unwavering commitment to empowering women, advancing financial inclusion, and creating meaningful opportunities for women’s representation in leadership positions.
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Friday, March 6, 2026

AKIBA COMMERCIAL BANK ENGAGES WOMEN ENTREPRENEURS AHEAD OF INTERNATIONAL WOMEN’S DAY

   

Akiba Commercial Bank’s Chief Commercial Officer, Wezi Mwazani speaks during the engagement.

In celebration of International Women’s Day, Akiba Commercial Bank Plc hosted a special engagement event in Dar es Salaam on 6 March 2026, bringing together female entrepreneurs served by the bank from various branches across the city.

The event formed part of the bank’s Lady Entrepreneur Campaign, an initiative aimed at strengthening relationships with women customers while promoting financial empowerment and business growth.

Supporting Women in Business

Speaking during the engagement, the Bank’s Chief Commercial Officer, Wezi Mwazani, highlighted the important role women play in economic development and community transformation.


She emphasized that women entrepreneurs remain a key focus for the bank as it continues to expand financial inclusion and support the growth of small and medium-sized enterprises (SMEs).

Mwazani noted that the bank is committed to providing tailored financial solutions designed to meet the needs of women at different stages of their entrepreneurial journey.


Women entrepreneurs continue to demonstrate resilience and innovation in business. At Akiba Commercial Bank, we are committed to supporting women with financial solutions, knowledge, and opportunities that help them grow their businesses and improve their livelihoods,” she said.

Entrepreneurs Share Their Experiences

During the engagement, customers expressed appreciation for the support extended by the bank through its financial services and advisory initiatives.

Participants noted that access to banking services and financing has enabled them to:

  • Strengthen and expand their businesses
  • Increase household income
  • Improve their standards of living

Some entrepreneurs also highlighted that the support received has helped them contribute more actively to community development and job creation, demonstrating the wider impact of empowering women in business.

Strengthening Customer Relationships

The engagement in Dar es Salaam brought together female customers from several branches across the city, reflecting the bank’s commitment to deepening relationships with its customers while gaining insights into their evolving financial needs.

The bank also indicated that the event marks the beginning of broader outreach activities under the Lady Entrepreneur Campaign. Similar engagements are expected to be extended to customers in other regions where the bank operates.

Expanding Opportunities for Women Entrepreneurs

Through these continued engagements, Akiba Commercial Bank Plc aims to expand opportunities for women entrepreneurs by:

  • Promoting financial literacy and knowledge
  • Improving access to financial services
  • Supporting business growth and sustainability

The bank has also encouraged women entrepreneurs and business groups to visit its branches to explore the available banking solutions and take part in the ongoing Lady Entrepreneur Campaign as it expands to other regions across the country.











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