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A blog that gives out financial institutions news on time with accurate informations.
CRDB bank share price has made an abrupt U-turn after appreciating by 16 per cent in the last three weeks.
TIB Development Bank has considerably reduced its net loss 17 times to 582m/- in this year quarter two (Q2) after cutting expenses.
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 Gold will begin discussions with the government on the concentrate export ban and other issues next week


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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.
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!
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



















