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

Monday, August 31, 2020

Absa Bank TZ Pugu Branch launch in pictures

Absa Bank Tanzania Pugu Branch Manager, Veronica Okio (right), and bank customer, Fuad Salmeen (in white coat) cuts a ribbon to inaugurate Absa’s Pugu new branch along Nyerere Road in Dar es Salaam during the weekend. Second right is ABT Head of Branch Network, John Beja. Absa...
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Thursday, August 27, 2020

Benki ya DCB yamtembelea Mama Mkapa na kumpa mkono wa pole

Mke wa Rais Mstaafu wa awamu ya tatu, marehemu Benjamin Mkapa, Mama Anna Mkapa (kulia), akipokea nishani yenye ujumbe wa maneno ya Rais Mkapa kuhusu uanzishwaji wa benki ya Biashara ya DCB kutoka kwa Mjumbe wa Bodi ya Benki hiyo, Zawadia Nanyaro wakati yeye, Mkurugenzi Mtendaji,...
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Wednesday, August 26, 2020

DAWASA WAZIDI KUSOGEZA HUDUMA YA MAJI KWENYE MAENEO YALIYOKUWA NA CHANGAMOTO UKOSEFU WA MAJI SAFI

Mamlaka ya Maji safi na Maji taka Dar es salaam DAWASA katika mkakati wake wa kumtua Mama Ndoo kichwani wameendelea kusogeza huduma ya upatikanaji wa Maji safi na Salama kwa wananchi ambapo kwa sasa wapo katika utekelezaji wa Miradi mikubwa uboreshaji na usambazaji wa kwenye...
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NMB Yawakomboa Wananchi Mlimba

Mkuu wa Wilaya ya Kilombero - Ismail Mlawa (wa tatu kulia) akikata utepe kuashiria uzinduzi rasmi wa tawi la NMB Mlimba Wilayani Kilombelo Mkoani Morogoro wakati wa hafla ya ufunguzi iliyofanyika jana. Kutoka kushoto ni Meneja wa NMB Kanda ya Ziwa - Baraka, Ladislaus, Meneja...
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Tuesday, August 25, 2020

ZANTEL ORGANISES A GOLF TOURNAMENT AT LUGALO GOLF GROUNDS

The Foreign Affairs and East African Cooperation Deputy Minister, Dr. Damas Ndumbaro teeing off during the monthly golf tournament organised by Zantel and took place at the Lugalo Golf grounds in Dar es Salaam yesterday. Kain Mbaya, a Lugalo Golf club player teeing off...
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Monday, August 24, 2020

Absa Earnings Decline as Economic Impact of COVID-19 Increases Impairment Charges

*Salient points: Revenue increased 3% to R40.1 billion  Operating costs fell 2% to R21.6 billion Cost-to-income ratio improved to 53.9% from 56.7% Pre-provision profit increased 9% to R18.5 billion Impairments increased four-fold to R14.7 billion Headline earnings...
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Tuesday, August 18, 2020

RC KUNENGE AMTAKA MKANDARASI WA KAMPUNI YA NYANZA KUKAMILISHA UJENZI WA DARAJA LA KIVULE KABLA YA SEPTEMBER 30

Mkuu wa Mkoa wa Dar es salaam Mhe. Aboubakar Kunenge akiongea na waandishi wa habari, mara baada ya kufanya ukaguzi wa ujenzi wa Daraja linalojengwa na Kampuni ya Nyanza lililopo katika barabara Kitunda-Kivule eneo la Mwailafu. Muonekano wa Daraja linalojengwa na Kampuni...
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ABSA TANZANIA LAUNCHES A NEW BRANCH IN DODOMA

Dodoma Regional Commissioner, Dr. Binilith Mahenge (second right), cuts a ribbon to officially open a new Absa Bank Tanzania branch in Tanzanian Capital, Dodoma, located at PSSSF House. Witnessing the event held this Monday are from right; Absa Head of Retail Banking, Oscar...
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Friday, August 14, 2020

ABSA TANZANIA KUENDELEA KUWA MSTARI WA MBELE KUSAIDIA JAMII

Meneja Huduma za Jamii wa Benki ya Absa Tanzania, Hellen Siria (kushoto) na Meneja Miradi wa Makampuni kutoka Shirika linalojihusisha na kuboresha maisha ya watoto yatima na wanaoishi katika mazingira magumu hasa wale walioathirika na ugonjwa wa ukimwi (Pact), Beatrice Kamugisha,...
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Thursday, August 13, 2020

NBC yasaidia ujenzi wa madarasa shule ya Kizimkazi mjini Unguja

Makamu wa Rais, Mama Samia Suluhu Hassan (katikati), akiwasalimia baadhi ya maofisa wa Benki ya Taifa ya Biashara (NBC), katika hafla ambayo NBC ilimkabidhi msaada wa vifaa vya ujenzi vyenye thamani ya shs 29,200,000 kumalizia ujenzi wa madarasa manne ya Shule ya Awali ya...
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Tuesday, August 11, 2020

Absa wins the Euromoney 2020 Excellence in Leadership in Africa award

The Absa Group headquarters in Johannesburg. Absa Group, one of Africa’s leading diversified financial service group, was recently awarded the Euromoney 2020 Excellence in Leadership in Africa Award as a result of their integrated Covid-19 response for their employees,...
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