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Eastern Africa

The National Bank of Commerce Launches Tax Payment Facility in Tanzania

The National Bank of Commerce (NBC) has introduced a new tax banking product which will enable payments of revenue through the bank. “Customers and non customers of the bank will be able Read More →

What Lessons Can We Learn From East Africa’s Mobile Money Developments?

With more than one billion consumers, Africa is a continent of rising influence and potential. In East Africa, specifically in Kenya, mobile money has boosted the economy, revolutionized retail, and changed Read More →

KCB Bank Tanzania Launches Biashara Club

KCB Bank Tanzania launched a Biashara Club to provide Small and Medium Sized Enterprise (SMEs) with banking and enterprise development services. Over 100 Biashara Club members met in Dar es Salaam Read More →

Stanbic Gets Euromoney Awards for Excellence

Standard Bank has been recognised as Africa’s Best Bank for Markets and Africa’s Best Bank for Wealth Management at the 2016 Euromoney Awards for Excellence. The bank, which trades in the country Read More →

Danford Mbilinyi Honoured as ATM Industry Champion

Danford Mbilinyi, CEO of UmojaSwitch in Tanzania, has become the latest ATM Industry Champion to be recognised by ATMIA, a global non-profit trade association with more than 6000 members in Read More →

Banks in Tanzania Reduce Non-performing Loans

Financial institutions have managed to cut down on non-performing loans after increasing access to credit reference databank services. The number of borrowers submitted by banking institutions to the Credit Reference Databank increased Read More →

Standard Chartered Launches Roll Out of Mobile, Online Banking in Tanzania

Standard Chartered has launched an extensive roll out of mobile and online banking in Tanzania and across Africa. The bank said in a statement that the roll out will cover 1 Read More →

BancABC Botswana Introduces Visa Card to Avert Cash Risks

BancABC, has introduced Visa Cash card to avert risks of carrying cash around and contribute to the move towards a cashless society. Speaking at the on-going Dar es Salaam International Trade Read More →

National Microfinance Bank, Star Times Launch Partnership – Tanzania

National Microfinance Bank (NMB) has launched a product that would help subscribers with Star Times Tanzania Limited pay subscription fees through the bank. Speaking shortly after the launching ceremony in Dar es Read More →

Simbanking Enjoys Tremendous Success – Tanzania

Simbanking users have increased by 140 per cent in the first six months of this year, raising the bar of e-transaction in the country. The surge, from 250,000 users in 2015 Read More →
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