The government has commended Vodacom Tanzania for coming up with mobile innovative solution that will see smallholder farmers receiving support to improve their lives through Information and Communication Technology (ICT). The initiative dubbed Kilimo Klub, is an exclusive service targeting smallholder farmers and will enable farmers to access M-Pesa and get empowered financially through the
PayGo solar expert Azuri Technologies, leading mobile network operator Tigo and principal cellular retail operator Lotus Africa announce at Mobile World Congress their strategic partnership to bring integrated pay-as-you-go energy and mobile payment services to rural households in Tanzania. The partnership aims to bring solar power, mobile phone charging and mobile money services to over
Millions of M-Pesa and Tigo Pesa customers in Tanzania will soon be able to send and receive money directly into each other’s wallets. This follows the recent signing of a mobile money interoperability agreement between Tigo and Vodacom. The agreement announced, will for the first time see four million Tigo Pesa users exchanging money directly
The business community in East Africa has been assured of getting cash and perform transactions digitally, thanks to the initiative of ‘Umoja Switch’ across the region, which is Tanzania’s network of Automatic Teller Machines (ATMs) and Mobile Banking. The region has in the recent years made huge gains in intraregional trade and increased movement of
NMB Bank has started offering its services through the MaxMalipo agency banking, in a bid to reach more customers. The development comes after a successful piloting of the project in Kigamboni-Dar es Salaam, Dodoma and Arusha regions. This was unveiled at the weekend by the NMB Information Officer, Ms Doris Kilale, at the promotion held
The National Microfinance Bank (NMB) Managing Director, Mr Mark Wiessing, completes his tenure as CEO of the firm on February 28, this year, it was announced in Dar es Salaam. NMB Board of Directors Chairman, Professor Joseph Semboja, said Mr Wiessing would be replaced by Ms Ineke Bussemaker. He said Mr Wiessing has been appointed
Barclays Bank Tanzania Limited (BBTL) yesterday made its mark in the country’s banking practice, become one of the most digital savvy financial institutions after launching cash deposit automated teller machines (ATMs). BBTL Head of Products, Segments and Retail Strategy, Mr Musa Kikoi, said i-ATMs launched on Wednesday were a range of digitally advanced ATMs capable
Airtel Tanzania has unveiled a Near Field Communication (NFC) payment service, that enables holders of Airtel Money accounts settle bills using their cards. Airtel Money Director, Mr Aijaz Khan, said “technology is dynamic. It is key to keep up with emerging global trends by introducing innovative services that will suit the ever growing customer demands.
THE National Bank of Commerce (NBC) announced the appointment of Dr Kassim Hussein, as interim chairman of the bank’s board of directors. Dr Hussein fills the position left vacant by Professor Mussa Assad who was recently appointed Controller and Auditor General (CAG). NBC Interim Managing Director, Mr Pius Tibazarwa, said in a statement that Dr
EXIM Bank Tanzania has introduced Faida EMV Debit Card to replace the existing Magnetic Stripe Card, in a move designed to enhance the bank’s transactions. Faida EMV Debit Card provides enhanced security through an embedded chip that processes the customer’s data with unparallel security and hence making it virtually impossible to copy or tamper with.
