NMB awarded Best Bank in Tanzania by Euromoney

National Microfinance Bank PLC (NMB) has been named “the Best Bank in Tanzania for 2013” by pre-eminent international finance magazine Euromoney. The awards were presented at the 2013 Euro money Awards for Excellence Dinner in London. In the year 2012, NMB has made notable progress by providing transactional, savings and investment, and lending solutions to

MoneyGram Signs Money Transfer Agreements with Tanzania and Uganda Post

MoneyGram, a leading global money transfer company, announced that it has signed agreements with Uganda Post Limited (Posta Uganda), and Tanzania Posts Corporation (Posta Tanzania), the most extensive providers of postal services in their respective countries. In Uganda, where the population nears 33 million and inward remittances are estimated at nearly 775 million, according to

TPA Automates Payment System

Tanzania Ports Authority (TPA) has automated its billing and payment system, a move that seeks to improve revenue collections and transform the authority’s operations to paperless. According to TPA’s Acting Director of Information and Communication Technology, Phares Magesa, the electronic payment system that has started with CRDB bank, will in the next two weeks, be