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Articles by Janeth Muhizi
Tanzania: Magufuli Sets Deadline for Suma JKT Loan Defaulters
By Janeth MuhiziDar es Salaam — President John Magufuli has given public and private institutions 30 days to settle their debts, which stands at Sh38.3 billion, with Suma JKT. The President issued the directive during a ceremony to launch Suma JKT investment centre at JKT Mgulani on Thursday, May 17, 2018. According to Dr Magufuli, some public and private institutions, which borrowed tractors, have yet to pay Suma JKT some Sh38 billion.
JPM sets deadline for Suma JKT loan defaulters
Dar es Salaam. President John Magufuli has given public and private institutions 30 days to settle their debts, which stands at Sh38.3 billion, with Suma JKT. The President issued the directive during a ceremony to launch Suma JKT investment centre at JKT Mgulani on Thursday, May 17, 2018. According to Dr Magufuli, some public and private institutions, which borrowed tractors, have yet to pay Suma JKT some Sh38 billion.
Why chemicals law stands still
Dar es Salaam. The limited number of inspectors in the chemical industry has been noted as a hindrance to prompt implementation of the law on control and management of industrial and domestic chemicals of 2003. This was revealed yesterday by deputy government chief chemist David Elias during the opening of a two-day training attended by over 60 chemical inspectors in Dar es Salaam.
Local production to push down cost of Luku meters
Dar es Salaam. Prices of prepaid electricity meters are expected to go down by up to 60 per cent after a new company announced the commencement of local production. Currently, the meters, popularly known as Luku meters, cost up to Sh300,000 each, with many being imported from Singapore.
CRDB records plunge in profits by half in 2017
Dar es Salaam. CRDB net profit fell by almost half last year when compared with 2016, the bank’ audited financial statement for the year ending December 31, 2017 shows. Last year the bank posted a profit of Sh30.8 billion from Sh63.7 billion recorded in 2016. According to the managing director, Dr Charles Kimei, the drop in profit was mainly due to an initiative set to clean up the loan book, and as a result, provision of impaired loans increased during the year.
Why TRA loses revenue in mining sector
Dar es Salaam. Lack of mining cost comparability database limits certainty in the Tanzania Revenue Authority (TRA) tax collection. This has been noted by the Controller and Auditor General (CAG), Prof Mussa Assad, in his recent report for the 2016/17 financial year. According to him, it was not easy to note whether related parties’ inter-transactions were not inflated to transfer or/and reduce corporate profit.
Over 600 co-parents respond to RC’s summons
Dar es Salaam. Over 600 male co-parents have responded to the summons issued by regional commissioner Paul Makonda after their counterparts sought legal help with the regard to the expenses child upbringing. Speaking with The Citizen on Tuesday, April 17, the coordinator of legal officers, who are at the RC’s office, Ms Fabiola Mwingira, said most of those, who were summoned responded positively.
Over 500 children get NHIF cards
Dar es Salaam. More than 500 children have been enrolled to receive health insurance cards. This is 50 per cent lower than the target set by the National Health Insurance Fund (NHIF) of registering 1,000 children in a day. According to NHIF, the challenge that existed on Thursday was that most mothers did not come with documents required for registration.
Tanzania: 90 Percent of Co-Parents Agree On Child Care
By Janeth Muhizi and Gladys MbwigaDar es Salaam — Over 90 per cent of co-parents who were summoned to the Dar es Salaam Regional Commissioner's offices reached agreements on the way forward in caring for their children. Addressing journalists on Thursday, Dar es Salaam RC Paul Makonda said 198 co-parents were summoned at his office, out of whom 179 reached an agreement on how to foot expenses of up-brining their children.
90 per cent of co-parents agree on child care
Dar es Salaam. Over 90 per cent of co-parents who were summoned to the Dar es Salaam Regional Commissioner’s offices reached agreements on the way forward in caring for their children. Addressing journalists on Thursday, Dar es Salaam RC Paul Makonda said 198 co-parents were summoned at his office, out of whom 179 reached an agreement on how to foot expenses of up-brining their children.
NHIF starts issuing insurance cards for ‘deserted’ women
Dar es Salaam. About 1,000 women are expected to receive health insurance cards for their children today. This comes after the Dar es Salaam Regional Commissioner, Mr Paul Makonda decided to offer legal aid for women who have been abandoned by their partners. This an approximate number of women who have been attended by lawyers and social workers since April 9.
Tanzania: NHIF Starts Issuing Insurance Cards for 'Deserted' Women
By Janeth Muhizi and Gladys MbwigaDar es Salaam — About 1,000 women are expected to receive health insurance cards for their children today. This comes after the Dar es Salaam Regional Commissioner, Mr Paul Makonda decided to offer legal aid for women who have been abandoned by their partners. This an approximate number of women who have been attended by lawyers and social workers since April 9.
Now men join women at Dar RC’s help desk
Nine men joined hundreds of women, claiming to have been abandoned by their spouses, to throng the Dar es Salaam Regional Commissioner’s office, seeking legal aid. The men claimed that they facing similar problems as their female counterparts, after their women ditched them and their children. The exercise started on Monday, through an initiative by Dar es Salaam Regional Commissioner Paul Makonda, aimed at helping women who have been abandoned by men who fathered their children.
City resident denies fathering with three women, abandoning
The saga involving men who are accused of having abandoned their children took a new turn at Dar es Salaam Regional Commissioner’s office after a man turned up claiming to have been accused by three different women over the matter. Speaking at RC Paul Makonda’s office on Wednesday, April 11, the man, who asked not to be named, refuted the allegations leveled against him by the women. “I received a call from a local government office. They had a letter for me.
Dar RC Makonda to spend Sh252 million on insurance cover of
The office of the Dar es Salaam Regional Commissioner will issue health insurance to children – aged bellow 17 years – who have been ‘abandoned’ by their biological fathers. Speaking in Dar es Salaam on Wednesday, April 11, 2018, Mr Makonda said initially, a total of 5,000 will be enrolled on the health insurance scheme.
Tanzania: Now Men Join Women At Makonda Parental Help Desk
By Glady Mbwiga and Janeth MuhiziDar es Salaam — A stream of men have joined hundreds of women, who claim to have been abandoned by their spouses, have continued to throng Dar es Salaam regional Commissioner offices, seeking help. The men are also claiming that they face similar problems after their women ditched them with children.
Now men joins women at Makonda parental help desk
Dar es Salaam. A stream of men have joined hundreds of women, who claim to have been abandoned by their spouses, have continued to throng Dar es Salaam regional Commissioner offices, seeking help. The men are also claiming that they face similar problems after their women ditched them with children. The exercise, which started Monday April 9, is Dar RC, Mr Paul Makonda initiative, seeking to help and assist women who have been abandoned by men who made them pregnant.
Hundreds of ‘abandoned mothers’ flock Dar es Salaam RC office
Dar es Salaam. Hundreds of mothers who claim to have been abandoned by their co-parents have gathered at the Dar es Salaam Regional Commissioner’s Offices today April 09, 2018 to seek legal assistance. The gathering is a response to a call by Dar es Salaam Regional Commissioner, Mr Paul Makonda, who organised the meeting in partnership with some volunteering lawyers.
Tanzania: Profit Falls, but Deposits Grow
By Janeth MuhiziDar es Salaam — The I&M Bank Ltd net profit slowed to Sh4.8 billion in 2017, lower than Sh5.4 billion recorded during the previous year. The bank's audited statement for the year ended in December 31, 2017 total deposits grew by 7.3 per cent from a shrink of 1.4 per cent in 2016 although assets fell by 4 per cent last year from the later.
Swala takeover planned for next month
Dar es Salaam. Swala Oil & Gas PLC (Swala) has announced that Orca Exploration Group Inc (Orca) has agreed to an additional extension of the date of its acquisition investment plan as advised by the government. The acquisition plan, which will cost up to $130 million, has been pushed back to May 11 instead of March 28, which has already passed.
Profit falls, but deposits grow
Dar es Salaam. The I&M Bank Ltd net profit slowed to Sh4.8 billion in 2017, lower than Sh5.4 billion recorded during the previous year. The bank’s audited statement for the year ended in December 31, 2017 total deposits grew by 7.3 per cent from a shrink of 1.4 per cent in 2016 although assets fell by 4 per cent last year from the later. However, the banks’ NPLs totalled Sh27,507 million compared to the corresponding year when their NPL was Sh16,144 million, which is an increase of Sh9 billion.
Lenders strive to tackle bad loans
High NPLs in the industry, according to stakeholders, were precipitated by clients’ failure to repay them in the wake of a change in the management of the economy. Some banks are worried about lending money to contractors working with the government due to the latter’s delays in paying the former. “Our main customers are retired employees since it is easy to monitor them because they have a fixed pension fund, providing a guarantee to us that they cannot easily go bankrupt.
Experts fret about banks’ new reporting standards
Dar es Salaam. The financial sector is unnerved by the compliance of new international standards in an environment which funding woes are already biting. The new standards require financial institutions to account for expected credit loss (ECL) from day one of issuing a loan, compared with the previous standard (IFRS 39), whereby the ECL was accounted for after 30 days of a dishonoured loan.
Shift in car buying behaviour
After saving for two years to buy his dream car, a Crown Majesta, Obrien Samwel, a resident of Dar es Salaam ended up buying a Toyota IST last month. He does not like the car that much but was forced by circumstances to purchase it. When he finally went online to make the purchase, he sadly realised he could not afford buying the car at USD8,600 (Sh19million) before tax. After tax, the initial price usually doubles and this would have meant dishing out close to Sh40 million.
Bishop Nzigilwa: Do not take revenge when offended
Dar es Salaam. The Auxiliary Bishop of Dar es Salaam Eusebius Nzigilwa has called upon members of the Roman Catholic Church to refrain from the allure of taking revenge once offended. Delivering his Easter message to believers at St Peter's Parish-Oysterby on Sunday, April, 2018, Bishop Nzigilwa said by not seeking revenge they will be following in the foot stets of Jesus.
Tanzania: Depositors Now Shift to Public Banks Following BoT Closures
By Janeth MuhiziDar es Salaam — Depositors from the banks that were closed have decided to bank with public commercial banks believing that they cannot go bankrupt. Speaking to The Citizen on Thursday, different depositors who approached covenant bank for women seeking their insured amount following the revocation of the banks' license on January 4, this year, revealed that they had made the move to safeguard their finances.
Depositors now shift to public banks following BoT closures
Dar es Salaam. Depositors from the banks that were closed have decided to bank with public commercial banks believing that they cannot go bankrupt. Speaking to The Citizen on Thursday, different depositors who approached covenant bank for women seeking their insured amount following the revocation of the banks’ license on January 4, this year, revealed that they had made the move to safeguard their finances.
Women’s group relives pain caused by banks’ closure
Dar es Salaam. When a group of 23 women from Makumbusho, Dar es Salaam, met with officials from the Covenant Bank for Women in 2013, they had no idea that their business venture would be plunged into crisis five years down the line. What they knew was that it was through commercial banks that they could realise their dream of becoming successful businesswomen.
DSE announces event to improve students’ investment decision
Dar es Salaam. The Dar Stock Exchange (DSE) has organised the 2018 scholar investment challenge for university and secondary school students who are interested in building their investment skills. The investment challenge which is scheduled for April 1 to June 30, 2018 has the aim of improving students’ investment decisions and financial analytics practice in choosing investment areas wisely.
Tanzania: Women's Group Relives Pain Caused By Banks' Closure
By Janeth MuhiziDar es Salaam — When a group of 23 women from Makumbusho, Dar es Salaam, met with officials from the Covenant Bank for Women in 2013, they had no idea that their business venture would be plunged into crisis five years down the line. What they knew was that it was through commercial banks that they could realise their dream of becoming successful businesswomen.
Nacte axe falls on 163 centres for shoddy work - News
Dar es Salaam. The National Council for Technical Education (Nacte) has barred 163 vocational training institutions from admitting students in the 2018/19 academic year. The council’s Monitoring and Evaluation head, Dr Anastela Sigwejo, told journalists here yesterday that the training centres had been barred from admitting students following a recent Nacte audit.
Nacte halts new enrollment at 163 vocational colleges
Dar es Salaam. The National Council for Technical Education (Nacte) has barred 163 vocation training institutions from admitting students in 2018/19 academic year. This was revealed on Friday, March 23, during a press conference in Dar es Salaam. Nacte’s Monitoring and Evaluation head Anastela Sigwejo said these vocational centre have been barred from admitting students following an audit conducted by the Council.
Tanzania: Nacte Halts New Enrollment At 163 Vocational Colleges
By Janeth MuhiziDar es Salaam — The National Council for Technical Education (Nacte) has barred 163 vocation training institutions from admitting students in 2018/19 academic year. This was revealed on Friday, March 23, during a press conference in Dar es Salaam. Nacte's Monitoring and Evaluation head Anastela Sigwejo said these vocational centre have been barred from admitting students following an audit conducted by the Council.
Tanzania: Meeting Held to Discuss Control of Diseases in ECSA States
By Janeth MuhiziDar es Salaam — A three-day-meeting hosted by the Minister for Health, Community Development, Gender, the Elderly and Children, Ummy Mwalimu, has ended today with delegates committing to seven resolutions to be implemented as a process of attaining sustainable development goals. The meeting that was held in Dar es Salaam aimed at discussing different challenges facing the health sector in the countries of the East, Central and Southern Africa region.
Meeting held to discuss control of diseases in ECSA states
Dar es Salaam. A three-day-meeting hosted by the Minister for Health, Community Development, Gender, the Elderly and Children, Ummy Mwalimu, has ended today with delegates committing to seven resolutions to be implemented as a process of attaining sustainable development goals. The meeting that was held in Dar es Salaam aimed at discussing different challenges facing the health sector in the countries of the East, Central and Southern Africa region.
Tanzania: Committee Formed to Look Into Hurdles of Cross-Border Trading
By Janeth MuhiziDar es Salaam — The government has formed a committee that will seek to find ways of curbing challenges facing exporters. The committee, comprising of members from both the public and private sectors, will seek to find solutions to challenges that exporters face in foreign markets, stakeholders heard at a meeting earlier this week.
Committee formed to look into hurdles of cross-border trading
Dar es Salaam. The government has formed a committee that will seek to find ways of curbing challenges facing exporters. The committee, comprising of members from both the public and private sectors, will seek to find solutions to challenges that exporters face in foreign markets, stakeholders heard at a meeting earlier this week.
Tanzania PM Orders Mtwara Co-Ops Leaders to Pay Back Over U.S$888 Million
By Janeth MuhiziDar es Salaam — Prime Minister Kassim Majaliwa has ordered co-operative society leaders accused of embezzling cashew farmers monies to immediately pay back or face legal measures. The PM also ordered Mtwara Regional Commissioner Gelasius Byakanwa to hunt down the responsible leaders who have allegedly gone into hiding.
Tanzania PM orders Mtwara co-ops leaders to pay back over Sh2.3
Dar es Salaam. Prime Minister Kassim Majaliwa has ordered co-operative society leaders accused of embezzling cashew farmers monies to immediately pay back or face legal measures. The PM also ordered Mtwara Regional Commissioner Gelasius Byakanwa to hunt down the responsible leaders who have allegedly gone into hiding. According to Mr Majaliwa, the leaders embezzled a total of Sh2.3 billion belonging to the farmers in the 2016/2017 financial year and Sh1.7 billion in the previous financial year.
Tanzania: 'Start Katiba Process Afresh'
By Janeth MuhiziDar es Salaam — The Tanzania Centre for Democracy (TCD) held its meeting in Dar es Salaam Wednesday, during which it resolved to seek audience with President John Magufuli and discuss with him the need to re-initiate the process to rewrite country's constitution.
‘Start Katiba process afresh’
Dar es Salaam. The Tanzania Centre for Democracy (TCD) held its meeting in Dar es Salaam Wednesday, during which it resolved to seek audience with President John Magufuli and discuss with him the need to re-initiate the process to rewrite country’s constitution.
Tanzania: Acacia Denies Selling Tanzanian Subsidiaries
By Janeth MuhiziTanzania largest gold mining company, Acacia, has disclosed that it held 'unofficial' talks with strategic investors to partner on its investments in the country. Acacia, which owns three largest gold mines of Buzwagi, North Mara and Bulyanhulu located along Lake zone, made the revelation yesterday in a statement, stressing that the talks were informal.
Acacia denies selling Tanzanian subsidiaries
Tanzania largest gold mining company, Acacia, has disclosed that it held ‘unofficial’ talks with strategic investors to partner on its investments in the country. Acacia, which owns three largest gold mines of Buzwagi, North Mara and Bulyanhulu located along Lake zone, made the revelation yesterday in a statement, stressing that the talks were informal.
Seven directors arraigned for failing to comply with WCF law
Seven managing director from four companies were arraigned on Monday facing charges of failing to register and provide necessary information to the Workers Compensation Fund (WCF) as the law stipulates. The employers were brought into hearing at the Kisutu Magistrate Court, on February 19 with each of them facing two counts with the exception of one of them who had three counts.
Chadema refutes reports claiming it has pulled out of
Dar es Salaam. The main opposition party, Chadema has refuted rumors circulating in social media that it has pulled out of the parliamentary by-elections in two constituencies and eight wards slated for tomorrow. Political parties have since January 21, this year been campaigning for parliamentary by-elections in Kinondoni and Siha Constituencies. Also, campaigns involved eight wards located in various councils in the country.
Tanzania: Mwakyembe Graces Radio Day Event
By Janeth MuhiziDar es Salaam — The minister for Information, Culture, Arts and Sports, Dr Harrison Mwakyembe was expected to be the chief guest during an event to commemorate the World Radio Day. The event, which was organised by UNESCO in collaboration with the Tanzania Development Information Organisation (TADIO), a network of community media in Tanzania, was planned to take place in Dodoma late yesterday.
Mwakyembe graces Radio Day event
Dar es Salaam. The minister for Information, Culture, Arts and Sports, Dr Harrison Mwakyembe was expected to be the chief guest during an event to commemorate the World Radio Day. The event, which was organised by UNESCO in collaboration with the Tanzania Development Information Organisation (TADIO), a network of community media in Tanzania, was planned to take place in Dodoma late yesterday.
Tanzania: Acacia Shares Price Down
By Janeth MuhiziDar es Salaam — Acacia Mining share price at the Dar es Salaam Stock Exchange (DSE) fell by 0.92 per cent on Monday to Sh2,410 from Sh5,460 recorded during the last week's close. This trend is experienced during a day when the company announced its financial statement for 12 months of last year and announced an appointment of the new Managing Director for Tanzania subsidiaries.
Acacia shares price down
Dar es Salaam. Acacia Mining share price at the Dar es Salaam Stock Exchange (DSE) fell by 0.92 per cent on Monday to Sh2,410 from Sh5,460 recorded during the last week’s close. This trend is experienced during a day when the company announced its financial statement for 12 months of last year and announced an appointment of the new Managing Director for Tanzania subsidiaries.
Information minister to grace World Radio Day in Dodoma
Dar es Salaam. The Minister of Information, Culture, Arts and Sports Dr Harrison Mwakyembe is expected to grace the World Radio Day commemorations in Dodoma on Tuesday February 13. The event, organized by the United Nations Educational, Scientific and Cultural Organization (Unesco) in collaboration with the Tanzania Development Information Organization (TADIO) brings together a network of community media in Tanzania.
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