tag:blogger.com,1999:blog-82832439825845637082024-03-13T15:47:06.195+03:00Uchumi na Fedha(TANZANIA ECONOMICS AND FINANCE FORUM)Nalitolela, P. S.http://www.blogger.com/profile/14963957729680495716noreply@blogger.comBlogger145125tag:blogger.com,1999:blog-8283243982584563708.post-39089774386882825132009-03-24T16:22:00.001+03:002009-03-24T16:27:19.025+03:00Conference: Call for PapersThe Institute of Finance ManagementEstablished by Act of Parliament No 3 of 1972CONFERENCE ANNOUNCEMENT AND CALL FOR PAPERS2ndINTERNATIONAL CONFERENCE ON DEVELOPMENT POLICYConference ThemeGrowth Challenges, Development, Global Financial Meltdown and Public Policy: Emerging Issues in Developed and Developing EconomiesKilimanjaro Hotel Kempinski, Dar es Salaam, TANZANIAAugust 6th – 7th Nalitolela, P. S.http://www.blogger.com/profile/14963957729680495716noreply@blogger.com0tag:blogger.com,1999:blog-8283243982584563708.post-43444232706701814602008-11-16T19:48:00.002+03:002008-11-16T19:55:20.627+03:00How much it will cost the countryI saw this article from SUNDAY OBSERVER and I just had to share it with you all. Currently, there are strikes going on in higher learning institutions to complain about the level of funding the students get from the Government. This thing seems to happen every year; the Government never seems to be able to resolve it because they say they lack the funds to. Yet in these hard times, and a looming Nalitolela, P. S.http://www.blogger.com/profile/14963957729680495716noreply@blogger.com1tag:blogger.com,1999:blog-8283243982584563708.post-26822926906946416482008-11-13T19:22:00.004+03:002008-11-16T19:55:54.387+03:00NBC YAWANIA TUZO YA BENKI BORA AFRIKA[Habari kutoka MICHUZI BLOG]Benki ya Taifa ya Biashara (NBC), moja ya benki zinazoongoza nchini imechaguliwa kuwa miongoni mwa benki 7 zitakazoshindania Tuzo za Benki Bora Afrika.Tuzo za Benki Bora Afrika zinatoa heshima kwa juhudi za mageuzi ya kiutendaji, mifumo ya kisasa ya ufanisi na utendaji pamoja na ukuaji wa sekta ya kibenki barani Afrika. Tuzo hizi zinakusudia kusimika uwezo wa taasisi Nalitolela, P. S.http://www.blogger.com/profile/14963957729680495716noreply@blogger.com0tag:blogger.com,1999:blog-8283243982584563708.post-7376554748178066182008-11-06T19:08:00.002+03:002008-11-16T19:56:35.211+03:00THE SECOND GENERATION OF FINANCIAL SECTOR REFORMS[Photo courtesy of: Muhidin Issa Michuzi]OPENING SPEECH BY H.E. JAKAYA MRISHO KIKWETE, PRESIDENT OF THE UNITED REPUBLIC OF TANZANIA DURING THE CONFERENCE OF FINANCIAL INSTITUTIONS, ARUSHA, 6TH NOVEMBER, 2008Hon. Mustafa Mkullo, Minister for Finance and Economic Affairs;Madame Antoinette Sayeh, Director for Africa Department, IMF;Mr. Gray Mgonja, Permanent Secretary, Ministry of Finance;Professor Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8283243982584563708.post-15601079082911860022008-11-06T18:58:00.000+03:002008-11-06T18:59:03.730+03:007th IFM annual conference comingDear Colleagues,I am writting to notify you once again that the IFM Annual Conference will be taking place on 24th and 25th November at the Kilimanjaro Hotel Kempinski in Dar es Salaam.The conference is ussually very educative, and provides a great opportunity of networking; this will be its 7th year running Background The Institute of Finance Management (IFM) organizes an annual International Nalitolela, P. S.http://www.blogger.com/profile/14963957729680495716noreply@blogger.com0tag:blogger.com,1999:blog-8283243982584563708.post-13098232165924512332008-11-05T17:52:00.003+03:002008-11-16T19:57:34.146+03:00Watuhumiwa wa EPA kizimbani leoHABARI TOKA MICHUZI BLOGwatuhumiwa wa EPA kizimbani leo JEETU Patel (pichani katikati) anayetajwa kuwa kinara wa ufisadi katika wizi wa Sh bilioni 133 kwenye Akaunti ya Madeni ya Nje (EPA) katika Benki Kuu ya Tanzania (BoT) pamoja na wenzake tisa, jana walifikishwa mahakamani kujibu tuhuma za kuiibia benki hiyo. Wengine waliofikishwa katika Mahakama ya HakimuNalitolela, P. S.http://www.blogger.com/profile/14963957729680495716noreply@blogger.com1tag:blogger.com,1999:blog-8283243982584563708.post-47608272718419333792008-10-24T21:56:00.003+03:002008-10-24T21:57:56.027+03:00The Unbanked in TanzaniaHello Peter,This will make an interesting discussion on your blog.I got news that we have about 1,800,000 bank accounts in Tanzania, meaning less than 5% of the population is banked.What conclusions can be drawn from this information?- The unbanked are too poor to leave money in banks?- They lack basic finance literacy?- Existing banks are not aggressive enough in conquering the market (fewer Nalitolela, P. S.http://www.blogger.com/profile/14963957729680495716noreply@blogger.com3tag:blogger.com,1999:blog-8283243982584563708.post-23187856095420821742008-10-24T19:46:00.002+03:002008-10-24T19:49:28.826+03:00Dr. shayo muses over BoT's stanceBy Dr. Hildebrand ShayoTanzania businesses in forthcoming recession!The warning, caution and confidence issued by Profesa Benno Ndulu, the Governor of the Bank of Tanzania that the Tanzania's economic remain strong and is likely not to be pretentious by the global financial downturn sent waves through my mind that triggered me to suggest steps that Professor Ndulu overlooked in his analysis, thatNalitolela, P. S.http://www.blogger.com/profile/14963957729680495716noreply@blogger.com4tag:blogger.com,1999:blog-8283243982584563708.post-50594396786683324662008-10-09T19:03:00.002+03:002008-10-09T19:06:33.234+03:00We will be back...Dear Forum members,We would kindly like to apologize for not posting anything new for a fortnight. Uchumi na Fedha Administrators have been occupied with more imminent matters. We promise to be back in a day or two.Thank you for your patience and please keep visiting Uchumi na Fedha.sincerely,Nalitolela, P. S.Nalitolela, P. S.http://www.blogger.com/profile/14963957729680495716noreply@blogger.com0tag:blogger.com,1999:blog-8283243982584563708.post-68004252158467277042008-10-09T18:04:00.001+03:002008-10-09T18:06:10.143+03:00world's economic crisis, a tanzanian perpectiveGLOBAL ECONOMIC OUTLOOK ADVICE TO TANZANIANS, AND EAST AFRICANSDear My Countrymen,At this point, many of you are aware of the Economic turmoil that has rocked the global economies. From the NYSE, LSE, to Hong-Kong Stock Exchange the cry is the same, and the pain is being felt in all sectors ; manufacturing, energy, agriculture etc.Even though the problem may have started as Mortgage crisis in theNalitolela, P. S.http://www.blogger.com/profile/14963957729680495716noreply@blogger.com4tag:blogger.com,1999:blog-8283243982584563708.post-56546602366314478992008-09-24T19:37:00.005+03:002008-09-24T19:48:41.212+03:00A question on Foreign Exchange RatesI just came a cross a seemingly simple question, but a very interesting one from Issa Michuzi's Website. In the post, a visitor who goes by the alias David Villa asks, are foreign exchange rates true indicators of economic standards? He goes on to explain that say you have country A whose economic level is in all respects higher than country B, should the exchange rate of A's currency compared toNalitolela, P. S.http://www.blogger.com/profile/14963957729680495716noreply@blogger.com7tag:blogger.com,1999:blog-8283243982584563708.post-34303606468809488272008-09-24T18:35:00.002+03:002008-09-24T18:38:59.261+03:00Dar banks face post-IPO liquidity crunchTraders at the Dar es Salaam Stock Exchange. The liquidity problem in banks echoes a similar situation last year when the government withdrew its deposits from commercial banks. Photo/LEONARD MAGOMBABy WILFRED EDWINTanzania’s financial markets are going through an acute liquidity crunch caused by the massive oversubscription of the recent initial public offers by the National Microfinance Bank (Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8283243982584563708.post-27281391064307006522008-09-24T18:25:00.002+03:002008-09-24T18:32:12.057+03:00Treasury Bills Auction Summary - 17/9/2008Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8283243982584563708.post-31708894455704857692008-09-24T17:47:00.001+03:002008-09-24T17:48:48.976+03:00Economic Processing Zones (EPZs) up and kicking strongly2008-09-24 09:14:23By George MichaelExport Processing Zones (EPZs) are now fuelling and oiling domestic economy, according to reliable official sources.Within its one and half years of operations, the government has issued 29 licenses of which 18 are for undertaking EPZs` related manufacturing operations, while 11 are for development of EPZs infrastructure. More...[SOURCE: THE GUARDIAN]Nalitolela, P. S.http://www.blogger.com/profile/14963957729680495716noreply@blogger.com0tag:blogger.com,1999:blog-8283243982584563708.post-23799290363030977322008-09-24T17:35:00.002+03:002008-09-24T17:40:59.122+03:00ICF urges enhanced investment climatePIUS RUGONZIBWADaily News; Tuesday,September 23, 2008 @20:03AFRICAN governments have to improve their investment climate if wider economic and social progress is to be achieved, the Chief Executive Officer of the Investment Climate Facility for Africa (ICF), Mr Omari Issa, said on Monday at the UN High Level Event on Africa’s Development.Addressing the government, Non Governmental Organizations (Nalitolela, P. S.http://www.blogger.com/profile/14963957729680495716noreply@blogger.com0tag:blogger.com,1999:blog-8283243982584563708.post-12087425367488393382008-09-24T17:33:00.000+03:002008-09-24T17:35:15.245+03:00World meet on SMEs future opens in Dar tomorrowPIUS RUGONZIBWADaily News; Tuesday,September 23, 2008 @20:01A TWO-day international conference that will discuss the place of Small and Medium Enterprises in a globalised world economy opens in Dar es Salaam tomorrow.The meeting co-ordinator, Dr Esther Ishengoma, told reporters delegates will review the fate of the SMEs sector in the international arena and explore strengths and weaknesses of theNalitolela, P. S.http://www.blogger.com/profile/14963957729680495716noreply@blogger.com0tag:blogger.com,1999:blog-8283243982584563708.post-43006288330436967492008-09-24T17:28:00.001+03:002008-09-24T17:30:17.049+03:00Tanzanite prices and demand 'stable'By Citizen Reporter, Arusha Stakeholders in the tanzanite industry say the price of the precious gemstone found only in Tanzania is stable and competitive on the world market. They said in an interview here yesterday that demand for larger, better quality precious stone was still strong. However, they admitted that there was a slight drop in price for smaller stones on the world market, but Nalitolela, P. S.http://www.blogger.com/profile/14963957729680495716noreply@blogger.com0tag:blogger.com,1999:blog-8283243982584563708.post-72069492406616240062008-09-24T17:18:00.004+03:002008-09-24T17:22:08.298+03:00Graft in Tanzania slightly worse: TIBy Rose Athumani Tanzania took a slight knock in its efforts to combat corruption, dropping a few points in the 2008 global corruption rankings, according to a report released yesterday. The country scored 3 points in the new rankings from 3.2 recorded last year by the global corruption watchdog, Transparency International (TI). The drop means public perception of corruption in the country Nalitolela, P. S.http://www.blogger.com/profile/14963957729680495716noreply@blogger.com0tag:blogger.com,1999:blog-8283243982584563708.post-58134243319058960832008-09-24T17:15:00.004+03:002008-09-24T17:18:12.189+03:00Business urges speed in Customs UnionBy Zephania Ubwani, Arusha The business community in East Africa has called for the speedy implementation of the EAC Customs Union to enable it to move forward. A recent survey commissioned by the East African Business Council(EABC) shows that businesses in the region want the implementation expedited so that they can fully benefit from it. More...[SOURCE: THE CITIZEN]Nalitolela, P. S.http://www.blogger.com/profile/14963957729680495716noreply@blogger.com0tag:blogger.com,1999:blog-8283243982584563708.post-87088352667839231392008-09-24T17:12:00.002+03:002008-09-24T17:26:47.712+03:00Dar gets $200m more US grantBy Kagashe Beatus The United States has increased its funding to Tanzania by $200 million (Sh240 billion), adding to the current assistance it gives the country. The two governments signed five amendments to bilateral grant agreements in Dar es Salaam yesterday, increasing funding for existing programmes. More...[SOURCE: ]THE CITIZENNalitolela, P. S.http://www.blogger.com/profile/14963957729680495716noreply@blogger.com0tag:blogger.com,1999:blog-8283243982584563708.post-13151684371891853332008-09-24T17:09:00.002+03:002008-09-24T17:12:05.431+03:00Cut VAT on cellphones, EA urgedBy Samuel Kamndaya High taxes are making cellphones expensive in East Africa. To stem the trend, East African Community (EAC) member states should reduce value added tax (VAT) and import duties on mobile phones, Nokia East Africa general manager Gerald Brandjes said. More...[SOURCE: THE CITIZEN]Nalitolela, P. S.http://www.blogger.com/profile/14963957729680495716noreply@blogger.com0tag:blogger.com,1999:blog-8283243982584563708.post-7774332546377613392008-09-24T17:01:00.003+03:002008-09-24T17:09:14.940+03:00Fears allayed on GMOs in regional agricultureBy Bernard Muthaka, Citizen Correspondent, Kampala A study by the Common Market for Eastern and Southern Africa (Comesa) has allayed fears that introducing genetic technology in agriculture may lead to market losses.It indicates that even should such products be rejected, the decline in exports from the three East African countries would be insignificant. More...[SOURCE: THE CITIZEN]The issue of Nalitolela, P. S.http://www.blogger.com/profile/14963957729680495716noreply@blogger.com0tag:blogger.com,1999:blog-8283243982584563708.post-86498596632571489582008-09-22T21:03:00.003+03:002008-09-24T16:59:21.015+03:00BOA to extend more branches upcountryDAILY NEWS ReporterDaily News; Friday,September 19, 2008 @00:04BOA Bank will soon open new branches in Arusha and Mwanza regions to increase its coverage countrywide. The Bank's Marketing Manager, Mr Sudi Marungu, told reporters in Dar es Salaam on Wednesday shortly before 'Iftar' BOA hosted to its customers that the branches would help to improve its market share. More...[OURCE: DAILY NEWS]Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8283243982584563708.post-40934992029406095852008-09-22T20:41:00.001+03:002008-09-22T20:43:27.592+03:00NMB workers go on countrywide strikeBy Orton KiishwekoOperations at the National Microfinance Bank, the country's largest bank, are expected to be paralysed today when more than 1,800 employees go on strike to force the Government to pay them lump sum payments in benefits. A top Union official yesterday told The Citizen that the strike at the bank's 121 branches countrywide would commence at 8pm this morning should the management Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8283243982584563708.post-41140884601708186312008-09-22T20:35:00.002+03:002008-09-22T20:39:30.768+03:00New UN president criticises Bretton Woods institutionsBy Erick Kabendera, New York The UN General Assembly opened its 63rd session on Tuesday, with its new president criticizing the Bretton Woods institutions for their difficult policies on developing countries. Father Miguel D?Escoto Brockmann, who becomes the first priest to hold that position, cited the International Monetary Fund and World Bank as being under the command of the United States andUnknownnoreply@blogger.com1