First National Bank Of Tanzania
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First National Bank Of Tanzania
First National Bank Tanzania (FNBT), is a commercial bank in Tanzania. It is one of the commercial banks licensed by the Bank of Tanzania, the national banking regulator. It is a subsidiary of South Africa-based FirstRand Group. FNBT is a small commercial bank in Tanzania. History The bank commenced operations in Tanzania, in July 2011, following the issuance of a commercial banking licence by the Bank of Tanzania, the country's central bank and national banking regulator. Its headquarters and main branch are located in Dar es Salaam, the national capital and largest city in the country. Ownership , FNBT stock is 100% owned by the FirstRand Group, a large financial services provider, based in South Africa, with subsidiaries in about 10 sub-Saharan countries, as well as in Australia and India. The stock of the group is listed on the Johannesburg Securities Exchange (JSE), where it trades under the symbol: FSR. In July 2022, First National Bank of Tanzania was acquired by Exim Ba ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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South Africa
South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring countries of Namibia, Botswana, and Zimbabwe; and to the east and northeast by Mozambique and Eswatini. It also completely enclaves the country Lesotho. It is the southernmost country on the mainland of the Old World, and the second-most populous country located entirely south of the equator, after Tanzania. South Africa is a biodiversity hotspot, with unique biomes, plant and animal life. With over 60 million people, the country is the world's 24th-most populous nation and covers an area of . South Africa has three capital cities, with the executive, judicial and legislative branches of government based in Pretoria, Bloemfontein, and Cape Town respectively. The largest city is Johannesburg. About 80% of the population are Black South Afri ...
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FirstRand
FirstRand Limited, also referred to as FirstRand Group is the holding company of FirstRand Bank, and is a financial services provider in South Africa. It is one of the financial services providers licensed by the Reserve Bank of South Africa, the national banking regulator. Overview Listed on the JSE and the Namibian Stock Exchange, FirstRand Limited is one of the largest financial institutions in South Africa, and provides banking, insurance and investment products and services to retail, commercial, corporate and public sector customers. In addition to South Africa, the group operates in eight key African countries, namely, Botswana, Namibia, Swaziland, Lesotho, Zambia, Mozambique, Tanzania, Ghana and Nigeria. FirstRand Bank has branches in London, Guernsey and India. FirstRand executes its strategy through a portfolio of leading financial services franchises; Rand Merchant Bank (RMB), the corporate and investment bank; First National Bank (FNB), the retail and commercial b ...
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List Of Banks In Tanzania
This is a list of banks in Tanzania whether licensed commercial banks, community banks, microfinance banks, mortgage banks or development banks. Commercial banks # Absa Bank Tanzania # AccessBank Tanzania # Akiba Commercial Bank # Amana Bank # Azania Bank # Bank of Africa Tanzania Limited # Bank of Baroda Tanzania Limited # Bank of India (Tanzania) # Canara Bank Tanzania Limited # China Dasheng Bank Limited # Citibank Tanzania # CRDB Bank # DCB Commercial Bank # Diamond Trust Bank Tanzania # Ecobank Tanzania # Equity Bank (Tanzania) # Exim Bank (Tanzania) # Guaranty Trust Bank (Tanzania) Limited Habib African Bank# I&M Bank (Tanzania) # International Commercial Bank Tanzania # KCB Bank Tanzania # Letshego Bank Tanzania # Mkombozi Commercial Bank # Mwalimu Commercial Bank # National Bank of Commerce (Tanzania) # National Microfinance Bank # NCBA Bank Tanzania # People's Bank of Zanzibar # Stanbic Bank Tanzania Limited # Standard Chartered Bank Tanzania # Ta ...
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Dodoma
Dodoma ( in Gogo), officially Dodoma City, is the national capital of Tanzania and the capital of the Dodoma Region, with a population of 410,956. In 1974, the Tanzanian government announced that the capital would be moved to Dodoma for social and economic reasons and to centralise the capital within the country. It became the official capital in 1996. Much of the initial design did not come to fruition for a long time. As a result, Dar es Salaam remains the commercial capital of Tanzania and still retains the state house Ikulu, and a large number of government functions. Geography Located in the centre of the country, the town is west of the former capital at Dar es Salaam and south of Arusha, the headquarters of the East African Community. It is north of Iringa through Mtera. It is also west of Morogoro. It covers an area of of which is urbanized. History Originally a small market town known as Idodomya, the modern Dodoma was founded in 1907 by German colonists during ...
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Mbeya
Mbeya is a city located in south west Tanzania, Africa. Mbeya's urban population is 620,000 according to the 2022 census. Mbeya is the capital of the surrounding rural Mbeya region (population, with Mbeya, totals approx. 2 million). Mbeya is situated at an altitude of 1,700 metres (5,500 ft), and sprawls through a narrow highland valley surrounded by a bowl of high mountains. The main language is colloquial Swahili, and the English language is extensively taught in schools. History Following the 1906 gold rush, Mbeya was founded as a gold mining town in the 1920s. The TAZARA railway later attracting farming migrants and small entrepreneurs to the area. Mbeya and its district were administered by the British until 1961. Mbeya Region was created in 1961. Mbeya City is now a growing metropolis and business centre for the southern regions and the neighbouring countries of Malawi, Zambia and Congo. The city is well connected with an all-weather road that forms part of the "Grea ...
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Mwanza
Mwanza City, also known as Rock City to the residents, is a port city and capital of Mwanza Region on the southern shore of Lake Victoria in north-western Tanzania. With an urban population of 1,182,000 in 2021, it is Tanzania's second largest city, after Dar es Salaam. It is also the second largest city in the Lake Victoria basin after Kampala, Uganda and ahead of Kisumu, Kenya at least in population size. Within the East African community, Mwanza city is the fifth largest city after Dar, Nairobi, Mombasa, and Kampala. It is slightly ahead of Kigali, Kisumu, and Bujumbura in the population of city proper limits. However, in terms of infrastructure, Kigali and Kisumu cities are way ahead of Mwanza. Mwanza city is also the capital city of Mwanza Region, and is administratively divided into two municipal districts within that Region - Ilemela and Nyamagana. Ethnicity The Sukuma constitute over 90 percent of the population of the Mwanza Region. Other ethnic groups in the region, in ...
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Arusha
Arusha City is a Tanzanian city and the regional capital of the Arusha Region, with a population of 416,442 plus 323,198 in the surrounding Arusha District Council (2012 census). Located below Mount Meru on the eastern edge of the eastern branch of the Great Rift Valley, Arusha City has a temperate climate. The city is close to the Serengeti National Park, the Ngorongoro Conservation Area, Lake Manyara National Park, Olduvai Gorge, Tarangire National Park, Mount Kilimanjaro, and Mount Meru in the Arusha National Park. The city is a major international diplomatic hub. It hosts the African Court of the African Union and is the capital of the East African Community. From 1994 to 2015, the city also hosted the International Criminal Tribunal for Rwanda, but that entity has ceased operations. It is a multicultural city with a majority Tanzanian population of mixed backgrounds: indigenous African, Arab-Tanzanian and Indian-Tanzanian population, plus a small European and North Am ...
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AllAfrica
AllAfrica is a website that aggregates news produced primarily on the African continent about all areas of African life, politics, issues and culture. It is available in both English and French and produced by AllAfrica Global Media, which has offices in Cape Town, Dakar, Lagos, Monrovia, Nairobi, and Washington, D.C. AllAfrica is the successor to the African News Service. Its stories can be displayed by categories and subcategories such as country, region, and by news topic. In 2008, AllAfrica rolled out a comment board system. The President of AllAfrica Global Media, Amadou Mahtar Ba, is a member of the International Advisory Board International is an adjective (also used as a noun) meaning "between nations". International may also refer to: Music Albums * ''International'' (Kevin Michael album), 2011 * ''International'' (New Order album), 2002 * ''International'' (The T ... of the African Press Organization. References External links * ReliefWeb archives of AllAf ...
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Tanzania Daily News
The ''Daily News'' is an English-language newspaper in Tanzania, the second-largest economy in the East African Community. History The ''Daily News'' was the result of a forced merger of two papers. ''The Standard'' was first published as the ''Tanganyika Standard'' in January 1930 by the Tanganyikan East African Standard Limited. In 1967, it was taken over by a multinational London-Rhodesian Company (LONRHO). After the creation of Tanzania in 1964, the newspaper became known simply as ''The Standard''. On 5 February 1970, ''The Standard'' was nationalised by the Tanzanian government. ''The Nationalist'' was first published on 17 April 1964, as a government-owned daily, and struggled to compete with ''The Standard''. On 16 January 1972, the Tanganyikan African National Union (TANU), the ruling party, decided to end the rivalry between the papers and forced a merger. The new paper, ''Daily News'' was first published on 26 April 1972. The company which publishes the newspaper r ...
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Exim Bank (Tanzania)
Exim Bank (Tanzania) (EBT), is a commercial bank in Tanzania, the second-largest economy in the East African Community. The bank is licensed by the Bank of Tanzania, which is the country's central bank and national banking regulator. Overview EBT is a large banking institution, providing commercial banking services to individuals, small-to-medium-sized businesses (SMEs), and large corporate clients. , according to its annual report, published on the bank's website, the bank's total assets were valued at TSh 1.372 trillion (US$590.3 million), assuming an exchange rate of per US dollar, with shareholders' equity of TSh 170.843 billion (US$73.6 million). The Exim Bank Group was the fifth largest commercial bank group in the country, by assets, as of April 2014. By June 2016, the bank's total assets had grown to TSh 1.5 trillion (approx. US$700.8 million). Following the acquisition of the business and assets of United Bank Tanzania Lim ...
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Johannesburg Securities Exchange
JSE Limited (previously the JSE Securities Exchange and the Johannesburg Stock Exchange) is the largest stock exchange in Africa. It is located in Sandton, Johannesburg, South Africa, after it moved from downtown Johannesburg in 2000. In 2003 the JSE had an estimated 473 listed companies and a market capitalisation of US$182.6 billion (€158 billion), as well as an average monthly traded value of US$6.399 billion (€5.5 billion). As of March 2022, the market capitalisation of the JSE was at US$1.36 trillion. History The discovery of gold on the Witwatersrand in 1886 led to many mining and financial companies opening and a need soon arose for a stock exchange. The first share transactions on the Rand took place in a rustic canvas tent, with trade taking place on Sundays, as this was the only day when mining was not allowed, owing to a strictly enforced regulation prohibiting the entry of African workers to the gold reefs. The ''Johannesburg Exchange & Chambers Company'' was ...
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