|
National Bank Of Commerce (Tanzania)
National Bank of Commerce (Tanzania), whose full name is National Bank of Commerce (Tanzania) Limited, sometimes referred to as NBC (Tanzania), or as NBC (Tanzania) Limited, is a commercial bank in Tanzania. It is one of the commercial banks licensed by the Bank of Tanzania, the country's central bank and the national banking regulator. In August 2019, the bank was fined TSh 1 billion (US$435,000) because of the failure to establish a data center in the East African nation. Location The headquarters of the bank and its main branch are located along Sokoine Drive, in Dar es Salaam, Tanzania's financial capital and largest city. The geographical coordinates of the bank's headquarters are: 06°49'04.0"S, 39°17'24.0"E (Latitude:-6.817778; Longitude:39.290000) Overview It is one of the oldest banks in the country tracing its roots to as far back as Tanzanian independence. At the end of the year in 2015, the bank had an asset base of over US$773 million (TSh 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Tanzania
The Bank of Tanzania ( sw, Benki Kuu ya Tanzania) is the central bank of the United Republic of Tanzania. It is responsible for issuing the national currency, the Tanzanian shilling. The bank was established under the Bank of Tanzania Act 1965. However, in 1995, the government decided that the central bank had too many responsibilities, and was thus hindering its other objectives. As a result, the government introduced the Bank of Tanzania Act 1995, which gave the bank the single objective of monetary policy. It is governed by a board of directors consisting of ten people, four of whom are ''ex officio'' members which have three advisory committees that can assist them. The bank is headed by its Governor, assisted by three deputy governors in Administration, Economic and financial policies and Financial stability. History The Bank of Tanzania was chartered by the first parliament of Tanzania through the Bank of Tanzania Act of 1965 following the dissolution of the East Afric ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The EastAfrican
''The EastAfrican'' is a weekly newspaper published in Kenya by the Nation Media Group, which also publishes Kenya's national '' Daily Nation''. The ''EastAfrican'' is circulated in Kenya and the other countries of the African Great Lakes The African Great Lakes ( sw, Maziwa Makuu; rw, Ibiyaga bigari) are a series of lakes constituting the part of the Rift Valley lakes in and around the East African Rift. They include Lake Victoria, the second-largest fresh water lake in th ... region, including Tanzania, Uganda and Rwanda. It contains stories and in-depth analysis from each country in the region, in addition to international stories. External links The ''EastAfrican'' Newspapers published in Kenya Nation Media Group Publications with year of establishment missing {{kenya-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barclays Bank Tanzania
Absa Bank Tanzania Limited (ABT), formerly Barclays Bank Tanzania Limited, is a commercial bank in Tanzania and a subsidiary of South Africa-based Absa Group Limited. ABT is licensed by the Bank of Tanzania, the country's central bank and national banking regulator. Location The headquarters and main branch of Barclays Bank of Tanzania Limited are located in Barclays House, along Ohio Street, in the city of Dar es Salaam, the financial capital and largest city of Tanzania. The geographical coordinates of the bank's headquarters are: 06°48'40.0"S, 39°17'12.0"E (Latitude:-6.811111; Longitude:39.286667). Overview BBT is a large financial services provider in Tanzanian, serving large corporations, small-to-medium enterprises, and individuals. , its total assets were valued at about TSh 634.34 billion (US$382 million). , BBT had 87,000 customers and 42 automated teller machines, and maintained 24 networked branches. History ABT was established in Tanzania in 1925. In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Bank Group
The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Group. The bank is headquartered in Washington, D.C. in the United States. It provided around $98.83 billion in loans and assistance to "developing" and transition countries in the 2021 fiscal year. The bank's stated mission is to achieve the twin goals of ending extreme poverty and building shared prosperity.The World Bank, Press release: "World Bank Group Commitments Rise Sharply in FY14 Amid Organizational Change"July 1 2014, http://www.worldbank.org/en/news/press-release/2014/07/01/world-bank-group-commitments-rise-sharply-in-fy14-amid-organizational-change/ref> Total lending as of 2015 for the last 10 years through Development Policy Financing was approximately $117 billion. Its five organizations are the International Bank for Reconstruc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Finance Corporation
The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries. The IFC is a member of the World Bank Group and is headquartered in Washington, D.C. in the United States. It was established in 1956, as the private-sector arm of the World Bank Group, to advance economic development by investing in for-profit and commercial projects for poverty reduction and promoting development. The IFC's stated aim is to create opportunities for people to escape poverty and achieve better living standards by mobilizing financial resources for private enterprise, promoting accessible and competitive markets, supporting businesses and other private-sector entities, and creating jobs and delivering necessary services to those who are poverty stricken or otherwise vulnerable. Since 2009, the IFC has focused on a set of development goals that it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Absa Group Limited
Absa Group Limited (ABGL; formerly Barclays Africa Group Limited), and originally Amalgamated Banks of South Africa, is a South African-based financial services group, offering personal and business banking, credit cards, corporate and investment banking, wealth and investment management, as well as bank assurance. ABGL in 2020 was the majority shareholder of 11 banks located in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania (two entities), Uganda and Zambia. The group maintains representative offices in Namibia and Nigeria and also has an international office in London and New York City. As of October 2019, Absa Group Limited had assets of US$91 billion. History Barclays Africa Limited (1991-2017) Absa was founded in 1991 through the merger of financial service providers United Bank (South Africa), the Allied Bank (Souths of the Sage Group. The following year, Absa acquired the entire shareholding of the Bankorp Group which included ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of Tanzania
The politics of Tanzania takes place in a framework of a unitary presidential democratic republic, whereby the President of Tanzania is both head of state and head of government, and of a multi-party system. Executive power is exercised by the government. Legislative power is vested in both the government and parliament. The party system is dominated by the Chama Cha Mapinduzi (''Revolutionary State Party''). The Judiciary is independent of the executive and the legislature. Political conditions Full independence came in December 1961 and Julius Kambarage Nyerere (1922–1999), a socialist leader who led Tanganyika from colonial rule, was elected President in 1961. One of Africa’s most respected figures, Julius Nyerere was seen as a politician of principle and intelligence. Known as ''Mwalimu'' (teacher), he proposed a widely acclaimed vision of education. From independence in 1961 until the mid-1980s, Tanzania was a one-party state, with a socialist model of economic d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Citizen (Tanzania)
Mwananchi Communications Ltd is a company based in Tanzania. Mwananchi Communications Ltd, engages in the print media and digital media, and is the publisher of Tanzania's leading daily newspaper, '' Mwananchi'' (in Swahili), and others such as ''The Citizen'', ''Sunday Citizen'', '' Mwananchi Jumapili'', Mwananchi Scoop and '' Mwanaspoti''. The executive editor is Victor Mushi and the ''Mwananchi'' daily managing editor is Joseph Nyabukika. Michael Momburi heads ''Mwanaspoti'' in Tanzania and Kenya. Sanga, a former Managing Editor is regarded as the sports journalism guru in the region. His influence in sports led Kenyan media to start sports newspapers, such as ''Sports On'' and ''Game Yetu''. Mpoki Thomson is the Managing Editor of ''The Citizen Daily and Sunday Citizen'', which have contributed much to socio-economic changes in Tanzania and in the region as well. Upon his appointment to the Managing Editor role in January 2021, he became the youngest editor to hold such a pos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FBME Bank
FBME Bank was an international commercial bank. It offered commercial banking services and products to corporate and individual clients. Its traditional banking lines included international payment services, multi-currency account, credit facilities, trade finance, forex trading facilities, internet banking and international card services. FBME serviced clients worldwide. , FBME was the largest commercial bank in Tanzania, with a total asset base valued at approximately TSh 4.4 trillion (US$2.716 billion), with shareholders' equity of approximately TSh 291 billion (US$179.63 million). History The bank was founded in 1952 in Lebanon, as the Federal Bank of Lebanon SAL. In 1982 Federal Bank of the Middle East was established in Cyprus as a subsidiary of the Federal Bank of Lebanon SAL. In 1986 Federal Bank of the Middle East changed its country of incorporation to the Cayman Islands and its banking presence in Cyprus was transformed to that of a branch of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CRDB Bank
CRDB Bank Plc is a commercial bank in Tanzania. It is licensed by the Bank of Tanzania, the central bank and national banking regulator. As of 31 December. 2018, the bank was reporting Total Assets of TSh 8 billion and Total Deposits of TSh 6 billion. Background CRDB Bank Plc is the largest, wholly owned private universal bank in Tanzania. The Bank was established in 1996 as a result of the Tanzanian Government privatization of state-owned firms. The major shareholders of the Bank are Denmark Government-sponsored fund and leading Tanzania pension funds. The bank listed on the Dar es Salaam Stock Exchange in 2009 and as of December 2019, there are over 30,000 shareholders of the bank. Location The headquarters is located at Palm Beach, Upanga East, Ally Hassan Mwinyi Road in Dar es Salaam, the financial capital and largest city in Tanzania. The geographical coordinates of the bank's headquarters at Latitude:-6.799562, Longitude:39.28344. Ownership CRDB Bank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
