Naton Jr
JF-Expert Member
- Oct 5, 2016
- 7,866
- 19,252
Hivyo vi County vyenu Tanzania ni wilaya.Intercounty ni mikoani
Woii..mkoa mmoja haupungui km county sita hivi
Battle: Dar es Salaam vs Nairobi
Battle: Dar es Salaam vs Nairobi
komora096
JF-Expert Member
- Sep 26, 2018
- 20,548
- 5,647
Haha!!county ile ya mwisho kabisa iko na km maeneo bunge yasiyopungua matatu..
Sasa hvyo vi wilaya vyenu hku ni sawa na dision zetu
komora096
JF-Expert Member
- Sep 26, 2018
- 20,548
- 5,647
Baada ya kula KO za kutosha sasa umeamua kua chiziHivi bado mna debate na washinda giza kuhusu access to the electricity?
Live night satellite map kwa hewaView attachment 1601618
Soma map hiyo, yaani maeneo yasiowaka Tanzania ni game reserves tu, Kenya ni asilimia 90% Hakuna umeme, umeme upo Nairobi tu
View attachment 1601619
Naton Jr
JF-Expert Member
- Oct 5, 2016
- 7,866
- 19,252
hii 250$ million ni gawio kwa serikali tu kutoka Twiga minerals Cooperation, unajua net income ya company nzima? Bado migodi mingine hapo sijaitaja!#Kenya ni Uchumi wa kwenye makaratasi!
Kenyan Companies Dominates the List of the Companies With the Highest Net Income in the Region
Kevin.n
Oct 16, 2020 3:09 PM
Kenya is among the few countries in Africa where investment highly flourishes hence leads to flocking of investors ( both international and local ) into the country especially to it's capital city Nairobi which is an economic hub not only in the country but also the whole of East and central Africa.
Most of Kenyan companies ( about 70% ) are due to investment from local and international investors which contributes greatly in the country's economy though agriculture is still the country's economy backbone.
From the latest rankings of the top 15 companies with the highest net income (US $M) in East Africa region done by Africa Full Facts, Kenya dominates the list where 12 out of the top 15 companies are from Kenya.
Here are the rankings of the companies;
1. Safaricom PLC, Kenya, $598m
2. KCB Group, kenya, $238m
3. Equity Group Holdings, kenya, $211m
4. Co-operative Bank of Kenya, Kenya, $135m
5. East Africa Breweries, Kenya, $84m
6. Standard chartered Kenya, kenya, $78m
7. I & M Holdings, Kenya, $75m
8. KenGen, Kenya , $74m
9. NMB Bank, Tanzania, $65m
10. Diamond Trust Kenya, Kenya, $64m
11. Stanbic Bank, Uganda, $57m
12. NCBA, kenya, $54m
13. Vodacom Tanzania, Tanzania, $39m
14. British America Tobacco, Kenya, $37m
15. Jubilee Holdings, Kenya, $36m.
Naton Jr
JF-Expert Member
- Oct 5, 2016
- 7,866
- 19,252
Hahahaha hivi wewe shenanigan wa mombasani huwa unaongea ukiwa na akili timamu kweli? 😅😅😅
Naton Jr
JF-Expert Member
- Oct 5, 2016
- 7,866
- 19,252
😅😅😅
Hizo KO kanipa nani? Wewe shenanigan wa mombasani unazidi kuvurugika taratibu
Geza Ulole
Platinum Member
- Oct 31, 2009
- 72,889
- 103,757
wanabagua makampuni ya kuyaweka! Sijaiona TBL Tanzania na CRDB pia! The highlighted red below is the net income in first 3 months! One can see NMB yearly net income is above $90 mln! How about gold collection centers across the country that net income is above $150 mln?
Tanzania's top banks’ profit rise in first quarter despite Covid-19
TUESDAY MAY 19 2020
In Summary
- The ten banks with at least Sh1 trillion in assets which were analysed included CRDB Bank, NMB Bank, National Bank of Commerce (NBC), Stanbic Bank, Standard Chartered, Absa, Diamond Trust Bank, Exim Bank, Azania Bank and Citi Bank.
Dar es Salaam. Tanzania’s big banks increased profitability in the first three months of 2020 despite Covid-19 slashing their foreign exchange earnings.
The total profit for the ten largest banks increased to Sh109.2 billion at the end of March this year compared with Sh87.66 billion the lenders registered in the same period of 2019, according to their quarterly financial statements.
The ten banks with at least Sh1 trillion in assets which were analysed included CRDB Bank, NMB Bank, National Bank of Commerce (NBC), Stanbic Bank, Standard Chartered, Absa, Diamond Trust Bank, Exim Bank, Azania Bank and Citi Bank.
Although the total profitability improved, individual banks per-formed differently, with most of the increase contributed by the two largest banks NMB and CRDB.NMB Bank more than doubled its quarterly profit after tax from Sh20.2 billion to Sh48.7 billion during the same period.
The bank attributed the 141 percent increase to improved credit to the private sector that extended from fourth quarter of 2019 to the first quarter.
“The Bank has also continued to monitor its operating costs appropriately reducing its cost to income ratio to 53 percent by end of Q1, 2020 and sustained efforts and focus on ensuring a quality loan book,” said NMB acting managing director Ruth Zaipuna.
However, she raised concern over what she anticipates as increased impairment pressure on the loan book following the ongoing Covid-19 but said the management was taking measures to contain the anticipated challenge.
On the other hand, CRDB Bank improved its quarterly profit from Sh29.7 billion to Sh31.1 billion after net interest income improved.
The bank’s net interest income increased from Sh119.78 billion in the first three months of last year to Sh132.08 billion during the first quarter of 2020. Standard Chartered Bank Tanzania also increased its profit from Sh8.8 billion to Sh10.2 billion during the period under review.
Azania Bank had the highest rate of profit improvement from Sh460 million in the first quarter of 2019 to Sh5 billion in the first quarter of 2020.
This was about 986 percent improvement in the profitability powered by commissions and fees which also increased from Sh1.5 billion to Sh5.1 billion. NBC, Stanbic, DTB, Absa, Citi Bank and Exim were all profitable but their levels of profits had shrunk during the period.
The banks’ reports indicate that foreign exchange earnings also reduced significantly as Covid-19 have disrupted travel and tourism activities across the globe.
The slowing of the foreign currency earning is seen as affecting the profitability of the banks this year.
“The forex earnings are likely to show even further drop in the second quarter reports and thus nega-tively impacting the profitability of banks.
The negative impact will likely extend to third quarter as well if the pandemic persists. Actually the second quarter is likely to be worse than the first quarter if the banks won’t change their strategy,” said Christopher Makombe, an independent financial market consultant and forex trading coach.
He said the banks should now start thinking to shift the focus to inter-national forex markets in order to maintain their revenue stream in forex earnings.
Tanzania's top banks’ profit rise in first quarter despite
Changes in gold business ‘a boon for Geita traders’
THURSDAY SEPTEMBER 17 2020
In Summary
- Small miners arrive in the room to clean the gold catch before moving to the clearing offices before selling the yellowish metal.
Geita. It’s morning hours when a group of young men squeeze in a room filled with gas cylinders, the gold smelting room at the town’s gold market.
Small miners arrive in the room to clean the gold catch before moving to the clearing offices before selling the yellowish metal.
“It’s easier nowadays to clean and sell gold in this center,” says Joseph Michael who had arrived at the smelting room to clean his gold before taking it to the market.
Both international market and local minimum prices are displayed on the wall for the sellers to know the market.
“Formerly, we used other people, most of them, smugglers. This market has brought about changes to the way gold is traded in our region,” he adds.
The Geita Gold Market, which is estimated to trade gold worth Sh1.8 billion per day, is one of the new faces emerging in the town during the last five years, which simplified the business for both miners and dealers.
“Apart from the convenience for both dealers and miners, the market has actually increased our business,” says gold dealer Kanuda Makono.
“Before the establishment of the market, I could hardly get 500 grams of gold per day, but today I collect up to 3 kilogrammes per day,” he says.
For the town council, the market surrounded by banks, shops, government offices such as immigration, mining commission and Tanzania Revenue Authority (TRA) is also a blessing as it collects fees.
“This market has not only reduced smuggling of gold,but also collected some Sh886 million from fees around the market,” says Geita Town planning officer Emmanuel Magessa.
Mr Magessa, who led a visit to other development projects implemented in the last five years under president John Magufuli said the town was seriously transforming.
Geita is home to gold mining with big companies like Geita Gold Mine, which conducts large-scale mining.
Small-scale miners are also available and recently President John Magufuli promised to allocate more areas for them if he wins his is re-elected.
Tanzania’s earnings from gold and other minerals have been on the rise during the past few years, thanks partly to rising global prices and the establishment of mineral centres.
For instance, Tanzania’s foreign exchange earnings from gold rose by close to $1 billion in just one year.
On a month-to-month basis, Tanzania earned $266.8 million in July 2020 alone from gold exports, compared to the $129.4 million that was earned in July 2019, a new report by the Bank of Tanzania (BoT) shows.
Gold exports increased by 52.8 percent during the year to July 31, 2020. The country earned $2.72 billion in the year that ended on July 31, 2020 from gold exports, up from the $1.78 billion earned in the corresponding period in 2019.
Gold officially overtook tourism as the country’s major foreign exchange earner in May, 2020.
Minerals minister Doto Biteko told The Citizen earlier this year that during the first six months of the 2019/20 fiscal year, the government collected Sh242.05 billion, compared to Sh152 billion collected the previous year.
The amount collected in the first half of this financial year is a 103 percent of the targeted Sh235 billion. He attributed the upward trend to improvement in business environment after cutting bureaucracy and cracking down on corruption.
He said the government’s decision to establish regional minerals trading centres, increased investors’ confidence as it cut red tape in the issuing of export permits.
During the visit of the ongoing and completed projects, Mr Magessa displayed five projects worth Sh25.3 billion that include the gold market.
Modern abattoir
Geita is also implementing a Sh7.2 billion modern abattoir that is expected to even process meat for exportation.
The abattoir is 95 percent complete and is expected to commence operations this October, according to Mr Magesse.
Geita town has a newly built market for small traders, a new council’s headquarters under construction and a referral hospital which started operations on September 7, 2020.
“This new hospital has brought about specialized services to the region,” says Dr Brian Mawalla who heads the health facility.
“Once completed, it will add some 428 new hospital beds on top of 250 beds that were available previously,” he adds. The projects which are expected to change the face of Geita town will complete before the end of the year, officials said.
“We really thank president Magufuli for implementing these projects which are a milestone in our region. There are many other projects like roads, water, etc., which are implemented and we are sure there will be more,” says the Geita region information officer, Mr Paul Zahoro.
Changes in gold business ‘a boon for Geita traders’
komora096
JF-Expert Member
- Sep 26, 2018
- 20,548
- 5,647
County inaongozwa na gavana plus kw usaidizi wa (MCAs)wabunge katika bunge la county linaloongozwa na spika wa county..
County pia ina wizara zake kw mfano kuna waziri wa fedha pia katika county na wengine wengi tu.
Pia vile vile county imegawanywa into sub counties ambazo ni maeneo bunge na wabunge watakaochaguliwa watayawakilisha maeneo bunge yao(sub counties) katika bunge kuu la kitaifa, senate yeye huaga anaiwakilisha county yote kw ujumla katika bunge la senti la kitaifa..
Kwhyo ukitaka ufafanuzi zaidi ni PM
Naton Jr
JF-Expert Member
- Oct 5, 2016
- 7,866
- 19,252
Sehemu 1 inapigwa pictures idadi ya degrees 360,#Kenya ni Nairobi pekee kwingine ni slums kila mahali!
Photos: The Magnificent Eldoret Neighbourhoods You Have Never Seen
Lazmusiko
Oct 13, 2020 10:51 AM
Eldoret is a town in the north rift of the republic of Kenya. Its the second largest town in the former rift valley province after Nakuru and the fifth largest town in Kenya after Nairobi, Mombasa, Kisumu and Nakuru. Its currently the headquarter of Uasin Gishu county led by his Excellency governor Jackson Mandago.
This north rift town started as an agricultural centre for the south African Boers in the early nineties. Today the small shopping centre with few shopping structures has grown drastically into a national town. Its sometimes quoted as the city of champions because some of the greatest athletes that holds world records comes from this city.
Plans are underway to elevate this town to attain a city status. Eldoret is a beautiful place with magnificent neighborhoods. Below are pictures of some of the magnificent places you can visit and feel a cool and relaxing taste of Eldoret town.
Kings square Apartment - Eldoret.
pioneer Estate - Eldoret.
Catholic University Of Eastern Africa.
Eldoret Polytechnic.
Rivatex East Africa Limited.
Elgon View Estate Eldoret.
Moi Teaching and Referral Hospital.
The Rupa Mall - Eldoret.
Naton Jr
JF-Expert Member
- Oct 5, 2016
- 7,866
- 19,252
Geita Gold Mine haipo, Simba Cement
Naton Jr
JF-Expert Member
- Oct 5, 2016
- 7,866
- 19,252
Naona umeamua uachane na mambo ya makampuni 😅
Don YF
JF-Expert Member
- May 24, 2014
- 11,111
- 10,547
Unajua Eldoret kweli wewe? Hii sio Mwanza ama Dar., ingact the picture ime feature southern parts na North, hakuna Eldoret East where kuna University of Eldoret, West where kuna Raiply, west indies, Kahoya, Rural, Roadblock estates etc. Kaka niliweka video ukashindwa kutazama., get the drone view uone kama kuna kurudia rudia sehemu. Inakuuma ukiona outside Nairobi kuna serious town, number 5., that can deal a blow to your number two fair and square😉😂😂😉😂
Don YF
JF-Expert Member
- May 24, 2014
- 11,111
- 10,547
😂😂😂😂usifanye nikuabishe kaka!., profits kaka profits weka na value mwaga list hapa! Kenya ni uchumi wa kwenye makaratasi mnavyo dai., weka yenu ya mawe!😂😂😂 Tz ni Dar na Dar ni Tz.wanabagua makampuni ya kuyaweka! Sijaiona TBL Tanzania na CRDB pia! The highlighted red below is the net income in first 3 months! One can see NMB yearly net income is above $90 mln! How about gold collection centers across the country that net income is above $200 mln?
Tanzania's top banks’ profit rise in first quarter despite Covid-19
TUESDAY MAY 19 2020
In Summary
By Alawi Masare
- The ten banks with at least Sh1 trillion in assets which were analysed included CRDB Bank, NMB Bank, National Bank of Commerce (NBC), Stanbic Bank, Standard Chartered, Absa, Diamond Trust Bank, Exim Bank, Azania Bank and Citi Bank.
Dar es Salaam. Tanzania’s big banks increased profitability in the first three months of 2020 despite Covid-19 slashing their foreign exchange earnings.
The total profit for the ten largest banks increased to Sh109.2 billion at the end of March this year compared with Sh87.66 billion the lenders registered in the same period of 2019, according to their quarterly financial statements.
The ten banks with at least Sh1 trillion in assets which were analysed included CRDB Bank, NMB Bank, National Bank of Commerce (NBC), Stanbic Bank, Standard Chartered, Absa, Diamond Trust Bank, Exim Bank, Azania Bank and Citi Bank.
Although the total profitability improved, individual banks per-formed differently, with most of the increase contributed by the two largest banks NMB and CRDB.NMB Bank more than doubled its quarterly profit after tax from Sh20.2 billion to Sh48.7 billion during the same period.
The bank attributed the 141 percent increase to improved credit to the private sector that extended from fourth quarter of 2019 to the first quarter.
“The Bank has also continued to monitor its operating costs appropriately reducing its cost to income ratio to 53 percent by end of Q1, 2020 and sustained efforts and focus on ensuring a quality loan book,” said NMB acting managing director Ruth Zaipuna.
However, she raised concern over what she anticipates as increased impairment pressure on the loan book following the ongoing Covid-19 but said the management was taking measures to contain the anticipated challenge.
On the other hand, CRDB Bank improved its quarterly profit from Sh29.7 billion to Sh31.1 billion after net interest income improved.
The bank’s net interest income increased from Sh119.78 billion in the first three months of last year to Sh132.08 billion during the first quarter of 2020. Standard Chartered Bank Tanzania also increased its profit from Sh8.8 billion to Sh10.2 billion during the period under review.
Azania Bank had the highest rate of profit improvement from Sh460 million in the first quarter of 2019 to Sh5 billion in the first quarter of 2020.
This was about 986 percent improvement in the profitability powered by commissions and fees which also increased from Sh1.5 billion to Sh5.1 billion. NBC, Stanbic, DTB, Absa, Citi Bank and Exim were all profitable but their levels of profits had shrunk during the period.
The banks’ reports indicate that foreign exchange earnings also reduced significantly as Covid-19 have disrupted travel and tourism activities across the globe.
The slowing of the foreign currency earning is seen as affecting the profitability of the banks this year.
“The forex earnings are likely to show even further drop in the second quarter reports and thus nega-tively impacting the profitability of banks.
The negative impact will likely extend to third quarter as well if the pandemic persists. Actually the second quarter is likely to be worse than the first quarter if the banks won’t change their strategy,” said Christopher Makombe, an independent financial market consultant and forex trading coach.
He said the banks should now start thinking to shift the focus to inter-national forex markets in order to maintain their revenue stream in forex earnings.
Tanzania's top banks’ profit rise in first quarter despite
Don YF
JF-Expert Member
- May 24, 2014
- 11,111
- 10,547
😂😂😂😂usifanye nikuabishe kaka!., profits kaka profits weka na value mwaga list hapa! Kenya ni uchumi wa kwenye makaratasi mnavyo dai., weka yenu ya mawe!😂😂😂 Tz ni Dar na Dar ni Tz.wanabagua makampuni ya kuyaweka! Sijaiona TBL Tanzania na CRDB pia! The highlighted red below is the net income in first 3 months! One can see NMB yearly net income is above $90 mln! How about gold collection centers across the country that net income is above $200 mln?
Tanzania's top banks’ profit rise in first quarter despite Covid-19
TUESDAY MAY 19 2020
In Summary
By Alawi Masare
- The ten banks with at least Sh1 trillion in assets which were analysed included CRDB Bank, NMB Bank, National Bank of Commerce (NBC), Stanbic Bank, Standard Chartered, Absa, Diamond Trust Bank, Exim Bank, Azania Bank and Citi Bank.
Dar es Salaam. Tanzania’s big banks increased profitability in the first three months of 2020 despite Covid-19 slashing their foreign exchange earnings.
The total profit for the ten largest banks increased to Sh109.2 billion at the end of March this year compared with Sh87.66 billion the lenders registered in the same period of 2019, according to their quarterly financial statements.
The ten banks with at least Sh1 trillion in assets which were analysed included CRDB Bank, NMB Bank, National Bank of Commerce (NBC), Stanbic Bank, Standard Chartered, Absa, Diamond Trust Bank, Exim Bank, Azania Bank and Citi Bank.
Although the total profitability improved, individual banks per-formed differently, with most of the increase contributed by the two largest banks NMB and CRDB.NMB Bank more than doubled its quarterly profit after tax from Sh20.2 billion to Sh48.7 billion during the same period.
The bank attributed the 141 percent increase to improved credit to the private sector that extended from fourth quarter of 2019 to the first quarter.
“The Bank has also continued to monitor its operating costs appropriately reducing its cost to income ratio to 53 percent by end of Q1, 2020 and sustained efforts and focus on ensuring a quality loan book,” said NMB acting managing director Ruth Zaipuna.
However, she raised concern over what she anticipates as increased impairment pressure on the loan book following the ongoing Covid-19 but said the management was taking measures to contain the anticipated challenge.
On the other hand, CRDB Bank improved its quarterly profit from Sh29.7 billion to Sh31.1 billion after net interest income improved.
The bank’s net interest income increased from Sh119.78 billion in the first three months of last year to Sh132.08 billion during the first quarter of 2020. Standard Chartered Bank Tanzania also increased its profit from Sh8.8 billion to Sh10.2 billion during the period under review.
Azania Bank had the highest rate of profit improvement from Sh460 million in the first quarter of 2019 to Sh5 billion in the first quarter of 2020.
This was about 986 percent improvement in the profitability powered by commissions and fees which also increased from Sh1.5 billion to Sh5.1 billion. NBC, Stanbic, DTB, Absa, Citi Bank and Exim were all profitable but their levels of profits had shrunk during the period.
The banks’ reports indicate that foreign exchange earnings also reduced significantly as Covid-19 have disrupted travel and tourism activities across the globe.
The slowing of the foreign currency earning is seen as affecting the profitability of the banks this year.
“The forex earnings are likely to show even further drop in the second quarter reports and thus nega-tively impacting the profitability of banks.
The negative impact will likely extend to third quarter as well if the pandemic persists. Actually the second quarter is likely to be worse than the first quarter if the banks won’t change their strategy,” said Christopher Makombe, an independent financial market consultant and forex trading coach.
He said the banks should now start thinking to shift the focus to inter-national forex markets in order to maintain their revenue stream in forex earnings.
Tanzania's top banks’ profit rise in first quarter despite
Naton Jr
JF-Expert Member
- Oct 5, 2016
- 7,866
- 19,252
Iringa typically
Geza Ulole
Platinum Member
- Oct 31, 2009
- 72,889
- 103,757
wewe falamanga ni kipofu huoni net interest income highlighted red! NMB Bank gets over $90 mln as yearly net income! While ur uchwara media indicated $65 mln! N CRDB gets over $70 mln as yearly net income! BTW where is TBL Tanzania?
Don YF
JF-Expert Member
- May 24, 2014
- 11,111
- 10,547
😂😂😂😂kiswahili tu...
Don YF
JF-Expert Member
- May 24, 2014
- 11,111
- 10,547
List them all kaka😂😂😂.,
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