Battle: Dar es Salaam vs Nairobi

[Teargass]

reaching tier 1 and market share of less than 4%, what does that say about KCB Bank?

It says that KCB is the sixth biggest bank in Tanzania. Mid next year itapanda Hadi top 3.

 

[tuusan]

It says that KCB is the sixth biggest bank in Tanzania. Mid next year itapanda Hadi top 3.

We microbiologist unapitishia salary yako kcb bank?

 

[chongchung]

Inapendeza sana hata GGM 99% unaendeshwa na Watanzania, kuna kichaa mmoja huwa anasema Amazon, Facebook na Google imefanya Wakunya kuwa na mishahara mikubwa 😂😂😂
Huwa ananichekesha mno!

 

[chongchung]

Blue Coast kashinda tender ya kubeba wafanyakazi wa mgodi wa GGM Geita, anatakiwa kuwa na bus za aina hii 30 ili kubeba wafanyakazi wa mgodini kutoka nyumbani kwenda kazini everyday

Ameingiza nusu ya buses 30 nyingine zipo kwenye meli ndani ya wiki 2 zitatia nanga.

 

[babayao255]

Inapendeza sana hata GGM 99% unaendeshwa na Watanzania, kuna kichaa mmoja huwa anasema Amazon, Facebook na Google imefanya Wakunya kuwa na mishahara mikubwa
Huwa ananichekesha mno!

Wakunya ni walinzi na wafanya usafi.

 

[chongchung]

Wakunya ni walinzi na wafanya usafi.

😂😂😂 Hawa watu wapumbavu mno

Idadi ya Watanzania wanaoendesha migodi mikubwa nchini ni mara 10 ya wafanyakazi wao waliopo kwenye hayo mashirika makubwa wanayojitapa nayo na kama wanataka niwadhibitishie kitaalam waseme

Uongozi wa mgodi wa Shanta Mining Singida 99% ni Watanzania, hawa wanachukua mishahara kunyaland bado hawajaishuhudia

 

[Fundi kitasa]

Eti diani best beach in africa for 5 consecutive years ila wakenya mlikua mnatembelea nyota yetu nyie wapumbavu

 

[Simon]

 

[Ngokongosha]

1. SGR Tanzania kuna TV with 2 screens front and back, kwenye garimoshi ya Kunyaland hamna TV!
2. SGR Tanzania kuna armrest SGR Kunyaland hamna!
3. SGR Tanzania pia kila seat ina kameza cha kula kwa nyuma ukiacha meza katikati kwa seats zinazoangaliana na pia bottle hanger wakati SGR Kunyaland ina meza katikati tu!
4. Madirisha ya coaches za SGR Tanzania yako wide, sealed (meaning ndani full kiyoyozi) na yana modern drop down window shades, SGR Kunyaland kuna pazia la kitambaa!
5. SGR Tanzania ina first aid and safety kits enclosed in a shattered glass Kunyaland linyundo la safety kit linaning'inia wakati first aid kit haionekani!
6. SGR Tanzania ina automatic sliding transparent glass doors with sensors at both ends of the coaches wakati SGR Kunyaland ina manual metal door with glass window!

vs

MY TAKE
Wakunya wacheni kujidanganya! As far as amenities and comfortability are concerned, SGR Tanzania coaches beat by far SGR Kunyaland coaches!

Picha ya mwisho nimeona kumbe kweli dirisha zao zinafunguka ingawa sio zote.
😂😂😂

 

[babayao255]

Hawa watu wapumbavu mno

Idadi ya Watanzania wanaoendesha migodi mikubwa nchini ni mara 10 ya wafanyakazi wao waliopo kwenye hayo mashirika makubwa wanayojitapa nayo na kama wanataka niwadhibitishie kitaalam waseme

Uongozi wa mgodi wa Shanta Mining Singida 99% ni Watanzania, hawa wanachukua mishahara kunyaland bado hawajaishuhudia

Wanapenda sifa za kijinga akili hawana wakunya.

 

[Ngokongosha]

Halafu kwetu kuna kitu una-press button! Nangoja vyoo nifanye comparison! 🤣🤣

Nashangaa wanacheka nini, behewa zetu ni nzuri mno kulinganisha na zao, angalia hata comfortability ya viti.
Na kuna baadhi yana sehemu za wheelchair nk.

 

[Ngokongosha]

Hapo sawa, interior ya hiyo yenu is dope, I accept. Kunna arm rest in Kenya's depending na coach, third class haina, it has comfort.., naona kuna zenye open windows, when I used it from Mombasa to Nai the coach I was in there was no opening window only AC., na beer kwa wingi..,
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So your second class is no where near our third/economy class.

Ila hapo dirisha wazi nacheka kweli hapa nilipo🤣🤣🤣🤣

 

[Munjombe]

Kenyan banks struggle to grow in Tanzania​

FRIDAY JULY 08 2022

A customer is served at a Kenya Commercial Bank branch. FILE PHOTO | NMG

Kenyan banks are struggling for market share in Tanzania despite a decade-plus presence in the country, underlining the challenges Kenyan businesses face in that market.

Equity Group, KCB and DTB hold a market share of less than four percent each in Tanzania, in contrast to shares of between five and 24 percent in other jurisdictions such as Uganda and the Democratic Republic of Congo (DRC).

Equity, which is the biggest lender in Kenya by assets and earnings, says in its latest annual report that it held a market share of just 1.7 percent in the Tanzanian market by the end of 2020.

KCB’s Tanzania market share in the period stood at 2.1 percent, and DTB’s at 3.8 percent.

Equity’s Tanzania unit has in the past suffered under the weight of high non-performing loans. It was also negatively affected by the Covid-19 pandemic and the government’s decision to shift to Dodoma from Dar es Salaam, where most of the bank’s branches are situated, which resulted in a loss of State-related business.

The bank, however, said in its 2021 full-year briefing in March that it is confident of a turnaround, saying it is reviewing its leadership and business model for the unit, and that the operating environment has improved post-Covid.

In other East African countries, the Kenyan banks enjoy a larger share of the market, the biggest being Equity’s DRC subsidiary at 24.7 percent, where it trades as EquityBCDC and is the second-largest lender in that country by market share.

In Rwanda, KCB is now the second-largest lender with a market share of 17 percent, behind Bank of Kigali at 37.5 percent, while I&M and Equity are the third and fourth-largest lenders respectively with market shares of 11.3 and 11 percent,

In Uganda, Equity and DTB account for 6.9 percent and five percent of the market respectively.

Kenyan lenders have partly relied on acquisitions to drive market share growth, such as Equity’s takeover of BCDC in the DRC and KCB’s acquisition of Banque Populaire du Rwanda Plc (BPR).

Equity and KCB have however recently failed in proposed acquisitions in Tanzania after they walked away from proposed deals to acquire BancABC Tanzania from Atlas Mara in 2020 and 2021 respectively.

cmwaniki@ke.nationmedia.com

Kenyan banks struggle to grow in Tanzania

Kenyan banks are struggling for market share in Tanzania despite a decade-plus presence in the country.

www.businessdailyafrica.com

KCB acquisition of Tanzanian bank flops​

THURSDAY DECEMBER 02 2021​

KCB Bank branch in Kenya. KCB Group has cancelled its plan to acquire a Tanzanian lender from London-listed Atlas Mara Limited. PHOTO | FILE | NMG

Summary​

• KCB terminates acquisition of African Banking Corporation Tanzania citing regulatory approval hurdles.
• Lender says it will explore other opportunities to expand its African presence.

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By BRIAN NGUGI
More by this Author

KCB Group has cancelled its plan to acquire a Tanzanian lender from London-listed Atlas Mara Limited, citing regulatory hurdles.

KCB in late November 2020 announced that it would acquire 62.06 percent stake in Banque Populaire Du Rwanda (BPR) and 100 percent stake in African Banking Corporation Tanzania Limited (BancABC).

The lender, which already has a presence in the two markets, signed a share purchase agreement Atlas Mara and gave itself a six-month timeline to complete the deal.

Read: KCB completes acquisition of Rwandan bank

The transaction would be settled in cash with $32 million being incurred on BPR and $8 million on BancABC. The actual cash consideration payable by KCB would, however, be determined based on the final book value of the two banks at the completion of the transactions.

The Kenyan multinational lender, with a presence in five East African markets, said the acquisitions reflected its expansion strategy in the regional market.

“As announced, completion of the transaction was subject to certain conditions...including receipt of all regulatory approvals. As of the date hereof, certain regulatory approvals have not been received within the prescribed timeframe specified in the Agreement,” said KCB in a regulatory notice to shareholders on Tuesday.

“As a result, without further agreement by the parties to extend the long-stop date, the agreement has been terminated and, accordingly, the parties will not proceed to complete the transaction as previously envisaged.”

KCB completed the purchase of the Rwandan bank in August, acquiring a 76 percent stake in BPR from Atlas Mara (62 percent) and private equity firm Arise (14 percent). It plans to acquire the remaining 24 percent stake owned by other minority investors.

KCB had inked the deal with Mara months after Equity Bank Group called off its plan to acquire four banking subsidiaries from Atlas Mara, saying it needed to preserve its capital in the wake of the Covid-19 pandemic.

The parties had initiated talks in April 2019, but the negotiations targeting Atlas Mara’s units in Rwanda, Zambia, Tanzania and Mozambique dragged on until the pandemic hit.

Atlas Mara is selling its African banks to KCB and other lenders to raise funds to pay its creditors, some of whom had launched liquidation proceedings against the multinational that was the brainchild of former Barclays Plc ’s chief executive Bob Diamond.

Big banks led by Equity, KCB, and I&M and DTB have been deepening and expanding their presence in the region in pursuit of growth and diversification.

KCB says it will explore other opportunities “in order to enhance our regional participation, accelerate our growth and maintain sustainable long-term African success in line with our expansion and growth strategy.”

KCB acquisition of Tanzanian bank flops

KCB terminates acquisition of African Banking Corporation Tanzania citing regulatory approval hurdles.

www.theeastafrican.co.ke

Lazima wastruggle kwa kuwa wapo kwenye majiji tu machache ili hali uchumi wa tz sio kama Kenya ambako Nairobi ndio imebeba uchumi wote au Rwanda Kigali,Uganda Kampala.Tz uchumi umesambaa ndio maana miji yetu inakua kwa pamoja.NBC,CRDB,NMB wako nchi nzima

 

[chongchung]

So your second class is no where near our third/economy class.

Ila hapo dirisha wazi nacheka kweli hapa nilipo🤣🤣🤣🤣

First class hakuna AC full vumbi supply condition system 😂😂😂

 

[Sama boy 255]

Mpango wa TBA kuboresha Magomeni kota.. gorofa zinajengwa Migomigo, and mind you hii ni miradi tofauti na ile ya NHC.. CCM bhana wanajua hawa jamaa💥💥 .

 

[Teargass]

Kenyans own Tanzania in every sector.

 

[Sama boy 255]

Kenyans own Tanzania in every sector.

View attachment 2401332

Kwahiyo unataka kusema hii Kibo seed ni ya wakenya au.? 🤣

 

[chongchung]

Hivi kunyaland wana jengo lolote la maana lililojengwa na Wakunya wenyewe? Wakunya mnaweza kujenga mji wa kisasa hivi from the scratch kwa kutumia akili zenu?

 

[Teargass]

Kwahiyo unataka kusema hii Kibo seed ni ya wakenya au.? 🤣

Kibo is owned by a Kenyan company.

 

[Sama boy 255]

Kibo is owned by a Kenyan company.

Wacha uongo we jamaa, na futa hii takataka yako kabla sijakuumbua 🤣🤣.. jina Kibo lisikudanganye kondoo mnuka Mavi wewe