CGAP Smallholder Household Survey in Tanzania Questionnaire For
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Issn 0856 – 8537 Directorate of Banking
ISSN 0856 – 8537 DIRECTORATE OF BANKING SUPERVISION ANNUAL REPORT 2017 21ST EDITION For any enquiries contact: Directorate of Banking Supervision Bank of Tanzania 2 Mirambo Street 11884 Dar Es Salaam TANZANIA Tel: +255 22 223 5482/3 Fax: +255 22 223 4194 Website: www.bot.go.tz TABLE OF CONTENTS ....................................................................................................... Page LIST OF CHARTS ........................................................................................................................... iv ABBREVIATIONS AND ACRONYMS ............................................................................................ v MESSAGE FROM THE GOVERNOR ........................................................................................... vi FOREWORD BY THE DIRECTOR OF BANKING SUPERVISION .............................................. vii CHAPTER ONE .............................................................................................................................. 1 OVERVIEW OF THE BANKING SECTOR .................................................................................... 1 1.1 Banking Institutions ................................................................................................................. 1 1.2 Branch Network ....................................................................................................................... 1 1.3 Agent Banking ........................................................................................................................ -
The United Republic of Tanzania the Economic Survey
THE UNITED REPUBLIC OF TANZANIA THE ECONOMIC SURVEY 2017 Produced by: Ministry of Finance and Planning DODOMA-TANZANIA July, 2018 Table of Contents ABBREVIATIONS AND ACRONYMS ......................................... xiii- xvii CHAPTER 1 ................................................................................................. 1 THE DOMESTIC ECONOMY .................................................................... 1 GDP Growth ............................................................................................. 1 Price Trends .............................................................................................. 7 Capital Formation ................................................................................... 35 CHAPTER 2 ............................................................................................... 37 MONEY AND FINANCIAL INSTITUTIONS ......................................... 37 Money Supply ......................................................................................... 37 The Trend of Credit to Central Government and Private Sector ............ 37 Banking Services .................................................................................... 38 Capital Markets and Securities Development ......................................... 37 Social Security Regulatory Authority (SSRA) ....................................... 39 National Social Security Fund (NSSF) ................................................... 40 GEPF Retirement Benefits Fund ........................................................... -
Amended Memorandum And
AMENDED MEMORANDUM AND ARTICLES OF ASSOCIATION OF THE TANZANIA INSTITUTE OF BANKERS INCORPORATED DAY OF 1993 AMENDED PER RESOLUTION DATED 28 SEPTEMBER 2016 Drawn By: A. H. M. Mtengeti Advocate P O Box 2939 DAR ES SALAAM THE COMPANIES ACT CAP 212 COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL AMENDMENT TO THE MEMORANDUM OF ASSOCIATION OF THE TANZANIA INSTITUTE OF BANKERS LIMITED INCORPRATION AND NATURE OF THE INSTITUTE 1. The name of the Company is “THE TANZANIA INSTITUTE OF BANKERS LIMITED” a non-profit company incorporated and existing under the laws of the United Republic of Tanzania. 2. The Registered Office of the Institute shall be situated at Dar es Salaam, in the United Republic of Tanzania. 3. The main object for which the Institute is established is to certify professionally qualified bankers in Tanzania. 4. In furtherance of the object set out in clause 3 above, the Institute shall have the following roles: i. To play a leading role as the professional body for persons engaged in the banking and financial services industry, to promote the highest standards of competence, practice and conduct among persons engaged in the banking and financial services industry, and to assist in the professional development of its Members, whether by means of examination, awards, certification or otherwise and ensure quality assurance. ii. To promote, encourage and advance knowledge and best practices in banking and financial services in all their aspects, whether conventional or Islamic, and any other products or activities as may, from time to time, be undertaken by the banks and financial institutions. -
Investment in Agricultural Mechanization in Africa
cover_I2130E.pdf 1 04/04/2011 17:45:11 AGRICULTURAL ISSN 1814-1137 AND FOOD ENGINEERING 8 AGRICULTURAL AND FOOD ENGINEERING TECHNICAL REPORT 8 TECHNICAL REPORT 8 Investment in agricultural mechanization in Africa Conclusions and recommendations of a Round Table Meeting of Experts Many African countries have economies strongly dominated by the agricultural sector and in some this generates a Investment in agricultural significant proportion of the gross domestic product. It provides employment for the majority of Africa’s people, but mechanization in Africa investment in the sector remains low. One of the keys to successful development in Asia and Latin America has been mechanization. By contrast, the use of tractors in sub-Saharan Investment in agricultural mechanization Africa Africa (SSA) has actually declined over the past fourty years Conclusions and recommendations and, compared with other world regions, their use in SSA of a Round Table Meeting of Experts today remains very limited. It is now clear that, unless some positive remedial action is taken, the situation can only worsen. In most African countries there will be more urban C dwellers than rural ones in the course of the next two to M three decades. It is critical to ensure food security for the Y entire population but feeding the increasing urban CM population cannot be assured by an agricultural system that MY is largely dominated by hand tool technology. CY In order to redress the situation, FAO, UNIDO and many CMY African experts are convinced that support is urgently needed K for renewed investment in mechanization. Furthermore, mechanization is inextricably linked with agro-industrialization, and there is a need to clarify the priorities in the context of a broader agro-industrial development strategy. -
Tanzania Financial Inclusion Products National Risk Assessment Report
The United Republic of Tanzania Ministry of Finance and Planning NATIONAL MONEY LAUNDERING AND TERRORIST FINANCING RISK ASSESSMENT FINANCIAL INCLUSION PRODUCTS RISK ASSESSMENT REPORT DECEMBER 2016 0 TABLE OF CONTENTS TABLE OF CONTENTS ...................................................................................................................................... I DECLARATION ................................................................................................................................................... II ACRONYMS ....................................................................................................................................................... III EXECUTIVE SUMMARY ................................................................................................................................... VI 1. INTRODUCTION ......................................................................................................................................... 1 1.1. BACKGROUND .............................................................................................................................................. 1 1.2. WHAT IS FINANCIAL INCLUSION? ................................................................................................................. 1 1.3. OBJECTIVES OF PRODUCTS RISK ASSESSMENT IN FINANCIAL INCLUSION ................................................ 2 1.4. TANZANIA FINANCIAL SECTOR LANDSCAPE ............................................................................................... -
The Contribution of Umoja Switch Atm's In
THE CONTRIBUTION OF UMOJA SWITCH ATM’S IN PERFORMANCE OF COMMERCIAL BANKS IN TANZANIA: A CASE OF AKIBA COMMERCIAL BANK (ACB) DAR ES SALAAM REGION By Upendo Emanuel A Research Report Submitted to Mzumbe University, Dar es Salaam Campus College in Partial Fulfillment of the Requirements for the Award of Masters Degree of Business Administration in Corporate Management. 2013 i CERTIFICATION We the undersigned certify that we have read and here by recommend for acceptance by the Mzumbe University a dissertation thesis entitled “The Contribution of Umoja Switch ATM’s in Performance of Commercial Banks in Tanzania” A Case of Akiba Commercial Bank in partial fulfillment of the requirements for award of the degree of Master of Business Administration of Mzumbe University. ……………………………………. Major Supervisor ……………………………………….. Internal Examiner Accepted for the Board of …………………………………….. _______________________________________________________________ DEAN/DIRECTOR /FACULTYL/DIRECTORATE/ SCHOOLL/BOARD i DECLARATION AND COPYRIGHT I Upendo Emanuel, declare that this thesis is my own original work and that it has not been presented and will not be presented to any other university for a similar or any other degree award Signature………………………………………… Date……………………………………………… © This Dissertation is copyright material protected under the Berne Convention, the Copyright Act 1999 and other international and national enactments, in that behalf, on intellectual property. It may not be reproduced by any means in full or in part, except for short extracts in fair dealings, for research or private study, critical scholarly review or discourse with an acknowledgement, without the written permission of Mzumbe University, on behalf of the author ii ACKNOWLEDGEMENT This work would not have been materialized at all without the dedicated willingness of my family, friends and colleagues, who contributed in one way or the other towards this achievement. -
Q4 2016 Tanzania
Q4 2016 www.bmiresearch.com TANZANIA COMMERCIAL BANKING REPORT INCLUDES 5-YEAR FORECASTS TO 2020 Published by:BMI Research Tanzania Commercial Banking Report Q4 2016 INCLUDES 5-YEAR FORECASTS TO 2020 Part of BMI’s Industry Report & Forecasts Series Published by: BMI Research Copy deadline: September 2016 ISSN: 2053-3020 BMI Research © 2016 Business Monitor International Ltd 2 Broadgate Circle All rights reserved. London EC2M 2QS All information contained in this publication is United Kingdom copyrighted in the name of Business Monitor Tel: +44 (0) 20 7248 0468 International Ltd, and as such no part of this Fax: +44 (0) 20 7248 0467 publication may be reproduced, repackaged, Email: [email protected] redistributed, resold in whole or in any part, or used Web: http://www.bmiresearch.com in any form or by any means graphic, electronic or mechanical, including photocopying, recording, taping, or by information storage or retrieval, or by any other means, without the express written consent of the publisher. DISCLAIMER All information contained in this publication has been researched and compiled from sources believed to be accurate and reliable at the time of publishing. However, in view of the natural scope for human and/or mechanical error, either at source or during production, Business Monitor International Ltd accepts no liability whatsoever for any loss or damage resulting from errors, inaccuracies or omissions affecting any part of the publication. All information is provided without warranty, and Business Monitor International Ltd makes no representation of warranty of any kind as to the accuracy or completeness of any information hereto contained. -
Exhibit 41A ~ Fbme Bank
EXHIBIT 41A ~ FBME BANK 1 28 h September 2015 Via E-mail & By Hand Ms. Chrystalla Georghadji Governor Central Bank of Cyprus 80 Kennedy Avenue Nicosia 1076 Madam, Subject: On-site inspection of FBME Bank Ltd Cyprus Branch's procedures for the prevention of money laundering and terrorist financing - The Prevention and Suppression of Money Laundering Activities Law of 2007 We have been provided a copy of the Letter (the "Letter") of the Central Bank of Cyprus (the "CBC") dated 18 September 2015, addressed to Mr Andrew Andronikou - Special Administrator of the Cyprus Branch ("Cyprus Branch" or "Branch") of FBME Bank Ltd (also referred to as "Bank"). This letter relates to the on-site inspection by the CBC with the collaboration of PriceWaterhouseCoopers, of the procedures for the prevention of money laundering and terrorist financing adopted by the Cyprus Branch of FBME Bank Ltd. The Letter covers nine subject matter areas as follows: 1. Risk Management Systems 2. Compliance Unit 3. Customer identification and due diligence procedures 4. AML IT System and Monitoring of Transactions 5. EU Regulation 1781/2006 on information on the payer accompanying transfers of funds (Electronic Funds Transfer) 6. Record Keeping 7. Staff awareness and training 8. Suspicious transaction recording 9. Internal control procedures As the CBC will hopefully agree with us, globally recognised AML principles are meant to be preventive and are aspirational in nature, and as such are constantly evolving to addressing constantly changing areas of risk. This is noted very clearly in Section 3.3 ("High level findings on the level of compliance with the Cyprus Legal Framework") of the Report by Deloitte Page 11 FBME Bank Ltd Head Off1ce FBME HOUSE, 85 Block K, Kmondom Road P 0 Box 8298 DarEs Salaam Tanzania Tel +255 22 2664761/2 Fax: +255 22 2664763 e-ma11 headoff1ce@fbme com www.fbme com Financial Advisory S.r.l. -
May 2014 in THIS ISSUE
May 2014 #access Why savings is key to the future of mobile money – Ignacio Mas Reeta Roy on building Africa from the base of the pyramid IN THIS ISSUE Innovation: the latest trends in mobile financial services Challenges in regulation – Bank of Tanzania Rural Banking Investment AB launches new Interest in African MFIs on agri-loan in Tanzania the rise IN PARTNERSHIP WITH This issue of #access was produced for the Partnership for Financial Inclusion, a joint initiative of IFC and The MasterCard Foundation to expand microfinance and advance mobile financial services in Sub-Saharan Africa. The Partnership is also supported by the Bill & Melinda Gates Foundation and the Development Bank of Austria (OeEB, Oesterreichische Entwicklungsbank AG), and collaborates with knowledge partners such as the World Bank and the Consultative Group to Assist the Poor (CGAP). #access May 2014 IFC Sub-Saharan Africa 14 Fricker Road, Illovo, 2196 editorial Johannesburg, South Africa Tel: +27 11 738 3000 hese are exciting times in Africa. Not only is the continent enjoying strong economic growth, Editorial it is also an innovator in applying new technologies to increase access to financial services Greta Bull, Anna Koblanck Tfor large parts of the population. We’re not just talking about M-Pesa, Kenya’s world-famous mobile money provider. Look at Tanzania, for example. In just four years, the rate of formal financial Research & Editing inclusion has increased from 15.8 percent to 57.4 percent, primarily because of the implementation of Gcinisizwe Mdluli, Chloe Dugger, Lucille Gavera mobile financial services. Design & Layout Why is this important? Because it holds the promise of even better things to come. -
IFC Deal Query Based on IFC Investment Services Projects
IFC Deal Query Based on IFC Investment Services Projects Date Disclosed Project Name Project Number Product Line 07/23/2021 DCM UBP Social Bond 44900 Loan 07/07/2021 RATCH Loan 43901 Loan 07/01/2021 HDFC II 44139 Loan 06/30/2021 Erste_CRO_MREL 44745 Loan 06/30/2021 OCB green loan 43733 Loan 06/30/2021 Aspen Pharmacare 45174 Loan 06/29/2021 PSL - Ultratech 45146 Loan 06/28/2021 Banco BV SEF Credit Line 43661 Loan 06/24/2021 CTP Bond 44887 Loan 06/23/2021 WCS COVID NMBTZ 44080 Loan 06/22/2021 NSG RSE FACILITY 45366 Loan 06/15/2021 Axian Togo 44666 Loan Page 1 of 1315 09/29/2021 IFC Deal Query Based on IFC Investment Services Projects Company Name Country Sector UNION BANK OF THE Philippines Financial Institutions PHILIPPINES RH INTERNATIONAL Thailand Infrastructure (SINGAPORE) CORPORATION PTE. LTD. HOUSING DEVELOPMENT India Financial Institutions FINANCE CORPORATION LIMITED ERSTE & Croatia Financial Institutions STEIERMARKISCHE BANK D. D. ORIENT COMMERCIAL Vietnam Financial Institutions JOINT STOCK BANK ASPEN FINANCE South Africa other PROPRIETARY LIMITED PRECIOUS SHIPPING Thailand Infrastructure PUBLIC COMPANY LIMITED BANCO VOTORANTIM S.A. Brazil Financial Institutions CTP N.V. Central Europe Region other NMB BANK PLC Tanzania Financial Institutions NSG UK ENTERPRISES Argentina Manufacturing LIMITED LA SOCIETE HOLDING Togo Telecommunications, Media, and Technology Page 2 of 1315 09/29/2021 IFC Deal Query Based on IFC Investment Services Projects Environmental Category Department Status FI-2 Regional Industry - FIG Asia & Pac Active B Regional -
CLR Review Independent Evaluation Group
For Official Use Only CLR Review Independent Evaluation Group 1. CAS Data Country: Tanzania CAS Year: FY11 CAS Period: FY12 – FY15 Public Disclosure Authorized CLR Period: FY12 – FY16 Date of this review: March 6, 2018 2. Ratings CLR Rating IEG Rating Development Outcome: Moderately Satisfactory Moderately Unsatisfactory WBG Performance: Good Fair 3. Executive Summary i. This review of Tanzania’s Completion Report of the World Bank Group’s (WBG) Country Assistance Strategy (CAS) covers the period of the original CAS, FY12-15, and the Country Assistance Strategy Progress Report (CASPR), FY14-16. The CAS period was extended at CASPR to allow the WBG to work with the new administration in preparing the next Country Partnership Framework (CPF). ii. Tanzania is a low-income country with a GNI per capita of US$900 in 2016. During the CAS period, the economy grew steadily at 6.7 percent annually compared with an average of 3.5 percent for Sub-Saharan Africa (SSA). Yet, a recent IMF program review report (January 2018) underscores that recent signs of weakening economic activity coexist with large infrastructure gaps, a business climate that has worsened, budget payment arrears in part owing to the electric utility’s (TANESCO) financial difficulties, and problems with tax collections, administration, and policy. Governance indicators on the efficiency and transparency in public management did not improve during the CAS period. Moreover, in the 2018 Doing Business report, Tanzania ranks 137 out of 190 countries, which compares less favorably with its SSA neighbors and reveals weak private sector competitiveness. Hence, sustained reforms to enhance budget credibility and implementation as well as to improve the business climate are needed to achieve strong growth led by the private sector as intended by the government. -
European Investment in Tanzania: How European Investment Contributes to Industrialisation and Development in Tanzania
EU market study:EU market study 17/10/2016 11:54 Page 1 European Investment in Tanzania: How European investment contributes to industrialisation and development in Tanzania Funded by the European Union EU market study:EU market study 17/10/2016 11:54 Page 2 European Investment in Tanzania: How European investment contributes to industrialisation and development in Tanzania Funded by the European Commission Written by Ashley Elliot © European Commission, Dar es Salaam, 2016 The content of this publication does not reflect the official opinion of the European Commission. Responsibility for the information and views expressed in the publication lies entirely with the author. "EU" refers to the European Union, and "EU+SN" to the members of the European Union and the Economic Free Trade Area (EFTA), unless otherwise indicated. For further inquiries or clarifications please contact [email protected]. A project implemented by consortium led by POHL CONSULTING & ASSOCIATES GMBH EU market study:EU market study 17/10/2016 11:54 Page 3 European Investment in Tanzania: How European investment contributes to industrialisation and development in Tanzania Funded by the European Union EU market study:EU market study 17/10/2016 11:55 Page 4 European Investment in Tanzania: How European investment contributes to industrialisation and development in Tanzania Foreword by Ambassador Roeland van de Geer, Head of the Delegation of the European Union to Tanzania and the East African Community As the Government of Tanzania and international partners join forces to lift millions of Tanzanians out of poverty, the role of trade and investment in the fight against poverty is increasingly recognised.