SHAREHOLDERS of CRDB Bank here have been advised to open Busara account so as to simplify mode of transactions of dividends.
CRDB Bank Manager Agribusiness
Cooperative Banking Department, Mr Maregesi Shaaban said this in
Shinyanga yesterday during the workshop which brought together
shareholders of CRDB from the region.
He said that the bank has three ways of paying dividends namely through cheque, bank account and mobile money.
However, he stressed that use of Busara
Account was more convenient and cheaper. Mr Maregesi said that Busara
account is the saving account special for shareholders of the companies
registered at the Dar es salaam Stock Exchange (DSE) up to end of
February of this year 1,842 shareholders uses it in their transactions.
Total of about 32.600 billion dividends
were paid to 29,318 shareholders in the year 2014 while customers enjoy
tax incentives, whereby taxes to companies have been cut from 30 percent
to 25percent for duration of three years for companies owned by 35
percent by public said Mr Maregesi to parked shareholders in workshop.
The need to invest in DSE was emphasized
since it provides services in good corporate governance whereby members
meet for general meetings to make decisions and get valuable
information involving stakeholders.
Busara Account simplifies mode of
payments of dividends to shareholders for to customers to get their
money through ATM’s, agents of Fahari service or to telephone money
banking through MPESA,TIGO PESA and AIRTEL Money.
The branch Manager of Cooperative and
Rural Development Bank in Shinyanga Mr Said Pamui insisted to
shareholders about the benefit of using Busara account saying it gives
customers interest of three percent for 200,000 shillings per year.
“I appeal to you shareholders, this is
the right time to use services provided by our bank which grows daily to
carter services all over the country” said Mr Pamui to shareholders in
the workshop.
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