DCB Commercial Bank clears loss of Sh6.9bn

DCB Plc Finance chief Zacharia Kapama (second left), announces the bank’s financial performance for 2018 in Dar es Salaam yesterday. Others from left are DCB head of Marketing and Customer Service Rahma Ngassa, chief manager- Commercial James Ngaluko (second right). PHOTO|COURTESY DCB 

In Summary

The DCB Commercial bank has managed to clear Sh6.9 billion losses recorded in 2017 by reporting a gross profit amounting Sh1.9 billion in 2018, due to cost cutting, digitalization of services and improved efficiency measures.

By Mnaku Mbani @mnaku28 mmbani@tz.nationmedia.com

The Dar es Salaam. Dar es Salaam Stock Exchange-listed DCB Commercial Bank has cleared its debt,

First Assurance shifts focus to agriculture

In Summary

First Assurance Company Limited has announced that it will start offering insurance services to agriculture, starting with tobacco and cotton.

Tobacco and cotton farmers in Tanzania will soon start insuring their crops, after First

East Africa maize trade down by 8pc in Quarter 4 of 2018

Harvested maize. The commodity trade volume within East Africa fell during the fourth quarter of last year, compared with a similar quarter in 2017. PHOTO | FILE 

The East African region traded an estimated 111,000 tonnes of maize grain during the fourth

In Summary

• Maize trade among East African countries shrunk by eight per cent during the fourth quarter of last year, when compared with similar quarter of 2017, the new regional report has said.

By The Citizen Reporter @The CitizenTZ news@tz.nationmedia.com

Construction of new Mbezi bus terminal gets underway

Archtectural design of new Mbezi Louis Upcountry Bus Terminal. PHOTO | DAR CITY COUNCIL 

By Gadiosa Lamtey @gadiosa2 glamtey@tz.nationmedia.com

In Summary

The construction of modern a new Upcountry Bus Terminal at Mbezi Luis outskirt of Dar es Salaam city has officially began, as a contractor from China has started with site clearing, measuring soil and set up the construction equipment’sThe start of construction of long awaited new upcountry buses terminal at Mbezi Luis has

Precision Air lowers fares for Moshi route

 

In Summary

• Precision Air has announced that they will be the official transport sponsors for the Kilimanjaro Marathon and by so they have offered a price discount on tickets from Sh90,000 on a one way ticket to Kilimanjaro through Dar es Salaam, Mwanza, Nairobi and Entebbe

By Gladys Mbwiga @gladysmbwiga news@tz.nationmedia

Individuals wishing to attend the Kilimanjaro Marathon can now enjoy a discount of ticket price of up to Sh90,000, thanks to Precision Air.

PATA VICHWA VYA HABARI VILIVYOONGOZA KATIKA MAGAZETI YA LEO JUMATATU APRILI 4, 2019

RAIS WA ZANZIBAR MHE.DK.SHEIN, AZUNGUMZA NA WAZIRI WA KILIMO NA MUSUALA YA ARDHI WA MISRI IKULU ZANZIBAR

RAIS wa Zanzibar na Mwenyekiti wa Baraza la Mapinduzi Mhe. Dk. Ali Mohamed Shein, akizungumza na Waziri wa Kilimo na Masuala ya Ardhi wa Jamuhuri ya Kiarabu wa Watu wa Misri.Dkt.Ezzaldin O.Abusteit, alipofika Ikulu Zanzibar kwa mazungumzi, akiongozana na Ujumbe wake na kulia Balozi wa Misri Nchini Tanzania Mhe. Gaber Mohamed

RAIS wa Zanzibar na Mwenyekiti wa Baraza la Mapinduzi Mhe. Dk. Ali Mohamed Shein, akizungumza na Waziri wa Kilimo na Masuala ya Ardhi wa Jamuhuri ya Watu wa Misri. Dkt. Ezzaldin.O.Abusteit, alipofika Ikulu Zanzibar kwa mazungumzo na Rais Ikulu Zanzibar

RAIS wa Zanzibar na Mwenyekiti wa Baraza la Mapinduzi Mhe. Dk. Ali Mohamed Shein, akiongozana na mgeni wake Waziri wa Kilimo na Masuala ya Ardhi Jamuhuri ya Kiarabu ya Watu wa Misri.Dkt. Ezzaldin O.Abusteit, wakitoka katika ukumbi baada ya kumaliza mazungumzo yao yaliofanyika Ikulu Zanzibar.3-2-2019

RAIS wa Zanzibar na Mwenyekiti wa Baraza la Mapinduzi Mhe. Dk. Ali Mohamed Shein, akiagana na mgeni wake Waziri wa Kilimo na Masuala ya Ardhi wa Jamuhuri ya Kiaranu ya Watu wa Misri Dkt. Ezzaldin .O. Abusteit, baada ya kumaliza mazungumzo yao yaliofanyika Ikulu Zanzibar.3-2-2019, anayefuata Balozi wa Misri Nchini Tanzania Mhe. Gaber Mohamed.(Picha na Ikulu)