Tag Archives: General Knowledge


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We so often wait for the other person to be the source of change in our lives. What we do not understand is that neither our employer nor the government is there to induce a significant change in our lives.

True life changes begin with self. If we change everything will change for us.

Personal development materials such as dvd’s, cd’s, magazines and seminars have proved to be great agents of change in most peoples’ lives.

Contact CMA to obtain the latest personal development materials. – 0754 370805

Below is what Barrack Obama, the sitting US president is to say about change.


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Posted by on December 8, 2012 in General Knowledge


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Job Opportunities in Finance and Accounting Industry – Udated 23rd,July 2012.

Job Opportunities in Finance and Accounting Industry – Udated 23rd,July 2012..


Posted by on August 28, 2012 in General Knowledge


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If your plan is to limit your business within the country, CMA helps you see beyond boundaries.

Each CMA talk is packed with insights, findings, ideas, and strategies from today’s top entrepreneurs and business leaders.

Are these among your key concerns?

o   How do I find a Profitable business idea?

o   How do I start a business using local resources?

o   How does a business I started prosper worldwide

o   How do I draw the attention of international partners

Attend our Talk!

Sunday, August 26, 2012

Holiday Inn Hotel

3.00pm to 5.00pm

Tshs. 25,000 per participant

Dress Code: Smart. Men should appear  dressed in a tie or suit.

Talk Capacity 25 participants

Register Now: or call 0754 – 37 08 05


Posted by on August 22, 2012 in General Knowledge


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SEMINAR: Explore how you can be successful in business today!

Explore how you can be successful in business today!




There is far greater possibility to make money by building your own business than by working for someone else. When you’re in business for yourself, you write your own history, you write your own success story, you write your own legacy and most important, you write your own paycheck. Being in business for yourself gives you the opportunity to work your heart out for something you love. Join us together with other professionals for a Business and motivation Talk! The World likes speed and let us move fast toward discovering new opportunities in business rather than sticking to old traditional business models.


When: 18th Aug 2012, 10:30 AM

Where: Holiday Inn Hotel, 2ndFloor

Admission: 10,000/=

For Bookings: Email:

Call:     0772 200 124


Sponsored by:

Creative Minds Association®

Empowering GREAT minds across Africa.


Posted by on August 17, 2012 in General Knowledge


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SOURCE: Bank of Tanzania


Delegates of this conference are required to pay registration fee of US $300 or TZS 450,000 and register by downloading the Conference Registration Form, fill and email it to the Conference Secretariat Alternatively, the filled form may be faxed to +255 22 2234053, attention: Valentine Buberwa.
For future reference, you may wish to save the filled form before sending it. Nevertheless, feel free to contact the following individuals for enquiries:

1.Mrs. Valentine Buberwa Tel: +255 22 223 3424 e-mail:
2.Ms Zawadi Mwitula Te: +255 22 223 3435 e-mail:
3.Ms. Deborah Wapalila Tel: +255 22 223 5195 e-mail:
4.Mr. Baraka Munisi Tel: +255 22 223 5324 e-mail:
5.Mr. Oscar Mugaya e-mail:
Registration deadline is ……15 September, 2012……………………………..
2.The Conference Venue

The conference will be held at the Bank of Tanzania headquarters in Dar es Salaam, Tanzania.
3.Delegates Accommodation

Delegates are advised to make their own accommodation arrangements and inform the conference secretary ( For Hotel information. (click here).
4.Travel Information

Visa for Tanzania. Where possible, Delegates are strongly advised to obtain visa from their resident countries to facilitate their travel arrangements.

5.Conference Agenda

To view confrerence schedule and Agenda (click here)
For More Information about Payment Methods, Tanzanian Embassies, Diplomatic missions, Immunization Requirements, Currencies, Transports, Time Zone, Power Ratings, Climates, Tourist Attractions, please! Download the document below:-


Posted by on August 16, 2012 in General Knowledge, Tanzania News


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You think you got skills? Show it…

Companies from across the globe are looking for individuals and small companies to perform a wide range of freelance business services from remote locations. Outsourcing business processes makes sense for companies that cannot afford to hire another employee, yet have needs beyond those their current employees can fulfill.

All Types of Subcontracting Work Available
Online subcontractors work from their own home or small office and have access to an international market. Client needs vary, but following is a list of a few of the job types available on popular job auction websites:
Web and Programming, including Javascript, Drupal, Linux and more
Writing, Editing and Translation, ie., proofreading, copy writing, article writing
Sales and Marketing, including social media marketing, telemarketing, public relations, and lead generation
Engineering projects such as 3D modeling, scientific computation, and manufacturing design
Various legal, financial, design, and administrative projects
Most of the work subcontracted through job auction sites are one-time tasks, such as the writing of a single report or designing a company website. However, these sites allow freelance business services providers to build a profile and maintain a web presence through their website. It is possible to build repeat clientele and work towards securing full-time subcontracting work.
How to Succeed as a Freelance Business Services Provider
There is obviously more to operating a successful business than can be explained in one short article. The most important thing to remember when starting an online business of any type is that it requires just as much planning as any other new business. People often have unrealistic expectations about working from home or selling services online, thanks in large part to internet marketing gurus who would have everyone believe they know the secret to making a million dollars before breakfast and want to share their success… for just a small fee, of course.
Working through an auction site, freelance business services providers are solely responsible for their business reputation. Clients can leave feedback and ratings on the provider’s profile. No one is going to jump in and finish the project is the provider has an emergency. Providers must be able to keep their own books, market their own services, seek out their own online opportunities, and manage their own communications. It could take months before the new provider even has to worry about that, as they try to get established on each new site. For the best chance at a quick start, use one of the established, reputable sites listed below.

Joining the Ranks of Freelance Business Services Professionals
Before joining any job auction website, be ready to take the following steps to get your business off the ground:
Read all Help tutorials to learn the rules, etiquette and processes of the site.
Spend a few days to a week reading over job postings to see if the type of work you’re interested in is available and how your qualifications measure up.
Take the time to build a solid profile. An empty profile is a red flag that a freelancer isn’t serious about their work or the site.
Visit forums or blogs, when available, to learn more about potential issues with the site and what to expect in general.
Create a portfolio of samples of whatever type of work you do. Refer potential employers to your online portfolio, or attach samples to bids.
Create a contract or use a sample work order from the job auction site. Don’t trust online buyers to pay you; have a contract and use escrow, when available.
Taking a freelance business services small business online through a job auctions site generates exposure to an international market of clients who are already interested in hiring a subcontractor. Be realistic, know your strengths, and ask for help when needed- or outsource it!
Revised edition, original Source:

Submitted by KC.

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Posted by on August 14, 2012 in General Knowledge


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Exchange Rate: Tanzania Shilling Vs. US Dollar – as of JULY 2012

USDTZS – Tanzania Shilling Exchange rate

The USDTZS spot exchange rate appreciated 5.0000 or 0.32 percent during the last 30 days. Historically, from 2009 until 2012, the USDTZS averaged 1476.3800  reaching an all time high of 1813.5000  in October of 2011  and a record low of 1277.9000  in June of 2009. The USDTZS spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the TZS. While the USDTZS spot exchange rate is quoted and exchanged in the same day, the USDTZS forward rate is quoted today but for delivery and payment on a specific future date. This page includes a chart with historical data for USDTZS – Tanzania Shilling Exchange rate.



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General Understanding of The Kyoto Protocol

What do you understand by the term Kyoto Protocol?

First time i heard the term i thought it a type of mushrooms from China or Japan! So the more i heard of it on the International meia houses i decided to find out what exactly is the KYOTO Protocol.


Definition of ‘Kyoto Protocol’

Kyoto Protocol

An international agreement that  aims to reduce carbon dioxide emissions and the presence of greenhouse  gases. Countries that ratify the Kyoto Protocol are assigned maximum carbon  emission levels and can participate in carbon credit trading. Emitting more than  the assigned limit will result in a penalty for the violating country in the  form of a lower emission limit in the following period.

The Kyoto Protocol is a protocol to the United Nations Framework Convention on Climate Change (UNFCCC or FCCC), aimed at fighting global warming. The UNFCCC is an international environmental treaty with the goal of achieving the “stabilisation of greenhouse gas concentrations in the atmosphere at a level that would prevent dangerous anthropogenic interference with the climate system

The Protocol was initially adopted on 11 December 1997 in Kyoto, Japan, and entered into force on 16 February 2005. As of September 2011, 191 states have signed and ratified the protocol.[ The only remaining signatory not to have ratified the protocol is the United States. Other United Nations member states which did not ratify the protocol are Afghanistan, Andorra and South Sudan. In December 2011, Canada renounced the Protocol.

Tanzania ratified and accepted the kyoto protocol in August 2002.  One of the initiatives in Tanzania is through The national REDD strategy  which is  yet to be completed though it is at an advanced stage of preparation. It will enable Tanzania to gain billion of shillings annually from the international carbon trading markets, through conserving forests.

The Kyoto Protocol separates  countries into two groups. Annex I includes developed nations, while  Non-Annex I refers to developing countries like Tanzania. Emission limitations are only placed  on Annex I countries. Non-Annex I nations participate by investing in projects  that lower emissions in their own countries. For these projects, they earn  carbon credits. These credits can be traded or sold to Annex I countries, which  allow them a higher level of maximum carbon emissions for that period.

Carbon Credit is  permit that allows the holder to emit one ton of carbon  dioxide. Credits are awarded to countries or groups that have reduced  their green house gases below their emission quota. Carbon  credits can be traded in the international market at their current  market price.

The carbon credit system was  ratified in conjunction with the Kyoto Protocol. Its goal is to stop the  increase of carbon dioxide emissions.
For example, if an  environmentalist group plants enough trees to reduce emissions by one  ton, the group will be awarded a credit. If a steel producer  has an emissions quota of 10 tons, but is expecting to produce 11  tons, it could purchase this carbon credit from the environmental  group. The carbon credit system looks to reduce emissions by having  countries honor their emission quotas and offer incentives for being below them.

In response to the Kyoto Protocol a Carbon Trade idea was presented. The Idea  involves the trading of greenhouse gas (GHG) emission rights between nations.

For example, if Country A exceeds  its capacity of GHG and Country B has a surplus of capacity, a monetary  agreement could be made that would see Country A pay Country B for the right to  use its surplus capacity.
The Kyoto Protocol presents nations with the  challenge of reducing greenhouse gases and storing more carbon. A nation that  finds it hard to meet its target of reducing GHG could pay another nation  to reduce emissions by an appropriate quantity.




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Africa’s True Mobile Revolution Has yet to Start – HBR

I saw this article submitted by Bright B. Simmons on Havard Business Review (HBR) Blog network and thought i should share with you.


By Bright B. Simons  |   9:21 AM July 4, For : Havard Business Review

The United States economy is nine times the size of Africa’s, but Africa has twice as many mobile phones.
This tantalizing statistic would seem to indicate that, in the mobile era, Africa’s time has come. But the mobile subscriber numbers are only part of the story. So far, the buzz about African mobile has been about the consumer side of things. I believe, though, that it is at the enterprise level that mobile could truly become a game changer for Africa, enabling the building of massive fortunes, and perhaps even the much anticipated recycling of innovation from Africa to the West.
The focus on consumers up to now has been perfectly understandable. That is where the results are already visible. It is consumers that have made Africa the fastest growing mobile market in the world. It is consumer spending that is driving all the value added services — including mobile payments — that everyone seems so excited about. Whilst the subscriber growth has been astounding, a critical look at value creation however show how much more needs to be done before mobile can shift African economies. For instance, the United Kingdom, with barely 7% of Africa’s population, has a bigger telecom industry in terms of revenue. That’s why the enterprise side of things has seized my imagination.
To the extent that the African enterprise has been relevant in the mobile story so far, it has been about the telephone companies themselves. It is amazing how enthusiastically African telecoms have, for instance, embraced the cloud, where “cloud” means accessing the enterprise’s intellectual assets more in the way one accesses a utility, like tap water, instead of a local resource, like, say, a borehole.
African telecoms have in fact done more than embrace the cloud; they have unpacked their infrastructure: selling radio masts to third parties and leasing them back; grabbing seamless, turnkey solutions for billing, customer discovery, relationship management, and service delivery from big vendors with a gusto that would make a western CIO gulp for air.
Much of the esoteric quibbling about private and public clouds and legacy infrastructure that has frustrated vendors like IBM, HP, SAP, and the rest in Europe and America has been bypassed in Africa as telecom companies prioritize cost and comfort over culture and security.
Given how open-minded African telecom companies have been about the cloud, they should have no qualms about pushing enterprise mobility; they have no hang-ups.
This puts African telecom companies in a position to promote an open-minded, hang-up free approach to enterprise mobility. But so far they’ve concentrated their marketing power at consumers, and invested in selling mainly broadband-related products to the corporate sector. On enterprise mobility they’re still at the starting line.
Which is why the opportunity is so thrilling. The market is completely open. It could be anyone’s game.

To understand what I mean by “enterprise mobility,” look at your own recent working practices. How often do you use your mobile phone or tablet for work-related activity? Do you have a company-issued mobile phone or tablet? Is its use governed by company-level policies? Are you allowed access to critical company data outside the four walls of the business? What does “four walls” mean if you are a travelling salesperson, or on call after work hours to respond to crises? How does the company judge whether it is really you making that call or pulling that piece of data from its vaults? In low-infrastructure settings like Africa, these questions are double-pressing.
Most African corporations, especially in the private sector, are only now in a position to think deeply about information technology (IT). Unlike in the West, where corporate policies on IT easily date back five decades, and where systems deployed two decades ago are still in operation, the African enterprise has discovered IT just at the onset of cloud-thinking. The dissolving of corporate boundaries is not science fiction to the average African manager; she contends with the realities and frustrations every day.
Intriguingly, the African IT manager has very little influence over the enterprise as a whole. The notion of the CIO is still in its infancy. When it becomes obvious that IT is a bottom-line matter, it is the CEO who usually has to make the call.
If the CEO gets what’s at stake, then — given the unique advantages of the African setting for all things mobile — the whole enterprise is likely to embrace cloud and mobility with a seamlessness and finality that is impossible to achieve in the West. And when such a bug successfully infects one company it could very easily affect its entire industry, because mobile has always been a viral technology.
What do we have here then? Surely, it is the perfect mix of ingredients for a massive boom: a huge, self-defining, market opportunity; incumbents without a clear plan; limited penetration by established vendors; motivating cost factors; favorable surrounding culture (i.e. mobile is hot); and massive latent needs. Just the sort of environment likely to spawn a host of medium-sized innovators, always the right catalyst for a boom.
There is, however, one really big if. African economies are still hyper-dependent on government spending — a legacy of the socialist infrastructure put in place after independence. For there to be an enterprise mobility boom, there also needs to be a broader enterprise boom and rebalancing of economies away from government and toward the private sector.
Such economic change typically comes in stages. The current consumer boom in Africa is based on the first steps toward private sector empowerment that were taken in the 1980s, when most African countries’ economies were shrinking. Now, with the consumer boom spurring real growth all over the continent, we may be due for an even bigger spurt of private sector expansion.
Simply put: the consumer boom could fuel an enterprise boom which would in turn keep consumer spending rising. And this enterprise boom offers the platform for a mobile explosion so dramatic that it could dwarf the change and growth Africa have seen so far in the mobile-enabled space — and launch Africa into the global economic big leagues.

There’s no guarantee that all this will happen, of course. But the ingredients are in place.

Bright B. Simons    is based in Accra, Ghana, he invented the SMS shortcode system for authenticating pharmaceuticals, and currently leads the effort by the company he founded, mPedigree Network, to deploy the system across Africa and South Asia.


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Four Easy Certifications to Add to your Resume

It’s a competitive job market out there. If you want to make sure that hiring  managers see your resume, you have to do something to set yourself apart.  Investing in a few simple, inexpensive training courses or certifications might  be just enough to give you a leg up on the competition.

This can also help to build up your resume and set  you apart from other candidates who may not have the certifications, or who may  need a bit of additional training once hired.

1. First Aid

Every organization benefits from having first aiders on staff, and  some jobs require that all workers are certified in first aid before commencing  work. This simple certification has wide application in the workplace and in  your personal life, and only requires a small investment of cash and time.  You can inquire through TANZANIA RED CROSS SOCIETY (TRCS) and Tanzania police Fire and Rescue Department on how to acquire such training and certificates. Online  courses are also available,The online courses  typically make use of videos, reading materials and other tutorials, while those  courses taught in the classroom tend to have more of a hands-on approach which  is great for helping to understand the real-world situations you may encounter  as a first aider.
2. Microsoft Office Speciality (MOS)

For many administrative and office-related positions, being proficient in the  use of Microsoft Office products is essential. But how do you prove that you’re  proficient? Well, Microsoft offers a certification as a Microsoft Office  Specialist (MOS), which essentially tests and assesses your skill level at each  component of the MS Office suite. You can simply enroll for Classes at a variety of Computer colledges in Tanzania. I recommend Institute of Finance Management (IFM ) IT&Computing Department  and UDSM Computing Centre (UCT). Choose the part of Microsoft  Office you wish to specialize in, or you can do one at a time if you want to get  more than one specialization. If you are a Computer literate You have the option to complete the exams without taking prior courses, but  there are also online courses you can take to assist with mastering the material  and preparing for the exam.

3. Cisco Certified Network Consultant (CCNA)

There are a wealth  of certifications available in the information technology (IT) field. Among  these is the Cisco Certified Network Consultant (CCNA) designation which is  offered by Cisco Systems. The CCNA certifies that holders are competent in the  installation of various network devices and cables. Though the CCNA designation  technically only requires successful completion of an exam,  many choose to  complete a training course before writing the exam. These training courses may  be a bit expensive in most cases, though actually a much  smaller investment than paying college or university tuition, and they can be  completed in a fraction of the time. Keep in mind that there are also online  courses which cost much less than the classroom-type training courses that you  can take. The computer-based CCNA examination costs $125 to write, and must be  organized through Cisco.

4.  Language  Certifications

Language certifications come in essentially two  forms: certifications for those that want to teach a language or for non-native  speakers who want to prove that they have acquired a sufficient level of  communication mastery to succeed in the workplace. Among the certifications  available for those who want to teach English as a second language, TESOL, TEFL  or TESL are some of the more common programs. These programs are great for those  who wish to go overseas to teach English, or even for those who wish to work  with newcomers to help them master the English language before heading out into  the workplace.

For those wishing to complete an English  as a second language (ESL) program, these are greatly beneficial to those who  have moved to an English-speaking nation and need to show potential employers  that their communication skills meet the standards in reading, writing, speaking  and comprehension. The cost of an ESL course can vary greatly depending upon the  duration of the course and where you choose to study. A variety of  post-secondary institutions and community colleges offer these programs. Keep in  mind that many of these courses tend to cost quite a bit – perhaps even a few  thousand dollars if you go through a recognized college or university – but the  strength it’ll add to your employability could be priceless
If you already have English language certification, try learn other new Language like French. Biliteracy offers potential occupational benefits. In a globalized world, bilinguals can get excellent career opportunities in retail sector, transport, tourism, administration, secretarial work, public relations, marketing and sales, banking and accountancy, translation, law and teaching.

Posted by on July 5, 2012 in Articles, General Knowledge


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Two Lists you should Look at Every Morning – Peter Bregman

Nimesoma hii Article ya Peter Bregman ikanivutia nikaona ni vyema nika share na readers wa MF.

Peter Bregman is the CEO of Bregman Partners, Inc., a global management consulting firm which advises CEOs and their leadership teams. He speaks, writes, and consults about how to lead and how to live.

He is the author, most recently, of 18 Minutes: Find Your Focus, Master Distraction, and Get the Right Things Done, winner of the Gold Medal from the Axiom Business Book awards, named the best business book of  the year on NPR, and selected by Publisher’s Weekly and the New York Post as a top 10 business book of the year. He is also the author of Point B: A Short Guide to Leading a Big Change and co-author of five other books. Featured on PBS, ABC and CNN, Peter is a regular contributor to Harvard Business Review, Fast Company, Forbes, National Public Radio (NPR), Psychology Today, and CNN.


Two Lists You Should Look at Every Morning by Peter Bregman    
I was late for my meeting with the CEO of a technology company and I was emailing him from my iPhone as I walked onto the elevator in his company’s office building.

I stayed focused on the screen as I rode to the sixth floor. I was still typing with my thumbs when the elevator doors opened and I walked out without looking up. Then I heard a voice behind me, “Wrong floor.” I looked back at the man who was holding the door open for me to get back in; it was the CEO, a big smile on his face. He had been in the elevator with me the whole time. “Busted,” he said.
The world is moving fast and it’s only getting faster. So much technology. So much information. So much to understand, to think about, to react to.

A friend of mine recently took a new job as the head of learning and development at a mid-sized investment bank. When she came to work her first day on the job she turned on her computer, logged in with the password they had given her, and found 385 messages already waiting for her.
So we try to speed up to match the pace of the action around us. We stay up until 3 am trying to answer all our emails. We twitter, we facebook, and we link-in. We scan news websites wanting to make sure we stay up to date on the latest updates. And we salivate each time we hear the beep or vibration of a new text message.

But that’s a mistake. The speed with which information hurtles towards us is unavoidable (and it’s getting worse). But trying to catch it all is counterproductive.

The faster the waves come, the more deliberately we need to navigate. Otherwise we’ll get tossed around like so many particles of sand, scattered to oblivion. Never before has it been so important to be grounded and intentional and to know what’s important.
Never before has it been so important to say “No.” No, I’m not going to read that article. No, I’m not going to read that email. No, I’m not going to take that phone call. No, I’m not going to sit through that meeting.
It’s hard to do because maybe, just maybe, that next piece of information will be the key to our success.

But our success actually hinges on the opposite: on our willingness to risk missing some information. Because trying to focus on it all is a risk in itself. We’ll exhaust ourselves. We’ll get confused, nervous, and irritable. And we’ll miss the CEO standing next to us in the elevator.
A study of car accidents by the Virginia Tech Transportation Institute put cameras in cars to see what happens right before an accident. They found that in 80% of crashes the driver was distracted during the three seconds preceding the incident. In other words, they lost focus — dialed their cell phones, changed the station on the radio, took a bite of a sandwich, maybe checked a text — and didn’t notice that something changed in the world around them. Then they crashed.
The world is changing fast and if we don’t stay focused on the road ahead, resisting the distractions that, while tempting, are, well, distracting, then we increase the chances of a crash.

Now is a good time to pause, prioritize, and focus. Make two lists:
List 1: Your Focus List (the road ahead)

What are you trying to achieve? What makes you happy? What’s important to you? Design your time around those things. Because time is your one limited resource and no matter how hard you try you can’t work 25/8.
List 2: Your Ignore List (the distractions)
To succeed in using your time wisely, you have to ask the equally important but often avoided complementary questions: what are you willing not to achieve? What doesn’t make you happy? What’s not important to you? What gets in the way?
Some people already have the first list. Very few have the second. But given how easily we get distracted and how many distractions we have these days, the second is more important than ever. The leaders who will continue to thrive in the future know the answers to these questions and each time there’s a demand on their attention they ask whether it will further their focus or dilute it.
Which means you shouldn’t create these lists once and then put them in a drawer. These two lists are your map for each day. Review them each morning, along with your calendar, and ask: what’s the plan for today? Where will I spend my time? How will it further my focus? How might I get distracted? Then find the courage to follow through, make choices, and maybe disappoint a few people.
After the CEO busted me in the elevator, he told me about the meeting he had just come from. It was a gathering of all the finalists, of which he was one, for the title of Entrepreneur of the Year. This was an important meeting for him — as it was for everyone who aspired to the title (the judges were all in attendance) — and before he entered he had made two explicit decisions:

1. To focus on the meeting itself and 2. Not to check his BlackBerry.
What amazed him was that he was the only one not glued to a mobile device.

Were all the other CEOs not interested in the title? Were their businesses so dependent on them that they couldn’t be away for one hour? Is either of those a smart thing to communicate to the judges?
There was only one thing that was most important in that hour and there was only one CEO whose behavior reflected that importance, who knew where to focus and what to ignore. Whether or not he eventually wins the title, he’s already winning the game.


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Every iPhone accessory you own is now obsolete‏

iPhone 5

A still from leaked footage shows  the difference beteen iPhone 5 port and the current design.


ALL those expensive iPhone accessories you own, the stuff that plugs into  the bottom of the device – speakers, docks, chargers etc. They’re about to  become obsolete.  

Tech blog TechCrunch reports that Apple plans to change the  design and size of the connector for the iPhone 5. The old 30-pin connector, which has been the standard since the third  generation iPod, is to be replaced by a 19-pin mini connector. “TechCrunch has independently verified that Apple is working on adding a  19-pin port to the new iPhone.


It is a move that will surely send shocks through  the iPhone accessory ecosystem. “The new port is similar in size to the Thunderbolt port available on many  MacBook devices but (TechCrunch) has been told by three independent  manufacturers that the pin-out will be different.


“It’s clear Apple is more concerned with space savings inside each  device.” Leaked video footageclaiming to be of the iPhone 5 shows a  smaller connector. TechCrunch’s prediction that the news will send shockwaves is spot on.


Bose DockBose dockExpensive sound docks like this model from Bose were  purpose-built to use with an iPhone.


Tech blogger Robert Scoble said the change would give Apple a tighter control  on iPhone accessories.

“It will be nearly impossible to make unlicensed devices,” he wrote on his  blog. “Unfortunately these design goals mean making obsolete the something like  10 power chargers in my home. Sigh.” Awesome Robo’s Sirio


Brozzi wrote: “People are stunned by this possibility,  myself included. I mean, why fix something that’s not broken?”


Writing on, Dave Thier said: “Apple is great at getting us to buy  new products, and this may be one its biggest coups yet.


The environment will  suffer, like usual, but expect accessory manufacturers to make a mint after an  uncomfortable transition.


Mashable reports the iPhone’s dock connector “is about to go on a  diet”.



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What is GDP and Why is it so Important?

Recently the term GDP has been heard and or seen everywhere in our media in Tanzania, This follows the presentation of 2012/2013  Government Budget, Do you understand what it means? When Mh. Mgimwa said “The real GDP grew by 6.4% in 2011 compared to 7.0% in 2010″ What did he mean exactly?

I will explain below in brief the meaning of GDP (Gross Domestic Revenue)

File:Map of countries by GDP (nominal) in US$.png

Map of Countries by GDP – Source Wikipedia


The Gross Domestic Product (GDP) is one the  primary indicators used to gauge the health  of a country’s economy. It represents the  total money value of all goods and services produced over a specific time  period – you can think of it as the size of the economy. Usually, GDP is  expressed as a comparison to the previous quarter or year. For example, if the  year-to-year GDP is up 3%, this is thought to mean that the economy has grown by  3% over the last year.
Measuring GDP is complicated (which is why we  leave it to the economists), but at its most basic, the calculation can be done  in one of two ways: either by adding up what everyone earned in a year (income  approach), or by adding up what everyone spent (expenditure method). Logically,  both measures should arrive at roughly the same total.
The income  approach, which is sometimes referred to as GDP(I), is calculated by adding up  total compensation to employees, gross profits for incorporated and non  incorporated firms, and taxes less any subsidies.

The expenditure method is the  more common approach and is calculated by adding total consumption, investment,  government spending and net exports.

Why do we Care about GDP?

GDP is the main measure of the health of the economy and is used by the central banks as one of the key indicators in setting interest rates each month. Also it is used by major international organisation like IMF to measure the Economic healthy of countries. See List of Countries by nominal GDP below (Tanzania No. 97) according to IMF data of 2011:


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South Africa Has Highest ATM Fees: Survey


Survey by management consulting firm Accenture found that a transaction in South Africa cost nearly US2 (R16.75), Business Day reported.

The country also had the highest withdrawal fees of US4. 59 (R38.44).

In contrast 18 countries, which included the United States and the United Kingdom, charged nothing for ATM withdrawals and 14 charged nothing for branch withdrawals.

Vinolan Pillay, an executive for banking at Accenture said despite the high charges the survey found that 38 percent of South African consumers were satisfied with their main bank, above the global average of 36 percent.

South Africa came in eighth-best for credit cards and among the 10 countries offering free debit-card transactions at some banks.

Pillay said this was an example of the country’s banking industry progressing to fiercer competition and increased transparency.

“Recent banking price wars in South Africa resulted from calls for transparency around pricing and heated competition in the banking industry,” he was quoted as saying.


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Serikali ya Tanzania Yatangaza Bajeti ya mwaka 2012/2013

Dr. Mgimwa - Waziri Wa Fedha Tanzania akionyesha mkoba wa bajeti ya serikali kwa mwaka 2012/13

Dr. Mgimwa – Waziri Wa Fedha Tanzania akionyesha mkoba wa bajeti ya serikali kwa mwaka 2012/13

Dodoma, Tanzania:  SERIKALI imetangaza bajeti ya shilingi trilioni 15 kwa mwaka wa fedha 2012/2013.

Kwa mujibu wa Waziri wa Fedha, Dk William Mgimwa, pamoja na mambo mengine, bajeti hiyo imelenga kudhibiti mfumuko wa bei kwa kutangaza kutoa vibali vya kuingiza chakula kutoka nje, na kuwabana matajiri kwa kuongeza kodi ya bidhaa zisizokuwa za lazima.

Akisoma bajeti hiyo bungeni mjini Dodoma jana, Dk Mgimwa pia alitangaza kwamba Serikali imepanua wigo wa Kodi ya Mishahara (Paye) na sasa itawagusa wafanyakazi wenye kipato cha kuanzia Sh170,000 badala ya Sh135,000 ya awali.

Amesema, Serikali pia imerejesha mafunzo ya Jeshi la Kujenga Taifa (JKT) kwa kutenga Sh7 bilioni kwa ajili ya kuchukua vijana 5,000.

Dk Mgimwa amelieleza Bunge kuwa, Serikali imeongeza kodi za bidhaa mbalimbali, zikiwemo, bia, soda, sigara, juisi zinazoingizwa kutoka nje na kufuta msamaha wa ushuru wa bidhaa kwa magari kwa wote waliokuwa wananufaika na msamaha huo.

Alifafanua kwamba kodi ya vinywaji baridi imepanda kutoka Sh69 kwa lita hadi Sh83 na mvinyo unaotengenezwa kwa zabibu inayozalishwa nchini kwa kiwango kinachozidi asilimia 75, imeshuka kutoka Sh425 kwa lita hadi 145 kwa lita.

Wabunge wameelezwa kuwa, kodi ya mvinyo unaotengenezwa kwa zabibu inayozalishwa nje ya nchi kwa kiwango kinachozidi asilimia 25, imepanda kutoka Sh1,345 kwa lita hadi 1,614 kwa lita.

Dk Mgimwa amesema, kodi ya vinywaji vikali imepanda kutoka Sh1,993 kwa lita hadi Sh2,392 kwa lita, bia inayotengenezwa nchini kwa nafaka na ambayo haijaoteshwa, kodi yake imepanda kutoka Sh248 kwa lita hadi Sh310 kwa lita. Bia nyingine zote kodi imepanda kutoka Sh420 hadi Sh525 kwa lita.

Kuhusu ushuru wa bidhaa za sigara, Dk Mgimwa alisema, sigara zote zisizo na kichungi na zinazotengenezwa kwa tumbaku inayozalishwa nchini, kiwango cha angalau asilimia 75, kodi imepanda kutoka Sh6,820 hadi Sh 8,210 kwa sigara 1,000.

Alisema Sigara zenye kichungi na zinazotengenezwa kwa tumbaku inayopatikana nchini kwa kiwango cha angalau asilimia 75, kodi imepanda kutoka Sh16,114 hadi Sh19,410 na sigara nyingine zenye sifa tofauti na makundi hayo, kodi imepanda kutoka Sh29,264 hadi Sh35,117 kwa sigara 1,000.

Alisema tumbaku ambayo ipo tayari kutengenezwa sigara (cut filler) kodi yake imepanda kutoka Sh14,780 hadi Sh17,736 kwa bunda la sigara 1,000 wakati ushuru wa cigars unabaki kuwa asilimia 30.

Katika bajeti hiyo, Waziri Dk Mgimwa alisema muda wa maongezi (airtime) kwenye simu za mkononi umeongezeka kutoka asilimia 10 hadi 12.

Alisema lengo la hatua hiyo ni kuoanisha ushuru wa bidhaa unaotozwa na huduma hiyo katika nchi za Jumuiya ya Afrika ya Mashariki (EAC), kwa kipindi hiki ambacho nchi zipo katika Soko la Pamoja.

Alisema hatua hizo za ongezeko la ushuru wa bidhaa kwa pamoja, zinatarajiwa kuongeza mapato ya Serikali kwa kiasi cha Sh144,054.9 milioni.

Waziri huyo alipendekeza kufanyika marekebisho kwenye sheria husika za kodi ya matangazo ya Serikali yanayotoa msamaha wa kodi kwenye magari kwa walengwa mbalimbali ili kuweka ukomo wa umri wa miaka minane kwa magari hayo badala ya miaka 10.

Alisema magari yenye umri wa zaidi ya miaka minane yatatozwa ushuru wa bidhaa wa asilimia 20. Lengo la hatua hiyo ni kupunguza wimbi la uingizaji magari chakavu na kulinda mazingira.

Alitangaza pia marekebisho katika ushuru wa forodha, ikiwemo kufuta msamaha wa ushuru wa forodha katika vitu mbalimbali vikiwemo magari yenye ujazo wa CC 3000 huku pia ushuru wa forodha ukifutwa katika bidhaa nyingine nyingi muhimu.

Alisema katika kuhamasisha na kuchochea ukuaji wa sekta ya ufugaji wa nyuki, vifaa vinavyotumika katika ufugaji na kurina asali vimepewa msamaha wa ushuru wa forodha vinavyoingizwa kutoka nje ya nchi na wafugaji wa nyuki.

Alisema msamaha wa ushuru wa forodha kwenye migahawa ya majeshi ya ulinzi utaendelea kutolewa kwa kipindi cha mwaka mmoja.

Alisema kumefanyika marekebisho katika Sheria ya Forodha ya Jumuiya ya Afrika ya Mashariki ya mwaka 2004 ili kutoa msamaha wa ushuru wa forodha kwa wazalishaji wa vyakula vinavyotengenezwa mahsusi kwa lishe ya watoto wenye utapiamlo na watu wanaoishi na Virusi Vya Ukimwi.

Alisema kuwa katika Bajeti hiyo, pia wametoa msamaha wa ushuru wa forodha kwenye malighafi zinazotumika katika kutengeneza vifaa vya kufanyia uchunguzi wa magonjwa (medical diognastic kits) kwa kuwa vifaa hivyo hutozwa asilimia sifuri vinapoagizwa kutoka nje ya nchi.

Katika marekebisho hayo, utatolewa msamaha kwenye mitambo (machinery) na vipuri vyake vinavyotumika kwenye uchimbaji wa madini lakini hautahusisha vipuri vya magari vitakavyoagizwa na makampuni yanayojihusisha na uchimbaji wa madini.

Katika bajeti hiyo, pia umetolewa msamaha wa ushuru wa forodha kwenye vyuma vinavyowekwa kwenye kingo za barabara na lengo lake ni kutoa unafuu katika ujenzi wa miundombinu ya barabara.

Alisema ushuru wa forodha umepunguzwa kwa ving’amuzi kutoka asilimia 25 hadi asilimia sifuri ili kuwezesha mabadiliko katika teknolojia ya analogia na kwenda katika teknologia ya digitali.

Alisema katika Bajeti hiyo, pia ushuru wa ngano umeondolewa kuwa asilimia 0 badala ya asilimia 35.

Alisema Serikali pia imesamehe VAT katika mashine za kutolea stakabadhi (electronic fiscal devices), ili kupunguza bei yake na kuwezesha wafanyabiashara wengi kuwa nazo, kuhamasisha matumizi yake na hivyo, kuongeza mapato ya Serikali.

Katika eneo hilo, Serikali imeondoa VAT kwa vifaa mbalimbali vya kuhifadhia, kusafirisha na kusambaza gesi asilia ili kuongeza matumizi ya nishati hiyo katika sekta mbalimbali za kiuchumi, kwenye magari, majumbani na viwandani.

Wafanyabiashara ambao mapato yao hayazidi Sh3,000,000 hawatalipa kodi kuanzia Julai Mosi, mwaka huu. Dk Mgimwa alisema mpango huo umefanywa kulinda mapato ya Serikali.

Kabla ya msamaha huo, wafanyabiashara hao ambao mapato yao hayazidi Sh3,000,000 walikuwa wanalipa Sh35,000.

Marekebisho mengine ya kodi ya mapato ni kuwa wenye mapato kati ya Sh3 milioni –Sh7.5 milioni watalipa Sh100,000 badala ya Sh95,000.

Waziri Mgimwa alisema Bajeti hiyo imejielekeza katika Kukuza Pato la Taifa kwa asilimia 6.8 mwaka 2012 ikilinganishwa na ukuaji wa asilimia 6.4 mwaka 2011.

Malengo mengine ni kuimarisha miundombinu ya uchumi, ikijumuisha umeme, barabara, reli na bandari, kuongeza upatikanaji wa huduma za kifedha na kuongezeka kwa mapato ya ndani yatakayofikia uwiano na Pato la Taifa wa asilimia 18 kwa mwaka 2012/13 kulinganisha na mwelekeo wa asilimia 16.9 mwaka 2011/12.

Dk Mgimwa alitaja malengo mengine kuwa ni pamoja na kuendelea kudhibiti mfumuko wa bei ili urudi kwenye viwango vya tarakimu moja na kuwa na kiwango tengemavu cha ubadilishaji wa fedha kitakachotokana na mwenendo wa soko la fedha.

Malengo mengine ni kukuza mikopo kwa sekta binafsi kwa kiwango cha asilimia 20 ya Pato la Taifa ifikapo mwishoni mwa Juni 2013, sambamba na jitihada za kudhibiti mfumuko wa bei, kuboresha mazingira ya wafanyabiashara wadogo na wa kati, kulinda na kuendeleza mafanikio yaliyopatikana katika sekta za huduma za jamii, kuimarisha utawala bora na uwajibikaji na kujenga uwezo wa nchi kukabiliana na misukosuko ya kiuchumi na kifedha pamoja na kushiriki kwa ufanisi katika ushirikiano kikanda na kimataifa.

Kuhusu matumizi ya maendeleo, Waziri Mgimwa alisema itazingatia vipaumbele vya miundombinu ya umeme – mkazo ukiwa upatikanaji wake kwa kuongeza uzalishaji, usafirishaji na usambazaji na jumla Sh498.9 bilioni zimetengwa.


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Posted by on June 15, 2012 in Business News, Tanzania News


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World Leaders Convene to Address Global Crisis of Child Malnutrition at the G8 Summit

G-8 leaders urged to end child malnutrition in order to stimulate long-term economic

development and greater progress against hunger and poverty

WASHINGTON, D.C. – In advance of the G-8 Summit at Camp David this weekend, U.S and world leaders met on Capitol Hill in Washington, D.C. today to assess efforts to combat child malnutrition—a condition which results in three million preventable child deaths annually and drains billions of dollars in lost productivity and health care costs from poor countries.  Participants at the “Scaling Up Nutrition: Calling All Champions” briefing called upon G-8 leaders to prioritize action on child malnutrition as part of their development and food security discussions at the G-8 Summit.

The briefing included President Jakaya Kikwete of the United Republic of Tanzania, high-level officials from the White House, Government of Canada, U.S. Congress, U.S. Department of State, U.S. Agency for International Development (USAID), Millennium Challenge Corporation, World Bank and the World Food Program.

Nearly 200 million children worldwide are chronically malnourished, resulting in huge losses not only in human potential but also economic productivity in some of the world’s poorest countries. “G-8 leaders have the opportunity to change the lives of millions of children by making a bold commitment to tackle malnutrition. Wiping out chronic malnutrition is the best first step toward helping developing countries’ economies,” said Carolyn Miles, President and CEO of Save the Children. “We know that malnutrition can lead to anywhere between a two to three percent loss in GDP” [gross domestic product].

President Obama, along with G-8 and African leaders, is expected to announce on Friday new efforts to advance global agricultural development aimed at addressing hunger and poverty in Africa.

Several speakers noted today, however, that action and investment targeted specifically at improving nutrition for women and children during the critical 1,000 day window between pregnancy and age two would promote even greater long-term progress on hunger and poverty alleviation.

“Good nutrition during the critical 1,000 day window from pregnancy to a child’s second birthday is crucial to developing a child’s cognitive capacity and physical growth.  Ensuring a child receives adequate nutrition during this window can yield dividends for a lifetime, as a well-nourished child will perform better in school, more effectively fight off disease and even earn more as an adult,” said Dr. Rajiv Shah, Administrator of the U.S. Agency for International Development (USAID).

“People are beginning to realize that agriculture is not just about growing more food. It is about growing more nutritiousfoods and making sure they are available and accessible to all, particularly women and children during the first 1,000 days. This is a welcome, and long overdue, change – and one that we must all act on as quickly as possible,” said Kathy Spahn, President and CEO of Helen Keller International.

Several speakers noted that earlier this week an expert panel of Nobel laureate economists known as the Copenhagen Consensus found that fighting malnutrition in young children is the number one investment that policymakers can make in order to improve global health and development. The research indicated that for every $1 invested in nutrition, as much as $138 in better health and increased productivity is generated. 

“This research is especially timely in our budget-constrained environment.  It is essential that the global community rally to mobilize not only more money for nutrition, but also more nutrition for the money already spent on hunger and poverty alleviation,” said Adam Taylor, Vice President, Advocacy at World Vision.

Many at the event called on the G-8 to commit to a concrete goal to reduce chronic malnutrition and that investments in food security, agriculture and health are specifically targeted to improve nutrition for women and children.

“Nutrition must be integrated into all of our food security efforts — from emergency food assistance and school meals programs, to the food grown by local farmers,” said Richard Leach, President and CEO of World Food Program USA. “This is an unprecedented moment in the fight against hunger where there is commitment among all sectors — public and private — to address the nutritional needs of vulnerable populations.”

“We know that investments in nutrition –particularly within the 1,000 day window between pregnancy and a child’s second birthday – are the most cost-effective development interventions available, bar none. The key is to generate the political will and commitment to make those investments both now and into the future,” said Ambassador Tony Hall, Executive Director of The Alliance to End Hunger.

The briefing also highlighted commitments from the Scaling Up Nutrition (SUN) movement, an effort led by 27 developing countries to accelerate progress against malnutrition, in coordination with G-8 governments, donors and UN agencies.

“The United States has long played a vital role in mustering political will and resources to bolster global prosperity,” said Bread for the World President Rev. David Beckmann. “U.S. leadership can support the efforts of developing countries to focus on achieving greater self-reliance, productivity, and food security, and a reduction in chronic hunger and malnutrition – especially during the critical 1,000 days between pregnancy and a child’s second birthday.”

Event conveners included 1,000 Days, The Alliance to End Hunger, Bread for the World, CARE, ChildFund International, Concern Worldwide, Global Alliance for Improved Nutrition, Helen Keller International, Save the Children, World Food Program USA and World Vision.


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Baraza Jipya La Mawaziri Tanzania; May 2012.

Je Huu ni Mwanzo mpya? Baraza hili Litakidhi matakwa ya Watanzania? #MonFinance inawatakia kila la Kheri katika Majukumu haya mliyopewa.

  • Balaza Jipya Limeongeza Idadi ya Mawaziri  wawili na Naibu waziri mmoja. 
  • Wizara ya Nishati na Madini Imegawanyishwa na sasa kuwa na Manaibu wawili.
  •  Mawaziri Sita wa zamani Wameondolewa. 
  •  Sura mpya tatu za mawaziri na Kumi za manaibu waziri Zimeingia Baraza Jipya.

Na Hili ndilo Baraza jipya Lililotangazwa jioni ya jana Kutokea Viwanja vya Ikulu Dar es Salaam.


1.         OFISI YA RAIS
Waziri wa Nchi, Ofisi ya Rais (Mahusiano na Uratibu)
Ndugu Stephen M. Wasira, Mb.,
Waziri wa Nchi, Ofisi ya Rais, (Utawala Bora)
Ndugu George Mkuchika, Mb.,
Waziri wa Nchi, Ofisi ya Rais (UTUMISHI)
Ndugu Celina Kombani, Mb.,
Waziri wa Nchi, Ofisi ya Makamu wa Rais (MUUNGANO)
Ndugu Samia H.  Suluhu, Mb.,
Waziri wa Nchi, Ofisi ya Makamu wa Rais (MAZINGIRA)
Dr. Terezya P.L. Huvisa, Mb.,
Naibu Waziri:
Ndugu Charles Kitwanga, Mb.,
Waziri wa Nchi, Ofisi ya Waziri  Mkuu (Uwekezaji na Uwezeshaji)
Ndugu Mary M. Nagu, Mb.,
Waziri wa Nchi, Ofisi  ya Waziri Mkuu (TAMISEMI)
Ndugu Hawa Ghasia, Mb.,
Waziri wa Nchi, Ofisi ya Waziri Mkuu (Sera, Uratibu na Bunge)
Ndugu William V. Lukuvi, Mb.,
Naibu Waziri wa Nchi, Ofisi  ya Waziri Mkuu (TAMISEMI)
Ndugu Majaliwa K. Majaliwa, Mb.,
Naibu Waziri wa Nchi, Ofisi  ya Waziri Mkuu (TAMISEMI)
Ndugu Aggrey Mwanry, Mb.,
4.         WIZARA
 Wizara Ya Ushirikiano wa Afrika Mashariki
Waziri: Ndugu Samuel J. Sitta, Mb.,
Naibu: Dr. Abdulla Juma Abdulla, Mb.,
Wizara ya Ulinzi na Jeshi la Kujenga Taifa
Waziri:  Ndugu Shamsi Vuai Nahodha, Mb.,
Naibu: (Sijampata Jina Huyu)
Wizara Ya Ujenzi
Waziri: Dr.  John P. Magufuli, Mb.,
Naibu:  Ndugu Gerson Lwenge, Mb.,
Wizara Ya Afya na Ustawi wa Jamii
Waziri:  Dr. Hussein A.H. Mwinyi, Mb.,
Naibu:  Seif Suleiman Rashid, Mb.,
Wizara Ya Elimu na Mafunzo ya Ufundi
Wizara:  Dr. Shukuru J. Kawambwa, Mb.,
 Naibu:  Ndugu Philipo A. Mulugo, Mb.,
Wizara Ya Maendeleo ya Jamii, Jinsia na Watoto
Waziri:  Ndugu Sophia M. Simba, Mb.,
Naibu:  Ummy A. Mwalimu, Mb.,
Wizara Ya Mambo ya Nje na Ushirikiano wa Kimataifa
Waziri:  Ndugu Bernard K. Membe, Mb.,
Naibu:  Ndugu Mahadhi J. Maalim, Mb.,
Wizara ya Katiba na Sheria
Waziri: Ndugu Mathias M. Chikawe, Mb.,
Naibu: Ndugu Angela Jasmine Kairuki, Mb.,
 Wizara Ya Mambo ya Ndani ya Nchi
Waziri: Ndugu Emmanuel Nchimbi, Mb.,
Naibu: Ndugu Pereira A. Silima, Mb.,
Wizara Ya Maendeleo ya Mifugo na Uvuvi
Waziri:  Dr. David M. David, Mb.,
 Naibu:  Ndugu Benedict N. Ole-Nangoro, Mb.,
Wizara Ya Kazi na Ajira
Waziri:  Ndugu Gaudentia M. Kabaka, Mb.,
Naibu:  Dr. Makongoro M. Mahanga, Mb.,
Wizara Ya Mawasiliano, Sayansi na Teknolojia
Waziri:  Prof.  Makame M. Mbarawa, Mb.,
 Naibu:  Ndugu January Makamba, Mb.,
Wizara Ya Ardhi, Nyumba na Maendeleo ya Makazi
Waziri: Prof.  Anna K. Tibaijuka, Mb.,
Naibu: Ndugu Goodluck J. Ole-Madeye, Mb.,
Wizara ya  Maji
Waziri:  Prof. Jumanne Maghembe, Mb.,
Naibu:  Eng. Dr. Binilith Mahenge, Mb.,
Waziri asiyekuwa na Wizara Maalum
Prof. Mark Mwandosya, Mb.,
 Wizara Ya Kilimo, Chakula na Ushirika
Waziri:  Eng. Christopher Chiza, Mb.,
Naibu:  Ndugu Adam Malima, Mb.,
Wizara Ya Uchukuzi
Waziri:  Dr. Harrison Mwakyembe, Mb.,
Naibu:  Dr. Charles J. Tizeba, Mb.,
Wizara Ya Habari, Vijana, Utamaduni na Michezo
Waziri: Dr. Fenella E. Mukangara, Mb.,
Naibu:  Ndugu Amos Makala, Mb.,
Wizara Ya Maliasili na Utalii
Waziri:  Ndugu Khamis Kagasheki, Mb.,
Naibu:  Ndugu Lazaro Nyalandu, Mb.,
Wizara Ya Viwanda na Biashara
Waziri:  Dr. Abdallah O. Kigoda, Mb.,
Naibu:  Ndugu Gregory G. Teu, Mb.,
Wizara ya Fedha
Waziri:  Dr. William Mgimwa, Mb.,
Naibu:  Ndugu Janet Mbene, Mb.,
Naibu:  Ndugu Saada Mkuya Salum, Mb.,
Wizara ya Nishati na Madini
Waziri:  Prof. Sospeter Muhongo, Mb.,
Naibu:   Ndugu George Simbachawene, Mb.,
Naibu:  Stephen Maselle, Mb.,

Posted by on May 5, 2012 in Tanzania News


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Should you Pay in Cash instead of credit Card?

Should you Pay in Cash instead of credit Card?

In this article i will focus on just one technique to improve your finances by  taking a close look at how making purchases with cash can contribute to your ability to budget, save and invest.

A Plastic Affair

 With the proliferation of plastic  alternatives to hard currency, some people consider carrying cash a  throwback.
To be fair, plastic is much sexier than a piece of colored  paper with a dead president staring vaguely into the distance. Some banks even  allow you to customize the graphics that appear on the credit  card/debit card or choose from a range  of designs and colors the company is marketing.
There  is also the security advantage with debit and credit cards. Debit cards are  protected by your personal identification number (PIN) and credit cards by your  signature (and for some cards, a PIN number too). Cash is only protected by your  ability to defend it should someone else want to take it from you.
Moreover, nowadays cards are as widely accepted as cash shops. And yet, from a personal  finance view, cash is almost always the better choice for making a purchase.  Here’s why:
1. Overpaying

One of the drawbacks of credit and debit cards  is that they encourage you to spend more than you intend to by giving you easy  access to more capital. With cash, spending more than you intended requires  going to a bank or ATM to get more and then going back to the store to complete  the purchase. For most people, this provides time to reconsider whether their  budgets can handle any extra strain.
Generally speaking, only carrying  the cash you are prepared to pay for a given product will prevent you from  buying the next level up and paying for features you don’t need. This works for  small-scale purchases, but buying a computer or a car can involve large amounts  of cash that probably shouldn’t be carried around. If a check  can’t be used, a debit card is better  than a credit card because you are spending money you have rather than money you  don’t.

2. Over-Shopping
Just as  cards encourage overpaying for one item, they also allow you to buy more items  than you mean to. Stores are set up to make products appealing in order to  persuade shoppers to buy more. Sometimes a shopping list isn’t enough to protect  you from impulse buys.

According to the  Dunn & Bradstreet study found that people spend 12-18% more when using credit  cards than when using cash. And McDonald’s found that the average transaction  rose from $4.50 to $7 when customers used plastic instead of cash.
So  what can you do to avoid this? Only carrying enough cash to buy the things on  your list can limit the damage. This is  the best way to keep shopping within your budget. If you are motivated, you  will find discounts or cheaper alternatives to your regular brands to make that  cash go further and maybe earn yourself a luxury item.
3. Cash Vs. Credit Cards
 Cash in this article, is strictly limited to money you have already earned and is sitting  there for you to use. Using your Visa to take a cash  advance and then carrying the cash with you will not solve the essential  problem of using high-interest debt to cover your expenses.
Cash has one  very clear advantage over using a credit card: If you buy something on your  credit card and end up carrying a balance, or only make the minimum payment each  month, you will incur interest at a rate of 20% or more of your purchase (which  can have you paying Tsh.20,000/- or more for every Tshs.100,000/-  you spend). If you save up enough  cash for the same purchase, you are giving yourself the equivalent of a 20%  discount by not using your card. Before  you even sign up for a card, make sure you know what you’re getting into.
4. Cash Vs. Debit Cards
If this article were only  dealing with cash as a better alternative to credit cards, no one would dispute  it. In contrast, debit cards seem to enjoy a protected status despite the  overkill on ATM fees and foreign ATM fees. Forgetting the fees, a debit card’s  main failure is that is trivializes purchases. Being a square of plastic, it is  hard to tell how much of your money is flowing through your debit card.
For most people it becomes a matter of 10,000 shillings here, 100,000 Shillings there, another 40,000  over here and so on until  they give up keeping track of how much has been spent in a day – let alone a  month. Then it’s a shock to their systems when the monthly statement comes  and it’s far too late to do any good. With cash, you can see the damage as it is  done and hopefully curtail your spending before it gets out of  control.
The Bottom Line Using a credit or debit card  offers more security than cash in most cases. For large purchases, carrying cash  is often not an option and writing a check or getting a bank  draft  may be more trouble than it is worth for some. Furthermore, if a debit  card is used responsibly, it is an ideal replacement for cash. A credit card can  also be a convenient tool, but it’s only a fair substitute for cash when the  balance is paid in full at the end of each month. Otherwise, your ultimate  reward for paying with your credit card will be paying off an even bigger  debt.
If you struggle to avoid overspending, shopping with cash is one  way to stick to your budget and limit impulsive spending.
For more Saving and Budgeting Tips check Out My article here:



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After a successful launch of the Welfare Scheme for Tanzanians in the Diaspora (WESTADI) by His Excellency President of the United Republic of Tanzania, Dr. Jakaya Mrisho Kikwete in Dulles, Virginia in the USA, NSSF is delighted to announce that the scheme is from today  operational and can be accessed through the NSSF WEBSITE under the WESTADI Link on:  
The Scheme is an Insurance arrangement targeting to register Tanzanians who live and study all over the world.
*The Insured person will be supposed to pay a token Premium of $300 per year in return of a generous benefit packages.
The benefit package will include Repatriation Benefit that covers the cost of air carriage back home of a deceased Insured person’s body plus a free return air ticket for one accompanying person in the event of death. Alternatively, the scheme will cover the cost for burial services if the insured person opts to be buried overseas (respective Diaspora Country).
The Insured person will be allowed to choose and register next of kin who will lodge a claim in case of the Insured person`s passing on.
The Scheme will  also provide access to medical care to the Insured person when visiting Tanzania at any time and for whatever reason. The Insured person will also be asked to name any four dependants of his/her choice who are living in Tanzania who will be eligible to free medical care.
To qualify for the scheme`s generous packages the Insured person is required to be current on premium payment.
‘Plan your future today’ with WESTADI

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Weekend Read: Economist Article – Banking in the developing world

THE POOR ARE DIFFERENT   Apr 20th 2012, 8:32 by J.P. | LONDON

HOW many people in the world have bank accounts and what do they use them for? You would think there would be answers to those questions, given that banking is the quintessentially global business, and is important not only in the West but in developing countries, where banks can help poor people save, borrow and invest. Yet, until now, data on the global reach of financial institutions have been limited. The IMF publishes a financial access survey of depositors and borrowers. But there is little about how much people save or why they borrow. Especially little is known about the banking practices of the poor, women and young people. So a big data hole got plugged last year when the Gates Foundation, the World Bank and Gallup World Poll carried out the biggest survey yet of how people save, borrow, make payments and manage risk.

Roughly half of all adults in the world have an individual or joint bank account, according to the new Global Findex database. As one would expect, there is a big difference between banking in the West (where is 89% of adults have accounts) and the developing world (41%). The difference is wider still when it comes to credit cards; half of adults have them in the West, just 7% in developing countries.

Within countries, levels of banking climb sharply with income and education. In Africa, for instance, 55% of people with tertiary education have bank accounts. But only just over 10% of those with primary or no education do.

Banking displays a significant gender gap. In developing countries, 46% of adult men say they have an account, but only 37% of women. The gap is largest in South Asia and the Middle East and north Africa. It is a bit lower in the rest of Africa, where banking penetration as a whole is low: 27% of men have accounts, 22% of women.

The bigger surprises concern how people use banks and other financial institutions. One might expect that, outside the West, banks (which tend to be relatively expensive) would be used largely for business. Not at all. The vast majority of people in developing countries—88%—say they use banks solely for personal use. The commonest reason for taking out a loan, for example, is to pay for family emergencies (typically someone falling ill). That is followed by school fees, home construction and the expenses of a wedding or funeral. In Africa, 38% of those with bank accounts say they use them to receive remittances from family members abroad. One particularly important reason for having an account in Europe, Central Asia and Latin America is to bank money from the government, either salaries or benefits.

In comparison, banks do not seem to be used so much for what seems like a basic purpose: saving money. More than a third (36%) of adults said they had saved some money last year. But only a fifth (22%) said they used a bank or other formal financial institution to do it; 29% saved, but not at a bank (presumably they put the money under the mattress or used it to buy jewellery). A popular form of saving in Africa was the savings club. A group of people get together to bank their pennies regularly and each month the club pays out the entire pot to each member in turn.

The modest use of banks for saving points to what seems like the overall story that emerges from the research. The extent of banking around the world is much patchier and less predictable than one might expect. Of course, bank usage tends to increase with income both globally and within countries. But income does not seem to be the sole determinant. Ghana and Benin are near-neighbours in West Africa and have similar levels of income. Yet Ghana has three times as many banks per head of the adult population as Benin does. Nigeria and Cameron are neighbours and have roughly the same level of banking among the poorest fifth of their populations (17% of the lowest quintiles in each country have bank accounts). Yet rich Nigerians are almost three times more likely than rich Cameroonians to have accounts.

The moral is that other things matter as well as income. Policy makes a difference: does the government make it easy for banks to spread? The banks themselves make a difference: after lack of money, one of the commonest reasons people give for not having an account is the paperwork. And mobile phones make a huge difference. In Kenya, a stunning 68% of adults say they have used a mobile phone to send or receive money in the past 12 months. More than half of them have bank accounts.


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Posted by on April 28, 2012 in Books and Articles Reviews


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Evaluating Your Associations by Jim Rohn

A friend of mine sent me  this article by John Rohn; and i thought its worth sharing with You All.


I’d like for us to take a look at the power of influence in  our lives and how it is possible to be nudged off course a little at a time  until finally, we find ourselves asking, “How did I get here?”

We should ask ourselves three key questions:

1) “Who am I around?” You’ve got to evaluate  everybody who is able to influence you in any way.

2) “What are these associations doing to me?”  That’s a major question to ask. “What have they got me doing, listening to,  reading, thinking and feeling?” You’ve got to make a serious study of how  others are influencing you, both negatively and positively.

3) “Is that okay?” Maybe everyone you associate  with has been a positive, energizing influence. Then again, maybe there are  some bad apples in the bunch. All I’m suggesting here is that you take a close  and objective look. Everything is worth a second look, especially the power of  influence. Both will take you somewhere, but only one will take you in the  direction you need to go.

Only then can we discuss three ways to handle associations  or relationships that are holding you back.

1) Disassociate. This is not an easy decision, nor something  you should take lightly, but in some cases it may be essential. You may just  have to make the hard choice not to let certain negative influences affect you  anymore. It could be a choice that preserves the quality of your life.

2) Limited association. Spend major time with major  influences and minor time with minor influences. It is easy to do just the  opposite, but don’t fall into that trap. Take a look at your priorities and  your values. We have so little time at our disposal. Wouldn’t it make sense to  invest it wisely?

3) Expanding your associations. This is the one I suggest  you focus on the most. Find other successful people that you can spend more  time with. Invite them to lunch (pick up the tab) and ask them how they have  achieved so much or what makes them successful. Now, this is not just about  financial success; it can be someone who you want to learn from about having a  better marriage, being a better parent, having better health or a stronger  spiritual life.

It is called association on purpose—getting around the right  people by expanding your circle of influence. And when you do that, you will  naturally limit the relationships that are holding you back. Give it a try and  see for yourself.


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Africa Energy

African energy Eastern El Dorado? ( The Economist Paper – Apr 07th 2012)

At long last east Africa is beginning to realise its energy potential.

Symbion Power Plant. Picture by

Symbion Power Plant. Picture by

IN ENERGY terms, east Africa has long been the continent’s poor cousin. Until last year it was thought to have no more than 6 billion barrels of proven oil reserves, compared with 60 billion in west Africa and even more in the north. Since a third of the region’s imports are oil-related, it has been especially vulnerable to oil shocks. The World Bank says that, after poor governance, high energy costs are the biggest drag on east Africa’s economy.All that may be about to change. Kenya, the region’s biggest economy, was sent into delirium on March 26th by the announcement of a big oil strike in its wild north. A British oil firm, Tullow, now compares prospects in the Turkana region and across the border in Ethiopia to Britain’s bonanza from the North Sea. More wells will now be drilled across Kenya, which also holds out hopes for offshore exploration blocs.
Kenya’s find raised less joy in Uganda, where oil was first struck in 2006. Tullow, together with China’s CNOOC and Total of France, will start pumping it next year, initially at a paltry rate of 5,000 barrels a day (b/d). But the Lake Albert basin, which straddles the border between Uganda and Congo, holds over a billion barrels of proven reserves and possibly twice that in potential finds. Uganda has always played Oklahoma to Kenya’s Texas. It believed its bonanza had for once put it at an advantage: instead of importing oil through the Kenyan port of Mombasa, it would build a refinery and export petroleum products to Kenya at a premium. Uganda still has a head start, but Kenyan officials now see their country as a regional hub that combines geographical advantages, and its own newly discovered energy resources, with tax breaks, skills and services.

South Sudan, for years the largest oil producer in the region and locked in an oil dispute with Sudan, now wants to send crude out through Kenya on a pipeline to a proposed new port in Lamu (see map). Such a channel could also serve Ethiopia, which shares Kenya’s joy about their joint oil prospects. But their winnings pale next to those farther south. Tanzania has done well out of gold, earning record receipts of $2.1 billion last year, a 33% increase on 2010. It will do even better from gas. The past month has seen the discovery of enormous gas fields in Tanzanian offshore waters. That of Britain’s BG Group is big, Another, by Norway’s Statoil, is bigger. Statoil’s recent gas find alone is estimated to hold almost a billion barrels of oil equivalent (boe).

Happily, Tanzania’s gasfield extends south to Mozambique, where Italy’s Eni last month unveiled a find of 1.3 billion boe, matching similar finds by an American firm, Andarko. With plans to build a liquefied natural gas (LNG) terminal, Mozambique could be a big exporter within a decade. At least the vast and impoverished south of Tanzania and north of Mozambique will be opened up to much-needed investment.

Yet the region is not just excited about fossil fuels; a parallel push towards alternative energy is under way. Several east African countries are keen to realise the Rift Valley’s geothermal prospects. One of the world’s largest wind farms is being built-in Kenya not far from the new-found oil in Turkana. Its backers say it will produce 300MW, three times the total output of Rwanda.

That is a drop in the bucket for Ethiopia. Its rivers, plunging from well-watered highlands into deep canyons, have hydropower potential. Meles Zenawi, the prime minister, has ordered the construction of a series of dams at a total cost of over $8 billion. The jewel is the $4.7 billion Grand Ethiopian Renaissance Dam on the Blue Nile. This should generate 5,250MW when finished, increasing electricity production in the country fivefold, providing a surplus for export and allowing Ethiopia to open up as a manufacturer.

The arrival of potential energy wealth comes with risks. Instead of bringing the region together, petro-rivalry could drive it apart. The continued dispute between South Sudan and Sudan should serve as a warning. South Sudan has cut off its supply of 300,000 b/d to Sudan, most of which is destined for China, complaining that transit fees to Sudan’s export terminal are too high. The South Sudanese say Sudan has bombed its oil wells in recent weeks. Sudan whispers that South Sudan wants to replace Chinese oil companies with European ones. This is a sensitive point for Beijing: the Europeans have done especially well in the new scramble for oil in Africa.

Security is another potential problem, underscored by deadly grenade attacks in the Kenyan port of Mombasa this week by jihadists connected with Somalia’s al-Qaeda-linked Shabab militia. Heavily armed pastoralists like Kenya’s Turkana are unlikely to respect oil-company property. Ethiopia has hit gas in the Ogaden desert, and aChinese company, PetroTrans, wants to invest $4 billion there. But Mr Zenawi will have to win over the region’s restive ethnic Somali population. Many oilmen suspect that Somalia itself may contain the region’s energy mother-lode; war and piracy put it beyond reach.

Management is another test. Few of the region’s governments have the capacity to strike fair deals with big oil companies. Tanzania is not alone in limping along with out-of-date and unsuitable laws. Nor do many have a good record of managing public accounts for the general good. Uganda’s president, Yoweri Museveni, looks increasingly like a dynastic ruler bent on enriching his clan. Still, the region’s millions of struggling poor are likely to be better off even if, as usual, the rich skim off the cream.

My Views:

We must be thankful to God for endowing us with such wealth of energy.  However we need to learn from our past mistakes what happened in the mineral sector shouldnt happen in the energy sector.

First of all, we should ensure that we have technical expertise talking of energy experts, legal and financial experts who will safeguard our national interests.
 We wouldn’t want to go back in the days where we enter lopsided contracts that see us getting nothing and investors benefit to our detriment.

In the areas where we don’t have expertise let us outsource such services to international consulting firms with good reputation, definitely there is no free lunch in today’s world, we should pay for such expertise. This is what Dubai is doing…and they are far away.

And last but not least, let us learn from the countries that have been there before…..for gas deals, let us learn from Qatar…the leading gas producer. we should also learn from Ghana when it comes to oil.

Tukifanya haya, kweli Tanzania yenye neema tele inawezekana.


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Rest In Peace Steven Kanumba.

Thousands of people attended the funeral of Tanzania’s most Popular movie star The Great Steven Kanumba.

Kanumba was famous in Tanzania and Africa.

Kanumba ni Nyota Iliyozimika! Pigo Kubwa kwa wapenzi wa ‘Bongo’ Movies.

Rest in Peace Legend.


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Posted by on April 10, 2012 in Uncategorized


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Richer East African Community with poor people‏

The EAC charter puts people at the centre of integration efforts, but the welfare of East Africans themselves has not improved dramatically
By Christine Mungai  (published in the East African)
Posted  Saturday, April 7  2012 at  12:09

Richer East Africa

Richer East Africa

The East African Community is experiencing steady growth in trade volumes among member countries in a context of deepening integration and increased international investor interest, but this is not necessarily translating into a better standard of living of the people of East Africa. This is the fundamental message of the State of East Africa 2012 report, a comprehensive new survey by global think-tank Society for International Development (SID) that examines key trends in the region’s economy, demographics, infrastructure, human development and governance.
The report highlights the fact that, in the past decade, every economy in the EAC grew at a faster pace than its population, implying a collective rise in per capita income. But in truth, the number of East Africans living below the poverty line actually increased from 44 million to 53 million.

“We should all be getting richer, but the reality is, we aren’t,”

“We should all be getting richer, but the reality is, we aren’t,” says Aidan Eyakuze, SID programme director. “The reason for this is that inequality is both deepening and widening. Fewer people are enjoying the benefits of economic growth.”
EAC Secretary-General Dr Richard Sezibera, speaking at the report’s launch in Nairobi, said that equity and inclusion are critical. “The question we need to ask as a region is how can we benefit from the demographic dividend that an increased population bring us. We have to increase the skills base and entrepreneurial capacity. We can look to Asia for lessons, which did reap the benefits of the demographic dividend, or to Latin America, which failed to do so,” he added. “But we’ve made headway in these conversations. Now we are discussing how we should share the wealth. Ten years ago, we were discussing how to get out of poverty,” said Dr Sezibera.
Trade between the EAC countries almost doubled from $2.2 billion in 2005 to $4.1 billion in 2010, although regional trade with the rest of the world expanded faster, meaning that the relative share of intra-EAC trade has stayed around 21 per cent since 2005. “Europe enjoys 64 per cent internal trade; our 21 per cent is better than we thought, but we have to make efforts to do better,” said Betty Maina, chairperson of the Kenya Association of Manufacturers.
The region’s oil consumption rose from 96,000 barrels per day in 2003 to 144,000 barrels per day in 2010, with Kenya consuming more than all the other EAC countries put together. East Africa now accounts for 10 per cent of all mobile subscribers in Africa, with the number of mobile subscribers surging from just three million in 2002 to a staggering 64 million in 2010.
There has also been implicit integration of policy across the member states, such as drive for universal primary education, increase in healthcare spending, and an urgent new focus on infrastructure projects both within countries and across borders.
The EAC’s international profile has also been growing — the discovery of oil and gas in recent years, along with piracy off the Somali coast and the Al Qaeda terror link, make it an important geostrategic location. In recent months, at least three other countries in the wider East African region have expressed interest in joining the EAC — Sudan, South Sudan and Somalia.
“More countries have been knocking on the EAC’s door, because they see value in being part of the community,” said Mr Eyakuze.
But SID warns that despite deepening integration, the challenges facing the East African people have been intensifying. “The EAC charter puts people at the centre of integration efforts,” said Mr Eyakuze. “But the welfare of East Africans themselves has not improved dramatically.”
This is not to say that there have not been marked improvements in some areas. The region’s healthcare expenditure, for example, has risen dramatically in the past decade — Rwanda increased its spending fivefold from the year 2000 to $48 per capita in 2010. Uganda tripled its expenditure to $43 per capita; Kenya and Tanzania both doubled their healthcare spending to $33 and $25 per capita respectively. The statistics show that all the EAC countries record a significant improvement in the number of deliveries by a skilled birth attendant, from an average of 40 per cent in 2005 to 53 per cent in 2010. Maternal mortality too, has fallen in the region since 2000, from a high of 1,188 deaths per 100,000 births to 577 deaths.
“The health statistics show a better access to healthcare. But there is a very serious problem of chronic malnutrition in the EAC,” said Mr Eyakuze. “A quarter to a third of East African children are underweight or stunted, and this will affect them intellectually for life. So we are keeping them alive, but what kind of life are we condemning them to? What kind of future will the EAC have if a third of its citizens are intellectual underperformers?”
According to the Global Hunger Index published by the International Food Policy Research Institute, Burundi’s hunger situation has been classified as “extremely alarming” since 1990. Tanzania’s situation is “alarming,” while Uganda and Kenya are just marginally better at “serious.”
“High food prices are linked to a 62 per cent increase in cases of acute malnutrition in health centres and hospitals in Nairobi among young children between January and May 2011,” states the report. Education, too, apparently suffers from this lack of long-term strategic planning. “Universal primary education has been the focus, and countries have made great efforts. But it seems everyone is caught flat-footed after primary. There is a dramatic drop in enrolment at secondary level — Kenya is the highest at just 45 per cent,” said Ahmed Salim, principal author of the report. The researchers say that there needs to be deeper reflection on the real reason for integration, in order to put the welfare of East Africans at the heart of integration. “What these two examples suggest is that the focus has been on the immediate without investing in the less slightly dramatic but crucial long-term changes needed for East Africans to have a better life,” says Mr Salim.


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Facebook buys Instagram for $1 billion

Facebook buys Instagram for $1 billion

Mark Zuckerberg posted this in his page 22hours ago “I’m excited to share the news that we’ve agreed to acquire Instagram and that their talented team will be joining Facebook. For years, we’ve focused on building the best experience for sharing photos with your friends and family. Now, we’ll be able to work even more closely with the Instagram team to also offer the best experiences for sharing beautiful mobile photos with people based on your interests….”Being a huge fan of Instagram this caught my attention, Why did Facebook pay such a massive price for Instagram a company with a life of less than 2 years!!

Facebook users already upload an average of more than 250 million images daily, making it the most popular photo-sharing service on the Web; Not the best though. ” But it’s not the best by far and not the most mobile, which is Facebook’s biggest weakness — that has been accomplished many others, especially Instagram, the favorite of power users who scoffed at Facebook’s weak tools. (The horror of no filters!)” ~Kara Swisher, All Things D.



Facebook and Instagram are two distinct companies with two distinct personalities. Instagram has what Facebook craves – passionate community. People like Facebook. People use Facebook. People love Instagram. It is my single most-used app. followed by Twitter and BBM :)   I spend an hour a day on Instagram. I have made friends based on photos they share. I know how they feel, and how they see the world. Facebook lacks soul. Instagram is all soul and emotion. Facebook promises no kill, but will Instagram make it stronger? i hope they remain separate apps altogether.

On the business side point of view; Seeing the Instagram acquisition as merely quashing a potential competitor to one aspect of Facebook’s offering is far too narrow an outlook, though. Better, surely to view the deal against the increasingly familiar backdrop of Facebook’s “It’s complicated” relationship with Google and Apple. One of the things people like most about the Google+ social network is its photo-sharing features. Buying Instagram not only bolsters Facebook’s capabilities on that front – photo filters in its official app within a few months, anyone? – but also keeps the startup out of Google’s clutches, should it have been tempted to make its own acquisition bid.  says Stuart Dredge, The Guardian

Goodluck to Mark Zuckerberg, I think its a smart move. if you can not bet them join them.. at a huge cost!.




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Financial Planning tip; Create or Update your Will




Creating a Will is not our Culture; Majority of Tanzanians  don’t have a will and do not see the importance of having one. Many people think creating  a will is bad omen!

If you have dependents, no matter how little or how much you own, you need a will. If your situation isn’t too complicated you can even do your own with and find a lawyer to legalise it. Protect your loved ones. Write a will.

Who needs a Will?

1. Do you care who gets your property if you die?

2. Do you care who gets your money if you die?

3. Do you care who is appointed guardian of your minor children if you die?

Wills are not just for the rich. Regardless of how much or how little money you have, a will ensures that whatever personal belongings and assets you do have will go to family or beneficiaries you designate. Without a will, the court makes these decisions.

If you have children, a will is a must, to ensure that you get to choose your children’s guardian. Few people plan to die in the near future, but if you die suddenly without a will, you’ll be subjecting your family and loved ones to confusion and anxiety at what is already a difficult time.

Note that the best of wills won’t be any good if nobody knows how to find it. Make sure your family members and your executor know where your will is kept.

I will find a lawyer to guide us on how to go about creating a Will and share.  


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IMF sees Tanzania growth 6.5 to 7 pct in 2012-13 – Reuters

IMF imeripoti kuwa Uchumi wa Tanzania Unategemewa kupanda kwa asilimia 6.5 mpaka 7 kwa mwaka 2012-13.

Soma Zaidi Hapa chini:
Tanzania’s economy is projected to expand by 6.5 to 7 percent in 2012-13, up from about 6.3 percent in 2011, with its deficit cut to 5.5 percent of gross domestic product, the International Monetary Fund said on Tuesday.

The Washington-based IMF also said real Gross Domestic Product (GDP) grew 6.3 percent in the first nine months of 2011 and was expected to have maintained that pace in the final quarter of the year.

The IMF estimate echoes the World Bank’s forecast in February that east Africa’s second biggest economy could rebound to 7 percent growth in 2012-13, buoyed by the recovery of the global economy.

“For 2012-13, growth is projected in the 6.5-7 percent range … It was agreed that the authorities will pursue further fiscal consolidation to achieve an overall budget deficit of 5.5 percent of GDP in 2012-13,” the IMF said in a statement.

The IMF gave no explanation for the greater growth forecast.

Economic analysts say increasing investor interest in Tanzania’s telecommunications, energy and financial services sectors should help drive economic growth if the world economy recovers.

The IMF said in February that savings in Tanzania’s non-priority programmes were expected to reduce the budget deficit to around 6.5 percent of GDP by the end of June this year, and help tackle inflation.

“Monetary policy will need to be tight over the near term to keep underlying inflation low. Based on a projected improvement in the food situation in the region, headline inflation is projected to return to single digits by end-2012,” the IMF said.

The World Bank has a more optimistic forecast on Tanzania’s inflation rate, expecting it to fall to single digits by June from 19.7 percent in January, in line with government expectations.

A chronic energy shortage coupled with high inflation driven by food and fuel prices dampened growth in Tanzania last year.

“The increase in electricity tariffs by 40 percent in January 2012 was an important step in covering the associated higher cost of power generation. It will be important to ensure that tariffs continue to reflect the cost of power generation,” the IMF said.

The IMF said Tanzania had requested support from the fund’s precautionary stand-by credit facility (SCF) as a safety net for a possible global financial slowdown over the coming years, likely to be triggered by the ongoing euro zone crisis.

“The IMF’s Executive Board is expected to consider the fourth PSI (policy support instrument) review and the request for the precautionary SCF in June 2012.”

Reuters – March 13,2012


Posted by on April 5, 2012 in Business News, Tanzania News


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Michuzi Blog Yatambulisha Huduma ya bure ya WIFI kuvinjari blog yake bure

Hongera sana Issa michuzi!

Pata Taarifa kamili Hapa:

Tovuti yako uipendayo inakupa huduma ya kujivinjari bure kutoka Uhuruone

Muhidini Issa Michuzi akishikiriana na Uhuruone wanawapatia wakazi wote wa Dar es Salaam huduma ya “Wifi hotspots” ambayo itawapa wakazi wote wa Dar es Salaam huduma ya bure ya kutembelea tovuti ya Michuzi. Kwa kupitia mitambo yao ya “Wifi Mesh” iliyopo Dar es Salaam ambayo imeunganishwa na tovuti ya Michuzi,wakazi wa Dar es Salaam wanatangaziwa kwamba wawashe kompyuta zao na kuunganishwa na taarifa za punde bila gharama yoyote.

Akikaririwa katika mahojiano ndugu Issa Michuzi alisema hivi, “Ni mapinduzi ya kweli ambapo Watanzania wanachukua hatua katika kuleta taarifa mbalimbali kwa wananchi katika viwango nafuu. Ninaamini hii itaongeza mawasiliano kwa watu wetu na ni ndoto yangu kwamba tovuti ya Michuzi itakua huru kufika kwa Watanzania wote hivi karibuni”.

Akiwa ofisini Bwana Rajabu Katunda alisema, “Uhuruone imejikita katika kutoa huduma kwa jamii na tumegundua kwamba taarifa za kijamii zinatakiwa kuwafikia wanajamii kwa urahisi. Tovuti nyingi zinatembelewa na Watanzania waliopo nchi za nje kuliko wananchi waliopo nchini na hii siyo haki. Kama nina uwezo kupata taarifa kwenye tovuti ya Michuzi ni jukumu letu kama kampuni kuwawezesha watanzania waliopo nchini pia kupata huduma. Watanzania tunatakiwa kuwa na utamaduni wa kusaidiana na kupeana moyo na hii itasaidia kukuza uchumi wetu sio tu kununua na kuuza bidhaa kutoka nje.

Kwa pamoja Bwana Michuzi na Katunda wamesema huu ni mwanzo tu na wanaamini kwamba hili wazo litafuatwa na wengine. Kwa msisitizo Bwana Michuzi aliongea “Lazima tuonyeshe mfano kwa vitendo sio maneno tu. Tumechukua hatua ya kwanza katika kufanikisha ndoto, wengine wanatakiwa kujiunga kwenye mapinduzi haya na kufanikisha”

Kutembelea tovuti ya Michuzi bila gharama washa Wifi kwenye Ipad, Tablet, Simu au Laptop. Tafuta Michuzi blog Wifi, Unganisha ,fungua browser yako uipendayo mfano Chrome, Internet Explorer, Safari au Firefox na nenda kwa Issa

Kama hautaona tovuti ya Michuzi Wifi, tafadhali wasiliana na Uhuruone kwa email ifuatayo, au piga simu namba 255779477477 ili uweze kuunganishwa.


Posted by on March 28, 2012 in General Knowledge, Tanzania News


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Weekend review: Become Your Own Boss in 12Months by Melinda Emerson

Weekend review: Become Your Own Boss in 12Months by Melinda Emerson

Melinda Emerson, known as “SmallBizLady,” is one of America’s leading small business experts.  She is a seasoned entrepreneur, professional speaker, social media strategist and small business coach and the Start-Up columnist for Small Business Trends. Melinda is Forbes #1 Influential Woman for Entrepreneurs and ofcourse an Author of the Bestselling book ‘Become your own Boss in 12 Months’ I love this woman, i am following her on almost ALL social ,edia platforms, twitter,facebook,wordpress,Blogger you name it!  I keep asking myself.. I need to meet this woman and a learn a thing or two from her. Seriously.

About the Book

This book will inspire and guide you stage by stage if you are planning to start your business. You need to read this book before you go out and make any major moves. You’ll find it easy to read, well organized, and chock-full of useful information to get your started. What I really liked was that it’s not your typical business planning book as Melinda cares for your total entrepreneurial success – not just your business plan. She also gives advice on maximizing social media for your business and even touches on e-commerce as well. I highly recommend it for any aspiring entrepreneurs out there.

I short this book is;

  • Great book for starting entrepreneurs
  • Very well written
  • Breaks down the process of becoming an entrepreneur in a reasonable time-line
  • Not your typical “business planning” book (includes a life planning section amongst other unique sections)
  • Includes great advice on getting ready to start the business, leaving a job, marketing, even social media
  • Loved the way Melinda weaved her personal insights, advice, and tips into each chapter

For more articles from Melinda, visit her blog

Have a Blessed Weekend. Catch me up on #MonFinanceBlog facebook page.



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Finance Tip: Budget

For you to  be financially health, build yourself a solid budget  and stick to it.

This is just good sense for absolutely everyone – Men,Women, single,  married or divorced..Employed or student, Everyone.

Examine your monthly expenses, remembering to include  everything from housing costs, utilities, groceries, car payments, gasoline,  insurance and esthetics. Do the same for your income. Subtract your expenses  from your income, and see what you’ve got leftover. You can divide the remainder  up based on what you’d like to save and what you’d like to budget toward discretionary spending. Don’t  forget to factor in money towards repayment of credit card debt, student loans  or any other debts you may have. You’ll want to get debts  paid off as quickly as you can in order to save yourself those pesky  interest costs. You should also examine methods for reducing costs, like eating  meals at home or reducing the amount you spend on entertainment  expenses.



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Tips for Investing in Initial Public Offering (IPOs)

Most people think Stocks investments is just eating a piece of cake. You do not have to be there physically to control your investments, you just browse daily or weekly on Dar es Salaam Stock Exchange site and manage your portfolio and your money multiplies.

Sounds so much Easier. In the days of dotcom mania, investors could throw money into an IPO and be almost guaranteed killer returns. Numerous companies, experienced huge first-day gains, but ended up  disappointing investors in the long-term. People who had the foresight to get  in, and out, on some of these companies, made investing look way too easy.

However, no investment is a sure thing. Investors could no  longer expect the double and triple-digit gains they got in the early tech IPO  days simply by flipping stocks. There is  still money to be made in IPOs, but the focus has shifted from the quick buck to  the long-term outlook. Rather than trying to capitalize on a stock’s initial  bounce, investors are more inclined to carefully scrutinize long-term prospects.
IPOs can be a risky investment. For the individual investor, it is tough to  predict what the stock will do on its initial day of trading and in the near  future because there is often little historical data with which to  analyze the company. Also, most IPOs are of companies going through a  transitory growth period, which are subject to additional uncertainty regarding  their future values.


  ‘An IPO is The first sale of stock by a private company to the public. IPOs are  often issued by smaller, younger companies seeking the capital to  expand, but can also be done by large privately owned companies looking to  become publicly traded.’

 Even if you have a longer-term focus, finding a good IPO is difficult. IPOs have  many unique risks that make them different from the average stock which has been  trading for a while. If you do decide to take a chance on an IPO, here are five  points to keep in mind: 

1. Objective research is a scarce commodity 

Getting  information on companies set to go public is tough. Unlike most publicly traded  companies, private companies do not have swarms of  analysts covering them, attempting to uncover possible cracks in their corporate armor.  Remember that although most companies try to fully disclose all information in  their prospectus it is still written by  them and not by an unbiased third-party.

Search the Internet for  information on the company and its competitors, financing, past press releases,  as well as overall industry health. Even though info may be scarce, learning as  much as you can about the company is a crucial step in making a wise investment.  On the other hand, your research may lead to the discovery that a company’s  prospects are being overblown and that not acting on the investment opportunity  is the best idea.

2. Pick a company with strong brokers

Try to select a  company that has a strong underwriter.  I am not saying that the big investment banks never bring duds public, but in  general, quality brokerages bring quality companies public. Exercise more  caution when selecting smaller brokerages, because they may be willing to  underwrite any company.  However, one positive of smaller brokers is that, because of their smaller  client base, they make it easier for the individual investor to purchase pre-IPO  shares. Be aware  that most large brokerage firms will not allow your first investment to be an  IPO. The only individual investors who get in on IPOs are long-standing,  established (and often high-net-worth) customers. Of course in our country most of the brokerage firms aims at SELLING instead of ADVISING an investor.

3. Always read the prospectus

I have told you not to put all  your faith in it, but you should never skip reading the prospectus. It may be a  dry read, but the prospectus lays out the company’s risks and opportunities,  along with the proposed uses for the money raised by the IPO.

For example, if  the money is going to repay loans, or buy the equity from founders or private  investors, then look out! It is a bad sign if the company cannot afford to repay  its loans without issuing stock. Money that is going towards research, marketing  or expanding into new markets paints a better picture. Most companies have  learned that over-promising and under-delivering are mistakes often made by  those vying for marketplace success. Therefore, one of the biggest things to be  on the lookout for while reading a prospectus is an overly optimistic future  earnings outlook; this means reading the projected accounting figures carefully.
You can always request the prospectus from the broker bringing the  company public.  Get a professional to help you understand the prospectus because not anyone can read and understand the accounting information and statements disclosed in a prospectus.

4. Be cautious

Skepticism is a positive attribute to  cultivate in the IPO market. As i mentioned earlier, there is always a lot of  uncertainty surrounding IPOs, mainly because of the lack of available  information. Therefore, you should always approach an IPO with caution.
If your broker recommends an IPO, you should exercise increased caution.  This is a clear indication that most institutions and money managers have  graciously passed on the underwriter’s attempts to sell them stock. In this  situation, individual investors are likely getting the bottom feed, the  leftovers that the “big money” didn’t want. If your broker is strongly pitching  shares, there is probably a reason behind the high number of these available  stocks. This brings up an important point: even if you find a company going  public that you deem to be a worthwhile investment, it’s possible you won’t be  able to get shares. Brokers have a habit of saving their IPO allocations for  favored clients, so unless you are a high roller, chances are good that you  won’t be able to get in.

5. Consider waiting for the lock-up period to end

The lock-up period is a legally binding contract (Mostly 3 to 24 months)  between the underwriters and insiders of the company prohibiting them from  selling any shares of stock for a specified period.
The point here is that waiting until insiders are free to sell their shares is  not a bad strategy, because if they continue to hold stock once the lock-up  period has expired, it may be an indication that the company has a bright and  sustainable future. During the lock-up period, there is no way to tell whether  insiders would in fact be happy to take the spot price of the stock or not.

Let the market take its course before you take the plunge. A good company is  still going to be a good company, and a worthy investment, even after the  lock-up period expires.

The Bottom Line

By no means  I am suggesting that all IPOs should be avoided: some investors who have  bought stock at the IPO price have been rewarded handsomely by the companies in  question. Every month successful companies go public, but it is difficult to  sift through the riffraff and find the investments with the most potential. Just  keep in mind that when it comes to dealing with the IPO market, a skeptical and  informed investor is likely to perform much better than one who is not.

Happy reading and Go beat the Market!



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TAARIFA KWA VYOMBO VYA HABARI: Raisi Kikwete Ateua Wakuu wa Mikoa

Rais wa Jamhuri ya Muungano wa Tanzania, Mheshimiwa Jakaya Mrisho Kikwete, amewateua wafuatao kuwa Wakuu wa Mikoa.

Dkt. Rajab Mtumwa RUTENGWE ameteuliwa kuwa Mkuu wa Mkoa wa KATAVI. Kabla ya hapo Dkt. Rutengwe alikuwa Mkuu wa Wilaya ya Mpanda.

Ndugu Magalula Saidi MAGALULA ameteuliwa kuwa Mkuu wa Mkoa wa GEITA. Kabla ya hapo Ndugu MAGALULA alikuwa Mkuu wa Wilaya ya Lindi.

Ndugu Paschal Kulwa MABITI ameteuliwa kuwa Mkuu wa Mkoa wa SIMIYU. Kabla ya hapo Ndugu MABITI alikuwa Mkuu wa Wilaya ya Singida.

Kapt. Asery MSANGI ameteuliwa kuwa Mkuu wa Mkoa wa NJOMBE. Kabla ya hapo Kapt. MSANGI alikuwa Mkuu wa Wilaya ya Iringa.

Source: Channel Ten News Department.

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Posted by on March 15, 2012 in Tanzania News


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Wish you were Mine: Resource nationalism in Africa

Source: The Economist Paper

Tanzanite from Tanzania

Tanzanite from Tanzania

THE true extent of Africa’s vast wealth of resources is hard to guess. Geologists have picked over most of the rest of the globe in search of minerals, yet huge swathes of Africa remain largely unprobed. But the immense ore deposits so far discovered and soaring commodity prices on the back of rip-roaring Chinese demand have convinced the world’s miners that the continent is the next big frontier. Bumper profits have also spurred mineral-rich countries to seek a bigger share of the spoils.

The list of African governments that have miners in their sights is a long one. South Africa, home to the greatest mineral wealth in the world, estimated to be worth $2.5 trillion, is considering imposing a swingeing 50% windfall tax on mining “super profits” and a 50% capital-gains tax on the sale of prospecting rights. Those are among the proposals put forward by an independent panel of experts, set up by the ruling African National Congress (ANC) to study the possibility of greater state intervention in the mining sector.

Ghana, Africa’s second-biggest gold producer, recently announced a review and possible renegotiation of all mining contracts to ensure that mining profits are “maximised…[for] the good of the country”. It plans to raise taxes on mining companies, from 25% to 35%, and a windfall tax of 10% on “super profits” in addition to existing royalties on output of 5%. Zambia, which is Africa’s biggest copper producer, recently doubled its royalties on the metal, to 6%. Guinea, home to the world’s largest bauxite reserves as well as one of the world’s biggest iron-ore deposits, is helping itself to a 15% stake in all mining projects and an option to buy a further 20%. Namibia has decided to transfer all new mining and exploration to a state-owned company.

If miners in these countries feel hard-done by, they should count themselves lucky that they are not wielding their shovels in Zimbabwe. Its “indigenisation” policy will force foreign firms to “cede” a 51% stake to locals. Nigeria may renegotiate offshore oil contracts, because today’s “unfair fiscal terms” are costing the country $5 billion in lost revenue, it claims. And so it goes on. Right across the continent governments are seeking new ways to squeeze more out of foreign-owned firms growing rich off what lies beneath Africa’s soil. Resource nationalism is nothing new. Big Oil has suffered periodic bouts of nationalisation and sometimes seen contracts torn up in the Middle East and beyond that had run for more than 50 years. Nor is the practice confined to developing countries that feel they came off second-best when negotiating resource deals in years gone by. Australia is set to raise some $8 billion a year through a controversial new tax on miners; Britain has previously dipped into the profits of oil companies in the North Sea.

However, in the past year resource nationalism has jumped to the top of the list of things that worry the 30 biggest global miners. This was prompted by 25 countries worldwide announcing plans to boost their take of profits, according to a survey by Ernst & Young, a consultancy. A rapid rebound after commodity prices collapsed in the aftermath of the financial crisis in 2009 convinced cash-strapped governments that large multinationals were easy targets. In Africa mining companies are often especially vulnerable—they are usually the biggest corporate beasts around. Widespread poverty has provided a ready excuse for governments dependent on income from resources. The trick for miners is to ensure not only that the money keeps flowing but also that the miners agree to the spending on roads, railways, schools and hospitals that are now a customary part of the package the industry offers to acquire mineral rights.

Many feel abused but they do not have much choice. In a world where big new ore bodies are hard to find, most will keep coming back to Africa. Of the ten biggest mining deals to be completed last year, seven were in Africa, according to Ernst & Young. Even as governments move to grab bigger slices of the cake, high prices mean the miners remain profitable. Anglo American, a mining giant, has earmarked $8 billion for new platinum, diamond, iron ore and coal projects; Brazil’s Vale said in June that it plans to spend more than $12 billion over the next five years. Rio Tinto, which has not had an easy time with its mammoth African investment at Simandou in Guinea, also signalled it will stick with Africa. Many of the resources are spread across the continent fairly evenly, leaving miners with a choice about where to go. Given that mining investments can cost many billions of dollars and take up to a decade to show a profit, miners are understandably wary of working in countries where the fiscal rules change unpredictably. Zimbabwe’s new law requiring indigenisation, apparently without compensation, is clearly not designed to attract new foreign investment. The three biggest miners already operating there—Zimplats, Rio Tinto and Anglo Platinum—also face a doubling of royalties on platinum to 10%, along with a ban on raw platinum exports, that will oblige them to build a refinery in Zimbabwe at a cost of some $2 billion. Regardless of Zimbabwe’s heavy-handed treatment, mining companies do not necessarily object in principle to giving locals a larger stake in their operations. After the end of apartheid in South Africa, white mining bosses were at the forefront of drafting the country’s black-economic-empowerment laws. These require mining firms to sell stakes of at least 26% to black shareholders by 2014. The ANC-commissioned panel recommends that this be increased to 30%. The Chamber of Mines recently announced that on average its 33 members, representing three-quarters of the industry, had already achieved today’s target. Nonetheless, the government puts the black share at just 9%, as most black-owned shares were bought with borrowed money. This could mean trouble. Investors have been even more worried by the persistent demands of the ruling ANC’s powerful Youth League for nationalisation, with or without compensation. The ANC’s expert panel has come out strongly against the idea on the grounds that the official purchase of listed mining companies’ shares, at an estimated cost of 1 trillion rand ($130 billion), is far beyond the government’s means and implementing a Zimbabwe-style asset grab would be unconstitutional and counter-productive.

Most ministers are privately opposed to nationalisation. Many lived in exile in Zambia in the 1970s and 1980s when President Kenneth Kaunda nationalised the country’s copper mines—with disastrous effect. South Africa’s president, Jacob Zuma, continues to insist that nationalisation “is not government policy”. But investors remain nervous. Ernst & Young recently suggested that southern African countries such as Botswana, Mozambique and Namibia were becoming increasingly attractive mining destinations at the expense of South Africa, which has slipped 18 places since 2008, to 67th out of 79 countries in the annual survey of mining-investment attractiveness compiled by the Frazer Institute, a Canadian think tank.

Miners and governments often look enviously at Debswana, the successful 50-50 diamond joint venture between Botswana and De Beers, the world’s leading diamond firm. Set up over 30 years ago, it accounts for nearly a third of Botswana’s GDP, half of government revenues and around three-quarters of export earnings. Even though 80% of the profits go directly into government coffers, De Beers considers Debswana one of its best investments. So why is the model not being adopted everywhere?

Because, says James Suzman, public affairs director at De Beers, Botswana is unique. It has rich and productive mines, a stable and trustworthy government with one of Africa’s best records of good governance and it is a small country of 2m people where the impact on ordinary folk is huge, so everyone feels they are benefiting. In Namibia, where De Beers also operates, the cash-strapped government seems reluctant to carry its share of the investment burden. And even Botswana is not above a bit of resource nationalism.


Last year De Beers was obliged to move its London-based sorting operation to the country—and all the jobs and other economic benefits that go with it—in return for extending the renegotiating period for its diamond-sales agreement from five years to ten. Meanwhile Namdeb, a similar joint venture between De Beers and Namibia, has run into a trouble. Without new investment of around $1 billion, Namdeb says, its mines will have to close in the next couple of years. With it, they could probably be successfully exploited for another five decades.

Populist advocates of greater state participation in mining often forget that nationalisation, partial or complete, means that when the going gets tough, as it eventually will in a cyclical industry like mining, the state must be prepared to cough up, like any other shareholder, to keep the business afloat.

It is much easier for states to impose royalties on production volumes. These can be reaped whether or not the company is profitable. The art is in striking the right balance. African governments must not wring so much out of their resources today that the mining companies fail to invest for the future.

Tanzania Case:

Tanzania is very rich in mineral resources, we have Gold, Diamond, Tanzanite and the recent Gas deposits discoveries. According to the Tanzania Mining News, Tanzania gas discoveries may redifine Economy, the government of Tanzania is preparing the country’s economy for a significant increase in the country foreign investment inflow following the recent discoveries of natural offshore Tanzania gas deposits. More firms are coming in to invest the mining sector.

A recent released statement by Bank of Tanzania says between October 2010 and October 2011 Tanzania gold exports have witnessed a 33 percent increase as a result of an increase in the price of gold on the world market.


There is something here that Tanzania could learn from Big Brother South Africa…..what happened to the Bomani report on Reviewing Mining Contracts in TZ?  Are the Mining Companies already paying new 4% Loyalty fee imposed by the government? As we are about to hit the jackpot in the OIL and GAS industry, we should learn from our past mistakes and new developments as they happen elsewhere….be it in South Africa or Australia….. What is your views on the Economist article and Tanzania mining sector in general.




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TRA Introduces new Cargo Tracking System.

The Tanzania Revenue Authority has introduced a new system to track down shipments. The new Electronic Cargo Tracking System (ECTS) started yesterday 12th March,2012 with the intention to monitor the movement of goods under Customs control.

ECTS enables the tracking of a vehicle with goods from one point to another within Tanzania, though the coverage may be expanded in future if need arises. The following are some of the benefits of ECTS:-

1. To identify illegal diversion of goods which are under Customs control

2. Improved government revenue

3. Improved transit times

4. Real-time consignment tracking as opposed to manual tracking

5. Transparency

6. Uninterrupted movement of goods

7. Quick security bond cancellation

8. Increases truck turnaround time

For more Information on how this is going to work  visit TRA Site



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Weekend Review: Vitamins for the Minds by Jim Rohn

Every saturday i will be posting a book and or a web for you readers to read or visit. If you have a book or any reading reference you want to share please feel free to send it to me so that we can all share.
My first weekend post is a website by Jim Rohn. Jim Rohn is the America’s Foremost Business philosopher.

As a world-renowned author and success expert, Jim Rohn touched millions of lives during his 46-year career as a motivational speaker and messenger of positive life change.
For more information on Jim and his popular personal achievement resources or to subscribe to the weekly Jim Rohn Newsletter, visit

One of the things he talks about is Enterprise. Read below and see what he says about It.


Human beings have the remarkable ability to turn nothing into something. They can turn weeds into gardens and pennies into fortunes.

Enterprise is better than ease.

Showing a profit means touching something and leaving it better than you found it.

Enterprise is the hope of our future.

Profits are better than wages. Wages make you a living; profits make you a fortune.

We all know a variety of ways to make a living. What’s even more fascinating is figuring out ways to make a fortune.

Kids ought to have two bicycles, one to ride and one to rent.

Quotes by Jim Rohn, America’s Foremost Business Philosopher, reprinted with permission from Jim Rohn International ©2011.

Contributed by Ms. Sophia Byanaku.

Thank you so much Sophy. Keep on giving us the good stuff.



Posted by on March 10, 2012 in Books and Articles Reviews


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TWAA Women’s day Celebrations Breakfast Meeting

It was great honor to be invited at TWAA Breakfast meeting to celebrate women’s day. The event was very informative and educative. I met amazing Tanzania Women whom I have been looking up to all the time, Dr. Marina Njelekela, Sauda Simba Kilumanga, The Haki Elimu Executive Director Ms.Elizabeth Missokia, what a lady! And many more adorable women.

It was the best way to start my day and the year ahead!

Irene Kiwia - TWAA Founder and President

Irene Kiwia - TWAA Founder and President

The event took off by a moving speech from Irene Kiwia; Irene is the Managing director of Frontline Porter Novelli and TWAA Founder and President, in her speech Irene talked about the major enemies to women, I quote “On this day, all over the world, we consider both the steps forward towards better lives for women that have been taken in recent times, as well as the progress still required. Today I don’t want to talk about our women empowerment initiatives, TWAA, the Mentorship program and so many others! I want to talk about something even more serious… OUR ENEMIES! We spend time naming our enemies: patriarchal structures, discriminative legislative and political decisions, uncaring corporate entities, criminal menaces, culture-based ignorance and economic hardships! They all are significant things, and I am not suggesting that they are not… they are extremely significant! But I have felt for a long time now that something else is at the heart of female disempowerment. Something that isn’t as easy to deconstruct or dismantle. Something that is difficult to even name, and at times feels overwhelming to even think about!  I have had conversations about this several times and most seemed to agree with me that our biggest enemy, our worst evil ugly enemy is none other than US! Yes us women! When we don’t support one another, when we are jealous of one another, when we sabotage one another, when we judge and condemn one another, when we feel that other women are undeserving of success, when we bully, back stab, gossip, rating each other as low…. I can go on till tomorrow morning on the many different when’s”

Another person who presented during the event is Ms. Modesta Mahiga, Professional Approach Group MD whose presentation was based on this year’s international theme; “Connecting Girls: Inspiring Futures”

Another inspiring speech was from Dr. Njelekela who is the current Tanzanian Women of Achievement Awards Gender Champion, the Executive Director of Muhimbili National Hospital, a former MEWATA Chairperson and a past recipient of the prestigious Martin Luther King Drum Major Award for Justice. She  seized the opportunity to launch a girls empowerment initiative titled “Kinara ni Mimi Jasiri” where she will work with young girls in Lindi, Mtwara and Iringa who are facing challenges to overcome early pregnancies, early marriages, school dropouts, STD’s and HIV/AIDS infections. The project will focus on creating awareness, sensitizing the communities and creating a peer system that will empower girls with skills and knowledge needed to overcome these challenges and lead productive, educative and healthy lives.

From Left Myself, Robi Moro and Sophia Byanaku at the Event

From Left Myself, Robi Moro and Sophia Byanaku at the Event

After the speeches a lady called Jessica entertained us with her soulful voice, she sang the songs like I believe I can fly, Hero etc. beautiful voice.

To read more about the event, you can visit Frontline Porter Novelli Blog.

I did learn a lot from the meeting, entertained by Jessica’s beautiful voice and enjoyed the breakfast.

I say “Girl power” Truly great people usually don’t feel important; they make others feel important, Love each other, help a fellow woman, Empower a girl-child.

Be Empowered!


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Posted by on March 9, 2012 in General Knowledge, Tanzania News


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