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Tuesday, 26 September 2017

PRUDENTIAL CAPITAL MARKET UPDATE AS AT 25 SEPT. 2017

APOLOGIZING TO LONDON, UBER CEO OFFERS CHANGE TO KEEP LICENCE

A photo illustration shows the Uber app on a mobile telephone, as it is held up for a posed photograph in central London, Britain Sept. 22, 2017.
Uber's new boss Dara Khosrowshahi apologised to Londoners for the taxi app's mistakes and pledged to make changes as the Silicon Valley firm tries to overturn a decision to strip it of its licence in one of its major markets.

The British capital's transport regulator on Friday deemed Uber unfit to run a taxi service and decided not to renew its licence to operate, which will end this week, citing the firm's approach to reporting serious criminal offences and background checks on drivers.

Mayor Sadiq Khan, a Labour politician who has criticised the firm in the past, said on Monday he had asked Transport for London (TfL) to be available to meet CEO Khosrowshahi.


Uber's 40,000 drivers, one third of the city's total number of private hire vehicles, will continue to take passengers until an appeals process is exhausted, which is likely to take several months.

London police complained this year that the app, which is backed by Goldman Sachs and BlackRock, was either not disclosing, or taking too long to report, serious crimes including sexual assaults and that this put the public at risk.

RAIS WA JAMHURI YA MUUNGANO WA TANZANIA DKT. JOHN POMBE MAGUFULI AMEMALIZA ZIARA YA SIKU SITA (6) MKOANI ARUSHA, SEPTEMBA 25, 2017

Rais wa Jamhuri ya Muungano wa Tanzania Mheshimiwa Dkt. John Pombe Magufuli akizungumza na wananchi wa njiapanda ya KIA mara baada ya kusimamishwa msafara wake alipokuwa anaelekea katika uwanja wa ndege wa kimataifa KIA kuelekea Dar es salaam akitokea mkoa wa Arusha alipokuwa na ziara ya siku 6 kuanzia Septemba 20, 2017 hadi Septemba 25, 2017.
Baadhi ya wananchi wa njiapanda ya KIA wakishangilia kwa furaha wakati Rais wa Jamhuri ya Muungano wa Tanzania Mheshimiwa Dkt. John Pombe Magufuli akizungumza nao mara baada ya kusimamishwa msafara wake alipokuwa anaelekea katika uwanja wa ndege wa kimataifa KIA kuelekea Dar es salaam akitokea mkoa wa Arusha alipokuwa na ziara ya siku 6 kuanzia septemba 20, 2017 hadi Septemba 25, 2017. 
Rais wa Jamhuri ya Muungano wa Tanzania Mheshimiwa Dkt. John Pombe Magufuli akizungumza na wananchi wa njiapanda ya KIA mara baada ya kusimamishwa msafara wake alipokuwa anaelekea katika uwanja wa ndege wa kimataifa KIA kuelekea Dar es salaam akitokea mkoa wa Arusha alipokuwa na ziara ya siku 6 kuanzia Septemba 20, 2017 hadi Septemba 25, 2017. 
Rais wa Jamhuri ya Muungano wa Tanzania Mheshimiwa Dkt. John Pombe Magufuli akiwa pamoja na Bi. Anna Elisha Mgwila mkuu wa mkoa wa Kilimanjaro na Bw. Mrisho Gambo mkuu wa mkoa wa Arusha katika uwanja wa ndege wa kimataifa KIA kabla ya kuanza safari ya kuelekea Dar es salaam akitokea mkoa wa Arusha alipokuwa na ziara ya siku 6 kuanzia Septemba 20, 2017 hadi Septemba 25, 2017.
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RAIS DKT. JOHN POMBE MAGUFULI AZINDUA BARABARA YA KILOMITA 26 YA KIA - MERERANI MKOA WA MANYARA

Rais wa Jamhuri ya Muungano wa Tanzania Mheshimiwa Dkt. John Pombe Magufuli akisalimiana na mkuu wa mkoa wa Kilimanjaro Bi. Anna Mgwila mara baada ya kuwasili katika Uwanja wa Ndege wa Kimataifa wa Kilimanjaro KIA na kuelekea Mererani wilaya ya Simanjiro mkoa wa Manyara kwaajili ya ufunguzi wa barabara ya KIA – MERERANI yenye urefu wa km 26. Septemba, 20 ,2017.
Rais wa Jamhuri ya Muungano wa Tanzania Mheshimiwa Dkt. John Pombe Magufuli akisalimiana na mkuu wa mkoa wa Arusha Bw. Mrisho Gambo mara baada ya kuwasili katika Uwanja wa Ndege wa Kimataifa wa Kilimanjaro KIA na kuelekea Mererani wilaya ya Simanjiro mkoa wa Manyara kwaajili ya ufunguzi wa barabara ya KIA – MERERANI yenye urefu wa km 26. Septemba, 20 ,2017. 
Rais wa jamhuri ya Muungano wa Tanzania Dkt. John Pombe Magufuli akitembea pamoja na wakuu wa mikoa ya Kilimanjaro na Arusha mara baada ya kuwasili katika uwanja wa ndege wa kimataifa wa Kilimanjaro (KIA) tayari kuelekea katika uzinduzi wa barabara ya lami ya kilomita 26 kutoka Uwanja wa Ndege wa kimataifa wa kilimanjaro (KIA) katika mkoa wa Kilimanjaro hadi Mererani mkoani Manyara September 20, 2017.
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PRESIDENT JOHN MAGUFULI ROLLS OUT 3,000 ARMY JOBS

The Commander-in-Chief of the armed forces, President John Magufuli inspects a guard of honour during the pass-out parade for officer cadets at the Sheikh Amri Abeid Stadium in Arusha. A total of 422 Tanzania People's Defence Forces (TPDF) officer cadets were commissioned to the rank of Second Lieutenant, recently.
Arusha - The Commander-in- Chief of the armed forces, President John Magufuli, has rolled out an employment mat to 3,000 new soldiers, in addition to the government’s own intention to hire more than 50,000 fresh public servants.

Dr Magufuli revealed this while commissioning 422 officer cadets graduating from the Tanzania Military Academy (TMA). The parade of colours was held at Sheikh Amri Abeid Stadium in Arusha, being the first time for the event to take place in the city centre.

He directed the Ministry of Defence and National Service to ensure that new cadets graduating from various military training get assimilated into the army; “Because from what we have seen here, these recruits are well fitted out.”

Other than the army, the Head of State also promised windfall to other citizens as far as employment is concerned.

“We have been cleaning out ghost workers, unqualified imposters and corrupt officials from the government and public institutions and now we have ample vacancies to recruit new employees and soon more than 50,000 Tanzanians are going to get jobs in the government and public institutions,” said President Magufuli.

PRESIDENT JOHN MAGUFULI GIVES 24 MONTHS DODOMA RELOCATION ULTIMATUM


Arusha - Central government employees who are supposed to relocate to Dodoma, but will still be in Dar es Salaam come 2019 should consider themselves jobless, because even the State House will pack its bags in two years.

President John Magufuli revealed in Arusha that, he intends to move to Dodoma, the new capital city by the year 2019; “The Prime Minister, Mr Kassim Majaliwa has already shifted to Dodoma. The Vice-President, Mama Samia Suluhu Hassan on the other hand will be migrating there next year,” he stated.

“Therefore, after 2019, when the State House shifts to Dodoma it will be strange to see any ministry, central government offices and related institutions still sticking to Dar es Salaam and those that are going to be stubbornly clinging there, should consider themselves sacked automatically,” the Head of State insisted.

The President pointed out that there is no way that the country will continue to dillydally with the issue of moving its capital to Dodoma; "The Father of the Nation, Mwalimu Nyerere issued the directive way back in 1973 and it is unfathomable that we are still dragging our feet over the issue," he said.

TAMWA HAILS NEW DR ASHA-ROSE MIGIRO APPOINTMENT

Dr Asha-Rose Migiro.
Tanzania Media Women Association (TAMWA) has welcomed the appointment of Dr Asha-Rose Migiro to the United Nations (UN)’s High Level Advisory Board on Meditation.

A veteran journalist and TAMWA Executive Director, Ms Eda Sanga, described the nomination as an important leadership credit, not only to Dr Migiro as an individual, but to women in the country at large.

She said her appointment to the board showed confidence in her, the Tanzanian and African women in general over their leadership ability towards tackling challenges and other issues facing the continent.

“I am proud of her and we wish her the best of luck as she represents us (women), Tanzania and the rest of Africa at the World’s High Level Board on Meditation.

We hope to see her, Michelle Bachelet from Chile, Graça Machel from Mozambique and other appointees raise Africa’s voices, especially on women issues to the global body,” she said.

TANZANIA'S MAIDEN GEOPARK EYES 22BN/- FINANCIAL BOOST


China will provide Tanzania’s maiden Geopark with 10 million US dollars (over 22bn/-) financial support.

The Ngorongoro-Lengai Geopark is earmarked to cover 12,000 square kilometres of rocky hills, lengthy underground caves, lake basins, hominid discovery sites and the active Oldonyo L’engai, Volcano.

The Geopark will be the second in Africa, after the one in Morocco and the first South of the Sahara. Ngorongoro Conservation Area Authority (NCAA) Conservator Dr Freddy Manongi says of the Geopark, “While tourists from America and Europe prefer game driving into National Parks to view wildlife; the Chinese and other Asians are different.”

According to Dr Manongi, tourists from China, Korea, Japan and other Asian countries prefer seeing landscapes, mountains, caves, gorges and other geological features.

POLICE CORDON OFF MIRERANI TANZANITE GEMSTONE AREA


The Police Force has with immediate effect positioned its officers in and around Mirerani mines to control activities taking place and restrain any acts of theft of tanzanite gemstones that can only be found around that northern Tanzanian area.

Manyara Regional Police Commander Francis Massawe told the ‘Daily News’ that the police took action just as President John Magufuli gave orders to ensure the vital gemstones were not stolen, as it has proved to be the case in the past.

RPC Massawe said they had since positioned themselves well, and that they could now observe meticulously all activities taking place within the mines from Block A to D in terms of mining as well as storage of the tanzanite gems.

“As you are aware the president ordered the TPDF (Tanzania People’s Defence Forces) … through National Service to build a fence around the area.

PLAYERS EMBRACE SHIPPING REGULATOR


Players in the shipping industry have welcomed the envisaged National Shipping Agencies Corporation (NASAC), which they believe, will play a crucial role to improve efficiency, reduce costs and curb cheating by some unscrupulous ship liners.

Speaking in separate interviews with ‘Daily News’, some stakeholders accused ship owners of operating own in-house agencies, contrary to the law, expressing hopes that NASAC, as industry regulator, will address the malpractices.

The Shipping Agency Act restricts ownership of shipping agents to 51 per cent by Tanzanians but many multinational shipping lines have established their own agencies, elbowing out local players from the lucrative industry.

The Minister for Works, Transport and Communication, Prof Makame Mbarawa, on September 15, this year tabled for first reading in the National Assembly, the National Shipping Agencies Bill 2017, which seeks to establish the industry regulator.

The bill proposes transfer of all maritime regulatory functions from the Surface and Marine Transport Regulatory Authority (SUMATRA) to the new watchdog.

Monday, 25 September 2017

AN EMOTIONAL TRIBUTE IN MEMORY OF FORMER AfDB PRESIDENT BABACAR NDIAYE

President Adesina and Babacar Ndaye's family. 
Tribute to Babacar N'DIAYE, 21 September 2017.
Babacar Ndiaye, the Bank Group's fifth elected President, who served two terms between 1985 and 1995, passed away on July 13, 2017 in Senegal
ABIDJAN, Ivory Coast, September 23, 2017/ -- "Goodbye, Papa, farewell to the ambassador for Africa's development, rest in peace." In an intensely emotional tribute, the President of the African Development Bank (AfDB) (www.AfDB.org), Adesina Akinwumi, opened a ceremony honouring Babacar Ndiaye at the organisation's headquarters in Abidjan.

Photo album:  http://APO.af/LQgqUF

Watch the tribute video: http://APO.af/AuYy5N  (French)

Adesina announced that the AfDB headquarters auditorium will from now on be named Babacar Ndiaye Auditorium.

Babacar Ndiaye, the Bank Group's fifth elected President, who served two terms between 1985 and 1995, passed away on July 13, 2017 in Senegal.

With Ndiaye's widow and several children in attendance, as well as former AfDB President Kantinka Dr Kwame D. Fordwor, members of the Senegalese and Ivorian Governments, representatives of the diplomatic corps, and active and retired AfDB staff members. Adesina fondly recalled Babacar Ndiaye's complete and passionate commitment to the development of Africa.

"He was an AfDB icon, he was a father and mentor to every one of us, and emphatically launched the career of the Bank Group's current President. He inspired us. In losing him, Africa has lost one of its best sons."

AIRTEL YATOA PUNGUZO YA BEI KWA BIDHAA ZAKE

Meneja wa huduma kwa wateja Bi. Celine Njuju akionesha simu na vifaa vilivyopunguzwa bei katika maduka yote ya Airtel nchini, kulia ni Meneja mauzo wa bidhaa za mawasiliano Airtel Bw. Pascal Maziku. Ofa ya simu na vifaa hivyo vya mawasiliano pia inaambatana na ofa ya dakika za muda wa maongezi pamoja, bando la intaneti na SMS bila kikomo kwa meiji sita.

Kampuni ya simu za mkononi ya Airtel Tanzania imetoa rai kwa wateja kuhakikisha wananunua bidhaa bora zinazopatikana kwenye maduka yake kwani imetoa punguzo kubwa ya bei kwa bidhaa hizo.

Haya yamesemwa na Meneja wa Huduma kwa wateja Celina Njuju huku akithibitisha kuwa bidhaa hizo zitakuwa zikipatikana kwenye maduka yote ya Airtel na hivyo kuwashauri wateja kuhahakisha kuwa wanatumia nafasi hiyo kujipatia bidhaa bora kwa punguzo la bei.

Tunataka wateja wafaidi fedha zao, siku zimepita ambapo Watanzania walikuwa wanaenda madukani na kununua bidhaa feki kwani kwa sasa tunazo bidhaa halisi kabisa ambazo zinapatikana kwa bei nafuu, alisema Njuju.

Kulingana na Njuju, Wingle USB Modem ambayo hapo awali ilikuwa ikipatikana kwa Tshs60,000 kwa sasa itakuwa ikipatikana kwa Tshs45,000 pamoja na kifurushi cha intaneti cha bure cha 5GB. Uzuri wa hii modem ni kwamba unaweza ukatumiwa na watu mpaka kumi kwa wakati mmoja, alisema Njuju huku akiongeza ya kwamba modem hii inafaa sana kwa watu wanaofanya kazi maofisini, wafanya biashara na wanafunzi.

5 MUST-HAVE TECH ACCESSORIES FOR THE iPHONE 8 and 8 PLUS


The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase.

The iPhone 8 and 8 Plus are almost here, and while the hardware itself is exciting, you can take advantage of many of their extra features with some accessories. 
Fast charging and wireless charging may be supported, but neither of those features will work with what comes in the iPhone's box. But we've got you covered. 
While this list covers the essentials, I've also provided links to a couple of our guides and other iPhone articles, so you can see a whole lot more of your options.

PRUDENTIAL CAPITAL MARKET UPDATE AS AT 22 SEPT. 2017

Saturday, 23 September 2017

AfDB, AU, UN AGENCIES PLEDGE MORE ACTION FOR AFRICA'S INDUSTRIAL TRANSFORMATION


The African Development Bank (AfDB) on Thursday, September 21, 2017, joined partners from the African Union Commission, African governments, key United Nations agencies and development finance institutions to renew support for African countries’ industrialization. 
The partners also agreed to undertake and implement joint programmes for increased development impact, especially in the mobilization of adequate resources to enable the full implementation of the Third Industrial Development Decade for Africa(IDDA III). 
The commitments were made at a high-level event on the “Third Industrial Development Decade for Africa (2016-2025): From political commitment to actions on the ground” held on the sidelines of the United Nations General Assembly in New York.
In 2016, the AfDB developed, together with the United Nations Industrial Development Organization (UNIDO) and the UN Economic Commission for Africa (ECA), an ambitious Industrialize Africa strategy that aims at more than doubling the continent’s industrial GDP. 

THE THIRD INDUSTRIAL DEVELOPMENT DECADE FOR AFRICA: FROM POLITICAL COMMITMENT TO ACTIONS ON THE GROUND


African leaders, UN officials, and representatives of international finance institutions and of the private sector met on Thursday, September 21 at the United Nations Headquarters to reaffirm their commitment to a broad-based international partnership to industrialize Africa in a socially inclusive and environmentally sustainable manner. The African Development Bank was represented by Amadou Hott, the Bank’s Vice-President for Power, Energy, Climate and Green Growth.

Africa share of global manufacturing stagnated below 2% over the last decade. Unemployment and poverty are serious concerns for the continent, where more than 70 percent of the working age population is unemployed or has no job security, prompting the UN to declare 2016-2025 as the Third Industrial Development Decade for Africa (IDDA III). Earlier in 2016, the AfDB developed together with the United Nations Industrial Development Organization and the UN Economic Commission for Africa (ECA) an ambitious Industrialize Africa strategy that aims at more than doubling the continent’s industrial GDP.

DUTCH PAINT MANUFACTURER, AKZONOBEL ADOPTS FRESH STRATEGY TO GROW THE PAINTS AND COATINGS BUSINESS IN THE EAST AFRICA MARKET

AkzoNobel, owner of Sadolin paint brand strategically places itself to grow in the East Africa market

AkzoNobel, a leading paints and coatings company recently announced its commitment to the East Africa market and the continuation of its Decorative brand, Sadolin, a household paint brand in Uganda, Kenya and Tanzania. Following the announced acquisition of its AkzoNobel Paints Licensee, Sadolin Paints East Africa Limited, by its competitor Kansai Plascon, the decision was taken to issue notice of cancellation to the licensee.

Additionally with the successful global acquisition of an industrial coatings business in 2016, AkzoNobel adopts a new approach in its strategy to grow the paints and coatings business in the East Africa market

Johann Smidt, Director for AkzoNobel Decorative Paints in Sub-Saharan Africa said, “East Africa is an important part of the Sub-Saharan Africa business for Decorative Paints. It is a dynamic market that has seen many changes in the last few years and is showing potential for growth and innovation. The Decorative Paints business has not formed a legal entity to sell and distribute Sadolin in East Africa. We are currently in the final stages of signing a sales, manufacturing and distribution agreement with a local partner which further solidifies our commitment to the region. With this agreement, we hope to invest in manufacturing plants which will result in jobs created and will in turn stimulate the economy in East Africa.”

Friday, 22 September 2017

TANZANIA TELECOMMUNICATIONS COMPANY LTD NEEDS NEW STRATEGIES TO CONQUER MARKET - MINISTER

The Minister of Works, Transport and Communication, Prof. Makame Mbarawa.
The state-owned Tanzania Telecommunication Company Limited (TTCL) needs to set up business strategies that will help to boost its market share in the competitive telecom industry, the Minister of Works, Transport and Communication, Prof Makame Mbarawa said.

Prof Makame Mbarawa said that the government was doing all it can to make the company reclaim its lost glory but there must be new strategies to conquer the market and establish itself as force to reckon with.

“You need to change your marketing strategies which are still very poor,” said the minister after he inaugurated the new TTCL board in Dar es Salaam yesterday.

“The business in the telecommunication sector is changing rapidly from voice to data calling for new market strategies in order to maintain positive growth trend.”

According to the Tanzania Communication Regulatory Authority (TCRA) quarterly communications statistics report for June-April, TTCL has only 410,000 voice telecom subscribers representing about one per cent of more than 40 million total subscriptions in the country.

NMB BANK PLC CEO PAYS COURTESY CALL ON VICE-PRESIDENT

Vice-President, Ms. Samia Suluhu Hassan greets NMB Bank Plc Chief Executive Officer, Ms. Ineke Bussemaker, when she paid a courtesy call at State House in Dar es Salaam yesterday.

MAENDELEO BANK TO MIGRATE TO DAR ES SALAAM STOCK EXCHANGE MAIN MARKET

The Minister for Finance and Planning, Dr. Philip Mpango (second left) cuts a ribbon to inaugurate the secondary offering of 10.5bn/- of the Maendeleo Bank Plc in Dar es Salaam yesterday. With him is Archbishop of the Eastern and Coastal Diocese for the Evangelical Lutheran Church of Tanzania, Bishop Dr. Alex Malasusa (first left), the Chairperson of the Board of Directors of the bank, Mr. Amulike Ngeliama (right) and Managing Director, Mr. Ibrahim Mwangalaba.
Maendeleo Bank is set to become the first firm to graduate from Dar es Salaam Stock Exchange (DSE)’s lower market to the main investment market (MIM) in December after meeting the qualifying requirements.

Maendeleo Bank, the first to list on DSE’s alternative market 2013, has applied to list its new 17.6 million shares to MIM. Migration to the DSE’s main market will come after completing its secondary offering expected to raise 10.5bn/- in 45 days.

DSE’s Manager—Finance and Research Mr Ibrahim Mshindo said the bank met all set stipulated to graduate to the main investment market (MIM).

“Maendeleo (bank) has demonstrated a clean profitability record in the last three years, which is the main condition to migrate,” Mr Mshindo told the `Daly News’ at the sideline of official launching of the secondary offering of the bank which has 50 per cent green shoe option.

UNITED BANK FOR AFRICA LAUNCHES 24HR SERVICE CENTRE

UBA managing director Peter Makau. 
In Summary

CFC will allow interaction with customers through telephone, email and social media, according to UBA managing director Peter Makau. The centre was launched on Wednesday September 20, 2017.

Dar es Salaam. United Bank for Africa (UBA) Tanzania Limited has established a customer centre dubbed Customer Fulfilment Centre (CFC), which will provide financial and business information for 24 hours.

CFC will allow interaction with customers through telephone, email and social media, according to UBA managing director Peter Makau. The centre was launched on Wednesday September 20, 2017.

“CFC is a 24/7 customer interactive, which is a one stop shop for financial and business services information and it’s a crucial link between UBA customers and the bank," he said.


IMF NOW FAULTS REGION’S BUDGET PREPARATION


In Summary

The IMF has asked the ministries of finance to employ staff with skills in economics and finance and a good understanding of government programmes to help in preparing budgets that will ensure mid and long-term goals are achieved.

Nairobi. The International Monetary Fund has faulted the budget-making process in Tanzania, Kenya and Uganda terming it narrow and formalistic without any connection with future targets, resulting in unreliable estimates.

The IMF has asked the ministries of finance to employ staff with skills in economics and finance and a good understanding of government programmes to help in preparing budgets that will ensure mid and long-term goals are achieved.

Currently, line ministries make their cash requests to the Treasury whose only concern is whether the ministry factored in its estimates relevant government policies, the impact of new legislation, and inflation.

HALOTEL TANZANIA NOW TARGETS TO CONNECT OVER 100 VILLAGES

In Summary

That agreement will see Halotel Tanzania, in partnership with the UCSAF, install 47 new towers throughout the country to connect rural areas with communication network, the company said on Thursday, September 21.

Morogoro. Halotel targets to cover more than 100 villages situated near the country’s borders with communication network after signing an agreement with the Universal Communication Services Access Fund (UCSAF).
That agreement will see Halotel Tanzania, in partnership with the UCSAF, install 47 new towers throughout the country to connect rural areas with communication network, the company said on Thursday, September 21.
Speaking during the launch of one of the newly constructed towers in Gairo Municipality, Morogoro Region, Halotel Tanzania Engineering and Technical Deputy Director Trieu Thanh Binh said the company was committed to honouring the agreement entered with the government to ensure the goal to connect rural areas with communication services was attained.

QNET TO BOOST DIRECT SELLING AND CREATE ENTREPRENEURSHIP OPPORTUNITIES IN TANZANIA

From left: QNET Board Adviser, David Sharma, Deputy Minister for Health, Community Development, Children and Elderly, Hamisi Kigwangalla; Permanent Secretary for Trade, Industry and Investment Adelhelm Meru and QNET Country Representative for Tanzania, Benjamin Mariki cut the ribbon during the opening of QNET Agent office in Tanzania.

Tanzania, 21 September 2017 - QNET, a company of Asian heritage and a part of the US $200 billion global direct selling industry is honored and excited to enter the buoyant direct selling sector in Eastern Africa, and expects to offer world class quality consumer products and to elevate standards of living by garnering the spirit of entrepreneurship to all individuals, even those with little business background. QNET’s product offering include a wide range of world-acclaimed lifestyle and wellness products such as personal care, nutrition, cosmetics, home care and body, water energies, jewelry and watches as well as holiday packages.

QNET, optimizing its existing e-commerce platform currently has three easily accessible local agents in West Africa, namely Mali, Cote d’Ivoire and Burkina Faso. These agents serve as the liaison between QNET, its Independent Representatives (IRs) and customers with their enquiries, delivery of products and the display of product range so as to enable people to view for themselves some of the products sold online. QNET is planning to engage a local agency in Tanzania soon to provide the best customer service in the country.

“QNET is proud to be in Tanzania and is committed to working closely with the local government officials and authorities to create more entrepreneurial opportunities for the local community. Direct selling which is the marketing and selling of products directly to consumers away from a fixed retail location, provides people a great alternative platform to join entrepreneurship” said Mr. David K Sharma, Advisor to QNET Board of Directors.

ETIHAD AVIATION GROUP ANNOUNCES NEW EXECUTIVE APPOINTMENT

Mana Mohamed Saeed Al Mulla - Chief Group Support Services Officer at Etihad Aviation Group.
  • Mana Mohamed Saeed Al Mulla appointed to the leadership team as Chief Group Support Services Officer 
Abu Dhabi, UAE – Etihad Aviation Group (EAG) today announced the appointment of Mana Mohamed Saeed Al Mulla as Chief Group Support Services Officer, responsible for a range of support functions, including IT Services, Procurement and Supply Management, and Property and Facilities Management. He will report directly to the Group Chief Executive Officer.

Mr Al Mulla joins Etihad Aviation Group from Khalifa Industrial Zone (KIZAD) where he served as Chief Executive Officer from 2015. Prior to that, he was Vice President – Corporate Support of Abu Dhabi Ports, and Managing Director of Dubai Refreshments Company PJSC.

He is a well-known business leader in the Middle East and has an extensive network of relationships with major firms and business communities across the UAE.

TRUMP PRAISES HEALTH CARE OF NAMBIA, A NONEXISTENT COUNTRY


(CNN) - President Donald Trump lavished praise on the health care system of Nambia during a speech at the United Nations. But there's one little problem -- there's no such country.

"In Guinea and Nigeria, you fought a horrifying Ebola outbreak," Trump told African leaders gathered Wednesday. "Nambia's health system is increasingly self-sufficient."

Trump mentioned Nambia twice during the session attended by leaders of several nations, including Ghana, Namibia and Uganda.

The gaffe lit up social media, with many speculating whether he meant Namibia, Zambia or Gambia.

The White House later clarified that Trump was talking about the southwestern African nation of Namibia. Namibia dodged the Ebola outbreak that killed thousands in Africa two years ago and affected several nations, including the United States.

PRUDENTIAL CAPITAL MARKET UPDATE AS AT 21 SEPT. 2017

BIG-TIME INVESTORS PUMP IN $4.250BN - TANZANIA INVESTMENT CENTRE

Tanzania Investment Centre Public Relations Manager, Pendo Gondwe.
Tanzania has attracted nine big investments during FY 2016/17 worth $4.259bn compared to FY 2015/16 valued at $5.89bn only, according to data from the Tanzania Investment Centre (TIC).

In an exclusive interview with the ‘Daily News’ in Dar es Salaam on Wednesday, TIC Public Relations Manager Pendo Gondwe, said global reports rank Tanzania among the best destinations for investment in Africa.

Ms Gondwe also disclosed that newly registered investments each accounts for not less than $100m, citing the key areas that had attracted investors as agriculture, fishing, energy and constructions and transportation – all of which reflect the country’s focus towards industrial economy.

However, she rubbished reports that Tanzania was an ‘unfriendly investment environment’ and advised Tanzanians not to join those painting a bad image about the country. Ms Gondwe said the nine big investors registered in 2016/17 were from the United Kingdom, India, China, Libya, Iran, Mauritius, Congo and Luxembourg.

The World Economic Report 2017 ranked Tanzania top in East Africa for receiving foreign direct investments (FDIs) worth $1.35bn, followed by Uganda $541m, Rwanda $410m, Kenya $394m and Burundi $0.1m.