The PBZ marketing manager Mr Rajabu Zuberi said in an interview in Dar es Salaam on Wednesday that the branch would be opened before the end of this year.

“Our strategy is to extend our services in Tanzania Mainland and to enable low income citizens to access financial services,” he told The Citizen at the ongoing entrepreneur’s exhibition in the city.

He said the minimum deposits required to open a bank account would be Sh10, 000.

Mr Zuberi said that so far the bank

[...]Endelea hapa "People’s Bank of Zanzibar Limited to open its first branch in Dar"

Benki Kuu ya Tanzania (BoT), imesema inatarajia kuchapisha noti mpya hivi karibuni.

Hayo yalisemwa jana jijini Dar es salaam na Ofisa Tawala wa benki hiyo, Harry Mwansembo, katika maonyesho ya kimataifa ya biashara yanayoendelea.

Alisema noti hizo zitakuwa kwenye mzunguko na noti za sasa hadi zitakapobadilishwa na zile za zamani zote kuondoka katika mzunguko.

“Noti mpya zikija zitakaa katika mzunguko na hizi za sasa hadi BoT itakapohakikisha zile za zamani zimerudi zote na haziko katika mzunguko,” alisema.

Aliongeza kuwa zitakapoanza kutumika noti mpya, wananchi wataelimishwa kuhusu alama ambazo watatumia kuzitambua ili kuepuka matapeli ambao wanaweza kujaribu kuzighushi.

Alisema kutakuwa na alama za uficho ambazo hata matapeli yakijitahidi

[...]Endelea hapa "Noti mpya zinakuja-BoT"

MWENYEKITI wa kamati ya Katiba Sheria na Utawala Bora, Haji Mkema Haji, amesema kamati yake haikuridhishwa na kiwango cha mapato kilichokusanywa na ofisi ya Mdhibiti Mkaguzi Mkuu wa Hesabu za Serikali, (CAG) katika mwaka 2009/2010.

Hayo alielezwa katika Ukumbi wa Baraza la wawakilishi wakati akiwasilisha hotuba ya Kamati ya Katiba na Sheria juu ya mapato na matumizi ya mwaka 2010/2011.

Mkema alifahamisha kuwa ofisi hiyo ilikadiriwa kukusanya sh 4,000,000, hadi kufikia Machi 2010 ambapo ilikusanya sh 2,500,000 kutokana na makusanyo hayo kuwa madogo, kamati ya katiba sheria na utawala bora imeiomba ofisi hiyo kuyachukulia hatua mashirika yote ambayo hayakutoa ada za uchunguzi wa hesabu.

Hatua hiyo

[...]Endelea hapa "Kamati ya Sheria haijaridhishwa na CAG"

KAMBI ya upinzani katika baraza la wawakilishi Zanzibar imesema ipo haja kwa serikali kuonesha mafanikio yaliopatikana katika kipindi kilichopita katika sekta za utalii na kilimo kwa kuyaeleza kwa kina katika
bajeti yake ya mwaka huu.

Hayo yameelezwa na waziri kivuli wa wizara ya nchi katiba na utawala bora, Said Ali Mbarouk alipokuwa akiwasilisha hutuba yake jana katika kikao cha baraza la wawakilishi kinachoendelea Maisara Mjini Zanzibar.

Alisema hotuba ya bajeti ya mwaka huu wa fedha umeleza kuwa serikali imepata mafanikio makubwa na kutoa mifano ya kumekuwa na ongezeko la uimarikaji wa miundo mbinu, kuanzishwa kwa shule za wakulima, kuanzishwa kwa miundo mbinu ya mabonde ya umwagiliaji

[...]Endelea hapa "Serikali uchambue mafanikio upinzani"

The report shows that, the surplus shoot up from a deficit of $2.7 million (about Sh3.7 billion) during in the 12-month period ending on March last year.

The report said that, the surplus arose from current transfers and exports proceeds, noting that during the period, transfers increased by $19.2 million to $62.7 million, whereas export of goods and services increased by $13.3 million to $125.1 million

The central bank bulletin added that, the Isle’s export of goods and

[...]Endelea hapa "Isle current account balance records Sh45.6 bn surplus"

President Amani Karume told members of the Zanzibar business community gathered at the 4th Zanzibar Business Council meeting held at Bwawani Hotel today.

He said due to availability of reliable power supply on Pemba Island and in the near future on Unguja Island, a conducive environment was in the offing and better opportunities would soon be in place.

Mr Karume urged participants including senior ministers in his government such as the Chief Minister, Mr

[...]Endelea hapa "Karume pledges more trade incentives"

RAIS wa Zanzibar na Mwenyekiti wa Baraza la Mapinduzi, Amani Abeid Karume leo anatarajiwa kufungua mkutano wa baraza la biashara la Zanzibar utakaoangalia jinsi gani Zanzibar itashiriki kwenye soko la pamoja la Afrika ya Mashariki.

Lengo la mkutano huo ni kuwaelimisha wafanyabiashara wa Zanzibar juu ya umuhimu wa kulitumia soko la pamoja na kuyapatia ufumbuzi matatizo yao watakayokabiliana nayo katika soko hilo.

Akizungumza na waandishi wa habari Mjini Zanzibar Katibu mtendaji wa Jumuiya hiyo Ali Haji Vuai, alisema mkutano huo utatoa fursa ya wafanyabiashara wa

[...]Endelea hapa "Baraza la Biashara ZNZ Kujadili Soko la Pamoja"

Official statistics put the number of people living in abject poverty in the whole of Zanzibar at 139,150, with over half of them residing in Pemba. The residents of Micheweni district in Pemba, the statistics show, are the poorest among Zanzibaris.

With over 30,000 residents of Micheweni living in abject poverty, the district accounts for over 38 per cent of people who can hardly get enough food in Pemba and over 20 per cent for

[...]Endelea hapa "Pressure mounts on Zanzibar to diversify economy"

Z’bar annual headline inflation rate increased to 5.2 per cent last December from 4.7 per cent in the year ended November 2009.

The Bank of Tanzania (BoT) attributed the trend mainly to rises in food and other commodities.
The annual food inflation rate increased to 7.1 per cent in December from the 6.8 per cent the previous month because average prices of fish, sugar and maize flour jumped.

“The average prices of fish and sugar increased from Sh3,763 and Sh1,080 in December 2008 to Sh4,116 and Sh1,249 per kilo respectively in December 2009,” it noted.

Late last December; Zanzibar was plunged into darkness following a breakdown

[...]Endelea hapa "Z’bar headline inflation climbs, says BoT review"

However, official figures obtained by this paper show, that despite the impressive gross domestic (GDP) performance, a majority of the Islanders are still poor, with 16 per cent of the rural dwellers living below the food poverty line.

The government says that had it not been for the global recession, the size of the

Life expectancy jumped to nearly 60 years in 2008, from 56 years in 2003
economy would stand at more than Sh1 trillion when

[...]Endelea hapa "Z’bar economy grows 4 times"