Tanzania – .:EABizInfo.Com. http://www.eabizinfo.com East African Business News - Tanzania Business News Kenya Business News Uganda Business News Rwanda Business News Burundi Business News Habari Za Biashara Afrika Mashariki Thu, 19 Oct 2017 19:50:00 +0000 en-US hourly 1 70759117 Nicol Eyes Dar Bourse Re-Listing http://www.eabizinfo.com/2017/10/19/nicol-eyes-dar-bourse-re-listing/ http://www.eabizinfo.com/2017/10/19/nicol-eyes-dar-bourse-re-listing/#respond Thu, 19 Oct 2017 15:03:00 +0000 http://www.eabizinfo.com/2017/10/19/nicol-eyes-dar-bourse-re-listing/ By Abduel Elinaza

NATIONAL Investment Company Limited (NICOL) Group has posted a slight profit increase in the first half of this year as it revives re-listing bid on Dar es Salaam Stock Exchange (DSE).

The mutual fund delisted from DSE main market some six years ago after it failed to fulfill set condition including failure to produce financial statement.

However, NICOL, yesterday published first half financials showing it has made a net profit of 2.52bn/- slightly up from 2.49bn/- of similar period last year.

The profit mainly attributed to investment activities that generated 3.27bn/- down from 3.47bn/- last year. And despite of realising 1.18bn/- in revenue up from 1.02bn/- it was chewed up by administrative and other expenses that amounted to some 1.6bn/- in H1.

Orbit Securities Managing Director Juventus Simon told the 'Daily News' yesterday that the results showed that NICOL is coming out of troubled waters. "Though, the real firm analysis and share movement directions will come after relisting NICOL to the bourse.

"The relisting will also open a channel of exit and entry that way the share price would be analysed," Mr Simon said. NICOL website informed shareholders of the coming annual general meeting slated for next month and one of the top agendas is issuance of dividends.

"We would like to inform [shareholders] that the decision on amount of dividend will be issued after discussion during AGM November 2017... ," the statement said. The results have uplifted the share gain in the H1 to 67/- slightly up from 66/- in H1 2016.

Early this month NICOL published 2017 financials showing a net profit increase of six times against the preceding year.

The mutual fund posted a profit of 8.67bn/- last year up considerably from 15m/- of 2015. The troubled private equity firm, which listed all of its 1.6 billion shares on the bourse in 2008, has 98.49bn/- in stocks.

It holds 6.6 per cent or over 33 million shares of NMB Bank, 1.0 million shares of Vodacom Tanzania, and 1.28 million shares of DSE company to name a few.

NICOL also has stake in two active subsidiaries namely Tanzania Fisheries Development Company (TFDC) and Tanzania Meat Company Limited (TMCL).

Tanzania

12 Men Arrested for 'Promoting Homosexuality'

There are reports that two South Africans are among 12 men arrested on charges of homosexuality in Tanzania. Read more »

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Court Asked to Amend Artist’s 2.185 Bn Verdict http://www.eabizinfo.com/2017/10/19/court-asked-to-amend-artists-2-185-bn-verdict/ http://www.eabizinfo.com/2017/10/19/court-asked-to-amend-artists-2-185-bn-verdict/#respond Thu, 19 Oct 2017 08:09:00 +0000 http://www.eabizinfo.com/2017/10/19/court-asked-to-amend-artists-2-185-bn-verdict/ By Faustine Kapama

MIC Tanzania Limited, trading as Tigo, yesterday asked the Ilala District Court to amend its judgment and decree for payments of 2.185bn/- damages to two Bongo flava artistes Hamis Mwinyijuma "MwanaFA" and Ambwene Yesaya "AY" in the musical copyright dispute.

Advocate Ranson Mbwambo, for Tigo, told Senior Resident Magistrate in Charge Rita Tarimo that the judgment and decree of the court dated April11, 2016, should be amended by including in its title the name of the third party, M/s Cellular Tanzania Limited, who has been one of the parties in the suit.

He submitted that when looking at the judgment, there is reference to the third party, who was mentioned by his name or his supplier and that the records of proceedings clearly display that the third party was made a party to the suit involving MIC Tanzania Limited and the two artists.

"The judgment should have indicated in the title the name of the third party. For not indicating the third party in the title of the judgment is an incidental omission that calls for amendments. The only remedy to correct that omission is to make correction by adding the name of the third party," he argued.

Advocate Mbwambo submitted further that the amendments sought to be made were intended to bring the records in order and harmony to the proceedings. He said that by not adding the third party in the title of the judgment would make mismatch of the judgment and the record of proceedings.

Referring to an affidavit sworn by Advocate Herman Lupogo, for Tigo, the senior counsel submitted that the two local musicians instituted a suit at the Ilala District Court, claiming his client has used their copyrighted musical works without their consent.

According to the affidavit, Tigo negated the claims in that the contentious musical works were legally procured from another person other than the respondents, among other reasons.

Before commencement of the hearing, the court was requested to issue a third party notice against M/s Cellular Tanzania Limited, which through a contract had sold the contentious musical works to it.

Mbwambo submitted that on June 30, 2014, the court granted the request and the third party dully appeared before the court.

The third party filed its written statement of defence essentially admitting the claims that it procured the said musical works from a company called Sonny Music Entertainment Africa Limited, a company which had contract with the sound producers. He submitted that M/s Cellular Tanzania Limited did not appear thereafter when the suit was called on for hearing.

He said that the matter proceeded in his absence. The judgment was delivered against the applicant, awarding specific damages to the tune of 2,185,000,000/- in favour of the two artists. However, the advocate told the court further that when the judgment was delivered, the name of the third party in the title was omitted.

After hearing the submissions by Tigo in support of the application, advocate Ally Hamza, who is appearing for the two local musicians, requested the court to grant him time to prepare for his reply submissions. The court granted the request and adjourned the matter to today.

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Committee Handpick Tanzania Representative At World Beauty Pageant Show in China http://www.eabizinfo.com/2017/10/19/committee-handpick-tanzania-representative-at-world-beauty-pageant-show-in-china/ http://www.eabizinfo.com/2017/10/19/committee-handpick-tanzania-representative-at-world-beauty-pageant-show-in-china/#respond Thu, 19 Oct 2017 07:51:00 +0000 http://www.eabizinfo.com/2017/10/19/committee-handpick-tanzania-representative-at-world-beauty-pageant-show-in-china/ Dar es Salaam — Miss Tanzania organising committee has appointed Julita Kabete, to represent the country at Miss World 2017 competition to be staged in Sanya, China next month.

The committee chairman, Mr Hashim Lundenga, said today October 18 that they have decided to appoint a representative because they don't have money to organise national competition in such a short period.

Julitha is former Miss Dar Centre and Miss Ilala who finished fifth in the 2016 beauty pageant which was held in Mwanza for the first time in the history of the pageant.

Organisers say they have been forced into this unorthodox method due to the delay of getting clearance from the National Arts Council (Basata), a body that sanctions such contests.

According to Lino International Agency, they only received the green light a couple of weeks ago, at a time when the Miss World contest is only a couple of weeks away, meaning they could not wait to get for the Miss Tanzania winner.

"She has experience in international beauty pageants as last year she represented Tanzania in Miss Africa and did well. Apart from that, she is talented, disciplined and these are some of the critical aspects that we took into consideration for her selection," says Rico

They believe she was the best choice given her ability to express herself, her vast knowledge of Tanzania's tourist attractions and international exposure which are some of the issues that gave her an edge above the rest.

This is not the first time that the agency has resorted to handpicked candidates. In 2012 Lisa Jensen was handed the rather undesirable task of representation as the organisation again cited being time-barred.

The representation was very lukewarm, nobody ever noticed let alone recognize her attempt at the world crown.

Tanzania

12 Men Arrested for 'Promoting Homosexuality'

There are reports that two South Africans are among 12 men arrested on charges of homosexuality in Tanzania. Read more »

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12 Men Arrested for ‘Promoting Homosexuality’ http://www.eabizinfo.com/2017/10/19/12-men-arrested-for-promoting-homosexuality/ http://www.eabizinfo.com/2017/10/19/12-men-arrested-for-promoting-homosexuality/#respond Thu, 19 Oct 2017 07:50:00 +0000 http://www.eabizinfo.com/2017/10/19/12-men-arrested-for-promoting-homosexuality/ Photo: Capital FM

...

There are reports that two South Africans are among 12 men arrested on charges of homosexuality in Tanzania.

According to AFP, Dar es Salaam police head Lazaro Mambosasa told journalists that the men were arrested in the city’s Peacock hotel.

In addition to the South Africans, the group also includes a Ugandan, while the rest are believed to be Tanzanians.

Mambosasa accused the men of “promoting homosexuality”, adding that, “Tanzanian law forbids this act between people of the same sex, it is a violation of our country’s laws.”

Full story

Tanzania

Incinerator Shut Over Pollution

The government has temporarily suspended operations at the country's largest incinerator for hospital waste in Mkuranga,… Read more »

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Reps Enlightened On Cyber Crime Act http://www.eabizinfo.com/2017/10/19/reps-enlightened-on-cyber-crime-act/ http://www.eabizinfo.com/2017/10/19/reps-enlightened-on-cyber-crime-act/#respond Thu, 19 Oct 2017 07:47:00 +0000 http://www.eabizinfo.com/2017/10/19/reps-enlightened-on-cyber-crime-act/ By Abdallah Msuya

Zanzibar — MEMBERS of the Zanzibar House of Representatives have been advised to follow proper procedures when using social media and internet, particularly avoiding emotion and offensive statements.

The advice was given by officers from the Tanzania Communications Regulatory Authority (TCRA) during the legislators' seminar on 'the Cyber Crime Act 2015', of which lawmakers were educated about the law before its application extends to the Islands.

Zanzibar lawmakers learned about the law, why it was introduced, its challenges in implementation in the Mainland, differences between types of crimes under the law, and ethical behaviour even when online or social media.

"You are expected to observe ethics, even when you are attacked, do not respond using offensive language because you may also be committing a crime," said Dr Philip Filikunjombe, a Senior Legal Officer at Tanzania Communications Regulatory Authority.

Gracing the seminar, the Speaker of the House, Mr Zubeir Ali Maulid, told legislators that they need to understand the Cyber Crime Act and communicate the message to their respective electorates to minimize offences committed when using the fast growing online and social media.

The term cyber crime refers to a variety of crimes carried out online, using the internet through computers, laptops, tablets, internet-enabled televisions, game consoles and smart phones.

'Tanzania's Cyber crimes Act 2015' makes provisions for criminalising offences related to computer systems and Information Communication Technologies; provides for investigation, collection and use of electronic evidence.

The law already being enforced in Tanzania Mainland is not fully operational in Zanzibar and the lawmakers here often push for the Act to be extended to Zanzibar so that criminals in the islands can be arrested and charged.

Tanzania

12 Men Arrested for 'Promoting Homosexuality'

There are reports that two South Africans are among 12 men arrested on charges of homosexuality in Tanzania. Read more »

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More of the Same, Please? 23 Months of ‘Magufulism’ http://www.eabizinfo.com/2017/10/19/more-of-the-same-please-23-months-of-magufulism/ http://www.eabizinfo.com/2017/10/19/more-of-the-same-please-23-months-of-magufulism/#respond Thu, 19 Oct 2017 07:46:00 +0000 http://www.eabizinfo.com/2017/10/19/more-of-the-same-please-23-months-of-magufulism/ columnBy Karl Lyimo

ON the 3rd of October this year, the President of the Fifth-Phase Government of the United Republic of Tanzania - 'Tanzania' for short - Dr John Pombe Joseph MAGUFULI, addressed participants of the 33rd Annual General Meeting of the Association of Local Authorities in Tanzania (ALAT).

In the event, the leader urged "leaders in Local Authorities to come up with workable strategies; strategies that'd enable our country to move from here on in various aspects... strategies that'd end malpractices in your areas (of 'jurisdiction') in order to fast-track economic development..."

After all, the President argued: "leaders are tasked with important roles to play for the development of Tanzania!" The three-day meeting attracted over 500 participants, including Executives and other Senior Officials from the Ministry of State in the President's Office (Regional Administration & Local Government) and the Central Government, as well as representatives from various top-notch Non-Governmental Organisations (NGOs).

How true... HOW TRUE, I said! Indeed, leaders are charged with the onerous but otherwise noble tasks of initiating, masterminding, spearheading, overseeing and otherwise pursuing to their logical conclusion the measures that need to be taken to catalyze and otherwise power the drive to socio-economic development that's meaningful and sustainable on the ground in the long term! Correctly noting that "Tanzania has been blessed with assorted natural resources," Magufuli lamented that "the resources haven't benefited locals at all" - accusing the major "mining firms of cheating Tanzanians out of their fair share of the (God-given natural) mineral wealth "through tax-dodging and smuggling!" Citing as an example the rare 'tanzanite' gemstone that's virtually unique to Tanzania, the President said the precious mineral "has largely benefited foreign countries rather than Tanzania.

Tanzania gets only 5 percent of the total income from tanzanite sales worldwide, while the remaining percentage (95 percent) goes to foreign countries which don't have the rare gem; this is most surprising," he lamented - or marveled, depending!

Oh... There's much, much more of that juicy stuff, all of which was as interesting as it was appealing to the senses (feelings) and intellect (mental faculties)- each in their own way! President Magufuli is the holder of a Doctorate in Chemistry- a University degree in Laboratory-type Chemistry, NOT 'Sangoma' chemistry of the witchdoctor type!

A modern-day maverick who does not necessarily go along with the crowd, the President took the 'ALAT opportunity' to run through a 'bazillion achievements' that have marked his Regime, during the nearly-two years in which he's been in power since he was formally sworn into the Highest Office in the Land on November 5, 2015. Claimed to number 25 in all, the 'achievements' reportedly range from what are 'The Good' to 'The Ugly' - with 'The Bad' in-between! [See 'NIPASHE:' October 4, 2017].

Some of the achievements are: - 'Free Education' for the first 11 years, from Primary School to Form-IV (Secondary School). - Infrastructure development (first-phase of the Standard Gauge Railway Project launched). - Rehabilitating 'Iringa' and 'Ruvuma' motor vessels that ply Lake Nyasa. - Trashing/scrapping 87 'nuisance taxes' on Agriculture (80) and Fisheries (7). - 'Energizing' the War on Grand Graft... And, - 'adjusting' (?) the brakes on malfeasance and misfeasance... Other achievements are: - Funding 'Roadway Flyovers' construction in Dar es Salaam. - Shifting the Union Govt. to Dodoma. - Resurrecting the national air-carrier 'ATCL.'

Yet others are the 'Mining (Makinikia) Bombshell,' and freezing public salaries, wages... Hmmm... Not a bad job, all-in-all! But then: have the 'Flyovers" effectively alleviated the road traffic congestion they're intended to do? Second: was the already-paid-for brand-new 'Bombardier Q400 NextGen' delivered to ATCL last June as scheduled? [We're told the aircraft was 'confiscated' abroad following litigation involving a long-overdue US$38.7m debt Tanzania owed to Canada-based Sterling Civil Engineering! The foregoing projects cost Tanzania billions in local and foreign currency at a time when the country's in seemingly-endless dire financial straits!

Third: freezing public pay rises is rubbing workers the wrong way, thus antagonizing them no end! [Incidentally, Tanzanians are anxiously looking to the day when their Government will rip a leaf out of the US 'Book on Taxation' - and see our Presidents paying taxes on their relatively fat pay.

After all, Magufuli's Tsh9m/ month untaxed salary equals a minimum statutory pay for more than 30,000 financially-strapped Tanzanian sloggers! But, that's another story... ] Oh, I don't know... But, that's 'Magufulism' for you! And, if that's any indication worth its weight in gold tailings ('Makinikia'), then Tanzanians should ask - and hope - for more of the same in the remaining 3-plus years of Dr Magufuli's 5-year Presidential term. That's to say nothing (yet) of another 5-year possibility at State House, as the Union Constitution so considerately 'allows...' Cheers!

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Incinerator Shut Over Pollution http://www.eabizinfo.com/2017/10/19/incinerator-shut-over-pollution/ http://www.eabizinfo.com/2017/10/19/incinerator-shut-over-pollution/#respond Thu, 19 Oct 2017 07:43:00 +0000 http://www.eabizinfo.com/2017/10/19/incinerator-shut-over-pollution/ By The Citizen Reporter

Dar es Salaam — The government has temporarily suspended operations at the country's largest incinerator for hospital waste in Mkuranga, Coast Region, following complaints that it exposes Dundani villagers to toxic emissions.

Mkuranga District executive director Mshamu Munde told The Citizen that the operations were put on hold to allow the owner to make necessary improvements to control emissions.

The decision came two days after The Citizen published a story on the plight of Dundani villagers, who complained that the facility was exposed them to serious health risks.

On Monday, the Mkuranga district administration, the National Environment Management Council (Nemc) and the Health ministry held a meeting with the operator of Safe Waste Incinerator about the complaints levelled against it.

"We have told the owner to suspend operations. We felt that he should make some improvements," said Mr Munde.

Operations at the facility have been suspended at a time Nemc officials were inspecting the facility, including measuring emission levels to see whether they conformed to standards.

Mr Munde said villagers' complaints that heavy smoke and choking smell produced by the hospital incinerator troubled them were genuine.

He said the owner of the incinerator had also been told to dig a pit for ash produced by the facility.

There have been complaints about huge quantities of burnt hospital waste being dumped in unauthorised areas in Mkuranga.

The official added that they had discovered that many factories were established and operated without following proper procedures.

Mkuranga District medical officer, Dr Stephen Mwandambo, said he had himself made close a follow-up on the incinerator and met the owner. "What we agreed, among other things, was to temporarily suspend operations so that he gets time to make improvements," he said.

The owner acquired land on which he built the incinerator between 2013 and 2014. At that time the place was not populated as it is today. It is in the midst of residential houses and villagers protest against adverse effects on human health and the environment.

Tanzania

12 Men Arrested for 'Promoting Homosexuality'

There are reports that two South Africans are among 12 men arrested on charges of homosexuality in Tanzania. Read more »

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Irish Minister Visits MCL, Says Media Freedom Key http://www.eabizinfo.com/2017/10/19/irish-minister-visits-mcl-says-media-freedom-key/ http://www.eabizinfo.com/2017/10/19/irish-minister-visits-mcl-says-media-freedom-key/#respond Thu, 19 Oct 2017 07:43:00 +0000 http://www.eabizinfo.com/2017/10/19/irish-minister-visits-mcl-says-media-freedom-key/ By Khalifa Said

Dar es Salaam — Ireland's Minister for the Diaspora and Overseas Development, Ciaran Cannon T.D has reminded the government of Tanzania on the effective and crucial role that the media plays in ensuring accountability and transparency, thus promoting democratic values through encouraging vibrant public debate.

Mr Cannon made the remark when he paid a visit to the offices of Mwananchi Communications Limited, whereby he interacted directly with journalists and the management of the leading newspaper company in the country.

"A strong, independent and vibrant media is not just a source of economic activity," cautioned the minister.

"However, in Ireland's experience, it has an essential role in supporting national development," the minister noted.

Mr Cannon, who is on a four-day visit to Tanzania, said he was delighted to hear directly from the company's editorial staff and, in particular, "the way the company has strengthened its investigative journalism."

The company's journalists are among several members of the profession who have benefited from the Irish government in terms of training and support through its partner the Tanzania Media Foundation.

In his four-day visit, the minister will have an opportunity to meet with Ireland's partners in the government of Tanzania, representatives of the private sector, civil society and the media.

Tanzania

12 Men Arrested for 'Promoting Homosexuality'

There are reports that two South Africans are among 12 men arrested on charges of homosexuality in Tanzania. Read more »

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90% of Mbeya Residents Tested With Sight Problems http://www.eabizinfo.com/2017/10/19/90-of-mbeya-residents-tested-with-sight-problems/ http://www.eabizinfo.com/2017/10/19/90-of-mbeya-residents-tested-with-sight-problems/#respond Thu, 19 Oct 2017 07:40:00 +0000 http://www.eabizinfo.com/2017/10/19/90-of-mbeya-residents-tested-with-sight-problems/ By Godfrey Kahango

Mbeya — At least 90 per cent of people, who went for sight test during an ongoing 'free health test' campaign at Ruanda Nzovwe grounds in the region have been diagnosed with sight problems as most of them need to undergo minor and major operation.

The campaign, which was launched on October 14, this year, is coordinated by Mbeya Regional Hospital in cooperation with various stakeholders. It was launched by Mbeya Regional Commissioner Amos Makalla as part of the commemoration of the 18th anniversary of Mwalimu Julius Nyerere. Speaking to The Citizen on Monday, Mbeya regional coordinator for sight services, Dr Fariji Killewa, said the majority of people, who went for test, were diagnosed with sight problems, but failed to go to hospital due to various reasons, including lack of money for treatment.

He said they targeted to provide sight services to between 60 and 90 people per day, but attended to 195 people and the following day to 182 people, which made them work until 15.30pm.

"At least 90 per cent of people have been diagnosed with sight problems. For only two days we have learned that 154 people with sight problems need operation. So, we have advised them to go to hospital. I would say this campaign has been of great help for people to know their health status," said Dr Killewa.

Earlier, launching the campaign, Mr Makalla said the commemoration reflected Mwalimu Nyerere's commitment to fighting against three enemies of the nation - diseases, poverty and ignorance - during his leadership.

The doctor in-charge of Mbeya Regional Hospital, Dr Seif Mhina, said the campaign was sustainable and would be carried out every year during the commemoration of Mwalimu Nyerere's anniversary, while urging those, who were diagnosed with sight problems to go to hospital.

Tanzania

12 Men Arrested for 'Promoting Homosexuality'

There are reports that two South Africans are among 12 men arrested on charges of homosexuality in Tanzania. Read more »

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Government Pays Sh190b to Its Debtors http://www.eabizinfo.com/2017/10/19/government-pays-sh190b-to-its-debtors/ http://www.eabizinfo.com/2017/10/19/government-pays-sh190b-to-its-debtors/#respond Thu, 19 Oct 2017 07:39:00 +0000 http://www.eabizinfo.com/2017/10/19/government-pays-sh190b-to-its-debtors/ By Deogratius Kamagi

Dar es Salaam — The government has settled an outstanding arrears amounting to Sh190 billion between July and September.

The payment was made to contractors, civil servants and bidders following an accomplishment of audit exercise to verify the unsettled debts.

This was said by deputy minister of Finance and Planning Dr Ashatu Kijaji on Tuesday October 17 when addressing business community in Bukoba municipal, during her visit to inspect operations at Tanzania Revenue Authority (TRA) and Government Procurement Services Agency (GPSA) in Kagera Region.

In a statement from ministry's government communication unit, Dr Kijaji said Sh67.2 billion was paid to bidders, Sh24.2 billion to contractors, Sh38 billion to service providers, public servants Sh37 billion while other creditors received Sh24 billion.

The money paid is part of Sh1 trillion allocated in the 2016/17 budget for settling various debts.

"The government is valuing the contribution of business men in the development projects and improvement of social services," said the deputy minister.

She also insisted the business community to continue using Electronic Fiscal Devices (EFD's) Machine in doing business to enable government collect the correct revenue.

In his remarks, Chairman of business community in Kagera Region, Mr Seif Mkude, commended government for the emphasis on revenue collection and improvement of social services.

He expressed their satisfaction on the increase of development projects and promised to continue paying taxes.

Speaking on behalf of the Regional Commissioner Maj Gen Salim Kijuu, Bukoba District Commissioner, Mr Deodatus Kinawiro asked the business men to expand their businesses in order that they can benefit from free market, provided that they are close to neighbour countries such as Uganda, Rwanda, Burundi Kenya and Democratic Republic of Congo (DRC).

Tanzania

12 Men Arrested for 'Promoting Homosexuality'

There are reports that two South Africans are among 12 men arrested on charges of homosexuality in Tanzania. Read more »

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