Posts tagged as: kenya

Sending Money to Tanzania From UK ‘Most Costly in East Africa’

Photo: Vice-President’s Office/The Citizen

Delegates listen to Vice President Samia Suluhu Hassan at the GSMA Mobile 360 Africa Conference in Dar es Salaam.

Dar es Salaam — Sending money to Tanzania is the most expensive in the Eastern and Southern Africa, a London based consultancy organisation, Developing Markets Associates (DMA) June global report shows.

According to new analysis which was presented by Mobile 360 conference in the city, the average cost of sending £120 from the UK to Tanzania is 14 per cent, the highest average cost in the region.

This is when contrasted to other countries in the region like Ethiopia (13 per cent), Zambia (13 per cent), Rwanda (13 per cent), Mozambique (12 per cent), Uganda (9 per cent), and Kenya and Zimbabwe with seven per cent rate have the lowest cost.

The event, hosted by GSMA, who represent 800 mobile network operators across the world, was set to show evidence as to why Tanzania has the highest cost of sending money from the Diaspora.

“More than £44 million is sent each year by more than 38,500 Tanzanians living in the UK. But the cost of sending money is twice as much as sending to neighbouring Kenya or Zimbabwe,” reads part of the report.

The analysis shows that the average cost of sending money to Africa is almost 10 per cent, compared to the global average of just over seven per cent. Yet the UN Sustainable Development Goals say that by 2030 the global average price for remittances should not exceed three per cent of face value, with even the most expensive countries not being more than five per cent.

The report urges international development donors to support a pilot project to enable UK based remittance service providers to access Southern Africa through Sadc’s integrated regional electronic settlement system, through which 95 banks serve 11 countries.

Mr Leon Isaacs, CEO of DMA, was quoted as saying that: “Sending money home is very expensive compared to the relatively low incomes of migrant workers and the small amounts they typically send.

“The real challenges contributing to higher costs of sending money from the UK to Africa are not fixable by new technologies alone. Instead, we need to be focusing on scaling existing technology, creating the regulatory environments for those technologies and on changing consumer behaviour to send money digitally from ‘end-to-end,” he argued.

“It’s more expensive to send money to Africa than elsewhere. But it doesn’t have to be like that. The way we stay in touch, do our shopping, and even find love, have all gone digital. Yet, for the vast majority of people sending money home, they are still doing it the way they have always done it: in cash,” said Juliet Munro, director of Inclusive Finance in a quoted statement at FSD Africa.

Tanzania

Airtel’s Initial Offering Pegged At U.S.$1,1 Million

Airtel Tanzania is expected to raise about Sh25 billion through its planned initial public offering (IPO), The Citizen… Read more »

IMF Warns Govt’s Revenue Targets Projections Too Optimistic

Dar es Salaam — The International Monetary Fund (IMF) has warned Tanzania over what it termed over-optimistic revenue projections, which may force the country to delay the construction of some of its major infrastructural projects.

IMF deputy managing director Tao Zhang said Tanzania’s budget execution in 2016/17 faced challenges, mainly due to external financing shortfalls that led to low execution of capital spending and a tight liquidity situation.

He said the 2017/18 budget reaffirmed the authorities’ objective of scaling up public investment, while preserving fiscal sustainability.

“However, potentially over-optimistic revenue projections call for its prudent implementation, including delaying some large projects until availability of revenue is confirmed during the mid-year budget review,” Mr Tao says in a statement issued by IMF.

Mr Tao was speaking after the executive board of the IMF completed the sixth review of Tanzania’s economic performance under a programme supported by the Policy Support Instrument (PSI) on June 23.

The board approved the authorities’ request for a six-month extension of the current PSI arrangement and granted a waiver for the nonobservance of the end-December 2016 assessment criterion on tax revenue because the slippage was minor.

Tanzania plans to increase spending in its budget for the fiscal year ending June 2018 by 7.3 per cent to Sh31.7 trillion with a key focus on infrastructure.

Like neighbouring Kenya, Tanzania wants to take advantage of its long coastline and upgrade outdated railways, ports and roads to serve growing economies in land-locked parts of Africa, according to Reuters.

In the coming fiscal year, Tanzania plans to borrow Sh6.17 trillion from domestic sources and expects Sh3.97 trillion from external concessional loans and grants. It is also seeking an additional Sh1.59 trillion shillings from external sources.

Tanzania

Two Local Leaders Shot in Kibiti Confirmed Dead

Kibiti health care center medical officer in charge Dr Sadoki Bandiko has confirmed that two civic leaders, who were… Read more »

Top European Clubs Now Eye Samatta

Photo: Daily News

Taifa Stars captain, Mbwana Samatta (file photo).

By Majuto Omary

Dar es Salaam — The national soccer team captain Mbwana Samatta is now one of the most sought-after players in Europe, it has been revealed.

A number of English Premier League clubs are interested in recruiting the gifted, who plies his trade with KRC Genk of Belgium.

But they will face competition from Spain’s La Liga, Serie A (Italy) and Bundesliga (Germany) sides, which are also interested in roping in the player.

Samatta, who has three years remaining on his current contract with KRC Genk, revealed yesterday that he has attracted interest following his stunning performances for his team in the Belgium Premier League.

“All I want to do is play. I’m at an age where I have to play,” Mbwana said. “Many teams in Europe have shown interest in recruiting me, but they have to wait until 2020 when my contract with KRC Genk expires,” he said.

But he fell short of naming the team, saying his club would make them public if need be. Nearly two years ago, Mbwana was named the African Player of the Year – for players based in Africa.

Mbwana, then one of the key players for DR Congo’s TP Mazembe, became the first from East Africa to win the coveted prize, reserved for footballers plying their trade on the continent.

The forward garnered a total of 127 points for the DR Congo and African Champions TP Mazembe, ahead of his TP Mazembe teammate and DR Congo goalkeeper Robert Muteba Kidiaba, who amassed 88 points. Algerian Baghdad Bounedjah trailed in third place with 63 points.

Samatta was a key figure as TP Mazembe won last year’s CAF Champions League crown scoring seven goals in the process and finished as the competition’s top scorer.

More on This

Taifa Stars’s Samatta Signs Deal With Diamond Trust Bank

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Digital Money Accounts Boost Diaspora Remittances

Photo: Daily News

Worldremit mobile money platform.

By Masembe Tambwe

Tanzanians living in the Diaspora have hit a milestone of 10,000 unique monthly transactions using WorldRemit, a digital money transfer service.

In an exclusive communication via email, the WorldRemit founder and Chief Executive Officer, Mr Ismail Ahmed said that there has been a 150 per cent year on year growth in Tanzania last year, driven primarily by the rapid expansion of mobile money accounts as the preferred receive method.

“Our Mobile Money partnerships combined with existing services for bank deposits and cash pick-up will give more choice to Tanzanians, further supporting the transition from costly offline remittances via high street agents to faster, cheaper and safer online transfer methods,” Mr Ahmed said.

Remittances play an important role in the economy of Tanzania where in 2015 the country received a total of 390 million US dollars according to the World Bank, almost ten times the amount received in 2010.

WorldRemit customers can send money to Tanzania via Mobile Money to TigoPesa, Vodacom M-Pesa and Zantel EzyPesa Mobile Money accounts, as well as bank deposit and cash pick up.

The money transfer service early this week added Android Pay to its service, offering a new way for WorldRemit’s Android Pay users to send money internationally and reach millions using mobile money accounts.

Pioneering a mobile-first approach to the $600bn a year remittance industry, the move sees WorldRemit bringing together the leading players in mobile payments from Silicon Valley and Sub-Saharan Africa.

Launching the global rollout of the service at MoneyConf 2017, WorldRemit will enable Android Pay users to safely and securely send money to +112 million mobile money accounts accessible via its network.

The integration will make WorldRemit the only remittance provider offering international payments through Android Pay around the globe. By connecting directly with Android Pay, WorldRemit customers can transfer money instantly across continents in just five taps – without entering credit card or 3DS details.

Tanzania

335 Tax Defaulters’ Properties to be Auctioned

Tanesco is among the 335 companies and individuals, whose properties will be auctioned in July at the Dar es Salaam… Read more »

World Champ Beatrice Chepkoech Shines At Police Track Finals

By Ayumba Ayodi

World Cross Country Championships mixed relays gold medallist Beatrice Chepkoech cashed in on the absence of several stars to win women’s 3,000 metres steeplechase title Wednesday at the Kenya Police Service Athletics Championships at the Nyayo National Stadium.

Fresh from posting personal best in a second place of nine minutes and 01.57 seconds at Doha’s Diamond League meeting, Chepkoech obliterated the field of five athletes in a gun-to-tape performance victory of 9:50.06.

Chepkoech, who finished fourth at the Rio Olympic Games, edged out Abigael Jelagat and Anne Gathoni to second and third places in 10:16.6 and 10:20.4 respectively.

“It was a good victory even though I am still on medication, having been admitted a while ago after I fell sick,” said Chepkoech, who failed to compete in Shanghai last Sunday after she fell sick.

“I was admitted for three days after Doha but I am well now.”

Chepkoech, who will be seeking a double in women’s 1,500m final Thursday, said she hopes to be fit for the Prefontaine Classic on May 27 in Eugene, USA, where she hopes to turn the tables on world champion Hyvin Kiyeng and Olympic champion Ruth Jebet from Bahrain.

Chepkoech lost the Doha battle to Kiyeng, who ran a world lead time of 9:00.12, as Jebet, who is also the world record holder, came third in 9:01.99.

But Kiyeng, who is also an Olympic silver medallist, lost to Jebet in Shanghai, clocking 9:06.72 against Jebet’s winning time of 9:04.78. Kiyeng failed to compete in the Police meet Wednesday as did Commonwealth Games 3,000m steeplechase gold medallist Purity Kirui and the 2015 Diamond League 3,000m steeplechase series winner Virginia Nyambura.

However, Kiyeng will field in Thursday’s 5,000m final where she will take on the 2013 world 5,000m silver medallist Mercy Cherono, Africa Games 5,000m champion Margaret Chelimo and former world junior 3,000m steeplechase champion and record holder Ruth Bosibori.

Meanwhile, Eglay Nalianya, who was in Kenya’s 4x800m team at this year’s World Relay Championships in Bahamas, won her 800m semi-final in a slow time of 2:10.4.

World 1,500m silver medallist Elijah Manangoi illuminated the men’s 800m first semi-final race with victory in 1:48.1 to storm the final.

Manangoi edged out Job Kinyor and Justus Kipchoech to second and third places in 1:48.4 and 1:48.8 respectively.

Manangoi will also face Timothy Sein and Jeremiah Mutai won the other 800m semi-finals in 1:48.9 and 1:48.8.

Kiplagat Ruto won the men’s long jump in 7.82m while Anderson Muiruri bagged the triple jump title in 2.00m. Damacline Nyakeruri won women’s javelin in 45.94m while Ruth Njoroge went for the 10km walk race in 52:06.2.

Rotich Kipsang and Rose Rakamba won men and women’s discus with throws of 44.68m and 40.91m.

KPL Pursue New TV Deal, Mull Action Against SuperSport

Photo: Courtesy

Spanish La Liga President Javier Tebas (right) poses for photos with Kenyan Premier League chairman Ambrose Rachier at the KPL offices in Nairobi on May 9, 2017.

By Cellestine Olilo

The Kenyan Premier League are consulting with their Spanish partners, La Liga, regarding the private packaging and selling of the local league’s broadcast rights.

At the same time, KPL have approached their legal team concerning SuperSport’s abrupt termination of their multi-million broadcast rights sponsorship deal last month with a view of seeking redress in a court of law.

Speaking from Johannesburg in South Africa where he is on official duty, KPL Chief Executive Officer Jack Oguda said that all these was discussed during KPL’s last Executive Committee meeting.

Oguda said that getting the league back on live television was a priority for the members and that data collection is currently ongoing to help guide the league on the matter.

“La Liga are our partners now and they have taken an interest to help us get the games back on air.

“Right now we are getting data locally which we will share with them so that they can give us a way forward.

“They (La Liga) have advised that giving the broadcast rights to organisations that are Free To Air would be the most viable place to start from and once they get that data they will be able to give further advise on how to package and even approach potential buyers.”

But this proposal first rolled off the mouths of Football Kenya Federation last month, and they even went ahead to acquire substantial amounts of money (Sh75 million) in grants from Fifa for this purpose.

“We will produce these matches ourselves. Let’s take control of the content and then go mobile, FTA and PayTV. Exciting times ahead. We have to produce all the matches. Nine every weekend. Package highlights, preview etc. from one source. Content control,” FKF president Nick Mwendwa had said at the time.

Oguda however said that theirs will be a separate venture, as La Liga look well capable of helping KPL achieve their objective much faster.

“We had discussed this in our Joint Executive Committee meeting, but now that the La Liga representatives are in the picture, we feel that their route is also worth pursuing.”

KPL entered a three-year partnership with their La Liga on Thursday last week that would see them benefit from their counterparts’ expertise in league management.

The new partnership, for which there will be no financial gains, came one month after South African broadcasters SuperSport terminated their contract with the local league organisers citing breach of contract and eventually laid off more than 100 employees in the country.

Kenya

Former President Kibaki’s Bodyguard Sues For 2002 Accident

A bodyguard involved in a road accident with former President Mwai Kibaki has alleged in a court case he was mistreated… Read more »

Karua’s Promise to Kirinyaga People

By George Munene

Narc Kenya leader, Martha Karua and the Kirinyaga Central MP Gachoki Gitari have declared that they are ready for the gubernatorial race and pledged to jointly slay the dragon of corruption if elected.

Ms Karua, a fierce politician is the flag-bearer while Mr Gitari who is a two-term lawmaker is her running mate.

While announcing publicly that they have teamed up to capture the county’s top seat, the two leaders vowed that they will not tolerate graft in the devolved unit.

“We shall ensure that corruption is eradicated in order to spur economic growth in the region,” said Ms Karua.

Mr Gitari praised Ms Karua as an honest leader who has been on the forefront in the fight against corruption in Kenya.

WIN SUPPORT

“Ms Karua is a courageous and honest leader and together we shall win the war against corruption,” he said.

The two leaders said they were united and challenged their rivals to brace themselves for a tough political battle.

Speaking in Sagana town on Tuesday afternoon, the leaders said they will embark on aggressive campaigns saying they will be moving from door-to-door to win support.

They will fight it out with former Devolution Cabinet Secretary Anne Waiguru (Jubilee) and Macharia Karani of Maendeleo Chap Chap as well as the incumbent Joseph Ndathi and Muriithi Kagai both who will be running as independent candidates.

PROPAGANDA

The two leaders hit out at Ms Waiguru whom they accused of misleading the residents that she had been endorsed by President Uhuru Kenyatta.

“There is a candidate who is going round the region telling residents that she is the president’s preferred candidate. The President has not endorsed anyone for the gubernatorial seat and she must be ignored,” said Ms Karua in reference to Ms Waiguru.

Ms Karua reiterated that her party had endorsed President Kenyatta’s re-election but the head of State himself had not endorsed any candidate for any political seat.

“Anyone seeking to be elected as a governor must sweat,” she said.

Kenya

Former President Kibaki’s Bodyguard Sues For 2002 Accident

A bodyguard involved in a road accident with former President Mwai Kibaki has alleged in a court case he was mistreated… Read more »

Mineral Output, Export Audit System Polished

By Bernard Lugongo

Dodoma — Over the years, Tanzania has improved its national capacity of physically auditing mineral production and exports, a new study has established.

Launched by the Energy and Minerals Parliamentary Committee on Monday, the report on ‘Taxation and the State of Africa Mining Vision implementation’, attributed the introduction of mineral audit agency, the Tanzania Minerals Audit Agency (TMAA), to the achievement.

“This has resulted in identification of unpaid taxes owed, while helping to build the capacity of mining companies to calculate tax revenues payable.”

Presenting the report to members of the committee, a representative of the Tax Justice Network-Africa (TINA), which conducted the study since 2011, said following the introduction of the Mining Policy of 2009, the country has also undertaken reforms in the tax systems to increase revenue from the mining sector. The move has seen the revenue increased from 2.4 per cent to about 4.4 per cent in 2001 to 2014, respectively.

However,it suggested that the country still needed to do more with respect to reviewing terms of double taxation agreements and Bilateral Investment Treaties (BIT’s) which Tanzania had signed with host countries of mining companies.

The Committee’s Chairman, Dotto Biteko, said the report had come at a right time, considering the ongoing exploration in various parts of the country, promising that the committee will use it as a reference tool.

Commenting on the report, Mlimba MP Susan Kiwanga said the document will be a crucial tool for her to effectively oversee the government on issues of mining taxation, considering that the country has continued to discover minerals in various areas.

Tanzania

Capital Development Authority ‘Outlived Its Purpose’

Former Speaker of the National Assembly, Pius Msekwa has joined an array of patrons supporting dissolution of the… Read more »

MCA Aspirant’s 3 Children Go Missing in Uasin Gishu

By Wycliff Kipsang

Three children belonging to a candidate for MCA in Uasin Gishu County have gone missing for the fourth day running.

The three boys — Clifford Nyambane, six, Dan Nyamweya, five, and Glen Ongagi, three — went to Eldovil SDA Church in the company of their cousin on Saturday but failed to return.

DISTRAUGHT

Their father James Ratemo, a Kanu candidate for Kapsoya ward, was in agony on Wednesday after efforts to find them failed to bear fruit.

Their mother, with teary eyes, said the children had gone ahead of her to church but she did not find them when she arrived a few minutes later.

“I prepared very early for church as is the norm on Saturday,” she said.

“However, when I reached church, which is just 500 metres away, I could not find them. I assumed that they had gone to play with their friends but I was alarmed when they failed to come back home.”

PUPILS

She appealed for help to help find her children.

“These children are my only hope. Please, anybody with information, assist me to find my children,” she said.

An uncle of the children, who was last seen with them, has denied any knowledge of their whereabouts.

He has since been questioned at the Naiberi and Central police stations.

Clifford is a Standard One pupil at Highland Grace Academy while Dan is in Middle Class at Shalom Academy. The youngest, Glen, is yet to go to school.

Mr Ratemo said they had searched for the boys everywhere, including in children’s homes and relatives’ houses, but to no avail.

UNCLEAR

“I cannot rule out that the children’s disappearance is related to politics, but I cannot speculate. Let police do their own investigations,” he said.

He said he had not had any differences with his rivals or his neighbours.

“We call on well-wishers to assist us to find our children,” he added.

Cases of children disappearing in unclear circumstances in the North Rift have been on the rise recently.

Uasin Gishu County Commissioner Abdi Hassan said investigations into the latest disappearances had begun.

He called on parents in the region to keep an eye on their children.

“Parents should also vet people who take care of their children when they have gone to work,” he said.

Brave Serengeti Boys Face Angola Litmus Test

Photo: Daily News

Serengeti boys versus Mali during the ongoing Under-17 Africa Cup of Nations in Libreville, Gabon.

The national U-17 football team, Serengeti Boys, face another test of character when they take on Angola in their second match of the ongoing Under-17 Africa Cup of Nations (AFCON) in Libreville, Gabon.

The Serengeti Boys made their bow at the U-17 Africa Cup of Nations on Monday, settling for a barren draw with holders Mali in their Group B opener at the Stade de l’Amitie in Libreville.

Bakari Shime’s side need to take maximum points from the Young Palancas Negras today to stand a good chance of making it to the semi-finals of the competition. A win will take their points tally to four points, the maximum that can be attained by any other team in the group after the first two rounds action.

The final group match will be against Niger, who played out a 2-2 draw with Angola in their opening match. The Boys are oozing with confidence after turning in an industrious performance against group favourites, Mali.

Shime’s lads really gave a good account of themselves to hold the highly rated Eagles in their first ever game at the biggest stage. Shime sounded optimistic ahead of today’s encounter against Angola and promised to go on the offensive.

“We are going to approach the match against Angola with all seriousness because there are no easy teams in this competition,” said Shime. “We need to attack more in order to score goals and hopefully the boys will put up a brave performance as they did against Mali. We need to be more aggressive offensively but also stay cautious in defense in order to get a good result,” he added.

The top four teams will qualify for the Under -17 Fifa World Cup in India in October which gives Shime and his Boys an extra incentive to do well.

Against Mali, Shime opted for a defensive approach and succeeded to shut out Mali’s attacking players throughout the encounter with goalkeeper Ramadhan Kabwili and his defenders turning in a strong show.

But today, the Boys tactician must ensure his charges go on the offensive to try and garner a vital win in their pursuit of a last-four berth. Striker Yohana Mkomola was starved of services against Mali and will need more support upfront to give Serengeti Boys the much needed cutting edge.

In the other Group B match today, holders Mali will square up against Niger at the same venue in Brazzaville. The biennial international youth football tournament organised by the Confederation of African Football (CAF) for players aged 17 and below, will see the top four teams qualify for the 2017 FIFA U-17 World Cup in India.

Tanzania

Increased Budget Allocation to Push Govt Industrial Drive

The Ministry of Industry, Trade and Investment has doubled development budget in the 2017/18 financial year, pushing the… Read more »

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