Tanzanian entrepreneurs get financial planning course

BUSINESS

By Hudson Kazonta, Dar es Salaam, Tanzania

Entrepreneurs in Dar es Salaam have been given training on financial services and investment, aimed at helping them increase their investment and proper management of finance in their daily activities.

The event, run over four days, was held at Mnazi Mmoja’s grounds. Zantel, through its EzyPesa brand, partnered with Neubrand Event Company to make sure the campaign succeeded.

The event was organized jointly by Nuebrand Events Limited, the Centre for Microfinance Enterprise Development, Tanzania Private Sector Foundation, Tanzania Consumers Advocacy Society (TCAS) and Tanzania Microfinance Association.

Speaking at the launch of the event, Zantel Chief Commercial Officer, Sajid Khan, said his company recognised how innovative telecommunications solutions have the power to transform communities.

“Employment is a rare commodity in the country-leading majority of Tanzanians opting to become entrepreneurs to make ends meet, thus Zantel has taken keen interest in this group” he said.

Ezano Mabonde, Deputy Director at Prime Minister’s Office, said the government commends all the organisers of the event as business training is very important to entrepreneurs, and many studies suggest they are denied these rare opportunities.

He said all players in the financial sector, including banks, insurance firms, social security institutions and mobile money operators as well as supporting institutions such as regulators, stock brokers, investment promoters and many others, are involved, offering free financial services.