Tanzanian entrepreneurs get financial planning course
BUSINESS| Oct. 23, 2012, 7:45 a.m.
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.
MORE BUSINESS NEWS
Togo women get down to ICT training, businessWomen and girls came in numbers last week to attend the three-day Female TechCamp 2015 hosted in the capital Lomé. Read More
MTN Group Sustainability Report releasedMTN Group’s efforts to advance social development in its markets through the integration of sustainable business practices into day-to-day activities, is yielding positive outcomes, the company’s Sustainability Report shows. Read More
Senegal seeking ICT investment opportunities in MauritaniaMauritania, an impoverished nation in West Africa, is a largely untapped ICT market, according to many Senegalese industry players. A group of ICT companies from Senegal recently visited Mauritania to find out if this statement is indeed true. Read More
Schneider Electric releases the first survey on counterfeit electrical products in AfricaCounterfeiting of most common electrical products is widely spread in all African countries, representing 40% to 80% of their markets, says a new survey. Read More
MTN Business launches services that will host SMEs securely on its domainMTN Business has launched Bring Your Business Online, a platform that gives small and medium-sized businesses (SME) increased visibility by providing online presence on the MTN managed domain for less than R20 a month. Read More
Job fears in Senegal as Tigo outsources network managementPeople working for Tigo Senegal are worried about their jobs after the mobile operator signed an agreement that handed over the management of its network to the Swedish telecom giant Ericsson. Read More
JUMIA Côte d’Ivoire expands its operationsJUMIA has opened six new hubs in Cote d’Ivoire in the cities of Yamoussoukro, Bouaké, San Pedro, Daloa, Gagnoa, and Korogho. Read More
US firm Actifio drives into African marketsUS based company Actifio, which specialises in copy data virtualisation, has revealed its plans for the expansion of its footprint in the African markets. Read More
Richard Edet appointed Country Senior Officer for Alcatel-Lucent NigeriaAlcatel-Lucent has announced the appointment of Richard Edet, effective today, as Country Senior Officer and managing director for Nigeria. Read More
Africans to surge up the ranks of ultra-high-net-worth individualsThe number of ultra-high net worth individuals – those with at least $30 million in assets – in Africa will increase by a staggering 59% over the next 10 years, stronger than the 34% projected global growth. Read More
FEATURED STORY2bn priced out of internet access
A new report from the Alliance for Affordable Internet shows that the price of broadband remains prohibitive for billions in developing and emerging countries, with women and rural dwellers hardest hit.
BEST READ NEWS
IN DEPTHVillagers get solar training at Barefoot College
The Botswana Human Resource Development Council (HRDC) has seconded seven semi-illiterate mostly Ngwatle villagers for a six month solar electrification training course at the famed Barefoot College in India.