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
TNM first quarter net profit jumps to K1.8 billionMalawi's mobile telecoms network service provider TNM continues to realise an increase in net profit from operations. Read More
Revenues from tablet games to tripleNew data from Juniper Research has revealed that by 2019 worldwide revenues from tablet games will reach $13.3 billion – a threefold rise on the 2014 figure of $3.6 billion. Read More
Airtel Uganda hosts high value customers at Business Leaders’ ForumAirtel Uganda has hosted an Enterprise Expo in Mbarara district, Western Uganda, as part of efforts to provide practical and modern business solutions to its high value customers. Read More
Safaricom, Airtel complete yuMobile dealSafaricom and Airtel have completed the US$120 million acquisition of yuMobile from Essar Telecom. Read More
GrowthAfrica, Usahibu partner to solve SME accounting issuesKenyan accelerator GrowthAfrica has partnered cloud computing firm Uhasibu in a bid to address the accounting and financial software needs of East African startups and small and medium enterprises (SMEs). Read More
Top 10 risks worth considering when expanding into AfricaCompanies planning to expand across Africa must make a concerted effort to understand the risks, and not assume they “know” Africa, says ContinuitySA. Read More
Shop Soko connects Kenyan artisans to lucrative international marketsA new e-commerce platform, Shop Soko, is helping Kenyans access a lucrative international market. Read More
Ricoh SA begins rollout of new services-led strategy, Africa expansionJacques van Wyk has been appointed Ricoh SA’s new COO to drive the expanded strategy that will enable the business to become a services-led organisation and see its expansion into the rest of Africa. Read More
Stock Exchange launches news serviceA news service by the name of X-News has become the latest product coming from the local bourse, the Botswana Stock Exchange (BSE) recently. Read More
FEATURED STORYSafaricom-Equity battle for mobile banking hots up
Equity bank's entry to the mobile banking and telephony industry is still hanging in the balance with London-based global association of mobile operators (GSMA) calling for independent audit.
BEST READ NEWS
IN DEPTHKenya rolls out e-extension to improve agriculture
In a bid to curb the overwhelmed number of agricultural extension officers in Kenya, the ministry of agriculture is embracing technology with their introduction of E-Extension services, which are aimed at reaching out to over 7 million farmers annually.