Foreign Currency Exchange rates, Courtsey of NMB Bank

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Glencore steps up debt reduction plan.

Mining company Glencore has set a new target to cut net debt to between $16.5bn and $17.5bn (£12.5bn-£13.5bn) this year.

In March, the aim was to cut debt to between $17bn and $18bn.
The attempt to further improve the company's balance sheet comes as it reported a 66% drop in first-half profit to $300m.
Glencore's half-year results showed it had been affected by turbulent commodity prices.
Despite the fall in profits, the company said asset sales left it on track to cut debt.
"We have already largely achieved our asset disposals target of $4bn to $5bn with a diverse and material pool of asset sales' processes also ongoing," said chief executive Ivan Glasenberg.
On Wednesday, the company also announced the planned sale of all future output of gold and a 30% stake in its Ernest Henry copper mine in Australia to Evolution Mining for A$880m ($670m) to help pay down debt.
Edward Sterck, metals and mining research analyst at BMO Capital Markets, said: "The underlying results are broadly in line with our forecast, the further asset sales are a positive here."

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Six facts to help you become Uber savvy .

UBER

Uber, the innovative app that connects riders with drivers at the push of a button is now available in over 475 cities in 75 countries across 6 continents, including Dar es Salaam. This means there’s no waiting on the street or walking through unfamiliar neighborhoods to find transport. Uber is a convenient way to get a safe, reliable and affordable ride.

The Uber app can be downloaded free from your app store for Android, iPhone and Blackberry 7. If you want to be part of this transport revolution here are six facts that will make you Uber savvy.

1.     Request a ride
Once your Uber App is open, Uber automatically uses GPS and Wi-Fi to pick up your location, alternatively you can enter the address for your exact location to request a ride. All of this can be done from the comfort of your home, office or whenever you need a ride.
To have a safe ride, ensure you’re getting in the right Uber. This can be done by checking that the license plate number of your car and driver match the one shown in the app.
2.     Get a Fare Estimate
Did you know that Uber allows you to view a fare estimate before requesting your ride? This makes it possible to budget before you even take a ride. The estimate gives you a bracket cost from a minimum to maximum amount you can pay for each trip. There are no hidden costs or surprises at the end of your trip.

3.     Split the fare with a friend
When travelling with friends, colleagues or family there's no need for you to pay for the trip alone. Uber has a cool feature that allows you split the fare equally between you and your travel companions, making it an even more affordable ride. Upon completion of your trip a receipt is emailed to you to show how much was charged from your account.

4.     Estimate your time of arrival
Uber is deeply committed to rider and driver safety, this is why the Uber App allows you to share your estimated time of arrival (ETA) and location with your loved ones. This enables them to track your trip and know where you are when you are traveling with Uber.

5.     Five-Star rating
Feedback at the end of each trip is essential to ensure that Uber continues to provide a world class service to riders and drivers. Upon completion of a trip a you and your driver need to rate each other and provide additional information about the trip. The rating is more than a thumbs up or down - it accumulates to show an overall quality performance of the driver-partner and affects future opportunities on the Uber platform.

6.     Support
The support team at Uber is available 24/7 to assist with any issues you might encounter during a trip. Uber also has a rapid response team dedicated to answer any urgent issues.
Uber is moving millions of global citizens every day by offering affordable and reliable rides at the touch of a button. The technology is creating thousands of economic opportunities and enabling smart cities of the future.  Do not be left behind, download the app and be part of this exciting global revolution.

-End-

About Uber

Uber’s mission is to help people get a ride at the push of a button - everywhere and for everyone. We started in 2009 to solve a simple problem - how do you get a ride at the touch of a button? Six years and over a billion trips later, we’ve started tackling an even greater challenge: reducing congestion and pollution in our cities by getting more people into fewer cars.

The Uber network is now available in over 475 cities in over 75 countries spanning 6 continents. To request a ride, users must download the free application for Android, iPhone, Blackberry 7, or register for Uber at www.uber.com/go. For questions visit www.uber.com

Social Links:

Twitter: @Uber_Tanzania

Facebook: /UberTanzania

Instagram: @Uber_Tanzania

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Soma mambo ya samatta.

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Water crisis hits many districts as wells dry up.

• Over the weekend they said the problem was severe all over the district and accuse district authorities of failing to find a lasting solution. One of them, Mr MGODE JOSEPH, out of desperation he drilled a well a few months ago. Unfortunately the well has since dried up.

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Mengi disowns ties with KM Prospecting Ltd.

IPP Executive Chairman Dr. Reginald Mengi 

IPP Executive Chairman Dr Reginald Mengi has disowned connections with KM Prospecting Limited, a company alleged to have defied the High Court’s Commercial Division judgment, saying he was neither a shareholder nor a director.

A widely-circulated media report last week had it that the High Court, summoned the philanthropist to explain why he should not be committed to prison for failure to satisfy a decree for 598,750 US dollars (about 1.2bn/-) payments.

It is alleged that such payments are in favour of three businessmen, Muganyizi Lutagwaba, Eric Mshauri and Charles Mgweo, as decree holders, following a dispute relating to purchase of shares, which was resolved by the court against Dr Mengi and K.M.

Prospecting Limited, currently judgment debtors. But according to a press statement availed yesterday, Dr Mengi’s advocate, Mr Deogratias Ringia, said his client is not a principal party in the case -- but KM Prospecting Limited.

Mr Ringia went on to explain that KM Prospecting Limited entered into the agreement with the plaintiffs. “This agreement is the subject matter of the case. Dr Mengi is not a shareholder or director in that company and was not a party to the agreement,” read part of the statement.

He said the judgment read by the Registrar of the High Court on January 28, this year, “my clients were not satisfied with the judgment thus, on February 1, 2016 we wrote a letter to the High Court requesting them to supply us with a copy of the judgment.”

“When we received a copy of the judgment, we discovered that the judgment had no date. In law, a judgment that is not dated is not a judgment at all. In other words it is invalid and it cannot be appealed against and the other side cannot execute such a judgment,” he said.

Mr Ringia identified that later on February 19, they wrote another letter requesting that the judgment be placed before the judge who wrote it so that the error could be corrected.

Unfortunately, he said we were not supplied with a dated judgment. He said they decided again to send another written reminder on March 10 and made many physical follow-up to the court but no avail.

The advocate maintained that in any case in the undated judgment, the High Court decided that there was no evidence to substantiate the two allegations which the plaintiffs advanced against Dr Mengi.

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Marekani Yaipatia Bilioni 895 Tanzania kufikia malengo .

Serikali ya Marekani, kupitia shirika lake la Misaada ya Maendeleo USAID, imeipatia Tanzania msaada wa dola Milioni 407 sawa na zaidi ya shilingi Bilioni 895 zitakazotumika kwaajili ya kuendeleza sekta za Kilimo, Afya, Nishati ya Umeme, Elimu na Utawala Bora, katika kipindi cha miaka mitano ijayo kuanzia mwaka 2016/2020.

Hati za makubaliano hayo zimetiwa saini Jijini Dar es salaam, kati ya Mkurugenzi wa Shirika la USAID, Bi. Sharon Cromer, na Katibu Mkuu wa Wizara ya Fedha na Mipango Dkt. Servacius Likwelile.

Msaada huo ni sehemu ya dola milioni 800, sawa na zaidi ya shilingi trilion 1.76 ambazo serikali ya Marekani kupitia USAID, imepanga kuipatia Tanzania ili kufanikisha Mpango wa Pili wa Maendeleo wa Taifa katika kipindi cha miaka mitano ijayo, wenye lengo la kuiwezesha Tanzania kufikia uchumi wa kati kupitia sekta ya viwanda ifikapo mwaka 2025.

Kiasi hicho cha fedha kitatumika na serikali ya Tanzania kupitia mfuko mkuu moja kwa moja wakati kiasi kingine kitatumiwa na Taasisi zisizokuwa za kiserikali zinazofanya shughuli zake hapa nchini kufanikisha malengo ya msaada huo.

Miradi iliyopewa kipaumbele ni pamoja na kupambana na UKIMWI na kifua kikuu, uzazi wa mpango, kupunguza vifo vya mama na mtoto, kukuza utawala wa kidemokrasia, usimamizi wa rasilimali za taifa, na kuwekeza kwenye sekta ya umeme ili kuimarisha sekta ya viwanda na uzalishaji mali

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Kujitoa EU: Uingereza Yawatoa hofu Watanzania .

Siku chache baada ya Uingereza kuamua kujitoa katika Umoja wa Ulaya (EU), Balozi wa nchi hiyo nchini amesema wataendelea kuimarisha uhusiano na Tanzania ili kuhakikisha uwekezaji haupungui.

Akijibu swali kuhusu athari zozote zitakazojitokeza kwa Tanzania baada ya Uingereza kujitoa EU, Balozi wa Uingereza nchini, Dianna Melrose alisema jana kuwa haitapunguza uwekezaji, misaada wala vita dhidi ya rushwa na uhalifu wa kimtandao.

“Uhusiano wetu utaendelea kuwa imara kama ulivyokuwa awali,” alisema Melrose.

Balozi Melrose alisisitiza kuwa Uingereza itaendelea kuwa mwanachama katika Baraza la Usalama la Umoja wa Mataifa (UN), Umoja wa Kujihami wa Nchi za Magharibi (Nato), Umoja wa nchi saba zilizoendelea zaidi duniani (G7), umoja wa mawaziri wa fedha na magavana wa benki kuu kutoka nchi zenye uchumi mkubwa duniani (G20) na Jumuiya ya Madola na kushirikiana na Tanzania.

Tangu Juni 23 Uingereza ilipopiga kura ya maoni kujitoa EU, umetokea mtikisiko mkubwa kati ya England na washirika wake Wales, Scotland na Ireland Kaskazini.

Kura hiyo ya maoni imesababisha Waziri Mkuu, David Cameron kutangaza kujiuzulu kwa kushindwa kwake kushawishi nchi hiyo kubaki EU.

Mtikisiko mwingine mkubwa umejitokeza katika masoko ya hisa ambapo tangu Alhamisi iliyopita yameporomoka na kupoteza Dola za Marekani trilioni mbili.

Ofisa Mtendaji Mkuu wa Soko la Hisa la Dar es Salaam (DSE), Moremi Marwa alisema soko lake na mengine Uingereza ni miongoni mwa nchi nne zenye mchango mkubwa wa kifedha kwa EU.

Takwimu zinaonyesha kuwa kwa mwaka jana pekee ilichangia Pauni 12.9 bilioni (zaidi Sh37.5 trilioni).

Kiasi hicho ni kikubwa kwa Sh10 trilioni ya bajeti ya Tanzania kwa mwaka ujao wa fedha, 2016/2017.

“DSE haijaunganishwa sana na masoko ya nje lakini tunao wawekezaji wengi kutoka Uingereza,” alisema Moremi na kubainisha kuwa, mabadiliko yanaweza yakaonekana Soko la Hisa la Johanessburg (JSE), Afrika Kusini.

Alipoulizwa Katibu Mkuu wa Viwanda na Uwekezaji, Profesa Adolf Mkenda kwamba Serikali imejipanga vipi kukabiliana na athari zitakazojitokeza baada ya Uingereza kujitoa alisema ni mapema sana kwa wizara yake na Tanzania kwa ujumla kutetereka kwa namna yoyote kwa sasa kwa kuwa uhusiano mkubwa uliopo ni ule wa kiuwekezaji.

“Uwekezaji siyo suala la siku moja,” alisema na kufafanua kuwa mikataba ambayo ilishatiwa saini ni lazima itekelezwe kama makubaliano yalivyofanywa. “Masoko ya hisa ndiyo yanayoweza kuathirika kwa muda huu mfupi,” aliongeza.

Mkurugenzi wa Uhusiano na Sheria wa Shirikisho la Wenye Viwanda Tanzania (CTI), Hussein Kamote alisema muda huo wa utekelezaji wa maadhimio ya kujitoa ni mrefu na huenda hatua za haraka zikachukuliwa kabla athari za kiuchumi hazijasambaa duniani kote.

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Lesotho Yakubali Kutekeleza Masharti Ya SADC.

WAZIRI MKUU wa Lesotho, Dk. Pakalitha Mosisili amekubali kutekeleza masharti yaliyowekwa na Wakuu wa Nchi na Serikali na Kamati ya Siasa, Ulinzi na Usalama ya Jumuiya ya Uchumi na Maendeleo ya Nchi za Kusini mwa Afrika (SADC Double Troika Summit), na kuridhia timu ya uchunguzi kwenda nchini humo kufanya uchunguzi wa hali ya kiusalama na kisiasa.

Dk. Mosisili ametoa uamuzi huo leo (Jumanne, 28 Juni, 2016) wakati wa kikao maalum cha Wakuu wa Nchi na Serikali (SADC Summit) na wakuu wa nchi wanaounda Kamati ya Siasa, Ulinzi na Usalama (SADC Organ on Politics, Defense and Security Cooperation) kilichofanyika kwenye Kituo cha Mikutano cha Kimataifa (GICC), jijini Gaborone, Botswana.

Pia amekubali viongozi waupinzani na baadhi ya maofisa wa kijeshi wanaoishi uhamishoni ambao walikimbia machafuko yaliyotokea nchini humo warejee nchini mwao na kuahidi kwamba atahakikisha wanapatiwa ulinziwa kutosha.

Januari mwaka huu, mkutano wa SADC Double Troika uliagizakwambaifikapo Februari Mosi, mwaka huuSerikali ya Lesotho iwe imetangaza matokeo ya Tume iliyoundwa kuchunguza matatizo ya kisiasa na kiusalama nchini humo hususan mazingira yaliyopelekea kifo cha marehemu Luteni Jenerali Maaparankoe Mahao ambaye alikuwa Mkuuwa Majeshi.

Kwaupande wake, Waziri Mkuu Kassim Majaliwa ambaye alikuwa akimwakilisha Rais Dk. John Pombe Magufuli katika kikao hicho amesema wamepitia ripoti iliyoundwa na timu ya SADC iliyochunguza kuhusu matatizo ya Lethoto ambayo iliwahoji Viongozi wa Serikali, Jeshi, Bunge na familia ya marehemu Luteni Jenerali Mahao.

“Lengo la hatuahiiza SADC ni kuhakikisha inarejesha hali ya amani na utulivu kwenye maeneo ya siasa, ulinzi na usalama katika nchi wanachama wa Jumuiya hiyo ili wananchi wake waweze kuishi vizuri,” amesema

Pia Waziri Mkuu amesema Tanzania inatarajiwa kukabidhiwa uenyekiti wa Wakuu wa Nchina Serikali na Kamati ya Siasa, Ulinzi na Usalama ya Jumuiya ya Uchumi na Maendeleo ya nchi za Kusini mwa Afrika (SADC Double Troika Summit), Agosti mwaka huu ambapo kitafanyika kikao kingine nchini  Tanzania.

Mkutano huo wa ulifunguliwa na Rais wa Botswana, Mhe. Lt. Jen. Seretse Khama Ian Khama na ulihudhuriwa na Waziri Mkuu Kassim Majaliwa ambaye alikuwa akimwakilisha Rais Dk. John Pombe Magufuli;  Rais wa Afrika Kusini, Bw. Jacob Zuma; Rais wa Msumbiji, Bw. Filipe Jacinto Nyusi; Rais wa Zimbabwe, Bw. Robert Mugabe, Mfalme Muswati wa III wa Swazland.

SADC Double Troika ni kikao maalum kinachojumuisha Wakuu wa Nchi na Serikali (SADC Summit) na wakuu wa nchi wanaounda Kamati ya Siasa, Ulinzi na Usalama (SADC Organ on Politics, Defense and Security Cooperation).

SADC Double Troika ni mkutano unaohusisha viongozi wakuu watatu wanaoongoza chombo cha ushirikiano wa siasa, ulinzi na usalama na wengine watatu kutoka kwenye Mkutano wa wakuu wa nchi wanachama wa SADC. Hawa wanawakilisha mwenyekiti aliyepo madarakani, mwenyekiti aliyemaliza muda wake na mwenyekiti ajaye ambaye huwa ni makamu mwenyekiti.

Chini ya muundo wa SADC, kuna mambo makuu mawili; la kwanza likiwa ni utangamano wa kikanda ambao unasimamiwa na mkutano wa wakuu wa nchi (SADC Summit) na la pili ni la siasa, ulinzi na usalama ambalo linasimamiwa na chombo maalum (SADC Organ).

Wajumbe wa mkutano wa SADC Organ ni Msumbiji (Mwenyekiti); Afrika Kusini (Mwenyekiti aliyemaliza muda wake) na Tanzania inayotarajia kuchukua uenyekiti wa chombo hiki ifikapo Agosti, 2016. Botswana, Zimbabwe na Swaziland ndizo zinaunda SADC Summit.

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Job Opportunities At Perfect Models Photography, Female Models Wanted, Application Deadline 30 Jul 2016

FEMALE MODELS POSITION 

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Tazara wins deal to transport Malawi fuel.

MALAWI government has contracted Tanzania-Zambia Railway Authority (TAZARA) to transport 48 million litres of petroleum products from Dar es Salaam port in the next 12 months, starting from next month.

This was revealed after a meeting between TAZARA and a delegation of eleven officials from the Malawi government in Dar es Salaam on Monday. The Malawi delegation was headed by Mrs Estelle Nuka, Board Member of the Malawi Energy Regulation Authority, according to a statement issued in Dar es Salaam.

TAZARA Managing Director, Bruno Ching’andu, assured the Malawi delegation that with the new leadership, the railway authority had the best management team to compete with any in the world and was fully geared to take the firm to another level.

“Our shareholders have recently appointed me and my deputy and between us we have vast engineering and business experience.

Together with the rest of our management, we have the best team that can compete with any in the world and are well prepared to handle the cargo you will be bringing to us,” Mr Ching’andu is quoted as saying in the statement.

TAZARA is also in discussion with the Zambian government and another private firm to begin transporting at least 14 million litres of fuel per month from the Port of Dar es Salaam to Zambia and the Democratic Republic of Congo (DRC) within the month of July 2016, he said.

The new leadership is credited for instilling discipline in the railway operations, with the firm now registering consistent and shorter transit times in freight trains as well as passenger trains, an impediment that tended to drive clients away in the past.

The new managing director has also ordered his management team to be customer-centric, giving maximum respect to the clients and being responsive to their needs.

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BoT to maintain inflation close to 5pc target.

THE Bank of Tanzania (BoT)

THE Bank of Tanzania (BoT) will continue pursuing prudent monetary policy in 2016/17 to keep inflation close to the medium-term target of 5 per cent, while ensuring that liquidity level is consistent with demands of various economic activities.

According to the bank’s monetary statement for the period ended June, this year, the bank will continue to deploy a mix of monetary policy instruments, while ensuring that money market operates efficiently towards sustaining stability of short-term interest rates.

The financial market will continue to be strengthened in line with the objective of widening participation and deepening financial markets instruments to facilitate better and efficient price discovery.

The bank will also implement reserve averaging framework that will provide flexibility to banks in managing liquidity more efficiently and thus help to reduce volatility of short-term interest rates.

The bank will continue to improve the monetary policy framework by solidifying its role in stabilisation of banks’ free reserves. Further, the BoT will enhance information sharing with banks to improve the functioning of the money market.

Also BoT will continue to monitor monetary aggregates cautiously and review them when need arises. Interest rates will continue to be determined by market forces with Treasury bills market being an anchor.

The bank will continue to work closely with market players to improve transparency of monetary policy operations and instil greater efficiency in the determination of market based interest rates.

This will further improve the function of the money market and reduce volatility in the interbank cash market, while increasing the role of interest rates in the transmission of impact of monetary policy actions.

The exchange rate will continue to be market determined, with the bank participating in the foreign exchange market for liquidity management purposes and intervening occasionally to smooth out excessive short term volatility in the exchange rate.

This will be done while ensuring that foreign exchange reserves are maintained at not less than four months of import cover.

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CRDB awaits East African monetary union to go regional.

CRDB Managing Director, Dr. Charles Kimei

CRDB Bank is waiting eagerly for East African Monetary Union to springboard their regional expansion drive, its Managing Director, Dr Charles Kimei, has said.

Dr Kimei said the monetary union will harmonise bank regulations and in that way cut costs and time for banks in the bloc in opening branches in the region. “We (CRDB) have a plan to cross more borders.

But of late we have been hesitating as there is a plan to create monetary union for EAC,” Dr Kimei said in a recent interview.

Dr Kimei, who is also the chairperson of Tanzania Bankers’ Association, said once the monetary union is created it will be easier to open a branch anywhere in the EAC member states because they will harmonise banking regulations in the region.

“This will help us in doing business. If I want to cross to Kenya, for example, I just open a branch like I open in Tanzania, because it will be supervised by Central Bank of Kenya like what our central bank does,” Dr Kimei said.

The monetary union would also apply to Uganda, Rwanda, Burundi, and even South Sudan. CRDB currently has a subsidiary in Burundi with three branches. In the run-up to achieving a common currency, the EAC nations aim to harmonize monetary and fiscal policies and establish a common central bank.

At the moment Kenya, Uganda, Tanzania and Rwanda are presenting their budgets simultaneously every June. In late 2013 the EAC countries signed a joint protocol setting out the process and convergence criteria for the monetary union.

The union envisaged in 2024 is the introduction of a common currency to replace the national currencies of member countries.

Out of EAC, CRDB Bank eyes to expand to Lubumbashi in DR Congo to tap the growing potential in the area. “There are a lot of businesses in Congo and our approach is to follow our customers and we have them already in Lubumbashi,” Dr Kimei said.

The bank estimates that some 1,500 Tanzanians are doing various businesses in Lubumbashi, including government institutions such as Tanzania Port Authority.

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Ethiopian airline receives Africa's first airbus A350 .

Ethiopian Airline Airbus A350 XWB.

Ethiopian Airlines, a major airline connecting Africa with the rest of the World, continued its aviation technology leadership with yet another first African Airbus A350 XWB.
In its 70-year history, Ethiopian claims many firsts in the African aviation industry. The A-350 XWB will be the first airbus aircraft in Ethiopian fleet and the first of its kind in Africa.
All seats are fitted with the latest high-definition touchscreen personal monitors and a higher selection of movies, TV series and audio channels.
Inflight Wi-Fi connection will be made available on this aircraft in the future. Passengers with smart devices can connect to the world while others can use the smart individual touch screens on their seats when the internet service goes operational. 

Group CEO of Ethiopian Airlines Tewolde GebreMariam said: “We are very pleased that Ethiopian has taken the leadership role in Africa and has become among the few leading airlines in the world to invest in this latest technology and efficient flying machine. Operating the youngest fleet in the industry with modern and comfortable customer features in cabin is one of the four pillars of our vision 2025 15 years strategic road map and the introduction of the A-350 is one component of this strategy.”
Tewolde added: “We have also made sure that our aircraft is designed and configured to surpass the expectations of our customers. Africa’s first A350 will provide new features such as wider seats in both Business and Economy classes the lowest twin engine noise level, advanced air conditioning technology and full LED mood lighting to enhance the comfort while reducing fatigue after a long flight.” 
He said: “The Airbus 350 XWB will enable us to further expand our service quality especially on our long-haul flights and strengthen our connectivity and herald with the least carbon emission to our planet.”

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Hii Hapa Orodha ya Nchi kumi (10) Maskini Zaidi Duniani Mwaka 2016.

Nchi inaweza kuwa maskini zaidi duniani kama wana Pato duni la Asili , Kuna rasilimali kidogo, ukosefu wa ajira na maendeleo ya chini ya kiteknolojia. Nchi hizi kuwa na rasilimali zisizoweza kulisha idadi ya watu wao. Watu wanaishi katika hali ya njaa kwa ajili ya kukosa chakula.  .

Programu ya Umoja wa Mataifa ya Maendeleo imechukua nyanja kuu tatu kama vile elimu, maisha marefu na upatikanaji wa rasilimali, kama kiashiria kulinganisha ubora wa maisha na maendeleo ya rasilimali za nchi . Katika makala hii nimekuwekea orodha ya nchi 10 maskini zaidi duniani mwaka 2016




10. Angola 

 Angola rasmi kuitwa kama Jamhuri ya Angola, ambayo ni nchi ya kumi kwa maskini  duniani. Wingi wa watu kuwa na kiwango cha chini cha maisha na umri wa kuishi ni mbaya zaidi  duniani. Nchi hii inakabiliwa na umaskini wa 70% hata kama ina wingi wa maliasili. Hali ya maisha bado ya chini kwa zaidi ya idadi ya watu na kiwango cha vifo vya watoto wachanga pia ni mbaya. Nchi hii ina tarafa tatu za kijeshi kama Jeshi, Taifa lina Jeshi la Anga na Navy na wafanyakazi jumla ya 110,000.




9 Surinam 

Nchi hii kushiriki katika mazao ya kilimo na malighafi za uzalishaji katika upande mmoja na kwa upande mwingine kuzalisha bidhaa za thamani ya juu kutoka sekta ya madini .msingi wa Uchumi  utegemea uzalishaji wa alumini  ambayo inasaidia ukuaji wa pato la Taifa (GDP). Nchi inakabiliwa na uchafuzi wa mazingira ya mkondo wa maji inayosbabishwa na shughuli za wachimaji wadogo wadogo wa madini. Ni moja ya nchi maskini kwa uwiano wa hadi 70%.




8. Guatemala 

Guatemala ni nchi hiliyopo katika Amerika ya Kati na inaeneo la 108,890 km2 na ina idadi ya watu 15,806,675. sababu Kuu muhimu kwa kiwango cha nchi hiyo kuwa duni ni Ukosefu wa elimu na ukosefu wa mafunzo kwa walimu wa vijijini. Hii nchi ni maskini zaidi kwa 75% ya watu katika umaskini. kwa mujibu wa  Shirika la Maendeleo la Umoja wa Mataifa.




7. Liberia

 Liberia ni nchi hiliyopo Afrika Magharibi ambayo inaidadi ya watu wapatao milioni 4 na Kiingereza ndio kama lugha yao rasmi. Liberia sasa inakabiliwa na suala la afya ya hatari inayojulikana kama Ebola Virus, kutokana na Ugonjwa huo ambayo unauwa watu wengi  na serikali inachukua hatua za kulinda watu wao kutokana na ugonjwa huu. Hadi 1990, uchumi ulikuwa na msingi wa kuuza nje ya Nchi chuma na mpira na miundombinu ya uchumi wa nchi kwa kiasi kikubwa kuharibiwa na vita vya wenyewe kwa wenyewe. uwiano wa umaskini ni 80%  duniani.




6. Haiti 

Haiti ni moja ya nchi maskini zaidi duniani  ina umaskini wa 80% na pato la chini. Kazi kubwa ya watu katika nchi hii ni kilimo na inayopata ushirikiano kibinadamu kwa mwaka kutoka nchi zilizoendelea. Katika mwaka 2010, watu kote milioni tatu walikuwa walioathirika na tetemeko ambayo yalisababisha uharibifu mkubwa. Hii lilikuwa ni taifa la kwanza huru  Amerika ya Kusini lakini idadi kubwa ya watu katika nchi hii ina kiwango cha chini cha kuishi kwa sasa ikilinganishwa na nchi nyingine Caribbean.




5. Moldova 

 Moldova ni nchi ya tano kwa umaskini duniani ambayo ina wakazi milioni nne. . Watu wa nchi hii wanaishi na kiwango cha umaskini wa 80% ambayo inafanya nchi kuwa maskini zaidi. Kazi kubwa ni kilimo kani watu wengi wanategemea mapato yake. Hata kama Pato la Taifa la nchi hii limeongezeka ikilinganishwa na miaka michache iliyopita bado ni nchi maskini barani Ulaya.




4. Chad 

Chad ni nusu jangwa nchi ambayo inakabliwa na migogoro ya ndani na miundombinu duni. Hali ya afya na kijamii si bora hivyo nchi inakabiliwa na umaskini wa 80%. Mapato ya nchi hii ni hasa kutegemea mauzo ya mafuta, uzalishaji wa dhahabu na urani. Watu kufanya matumizi ya mapato yao kununua silaha na ni nchi ya nne maskini zaidi duniani kwa umaskini.




3. Zimbabwe 

Nchi Zimbabwe iko Kusini mwa Afrika ambayo ina utalii kama sekta muhimu. Nchi hii ilikuwa na ukuaji chanya ya kiuchumi katika miaka ya 1980 lakini baada ya mwaka 2000 uchumi ulianza kushuka kwa asilimia kubwa. Sababu kuu ya kushuka kwa uchumi ilikuwa ni uzembe na rushwa na serikali na pia ugawaji wa ardhi kwa wakulima zaidi ya 4,000 weupe. Wakati wa 2008, Zimbabwe wanakabiliwa na mfumuko wa bei hadi 100% ambayo ilifanya watu wao kukopa mambo ya msingi kutoka nchi jirani. Ni nchi ya tatu maskini zaidi duniani kwa sababu ya umaskini uwiano wa 80%.




2. Ukanda wa Gaza 

 Ukanda wa Gaza ina wakazi wanaokadiriwa 1816379 pamoja na eneo la karibu 360 km2. Wastani wa kuishi katika Ukanda wa Gaza ni 72, kwa mujibu wa Mpango wa Maendeleo la Umoja wa Mataifa. Uchumi ni mbaya sana na ukosefu wa ajira na umaskini ni idadi ya 81% ambayo ilifanya nchi kuwa ya pili  kwa umaskini duniani. Kazi kubwa kwa watu katika nchi hii ni kilimo, ujenzi na viwanda.




1. Zambia

Zambia ni moja ya wazalishaji wa shaba duniani na uchumi wake unategemea zaidi uwekezaji wa kigeni katika shaba. Nchi hii ina uwiano wa umaskini wa 86%. Ni nchi maskini zaidi duniani ambayo Watu saba kati ya  kumi wanaishi chini ya dola mbili kwa siku na wastani wa kuishi nchini Zambia ilikuwa miaka 51.

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Ramokgopa’s fate still undecided .

Executive mayor Kgosientso Ramokgopa. Picture: Tracy Lee Stark

The ANC still can’t agree on whether it will give Tshwane’s current mayor another go or opt for Mapiti Matena. It has, however, announced its candidates for all the other metros.

After lengthy deliberations regarding mayoral candidates on Saturday, lasting well into the night, the ANC national executive committee (NEC) could not decide on the party’s mayoral candidate for the City of Tshwane for the August 3 municipal elections.
ANC secretary-general Gwede Manstashe told reporters: “Let me explain what happened in Tshwane. The region submitted names and the province was not convinced about those names but they brought those names to the NEC. The NEC has a proposal of what should be done in Tshwane. But before we announce that proposal we have mandated a delegation of the NEC to go to Tshwane tomorrow [Sunday] to meet the branches of the ANC.”
He said the Tshwane mayoral candidate would be announced after that process. The Tshwane region had initially put three names forward but Mantashe said the third had been removed.
“We are left with two names. I don’t want to venture into who those [remaining] two people are until a decision is taken. Branches are going to be engaged… so that everybody must support the name that is put forward,” said Mantashe.
The ANC in Tshwane was divided between incumbent Tshwane mayor Kgosientso Ramokgopa, also ANC regional chairperson in Tshwane, and his ANC Tshwane deputy chairperson Mapiti Matsena.
The opposition Democratic Alliance’s mayoral candidate Solly Msimanga and the Economic Freedom Fighters have been on extensive campaigns across Tshwane, hoping to snatch the capital city from the ANC in the tightly contested August 3 elections.
“In Nelson Mandela [Bay] Danny Jordaan is going to be the mayor. In Ekurhuleni our mayoral candidate is Mzwandile Masina. In Johannesburg comrade Parks Tau is the mayoral candidate. We have not finalised the process in Tshwane,” Mantashe told reporters at the St George Hotel in Pretoria shortly before midnight.
The party announced its mayoral candidates for the other metropolitan and “strategic” municipalities for the August 3 local government elections.
Mantashe said the ANC was convinced that the list of mayoral candidates presented consisted of “some of the best comrades among our ranks to advance our programme of radical socioeconomic transformation”. He called on ANC supporters to support the mayoral candidates.
“The ANC has been on the ground interacting with our people across the length and breadth of our country. We have no doubt that South Africans, in their overwhelming majority, will renew the mandate of the ANC to build on the solid foundation over the last 15 years of democratic local governance,” he said.
“The ANC is pleased to present the following comrades as candidates of our people for mayors in the 2016 local government elections,” Mantashe told reporters shortly before midnight.
“The NEC does so cognisant of the fact that no single individual working alone can deliver on our people’s aspirations. It is the leadership collectives of the organisation and government working together with our communities that will advance people’s power in every community,” Mantashe said.
The ANC mayoral candidates for the metropolitan municipalities are:
– Mangaung: Olly Mlamleli;
– Buffalo City: Xola Pakati;
– Nelson Mandela Bay: Danny Jordaan;
– City of Cape Town: Xolani Sotashe;
– City of Ekurhuleni: Mzwandile Masina;
– City of Johannesburg: Parks Tau; and
– eThekwini: Zandile Gumede.

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SADC tells Lesotho to shape up .

African Union Commission chairperson Dr Nkosazana Dlamini-Zuma. Photo: Gallo Images

SADC wants a special summit to discuss Lesotho’s instability and even Dlamini-Zuma has criticised the mountain kingdom.

The Southern African Development Community (SADC) has called for a special summit to discuss Lesotho’s seemingly endless instability.
The regional body had given Lesotho until Friday to submit a progress report about how it had implemented recommendations of a commission of inquiry established by SADC to probe the instability in the tiny kingdom after the brazen murder of former Lesotho Defence Force (LDF) commander Maaparankoe Mahao on June 25, 2015.
Lesotho failed to meet Friday’s deadline but Foreign Minister Tlohang Sekhamane said his government would strive to submit the report this week. The report is expected to form the basis of the special double troika summit to be convened in Botswana on June 27 and 28.
A letter dated June 13 from SADC executive secretary Stergomena Lawrence Tax to Sekhamane explained that the summit was being convened by SADC chairman and Botswana President Ian Khama to review the situation in Lesotho, about six months after Lesotho received the report of the regional body’s inquiry.
“The double troika summit will consider the political and security situation in the Kingdom of Lesotho, specifically the implementation of SADC decisions. To this effect, you are requested to submit a progress report that will facilitate preparations of the meeting. We will appreciate receiving the progress report by 17 June 2016,” Tax said in the letter, copied to the foreign ministers of Botswana and Mozambique.
SADC will convene the summit amid escalating political tensions in Lesotho with an alliance of civic groups recently staging a well-attended protest march to demand implementation of the SADC recommendations. The civic alliance, including key trade unions, business, and church groupings, has threatened more protests if there is no progress in implementing the recommendations. The Lesotho government has pleaded for their patience, saying reforms cannot be implemented overnight.
African Union Commission chairwoman Nkosazana Dlamini-Zuma recently weighed in with an uncharacteristically strongly worded statement condemning “the deteriorating state of human rights, rule of law, and constitutionalism in the Kingdom of Lesotho”.
This followed an attack on the house of arch government critic and vice-chancellor of the University of Lesotho Professor Mafa Sejanamane last month.
At a recent press conference, the bosses of the Lesotho Mounted Police Service denounced the spate of killings in the country. The opposition All Basotho Convention (ABC) claimed four people recently shot dead at a public bar were its supporters but police attributed the killings to criminality. The opposition has been generally quick to claim that people who died in a spate of shootings this year were its supporters. But the killings could also be attributed to criminals.
The Lesotho government hit back at Dlamini-Zuma with Police Minister Monyane Moleleki saying Lesotho “was not a jungle” and did not deserve such a hard-hitting statement.
Central to the recommendations of the SADC inquiry – led by Botswana Judge Phumaphi Mphapi – is the dismissal of reappointed LDF commander Tlali Kennedy Kamoli, whose actions are seen as being central to the crisis in Lesotho.
The recommendations include the prosecution of all those behind the killing of Mahao, Kamoli’s predecessor and archenemy. They also include key constitutional and security reforms to curtail the army’s long history of political meddling and the return of all exiled opposition leaders.
All Lesotho’s opposition leaders, led by former prime minister and ABC leader Thomas Thabane, are living in South Africa after alleging assassination attempts by members of the LDF.
Despite the SADC recommendation to fire him, Kamoli is still firmly ensconced in his job six months after Lesotho received the SADC report and indications are that he will not be fired. In fact, some critics say he is running the country.
Even though the government has largely been mum on his fate, a spokesman of one of the main parties in Prime Minister Pakalitha Mosisili’s coalition declared recently that “Kamoli would not go anywhere”.
Opposition parties, who are speaking jointly, say they are not surprised by the government’s failure to submit the report by Friday as demanded by SADC, because the “government has nothing to report” and “has done absolutely nothing to implement the recommendations”.
The crisis began when Kamoli attempted a coup against Thabane on August 30, 2014 – a day after Thabane fired him as LDF commander.
This was all in the wake of fractious relations between Thabane and his then key coalition ally Methotjoa Metsing. A deal brokered by South African Deputy President Cyril Ramaphosa resulted in early elections in February last year which brought Mosisili, who had ruled Lesotho for 14 years before being ousted in 2012 elections, back into power in a new pact with Metsing, who retained his post as deputy prime minister. Mosisili’s government was then accused of launching a reign of terror against opponents, with Kamoli being at the centre of the controversy.
Mahao, whom Thabane had appointed to replace Kamoli, was murdered in a brazen raid near his farm by LDF officers, plunging the country into crisis and resulting in SADC’s intervention. Dozens of soldiers accused of loyalty to Mahao were arrested and tortured. Many are still in custody pending courts martial for plotting an alleged mutiny.
Lesotho was nearly booted out of SADC after initially refusing to accept the SADC inquiry report before a last-minute change of heart by Mosisili, who accepted the report in January this year.
Lesotho had expected to be asked for a progress report at a SADC summit due in August. The fact that it’s being asked to account earlier could be an indication that Khama is taking the matter of resolving the crisis in the ever-squabbling kingdom seriously.
– African News Agency (ANA)

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Over half of imported goods in Tanzania are fake .

Tanzania continues to grapple with increased trade in counterfeit goods with more than half of its imported goods being fakes, a new study shows.

A research commissioned by the Confederation of Tanzania Industries (CTI) found that at least 50 per cent of goods used in the country including drugs, foods, and construction materials are fake.

In his presentation, Prof Honest Ngowi of the Dar es Salaam-based Mzumbe University campus said that the findings resulted from interviewing 250 consumers and 47 manufacturers countrywide.

The acting CTI chairman, Mr Evasist Maembe, said at a forum that the business lobby group commissioned the research due to an "alarming" increase in counterfeit goods, especially imported items from China, Bangladesh, Vietnam, Singapore, Kenya, South Africa and others.

According to the study, porous borders are to blame for imported counterfeits, as well as the existence of domestically produced fake goods and lack of levelled playing field in the market.

Prof Ngowi said among the reasons for the rampant fake commodities include wrong view of free market economy, organised counterfeit dealers and poverty which encourages preference for the low-priced fake goods.

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DCB shares 1.55bn/- dividend to shareholders .

DCB Bank CEO Mr.Edmund Mkwawa

THE DCB Commercial Bank Plc issued a 1.55bn/- dividend to its shareholders as it opened its ninth branch in Dar es Salaam to be known as Benjamin Mkapa City Branch.

Speaking during a launching of the branch, the bank Chief Executive Officer, Mr Edmund Mkwawa, said the dividend is the profit the bank got last year. Some of the shareholders who got the dividend include the Dar es Salaam City Council, Temeke, Kinondoni and Ilala municipalities.

Mr Mkwawa said the bank capital stands at 32bn/- compared to initial capital of 1.1bn/- when the bank started in 2002. Moreover, the bank assets increased from 3.05bn/- in 2006 to 171.4bn/- last year which is a raise of more than 5,622 per cent.

He said this year they expect to record a 6.8bn/- profit after tax while they are improving their infrastructure to cope with the current market needs.

Mr Mkwawa urged the Minister of State in the President’s Office -Regional Administration, Local Government, who was the chief guest during the event to pass over the message to the Minister for Finance over the government decision that all parastatals, government agencies and institutions to open an account with the Bank of Tanzania saying the decision will hinder the private bank development.

The bank board Chairman, Ambassador Paul Rupia, handed over the 30m/- as the bank’s corporate social responsibility for the purchase of 300 school desks for the three municipalities.

Opening the bank, Mr Simbachawene called for efficiency in the bank delivery and should open up more braches upcountry. He underscored the need for the municipalities to utilize fully the services offered by the bank in which they are shareholders for it to operate competitively.

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Habari Zilizopo Katika Magazeto ya Leo Jumapili ya June 19 .

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