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AGRICULTURE MINISTRY PLANS TO INVEST IN REPYRETHRUM PRODUCTION

THE Ministry of Agriculture has expressed its zeal to invest heavily to revitalise and boost the production of Pyethrum from the current 2400 tonnes to 5,000 tonnes per year by 2025. Responding to a question from Mbeya Rural MP Oran Njeza, Minister for Agriculture Japhet Hasunga said that through the implementation of the 10- Year Strategic Plan (2011-2021) that targets at strengthening pyrethrum production in southern regions, the government is implementing several measures to ensure that the farmers benefit from the crop. In his basic question, Njeza wanted the government's plan in increasing production as well as boosting the access of the pyrethrum cash crop to the growing demand at the global market. Minister Hasunga said that in a bid to increase production of the crop the government has decided to bring together farmers into forming groups where so far a total of 137 groups of farmers have been formed. "Through formation of these groups farmers have been exposed to knowledge that has led to improvements in the quality of the produced yield which has steadily improved to 1.3 per cent against the international required average standard of 1.24 percent," Hasunga said. According to him, the government has continued to encourage farmers to join the Agriculture Marketing Co-operative Societies (AMCOs) where so far three AMCOs have been registered and other 10 are in the final stages of registration. He asserted that despite all these efforts, the governmnet will also continue to provide education to farmers on the application practices (GAPs) to increase production and improve the quality of market that meets the global market demand. The government will continue to encourage investment especially value addition where there are currently two processing plants in the country, namely Tanextract factory located in Inyala Region and Pyrethrum Company of Tanzania (PCT) factory located in Mafinga, Iringa Region," he said. He however added that the industries are capable of processing between 2800 and 3000 tonnes each per annum. The government will continue to encourage farmers to engage in commercial agriculture through the contract farming system. The government will also continue to conduct domestic and foreign market research using envoys representing Tanzania in ther respective countries to ensure that the country wins access to the global pyrethrum market," he added.

HALF OF NORTHERN ZONE FACTORIES FALL SHORT OF ENVIRONMENTAL RULES

PRODUCTIVE industries still leave a lot to be desired when it comes to protecting the environment, if recent inspection in Northern Zone is anything to go by. Apparently as Tanzania marks the 46th World Environment Day, the National Environment Management Council (NEMC) inspected a total of 460 factors in the Northen Zone and discovered that more than 53 per cent fell short to nature protection rules and regulatior "There are 260 factories that lack the environment certification, some were established without undergoing the Environment Impact Assessment (EIA), while others still breached the required regulations in their respective operations," revealed NEMC's Zonal Manager Lewis Mtemi. That means out of 460 factories that have been inspected by NEMC, some 200 possess clean bills of health regarding the set standards of enviroment protection. The NEMC Northern Zone Assistant Engineer, Ms Nnacy Nyenga, pointed out that communities have started to take negative environment occurrences as normal and therefore, even when cautioned against destructive habits, they hardly take heed. "People are used to drought, famine and other hazards thinking it is normal, not working that most of these disasters are man-made, resulting to negative effects of climate change and global warming," she said. As Tanzania joins the rest of the global community is observing the 46th 'World Environment Day,' with this year's theme being 'Celebrate Biodiversity,' the NEMC has opted to use the media in conveying 'green' messages to the public in a bid to play safe amid the Covid-19 pandemic. The World Environment Day (WED) is celebrated on 5 June every year, and is the United Nations' principal vehicle for encouraging awareness and action for the protection of our environment. The Day was first held in 1974, and since then it has been a flagship campaign for raising awareness on emerging from environmental issues to marine pollution, human overpopulation, and global warming, to sustainable consumption and wildlife crime.

SACCOS LOAN PORTFOLIO INCREASES

The total loans issued by the Savings and Credit Cooperative Societies (SACCOS), in the country increased to 927.66n/- in the year ending December last year from 833.89bn/- in the corresponding quater which is a sign of rising credit to finance various economic activities. According to the Bank of Tanzania (BoT), Consolidated Zonal Economic Performance Report for the period ending December last year shows that on quartely basis, the total loans issued rose by 15.21bn/- compared from 912.45bn/- in the preceding quarter. During the period, the number of SACCOS decreased from 4,177 at the end of December 2018 to 3,714 at the end of December 2019. Despite the decrease in the number of SACCOS, the total number of members, share values, value of deposits, savings, loans issu outstanding loans increased. The value of shares of the Saccos members in the country decreased to 57.06bn/- in the period under review comparedto 53.63bn/- registered in the corresponding period 2018. The total savings by the Saccos members increased to 200.21bn/- compared to 176.48bn/- in 2018. During the reference period, the members' total deposits in the Saccos increased to 51.67bn/- compared to 39.53 bn/- in the period ending December 2018. The total outstanding loans of the Saccos members to 472.63bn/- in the period ending December compared to 332.78bn/- registered in the corresponding period 2018. During the reference period, the number of Saccos members in the country decreased to 3,714 the quater ending December compared to 4,177 in the period ended 2018. During the period under review, the number of Saccos in the country increased to 711,507 in the quarter under review from 620,616 in the corresponding quarter 2018. Saccos play important role in socioeconomic of members and communities in general as they enable easy access to financial services to people, encourage savings, create employment opportunities, support directly community development effort like helping community access to socail services, stimulated growth.

TPDC MOVES TO REPOSSESS ITS ASSET ACQUIRED ILLEGALLY

TANZANIA Petroleum Development Corporation (TPDC) has repossessed one of its buildings, which were leased to Sacossa Limited without a valid legal agreement. The company has also been ordered to pay acured rent of 330m/ -to allow TPDC to benefit from the asset which was used as a warehouse. The Permanent Secretary in the Ministry of Energy Eng Zena Said, said on Tuesday in Dar es Salaam that, the recovery of the building was part of ongoing efforts by the government to repossess all its assests whos ownership is doubtful. She said that the fifth phase government unders President John Magufuli formed a special committee to verify the government assets in efforts to ensure that they are beneficial to the country. The building located on Plot No 1022 at Mikocheni Industrial Area in Dar es Salaam was officially handed over to the TPDC yesterday. The PS said that although TPDC has resolved the dispute with Sacossa Ltd, the company will be required to pay the accrued rent because it has been using the warehouse since 2006 to date. "The verification of government assets is ogoing ..or ministry is also involved by making follow up on our institutions to ensure that all assets with disputed ownership are being repossessed, " the PS said. For his part, TPDC Managing Director James Mataragio said that his corporation owns various assets such as buildings and plots that's why it formed a task force to ensure that they are properly managed. "The task force was responsible for verifying all asserts whose ownership has caused legal disputes with other companies or institutions," he said. He said that TPDC being owner of plot No 1022 located in Mikocheni Industrial Area, leased the building to Saccosa Limited to be used for business purpose but the company failed to pay the required rent. Mr Mataragio noted that despite efforts undertaken by TPDC but the company failed to clear the debt adding that it could not evict the tenant due to various reasons including court's injuction. He said TPDC continued to take various steps among them holding meetings with the respective company which resulted into repossession of the building. "It was also agreed that Sacossa Limited should pay the accured rent of 330,240,00/- from February 2006 to May 2020, " Mr Mataragio said. He further noted that the handover of the building was just part of the agreement reached between two parties adding that TPDC will make close prompt follow up to make sure that the payment is also cleared. The DG assured that TPDC will ensure that all government assets are protected and being used for the benefit of the corporation and the nation in general. A representative from Sacossa Limited who is also one of the directors Mr. Donacien Kambamba said that his company will work on the government directives as stipulated in the agreement. TANZANIA Petroleum Development Corporation (TPDC) has repossessed one of its buildings, which were leased to Sacossa Limited without a valid legal agreement. The company has also been ordered to pay acured rent of 330m/ -to allow TPDC to benefit from the asset which was used as a warehouse. The Permanent Secretary in the Ministry of Energy Eng Zena Said, said on Tuesday in Dar es Salaam that, the recovery of the building was part of ongoing efforts by the government to repossess all its assests whos ownership is doubtful. She said that the fifth phase government unders President John Magufuli formed a special committee to verify the government assets in efforts to ensure that they are beneficial to the country. The building located on Plot No 1022 at Mikocheni Industrial Area in Dar es Salaam was officially handed over to the TPDC yesterday. The PS said that although TPDC has resolved the dispute with Sacossa Ltd, the company will be required to pay the accrued rent because it has been using the warehouse since 2006 to date. "The verification of government assets is ogoing ..or ministry is also involved by making follow up on our institutions to ensure that all assets with disputed ownership are being repossessed, " the PS said. For his part, TPDC Managing Director James Mataragio said that his corporation owns various assets such as buildings and plots that's why it formed a task force to ensure that they are properly managed. "The task force was responsible for verifying all asserts whose ownership has caused legal disputes with other companies or institutions," he said. He said that TPDC being owner of plot No 1022 located in Mikocheni Industrial Area, leased the building to Saccosa Limited to be used for business purpose but the company failed to pay the required rent. Mr Mataragio noted that despite efforts undertaken by TPDC but the company failed to clear the debt adding that it could not evict the tenant due to various reasons including court's injuction. He said TPDC continued to take various steps among them holding meetings with the respective company which resulted into repossession of the building. "It was also agreed that Sacossa Limited should pay the accured rent of 330,240,00/- from February 2006 to May 2020, " Mr Mataragio said. He further noted that the handover of the building was just part of the agreement reached between two parties adding that TPDC will make close prompt follow up to make sure that the payment is also cleared. The DG assured that TPDC will ensure that all government assets are protected and being used for the benefit of the corporation and the nation in general. A representative from Sacossa Limited who is also one of the directors Mr. Donacien Kambamba said that his company will work on the government directives as stipulated in the agreement. TANZANIA Petroleum Development Corporation (TPDC) has repossessed one of its buildings, which were leased to Sacossa Limited without a valid legal agreement. The company has also been ordered to pay acured rent of 330m/ -to allow TPDC to benefit from the asset which was used as a warehouse. The Permanent Secretary in the Ministry of Energy Eng Zena Said, said on Tuesday in Dar es Salaam that, the recovery of the building was part of ongoing efforts by the government to repossess all its assests whos ownership is doubtful. She said that the fifth phase government unders President John Magufuli formed a special committee to verify the government assets in efforts to ensure that they are beneficial to the country. The building located on Plot No 1022 at Mikocheni Industrial Area in Dar es Salaam was officially handed over to the TPDC yesterday. The PS said that although TPDC has resolved the dispute with Sacossa Ltd, the company will be required to pay the accrued rent because it has been using the warehouse since 2006 to date. "The verification of government assets is ogoing ..or ministry is also involved by making follow up on our institutions to ensure that all assets with disputed ownership are being repossessed, " the PS said. For his part, TPDC Managing Director James Mataragio said that his corporation owns various assets such as buildings and plots that's why it formed a task force to ensure that they are properly managed. "The task force was responsible for verifying all asserts whose ownership has caused legal disputes with other companies or institutions," he said. He said that TPDC being owner of plot No 1022 located in Mikocheni Industrial Area, leased the building to Saccosa Limited to be used for business purpose but the company failed to pay the required rent. Mr Mataragio noted that despite efforts undertaken by TPDC but the company failed to clear the debt adding that it could not evict the tenant due to various reasons including court's injuction. He said TPDC continued to take various steps among them holding meetings with the respective company which resulted into repossession of the building. "It was also agreed that Sacossa Limited should pay the accured rent of 330,240,00/- from February 2006 to May 2020, " Mr Mataragio said. He further noted that the handover of the building was just part of the agreement reached between two parties adding that TPDC will make close prompt follow up to make sure that the payment is also cleared. The DG assured that TPDC will ensure that all government assets are protected and being used for the benefit of the corporation and the nation in general. A representative from Sacossa Limited who is also one of the directors Mr. Donacien Kambamba said that his company will work on the government directives as stipulated in the agreement.

TPB, TIB ZAUNGANISHWA

SERIKALI imezinganisha Benki ya TPB na TIB Corporate Ltd kuanzia jana, ikiwa ni hatua yake ya kuboresha utendaji wa mashirika na taasisi za Umma. Hayo yalielezwa jana jijni Dodoma na Msajili wa Hazina, Athumani Mbuttuka wakati wa kuelezea hatua iliyochukuliwa na serikali ya kuunganisha benki hizo. Alisema serikali imechukua hatua hiyo kwa lengo la kuboresha utendaji wa benki inazozimiliki ili kuwa na benki moja ya biashara ambayo ni imara. "Serikali imeendelea kuchukua hatua mbalimbali zenye lengo la kuboresha utendaji wa mashirika na taasisi za umma ikiwamo kuunganisha taasisi zinazotekeleza majukumu yanayofanana ili kuongza ufanisi na kupunguza gharama za uendeshaji. "Kwa muktadha huu, kuanzia Juni 1 mwaa 2020, Serikali imeamua kuunganisha benki za TPB na TIB Corparate na kwa hatua ya awali benki ya TPB itachukuwa mali na madeni ya Benki ya TIB Corporate." Mbuttuka aliongeza: "Muungano huu unalenga kuleta mageuzi makubwa ya kiutendaji, kimfumo, kimuundo, na kitaswira ili benki hii iweze kuhimili ushindani wa kibiashara kwenye sekta ya fedha." "Wateja wote wa Benki ya TPB na Benki ya TIB Corporate wataendelea kuhudumiwa kwenye matawi yao ya sasa hadi hapo watakapotaarifiwa vinginevyo. "Serikali inawahakikishia wateja wa benki hizi mbili pamoja na umma kuwa huduma za kibenki hazitaathirika kwa vyovyote vile kutokana na mabadiliko haya. Kuhusu wafanyakazi, Mbuttuka alisema hakuna mfanyakazi ambaye atapoteza kazi katika mabadiiko hayo.

CRDB HAS SLASHED SALARY LOANS

CRDB has slashed salary loans interst rate to 14 percent to enable workers to realize their ambitions under a new campaign at a time when market rates are over 17 per cent. The bank's new interest rate is the lowest in the market and came at time when the economy striving to flatten the Covid-19 curve while workers are struggling to cope up with post pandemic realities. CRDB's Director of Retail Banking, Boma Raballa said under the campaign "Jichie Utakavyo" salaried workers have more room for choosing on payment period to whether pay between one to seven years. "The rate slases give workers a broader spectrum of borrowing at lower cost, longer time and freedom to choose what they want, " Mr Raballa said adding while reducing payment burden to beneficiaries. The initiative, according to CRDB, also allowed a beneficiary -from public or private sector -to choose a loan term that is in line with his/ her a need and interest rate. The loan ceiling amount is 100m/- "A customer has the freedom to choose the payment period from one, two, three until seven years, "the director saidd. The interest rate, however, carters for salaried workers in public or private sectors the interest is calculated on reducing rate method. Commenting on the bank improvements to salary loans, Head of Consumer Banking, Stephen Adili, said they are recognising the huge contribution of public and private sector employees to the economy. "We recognise the challenges we have faced during this (coronavirus) period. And we have been at the forefront to simplify these challenges in every aspect. "This 'Jiachie Utakavyo' campaign is part of the appreciation of all employees, but also to help them achieve their goals, "said Mr Adili. CRDB Senior Manager Personal Banking, Ms Farida Hamza used the launching soft ceremony to wooing workers to seize the opportunity to enable easing person financial stress. The loans are available 24 hours after application. "The loan are not only for CRDB customers but for all employees in the counrty. The bank also buyout employee loans in other banks, " Ms Farida said. The loan application, according to CRDB, is simple since applicant needs national recognizable IDs, salary slips for three months and employment contract and employer letters. This is the second time CRDB cut down borrowing interest rate. The first time was in May 2018 when reduced the rate to 16 per cent from 22 per cent to reduce borrowers' payback burden.

CRDB HAS SLASHED SALARY LOANS

CRDB has slashed salary loans interst rate to 14 percent to enable workers to realize their ambitions under a new campaign at a time when market rates are over 17 per cent. The bank's new interest rate is the lowest in the market and came at time when the economy striving to flatten the Covid-19 curve while workers are struggling to cope up with post pandemic realities. CRDB's Director of Retail Banking, Boma Raballa said under the campaign "Jichie Utakavyo" salaried workers have more room for choosing on payment period to whether pay between one to seven years. "The rate slases give workers a broader spectrum of borrowing at lower cost, longer time and freedom to choose what they want, " Mr Raballa said adding while redicing payment burden to beneficiaries. The initiative, according to CRDB, also allowed a beneficiary -from public or private sector -to choose a loan term that is in line with his/ her a need and interst rate. The loan ceiling amount is 100m/- "A customer has the freedom to choose the paymwnt period from one, two, three until seven years, "the director saidd. The interst rate, however, carters for salaried workers in public or private sectors the interest is calculated on reducing rate method. Commenting on the bank improvements to salary loans, Head of Consumer Banking, Stephen Adili, said they are recognising the huge contribution of public and private sector employees to the economy. "We recognise the challenges we have faced during this (coronavirus) period. And we have been at the forefront to simplify these challenges in every aspect. "This 'Jiachie Utakavyo' campaign is part of the appreciation of all employees, but also to help them achieve their goals, "said Mr Adili. CRDB Senior Manager Personal Banking, Ms Farida Hamza used the launching soft ceremony to wooing workers to seize the opportunity to enable easing person finacial stress. The loans are available 24 hours after application. "The loan are not only for CRDB customers but for all employees in the counrty. The bank also buyout employee laons in other banks, " Ms Farida said. The loan application, according to CRDB, is simple since applicant needs national recognizable IDs, salary slips for three months and employment contract and employer letters. This is the second time CRDB cut down borrowing interest rate. The first time was in May 2018 when reduced the rate to 16 per cent from 22 per cent to reduce borrowers' payback burden.

INVESTOR EFFORTS BOOST AGRO PROCESSING SECTOR

The government stated that a total of 109 investors injected their money into the agro-processing industries from 2015/16 to 2019/20 and created 5,204,607 jobs from the previous 3,880,262, the National Assembly was told here. In a written response to a question by Chumbuni Member of Parliament, Ussi Salum Pondeza who wanted to know government’s plan to increase investment into the agro-processing sector, the Ministry of Agriculture said it has put in place various initiatives to ensure there was much investment into the sub-sector.

MAKATIBU WAKUU SADC KUONDOA VIKWAZO VYA BIASHARA

Akizungumza na waandishi wa habari jana jijini Dar es Salaam, baada ya kufungua mkutano wa Baraza la Mawaziri wa SADC kwa ngazi ya makatibu wakuu uliofanyika kwa njia ya Mtandao (video conference), Katibu Mkuu Wizara ya Mambo ya Nje na Ushirikiano wa Afrika Mashariki, Balozi Kanali Wilbert Ibuge alisema kuwa mkutano huo umejadili na kutoa mapendekezo ya kuondoa vikwazo vyote vya kibiashara ili kuweza kuendeleza uchumi ndani ya Jumuiya

IKUNGI SPENT 120M/- TO BUY GREEN GRAMS FROM FARMERS

Authorities in Ikungi District, Singida Region have spent over 120m/- to purchase green grams from small scale farmers. Ikungi District Executive Director, Justice Kijazi told ward councilors here that auctions were Conducted through farmers’ cooperative unions. He said farmers will be directly paid by their specific unions under the cooperative department. Kijazi said they have so far bought more than 40 tonnes of the crop. He said a decision to buy the green grams was meant to assist farmers who were previously struggling to access the market.

MARUFUKU KUNUNUA KARAFUU KWA WAKULIMA

Shirika la Taifa la Biashara (ZSTC) limesema ni makosa kwa mujibu wa sheria ya Karafuu No.11 ya mwaka 2011 kwa mtu binafsi ikiwemo wafanyabiashara kununua karafuu kutoka kwa wakulima. Mkurugenzi Mwendeshaji wa ZSTC, Dk Said Seif Mzee amesema hayo baada ya wafanyabiashara kununua karafuu kwa wakulima huku wengine wakipita vijijini na kujifanya ni wakala wa shirika hilo.

ZANZIBAR SEES ECONOMIC OPPORTUNITIES IN EAST AFRICAN REGIONAL BLOCK

Zanzibar remain committed to maintain and strengthen relations in East African Community (EAC) and other regional blocks as it sees more economic opportunities for its development, says the State Minister (State House) Mr. Issa Haji Ussi. Talking about Zanzibar’s position in regional blocks during the 2020/2021 fiscal year, the Minister said, under the umbrella of the united republic of Tanzania, the Isles is happy to continue being part of regional blocks.

ARTICLE:BRELA OPENS TANZANIA THE WORLD THROUGH THE NATIONAL BUSINESS PORTAL

Tanzania economy in getting strong each day that passes by and every now and then more strategies and environments for doing business in Tanzania are improved. Have you aware of the existence of Tanzania National Business Portal? This is a system that has a comprehensive wealth of government information and e-services to assist you in starting, growing or investing business in Tanzania. The National Business Portal comprises of user-centric information and e-services categorized according to;

INTERMEDIATE, CONSUMER GOODS IMPORT INCREASES

Intermediate and consumer goods pushed up goods and services imports to 10,516.0 million US dollars in the year ended March from 10,178.8 million US dollars in the corresponding period 2019. According to the latest Bank of Tanzania (BoT), report, much of the increase in imports of intermediate goods manifested in oil import bill, which accounted for about 20.8 percent of goods import.

HIKE PRODUCTIVITY TO MEET HIGH DEMAND FOR RAW MATERIALS, FARMERS TIPPED

Shinyanga residents were yesterday advised to opt for advanced production of seed crops as an opportunity to tap the growing demand of raw materials for industries refining sunflower and cotton oil in the region. The call was made by the Permanent Secretary in the Ministry of Trade and Industries Professor Riziki Shemdoe after oil refining industries owners complained of the region farmer’s failure to produce quality sunflower seeds and cotton.

GOVERNMENT EYES READY MEAT MARKET IN ARAB NATIONS

The government is upbeat over penetrating into meat market in Arab nations as construction of a new stateof- the-art Vingunguti abattoir in the city nears to completion. Deputy Minister for Fisheries and Livestock, Mr Abdallah Ulega, stated on Monday after learning that the construction of the project is expected to complete by end of next July.

HALMASHAURI YA MAFINGA KUTOA LESENI ZA BIASHARA KIELEKTRONIKI

Afisa Mtendaji Mkuu wa Wakala ya Usajili wa Biashara na Leseni (BRELA), Bw. Godfrey Nyaisa amekabidhi vifaa vya Tehama kwa Mkurugenzi wa Halmashauri ya Mji wa Mafinga, Bi. Saada Mwaruka kwa ajili ya utoaji wa Leseni za Biashara kielektroniki katika Halmashauri hiyo.

TANZANIA, RWANDA KUSHUSHA MIZIGO MIPAKANI

Tanzania na Rwanda zimekubaliana kuwa mizigo yote inayokwenda Rwanda itashushwa katika vituo maalumu vya mipakani isipokuwa kwa mizigo inayoharibika haraka, bidhaa za mafuta na ile inayopitia nchini humo kwenda Jamhuri ya Kidemokrasia ya Congo (DRC). Hayo yameelezwa jana jijini Dodoma na Waziri wa Ujenzi, Uchukuzi na Mawasiliano, Isack Kamwelwe alipozungumza na waandishi wa habari kuhusu makubaliano yaliyotokana na vikao vya pande hizo mbili vilivyokutana Mei 6 hadi 15.

VIWANDA 8,477 VYAJENGWA SERIKALI YA JPM

Viwanda 8,477 vimeanzishwa katika mikoa 26 ya Tanzania Bara tangu Serikali ya Awamu ya Tano iingie madarakani Novemba 2015. Kauli hiyo ilitolewa na Wizara ya Viwanda na Biashara wakati ikijibu swali la Mbunge wa Mbulu Mjini, Zacharia Issaay (CCM).

GOLD EXPORT REMAINS STRONG AMID COVID-19-DELOITTE

The country’s gold export is expected to remain strong, amid the pandemic, pushed up by rising global demand. Deloitte, Economic impact of the Covid-19 pandemic on East African economies report, showed that the increasing gold demand as a safe haven asset will provide a buffer to Tanzania’s mining sector.