Mwanamfalme

[Mwanamfalme @paulkabuta]

Celebrating 11 wonderful years together! Here’s to love, fun, and making great memories. Can’t wait for more adventures! ❤️🎉#MyXAnniversary

[CNN Africa @CNNAfrica]

Geolocated videos from the scenes, audio forensic analysis of the shots fired and first-hand accounts from witnesses and victims document the brutality unleashed on young demonstrators following the re-election of President Samia Suluhu Hassan – who claimed she won with 98% of the vote on October 29 after barring her chief rivals from the presidential race. https://t.co/aYUhkIjyjx

[ᴅᴏᴜʙʟᴇ-🆁 @Naam_Hi_Kafi_H]

Harsh reality 😂🔥

[WHO African Region @WHOAFRO]

Too much salt and sugar are harmful to your health.

Give yourself some portions of fruit and vegetables every day 🍏🍇🥕🥦🍅 and keep your blood pressure in check ✅

[UK in Tanzania @UKinTanzania]

Important Statement from the Foreign Ministers of 🇨🇦 🇬🇧 🇳🇴 expressing concern and calling for restraint in Tanzania - https://t.co/y8fXgOcjT2

[Kgoshi Ya Lebowa @Mothematiks]

The boy has royal blood 🐆👑

[Vet Med Info 🩺 @HalfBakedVet]

Can Oxytocin Boost Colostrum?

A Cornell University study examined whether oxytocin boosts colostrum yield or quality in dairy cows. Trial included 636 fresh cows, including 201 first-calf heifers, from a large commercial herd.
Cows were treated with 0, 20, or 40 IU oxytocin ...

[Jamii Forums @JamiiForums]

Mdau umeshawahi kujiuliza pesa yako inaishia wapi?

Tembelea https://t.co/WrxcKVeRbb

#JamiiAfrica #JamiiForums
#AmkaNaJamiiAfrica #GoodMorning #Maisha

[Tamale @256Rootyherman]

I asked my rich uncle to allow me visit him again and he sent me this

[Vet Med Info 🩺 @HalfBakedVet]

📑 Milk Neck (Milk Goiters) in Goats 🐐
Milk neck, which may also be called milk goiters, are growths that can form on the neck of young goat kids.
🖋️Milk goitre is common in some breeds of goat, especially Nubians & Boers. Milk goitre is a soft swelling in the neck on both...

[Tamale @256Rootyherman]

Have a kid at 23, get a wife at 35

[Landscape Alliance @TheLandAlliance]

Qualitative data is key to unpacking gender issues beyond surface statistics.

📑 This free training toolkit provides practical guidance and resources for uncovering the hidden dimensions of #gender.

Download a copy👉 https://t.co/efi16XWmEE

@IFAD @IFPRI @BiovIntCIAT_eng

[The Chanzo @TheChanzo]

Asilimia 77 ya Watanzania kwenye sekta rasmi wanalipwa mshahara chini ya laki 7 kwa mwezi, jumla ya waajiriwa hawa wanakadiriwa kuwa 3,361,071. Zaidi ya nusu (58%) ya watu kwenye ajira rasmi mshahara wao haufiki laki 5.

Kwa ujumla, sekta rasmi ina ajira takribani 3,717,980: ambapo 327,854 ni vibarua; 3,361,071 Watanzania kwenye ajira za kawaida na wengine raia wa kigeni.

Sekta zinazoongoza kwa mishahara mizuri ni:

1.Mawasiliano na habari
2.Maji
3.Ufundi, sayansi na shughuli za kitaaluma
4.Fedha na bima

[Tanzania Business Insight @TanzaniaInsight]

𝗙𝗢𝗨𝗥𝗧𝗛-𝗤𝗨𝗔𝗥𝗧𝗘𝗥 𝗥𝗘𝗦𝗨𝗟𝗧𝗦 𝟮𝟬𝟮𝟰

𝗡𝗠𝗕 𝗕𝗮𝗻𝗸 𝘁𝗮𝗺𝗲𝘀 𝗰𝗼𝘀𝘁𝘀 𝗮𝘀 𝗽𝗿𝗼𝗳𝗶𝘁𝘀 𝘀𝗼𝗮𝗿

January 31, 2025

𝑩𝒚 𝑻𝑩𝑰 𝑹𝒆𝒑𝒐𝒓𝒕𝒆𝒓
Dar es Salaam

NMB Bank kept it's position as Tanzania's most profitable bank in 2024, despite CRDB Bank extending its advantage with the biggest total assets and customer deposits.

Fourth quarter 2024 financial statements show that NMB Bank continued to outperform CRDB in terms of prudent spending.

NMB maintained a favourable ratio of non-interest expense to gross income, resulting in a 20% jump in gross profit for the year to TZS 931 billion compared to CRDB's gross profit of TZS 783.8 billion.

Non-interest expenses are operational overheads such as staff costs (salaries and bonuses), IT, premises, furniture and equipment costs, legal costs, and advertising and marketing spend.

𝗕𝘆 𝘁𝗵𝗲 𝗻𝘂𝗺𝗯𝗲𝗿𝘀 (Q4 2024):

𝔸𝕤𝕤𝕖𝕥𝕤:
CRDB TZS 16.6 trillion
NMB TZS 13.7 trillion

𝔻𝕖𝕡𝕠𝕤𝕚𝕥𝕤:
CRDB TZS 10.9 trillion
NMB TZS 9.5 trillion

𝕋𝕠𝕥𝕒𝕝 𝕝𝕠𝕒𝕟𝕤:
CRDB TZS 10.4 trillion
NMB TZS 8.5 trillion

ℕ𝕖𝕥 𝕡𝕣𝕠𝕗𝕚𝕥:
CRDB TZS 550.8 billion
NMB TZS 644 billion

ℝ𝕖����𝕦𝕣𝕟 𝕠𝕟 𝕒𝕤𝕤𝕖𝕥𝕤 (ℝ��𝔸):
CRDB 4.9%
NMB 5%

ℕ𝕠𝕟-𝕚𝕟𝕥𝕖𝕣𝕖𝕤𝕥 𝕖𝕩𝕡𝕖𝕟𝕤𝕖:
CRDB 45.9%
NMB 38%

ℕℙ𝕃𝕤:
CRDB 2.9%
NMB 2.9%

ℕ𝕦𝕞𝕓𝕖𝕣 𝕠𝕗 𝕖𝕞𝕡𝕝𝕠𝕪𝕖𝕖𝕤:
CRDB 4,251
NMB 3,868

ℕ𝕦𝕞𝕓𝕖𝕣 𝕠𝕗 𝕓𝕣𝕒𝕟𝕔𝕙𝕖𝕤:
CRDB 259
NMB 241

📷 Ruth Zaipuna, CEO of NMB Bank

[Tanzania Business Insight @TanzaniaInsight]

𝗕𝗔𝗡𝗞𝗜𝗡𝗚

𝗦𝗵𝗼𝘂𝗹𝗱 𝗧𝗮𝗻𝘇𝗮𝗻𝗶𝗮 𝗶𝗺𝗽𝗼𝘀𝗲 𝘄𝗶𝗻𝗱𝗳𝗮𝗹𝗹 𝘁𝗮𝘅𝗲𝘀 𝗼𝗻 𝗯𝗮𝗻𝗸𝘀?

◾Biggest commercial banks post record-breaking profits yet again

◾Just two banks, NMB and CRDB, account for more than half of all the profits

◾This begs the question : Should government now consider introducing a new tax on profits deemed excessive to fund social services and public infrastructure projects?

January 31, 2025

𝘽𝙮 𝙏𝘽𝙄 𝙍𝙚𝙥𝙤𝙧𝙩𝙚𝙧
Dar es Salaam

Another year, another record-breaking profit haul for banks in Tanzania.

According to The Citizen, the combined net profit of 22 commercial banks in Tanzania soared to TZS 2.14 trillion in 2024.

This is nearly double the TZS 1.16 trillion they raked in two years ago.

The two biggest banks by far, NMB (TZS 643.8 billion) and CRDB (TZS 550.8 billion), reported a combined net profit of TZS 1.2 trillion last year alone, equivalent to more than half the profit of all first-tier lenders.

The consistent record-breaking performance of the biggest commercial banks in the country year after year raises the question of whether or not the government should introduce a new super-profit tax on their exceptional earnings.

The tax could help Treasury come up with a new source of revenue to pay for essential services such as health, education, and water or fund public infrastructure projects.

But, some skeptics warn that any additional taxes on bank profits could negatively impact the banking sector and economy in general.

The Vunjo Member of Parliament, Dr. Charles Kimei, has previously voiced concern on the super profits being made by commercial banks.

He noted that the banking industry was benefitting from an improved business environment since President Samia Suluhu Hassan came into office in March 2021.

𝘼𝙍𝙀 𝘽𝙄𝙂 𝘽𝘼𝙉𝙆𝙎 𝙊𝙑𝙀𝙍𝘿𝙊𝙄𝙉𝙂 𝙄𝙏?

But the former central banker and CRDB Bank chief, said the excessive profits being published annually by banks suggest that they are probably "overdoing something, somewhere."

He noted that Tanzanian banks were "almost punishing" their customers with high interest rates and hidden fees, hence the massive profits.

"They (banks) are either charging a lot of hidden fees that are not being declared, and they are charging high lending rates," he said in an interview with the Dar24 online TV last year.

"The margin between the cost of funds, which is the cost of deposits, and the loans being disbursed is high. They (banks) have an average profit margin of 8 percentage points, which is way too high."

The retired banker said commercial banks were not being fair to their customers.

"The economy is growing by about 5%, while they (banks) are getting a margin of 8%, which is high. I believe this is unfair," he said.

The ideal situation is to have high volumes of banking transactions from customers with minimum fees, he said.

Kimei warned that the current excessive profits being made by banks were unsustainable because customers would eventually be discouraged by the high costs of banking.

Across Europe, several countries have recently hit banks with a windfall tax on their profits.

They include the Czech Republic, France, Germany, Hungary, Italy, Lithuania, Spain, Sweden, and the United Kingdom.

[NO CONTEXT HUMANS @HumansNoContext]

Free entertainment

[Nature is Amazing ☘️ @AMAZlNGNATURE]

This must be the worst Crocodile I've heard of