TANZANET - The Tanzanian Electronic Networking Community

Tanzanet yafungua akaunti kwenye benki ya CRDB

Date: Thu, 9 Jun 2005 16:03:29 +0300
TANZANET INC UPDATE Waheshimiwa: Tumefanikiwa kufungua akaunti mbili za Tanzanet pale CRDB Bank tawi la Azikiwe. Name of Account: The Tanzanian Electronic Newtowrking Community Limited Account Number: 01J1028448000 (T SHILLINGS ACCOUNT) Account Number: 01J2028448000 (US DOLLAR ACCOUNT) Name of Bank: CRDB Bank Limited, Azikiwe Branch, Azikiwe Street, P O Box 268, Dar es Salaam SWIFT Code: CORUTZXXX Shukrani nyingi ziwaendee Dr Moddy (Makamu Mwenyekiti) na Mdosi (Katibu) kwa juhudi kubwa walizofanya kufanikisha kazi hii. Kwa maana hii, utawala wa Awamu hii sasa umeanza kusogea kikomo chake kwa vile tutakuwa tumetimiza kwa kiasi kikubwa malengo tuliyoanza nayo. Board itaanza kukutana punde kukamilisha mchakato wa uchaguzi na ripoti kamili itatolewa kwa Wanachama. Wakatabahu,
LGFumbuka,
fumbuka@coresecurities.co.tz
MWENYEKITI

CALL FOR PAPERS:Tanzanet Journal Special Edition on Housing in Developing Econom

2005??? Vol.6(3) Special Issue??? Dr. Primus V. Mtenga, Special Issue Editor THEME OF THE SPECIAL EDITION This Tanzanet Journal Special Edition is intended to provide a forum for sharing experiences related to sustainable approaches in providing affordable durable housing in developing economies. Housing is a multidisplinary endeavor that encompasses social science related issues (such as conformity to acceptable customs and assimilation of emerging technologies), economics and financing issues, engineering issues, material issues, environmental issues, etc., etc. Thus, papers are invited in the following categories as they are related to housing in developing economies, such as Tanzania:

Local building materials for housing (success stories and innovations or improvements of these local materials).
Socio-cultural issues associated with changing traditional building practices and materials, for example introducing significant windows in traditional ?tembe? construction.
Durability of traditional dwellings in relation to impact on the environment.
Home financing/mortgage availability and sustainability.
Energy issues, e.g wind and/or solar power for material processing and powering the home.
Construction practices-labor costs vs affordability.
Town planning, infrastructural and land development issues.
Housing industry in general and economic development (material industry, fabrication facilities, mechanization, multiplier effect etc, etc)
OTHER housing related issues.

INSTRUCTIONS TO CONTRIBUTORS (can also be found at http://www.tanzanet.org/int/journal/instructions.html) Submission of papers will be held to imply it contains original contribution or academic nature or policy recommendation to help the welfare or wellbeing of Tanzanians.? The Tanzanet Journal will have a limited section for publication of? Ph.D dissertation abstracts and Masters degree thesis abstracts which address issues of importance to the Tanzanian Society.? The Editor, Associate editors, Coordinator, Technical Editors, and the Tanzanet Journal will not accept responsibility for damages or loss of papers submitted.
Upon acceptance of an article, author(s) will be asked to transfer copyright of the article to the publisher. The author(s) will be asked to send the final electronics version to journal@tanzanet.org (1) Papers should be written in English
(2) In the interest of speedy Publication, papers for this special edition should be sent to: HARD COPY SUBMISSION (triplicate) :

Prof. Primus V. Mtenga, PhD, P.E.
Special Edition of Tanzanet Journal Editor
Civil & Environmental Engineering Department
FAMU-FSU College of Engineering
2525 Pottsdamer St
Tallahassee, FL 32310
USA

ELECTRONIC SUBMISSION [PDF or MSWord only] to: mtenga@eng.fsu.edu SUBMISSION DEADLINE: Papers should be submitted by September 16, 2005 ? __
You can download the call for papers in its entirety by clicking on here

Trading in NICO shares increases

By Angela Mazula About 14,000 Tanzanians have bought shares in the National Investment Company (NICO), the NICO Chairman has revealed. Speaking in Dar es Salaam during the weekend, Felix Mosha, Chairman Board of Directors said Tanzanians have shown their interest to have control of country´s economy. If compared against the shares bought between last November and January, the numbers have increased this year. “Our target was to get the largest number possible of Tanzanians which would enable the company to have majority shares in the companies expected to be privatised,’ he added. Mosha said NICO wants to buy the National Microfinance Bank (NMB), National Shipping Agencies, NASACO, National Insurance Cooperation (NIC), Tanzania Harbours Authority (THA), Tanzania National Electric Supply Company (TANESCO) and the Tanzania Revenue Authority (TRA) where they were non-profit making company.

Public shows interest in Umoja Fund Units

2005-05-18 08:07:26
By Times Correspondent The public has been responsive to the Initial Public Offer (IPO) of Umoja Fund which started to sell its units on Monday this week. According to Mr. Gratian Kamugisha the acting Chief Executive Officers of Unit Trust of Tanzania (UTT), the sponsors of the fund, many people flooded the offices of UTT at Sukari House asking for the offering documents other literature on Umoja Fund and where they would buy the units. The same view was aired by the Director of Finance Mr. Alan Mchaki and Ms Nunu Saghafu, the Operations Manager of UTT. Selling outlets were visited by this paper and there were crowds of people asking for details about Umoja Fund but the dealers? agents for sale of units would not say immediately the unit sales made in the first two days of IPO. The initial public offer which started on Monday will continue for eleven weeks until 28th of July this year when the IPO will be closed. Agents for the IPO sale of units are the CRDB Bank, Akiba Commercial Bank, Tanzania Postal Bank, all Dar es Salaam Stock Exchange (DSE) stock brokers, and the National Microfinance Bank. The UTT acting CEO said the brokers involved in the sale of units in the IPO were Vertex Securities, Tanzania Securities Ltd, Solomon and Company Ltd, Orbit Securities and Core Securities which are allocated at the city centre. He said the sale of units of Umoja Fund would be sold countrywide through the branches of the appointed agents. Umoja Fund is a pioneer empowerment collective scheme that gives opportunity for the majority of Tanzanian citizens to invest and take a stake in privatization and further participate in the capital markets and obtain a return on their investment. The fund Fund is an open-ended scheme with an initial lock in period of one year and it is aimed at creating a balanced fund investing in listed equity and debt and money market instruments like Treasury bonds and commercial bank deposits. According to UTT, the initial sale is open to resident/non-resident citizens of Tanzania body corporates, local government, pension and social security funds, cooperative societies and charitable and religions organizations. It is also revealed in the offering document that the initial value of the unit is Tshs 100/= and the minimum investment is 50 units. The units will be sold at Tshs 70 per unit during the initial sales period from 16th May to 20th July this year. It is also stated that subject to availability of income, distribution will be made at least once in a year. The fund scheme offers an option to re-invest income distribution at the applicable net asset value. Mr Kamugisha noted that he was encouraged by the interest shown by the public and was optimistic that the IPO would be over-subscribed. UTT through Umoja Fund has been allocated by the government 2% shares of the Tanzania Breweries Limited (TBL) and 1% of Tanzania Cigarette Company (TCC) which amount to Tshs 10 billion. It is these shares which have been broken into units and are sold to the public at Tshs 70% and the government is subsidizing every unit by adding Tshs 30. D SOURCE: Financial Times Umoja Fund Analysis We are pleased to bring to your notice the ongoing IPO by the Unit Trust of Tanzania (UTT) of their flagship unit trust scheme called Umoja Fund. It was launched on 16 May 2005 and will run till 29 July, a period of 10 weeks.

City Water gets final termination notice

2005-05-26 08:33:43
By Guardian Reporter The government yesterday issued a final official notice to terminate its contract with City Water Services Limited (CWS), The Guardian has reliably learnt. Impeccable sources in the government said in Dar es Salaam that the contract was terminated effective yesterday morning and that the CWS management had already been served with the notice. It was further revealed that the notice was issued seven days from the date of the first notice (cure notice) as the contract between Dar es Salaam Water and Sewerage Authority (Dawasa) and CWS required. Issuing of the cure notice prior to the final notice was meant to give CWS a chance to read through articles of the contract, the information said. According to one of the sources, notice was also intended to give the water firm seven days to make any objections or necessary amendments in the breach of contract terms.

MAHOJIANO YA PROF HAROUB OTHMAN WA CHUO KIKUU CHA DAR ES SALAAM

MAHOJIANO YA PROF HAROUB OTHMAN WA CHUO KIKUU CHA DAR ES SALAAM NA MAYAGE MAYAGE WA GAZETI LA ?Mtanzania? 28 April, 2005 Swali: Hali ya Zanzibar kisiasa kwa ujumla si shwari. Unadhani tatizo ni nini? Jibu : Kuna watu wanaojaribu sana kabisa kuvihusisha vyama hivi vya CUF na CCM na vyama vilivyopita. Hiyo si sahihi. Baada ya chama cha TANU, mara baada ya uhuru, kufungua milango yake kwa watu wote bila ya kujali kabila au asili, kilikuwa ni chama cha wote. Na baadae mwaka 1965 ilipopitishwa sheria ya chama kimoja, hata wale walio kwenye vyama vya upinzani walijiunga na TANU. Baada ya hapo hatukusikia tena wanachama wa TANU wakitafutwa nasaba na asili zao. Na baada ya mwaka 1977 TANU ilipojiunga na ASP kuunda CCM, hata ule unasaba na TANU umetoweka. Sasa mwanachama wa CCM kutoka Bara anahisabika kwa uadilifu na uaminifu wake kwa CCM. Ulipokuja mfumo wa vyama vingi, na akina Chief Fundikira, Oscar Kambona na Lifa Chipaka kuanzisha vyama, hatukusikia vyama vyao vikuhusishwa na vyama vilivyopita. Wala hatukusikia mtoto wa Zuberi Mtemvu akishtumiwa kwamba ?mtoto wa nyoka ni nyoka?.

Buy Umoja units, Tanzanians advised

2005-05-21 08:35:56
By Joyce Mkinga Tanzanians have been advised to buy units in the Umoja Unit Trust Scheme, the collective investment scheme that enables people to invest and get return on their investment. The Unit Trust of Tanzania Acting Chief Executive Officer, Gration Kamugisha, has told reporters in Dar es Salaam that the UTT offers investment opportunities to everybody and that people should not miss the chance of assured interest. He said the government has approved 30 per cent on the initial value of Umoja Fund units whereby the initial value of a unit is 100/- but it is sold at 70/-. This means a person who invests in it has already an interest of 30/- per share. This is a unique investment opportunity for Tanzanians to share the benefits of privatization and development emerged as a result of various economic reforms introduced in the country since mid 1990s,? he said.

MKAPA: BEWARE OF OPPRESSORS

PRESIDENT Benjamin William Mkapa has expressed his support for homegrown democratic governance, saying it should be viewed in the context of benefiting Africans and not merely embraced to impress former oppressors and their friends.

?Africa should embrace democratic governance because it is right, because our people deserve it; not because our erstwhile oppressors or their friends say so,? President Mkapa said at a farewell dinner hosted by outgoing Namibian President Sam Nujoma in Windhoek last night.

President Mkapa warned the new generation of Africans against defaming their history, which he described as ?a history of exploitation, a history of struggle and a history of hard-won freedom.?

DIRIA DIES IN GERMANY

BY ASSAH MWAMBENE IN ZANZIBAR TANZANIA's long serving diplomat, administrator and politician, Ahmed Hassan Diria, is no more. He died at Kranken Haus Hospital in Germany on Sunday night where he was admitted after being airlifted from Nairobi, Kenya, last week. The Zanzibar Chief Minister, Mr Shamsi Vuai Nahodha, confirmed the death of Mr Diria yesterday saying the government will issue a statement on the burial arrangements. ?I regret to announce the death of Ambassador Ahmed Hassan Diria in Germany yesterday night (Sunday),? the chief minister told a news conference at his office here yesterday.

TIB NA MKAKATI WA KUONDOA UMASKINI

KATIKA vita dhidi ya umaskini vinavyoendeshwa na Serikali ya Awamu ya Tatu, wadau mbalimbali wamekuwa wakishiriki kwa njia mbalimbali. MWANDISHI WETU amefanya mahojiano na Mkurugenzi Mtendaji wa Benki ya Rasilimali ya Tanzania (TIB), Bwana William Mlaki ambaye pamoja na mambo mengine, ameeleza jinsi benki yake inavyochangia katika vita hivyo. Ifuatayo ni sehemu ya mahojiano hayo: - SWALI: Tupe historia fupi ya Benki ya Rasilimali Tanzania. JIBU: Benki ya Rasilimali Tanzania ilianzishwa kwa Sheria ya Bunge ya mwaka 1970, baada ya Serikali kutambua umuhimu wa kuwa na taasisi ya fedha yenye mlengo wa kimaendeleo kwa wakati huo, ili kusaidia katika utoaji huduma za kifedha katika mashirika na taasisi za kifedha. Aidha, lengo kubwa lingine lilikuwa ni kukuza uchumi kwa kuziwezesha kifedha sekta za kilimo na viwanda.