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07 September 2010



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News & Events


NBC INJECTS TZS 10 MILLION INTO THE 2009 PRESIDENT’S MANUFACTURER OF THE YEAR AWARDS

Dar es Salaam, Thursday 6th August: The National Bank of Commerce (NBC) is the sole sponsor of the 2009 President’s Manufacturer of the Year Award (PMAYA) organized by the Confederation of Tanzania Industries (CTI). NBC’s sponsorship is to a tune of TZS 10 million for the Annual Business Dinner and awards ceremony to be held at the MovenPick Hotel in Dar es Salaam with His Excellency President Jakaya Mrisho Kikwete as the Guest of Honour. The PMAYA competition was first started in 2005 and NBC has always been involved as a co-sponsor and for the first time this year NBC is the only sponsor of highly anticipated Annual Business Dinner. NBC Managing Director Christo de Vries accepting a trophy of recognition from the Guest of Honour His Excellency President Jakaya Kikwete said that the PMAYA competition is one avenue that challenges corporate companies to improve on quality of products and services to the public. “NBC is an active member of CTI and we felt obliged to support the local manufacturing industry not only through financial and banking services but also through this prestigious competition.” The President’s Manufacturer of the Year Awards (PMAYA) Competition is an annual event organized by the Confederation of Tanzania Industries and is open to all fully paid members for that year. The competition climaxes with the Annual Business Dinner where winners are awarded their trophies by the President who is the Guest of Honour. CTI Chairman Felix N Mosha thanked NBC for their continued support of the awards for the past 5 years. “NBC has been with us since the inception of the awards in 2005 and they have been more than sponsors but as our advisers and very active members. They are leaders among their peers.” NBC would like to thank the CTI Governing Council and the CTI Secretariat for their unwavering support in allowing us to be part of this auspicious occasion and we would like to affirm our continuing supporting to CTI in the coming years” affirmed Mr. Christo.


News Headlines

NBC DONATES 34M TSHS TO THE CONSTRUCTION OF TUMAINI UNIVERSITY DAR ES SALAAM COLLEGE
09 Jul 2010: The National Bank of Commerce (NBC) has donated TSZ 34 000,000 towards the construction of Tumanini University DSM College. The donation under NBC’s Colleagues Initiative which is the bank’s ongoing CSR program was pledged by the bank’s new MD Mr. Lawrence Mafuru during a fundraising dinner that was held at the Blue Pearl Hotel on Tuesday.


NEW MANAGING DIRECTOR FOR NATIONAL BANK OF COMMERCE APPOINTED
27 May 2010: Dr Mussa Assad, Chairman of the Board of National Bank of Commerce Ltd,a subsidiary of South African banking group Absa, has announced the appointment of Lawrence Mafuru, as the new Managing Director with effect from 1 June 2010. Mafuru who succeeds Christo de Vries, will also form part of the Absa Africa Executive Committee and sits on the NBC board.


NBC HOSTS WORKSHOPS TO EDUCATE THE PUBLIC ABOUT ISLAMIC BANKING
26 May 2010: The National Bank of Commerce NBC has hosted a workshop today to introduce Islamic Banking to its current and potential clients in Zanzibar. Speaking during the workshop held at the Bwawani Hotel ………….. from NBC said it is key that clients and potential clients understand what the service is offering them and what makes it a better option for them, “NBC is always looking at ways to satisfy as many of our existing clients as possible while also opening the doors to others who may wish to join us. It is our belief that through Islamic Banking we have managed to find a way to meet both goals.”


NBC SPENDS 2.5M TSHS TO FINANCE THE EXPANSION OF UYAWENKO WOMENS GROUP MUSHROOM GROWING PROJECT
17 May 2010: The National Bank of Commerce (NBC) has donated TSZ 2,500,000 towards the expansion of a mushroom growing project for Uyawenko Women’s Group in Dar es Salaam. The donation to UYAWENKO Women’s Group falls under NBC’s Colleagues Initiative which is the bank’s ongoing CSR program. It follows the banks move to adopt the group last year and assist them by financing their various projects.


NBC DONATES SEWING MACHINES WORTH 2.5 M TSHS TO UPENDO ALBINOS GROUP
14 May 2010: The National Bank of Commerce (NBC) through its corporate social responsibility program has donated sewing machines worth 2.5 million Tshs to Upendo Albino’s Group in Vingunguti Dar es Salaam. Speaking during the handover ceremony at the Group center in Vingunguti, the NBC’s Marketing Consultant, Ms. Robi Matiko said “We are pleased to handover these Sewing machines that we believe will assist in the groups various activities to sustain itself and its activities.


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