The Latest

Tanzania Chamber of Commerce Industry and Agriculture To Launch Savings Cooperative Society

June 1, 2015
1 minute read

The Tanzania Chamber of Commerce Industry and Agriculture (TCCIA) confirmed the launch of the savings and credit cooperatives society (SACCOS) for the chamber soon in Dar Es Salaam.

The Executive Director of the Chamber Mr. Getfried Muganda told to local media recently that they have started to register members and have recruited staff as per demand to run the office.

According to Getfried Muganda SACCOS would enable the Chamber’s members to access cheap loans and use them to grow their businesses.

TANZANIA BUSINESS & INVESTMENT GUIDE 2026

The authorization of the establishment of the credit society was given at the annual general meeting held in Dar Es Salaam last year.

TCCIA Dar Es Salaam Regional Chamber chairman Mr. Francis Lukwaro said during the annual general meeting that credit cooperative society is needed to strengthen the operations of the regional office with a specific focus on raising the chamber’s awareness in the business community and increasing the membership across all levels and sectors.

The TCCIA Dar Es Salaam region has more than 1,200 members from industries, agriculture and services.

Tweet
Share
Share
Share
Related Posts
Tanzania Rwanda TIPS RSwitch cross-border instant payments
Read More

Tanzania and Rwanda Begin Linking National Payment Systems to Enable Instant Cross-Border Transfers

Tanzania and Rwanda have begun linking their national payment systems, Tanzania’s Instant Payment System (TIPS) and Rwanda’s National Payment Switch (RSwitch), to enable instant, low-cost cross-border transfers. The initiative, supported by the EAC and World Bank through the Eastern Africa Regional Digital Integration Project (EARDIP), advances regional financial integration and real-time payment connectivity in East Africa.
Tanzania CRDB Bank FinDev Canada KFW DEG
Read More

CRDB Bank Signs Over TZS 300 Billion Strategic Partnerships With International Financial Institutions to Expand Lending to SMEs

CRDB Bank has signed over TZS 300 billion in partnerships with FinDev Canada, DEG, and Shelter Afrique Development Bank to expand lending to small and medium enterprises, particularly those led by women and focused on climate-resilient projects. The partnerships also include financing through CRDB’s subsidiary in the Democratic Republic of Congo to support affordable housing, advancing financial inclusion and sustainable development across Africa.