Mapenzi

Msifie

Kila siku usisahau kumsifia kwa kumwambia ni kiasi gani alivyo mzuri. Kumbuka kila msichana anapenda kusifiwa hivyo unapomuambia yeye ni mzuri anaona una mthamini kuliko msichana yeyote awaye. 

Muandikie 

Wakati wowote ukipata nafasi muandikie barua au msg kwenye simu mueleze hisia zako kiasi gani unampenda. Kumbuka wasichana hupenda kusikia zaidi kutoka kwa wapenzi wao ni kiasi gani wanapendwa. Haitakiwi iwe tu katika kipindi cha siku ya wapendanao ndio umuoneshe kuwa unampenda. Muoneshe msichana ni kiasi gani yeye ni muhimu sana kwako. 

Mbusu 

Busu la ghafla na kumshika mkono wakati mkitembea pamoja itamfanya yeye kujisikia raha zaidi. Na wakati mwingine msuprise kwa kumtembelea mara kwa mara hi humfanya akuone wewe ni mtu muhimu pale usipokuwa naye karibu na kumfanya kukuhitaji zaidi ukiwa naye mbali

Fanyika kua msaada 

Tambua mahitaji yake. Uwe msaada kwake kipindi ambacho mpenzi wako amekasirika kuwa pale kwa ajili yake na ukimpooza kwa sauti ya upole na mahaba. Utashangazwa sana na kiasi gani msaada huo umeleta mabadiliko kwake. Hakikisha unamsaidia katika shida zake hapa ndipo kuna tatizo kwa wavulana wengi. Mapenzi si pesa lakini kuna kipindi ambacho pesa huitajika kulinda penzi lako. Si msichana anapokuomba pesa ina maana ana nia ya kukuchuna au amekupendea pesa kuna shida nyingine inabidi akuombe wewe tena kwa kukupima kama utakuwa tayari kumsaidia.

Mtoko Muhimu

Mchukue mpenzi wako out mara nyingine itamfanya ajisikie furaha sana kwa sababu wasichana hupenda enjoyment na boyfriend zao. Hii haitamfanya mpenzi wako tu kuwa na furaha bali itawafanya nyie kwa pamoja kujuana na kufahamiana zaidi.

Kua muwazi kwake

Kuwa muwazi kwake usimfiche jambo linalokuhusu. Msichana hupenda kutoa ushauri kwa mtu ampendaye hivyo unapokuwa muwazi atajisikia kuthaminiwa nawe na kukuona umemuamini

Usiwe Busy Kupitiliza

Ukijiona upo busy sana usithubutu kuacha japo kumpigia simu mara mbili kwa siku hata kama ukishindwa kumpigia wakati upo ofisini darasani au kwingineko hakikisha unapopata nafasi japo ujumbe mfupi wa kumwambia unampenda.

Mkumbatie

Mkumbatie mara kwa mara katika tukio la kumbatizi kuna jambo kubwa sana hutokea. Si kwake tu hata kwako mvulana. Hali ya joto lenu huwaweka pamoja kifikra hata pale msipokuwa pamoja.

Staarabika

Epuka maugomvi na hasira za mara kwa mara ukiwa nae. Mwanamke hupenda ustaarabu kwa mtu ambaye yupo serious naye hivyo ukionesha hasira kabla hata hujamtongoza unaweza ukamkosa msichana hivihivi wasichana huwaogopa wavulana wenye hasira na wagomvi kwa sababu hupenda kubembelezwa.

Mdekeze

Msichana anapenda kudeka anaenda kudeka sana na kubembelezwa sana hivyo mvulana ukidekewa usikasirike eti huyu msichana kazidi wewe ndio wakati wako wa kumuonesha msuchana wako unampenda mdekeze mpaka aone aibu kudeka siku nyingine. Wasichana wameumbwa kwa jili ya wavulana ndio maana hudeka hii ndiyo silaha pekee na ya mwisho kumpata msichana.

How can Tanzania grow the sector and exploit the unique combination of factors Africa has in her favour?

Young age Population in Tanzania

50 per cent of Africa’s population is under 25 years old. Tanzania has a young population age, which presents the opportunity to target this sector because they will be future customers of insurance products and a new generation of talent and human capital.

Insurance sensitisation

Tanzanians must trust insurers, understand why they should invest their hard earned shillings in insurance products and learn more about insurance- it is not an investment or savings policy like a bank but a non-tangible commodity that offers protection. Cultural differences and emotional trust are vital; especially in Tanzania which has such a diversity of languages.

Natural resources in Tanzania

Tanzania has mining, tourism and agricultural resources which will drive up economic growth and as this happens, insurance infrastructure must grow to support it, through greater capacity to underwrite and through new products. As GDP per capita rises insurance penetration will rise until it saturates - this is referred to as an S Curve. In support, inflation is stable, agricultural GDP is increasing and mobile money/mobile technology is a boom industry; and indeed there is a wider growing financial services sector. Insurance can underpin the growth.

Micro-Insurance in Tanzania

Tanzania has a Micro-Insurance Act which provides a framework for growth. Micro-insurance is low cost insurance with low levels of cover for the mass market. The challenge is the balance of pursuit of a new market and growth vs. risk - how to understand the customer, how to avoid non-payment of genuine claims. The key is striking the balance; increase access to insurance and make it simple and easy and pay claims fast with jargon free policies in Swahili; but ensure you as the underwriter has some risk management. Insurers must work with agents, brokers and utilise mobile technology to exploit this market. A micro-insurance customer today may be your main stream customer tomorrow.

Distribution channels

Insurers must innovate to reach the large rural Tanzanian population in towns and villages, not just with micro-insurance but also with partnerships and technology. Bank assurance is an example - whether it is a strategic alliance, a bank owned insurer, a joint venture or fully integrated service. However, exploit the emerging middle class who have more disposable income and a need for insurance products - by 2020 there will be 250 million middle class Africans.

Data analytics

Data is a powerful underwriting tool and can aid innovation and pricing. Insurers can use the latest weather insurance tools to shape agriculture policies based on index pricing and accurate risk knowledge. Mobile technology growth is up 100pc in Africa so insurers must leverage on this and use social media alongside analytics.

Takaful insurance in Tanzania

Tanzania has a large Islamic population (the biggest concentration in East Africa) and needs to ensure there are Sharia compliant insurance products and policies to cater for their needs; this will drive penetration as can be seen in Morocco and other West African countries.

Reduce insurance fraud

Insurance fraud was estimated to add 31 per cent to the cost of the premium in Tanzania. If fraud is detected and reported and stakeholders share intelligence and data, the customer will benefit through lower premiums, which will push up penetration. The challenge is to enhance preventative risk management controls and be leaner at investigations.

Improve customer care

Adopting practical customer concepts like embracing conduct risk management principles (for example delivering fair outcomes) will mean Tanzania steals a march on other East African countries - the new Ombudsman is a good example of placing more focus and care around customers and it must extend from product design to claims payments in both main stream and micro insurance

Increase private sector and FDI (foreign direct investment)

Working with foreign organisations and local private sector entities will complement the balance between nurturing local talent and local insurers/re-insurers vs external support. Kenya has a stronger private sector as a comparable but Ethiopia does not. This will support wider infrastructure growth.

If the sector uses enterprise risk management to look holistically at its operations it can identify these opportunities and challenges; how far along is it in taking such steps, where it is strategically increasing penetration and growth and how to balance risk taking vs reward. This must be supported by capacity building and investment in people, processes and products.

If this happens, the insurance sector can look forward to increased growth and investment, therefore strengthening the economy and the market reputation in the region.

By 0754233717

SHULE YA MSINGI MADUDU

SHULE YA MSINGI KITOBO


SHULE YA MSINGI MKUNWA

SHULE YA MSINGI KITUMBO

SHULE YA MSINGI MPIGAMITI

SHULE YA MSINGI PENZI

SHULE YA MSINGI SHOGA

SHULE YA MSINGI UFALA



Weird brews around the World.

Snake wine, Vietnam

The history of snake wine starts in China but has spread throughout South-east Asia and is especially popular in Vietnam, where poisonous snakes are infused in rice wine (their venom is rendered harmless by the alcohol). It’s drunk by brave locals, Instagramming tourists and is also said to be a male health tonic (yes, in all ways). If animal cruelty isn’t an issue for you, there’s Le Mat (known as “Snake Village”) in Hanoi, where you can pick out a live snake, have it slaughtered to order and are then served a flight of drinks infused with its blood, gall bladder juice and heart.

Baby mice wine, China

China’s renowned for its interesting foods, but this one takes the biscuit: wine infused with dead mice – only babies, though, because ones with fur would be disgusting. It’s not common, but can still be found in southern China, where it’s usually used as a health tonic rather than straight up booze. (For straight up booze, try snake wine.)

Meaning and basic concepts of Insurance

General Meaning and Concepts: Insurance means a promise of compensation for specific potential future losses in exchange for a periodic payment. Insurance is designed to protect the financial well-being of an individual, company or other entity in the case of unexpected loss. Some forms of insurance are required by law, while others are optional. Agreeing to the terms of an insurance policy creates a contract between the insured (the person, group, or property for which an insurance policy is issued.) and the insurer (the party to an insurance arrangement who undertakes to indemnify for losses). In exchange for payments from the insured (called premiums), the insurer agrees to pay the policy holder a sum of money upon the occurrence of the specified event.

Insurance Meaning and Concepts Provided by the ITA, 2004

The ITA does not provide a meaning of the word insurance; it is presumed that the word has the meaning as used in the general sense. However it gives us a meaning of insurance business as a business of an insurer in effecting, issuing and carrying out insurance. This meaning is provided by S.3 of the Act.

Categories of insurance business

In general  usage insurance business can be categorized in several groups including Auto Insurance; Home Insurance; Health Insurance; Accident, Sickness, and Un-employment Insurance; Property insurance; Liability Insurance; Credit Insurance; and several others. But the ITA gives us only two categories of insurance businesses and these are life insurance business and general insurance business.

Life Insurance Business (S. 59 & S. 3)

Life insurance means insurance to be paid to the beneficiary when the insured dies. Life insurance provides a monetary benefit to a descendant’s family or other designated beneficiary, and may specifically provide for income to an insured person’s family, burial, funeral and other expenses. Life Insurance policies often allow the option of leaving the proceeds paid to the beneficiary either in a lump-sum cash payment or an annuity. Annuities provide a stream of payments and are generally classified as insurance because they are issued by insurance companies, are regulated as insurance, and require the same kinds of actuarial and investment management expertise that life insurance requires.

But the ITA refers to life insurance as insurance of any of the following classes:
Insurance where the specified event is the insured or an associate of the insured;
Insurance where:-
the specified event is an individual who is the insured or an associate of the insured sustaining personal injury or becoming incapacitated; and the insurance agreement is expressed to be in effect for at least five years or without limit of time and is not terminable by the insurer before the expiry of five years except in circumstances prescribed by the regulations;
Insurance under which an amount or series of amounts is to become payable to the insured in the future; and
Re-insurance of insurance referred to under paragraphs (a) to (c).
Life insurance business means a business of an insurer in effecting, issuing and carrying out life insurance.

Taxation Principles [S. 59(1)]

All activities of a person that are carried in conducting life insurance business are required to be treated as a business separate from any other activity of the person and the person’s income or loss for any year of income shall be calculated separately. That is to say, if you conduct general insurance business, life insurance business or any other type of business, you must calculate your income for the general insurance business, the life insurance business and the other business separately.

Computation of Income from Life Insurance Business

You should not include in your income any premiums you receive as insurer or re-insurer or any proceeds from reinsurance where you had to pay out and make a claim of the re-insurance.
You may deduct ordinary business expenses and commissions. However, you should not deduct expenditure on proceeds you pay out as insurer or re-insurer, or premiums paid to re-insurers where you take out re-insurance.
Proceeds of an insured person from life insurance issued by a resident insurer are exempt in the hands of the insured. Proceeds from life insurance from a non-resident insurer are not exempt and are included in the investment income of the insured.

General Insurance Business (S. 58 & S. 3)

General insurance business is not defined in the Income Tax Act, however the Act refers to general insurance business as any insurance business that is not life insurance business.

Taxation Principles [S. 58(1)]
All activities of a person that are carried in conducting a general insurance business are required to be treated as a business separate from any other activity of the person and the person’s income or loss for any year of income shall be calculated separately. That is to say, if you conduct general insurance business, life insurance business or any other type of business, you must calculate your income for the general insurance business, the life insurance business and the other business separately.

Computation of Income from a General Insurance Business
You include in your income:
  • Premiums received as an insurer or re-insurer
  • Any proceeds from re-insurance where you had to pay out and make a claim of the re-insurance
You deduct from your income
  • Expenditure on proceeds you pay out as insurer or re-insurer
  • Any premiums paid to re-insurers where you take out re-insurance
Otherwise you should calculate your general insurance business income as any other business.

Principles guiding determination of proceeds from insurance (S. 60)

Proceeds derived from insurance are normally derived in the form of compensation/indemnification. Taxation principles related to compensation are provided by S. 31. According to this section, where a person or an associate of the person derives compensation amounts, the compensation amount shall be included in calculating income of the person and takes its character from the amount compensated for.
For instance, XYZ Company insured its stock in warehouse against theft. On occurrence of the event of theft, XYZ Company will write off stock by that amount. This will reduce the profit stated by the company. But if the insurer is satisfied and compensates for the loss, then XYZ Company has to disclose the amount compensated as part of the realized stock.
But sometimes the insured can obtain a gain from insurance. The gain is the extent to which proceeds from life insurance paid by an insurer exceed premiums paid to the insurer with respect to the insurance.
Whenever such a gain happen:-
  • In the case where the proceeds are paid by a resident insurer, they are exempt in the hands of the insured; and
  • In the case where the proceeds are paid by a non-resident insurer, included in calculating the income of the insured.


Matokeo ya Kidato cha Sita yametangazwa rasmi na Baraza la Mitihani la Taifa (NECTA).

MATOKEO YA KIDATO CHA SITA

A LEVEL RESULTS 2015 ACSEE

ACSEE 2015 EXAMINATION RESULTS

Zimbabwe’s bond notes might have eased some of the country’s liquidity challenges, but the World Bank warned the country’s financial markets were too small to absorb the government’s $1billion (R13bn) overdraft with the Reserve Bank of Zimbabwe.
The World Bank said yesterday that “replacing this overdraft with treasury bills and a domestic bond would further constrain the supply of credit” to the private sector.
Further increases in the overdraft to finance the 2017 budget, which was expected to notch up another deficit, would increase the money supply and intensify inflationary pressures, the bank said.

“The bond notes have increased the cash supply, boosting liquidity and attenuating deflationary pressures. However, further issues of bond notes will need to be carefully monitored to contain inflationary pressures,” the World Bank said.
Zimbabwe is battling cash shortages, which the bond notes have failed to fix, with banks still witnessing long queues for cash and ATMs running out of banknotes.
This is expected to further stifle economic growth.

However, the World Bank expects Zimbabwe’s economy to grow by 2.8percent this year, with growth likely to be boosted by a recovery in agriculture.
It said the country’s gross domestic product (GDP) growth last year was sluggish.
Mining, another key sector, had performed well, but still faced challenges, especially with royalties still high amid a difficult operating environment.
Zimbabwe’s mining industry is home to units of Anglo Platinum, Sibanye Gold, Impala Platinum, Metallon Gold, among other resource groups.
“The cost of doing business in the sector remains high due to an outdated capital stock, a difficult business climate, and high royalty rates relative to other countries,” the report said.
It further highlighted that President Robert Mugabe’s government should remain committed to “the transparent, credible, and consistent application of its indigenization policy” which would be crucial “to attract and retain investment” in the mining sector.

The country’s financial services sector, in which Barclays, Standard Chartered, Standard Bank and Nedbank have units, experienced a dramatic increase in government debt between 2015 and this year, which was negatively affecting the private sector.

The 2016 fiscal deficit that Zimbabwe notched up had “largely exhausted the government’s access to financing and limited the resources available” for the 2017 and subsequent budgets.

Foreign exchange rationing was expected to continue in Zimbabwe but the World Bank insisted that structural reforms, including improvements in the business climate, remained vital to Zimbabwe’s economic development.

Tanzania’s President met with Barrick Gold Corp. Executive Chairman John Thornton in an effort to resolve an impasse between the government and Acacia Mining Plc, of which Barrick is a majority shareholder.
Barrick Gold Corp. Executive Chairman with Tanzania President
Barrick Gold Corp. Executive Chairman with Tanzania President
“As the negotiations have yet to commence, no agreements have been reached,” Acacia said in a statement Wednesday. “The negotiations will seek a resolution that is in the best interests of all stakeholders.”

Earlier, Tanzania’s presidency said Thornton had already had an initial meeting with President John Magufuli in the commercial capital, Dar es Salaam, and that Barrick is willing to reimburse money that’s owed to the government. Magufuli has accused Acacia of failing to pay billions of dollars of taxes. Acacia surged as much as 11 percent in London.

“Thornton said his company is ready to hold talks with Tanzania that will consider the interests of both sides and is ready to pay all the money it’s expected to pay Tanzania,” Magufuli’s office said. The government welcomes such talks and will establish a panel of experts to negotiate how the company will pay the money and how it will conduct future operations in the country, according to the statement.
Barrick confirmed the meeting but not the details of what, if anything, had been agreed.
Barrick Gold Corp. Executive Chairman with Tanzania President
The meeting took place two days after the Tanzanian leader accused Acacia of operating illegally and demanded it remit unpaid taxes. The accusation followed an audit of the country’s mineral exports over the past 19 years that found mining companies failed to remit taxes of as much as 108.5 trillion shillings ($48.5 billion) since 1998.

Toronto-based Barrick, which owns 64 percent of Acacia, also agreed on Wednesday to help Tanzania build a smelter, according to the presidency’s statement, which didn’t provide further details.

“The meeting was constructive and open, with the parties agreeing to enter into negotiations to seek a resolution that is in the best interests of all stakeholders, including Tanzania, Barrick, and Acacia,” Barrick said in a statement Wednesday.

London. At least six people have been confirmed killed in a huge fire that ripped through a west London tower block, but police expect the death toll to rise.

In a statement at 11.30am, Commander Stuart Cundy, of the Metropolitan Police, said: "I can confirm six fatalities at this time but this figure is likely to rise during what will be a complex recovery operation over a number of days. Many others are receiving medical care."
Sadiq Khan, the Mayor of London, said "questions need to be answered as soon as possible".
Up to 600 people are believed to have been inside Grenfell Tower's 120 flats when the blaze tore through the 24-storey building in the early hours.
Eyewitnesses described people trapped in the burning Grenfell Tower, in north Kensington, screaming for help and yelling for their children to be saved.
Firefighters rescued many people and are still trying to put the fire out in the 24-storey block 12 hours on.

Police say there may still be people in the building who are unaccounted for. Residents who escaped spoke of others trapped and screaming for help, with some throwing children from windows and others jumping from upper floors. Some were reported to have attempted to use bin bags as makeshift parachutes.
More than 200 firefighters were called to the block on the Lancaster West Estate, in north Kensington, at about 1.15am. Several firefighters also suffered minor injuries in the blaze.
In a sign of hope, survivors were still reportedly being pulled from the block nine hours after the blaze started.

As an investigation into the cause of the fire began, residents reported that fire alarms had not sounded and that they were told to "stay put" in their flats and "put a wet towel down by the door.

Magazeti ya leo Tanzania
Today Tanzania newspapers
HabariDuniani brings Tanzania newspaper headlines at your finger tips.

THE GUARDIAN

The Guardian

THE CITIZEN - TANZANIA NEWSPAER



DAILY NEWS - TANZANIA




Dar es Salaaam. Speaking at the State House yesterday after receiving a report from an eight-member team led by Professor Nehemiah Osoro, Dr Magufuli said he endorsed all its recommendations.
Mining saga in Tanzania
Prof. Nehemiah Osoro submit to President second team report 
“ I hereby direct intelligence and security officials to summon all the individuals who have been mentioned in this report and interrogate them, as a preamble to taking appropriate legal actions,’’ he said.

Ex-Minister's AGs and commissioners featured in the President's second probe team's report.

Among them are former cabinet ministers who entered into shoddy Mining Development Agreements (MDAs) with mining companies, occasioning loss to the country in taxes between 1998 and 2017.

Others are former Attorneys General (AGs), their deputies, former commissioners of minerals, directors of contracts departments, lawyers in the Ministry of Energy and Minerals and others who participated in the drafting of the agreements, as well as provision and renewal of mining licences.

Some of the individuals featuring in the report include former ministers for energy and minerals - Daniel Yona, Nazir Karamagi,Wiliam Ngeleja and Professor Sospeter Muhongo.
Others are former commissioners of minerals Paulo Masanja and Dr Dalali Kafumu, as well as Acting Commissioner of Minerals Ally Samaje. Featured too are former AGs (by virtue of which they were chief state legal advisors) Andrew Chenge and Johnson Mwanyika.

The list also includes former deputy AGs, Felix Mrema and Sazi Salula as well as the heads of the contracts department, Maria Kejo and Julius Malaba.
The Osoro-led committee also proposed that legal steps should be taken against workers and owners of the biggest mining companies, Freight Forwarders (T) Limited for contravening the country’s laws.

Dr Magufuli furthermore called for a review of the Mining Act, directing lawyers in the ministries of Energy and Minerals, as well as Justice and Constitutional Affairs to work together to make important amendments that will help the country to benefit from the natural resources.
The mining companies that signed vague agreements with the ministry of Energy and Minerals, according to the report, are Bulyanhulu Gold Mines Limited (Kahama Mine Corporation Limited), North Mara Gold Mine Limited and Pangea Gold Mine Limited - all of which are under the Acacia Gold Mine Plc as well as Geita Gold Mine Limited (AngloGold Ashanti Limited).

 “Our country is endowed with a lot of natural resources but our people are still languishing in abject poverty because of some people who subordinate individual gains to national interests,’’ he said. He blamed some officials who ignored potential investors who had shown interest to build smelters in the country.

The Head of State said the country needed investors who were ready for conducting business under win-win arrangements and not exploiters who had been siphoning the country’s resources. He asked the Speaker of the National Assembly, Mr Job Ndugai, to explore the possibility of squeezing amendments in the law within the ongoing parliamentary budget session.

“Even if this entails extension of the session for an extra week, I am ready to give you the go-ahead and give you full support, to enable us amend our legislation for the benefit of our country,’’ he added.

Mr Ndugai, who also attended the report’s handing over function, said the House was ready to overhaul the law, adding that he also intended to form a team for overseeing the country’s diamond business as he did relating to Tanzanite.

Mzee aliyechora nenmbo ya Taifa afariki dunia
Mzee Francis Maige Kanyasi alipolazwa Hospitali.
Dar es Salaam, Muhimbili. Hospitali ya Taifa ya Muhimbili imetoa taarifa kwa umma kuwa Mzee Francis Maige Kanyasu (86) “Mzee Ngosha” amefariki dunia jana tarehe 29 Mei, 2017 saa mbili na nusu usiku. Mzee Ngosha inaaminika ndiye aliyechora neno ya Taifa.

Nairobi, Kenya: Britain will donate more than Sh500 million to complement Kenya’s efforts towards mitigating the effects of the current drought, Foreign Secretary Boris Johnson has said.
Foreigh Affairs Cabinet Secretary Amina Mohamed and Britain's Foreign Secretary Boris Johnson after holding discussions at the foreign affairs ministry headquarters yesterday. PHOTO. Courtesy
Johnson said at a press conference in Nairobi yesterday that the UK is ready to support Kenya in dealing with the situation. “The UK will give out 4 million pounds (Sh509 million) to aid malnourished children as well as tackle drought effects,” he said.
The British minister said he is happy with the progress made on the same, further praising the declaration of drought as a national disaster. The government made the declaration on February 10, citing drought in more than 23 counties — most of which are in arid and semi-arid areas.
President Uhuru Kenyatta urged local and international agencies to support the affected Kenyans. Johnson, while reminiscing his childhood days in Kenya, said the country has changed immensely over the years.
“I first came to Kenya when I was 12 years old. I watched President Jomo Kenyatta making a speech to a crowd of people,” he said.
“More tourists need to visit Kenya. The change and progress in Kenya is very moving,” the Foreign Secretary said. Johnson, citing that 65 per cent of coffee drunk in London comes from Kenya, said the UK has an opportunity to open up trade.
Earlier, Johnson visited drought-stricken Laikipia county in the wake of attacks on white farmers.
Armed cattle herders, in search of scarce pasture, have driven tens of thousands of cattle into private farms and ranches.
The tour comes days after a British army veteran Tristan Voorspuy was killed on March 5 while inspecting his lodges.
Voorspuy’s body was left at the scene for more than 24 hours because the search party was concerned they would be attacked.
“Johnson visited Lewa wildlife conservancy this morning to see UK support for conservation and communities,” UK High Commissioner to Kenya Nic Hailey wrote on Twitter.

The Britain’s Foreign Secretary also awarded “Long Service Good Conduct” medal to Mohamed Shan at the British Training Unit in Nanyuki.


Yusuf Manji who own Golden Globe, is reported to have acquired the shares in the telecommunications firm for 13bn/-.
But, there are forgery claims shrouding the sale transaction of the shares, with the court warning in a notice published last week that should the Briton fail to show up, the application for revision will be heard and decided exparte, in his absence.
Registrar of Court of Appeal John Kahyoza has indicated in the notice that the application hearing, which has been called on the court’s “suo mottu” (own motion) would be heard by a panel comprising Justices Mbarouk Mbarouk, Augustine Mwarija and Shaban Lila on February 15.

According to the notice, the aim of the hearing is to examine the correctness, legality or propriety of the proceedings, judgment and decree issued by the High Court’s District Registrar Pamela Mazengo on November 10 and 13, 2014.
The applicant to the application is Millicom (Tanzania) NV and Golden Globe, James Bell and Quality Group Limited are the respondents. The application hearing follows the complaint by Millicom to the Chief Justice on case proceedings.

In the January 10, 2017 letter, Millicom NV, a limited liability company registered under the laws of Curacao, claims to be the majority shareholder of MIC Tanzania Limited, which trades as Tigo, the telecom firm registered in the United Republic of Tanzania. Records show that in 2002, James Bell filed a Civil Case No. 306/2002 against MIC UFA Ltd, Millicom International Cellular SA and MIC Tanzania Limited.
In the case, Millicom NV was neither one of the defendants nor interested party. Mr Bell, the plaintiff in the proceedings, got a default judgment against MIC UFA Limited and Millicom International Cellular SA only in March 2005 and nowhere in the judgment is Millicom NV mentioned as the defendant or judgment debtor.

The plaintiff attempted to execute the judgment against shares in Tigo, but could not because the then High Court Judge Laurian Kalegeya, on November 7, 2009 ruled that the shares were not owned by Millicom International Cellular SA, but rather Millicom NV, a wholly separate legal entity.
However, on February 18, 2014, the plaintiff filed another application for execution against the same shares, which he claimed were owned by Millicom International Cellular in Tigo.

On June 17, 2014, the District Registrar, Ms Pamela Mazengo, appointed Mustafa Nyumbamkali of Super Auction Mart & Court Brokers as auctioneer and issued a prohibitory order attaching Millicom International Cellular owned shares in Tigo.

The non-existent shares were purportedly sold by way of an auction on November 5, 2014 to an offshore company, Golden Globe, allegedly controlled and beneficially owned by Manji. On November 10, 2014, the Registrar issued a certificate of sale, concluding the execution in shares of Millicom International Cellular in MIC Tanzania limited.
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