President Samia Suluhu Hassan has witnessed the signing of a tripartite Memorandum of Understanding between the chambers of Commerce of Qatar, Tanzania Mainland and Zanzibar aiming at strengthening trade and investment relations.
The MoU was signed on Thursday in Doha by the First Vice-Chairman of Qatar Chamber, Mohamed Bin Ahmed Twar Al Kuwari, the President of Tanzania Chamber of Commerce, Industry and Agriculture (TCCIA), Paul Koyi and the chairman of Zanzibar National Chamber of Commerce (ZNCC), Ali Suleiman Amour.
A statement issued by the State House on Thursday stated that, the objective of the MoU was to enhance trade and investment cooperation and partnership between business communities from Tanzania and Qatar, particularly in the areas of tourism and hospitality, infrastructure and energy.
It added that the Head of State held talks with Qatar’s Finance Minister, Mr Ali bin Ahmed Al Kuwari on double taxation between the two countries, investment, gas sector, livestock, tourism and agriculture.
During talks between President Samia and Qatar’s Public Health Minister, Dr. Hanan Mohamed Al Kuwari, the duo agreed to share expertise on emergency and trauma care.
Among other activities during her working visit to Qatar, President Samia also met the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, business leaders and attended the World Innovation Summit for Health (WISH) that came to a close on Thursday at the Multaqa Education Centre in Doha.
Source: allafrica.com
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Tanzania: Samia Hands Over NBC’s 354m/ – Crop Insurance Compensation to Farmers Affected By Hailstorms
President Samia Suluhu Hassan, has handed over a cheque of 354m/- from the National Bank of Commerce (NBC) as compensation to tobacco farmers, who were affected by hailstorms during the previous farming season in various regions across the country.
Handing over the cheque in Dodoma, the compensation is part of the crop insurance service provided by NBC in collaboration with the National Insurance Corporation (NIC).
Furthermore, President Samia has also handed over health insurance coverage to members of the Lindi Mwambao Cooperative Union based in Lindi Region, through the Farmers’ Health Insurance service provided by the bank in partnership with Assurance Insurance Company.
While visiting the bank’s pavilion at the Nanenane Agricultural Exhibition and being received and briefed by the bank’s Managing Director, Mr. Theobald Sabi, she said: “This crop insurance is one of the crucial solutions in ensuring farmers have a reliable income, without fear of challenges such as natural disasters, including hailstorms.
“I call upon all farmers in the country to make the best use of this important opportunity by accessing these kinds of insurance services. I also highly commend NBC and all the stakeholders participating in this programme.”
Elaborating further on the crop insurance service, the Minister of Agriculture, Hussein Bashe, stated that it will help to recover the loss farmers incurred, especially in various calamities beyond their control.
Citing them as floods, fires, and hailstorms, which have significantly affected the well-being of farmers and caused some to be reluctant to invest in the crucial sector, Mr Bashe added: “However, our President, this step by NBC is just the beginning, as this is the second year since they started offering this service, and the results are already visible.
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“As the government, we promise to continue supporting the wider implementation of this service, with the goal of ensuring that this crop insurance service reaches more farmers.”
ALSO READ: NBC participates in TFF 2023/24 awards, promises to enhance competition
On his part, Mr Sabi said that the farmers who benefited from the compensations are from 23 primary cooperative unions in the regions of Shinyanga, Geita, Tabora, Mbeya, Katavi, and Kigoma.
He added: “In addition to these insurance services, as a bank, through this exhibition, we have continued with our programme of providing financial education and various banking opportunities to farmers, alongside offering them various loans, including loans for agricultural equipment, particularly tractors, to eligible farmers.:
At the NBC booth, President Samia also had the opportunity to be briefed on the various services offered by the bank to the farmers namely crop insurance and health insurance services.
There, the President had the chance to speak with some of the beneficiaries of the services, including the Vice-Chairman of the Lindi Mwambao Primary Cooperative Union, Mr. Hassan Mnumbe, whose union has been provided with a health insurance card from the bank.
Source: allafrica.com
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