KCB BANK TANZANIA HOLDS THE 2ND BIASHARA CLUB WORKSHOP

FOR 2019.

KCB Bank Tanzania

Press release
Wednesday 11th September 2019

KCB Bank Tanzania today has continued to show commitment to the SME sector by holding
the second Biashara Club Workshop for 2019 bringing together over 300 business
executives at the Serena Hotel in Dar es Salaam. KCB Biashara Club is a forum designed
specifically for SME customers providing a platform to interact amongst themselves,
facilitate training on different business techniques and provide much needed exposure to
other businesses and suppliers inside and outside Tanzania.

Since its inception in 2017, KCB Biashara Club has continued to provide much valued and
needed support in developing the Tanzanian SME sector through enterprise development
services and building business management skills. In March 2019, KCB Bank held similar
event in Arusha with a special focus on the tourism industry.

In her opening remarks KCB Bank Head of Marketing & Corporate Affairs, Ms. Christine
Manyenye said the bank made deliberate efforts to bring in stakeholders such as Eng. Jane
Kadoda from the National Environment Management Council (NEMC) who spoke on the
impact of businesses on the environment as well the importance of adherence to
environmental guidelines put in place by the Tanzanian government. On the other hand, Mr.
Fasili Boniface a representative from European Investment Bank (EIB) touched on keeping
financial records, compartmentalisation of business expenses against personal expenses.

Ms. Saada Sipemba a travel expert from Sadio Travel and Tours, a facilitator at the event,
spoke on the business opportunities in China and the bank’s efforts in making those
opportunities a lot more accessible to its customers. KCB Bank through Biashara Club also
arranges business trips to countries like China, Malaysia and South Africa at reduced costs
for its Biashara Club members with the aim of assisting them to gain new markets as well
as access to different products for import to the Tanzanian market.

Besides benefiting from the training sessions during the various seminars, members of
Biashara Club also gain new connections within the club helping them broaden skills and
business goals. KCB Bank Tanzania understands the importance of the SME sector in
growing the country’s economy but also realises that this cannot be achieved if the SMEs do
not have the right skills in developing and managing their businesses.
About KCB Bank

KCB Bank Group is Eastern Africa’s largest commercial Bank that was established in 1896
in Zanzibar. Over the years, the Bank has grown and spread its wings across Tanzania,
Kenya,South Sudan, Uganda, Rwanda, Burundi and Ethiopia (Representative office). Today
KCB Bank Group has the largest network in the region with over 262 branches, 962 ATMs
and 15,000 agents offering banking services on a 24/7 basis.

KCB Bank Group is listed at the Nairobi Securities Exchange, Uganda Securities Exchange,
Dar es Salaam Stock Exchange and the Rwanda Stock Exchange. The Group also owns KCB
Insurance Agency, KCB Capital and KCB Foundation.

In Tanzania, KCB Bank opened its doors in 1997 and has since played a crucial role in the
country’s financial sector growth. Currently the bank has 14 branches across Tanzania and
Zanzibar. These branches are Samora, Mlimani, Uhuru, Msimbazi, Lumumba ,Buguruni,
Mbagala and Oysterbay in Dar es Salaam; Moshi, Zanzibar, Arusha Main and TFA, Mwanza
and Morogoro.