CRDB Bank cashes out Sh51.7 billion in dividend to Tanzania Government

The Minister for Investment and Planning, Prof Kitila Mkumbo (second left), hands over a dummy cheque to the Acting Deputy Permanent Secretary of the Ministry of Finance (Management and Economy), Mr Japhet Justine (centre) at a dividend presentation event by CRDB Bank for the year 2023 at Hazina Kambarage Hall in Dodoma Capital. Holding the cheque are Parliament Budget Committee Chairman Mr Oran Njeza (right), CRDB Bank Board Chairman Dr Ally Laay (left), CRDB Bank Group CEO and Managing Director Mr Abdulmajid Nsekela (second left). The funds are for the Government and its authorities.

What you need to know:

  • The lucrative earnings issuance were made by the CRDB Bank’s Board Chairman, Dr Ally Laay at the event that took place at Hazina Kambarage venue in the country’s capital of Dodoma.