KCB Bank holds Biashara Club meet for SME clients

03Dec 2018
The Guardian Reporter
Dar es Salaam
The Guardian
KCB Bank holds Biashara Club meet for SME clients

OVER 200 small and medium size enterprise owners and managers attended a KCB Bank Tanzania Limited second Biashara Club Workshop last week in Mwanza.

KCB Bank’s Trade Sales Manager, Lightness Mlay responds to questions from representatives of small and medium size enterprises during a Biashara Club workshop held in Mwanza City last Friday.

The first similar workshop was held in Dar es Salaam earlier this year where hundreds turned up to learn about business management, tax compliance and networking for marketing.

 

Launched in 2017, KCB Biashara Club has continued to show commitment to developing capacity of SME clients to help them grow and graduate into big companies.

 

Speaking at the event, KCB Bank’s Mwanza Branch Manager, Emmanuel Mzava thanked the attending business executives and reaffirmed the bank’s commitment to hold similar workshops in Mwanza city in future.

 

“Mwanza is a bustling city with many businesses and continues to prove that it is an enticing center for business growth and development,” said Mzava.

 

A tax consultant who lectured the KCB clients, Swetbert Thomas urged the Biashara Club members to understand the importance of the country’s tax regulations and the direct impact that such regulations have on their businesses.

 

“SMEs like any other businesses need to pay taxes which is why the bank wants you to be tax compliant at all times,” Thomas said.

 

During the workshops, SME representatives also learnt about available opportunities at KCB Bank, establish new business connections with peers to grow and broaden their businesses.

 

In Tanzania, KCB Bank opened its doors in 1997 and has since played an important role in the country’s financial sector growth. Currently the bank has 14 branches across Tanzania and Zanzibar.