KCB launches relocated branch in Zanzibar

Zanzibar Minister for Finance and Planning, Dr Juma Malik Akil (second right), launches the new KCB Mkunazini branch in Unguja. Others from left are KCB Bank Tanzania managing director Cosmas Kimario, Minister for Information, Communication Technology and Innovation, Mudrik Ramadhan Soraga and the bank’s board chairman Peter Kallaghe. PHOTO|COURTESY

What you need to know:

  • The bank was also the first to introduce Islamic banking services in Tanzania in 2008, in attempt to support the development of an inclusive economy that enables citizens to participate fully in productive activities.