Tanzania

GMW national coordinator: Institute Of Accountancy Arusha Dar Es Salaam Campus Participating organisations: Vm Financial Education Foundation, University of Dar Es Salaam, Bank of Tanzania, Dar Es Salaam Stock Exchange, Capital Market Security Authority, Ministry of Finance, Utt Amis Pandahili Secondary School, Benjamini Mkapa High School, Senderwood Pre and Primary School, St Joseph Cathedral High School, Jangwani Girls High School, Brack Limited, Conerstone High School, Seckyland of Fashion, Tol Gases Ltd, Cmhl Royal Logistic Company Limited, One Nagg Group Ltd, Sephiola Technologies, Vikoba Endelevu, Kijitonyama Science Secondary School Total number of participating organisations: 25 Number of children and young people reached directly: 7,000 Number of adults reached directly: 500 Number of people reached indirectly: Not reported

Throughout Global Money Week 2022, VM Financial Education Foundation and Institute of Accountancy Arusha along with other partners, reached 7,000 youth and children. Activities such as a seminar, essay competition, public lecture, study tours to Bank of Tanzania, Capital Market Security Authority and Dar Es Salaam Stock Exchange were conducted.

The CEO of Capital Market Security Authority bought shares of Tsh 100,000 to each university student who attended the seminar that encouraged youth to learn more of investment and how to choose shares from the market before investing.

Seminars targeting farmers and livestock keeper from TABROFA and VICOBA (small groups of saving and investing) had an opportunity to learn on how to be smart about their money by gaining insights into other means of investing.

VM Financial Education Foundation also hosted an essay competition on “Financial Discipline is the Key to Success” for secondary school students. 3000 students from public and private school took part in it, but only three winners were awarded laptops.

Moreover, a public lecture attended by 200 people was held on March 25th. The speakers from Ministry of Finance and Planning explained the Tanzania financial sector development master plan. He emphasised on the importance of financial education and how the ministry is planning on providing financial education to the community. Other guest speakers included Dar es Salaam Stock Exchange, Capital Market Security Authority and UTT AMIS. Additional one-on-one session on financial literacy and market outreach was held on March 26-27.