About MonFinance Blog

EMAIL: monfinance@live Follow Me on twitter @MissNiyu

Welcome to MonFinance Blog.

I got this idea of blogging from my passion for Social Media and a little knowledge I have in Finance Budgeting and Accounting.

I always give advice to my friends on Employment Taxes,social security contributions,corporate taxes and investment ideas.I need to share my little knowledge to you all and gain more from you readers.

My blog is about our everyday activities in Finance,accounting,economics- Theoretical and Practical.(I call it Our daily Maths)
And a little bit of if you have any question,comment, and or Ideas useful to this blog please share it with us.

This is a bilingual blog,so feel free to use English as well as Swahili in your contributions.

This is the beginning..Let’s walk through this together.


15 responses to “About MonFinance Blog

  1. Agnes Henry Kasiga

    March 8, 2012 at 3:25 pm

    Hellow Monica, you are wonderful my friend, i have learned something from your blog… keep it up!!

  2. Saidy

    May 24, 2012 at 10:11 am

    Never give up!

  3. maza teresa

    July 25, 2012 at 12:26 pm

    tuko pamoja monie

  4. jinesh dolasia

    July 25, 2012 at 12:59 pm

    Hai, jinesh dolasia, dar es salaam, after seeing ur website, i wish to know & take help from u regarding City Service Levy Tax, that what we have to pay the tax on whole sales turnover or only taxation product because we deal in both Exemption & Taxation also. If possible please help us from this solution as we are waiting for your reply.

  5. monfinance

    July 25, 2012 at 2:24 pm

    Hi Jinesh. Thanks for your question. The city service levy tax is 0.3% of Turnover. Not only vatable. So for a partial VaT business you pay on a total of vatable and exempt sales. I hope this will help. Visit again!

  6. Neema

    July 25, 2012 at 3:36 pm

    Hongera kwa kazi nzuri, mimi ombi langu ni kuhusu background colour, imekuwa dim sana kwa watu wenye matatizo ya macho kama mimi. tafadhari jaribu kubadili rangi au koleza maneno yaonekane vizuri. KEEP IT UP


    July 25, 2012 at 4:52 pm

    I am thirst of Finance updates especially those relevant to our Tanzanian setting,as a graduate in Finance from UDBS, Thanks Monica

  8. Bigeso James Makenge

    July 26, 2012 at 12:51 pm

    Big up Monie kwa wazo zuri sana!!! sasa swali langu ni kwamba kwa nn Financial institution nyingi zinatumia credit facility kama tool kubwa ya kuwapatia faida instead of other tools?


    July 26, 2012 at 7:16 pm

    What are some of the monetary policy measures used by Tanzania government to control inflation.

    • monfinance

      July 27, 2012 at 6:30 pm

      In accordance with Section 21 (3) to (6) of the Bank of Tanzania Act 2006,the central bank
      submits the Monetary Policy Statement of the Bank of Tanzania.

      The Statement reviews monetary policy implementation and macroeconomic
      developments during the previous economic year. It then outlines the monetary policy stance and
      measures that the Bank of Tanzania intends to pursue in following year.

      Some of monetary policies used by the Tanzania government through the Central bank in 2011/2012 are;
      1. Liquidity management and Interest rate Developments – this was implemented by raising the minimum reserve requirements to government deposits held by commercial banks and increased the bank rate by 442 basis points (to 12.0%) – the policy measure taken coupled with developments in commercial banks’ investment preferences in foreign assets ,strict government expenditure and good revenue performance led to shilling liquidity squeeze among the banks.

      2. Exchange rates developments – The Bank of
      Tanzania participated in the IFEM for liquidity management purposes and to
      smooth out short-term fluctuations in the exchange rate. The rapid depreciation of the
      Shilling that had been caused by, among others, increase in global demand for
      dollars, rapid expansion in the oil imports and delays in disbursement of foreign
      program assistance; was followed by appreciation in the first half of January 2012. The monetory policy measures taken included reduction of banks’ prudential
      limit on foreign currency net open position; strict enforcement of the existing
      restrictions on non-residents’ access to Tanzania shilling denominated credit
      facilities; and increased sales of foreign exchange in the IFEM.

      Read the Full Statement here:

  10. click here

    August 25, 2012 at 11:23 am

    Excellent blog here! Also your site so much up very fast! What host are you the usage of? Can I am getting your associate link for your host? I wish my web site loaded up as fast as yours lol

  11. Maria

    December 31, 2012 at 12:21 pm

    Indeed i find it very useful Monica, keep up the spirit

  12. rahma

    September 17, 2014 at 1:26 pm

    nikiwa kama mjasiriamali ni vitu gani napaswa kuzingatia ili niweze kupata faida nzuri kwenye biashara ya kukopesha…

  13. simion anthony

    December 13, 2015 at 5:45 pm

    I proficient what u educates,advisory, and what’s u share to the public am a scholar also concerned finance And investment knowledge would I join u on this

    • monfinance

      January 21, 2016 at 9:56 am

      Simion You are welcome to Join anytime. Thank You


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