Mwalimu Commercial Bank Plc (MCB.tz) listed on the Dar es Salaam Stock Exchange under the Banking sector has released it’s 2019 interim results for the forth quarter.For more information about Mwalimu Commercial Bank Plc (MCB.tz) reports, abridged reports, interim earnings results and earnings presentations, visit the Mwalimu Commercial Bank Plc (MCB.tz) company page on AfricanFinancials.Document: Mwalimu Commercial Bank Plc (MCB.tz) 2019 interim results for the forth quarter.Company ProfileMwalimu Community Bank Limited (MCB) is a commercial bank which is wholly-owned and promoted by an umbrella trade union of teachers in Tanzania. Tanzania Teacher’s Union (TTU) is a trade union established under the Employment and Labour Relations Act 2004. There are over 200 000 members across all regions in the country. MCB meets an important need to provide affordable and accessible banking products and services to teachers in Tanzania. MCB offers a diverse range of products and services geared to empower teachers and other civil servants to improve their living conditions and transform their lives. Mwalimu Community Bank Limited is listed on the Dar es Salaam Stock Exchange
according to the National Bureau of statistics Xining investigation team of 149 industrial enterprises below the scale, at present, the size of the city’s industrial enterprises in good condition. The current production and operation of enterprises in good condition accounted for 16.7% of the production and operation of the general accounted for 51.3%, poor production and operation accounted for about 32%.
in recent years, national and provincial and municipal levels of government attaches great importance to the development of small and micro enterprises, the introduction of a number of fiscal and financial policies to support small and micro enterprise development, especially in March last year, the province introduced the implementation of the "Qinghai province to support small and micro enterprise development policies and measures", from finance, taxation, finance, market, government, human resources, to improve the development environment of Small and micro businesses, promote a strong impetus to the healthy and rapid development of Small and micro businesses. Scale industrial enterprises in our city to seize market opportunities and overcome the operating pressure, the rising cost of financing difficulties and many problems and difficulties, efforts to promote the development of the scale, following the development of industrial enterprises, the overall production and operation has shown good momentum of development.
survey shows that the most prominent problem of scale industrial enterprises in our city is now facing rising labor costs, in the survey of 149 scale industrial enterprises, that rising labor costs is the most prominent problem facing enterprises accounted for 38.5%, accounting for 23.1% of the recruitment difficulties, raw material cost rises quickly accounted for 15.4%. The financing accounted for 14%, the problem of fund shortage and market demand accounted for 9%. It can be seen that the rise of the cost and the difficulty of recruiting seriously restrict the development of the following industrial enterprises. (author: Xiao Yan)