Tanzania, April 24 -- Zanzibar. The National Bank of Commerce (NBC) has reaffirmed its commitment to supporting local governments for empowerment and inclusive development.

The commitment was stated by the bank's director for corporate and investment banking, Mr James Meitaron during the annual general meeting of the Association of Local Authorities of Tanzania (ALAT) in Zanzibar, where NBC is one of the main sponsors.

Mr Meitaron appreciated the role played by local authorities in driving economic progress across Tanzania, emphasizing the bank's dedication to provide services aligned with the evolving needs of LGAs.

He highlighted the bank's contribution to the national economy, with over Sh66.5 billion remitted to national coffers in...