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TODAY, April 26, 2017, Tanzanians willy-nilly ‘celebrate’ yet another ‘public holiday,’ which gives them the option to either wallow lazily, hazily through the day – or, at best, to engage in some private/personal income-generating activity!

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THE Vodacom Premier League has been plunged into a crisis of sort over the fielding by Kagera Sugar of a player who had been slapped with three yellow cards and who had not completed his match ban.

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I have been informed that with the Cyber Crimes Act in place, what we write on facebook, as a joke or comment can be used against us in Court? Can I please understand more on this law as I am a facebook addict and cannot live without it? FG, Mwanza

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THE minister responsible, for among others, the sports docket, Dr Harrison Mwakyembe, has been meeting leaders of the two oldest clubs in Tanzania, Simba and Young Africans Sports Clubs, to look into how the two clubs could get themselves into modern ways of running the game.

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IT is over fifty years now since that lofty idea of having a United Africa was pronounced by the founding fathers of the African states but not much has been realised.

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GO round the country or, particularly, the city of Dar es Salaam, and you will see how people get wild with names. With conscious efforts they seem to adopt a new moniker to suit their liking, incongruent to the situation or place, though the name may be.

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FOSSILS records indicate modern birds are the last remnants of dinosaurs whereby their ancestors evolved from a primitive birdlike very big reptile about 100 million years ago.

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RECENTLY, while going through my Facebook, I stumbled upon one photo showing the late Comrade Samora Moise’s Machel together with Twaha “Jenerali” Ulimwengu somewhere in a jungle, during liberation struggle for Mozambique back in the early 70’s.

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GLUED to our TV sets last week, we watched an impressive military parade by armed forces of the Democratic Republic of Korea (DPRK) or North Korea celebrating one of their national days.

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ALGERIAN and Egyptian soccer clubs have lately turned into a jinx for Young Africans in the same way a Ghanaian club, Asante Kotoko, had done for the oldest Tanzanian soccer club in 1970. In the Young Africans’ latest encounter against an Algerian outfit whom they had edged out in Dar es Salaam by one goal to nil, the Tanzanian club were wallowed by four goals to nil.

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WE are often taught in life that one should always have a Plan-B. If you are pursuing something so vigorously and by any change if it fails, there should always be an alternative option.

Similar is the case on investment matters. You can’t just concentrate of putting your money into a single investment option. Moreover, every single investment option has its own pros and cons. One is risky but with good returns while the other one is safe but with low returns and this is where we need to adopt a balanced approach.

I am sure you might have heard the famous saying stating ‘never put all your eggs in one basket’; however its integral meaning is normally ignored by many investors while making their investment decisions.

The needs of human beings are very varied as they are never similar for two individuals. There are many socio-economic factors like – Family Background, Age, Education Qualification, Income Level and Profession etc., which play an important role in determining the corresponding needs for a person.

Similarly every individual has diverse needs which ought to be fulfilled as the time comes. Therefore a sole investment solution can’t cater to all the needs of a person and thus calls for constructing a portfolio of investment for every single investor.

In layman’s language, ‘constructing a portfolio’ - means investing money in different instruments [varying on risk, returns and liquidity] depending on the need profile of an investor. For example, a young employed person can make a high risk/ high return investments for a longer horizon, however as the time passes the same person needs to make certain investments which may relatively be carrying lower returns but at the same time counting higher on other parameters like safety and liquidity.

While a person grows near to his/her retirement, one would keenly look for an investment opportunity which can provide regular income during their post retirement days. On the other hand, a young couple with little ones to look after may opt for investment solutions which could take care of education expenses of their children as and when such need arises.

Likewise, once you get old one of the priorities is to foot the medical bills, which can easily be achieved if one had joined a medical insurance scheme when it was needed to do so. So as an individual grows his needs keep on changing.

This necessitates the adoption of a need based tailor made investment solution(s). Through this way and with passage of time, one would construct a portfolio of investments catering to the varied needs of a human life.

Therefore, the need of the hour is to start constructing a portfolio for your investments which are tailor made to suit the day-to-day requirements of your life.

While it is always important to have some liquid cash in your bank account to take care of any unforeseen need, it is equally important to invest your surplus money in an instrument with a long term perspective and having adequate potential for generating high returns.

Constructing a portfolio not only include investments in financial products but may consist of investments in precious Metals/ Stones like - Gold, Silver, Diamond and Tanzanite etc. Off late, investment in real estate is slowly emerging as one of the important constituents of one’s portfolio.

Portfolio construction is an on-going exercise. Sometimes it may involve exiting from one constituent of a portfolio and making an additional investment into another portfolio or adding an altogether new constituent into the portfolio.

Though there is no readymade portfolio mix for an individual, some important constituents of a portfolio can be outlined as follows: Savings with Banks [short as well as long term], Equity Instruments, Investment in Unit Trust/ Mutual Fund Launched Schemes, Insurance Policies [life, accident, health] and Investment in Treasury Bills/ Bonds etc. We all know that risk is an inherent factor while investing in any asset class, however its impact can be minimised by skilfully diversifying one’s portfolio.

Any single instrument - howsoever good it may be - can dramatically change adversely with the change in market conditions and if you had placed all your eggs in one basket, there are chances that you may lose everything at some point in time.

Cheers!

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THERE is an ongoing nationwide efforts to fight and eliminate the cultivation, distribution, the sale and use of banned substances called drugs, a rarity in African nations.

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2017 seems to be running on alternative facts. This is the year of alternative facts and there is no escaping it.

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HAD the Founder President of this country, Mwalimu Julius Nyerere been alive, he would have turned 95 yesterday. For, he was born on 13th April 1922.

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THE heading of this article is a direct quotation from Erick Mwakibete’s presentation, which appeared on page 26th of THE CITIZEN ON SUNDAY Newspaper of 2nd April, 2017.

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THE Simba, Mbao FC Vodacom Premier League encounter played at the CCM Kirumba Stadium in Mwanza on Monday this week, is yet another important lesson that Tanzanian soccer clubs, and new comers to league, in particular, need to learn. Mbao FC had more than wrapped up the game against one of the most experienced clubs in Tanzania, Simba Sports Club.

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I VISITED Malawi a couple of times when Kamuzu Banda was ‘prezidenti wa muyaya’ or president for life.

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ALTHOUGH they have become victims of poaching but they don’t compete with people but with other dwellers of the forest.

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IN simple word, beauty can be defined as a characteristic of an animal, idea, object, person or place that provides a perceptual experience of pleasure, on other hand ugliness is a property of a person or thing that is unpleasant to look upon and results in a highly unfavourable evaluation.

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“ETHIOPIAN Prime Minister Hailemariam Desalegn Boshe (born July 19, 1965, age 51 years) flew back home after a two-day state visit to Tanzania last week with a bag full of goodies, one being a deal for Ethiopian Airlines to establish a cargo hub in Dar es Salaam”.

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ON Tuesday I witnessed an interesting scene in our legislative Assembly they honourably refer to as the August House. Tanzania house of law makers was sitting to elect its representatives to the East African legislative Assembly (EALA).

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  • Zenani Mandela, daughter of Nelson Mandela

IT is close to a fortnight now after the sad news of the death of Ahmed Kathrada, one of the leading anti-apartheid icons in South Africa who fought alongside Nelson Mandela.

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IN my article of last week, Thursday 30th, 2017; I discussed the important matter of the “new push” by The Tanzania Constitution Forum (TCF) for the resumption of the new Constitution writing process.

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IN order to win any soccer league under the sun, including of course, the Vodacom Premier League, a team must win in each and every league match.

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SOME of our readers have asked me to write about constipation, haemorrhoids or piles. Piles are conditions that are a resultant of chronic and continuous constipation. Worldwide, nearly 50 per cent of the people have had this problem of piles at some time in their life. All age groups, young and old, males and females, are affected.

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MANY Tanzanians attend church services. Hopefully many come out of the Sunday prayers inspired or uplifted. For me the readings of a couple of recent Sundays were very interesting.

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I AM reliably informed, but apologies for forgetting the name of the fairly intelligent social animal who (or is it that ?) was kind enough to render me the service free of charge, that, the Birth Day (BD), is one of the most memorable in a person’s life.

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APRIL 1st 2017 marks six years since my Dad, and first love of my life, passed and went to be with angels.

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THE war on drugs in the country continues unabated and hopefully the country will emerge victorious.

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THIS week President JPM did the unthinkable to those who have been ‘thinking’ on his behalf. After a year and months of his officials ‘imposing’ themselves on him, he finally solved the jinx.

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ONCE again, President Magufuli has uncovered what has left many Tanzanians with their mouths agape: hundreds of containers being shipped out of the country containing seemingly “rubbished” mineral sand from the country’s Lake Zone mines but are not exactly what they are intended to look like!

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The CITIZEN ON SUNDAY Newspaper of 19th March, 2017, carried the following news item: “The Tanzania Constitution Forum (TCF) now wants the Government to allocate funds to the resumption of the Constitution writing process in the next budget. . . Speaking to journalists at TCF Headquarters, the Organization’s Chairman, Mr. Deus Kibamba, reiterated calls for President John Magufuli to kick-start the stalled process”.

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ANOTHER session is on its way. Indeed, in the next few days, Bunge, the representative institution of the Tanzanian people will be meeting in Dodoma.

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IT did not come to me as a surprise when the Arusha Member of Parliament, Godbless Lema came up with that statement of wishing a good number of Mps could be incarcerated so that they can become more aware of the bad prison laws which still exist in our statutes books.

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