Tag Archives: Simba

Simba’s Goalless Draw With Muadui FC Shatters MPL Dream

Dar es Salaam: The Simba saw a goalless draw against Mwadui FC of Shinyanga at the National Stadium in Dar es Salaam in pre-season winning run, bringing their hope to an end for Mainland Premier League. The MPL giant Simba need to now concede the defeat as they had seen record high-profile wins over URA and SC Villa earlier. The ...

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Dar bourse activities to slowdown as the year ends

Trading at the Dar bourse is expected to slowdown in the coming weeks because most of the local investors are planning for annual leave and holidays as well as end of the year obligations. “The decline of market performance during end of year period which is viewed as stock market weakness could be regarded as a buying opportunity” said Mr Raphael Masumbuko, Zan Securities Limited Chief Executive Officer in the weekly market wrapups. During this period, turnover improved a marginal of three per cent to 1.86bn/- despite notable decline in the banks, Finance and Investment 1.07 per cent, Industrial and Allied 1.89 per cent and Commercial Services 0.42 per cent sectors. NMB dropped by 2.9 per cent to 2540/- from 2560/-, CRDB by 1.7 per cent to 290/- from 295/- while TBL lost by 2.9 per cent to 8000/- from 8240/-. The scenario helped to push the market into negative territory for the week by directing All Shares Index (DSEI) downward 3.97 per cent to 1,863.34 and Tanzania Share Index (TSI) the same direction 1.58 per cent to 2,844.51. The most active counter during the week was CRDB, NMB and TBL. There were no any other notable gainers and most of cross listed equities recorded declining trend. CRDB counter was mainly supported by foreign investors to trade 4,175,409 shares. TBL was the most active counter among the Industrial and Allied segments. The counter maintained local support to transact 39,765 shares at price of 6,400/-, 7,360/-, 8,180/- and 8,240/- per share. Swissport had 2,099 shares at 2,700/- and Twiga traded 603 shares at 2,680/- per share. Precision followed with 500 shares traded at 475/-, while 100 Simba shares transacted at 2,340/- per share. TOL traded 100 shares at 310/- per share, whereas TCC transacted only 100 shares at a price of 8,600/-. There were no activities on the TATEPA counter. Foreign participation in the week increased by 36 per cent to 878m/- while local participation decreased by more than 15 per cent to 986.67m/-. Total market capitalisation decreased by 3.97 per cent to 16.49tri/- while domestic market capitalisation decreased by 1.58 per cent to 5.98tri/- compared to a week before.

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Simba’s Croatian coach jets in

Simba Sports Club’s new Croatian coach Zdravko Logarusic jetted in Dar es Salaam and confidently promised supporters of the Msimbazi Street club an outstanding performance in the top flight league. The former Kenya Premier League side Gor Mahia’s head coach arrived in the morning, a day after Azam FC had unveiled Cameroonian Marius Omog as their new coach replacing Briton ...

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Simba’s Croatian coach jets in

Simba Sports Club’s new Croatian coach Zdravko Logarusic jetted in Dar es Salaam and confidently promised supporters of the Msimbazi Street club an outstanding performance in the top flight league. Zdravko Logarusic The former Kenya Premier League side Gor Mahia’s head coach arrived in the morning, a day after Azam FC had unveiled Cameroonian Marius Omog as their new coach replacing Briton Stewart Hall. Logarusic (51), said he is ready to seal a deal with Simba who sacked veteran Abdallah ‘King’ Kibaden and his assistant Jamhuri Kihwelo Julio a few weeks after the Mainland Premier League first leg wound up due to unsatisfactory performance. The Crotian is expected to sign a six-month contract with the Msimbazi Reds who are in fourth position behind their archrivals Young Africans, who are in the pilot’s seat, Azam and league debutants Mbeya City who are in second and third positions respectively. Logarusic assisted Gor Mahia to win the league title after an 18-year drought and he said his philosophy is to play quick attacking football and counter-attack because it brings good results. He promised he will not make any changes in the current squad, but he will focus on ensuring the team regain its lost glory by reclaiming the league title it lost to Yanga in 2011. “My role is to establish a competent team that play a quick attacking game. I believe the Simba squad will change technically and be able to challenge the league title and qualify for the CAF Champions League,” he boasted. After inspecting the club’s training field, the Croatian tactician proposed to have a trial match every week in order to have a competent squad before the league resumes early next year Logarusic earlier coached Ghanaian clubs “King Faisal Babies FC Kumasi” King Faisal Babies FC of Kumasi, Ghana from 2009/2010 and Ashanti Gold SC for two years from 2010 to 2012. He was later recruited by Gor Mahia from April 2012 to November 2013. By RAHEL PALLANGYO, Tanzania Daily News

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Banking segment remain active at DSE

Share indexes at the Dar es Salaam Stock Exchange (DSE) headed north last week, buoyed by gains made by some counters in banking and industrial segments. According to the weekly report by the Tanzania Securities Limited (TSL), the DSE all share index closed the week up, at 1,841.12 points, which is 0.3 per cent increase while the All Share Index (TSI) ended at 2,603.20 points, a 1.8 per cent gains. The Industrial and Allied Index strengthened further to 3,017.29 points, which are 3.22 per cent gains buoyed by gains in NMB and TBL counters. But the banking segment Index weakened by 0.59 per cent to close the week at 2,436.60 points pulled down by CRDB’s decrease compared to previous market session. In the meantime, the week registered substantial decrease in turnover to 4.85bn/-, or 146.4 per cent from 11.95bn/-, the preceding session. However, the activity levels improved with shares traded increasing to 4,117,710 shares, equivalent to 41.4 per cent compared to the previous period’s 2,912,752 stocks. Foreign investors’ participation was strong on CRDB counter contributing about 19 per cent of week’s turnover. The counter moved 3,000,000 shares out of 3,329,321 shares. It closed the week at 290/- per share. NMB counter transacted 25,277 shares at price of 2,440 /- and 2,460/- respectively. The Industrial and Allied segment’s turnover was 82 per cent of the week’s turnover. Volumes decreased compared to the previous week to record 18 per cent of the total market activities. TBL was the most active counter among the Industrial and Allied segments. The counter maintained local support to transact 713,429 shares at price of 6,040/-, 6,100/- and 6,400/- per share. Swissport had 16,250 shares at 2,680/- and TCC traded 15,110 shares at 8,600/- per share.

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Simba may lose Bunju plot

Simba Sports Club risk losing their plot located in Bunju, the outskirts of the Dar es Salaam, if they dilly-dally in developing it. This follows a warning by President Jakaya Kikwete against the evil practice of hoarding large chunks of land without developing them as it retards national development and impoverishes subsistence farmers. The president has ordered the government to repossess the land if the holders fail to offer convincing explanation. Ministry of Land and Human Settlement, Information Officer Rehema Isango confirmed to the ‘Daily News’ yesterday that the Msimbazi Street club owns an area at Bunju which was among 20,000 plots sold to the public by the Kinondoni Municipal Council. “Simba have already settled their bill and now own a plot at Bunju where they plan to construct a stadium. They already have a title deed but I don’t know when construction work will start,” said Isango. She further said that Simba have paid about 90m/- to obtain the land, the amount which was paid in instalments. Simba and their archrivals Young Africans aspire to construct ultra-modern stadiums for their clubs, but it seems there are a lot of setbacks on implementation of their plans. Simba Chairman Ismail Aden Rage, who is also Tabora Urban Member of Parliament (CCM), was once recently quoted as saying that if it had taken the government almost 50 years to construct an ultra-modern stadium, how could a club like Simba do it in a short period, a statement that was interpreted to mean it will take the club a bit longer to erect its stadium. However, two years ago Simba announced to have contracted a Turkish firm, Petroland Alliance Company, to construct an ultra-modern stadium with the capacity to accommodate 60,000 fans that will serve as their home ground.

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Simba confirm Okwi’s appeal

Mainland giants Simba has officially filed a petition to the world’s football governing body (FIFA), against the Tunisian club– Etoile du Sahel for non-payment of striker Emmanuel Okwi’s transfer fee. Emmanuel Okwi Simba Spokesman, Ezekiel Kamwaga confirmed to the ‘Daily News’ that they have already filed an application to FIFA as they states earlier this week their intention of suing the Tunis based club to body’s Player Status Committee for further action . The Tunisian club reached an agreement with Simba that they will pay $300,000 (about 450m/) transfer fee in installment and will wrap up the bill at the end of last month after delaying the payment for a couple of months, but unfortunately they failed to fulfill that obligation. “The agreement was reached after second visit by Simba’s officials in Tunis, where they went to make a follow up of the payment. Our officials reached a deal that du Sahel will pay the money they owe us in installment and they will wrap up the payment on 30 September, but nothing has been paid even after the deadline,” said Kamwaga. Kamwaga said they have followed all the required procedures before sending their claims to FIFA via fax and that the Msimbazi based club is waiting eagerly for the FIFA’s response and in case of any delay, they will go physically to meet with FIFA officials to present their case. However, Kamwaga insisted that the case is well known to FIFA, because it was the same body through its Player Status Committee that had earlier directed the two sides to meet and resolve the standoff. Etoile du Sahel have not paid even a single penny to Simba, that is why the Msimbazi based club had decided to present the matter to FIFA to make sure they get their payment for Okwi’s transfer. Okwi joined Etoile in January from Simba for a reported record $300,000 fee and is reported that the lethal striker has not returned to Tunis since he featured for Uganda Cranes in the 2-1 win over Angola in the 2014 World Cup qualifier in June this year. Du Sahel had threatened to report Okwi to FIFA for failing to return to camp on time from international duty after international action with the Cranes. Okwi had recently told Ugandan media that he wants his contract with Etoile terminated for non-payment and the Tunisian club to pay him $42,500 (60m/-) that the club owes him through unpaid wages and productivity bonus as per the contract signed before he joined the club. Meanwhile Simba who sits top of the Mainland Premier League table, tomorrow will look to extend their league lead when they take on Ruvu Shooting at the National Stadium in Dar es Salaam The match is expected to be a mouthwatering as Ruvu Shooting ,who lost their last game against Simba arch-rival’ s Yanga by 1-0 at the same venue. By BETRAM LENGAMA, Tanzania Daily News

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