NMB Bank Plc was on Friday evening named the overall Employer of the year during a gala dinner organized by the Association of Tanzania Employers (ATE) in Dar es Salaam.
The bank apart from winning the coveted Employer of the Year Award also bagged the award for the Best Large Organisation and Best Private sector award bringing the total number of awards won by the bank to 21 so far this year.
Speaking shortly after receiving the awards, the NMB Bank Chief Human Resources Officer Emmanuel Akonaay said being named the number one Top Employer in Tanzania a cements the bank’s position as a Top Employer of Choice in the market.
”We are excited that we have been awarded the overall Top Employer accolade after winning numerous awards this year. Our vision is to be a leading company, helping to create a brighter future for all Tanzanians. As part of our business strategy, we invest significantly in creating an inclusive culture where our employees feel valued and engaged,” Akonaay said.

Akonaay said his bank places people at the heart of it strategy and gives emphasis is on the development of leaders as part of its strategy to enhance human capital development across the country.
“We are humbled that amongst equally competent contenders we emerged as the Top Employer. Our aim is to continue raising the bar and remain by far the best employer in Tanzania. Having achieved this recognition, we are grateful to be celebrating such prestigious awards made possible by our dedicated management and committed employees,” Akonaay said.
He added that being named a Top Employer differentiates NMB bank’s position to attract and retain the best talent.
“We have world class facilities that demonstrate the investment that the company is making towards its people. This promotes engagement amongst employees and further shows leadership’s commitment to diversity and inclusivity,” he added.
Earlier the minister of State in the Prime Minister’s Office (Labour, Youth, Employment and Persons with Disability), Prof Joyce Ndalichako hinted that the Government is committed to enhance private sector employees welfare having passed the minimum wage for private sector employees that will be effective January 1, 2023.
“The minimum wage for the private sector has been review and will be effective January 1, 2023. We have engaged the private sector effectively and it’s my belief that all the private sector employers will comply accordingly,” she said.
The Vice President Philip Mpango who officiated as the Chief Guest during the event urged employers to adhere to the country’s labour laws adding that his office has been receiving complaints from employees over mistreatment from employers.
“My office has received several complaints from employees. I take this chance to remind employers to act in accordance with the Tanzanian labour laws. Justice delayed is justice denied,” he emphasized.
Mpango during the event urged multi-national companies operating in the country to stick to the country’s local content regulations by giving priority to Tanzanians during the employment process adding that foreign employees should only engaged in rare cases when skills are not readily available in the country.