NBC Donates 2 Million to the Tanzania Cotton Board
The National Bank of Commerce (NBC) today handed out a cash donation of 2 million to the Tanzania Cotton Board (TCB) in recognition to the contribution of cotton to the Tanzanian economy.Presenting the cheque to the management of Tanzania Cotton Board, NBC's Marketing Manager William Kallaghe said that the bank appreciates the boards input in promotion, production and marketing of cotton.

National Bank of Commerce
"We thank NBC for remembering us considering we have been helping cotton farmers before independence and it is through donations like this that make us continue to offer better services to the farmers and the industry stakeholders at large" said Dr. Kimbisa.
The Tanzania Cotton Board can be traced from 1952 when the Tanganyika Lint and seed Board was formed by the British Colonial Administration with the aim of marketing the cotton from Tanganyika. An act of parliament that was passed in 2001 gave birth to the current Tanzania Cotton Board whose main mandate is to promote and regulate the quality, marketing and export of cotton in Tanzania.
The Tanzania Cotton Board is also involved in the monitoring of production, processing and marketing of cotton, promote good farming methods and increased production of cotton through farmers' education, and stimulate research and agricultural extension services and advice the government on all matters affecting the cotton industry.







