Richard Makungwa

Hatua za uwekezaji na hisa DSE: MCB

Soko: Limefungwa DSE (Dar es Salaam)
Soko lina matumaini
Aug 06, 2026, EAT
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Richard Makungwa

Group Managing Director & CEO, Mwalimu Commercial Bank (MCB)

Group Managing Director and CEO of Mwalimu Commercial Bank (MCB), the Dar es Salaam-listed lender serving Tanzania's teachers and civil servants. Has led the bank through a five-year turnaround (total assets from under Sh30bn in 2019 to Sh98bn in 2025) and its 2026 TZS 20.4bn rights issue. Source: The Citizen, 'Majaliwa urges wider public education on share investment' (May 2026).

1 hatua 1 hisa DSE
Tarehe Maelezo Inaweza kuathiri
Jun 20, 2026
MCB Pre-Tax Profit Hits Sh500m in 2025, Beating Sh440m Budget, at 10th AGM
Umiliki Imekwisha Sh500 million pre-tax profit
MCB
Speaking at MCB's 10th Annual General Meeting in Ilemela, CEO Richard Makungwa said the bank recorded a pre-tax profit of Sh500 million in 2025, surpassing the Sh440 million budgeted, with the bank now executing a Five-Year Strategic Plan (2026-2030) focused on digital payments, agricultural financing and SME lending.
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