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The National Microfinance Bank of Tanzania helps Bail out the Tanzania Electric Supply Company (Tanesco) with a USD 56million Loan
The National Microfinance Bank of Tanzania has joined a syndicate of local banks and pension funds to lend USD 238million to Tanesco, the parastatal electricity company, wholly owned by the Tanzanian government, money which will be used to pay off debts to suppliers and invest in new equipment. The National Microfinance Bank was founded in 1997, and is the third most profitable bank in Tanzania, holding USD 430million in deposits and assets. The loan to Tanesco supports NMB’s business interests, as well as those of its customers, as it organises collection services for the electricity firm via its network. Currently the Tanzanian government owns 51% of the bank, having sold off the remainder of its stake in 2005. The loan syndicate involved in the bail out includes five banks and four pension funds all from Tanzania.

Proper Regulation Is Crucial to Ensure Welfare Gains
The effects of privatisation on living conditions of the population, and, in particular, on improved access and quality, are mixed and depend on the regulatory framework in place and the capacity of the state to co-operate with the private sector. In particular, the impact of privatisation policies on the welfare of the population and ultimately on the poor requires:

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Has Privatisation Benefited the Poor?
Privatisation is often considered detrimental to the poor because it entails the elimination of subsidies and therefore the increase in prices of products and services needed by the poor, such as water, electricity and public transportation.

The National Microfinance Bank of Tanzania helps Bail out the Tanzania Electric Supply Company (Tanesco) with a USD 56million Loan
The National Microfinance Bank of Tanzania has joined a syndicate of local banks and pension funds to lend USD 238million to Tanesco, the parastatal electricity company, wholly owned by the Tanzanian government, money which will be used to pay off debts to suppliers and invest in new equipment. The National Microfinance Bank was founded in 1997, and is the third most profitable bank in Tanzania, holding USD 430million in deposits and assets. The loan to Tanesco supports NMB’s business interests, as well as those of its customers, as it organises collection services for the electricity firm via its network. Currently the Tanzanian government owns 51% of the bank, having sold off the remainder of its stake in 2005. The loan syndicate involved in the bail out includes five banks and four pension funds all from Tanzania.

Silicon Valley to make Greener Computers
A coalition of technology companies and environmental groups recently launched an initiative to conserve electricity and curb global warming emissions by making the world's computers and servers more energy-efficient.

Environmental Impacts of Burning Coal
Burning coal is the most polluting method for producing electricity. What are the environmental impacts of this process?

Electricity Saving Device (ERD’s)
Electricity Saving Devices are responsible for thousands of Companies saving money on their utility bills. The ERD (power factor correction) can save customers as much as 15% on their electric bill every month without sacrificing normal energy consumption and the comforts it provides

Rural Broadband In America
Rural Americans spend most of the first thirty years of the 20th century in the dark. By the early 1930’s only ten percent of the rural population enjoyed the benefits of electricity compared to over 70% of their urban counterparts. Most of the electricity available to farmers was provided by cooperatives – groups of residents who laid the line, set up and maintained the systems as public utilities had little desire to spend what was necessary to serve so few. With the Rural Electrification Act of 1936 (7 U.S.C. 901-950b) rural electric development took off. Most of the loans the Act made available were given to these local cooperatives. Today, electric cooperatives own and maintain almost half of all distribution lines in the country.

Save up to 15% on your Electricity Bills
Electricity Reduction Device (ERD’s)

The winter is going to be tough for people in the United Kingdom
This winter is going to be tough for people in the United Kingdom, food prices up, gas prices up, electricity prices up, house prices down and prospect of loosing your job make the whole situation very depressing.

Making Electric Heat Cheap!
A look inside the growing demand for electricity

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