Regulatory
Tanzania: Court Orders Standard Chartered to Pay 150m/ – Damages to Banker
THE High Court in Dar es Salaam has ordered Standard Chartered Bank and Petromark Africa Limited to pay 150m/- damages to a banker ...
Regulatory
Current Account Deficit Widens – Bank of Tanzania
THE current account deficit widened to 1,414.2 million US dollars from 1,127.0 million US dollars in a similar period last year on account ...
News
Tanzania: LHRC Challenges Mobile Money Levy Law
The Legal and Human Rights Centre (LHRC) has filed a case opposing the new levies on mobile money transactions. In an effort to ...
Regulatory
Tanzania: Pesapal secures TCRA License
Pesapal has received the National Application Service License (AS) from Tanzania Communications Regulatory Authority (TCRA). “The acquisition of this license which is under ...
Innovation
Tanzania: Equity Introduces Money Transfer Platform to Boost Remittance
EQUITY Bank Tanzania has introduced interbank money transfers and SADC SIRESS services to boost cross boarders’ and regional remittance services. The two new ...
News
Tanzania: 18, 000 SIM Cards Blocked in Tanzania
The government has blocked 18,622 subscriber identification module (SIM) phones that were found to have been involved in criminal incidents in the country. ...
Regulatory
Cellulant Gets Approval from Bank of Tanzania to Become a Payment Solution Service Provider (PSSP)
In a bid to expand its Payments Platform, Cellulant Tanzania becomes one of the 5 Payments Solution Service Provider in the Country The ...
News
Tanzania: Government Considering a U-Turn On Mobile Money Transaction Charges
The government may make a u-turn on its newly-introduced mobile money levy after the public unanimously rebuffed the move on the ground that ...
News
Tanzania and Rwanda Agree to Promote Telecommunications Sector
Tanzania and Rwanda have agreed to work together to promote the telecommunications sector, especially Information and Communication Technology, in order to increase productivity ...
Tanzania
Tanzania Lacks Islamic Banking Regulations
The Bank of Tanzania will fasttrack regulations to support Islamic banking in the country. Finance and Planning Minister Mwigulu Nchemba has advised the ...