Innovation
Tanzania Announces Own Central Bank Digital Currency (CBDC) amid Plans to issue Crypto Regulations
Tanzania’s central bank has announced intentions to launch its central bank digital currency (CBDC) amid the global rise and the increasing adoption of ...
News
Tanzania Bankers Association Moves to Lower Interest Rates
Tanzania Bankers Association (TBA) has said some banks after a thorough simulation will start lowering lending interest in near future. TBA Charman Abdulmajid ...
News
Tanzania: UBA Committed to Support Tanzania Economy – Tony Elumelu
The United Bank for Africa (UBA) has reaffirmed its commitment to support Tanzania in its endeavour to build robust economic growth. The UBA ...
Innovation
Tanzania: Mwinyi sees more Financial Inclusion as CRDB Launches Islamic Banking
Tanzanians now have a new option in fulfilling their banking needs in a manner that aligns with Muslims’ religious beliefs – thanks to ...
News
Tanzania: Access to Credit Still a Challenge, Says Mwigulu Nchemba
The Finance and Planning minister, Mwigulu Nchemba, has said that regardless of the major development made in the banking sector for the past ...
News
Tanzania: Bank of Tanzania caps tenure of bank CEOs at 10 years
Long-serving bank chief executives and board members in Tanzania will soon exit their positions after the central bank capped their their tenure at ...
Tanzania
Tanzania: Barclays Bank Ordered to Pay Tanzania Roads Agency Sh5.5 Billion
The High Court (Commercial Division) has ordered Barclays Bank PLC to pay the Tanzania National Roads Agency (Tanroads) Sh 5.5 billion over alleged ...
Regulatory
Tanzania: Vodacom Tanzania ordered to pay Revenue Authority Sh3 Billion
The Court of Appeal said Vodacom Tanzania must pay the Tanzania Revenue Authority (TRA) Sh3 billion withholding tax on purchase of a computer ...
News
Tanzania: BoT Commends Exim Bank for Bancassurance Product
TANZANIA Insurance Regulatory Authority (TIRA) and the Central Bank of Tanzania (BOT) have commended Exim Bank Tanzania Limited for its new bancassurance product ...
News
Tanzania: Insurance Sector Set for Reforms As New Policy Is in Offing
Tanzanian new national insurance policy may be ready next year, a move which is expected to bring reforms in the sector to enable ...