News
Tanzania: Govt Tightens Screws On Forex Trade
The Tanzanian government has imposed new measures, including having a capital of about 1bn /- for a businessman who wants to run a ...
Innovation
Tanzania: Tigo Pesa partners BoA to Launch ‘Kibubu’
TIGO Pesa and the Bank of Africa (BoA) have launched a mobile money savings product dubbed as Tigo Pesa ‘Kibubu’ that enables their ...
Regulatory
Tanzania: Mobile Transactions – State Slashes Levy By 30%
The Tanzanian government yesterday announced a 30 per cent reduction of mobile money transactions levies in response to public outcry over the new ...
News
Tanzania: Mobile Phone Levies – Govt Collects 48bn/
The Tanzanian government has fetched 48.4bn/- from the mobile money transaction charges introduced mid last month with 37bn/- disbursed for the construction of ...
News
Tanzania: Mobile Transactions Levy to Fetch 5Tr/ – in Five Years
Tanzania’s Speaker of the National Assembly Job Ndugai has said the government will collect 5tri/- to finance social services in the next five ...
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 ...