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United Republic of Tanzania

Banks, Mobile Money Agents Drive Up Financial Inclusion in Tanzania

Commercial banks and mobile money agents are key drivers in expanding and promoting financial services and inclusion, particularly in the rural areas, which are financially underserved. The increase and improvement of mobile Read More →

Equity Bank Spreads its Wings to Zanzibar

This brings to fourteen the total number of branches spread across Tanzania. The new branch will act as a gateway to tap into the vast investment opportunities found in the Read More →

National Microfinance Bank in Tanzania to Support Telkoms Money Agents

National Microfinance Bank (NMB) has partnered with Airtel and Tigo to support availability of cash and e-money for the telecoms agents to run their business smoothly. The partnership seeks to help Tigo Read More →

First National Bank Tanzania Sets to Go for Point of Sale

The First National Bank Tanzania (FNB) has launched a point of sales (POS) in Dar es Salaam as a move to enhance proper use of bank cards. According to the statement released Read More →

National Microfinance Bank Touts Digital Banking

National Microfinance Bank (NMB) has said an efficient use of digital banking will facilitate easy access to banking services for all Tanzanians and increase financial inclusion. The NMB’s Managing Director Ms Ineke Read More →

Court Orders Bank of Tanzania Governor to Explain Payment of 92bn/-

The High Court has ordered the Governor of the Bank of Tanzania (BoT) and Statutory Manager with FBME Bank Limited to give accounts how the decree for payments of over 92bn/-given Read More →

Digital Payments Could Boost Tax Revenue by US$500 Million and Drive Economic Modernization in Tanzania

A new study  from the United Nations-based Better Than Cash Alliance provides findings about the large potential gains for governments, businesses and citizens when digitizing payments.

Many emerging economies Read More →

Stanbic Bank in Dar Es Salaam Introduces SMEs Centre

Stanbic Bank has launched a new centre which offers full range of banking services to SME’s to provide more convenient services to entrepreneurs. The new centre dubbed Enterprise Direct,comes up with a Read More →

Exim Bank Tanzania Launches Master, Visa Cards to Ease Tourism Transactions

Tourist visiting national parks do not need to walk with cash for making payment as now they could do so electronically. This comes following launching of Exim Bank’s Master and VISA cards Read More →

Standard Chartered Bank Looking to Boost Investments in Africa

Standard Chartered Bank has announced plans to step up investment and leverage its unique footprint and international banking expertise to drive growth in Africa. Through a new brand campaign, ‘Here for Read More →
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