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United Republic of Tanzania

Barclays Bank Tanzania Launches UnionPay Acquiring Service

Barclays Bank Tanzania has today officially launched UnionPay International Acquiring service as part of the bank’s effort to offer better convenience to the UnionPay cardholders in the market. The Bank’s Managing Read More →

WorldRemit Sees Huge Growth In Money Transfers To Tanzania

Digital money transfer service WorldRemit  is consolidating its rapid expansion into Tanzania, supporting the growing demand for instant remittances to the country from over 4 million expatriates living abroad. WorldRemit Read More →

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 →
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