United Republic of Tanzania

Tanzania Mulls Operating Bank Payments System on Saturdays

Tanzania is considering operating its bank payments system on Saturdays, allowing customers to transfer money around, with traders remaining confident that the move would not affect banks’ trading positions. The opening Read More →

Airtel Money Raises Daily Transaction Limit to Sh3 Million

Airtel Tanzania has raised its daily limit of its money service to Sh3 Million to enable customers transact larger amounts of money. Announcing the new transaction limits in Dar es Salaam, the Read More →

Banking Sector Contributes Little to the Economy – BoT

The banking sector contributes little to the economy despite its improved stability, continued growth and dominance in the financial system, the Governor of the Central Bank of Tanzania, Prof Benno Read More →

KPMG – Akiba Commercial Bank Ranked Best for Customer Focus

Akiba Commercial Bank has been ranked as the best customer-focused bank in Tanzania mainly on convenience, pricing and commendable customer care factors. Customer care and pricing factors were seen as being Read More →

Oilcom Goes M-Pesa

Vodacom Tanzania has entered into a partnership with Oilcom in a deal that will see vehicle owners and motorists fuel their vehicles and pay through M-Pesa. This is the first partnership Read More →

Tanzania’s Bank M Migrates to Cloud

Tanzania’s Bank M has completed cloud migration, seeking to enhance customer experience and security through Google Apps, BlackBerry and Outlook interoperability.

Jacqueline Woiso, deputy chief executive officer (CEO) at Bank Read More →

M-Pesa Partners with TRA in Road License Payment Deal

Vehicle owners in Tanzania are now set to pay for their car’s road licenses through M-Pesa following a partnership between Vodacom Tanzania and Tanzania Revenue Authority (TRA) to make use Read More →

NMB awarded Best Bank in Tanzania by Euromoney

National Microfinance Bank PLC (NMB) has been named "the Best Bank in Tanzania for 2013" by pre-eminent international finance magazine Euromoney. The awards were presented at the 2013 Euro money Read More →
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