EXIM Bank Tanzania has continued to widen its reach to customers in Tanzania by opening a new branch on Lumumba Street in Dar es Salaam, a move that aims at extending its reach. The Ushirika branch adds up to the firm’s network which continue to spread across the country. Speaking during an inauguration ceremony, the
Mahindra Comviva, the global leader in providing mobility solutions, announced that it has enabled the world’s first domestic interoperable mobile financial service between Airtel Money and Tigo Pesa in Tanzania. The service allows customers to send and receive money directly between the mobile money accounts of these two service providers. The new service made the
Regional banking solutions provider, Equity Bank Group’s Tanzania subsidiary, has sealed a partnership with the Tanzania Revenue Authority (TRA) allowing tax payers in Tanzania to pay all their taxes through its network. The new tax settlement avenue will be available for all TRA clients including non- Equity Bank account holders. By fostering such a partnership,
WorldRemit the online money transfer service announces that its customers can now send remittances to Zantel EzyPesa accounts in Tanzania. The addition of EzyPesa means that WorldRemit now offers transfers to two of Tanzania’s four Mobile Money services. Customers can also send money to friends and family using Tigo Pesa. Tanzania is one of nine
Stanbic Bank has been named the best investment bank in Tanzania by EMEA Finance, a prestigious magazine, for the year 2014, while its parent company Standard Bank has been named leading investment bank in Africa for the seventh consecutive year. “We are delighted to have retained the award for the best Investment Bank in Tanzania,
eTranzact International’s PocketMoni has been nominated for AfricaCom and Lead Africa Awards 2014. The nominations are in the Best Mobile Money Service category. A statement by Ayo Oladimeji, Head of PocketMoni at eTranzact said in addition to expecting more awards, the company is also looking forward to achieving more greatness with its mobile money services.
The use of mobile phone money services has proved to be efficient means in speeding up financial inclusion, a senior official with the Bank of Tanzania (BoT) has said. BoT Senior Legal Counsel Mr George Ben Sije said in an interview in Bagamoyo last week that the partnership between financial institutions and telecom companies has
The Parliamentary Public Accounts Committee (PAC) has directed the Police Force to ensure that all collections, including road fines are made electronically to help check all loopholes of dishonesty and increase government revenue. PAC Deputy Chairman Deo Filikunjombe issued the directive on Thursday when the committee met senior police officials at the Parliament’s Sub-Head Office
Customers of First National Bank (FNB) can now enjoy unrivalled premier services at its banking suite at Peninsula branch in Dar es Salaam. FNB’s Chief Executive Officer, Mr Dave Aitken, said in the city on Wednesday during the launch of the service that through the centre, premier customers will be provided with a dedicated Relationship
Tanzania has reportedly lost six million US dollars (over 10bn/-) so far through cyber-related fraud crimes, that involve mostly card skimming and Automated Teller Machine (ATM) thefts. Speaking at the fourth International Commission on Science and Technology for Sustainable Development in the South (COMSATS) conference in Dar es Salaam, the Permanent Secretary (PS) in the
