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Bank of Tanzania moves to keep banks’ operating costs down

The Bank of Tanzania (BoT) has moved to ensure that the banking industry strictly adheres to regulations on operating costs and nonperforming loans (NPLs) in a decision expected to benefit...

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Bank of Tanzania is upbeat on 2020 growth statistics

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The Bank of Tanzania (BoT) has exuded confidence that economic growth targets will be realised even as Covid-19 effects posed challenges across...

What shilling’s stability in the past year means to you

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Tanzanians can rest assured that prices of essential imported goods will remain stable, thanks to the stability of the local currency.

Mobile cash transactions ‘hit Sh18tr’

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Some Sh18 trillion is transacted on mobile money platforms in Tanzania every month, a Cabinet minister said at the weekend.

Covid-19 robs Tanzania airports of Sh40 billion in revenue

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Airports’ domestic revenues will drop by 40 percent in the 2020/21 financial year compared to the preceding year due to the Covid-19 pandemic...

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Tigo revamps its e-wallet payment arrangement

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