Josephine Christopher is a senior business journalist for The Citizen and Mwananchi newspapers
Mwananchi Communications Limitted
Dar es Salaam. The 14 first-tier banks operating in Tanzania collectively posted a record Sh1.47 trillion in net profits in the nine months to September 2024.
This represented a 31 percent increase from the Sh1.12 trillion collective net profit that was recorded during the corresponding period in 2023.
