Samia challenges banks to make growth work for ordinary Tanzanians
President of the United Republic of Tanzania, Samia Suluhu Hassan, pictured with the Minister for Finance, Ambassador Khamis Mussa Omar, and the Governor of the Bank of Tanzania, Mr Emmanuel Tutuba, during the Bank of Tanzania’s 60th Anniversary celebrations held at the Julius Nyerere International Convention Centre (JNICC) in Dar es Salaam on 12 June 2026.
Josephine Christopher is a senior business journalist for The Citizen and Mwananchi newspapers
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Dar es Salaam. President Samia Suluhu Hassan has challenged Tanzania’s financial sector to move beyond celebrating macroeconomic achievements and ensure economic growth translates into tangible improvements in the lives of ordinary citizens, particularly through affordable credit and broader access to financial services.
Speaking during the launch of celebrations marking 60 years of the Bank of Tanzania (BoT) on Thursday, President Hassan said indicators such as economic growth, financial inclusion and banking sector expansion would mean little if they fail to improve livelihoods, expand opportunities and support small businesses.
