Why forgery, counterfeiting are leading financial crimes in Tanzania
According to the 2024 Crime and Traffic Incidents Statistics report, authorities recorded 693 forgery cases out of a total 924 financial crimes reported during the year. PHOTO | FILE
Josephine Christopher is a senior business journalist for The Citizen and Mwananchi newspapers
Mwananchi Communications Limitted
Dar es Salaam. Forgery has become the most dominant financial crime in Tanzania, accounting for over 75 percent of all recorded financial offences in 2024, raising fresh concerns about the integrity of the country’s financial, digital and regulatory systems.
According to the 2024 Crime and Traffic Incidents Statistics report released by the National Bureau of Statistics (NBS), authorities recorded 693 forgery cases out of a total 924 financial crimes reported during the year. This included a 32.4 percent surge in the counterfeiting of banknotes, with cases rising from 105 in 2023 to 139 in 2024.
