The 48th DITF starts today; 26 Countries confirmed their Participation

Mainland Group Agro Process Tanzania Invests USD 28 Million in Sunflower Oil Production

Tanzania Receives Global Recognition for Digitalization Efforts

IMF Identifies Key Areas to Ease Forex Pressure in Tanzania

AfDB Partners with Graca Machel Trust to Empower Women Entrepreneurs in Tanzania

The African Development Bank Group (AfDB), through its Affirmative Finance Action for Women in Africa (AFAWA) initiative, has joined...

Bank of Tanzania (BoT) Collaborates with OR-TAMISEMI to Improve Microfinance Sector

The Bank of Tanzania (BoT) is partnering with the President's Office, Regional Administration and Local Government (OR-TAMISEMI) to...

NBC Bank Launches ‘Mfugaji Account’ for Livestock Sector Stakeholders

NBC Bank has introduced the ‘Mfugaji Account,’ a new financial service tailored specifically for the livestock sector. This...

Bank of Tanzania Trains Dodoma Leaders and Facilitators on Currency Handling and Investment

The Bank of Tanzania has conducted special training on the proper handling of banknotes and coins, as well as investment in government...

Ecobank Tanzania Offers 12% Interest Rate Loan to Civil Servants

Ecobank Tanzania has introduced a 12% interest rate loan specifically for civil servants, enabling them to access affordable credit....

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NMB Expands International Market by Listing on London Stock Exchange

In a groundbreaking move, NMB Bank has widened its participation in international capital markets by listing the NMB Community Bonds on...

Tanzania Red Cross Society Introduces E-Membership Cards with Insurance and Banking Features

In a move to modernize its membership system and enhance support for its members, the Tanzania Red Cross Society (TRCS) unveiled new...

BoT Collaborates with Commercial Banks to Address Compliance and Regulatory Issues

In a proactive move to ensure adherence to regulatory standards and enhance transparency in financial operations, the Bank of Tanzania...

Central Bank Rate Increased to 6%

The Monetary Policy Committee (MPC) convened on April 3rd, 2024, announcing an adjustment in the central bank rate (CBR) from 5.5 percent...

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National Cooperative Bank Formation Gains Traction with 85.5% Share Sale Achievement

Efforts to establish the National Cooperative Bank (NCB) are gaining momentum, with approximately 85.5% of its shares already sold,...

CRDB Bank Declares Record-High Dividend of TZS 50 per Share

CRDB Bank, Tanzania's largest bank by balance sheet, has declared its highest-ever dividend of TZS 50 per share following a standout...

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Private Sector Dominates Tanzania's Financial Sector

In a significant revelation, Bank of Tanzania (BoT) Governor, Emmanuel Tutuba, disclosed that a staggering 70 percent of the financial...

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Banking

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