Tanzania's central bank lowered its benchmark interest rate by 25 basis points to 5.75% on Thursday, saying it expected inflation to remain stable below its medium-term target.

In a significant move set to bolster the nation's financial resilience and refine its monetary policy operations, the Bank of ...

Getty Images. Bank of Tanzania says only four out of 20 formal licence applications had been approved. Bob Karashani, The East African. November ... Bank of Tanzania. PHOTO. The Bank of Tanzania (BoT) ...