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 ...

Tanzania's mining regulator has ordered all mining firms and traders exporting gold to allocate at least 20% of the commodity for sale to the central bank to bolster the bank's move to diversify ...

By Ashoka Mukpo The World Bank has cancelled a $150 million project to boost tourism to Tanzania’s Ruaha National Park, ...

Stanbic Bank Tanzania, one of the country’s leading commercial banks and a member of the Standard Bank Group of South Africa, ...

“The World Bank is deeply concerned about the allegations of abuse and injustice related to the Resilient Natural Resources Management for Tourism and Growth (Regrow) project in Tanzania ...

After a COVID-related dip, the Bank of Tanzania reported that tourism revenues leapt to $3 billion in 2021 from more than 1.6 million visitors, most of them from the U.S. and Europe.

Access Bank Tanzania has officially completed the acquisition of the consumer, private, and business banking division of ...

Bank of Tanzania to Ease Money Supply Growth to Tame Prices Food, energy, fertilizer prices pose upward risk to inflation Price growth has remained within the 3%-5% target range ...

The African Development Bank ( ) and the Bank of Africa Tanzania (BOAT) have signed a $7.5 million trade finance transaction guarante Tuesday, 02 January 2024 12:17 GMT عربي ...

DAR ES SALAAM, May 3 (Xinhua) -- Tanzania's central bank said in a statement late Friday that it has prohibited the use of foreign currency for local transactions and payments.

Days after the Bank of Tanzania (BoT) published new regulations to tighten controls on foreign exchange dealings that were informed by shortages of the dollar, the bank is warning foreign currency ...