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Tanzania warns dealers suspected of hiding US dollars


The Bank of Tanzania (BoT) has issued a strong warning to currency dealers suspected of hoarding US dollars to manipulate the black market amid the ongoing currency crisis.

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Tanzania banks on T-bonds to end shortage of dollars


Bonds will complement government efforts to lengthen the maturity profile of domestic debt, central bank says in report.

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Tanzania borrows money because it has ability to pay, says Finance Minister


He stated that the country borrows funds for the implementation of various strategic projects because it has the ability to pay.

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EA central banks take divergent interest rate decisions


Kenya and Malawi are the latest countries to surprise the markets with policy tightening, with price inflation and currency weakness remaining concerns in both countries.

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Tanzania bars foreigners from microfinance outfits


The East African Common Market Protocol provides for the movement of persons, travel documents and the free movement of workers in the region.

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Tanzania central bank sets new policy rate at 5.5pc


This is the first benchmark interest rate after switching to monetary policy direction.

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KCB leapfrogs 5 lenders to claim second spot in Tanzania mortgage market


The outstanding mortgage book of KCB Bank Tanzania Limited jumped 2.9 times to $23.9 million.

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What has changed as Tanzania adopts new monetary policy


The Bank of Tanzania (BoT) on Wednesday announced the adoption of a new monetary policy from this month to maintain price stability and support sustainable economic growth

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IMF proposes 3 steps to address Tanzania's forex woes


The International Monetary Fund (IMF) has proposed three measures to help address pressures in Tanzania’s foreign exchange market

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State must enforce austerity to stay afloat

Kenya Kwanza must at least show a commitment to frugality and prioritising taxpayer money for essential services.

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