Payments in dollars banned by The Central Bank of Tanzania
The Central Bank of Tanzania has issued a directive ordering businesses to cease conducting transactions in US dollars and mandating that all prices be quoted in Tanzanian Shillings.
Central Bank of Tanzania
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Unlicensed lending firms & individuals warned by the Central Bank of Tanzania
The Central Bank of Tanzania (BoT) has issued a stern warning to unlicensed financial institutions, companies, and individuals engaged in lending activities, emphasizing that strict measures will be taken against those who violate laws, regulations, and guidelines. In a statement released by the lender of last resort, it was highlighted that violators of financial regulations…