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From Local Mines to Sovereign Reserves: What BoT’s Gold Strategy Means for Tanzania
BANKING & FINANCE

From Local Mines to Sovereign Reserves: What BoT’s Gold Strategy Means for Tanzania

The central implication is that Tanzania’s gold is moving higher up the financial chain. It is mov...

Aug 6 9 min
What Is the Economic Implication of an Increase in Foreign Currency Exchange Shops in Tanzania?
BANKING & FINANCE

What Is the Economic Implication of an Increase in Foreign Currency Exchange Shops in Tanzania?

The economic implication is not just more shops on the street. It is a more formal retail foreign ex...

Aug 5 8 min
NMB Made TZS 760 Billion. CRDB Made TZS 729 Billion. Tanzania's Two Largest Banks Both Posted Records in 2025. Here Is What the Numbers Behind the Numbers Actually Tell You.
BANKING & FINANCE

NMB Made TZS 760 Billion. CRDB Made TZS 729 Billion. Tanzania's Two Largest Banks Both Posted Records in 2025. Here Is What the Numbers Behind the Numbers Actually Tell You.

NMB Bank and CRDB Group both achieved record profitability in 2025 with near-identical absolute prof...

Jun 8 19 min
Axian's Acquisition of Letshego's African Book Is a Declaration That Telecoms Have Decided to Become Banks
BANKING & FINANCE

Axian's Acquisition of Letshego's African Book Is a Declaration That Telecoms Have Decided to Become Banks

Telecom companies in East Africa are not expanding into financial services from the outside; they ar...

Apr 30 12 min
CRDB’s Dubai Move: How a Tanzanian Bank Is Rewiring East Africa’s Access to Global Capital
BANKING & FINANCE

CRDB’s Dubai Move: How a Tanzanian Bank Is Rewiring East Africa’s Access to Global Capital

CRDB Bank has opened a representative office in Dubai, becoming the first East African bank to enter...

Jan 25 4 min
What are the Features That the Best Bank Should Have in  Tanzania?
BANKING & FINANCE

What are the Features That the Best Bank Should Have in Tanzania?

The best banks in Tanzania are committed to financial inclusion, making their services accessible to...

Aug 22 4 min
How Kausha Damu Loans Affect Tanzanian Citizens and the Economy
BANKING & FINANCE

How Kausha Damu Loans Affect Tanzanian Citizens and the Economy

Tanzanians prefer these Kausha Damu loans because of their easy process to secure. But,Kausha Damu a...

Aug 21 4 min
With SelcomPesa, You Can Now Send Money to 50 Countries Across Africa, Asia, Europe and North America
BANKING & FINANCE

With SelcomPesa, You Can Now Send Money to 50 Countries Across Africa, Asia, Europe and North America

Tanzanians can now send money through SelcomPesa to at least 50 international destinations across Af...

Nov 6 14 min
Tanzania Lost TZS 3.08 Billion to Digital Financial Crime in Six Months as Fraud Cases Rose 46%
BANKING & FINANCE

Tanzania Lost TZS 3.08 Billion to Digital Financial Crime in Six Months as Fraud Cases Rose 46%

Tanzania recorded 2,281 financial transaction crime cases and more than TZS 3.08 billion in losses d...

Oct 30 10 min
Nearly Half of Tanzanian Businesses Say Access to Finance Is Their Biggest Obstacle
BANKING & FINANCE

Nearly Half of Tanzanian Businesses Say Access to Finance Is Their Biggest Obstacle

Access to finance is the most frequently reported obstacle facing Tanzanian businesses, cited by 48 ...

Oct 30 11 min
Binance Hit by $6.3 Billion Hack in Largest Crypto Theft on Record
BANKING & FINANCE

Binance Hit by $6.3 Billion Hack in Largest Crypto Theft on Record

Binance has suffered an estimated $6.3 billion security breach, potentially the largest cryptocurren...

Oct 30 9 min
CRDB Profit Hits TZS 672 Billion as Loans Surge 44% and Borrowing Rises
BANKING & FINANCE

CRDB Profit Hits TZS 672 Billion as Loans Surge 44% and Borrowing Rises

CRDB Bank Group’s profit after tax rose 29.1 percent to TZS 672.1 billion in the nine months to Se...

Oct 29 7 min
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