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    Tanzania

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    Why the Bank of Tanzania Sold Some of its Gold

    Why the Bank of Tanzania Sold Some of its Gold

    Tanzania’s central bank has defended its decision to sell part of its 19.6-tonne gold reserve, saying the move is part of routine reserve management. Governor Emmanuel Tutuba stated that the sale aims to rebalance reserve assets and support foreign exchange liquidity, with current reserves still covering about five months of imports.
    Chelsy
    Chelsy Maina
    6 days ago
    SGR Push to Malaba Marks New Phase in East Africa's Rail Race

    SGR Push to Malaba Marks New Phase in East Africa's Rail Race

    Brian
    Brian Nzomo
    12 days ago
    Tanzania Drives Kenya Electricity Exports to Record Highs

    Tanzania Drives Kenya Electricity Exports to Record Highs

    Kenya’s electricity exports hit record highs in the final quarter of 2025, marking a structural shift in regional power trade after years of limited cross-border sales. Total exports rose from 26.13 GWh in October to 52.11 GWh in December, the highest on record. The surge was driven by rapidly rising shipments to Tanzania following the full operational ramp-up of the 400 kV Isinya–Singida interconnector, with Tanzania accounting for more than 96% of December volumes.
    Harry
    Harry Njuguna
    19 days ago
    How Regulatory Overreach Forced Uber Out of Tanzania

    How Regulatory Overreach Forced Uber Out of Tanzania

    At the center of Uber’s departure lies a prolonged standoff with Tanzania’s Land Transport Regulatory Authority (LATRA), whose rules have steadily narrowed the operating space for digital mobility platforms. 
    Brian
    Brian Nzomo
    a month ago
    I&M Group Lifts Stake In Tanzania Unit To 95.5% As Minority Shareholders Exit

    I&M Group Lifts Stake In Tanzania Unit To 95.5% As Minority Shareholders Exit

    I&M Group PLC has raised its ownership in I&M Bank (T) Limited to 95.5% after acquiring shares previously held by PROPARCO and Microfinance East Africa Ltd. The stake increase from 84.9% follows receipt of all corporate and regulatory approvals and consolidates the group’s control of its Tanzanian unit, according to a board notice dated January 13, 2026.
    Harry
    Harry Njuguna
    2 months ago
    Tanzania’s Internet Blackout Has Cost Over US $238 Million - Paradigm Initiative

    Tanzania’s Internet Blackout Has Cost Over US $238 Million - Paradigm Initiative

    The Paradigm Initiative (PIN) has raised concern over Tanzania’s recent election-period internet blackout and ongoing reports of bandwidth throttling in parts of the country
    The Kenyan
    The Kenyan Wall Street
    4 months ago
    Tanzania’s Trader Ban Triggers Regional Tensions as EAC Presses for Policy Reversal

    Tanzania’s Trader Ban Triggers Regional Tensions as EAC Presses for Policy Reversal

    The East African Community (EAC) is facing renewed internal tensions following Tanzania’s decision to bar foreign nationals from participating in several business sectors, a move regional leaders warn could undermine [...]
    Fred
    Fred Obura
    7 months ago
    Tanzania Bars Foreigners From Small Businesses in Economic Nationalism Push

    Tanzania Bars Foreigners From Small Businesses in Economic Nationalism Push

    Tanzania has imposed sweeping restrictions on foreign participation in small-scale commerce, banning non-citizens from operating in 15 business sectors ranging from retail trade and mobile money to parcel delivery and [...]
    Brian
    Brian Nzomo
    7 months ago
    StanChart, British Investor Launch US$100Mn Trade Finance Facility for Kenyan, Tanzanian Firms

    StanChart, British Investor Launch US$100Mn Trade Finance Facility for Kenyan, Tanzanian Firms

    The Standard Chartered Bank and British International Investment (BII), a UK development finance institution, have signed a US$100 million trade finance agreement aimed at expanding access to capital for businesses [...]
    Brian
    Brian Nzomo
    8 months ago
    Zanzibar Partners with Tether to Advance Blockchain Education and Financial Innovation

    Zanzibar Partners with Tether to Advance Blockchain Education and Financial Innovation

    Zanzibar has taken a formal step toward blockchain integration and digital asset education through a new partnership with Tether, a leading issuer of digital stablecoins, as the two parties signed [...]
    Brian
    Brian Nzomo
    8 months ago
    NCBA Tanzania's Profits Fall 22.5%, Assets and Loans Grow in Q1

    NCBA Tanzania's Profits Fall 22.5%, Assets and Loans Grow in Q1

    NCBA Bank Tanzania has posted a net profit of TZS 2.6 billion for the quarter ended 31 March 2025, a 22.5% decline from TZS 3.35 billion reported in the same [...]
    Harry
    Harry Njuguna
    10 months ago
    Kenyan Firms Face Currency Conversion Risks After Tanzania Tightens Forex Rules

    Kenyan Firms Face Currency Conversion Risks After Tanzania Tightens Forex Rules

    Kenyan companies with operations in Tanzania now face rising currency risks following a ban on the use of foreign currencies for domestic payments as the government aims to increase demand [...]
    Harry
    Harry Njuguna
    a year ago

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