Dar es Salaam. President Dr Samia Suluhu Hassan is expected to inaugurate the newly established Cooperative Bank (CoopBankTanzania), marking a major milestone in efforts to revitalise grassroots financial institutions that
Dar es Salaam. The Bank of Tanzania (BoT) has intervened in the Interbank Foreign Exchange Market (IFEM) by selling $25 million through an auction, as part of its efforts to
Dar es Salaam. CRDB Bank has introduced the Jinasue loan facility as part of its strategy to enhance financial inclusion by providing access to credit for all its customers in
Dar es Salaam. CRDB Bank has signed a fresh agreement with PROPARCO, the French development finance institution, for a €48 million (Sh129 billion) facility to fund small and medium-sized enterprises
Dar es Salaam. The Bank of Tanzania (BoT) has refuted claims in a recent media report suggesting that the Tanzanian Shilling is the world’s worst-performing currency. The article, published on
Dar es Salaam. The Zanzibar government has expanded efforts to attract investors to its Sukuk bond by promoting it in the Tanzanian mainland. The debt instrument aims to raise funds
Dar es Salaam. The Bank of Tanzania (BoT) has intervened in the Interbank Foreign Exchange Market (IFEM) by auctioning $30 million, a move aimed at stabilising the exchange rate and
Dar es Salaam. Investors are showing low appetite for short-term Treasury securities, with the latest auction by the Bank of Tanzania (BoT) receiving zero subscriptions for both the 91-day and
Dar es Salaam. The oversubscription of the Samia Infrastructure bond, which raised over Sh300 billion against a target of Sh150 billion, highlights growing investor confidence in Tanzania’s financial markets. This
Dar es Salaam. Investors’ appetite for government securities surged last week as the Bank of Tanzania (BoT) successfully auctioned a 15-year Treasury bond, which saw an oversubscription rate of 186.1