PUBLIC debate around Tanzania’s intention to sell part of its gold reserves has been shaped less by balance-sheet analysis ...

Over 200 countries can send and receive money via Vodacom’s Tanzania M-Pesa; The mobile Money services continues to drive economic growth and financial inclusion in Africa. Tanzania’s leading mobile ...

Following the recent declaration that both nations will start trading in their own indigenous currencies, they talked about the ramifications of the Rupee Nostro Account System. The debate emphasized ...

Libya's Dinar declines 16.39% YTD against the US Dollar, followed by Ghana's Cedi and Tanzania's Shilling as Africa's worst ...

The Bank of Tanzania (BoT) has banned the use of foreign currency within its borders. In a statement dated May 2, the BoT said it made the regulations in accordance with the provisions of Section 26 ...

The Bank of Tanzania has embarked on a new venture to enhance the nation's foreign exchange reserves by procuring gold using the Tanzanian shilling. This initiative, announced on Sep. 25, aims to ...

DAR ES SALAAM, Sept 11 (Reuters) - Tigo, a unit of emerging markets telecom group Millicom Cellular International, has started a mobile money service that pays interest on balances, tapping into an ...

Millicom’s agreement with Vodacom to allow users of their respective mobile money services in Tanzania transmit funds to each other is part of an ongoing trend to allow interoperability among services ...