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 ...

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 ...

A recent Standard Bank (Stanbic) study revealed that Tanzania stands apart from other African countries, where cash payments still dominate and mobile money adoption lags. Mobile money wallets are ...

Mobile Money agents in Tanzania are overwhelmingly profitable, with 49% earning at least $ 100 (Kshs 8,690) per month in profits, compared to only 40% in Uganda. This is according to the Agent Network ...

MOBILE money accounts increased by 116 per cent and transactions by 68 per cent between 2021 and 2025, as Tanzania consolidates policies that foster financial inclusion, according to reports.The ...

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 ...

Airtel Mobile Money Extends Trusted, Mobile-First Payments with Instant Confirmations to Enhance Secure and Seamless Transactions for Players in Emerging Markets Xsolla, a global video game commerce ...