Financial Services

Mobile money subscription in Tanzania has increased by 8.7% from 47.3 million accounts in the second quarter ending June 2023...

Tanzania’s microfinance sector continued to be formalized last year with the Central Bank granting licenses to 1,095 Tier 2 microfinance...

The number of bank agents in Tanzania increased by 51.5 percent to 80,295  in March this year from 53,006 registered...

I&M Bank Tanzania has partnered with Mastercard, a technology leader in the global payment industry, to launch a suite of...

Ride hailing company Uber has entered a one-year partnership deal with telecommunications firm Tigo Tanzania that seeks to roll out...

Equity Group Holdings, the parent company of Equity Bank, is venturing into the general insurance business nine months after starting...

Vodacom Tanzania’s M-Pesa revenue grew by 8.4% to 357.1bn/- during the first quarter this year, the company’s preliminary consolidated financial...

According to the GSMA's annual State of the Industry Report on Mobile Money 2023, mobile money services are growing faster...

Tigo Tanzania, Selcom and Mastercard Inc. have announced a strategic partnership that will see the three industry leaders revolutionize the...

Credit to Tanzania’s private sector sustained strong growth in the fourth quarter last year averaging 22.9 percent compared with 7.8...