-
Tanzania defends 107.7tri/- debt as a global economic challenge
04 Jul 2025 13:46 GMT
DAR ES SALAAM: TANZANIA’s national debt has increased … by the depreciation of the Tanzanian shilling against the US dollar. In … . As a result of this currency shift, the value of the …
-
How Kenyan shilling is performing against Tanzanian shilling, other EAC...
29 Jun 2025 17:54 GMT
… shilling strengthened marginally against the Tanzanian shilling during the period under review … currency strengthened marginally against the Tanzanian shilling (TSh), rising from TSh 20 …
-
COLUMN: THE CLIFF. Bank of Tanzania: An 88.8pc CBR hold
01 Jul 2025 11:21 GMT
… at prevailing rates. The Tanzanian shilling did experience mild depreciation … hold are significant for Tanzania’s financial system. For … on external views of Tanzania’s inflation framework, … still positive, which supports currency value and market participation …
-
Kenya’s forex reserves hit an all-time high
01 Jul 2025 12:42 GMT
… reserve boost, Kenya’s forex cushion now represents 5. … frequently in- tervened in the currency markets, offload- ing dollars … term pressure on the Kenyan shilling and help rebuild inves- … worth about $430m. Overall, Tanzania registered a positive net remittance …
-
Tanzania leads Africa’s mineral agenda as Bunge ends
27 Jun 2025 07:50 GMT
… GGR. This initiative supports shilling stability, guarantees a … This strategy will enhance currency stability and shield the … promoting local gold refining, Tanzania transitions from an extractive … buyer trust, boosts Tanzania’s export competitiveness and …
-
Tanzanian shilling strengthens to become world’s top-performing currency
12 Jun 2025 08:26 GMT
… the Tanzanian shilling is … the retail FX market turnover has … 𝐟𝐚𝐜𝐭𝐨𝐫𝐬 𝐚𝐫𝐞 𝐛𝐞𝐡𝐢𝐧𝐝 𝐭𝐡𝐢𝐬 𝐢𝐦𝐩𝐫𝐞𝐬𝐬𝐢𝐯𝐞 𝐩𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐬𝐡𝐢𝐥𝐥𝐢𝐧𝐠?
A. Tanzania's strong macroeconomic fundamentals … to an excess of foreign currency.
𝐐. 𝐆𝐨𝐢𝐧𝐠 𝐟𝐨𝐫𝐰𝐚𝐫𝐝, 𝐰𝐡𝐚𝐭 𝐢𝐬 𝐭𝐡𝐞 𝐨𝐮𝐭𝐥𝐨𝐨𝐤 𝐟𝐨𝐫 …
-
Stakeholders fault Tanzania for cutting tourism budget
19 Jun 2025 12:45 GMT
…
The Tourism Confederation of Tanzania (TCT) expressed its … Tanzania $3.9 billion in 2024, becoming the highest forex … the TCT statement said.
Tanzania lowered its budget from … Tanzania, tourists should use Tanzanian shilling to pay for services.
Read: Tanzania …
-
Samia Suluhu claims Tanzania’s economy outperforms US, Europe: "Doing very well"
17 Jun 2025 16:37 GMT
… East African economies, including Tanzania's, are … Tanzanian shilling has rebounded from being Africa's worst-performing currency … In other news, the Tanzanian shilling (TZS) has swung … 39;s worst-performing currency in 2025.
Tanzanian authorities …
-
Africa’s top perfomer: Shilling regains its mojo
17 Jun 2025 12:47 GMT
THE Tanzanian Shilling has emerged as … tourism and transport sectors.
Tanzania, a prominent gold producer … Strong agricultural and transport exports Tanzania’s cash crop exports, … aimed to stabilise the currency. Tanzania’s overall macroeconomic fundamentals …
-
Tanzania bans use of foreign currency in local transactions
05 May 2025 12:56 GMT
… reinforcing the use of the Tanzanian shilling.
In a statement issued … Tutuba, the Bank of Tanzania (BoT) said the directive … demand payment in any foreign currency for local transactions.
However, … be conducted in foreign currency, as specified under the …