Households in Tanzania have shown an increase in moving away from reliance on salaries alone to service loans, with business income emerging as the leading supplementary source of debt repayment,...
By
Gadiosa Lamtey
Business Reporter
Mwananchi Communications Ltd
Dar es Salaam. Households in Tanzania have shown an increase in moving away from reliance on salaries alone to service loans, with business income emerging as the leading supplementary source of debt repayment, a new Bank of Tanzania (BoT) survey shows.
Growing internet access, wider smartphone usage and the rapid expansion of mobile money services are reshaping financial access…
The rapid expansion of agent banking services across Tanzania is increasingly positioning bank agents as one of the most…
Technology-driven financing solutions are transforming how Tanzanians acquire essential assets, with growing numbers of people…
In the previous article, I argued that Tanzania’s debt debate cannot be understood simply by looking at debt-to-GDP ratios alone.
Stanbic Bank Tanzania has secured a Sh70 billion facility to expand lending to small and medium-sized enterprises (SMEs),…
The government has hailed the continued growth and resilience of Tanzania’s financial sector, while calling on banks and…
