Financial experts have expressed mixed reactions to Tanzania’s accelerated push towards a cash-lite economy, following the government’s decision to make digital payments mandatory across key...
By
Rosemary Mirondo
Business Reporter
Mwananchi Communications Ltd
Dar es Salaam. Financial experts have expressed mixed reactions to Tanzania’s accelerated push towards a cash-lite economy, following the government’s decision to make digital payments mandatory across key sectors from July 2026.
Tanzania will require digital payments in key sectors of the economy from July 2026 as part of a government drive to reduce cash…
The number of merchants accepting digital payments increased to 2.79 million, up from 1.33 million in 2024
Finance Minister Khamis Mussa Omar has called for accelerated digital customs reforms and stronger regional cooperation as…
Growing internet access, wider smartphone usage and the rapid expansion of mobile money services are reshaping financial access…
Tanzanian businesses risk undermining their growth ambitions if they focus solely on increasing sales while neglecting payments,…
Uganda will introduce new cash withdrawal limits and cheque restrictions from 2027 as digital payments exceed $100 billion and…
