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Rwanda records 39pc rise in new bank borrowers

Tanzania warns dealers suspected of hiding US dollars

The Bank of Tanzania (BoT) has issued a strong warning to currency dealers suspected of hoarding US dollars to manipulate the black market amid the ongoing currency crisis.

Tanzania banks on T-bonds to end shortage of dollars

Tanzania borrows money because it has ability to pay, says Finance Minister

He stated that the country borrows funds for the implementation of various strategic projects because it has the ability to pay.

BoT on the spot for dollar exchange rate mix-up

The disparity between the official exchange rate and what the market dictates calls for a review of the foreign exchange rate setting system.

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