What policy reforms will keep inflation within the target band for the next 12 months?
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Interviews & Viewpoints | Benno Ndulu, Former Governor, Bank of Tanzania (BoT): Interview from The Report: Tanzania 2018
Interviews & Viewpoints | Ineke Bussemaker, CEO and Managing Director, NMB Bank: Interview from The Report: Tanzania 2018
How are commercial lenders working with the central bank to increase private sector credit?
Articles & Analysis | Tech solutions drive change in financial services from The Report: Tanzania 2018
Once reserved for ambitious start-ups and industry-leading tech operators, financial technology (fintech) has more recently caught the attention of major private sector firms and government planners alike, becoming a regular feature in budget speeches and strategic development plans. As fintech progressively plays a larger part in the lives of...
Articles & Analysis | Stability indicators cushion Tanzanian banks from The Report: Tanzania 2018
Tanzania has a well-developed and diverse financial services sector, with large domestic and multinational lenders present, and a rate of financial inclusion that exceeds that of most other large economies in Africa. However, in line with major markets elsewhere on the continent, just five bodies account for roughly half of total assets. The...
Articles & Analysis | Banking authorities expand financial inclusion in Tanzania from The Report: Tanzania 2018
For the government, boosting the proportion of the population with access to financial services is a strategic priority. According to a 2016 IMF report, financial inclusion rose by 42 percentage points to 58% of the population between 2009 and 2013 – a surge which the IMF attributes almost entirely to new distribution channels, such as mobile...
Articles & Analysis | The Central Bank of Tanzania takes a direct approach amid tightening liquidity from The Report: Tanzania 2018
The government’s process of economic reform is having far-reaching effects on various entries on banks’ balance sheets. Many reform measures, such as the more rigorous implementation of the tax code, are being felt indirectly by the banking sector in the form of rising non-performing loans and slower loan growth. However, a recent decision...