While total bank assets are about 28 per cent of the total GDP, the current contribution of the Tanzanian banks to the economy is about 3.2 per cent of the GDP at the current price, which has been declining over the years.
In our briefing today: Samia reveals the motivation behind the recent government shake-up: Putting government close to the people as the election nears ;Tanzania Foreign Minister wraps up visit to Rwanda, meets President Kagame; Tanzania’s clean energy transition gains momentum as more actors intervene
President Samia shared the rationale behind this reshuffle. She emphasized the importance of responding to the needs of citizens and being closely connected to the people.
During this visit, Makamba met with his Rwandan counterpart, Vincent Biruta in a discussion of a wide array of topics including investment projects, trade, and infrastructure.
Largest banks in Tanzania by assets value (TZS):CRDB- 12.5 Trilion; NMB-12.2 Trilion; NBC-3.6 Trilioni
The CookFund Programme, funded by the EU and implemented by UNCDF and UNIDO, incentivises SMEs to increase end-user affordability and conduct awareness campaigns on using clean sources of cooking energy.
In our briefing today: World Bank warns of high population growth, urges multisectoral approach ;Tanzania banks warned of cybersecurity threats: ‘Robbers don’t come in through the front door anymore’; Work to Develop the Tanzania Universal Identity Number Jamii Namba Has Started
Plans to have a universal identity number for all Tanzanians from birth, are in the offing and expected to be completed by the end of 2025
The Bank of Tanzania circular shows a total of 4.89 billion Tanzanian Shillings were stolen through mobile and internet banking and Sh.741 million losses were incurred through ATM Card skimming
In our briefing today: Tanzania wins against Dubai firm Alchemist at the International Chamber of Commerce ; African opposition leaders unite in support of Burundi’s ‘ousted’ opposition leader, Agathon Rwasa ; Tanzania seeks approval from UNESCO for surface hardening of the Serengeti road; EU Stresses Integrated Approach to Achieve Clean Cooking Energy Transition in Tanzania
The Chanzo Initiative, 2025 © All Rights Reserved