Following the recent declaration that both nations will start trading in their own indigenous currencies, they talked about the ramifications of the Rupee Nostro Account System. The debate emphasized ...

The Bank of Tanzania (BoT) has banned the use of foreign currency within its borders. In a statement dated May 2, the BoT said it made the regulations in accordance with the provisions of Section 26 ...

The Kenyan shilling remains king in the East African Community (EAC) region, dwarfing the Tanzanian and other currencies In the last week, the local currency remained stable against the United States ...

DAR ES SALAAM, April 3 (Reuters) - Tanzania's energy regulator raised maximum retail prices of petrol and diesel effectively from March 1, citing higher international costs for both crude and refined ...