Tanzania’s central bank imposed a raft of restrictions on foreign-currency dealings to curb a shortage of dollars and safeguard the stability of the financial system. Measures include the banning of ...

Xsolla, a global video game commerce company that helps developers launch, grow, and monetize their games, today announced the expansion of Airtel Mobile Money as a local payment method to include ...

The Bank of Tanzania says all goods and services must now be priced and paid for using Tanzanian shillings. The directive was announced under Section 26 of the Bank of Tanzania Act, 2006. “It is an ...

SUB-Saharan Africa (SSA) stands as the undeniable epicentre of the global mobile money industry. While traditional banking ...

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 ...

A recent Standard Bank (Stanbic) study revealed that Tanzania stands apart from other African countries, where cash payments still dominate and mobile money adoption lags. Mobile money wallets are ...

The Kenyan and Ugandan shillings as well as Nigeria's naira are expected to fall against the dollar in the next week, according to traders, while the Tanzanian currency is seen stable. NAIROBI, Aug 18 ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. This launch will allow the African diaspora across Europe, the ...

DAR ES SALAAM, Sept 11 (Reuters) - Tigo, a unit of emerging markets telecom group Millicom Cellular International, has started a mobile money service that pays interest on balances, tapping into an ...