BoT gold reserves lift assets, economic stability

DAR ES SALAAM, July 17 -- THE Bank of Tanzanias (BoT) gold bullion holdings increased last month, strengthening the central banks balance sheet as higher gold reserves offset declines in cash holdings... Read More

Central bank swaps liquid assets for gold safety buffer

DAR ES SALAAM, June 25 -- THE Bank of Tanzania (BoT) has slightly reduced its most liquid reserves while increasing its gold holdings, signalling a strategic shift in the management of the countrys fo... Read More

Banks urged to deepen inclusion as 78pc remain unbanked

ARUSHA, May 16 -- DESPITE strong growth in the countrys banking industry in recent years, nearly 78 per cent of the population still remains outside the formal banking system. This prompting governme... Read More