DAR ES SALAAM, April 27 -- THE Tanzanian government has stepped up measures to lower the cost of mobile money transactions and expand access to affordable digital financial services across the country.
The Minister for Finance, Khamis Mussa Omar, told this to Parliamentarians in Dodoma on Monday noting that the reforms implemented through the Bank of Tanzania are aimed at reducing transaction charges, strengthening payment systems infrastructure and creating a more enabling regulatory environment.
The minister made the statement when responding to a question from Kinondoni MP, Tarimba Abbas, who sought clarification on why the government has not set indicative price caps for mobile money service charges.
Elaborating, the minister...
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