Tanzania, June 15 -- Dar es Salaam. Tanzanian businesses risk undermining their growth ambitions if they focus solely on increasing sales while neglecting payments, cash flow management and foreign exchange risks, experts have warned.

Speaking in an interview with The Citizen recently, Stanbic Bank Tanzania Head of Corporate and Investment Banking, Ms Ester Lobore, said strong financial systems have become just as important as revenue growth.

This, she said, is particularly, as businesses embrace digital transactions and engage more with regional and global markets.

"Growth must be supported by strong financial systems," Ms Lobore said.

"A business should not only focus on sales. It must also manage payments, collections, cash flow, c...