As of March 2025, Tanzania reached 90.4 million mobile subscriptions, marking a significant growth of 76.5% from 51.2 million in 2020. In the most recent quarter alone (Jan–Mar 2025), subscriptions...
Momentum for Growth Amid Stability Tanzania enters 2025/2026 with strong economic momentum, driven by projected GDP growth of 6.1% in 2025 and 6.4% in 2026, marking steady progress from 5.9%...
In the year ending February 2025, Tanzania’s external sector showed remarkable improvement, with the current account deficit narrowing to USD 2.81 billion from USD 4.43 billion in the previous year....
In February 2025, Tanzania’s financial markets showed robust activity, with the government securities market attracting TZS 2.05 trillion in bids—well above the TZS 1.16 trillion accepted—indicating strong investor confidence, especially...
Over the past five years (2020–2024), Tanzania’s ATM infrastructure expanded by 48.7%, increasing from 1,462 ATMs in 2020 to 2,174 ATMs in 2024. This growth supported a rise in ATM...
Rising Transaction Values and Growing USD Dependence From 2020 to 2024, Tanzania’s payment system saw significant shifts in transaction patterns. TISS transactions in Tanzania Shillings (TZS) grew in value by...
Mobile banking in Tanzania has experienced significant fluctuations over the past five years. The number of subscribers dropped by 17.77% in 2021 but rebounded strongly in 2022 with a 64.30%...
Tanzania’s financial transactions landscape is undergoing a significant digital transformation, with Electronic Fund Transfers (EFT) surging by 44.7% in volume from 14.57 million in 2020 to 21.08 million in 2024,...
Tanzania's merchant ecosystem has experienced remarkable growth, with the number of registered merchants rising from 33,037 in 2020 to over 1.3 million in 2024. This rapid expansion has driven a...
Strong Investor Confidence Amid Tightening Liquidity Tanzania’s financial markets showed strong investor interest in government securities, stable foreign exchange rates, but rising interbank lending rates in January 2025. The 25-year...
