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Bank of Tanzania

Tanzania creates first cyber-crime laws

The Bank of Tanzania (BoT) revealed that, in conjunction with government and other stakeholders, it is in the final stages of preparing new legislation against cyber-crimes in the country. To date, Tanzania has no laws governing cyber-crimes. The bank is co-operating with government officials...

Tanzania: cyber crime on the rise as finance sector grows

Tanzania Daily News reports that the growth of the country’s financial sector over the last decade has resulted in a spike in cyber criminal activity.   The report refers to Bank of Tanzania statistics which suggest there are 51 banks and financial...

Tanzania looks to tighten control over mobile money

Tanzania's central bank has announced measures to tighten control over mobile money in the East African country. The new financial services regulations, the Bank of Tanzania said, were aimed "at improving the oversight of mobile payments and the service providers that...
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Latest News

Octa Analyst Shares 4 Tips SA Traders Can Use Against Sophisticated Scams

The Financial Sector Conduct Authority (FSCA) issued an urgent warning about sophisticated scams targeting traders. Fraudsters are now using deepfake...
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