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Tanzania opens doors for new players into forex business

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Nyakundi Report

Newsroom 1 min read

This archive report was first published on 2 July 2019.

Tanzania opens doors for new players into forex business

Published on July 2, 2019

Tanzania has opened its doors to new players in the foreign exchange business, a move that is expected to increase competition and improve services for customers.

The move is part of the government's efforts to liberalize the sector and attract more players, which will in turn increase competition and improve services for customers.

According to the Bank of Tanzania, the country's central bank, the move is aimed at increasing the number of players in the sector, which will lead to increased competition and better services for customers.

The Bank of Tanzania has also announced that it will be issuing new licenses to new players in the sector, which will allow them to operate in the country.

The move is expected to benefit customers who will have more options to choose from and better services as a result of increased competition.

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