Tanzanian Shillings Stories

Tanzania cuts tourism licensing fees to boost local investment and conservation efforts
Bashir Mbuthia  |  May 21, 2025

Tourism Minister Pindi Chana announced additional measures, such as waiving park entry fees for licensed tour guides, adding that all payments will no...

Tanzania bans use of foreign currencies for local transactions
Maureen Kinyanjui  |  May 03, 2025

In addition to the general ban on foreign currency transactions, the regulations also place restrictions on contracts that were signed in foreign curr...

Tanzania orders all transactions in local currency to curtail US dollar supremacy
Alfred Onyango  |  Jun 17, 2024

According to Finance Minister Mwigulu Nchemba, the move aims to curb the widespread use of dollars within the country to address the economy's critica...

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