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    • Tanzanian Shilling (TZS)

Tanzanian Shilling (TZS) Newsletter
  • Tanzania mandates shilling for local contracts 04 Apr 2025 13:55 GMT

    Dar es Salaam. Companies with ongoing contracts involving foreign currency transactions are now required to amend their agreements and switch to Tanzanian shillings within one year, following the issuance of new regulations by the government. This …

  • More pain at the pump as weaker shilling sends fuel prices soaring 02 Apr 2025 10:41 GMT

    Tanzania are bracing for higher fuel costs as a depreciating Tanzanian Shilling … drives up pump prices. The local currency … For instance, the Tanzanian Shilling, which closed 2024 at … in value of the Tanzania Shilling against the Dollar. …

  • Bank of Tanzania intervenes in forex market to stabilise shilling 01 Apr 2025 15:18 GMT

    … the stability of the Tanzanian Shilling. This move underscores the … statement, the Bank of Tanzania sold $25 million … and businesses exchange local currency to acquire these products … thus stabilising the local currency. Additionally, Prof Kinyondo pointed …

  • BoT clarifies Tanzanian Shilling performance 24 Mar 2025 21:54 GMT

    … the Tanzanian Shilling, clarifying that while the currency depreciated … intervention. “Despite currency fluctuations, Tanzania’s macroeconomic indicators … intervening only minimally. Tanzania’s macroeconomic indicators … fluctuations in the Shilling are within …

  • Tanzania miners ordered to sell at least 20% of their gold to the central bank 28 Mar 2025 12:46 GMT

    … by pressures on the Tanzanian shilling. In the 12 months … bolster reserves. The Tanzania Mining Commission requires miners … reserves, Tanzania is seeking to stabilise its currency, which … foreign exchange earnings. Tanzania is also strengthening its …

  • Tanzania hits Kenya with eggs, sausage, milk taxes 28 Mar 2025 12:00 GMT

    … by population. “(Tanzania imposed) discriminative taxes … shilling has strengthened against regional currencies, including Tanzania’ … strengthening of the shilling against major international … the most used currency in international currency, meaning earnings …

  • World’s worst currency status haunts Tanzanian shilling as debt and imports soar 19 Mar 2025 11:14 GMT

    Tanzania’s economy might be booming, but its currency is taking a hit … time before the local currency benefits. The Tanzanian shilling has dropped 8.9% … the already struggling Tanzanian shilling. Rising imports and debt burden Tanzania's …

  • World’s Worst Currency Faces More Pain as Tanzanian Imports Boom 19 Mar 2025 06:45 GMT

    … local currency benefits. Most Read from Bloomberg The shilling has … liquidity constraints, which Tanzania often experiences at the … results and strengthen the shilling,” Smit-Lengton said. … start operating next year. Tanzania already produces natural gas …

  • Tanzania Used Cars Market: 6.42% CAGR Growth to 2034 | Toyota Tanzania, Classic Motors Tanzania, AA Tanzania, Asco Motor 13 Mar 2025 05:08 GMT

    … factors such as inflation, currency exchange rates, and import … market. Fluctuations in the Tanzanian Shilling against major currencies can … and vehicle inspection. AutoTrader Tanzania: AutoTrader is a trusted … /reports/tanzania-used-car-market-27996 …

  • Why shilling is losing ground to US dollar after brief rally 06 Mar 2025 21:24 GMT

    Dar es Salaam. The Tanzanian shilling, which had gained against … The Bank of Tanzania (BoT) quoted the shilling as trading at … tightening the flow of foreign currency,” he said. Independent financial … , the supply of foreign currency is constrained. The global …

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