Tanzania''s 2025/26 Budget: What It Means for Fintechs

BY CALVIN MUSHI As the Tanzanian government unveils its 2025/26 budget, one thing is clear: digitization and revenue mobilization are at the heart of the new fiscal direction. For the

Tanzania Budget Execution Analysis

Tanzania Budget Execution Analysis: A Decade of Data A comprehensive, data-driven assessment of Tanzania''s recurrent versus development spending performance across

Rwanda and Tanzania working to connect their national payment

Rwanda and Tanzania have commenced bi-lateral discussions on technical modalities to link their national retail payment systems switches. The move marks a crucial step toward enabling

TANZANIA: UmojaSwitch, UBX open new chapter of their business

October 8, 2021 marked the beginning of a new ownership for UBX Tanzania Limited (formerly Business Connexion Tanzania Limited - BCX) when UmojaSwitch Company Limited, which owns a shared

BUDGET SPEECH 2025-2026 | MoF

BUDGET SPEECH 2025-2026 | Ministry of Finance Tanzania | Wizara ya Fedha Tanzania

TANZANIA NATIONAL BUDGET BRIEF

Synopsis of Tanzania National Budget On Thursday, 12 June 2025, the Honorable Minister of Finance presented Tanzania''s Government budget and Tax reforms for the fiscal year

UNITED REPUBLIC OF TANZANIA MINISTRY OF AGRICULTURE TANZANIA

Budgeting and Approval: SACCOS should have approved budget and letter of approval to acquire a Core SACCOS System from the Registrar Office (TCDC). Procurement and Procedures: SACCOS

THE UNITED REPUBLIC OF TANZANIA

4.0 LIKELY BUDGET OUT TURN TO JUNE 2024 The Bank of Tanzania (BoT) will continue to implement its reserve money program targeting framework with a view to keeping core inflation at

Tanzania''s biggest bank overhauls core banking

CRDB Bank, Tanzania''s biggest bank by assets, has completed a migration of its core banking system from Fusion Banking Essence (FBE).

EAC pilots regional instant payment network in Rwanda and Tanzania

Rwanda and Tanzania have commenced bi-lateral discussions on technical modalities to link their national retail payment systems switches.

Tanzania 2025/2026 Budget Brief

Budget Overview for The Fiscal Year 2025/26 The proposed National Development plan for the fiscal year 2025/26 is guided by the National Vision for Development 2025 that aims at enabling Tanzania

Bank of Tanzania develops own Integrated Core Banking System.

The Bank of Tanzania has become the first central bank in Africa to develop its own Integrated Core Banking System in-house, a move that will make the country''s financial system more

Budget Proposal Final Doc Revised 2

The upcoming year''s targets include a GDP growth to 5.4%, maintaining single-digit inflation, increasing domestic and tax revenue, and keeping a budget deficit under 3.0% of GDP.

Rwanda and Tanzania to pilot EAC''s low-cost payment system

Rwanda and Tanzania have been picked to pilot the roll out of national retail payment system switches, that is poised to cut costs across the EAC.

Economic Report 2025 Tanzania

GDP growth increase to 5.9%. The budget prioritizes public investment in infrastructure projects, including for the completion of the ongoing flagship projects like the Julius Nyerere dam, the

Financial Technology in Tanzania: Assessment of Growth Drivers

Abstract This paper provides an in-depth insight of existing fintech environment in Tanzania, focusing on growth-driving and retarding factors and bringing up opportunities for scaling up fintech solutions to a

Tanzania Budget 2024/25

Key highlights and tax changes of Tanzania''s national budget for the fiscal year 2024/25 that was presented in parliament on June 14, 2024.

TANZANIA NATIONAL BUDGET BRIEF

TRA have been set with a budget to collect TShs 34 Trillion which is an increase of 14% from the current year likely collections. A significant emphasis is to increase VAT, Import and Income

Tanzania''s Parliament Approves TZS 57.04Trn FY2025/26 Budget

With Parliament''s approval, the Tanzanian government is now set to implement this ambitious budget, reinforcing its commitment to self-sufficiency, sustainable development, and macroeconomic stability.

Tanzania 2024/25 Budget Brief

The Minister of Finance tabled to the parliament during the budget speech that the EAC Pre-Budget Consultative Meeting of the Ministers for Finance which was held on 17th May 2024 in Arusha

Tanzania Allocates USD 89M ICT Budget for 2026/27 Targeting Rural

Tanzania''s Ministry of Communications and Information Technology has tabled a TZS 222.6 billion (USD 89 million) budget for 2026/27, with 94.1% allocated to development projects

Tanzania Allocates USD 89M ICT Budget for 2026/27 Targeting Rural

Tanzania ICT budget 2026/27 set at TZS 222.6B (USD 89M) with 94% for digital infrastructure, USD 2M startup fund, and 5G expansion.

Tanzania 2025/2026 Budget Brief

While the budget speech does not provide full clarity on the implementation of the proposal, we believe that the Finance Bill once issued, will provide such clarity.

Tanzania''s Budget 2025/26: This will be the first Vision

The budget looking at Vision 2050 must seek to broaden the tax base by making tax inclusive, particularly if it can be aided by technology. The

Rwanda, Tanzania Discuss Integration of Payment Systems for Real

The integration of Tanzania''s TIPS and Rwanda''s RSWITCH forms the core of a strategic Proof of Concept pilot. This pilot is designed to demonstrate the technical and operational feasibility of a