Tanzania Bank Press

Bank Tanzania Public Notice on Financial Literacy CFE Requirements

The Bank of Tanzania (BOT) has issued a public notice reminding all Certified Financial Educators (CFEs) of their conduct requirements under the national financial literacy programme launched in December 2023. Over 1,388 individuals have been certified since the programme began, but BOT has identified concerns about some CFEs misinforming and misrepresenting the programme's objectives. The notice specifies that CFEs must only deliver principles for which they were trained, use proper branding, and disclose that their certificate does not grant financial institution, broker, consultant, or advisor status. BOT warns it will withdraw certificates from non-compliant CFEs in collaboration with designated academic institutions.

Bank of Tanzania Job Vacancy Announcement, Deadline March 12, 2026

The Bank of Tanzania has published a public notice announcing multiple employment vacancies for suitably qualified Tanzanian citizens. Applications must be submitted through the Government Recruitment Portal at portal.ajira.go.tz. The Deputy Governor for Administration and Internal Control, Dr. Rahma S. Mahfoudh, signed the notice on March 12, 2026, with applications closing on the same date.

MPC Holds Central Bank Rate at 5.75 Percent, Narrows Corridor

The Monetary Policy Committee held its 242nd meeting on April 2, 2026, and maintained the Central Bank Rate at 5.75 percent for the second quarter of 2026, reflecting a cautious stance amid unprecedented geopolitical tensions in the Middle East. The MPC decided to narrow the CBR corridor from 200 to 150 basis points, effective April 2026, with the 7-day interbank rate target band set at 4.25-7.25 percent. Domestic GDP growth in Q1 2026 is estimated at 6.2 percent in Mainland Tanzania and 6.7 percent in Zanzibar, while inflation remains low at 3.3 percent and 4.5 percent respectively.