Can Credit Scoring Unlock Financial Growth in Sub-Saharan Africa?
In developed economies, the individual credit score is the core enabler of consumer and small business finance. This score…
From 39% to 6%: The Fall of Tanzania’s Interest Rates Explained
Tanzania’s money markets have tumbled and show no sign of recovering soon, leaving us to wonder what is happening…
Can Internal Auditing Save Companies from Scandals? How It Protects Companies from Risk and Misconduct?
According to the Institute of Internal Auditors’ (IIA) International Professional Practices Framework (IPPF), “Internal auditing is an independent, objective…
Think Twice Before You Click: How ‘Pig Butchering’ Lures Victims into a Trap
Modern slavery is here, and many are not aware of it. It comes subtly promising a better tomorrow, but…
New Tax Tribunal Ruling: What It Means for Tanzanian Businesses
WHEN TO PAY WITHHOLDING TAX IS NOW CEMENTED: The Tax Revenue Appeals Tribunal (TRAT) rules that Withholding Tax is due…
Did You Know Withholding Tax Isn’t a Cost but a Benefit?
Withholding Tax is the amount of money a taxpayer withholds from gross payments for relevant services/goods to his/her supplier.…
The 1% Frontier: Tackling Africa’s Payment Puzzle – Unbuilt and Undeterred
What is one percent built? Benjamin Fernandes likes to quip that “payment in Africa is one percent built” It…
Turning Currency Constraints into Opportunities: Lessons from Nigeria for Local Input Substitution
Can Foreign Currency Crunch be a Blessing in Disguise? Conventional wisdom guides us to believe that the lack of…
Bank of Tanzania’s Game-Changing Policy Shift: A New Dawn for Economic Stability
As announced on the 3rd of January 2024, the Bank of Tanzania’s plan has moved from its traditional policy framework…
Financial Predators: A Tale of Financial Struggles in Tanzania
Yesterday, as I boarded our usual local “DalaDala”, an unexpected conversation unfolded with a woman whose appearance suggested a…
