Saturday Oct 25, 2014
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Bank of Tanzania
BoT e-system to clear cheques within hours
Starting early next year, commercial banks will be empowered to submit cheque lists at the Bank of Tanzania twice a day, allowing them to pay clients within hours.   The announcement was made by Senior Legal Counsel in the Directorate of National Payment System, George Ben.
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Mixed reactions to proposed Constitution referendum date
There are mixed reactions to President Jakaya Kikwete’s announcement of the referendum for the proposed Constitution to be held in April next year, with concerns over contradicting and confusing statements by the country’s top officials.   Supporting the announcement,.
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