CEO Roundtable of Tanzania Tribute to The Late H.E. Rtd. President Benjamin William Mkapa

Mr. Sanjay Rughani, Chairman of the CEO Roundtable, who is also Deputy Chairman of the Tanzania Bankers Association, pointed out that the banking sector developed exponentially during President Mkapa ‘s tenure, with more than half of the current 50 banks incorporated at that time. “The liberalization of the banking sector has not only contributed to the diversification of local banks, but has also resulted in the opening of many international and regional banks in Tanzania. It was also during the same time that the First Generation Financial Sector Reforms (1991-2003) were improved, creating a favorable macroeconomic climate mainly due to the thorough implementation of the reforms of the financial sector that were implemented during the tenure of H.E. President Mkapa, “said Mr. Rughani.

CEO Roundtable of Tanzania Tribute to The Late H.E. Rtd. President Benjamin William Mkapa

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