Where and how Tanzania's banks are making billions in profits

It’s a stellar 2022 half-year performance for banks operating in Tanzania, with some profit margins already higher than what was recorded the whole year of 2020

By  Josephine Christopher

Josephine Christopher is a senior business journalist for The Citizen and Mwananchi newspapers

Mwananchi Communications Limitted

What you need to know:

  • With the number of people visiting traditional bank branches dropping steadily, banks are raking in billions in fees and commissions

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