The Bank of Tanzania (BoT) has introduced regulations that prohibit the employment of non-Tanzanians in the country’s microfinance service sector, in a development likely to undermine the spirit of regional integration as the economy battles an unemployment crisis estimated at more than 8.9 percent.

For more information, please see https://www.theeastafrican.co.ke/tea/business/tanzania-bars-foreigners-from-microfinance-outfits-4512608