×
App Icon
The Standard e-Paper
Fearless, Trusted News
★★★★ - on Play Store
Download App

Tanzania to follow Kenya’s footsteps, adopt interest rate cap

Tanzania President John Pombe Magufuli. [Photo: Courtesy]

Tanzania will follow Kenya’s footsteps and adopt an interest rate cap after witnessing the success of the law in Kenya.

This is according to the Bank of Tanzania (BoT), the country’s central bank.

Get Full Access for Ksh299/Week.
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in