Tanzania’s central bank has scraped card payments fees and warns merchants against adding extra charges on these transactions. The country’s apex bank and regulator said transactions from debit and credit cards at various point of sales (POS) terminals are free of charge. “One of the key measures taken is ensuring that payments made using debit,…...
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Bank of Tanzania scraps card transactions fees
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
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Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
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