BoT bets on competition to lower mobile money cost

DODOMA: THE government relies on competition—not price controls—to bring down the cost of mobile money, even as transaction fees remain a concern for users. Minister for Finance Ambassador Khamis Mussa Omar told the National Assembly yesterday that the Bank of Tanzania (BoT) has licensed 113 payment service providers as of March 2026, to boost competition … The post BoT bets on competition to lower mobile money cost first appeared on Daily News . The post BoT bets on competition to lower mobile money cost appeared first on Daily News .

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