Amendments to Electronic Transactions Act to Curb Money Laundering in Tanzania

TLDR

• The requirement has been introduced through amendments to the Electronic Transactions Act (Cap. 442) and a new ruOrder specifying transactions that must be conducted electronically.
• Speaking in an interview in Dodoma shortly after a training session for government lawyers on amendments introduced under the Finance Act, 2026, the Assistant Director in the Legislative Drafting Division at the Office.
• The new measures officially came into effect on July 1, 2026, and members of the public, businesses and service providers have been urged to adopt the required digital payment systems for all transactions covered by the.
• DODOMA: The government has introduced mandatory digital payments for a wide range of transactions as part of efforts to reduce cash usage and close loopholes for money laundering.
• The use of digital payment methods makes it easier to track transactions, enhances the security of funds and helps close loopholes that can be exploited for money laundering, tax evasion and other financial crimes,” Ms.