Call for Support for Small Businesses in Digital Transition
Latest Tanzania finance news · Call for Support for Small Businesses in Digital Transi… explained · updated Aug 4, 2026 · economy news · GDP · investment
TLDR
- More than 21 million passengers purchased bus tickets electronically between June last year and March this year, reflecting growing public acceptance of digital payment platforms.
- According to the Bank of Tanzania’s National Payment Systems Annual Report 2025, the number of merchants accepting digital payments more than doubled to 2.79 million last year from 1.33 million in 2024, underlining the.
- The Electronic Transactions (Mandatory Electronic Payments for Specified Transactions) Order, 2026 requires businesses and institutions in designated sectors to adopt approved electronic payment systems.
- Existing operators have been given a six-month transition period before full compliance becomes mandatory in January next year.
- Digital transaction records will also help many small businesses establish financial histories, making it easier to access bank credit, insurance and other financial services.” He added that the reforms must be.