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TANZANIA: A REVIEW OF BANKING SUB-SECTOR: A profusion of banks, paucity in the performance stakes
Friday, 29 January 2010 08:02 | 
Low bank deposit rates has caused potential savers to shy away from the finance institutions, and high borrowing rates and stringent conditions leave many would-be bank borrowers literally as beggars. (Picture by Charles Lukas)
MNAKU MBANI
BANKING is one of the very few fast-growing industries in Tanzania, relatively speaking. The country is today home to 28 (High Street) commercial banks and 17 community banks a mere 15 years after the Government embarked in earnest on a privatisation programme.
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- Govt snubs proposal to bail out horticulture industry
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- AS DSE PREPARES TO TAKE ON-BOARD NEW CEO... Shares trading improves with dawn of dividends season
- Global economic recovery fragile - World Bank
- Broadband internet connection market hots up
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