The International Air Transport Association (IATA) announced that the 2019 Global Airport & Passenger Symposium (GAPS) will focus on the theme of building capacity for the future. “More people want to fly. And the needs and expectations of travelers—new and old—are constantly evolving. Keeping pace with these demands is a challenge for the aviation industry. We are…
IATA’s Director General and CEO, Alexandre de Juniac urged the International Air Transport Association (IATA) aviation stakeholders to continue to be guided by the spirit of the 1944 Convention on International Civil Aviation, known as the Chicago Convention, in responding to the challenges facing aviation today and in the future. Transcript of his speech: Good…
Outlined are the key changes in the Foreign Exchange (Bureau De Change) Regulations, which came into force on 7 June 2019 and revoked the 2015 Foreign Exchange (Bureau De Change) Regulations. All bureaux de change licensed by the Bank of Tanzania (BOT) to operate in Tanzania Mainland and Zanzibar will be required to comply with…
Earlier this year, the Bank of Tanzania (the BOT) issued a statement regarding its plans to unveil a new instant payment system formally known as the Tanzania Instant Payment System (TIPS). TIPS will be a shared platform for payments, as it will allow transactions made by card, over mobile banking, electronic money schemes and internet banking…
Robert Mugabe, the former president of Zimbabwe has died. He was ninety-five and had been ill for some time and died in a hospital in Singapore. He was one of the most controversial head of state, President of Zimbabwe from 1987 to 2017. In 2013, he hosted the UNWTO General Assembly together with Zambia and opened the…
In summary the Circular requires that all banks and financial institutions in Tanzania do the following: put in place a primary or secondary data centre within seven working days from the date of issuance of the circular re-confirm the location of the data centres, compliance status and prepare for the centres to be tested within…