The move by the Central Bank to regulate companies providing mobile financial services in the country starting next month have been welcomed with open arms by different stakeholders.
A rice wholesaler in Sinza, Mr Godfrey Mangi, said that the move by the Bank of Tanzania (BoT) to start regulating these providers will be a big boost to users.
Mr Mangi said that mobile finance services have created numerous opportunities and that with opportunities come people who want to make a quick buck without using proper channels.
For more on this story visit the following link: The Move By the Central Bank to Regulate Mobile Services Lauded
Source: payments afrika