Tanzania News

Surge in demand for experienced African bankers


International banks keen to expand their presence in Africa, like Standard Chartered and Barclays, are competing with South African banks for African candidates who combine knowledge of the continent’s markets with years of experience on Wall Street or in the City.

Tanzania’s banks expanding and seeking to recruit


The International Monetary Fund has just upgraded its forecasts of growth in Tanzania’s economy, the second largest in East Africa, to 7.2% for 2012, up from 6% this year, while Standard Bank’s analysts are more optimistic and calculate GDP will rise by 7.6%.