Tag: lawrence mafuru

Is Tanzania over-banked?

Tanzania’s banking sector has over 50 banks in operation, making competition stiff. Since 2015, some of them have been closed while others are forced to merge. Lawrence Mafuru, Managing Partner of Bankable Tanzania joins CNBC Africa for more.

Business reacts to Tanzania’s 2019 budget

Last year Tanzania passed a $14.2 billion budget with the theme, “To build an industrial economy that will stimulate employment and sustainable social welfare.” This year, the recently tabled budget is to the tune of $14.3 billion, CNBC Africa spoke to Lawrence Mafuru, Managing Partner at Bankable Tanzania for more.

Tanzanian budget expectations for 2019/2020

East African countries Rwanda, Uganda, Kenya and Tanzania are today reading their 2019/2020 budgets to their respective countries. Last year Tanzania passed a $14.2 billion budget with the theme, “to build an industrial economy that will stimulate employment and sustainable social welfare.” Lawrence Mafuru, Managing Partner at Bankable Tanzania joins CNBC Africa for more on this year’s budget expectations.
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