Tanzania Freezes Transaction of Kenyan Currency Tanzania
The Tanzanian government has banned the change of its currency with the Kenyan currency in order to lock out illicit cash flows into the country. The order is issued as the result of the introduction of Kenya’s new notes to stop counterfeit money. The Bank of Tanzania has been notified to freeze CBK currency collection more

Tanzania: Use of Sh500 Notes to End Tanzania
The use of Sh500 notes will come to an end soon. The Bank of Tanzania (BoT) says it is conducting the final collections from banks for destruction. BoT has confirmed that the stock of the Sh500 denomination note has been finished. However, the notes will continue to be the legal tender for payments, until they more