Home
FacebookSearchMenu
  • Subscribe (free)
  • Subscribe (free)
  • News
  • Features
  • TravelInfo
  • Columns
  • Community
  • Sponsored
  • Contact Us
    • Contact Us
    • About Us
    • Advertise
    • Send Us News

Share

  • Facebook
  • LinkedIn
  • E-mail
  • Print

Tanzania says no to dollar pricing

19 May 2025
Comments | 0

Tanzania has officially enforced its Foreign Currency Usage Regulations, 2025, banning the use of foreign currency for domestic transactions. All local payments and price quotations must now be made in Tanzanian shillings.

Under the new rules, it is an offence to quote, advertise or accept payments in foreign currency for goods and services within Tanzania. Exceptions apply to specific transactions listed under the regulations, including diplomatic activities and duty-free purchases.

The measures are part of a broader effort to reinforce the use of the national currency. They also prohibit new contracts requiring payment in foreign currency and mandate that existing contracts must be amended to comply within a one-year period. Contracts not amended by March 2026 may be rendered void unless granted an extension by the Minister of Finance.

Wilbard Chambulo, Chairperson of the Tanzania Association of Tour Operators, confirmed the tourism industry is currently in discussions with the Ministry of Finance and the Bank of Tanzania. “It is too early to say anything,” Chambulo said, noting that the sector has been given a one-year grace period before full compliance is expected. “Anything can happen between now and March 2026,” he added.

Foreign visitors will still be able to pay using international bank cards or digital platforms but must exchange foreign currency through official channels such as commercial banks or bureaux de change.

Sign up to our mailing list and get daily news headlines and weekly features directly to your inbox free.

Last-minute cruises? Still plenty of space

Yesterday
Comments | 0

Operating safely in a more conflict-ridden world

Column
Yesterday
Comments | 0

Edelweiss adds Windhoek flights

Yesterday
Comments | 0

Blaauwberg Beach Hotel unveils new event venue

Yesterday
Comments | 0

Feature: Regent unveils new Spotlight Voyages

Yesterday
Comments | 0

MK backtracks on sports equipment charge

Yesterday
Comments | 0

Spain opens Roman temple to tourists

Yesterday
Comments | 0

Air travel round-up: Qatar resumes several Middle East routes

Yesterday
Comments | 0

Latest Changes on Travelinfo (03Jul'25)

Yesterday
Comments | 0

OR Tambo queues spark airline warnings

02 Jul 2025
Comments | 0

KQ and QR enter strategic partnership

02 Jul 2025
Comments | 0

Coalition calls for premium-class air travel tax

02 Jul 2025
Comments | 0

Feature: Fastjet flies to the heart of Zambia

02 Jul 2025
Comments | 0
  • Load more

FeatureClick to view

MICE in cruising July 2025

Poll

Have your clients experienced longer queues than usual at security at OR Tambo International in recent weeks?
  • © Now Media
  • Privacy Policy
  • Travel News on Facebook
  • eTNW Twitter
  • Travel News RSS
  • Contact Us
  • About Us
  • Advertise
  • Send Us News