Tanzania is currently occupied by many banks with a bunch of them running tiny operations. The latest report by Ernst & Young Tanzania indicates that at least eight banks are in the process of merging as a result. Stanley Bijura, EY Tanzania’s Senior Manager for Strategy and Transaction spoke to CNBC Africa for more.
Ernst & Young: Why Tanzania’s banking sector is ripe for consolidation
PUBLISHED: Mon, 26 Jul 2021 14:39:06 GMT