Prime Minister Kassim Majaliwa emphasized that inclusive financial services are a crucial driver of economic growth, poverty alleviation, and overall community development.
Recognizing this, Majaliwa stated that the government is committed to working closely with all stakeholders to ensure that the financial sector continues to evolve into a more inclusive, efficient, and productive engine for national development.
He made these remarks today (Monday, March 3, 2025) during the launch of the new digital services by the National Bank of Commerce (NBC) at the Super Dome Hall in Masaki, Dar es Salaam.
Majaliwa further noted that over time, the government has been actively preparing and implementing national strategies aimed at enhancing inclusive financial services.
“The 2023-2028 National Strategic Plan for Inclusive Financial Services builds on the successes achieved under the 2022 National Strategic Plan,” he stated.
Additionally, the Prime Minister mentioned the development of a 10-year Digital Economy Strategy for the period 2024-2034. “This strategy outlines specific goals that our country is determined to achieve in order to transition to a fully digital economy.”
In her remarks, the Deputy Governor of the Bank of Tanzania, Sauda Msemo, praised the resilience of the financial sector, which has facilitated a wide range of economic activities.
She urged financial institutions to uphold the highest standards of cybersecurity and promptly detect any fraudulent activities.
Earlier, the CEO of NBC, Theobald Sabi, explained that the launch of NBC's digital services aims to enhance the accessibility and convenience of financial services.
“These services include account opening, money transfers, and the ability to access loans without visiting a physical branch.”