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Like Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessLike Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency (6111 Views)

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Like Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency by postbox(op): 7:13am On Nov 28, 2021
According to a statement issued by the Governor of the Bank of Tanzania, Florens Luoga, the African nation is reportedly making plans to issue its own central bank-issued digital currency (CBDC).

Tanzania Prepares To Launch Its CBDC
As many African nations continue to tap into the digital currency initiative, Tanzania may be finally ready to follow suit too.

According to a report by Bloomberg on Friday, Florens Luoga revealed that Tanzania may be taking a cue from Nigeria by fast-tracking its plans to roll out its own CBDC. Luoga insists that plans are ongoing for the launching of the digital shilling — Tanzania’s currency since 1966.

But Tanzania will not be in a haste to launch the CBDC. According to the governor, the country is presently planning to research more deeply into digital currencies, as part of its efforts towards launching properly. All things being equal, the success of the current plans would mean that Tanzania would become one of the pioneering African countries to roll out a CBDC.

Who’s Next To Issue Out A CBDC?
It looks like quite a good number of industry experts are predicting China to be the next major economy to launch its CBDC. The central bank of China had started its digital currency testing since April 2020 and is planning an even bigger trial during the Beijing Winter Olympics in 2022.

But Luoga insists that Tanzania’s drive to launch the digital shilling was informed by Nigeria’s successful launch of its own CBDC, the eNaira. Nigeria successfully launched the eNaira last month, becoming only the second CBDC to be fully accessible to the public, right after Bahamas — which launched its own central bank digital currency, back in October 2020.

Meanwhile, at the moment, cryptocurrencies remain banned in Tanzania following a directive from the country’s apex bank in November 2019, declaring the digital assets ‘unrecognized by local law’.
SOURCE:https://brandspurng.com/2021/11/27/tanzania-to-launch-its-digital-currency/

Re: Like Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency by blowjob: 7:27am On Nov 28, 2021
ENAIRA NA SCAM grin



NIGERIA CENTRAL BANK DON BANANA grin





EVEN THE COUNTRY SELF NA JOKE grin
Re: Like Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency by sapientia(m): 7:41am On Nov 28, 2021
Africans and wasting money
Re: Like Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency by Kissiemu(m): 8:00am On Nov 28, 2021
These ones just dey listen to news to hear about anything Nigeria does so that they will do... follow follow u don't know wether it will be good for your economy
Re: Like Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency by Klington: 8:43am On Nov 28, 2021
Everything na audio.... Enaira, NigeriaAir etc.

This govt is a huge scam.
Re: Like Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency by Sirmuel1(m): 8:43am On Nov 28, 2021
Enaira is the most useless app to have on your Phone after Crowwe cheesy
Re: Like Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency by RapistOnBail: 8:43am On Nov 28, 2021

Nigeria is a big name.


Re: Like Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency by nanauju(f): 8:44am On Nov 28, 2021
Ok
Re: Like Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency by Mixedfruit: 8:44am On Nov 28, 2021
Noted

Re: Like Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency by bigdammyj: 8:44am On Nov 28, 2021
Noted
Re: Like Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency by Fyie: 8:44am On Nov 28, 2021
.
Re: Like Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency by BigDawsNet: 8:44am On Nov 28, 2021
Copy Copy

Re: Like Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency by chudez0147(m): 8:45am On Nov 28, 2021
We are the real niggas of African. We set the pace
Re: Like Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency by Zealll: 8:45am On Nov 28, 2021
Tell them Nigeria e-naira has fail..
Nothing reasonable is done with it.
Re: Like Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency by Elidrisy20: 8:45am On Nov 28, 2021
Nigeria lead while Biafra look shocked,dey follow
Re: Like Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency by ufotty2001: 8:45am On Nov 28, 2021
Please nairalander!!! We are yet to see any businesses or agencies that accept eNaira as a mean of payment.
Re: Like Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency by ILoveDemMANNA: 8:46am On Nov 28, 2021
PMB leads, others follow
God bless Africa
Re: Like Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency by BlaqJosh: 8:46am On Nov 28, 2021
Enaira na scam.
Very useless govt
Re: Like Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency by Adjovi: 8:46am On Nov 28, 2021
Of what use is the E niara when people are suffering. Na person wey don chop bellefull go fit make transactions na. Open our borders so food can come in, we are not producing enough currently. When there's hunger, crime rate will increase,fraud, violence,killings, kidnapping etc.
Re: Like Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency by Skillsnigeria: 8:46am On Nov 28, 2021
Ok
Re: Like Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency by Nobody: 8:47am On Nov 28, 2021
We all know that by this time next year no body will be able to account for what happened to this e-NAira.

This is our country and this is how we run it
Re: Like Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency by tradepunter: 8:49am On Nov 28, 2021
Rubbish
Re: Like Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency by Cti28(m): 8:50am On Nov 28, 2021
E-dara abi E-naira shocked
Many Nigerians don't give a damn about it. While the physical bank finds it difficult to reverse failed transactions, who will help if transaction with E-naira fails?
Re: Like Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency by DropsMic(m): 8:50am On Nov 28, 2021
Okay
Re: Like Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency by Lovenorth: 8:51am On Nov 28, 2021
We lead in Africa, God bless our lovely president
Re: Like Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency by Crusadee: 8:52am On Nov 28, 2021
Hmmm

Re: Like Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency by temitope27(m): 8:52am On Nov 28, 2021
Failed government as usual
Re: Like Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency by temitope27(m): 8:53am On Nov 28, 2021
Sirmuel1:
Enaira is the most useless app to have on your Phone after Crowwe cheesy
ur phone, cos I would never have it
Re: Like Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency by Eriokanmi: 8:54am On Nov 28, 2021
Much ado about E-naira...( E-nothing)
Re: Like Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency by TinubuGoQuench(f): 9:00am On Nov 28, 2021
Shithole Nigeria
Re: Like Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency by Gentlevip: 9:00am On Nov 28, 2021
We lead they follow

Even if it's nothing
Re: Like Nigeria’s eNaira, Tanzania Set To Launch Its Digital Currency by sofeo(m): 9:05am On Nov 28, 2021
Ok.
1 2 Reply

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