DAR ES SALAAM, Aug. 7 -- TANZANIA Insurance Regulatory Authority (TIRA) has signed a Memorandum of Understanding (MoU) with the Dar es Salaam Stock Exchange (DSE) to promote innovative financial products and boost financial education.

TIRA Commissioner Dr Baghayo Saqware said recently that the partnership aims to expand opportunities for insurance firms by enabling them to raise capital through the stock exchange, while protecting consumer interests and enhancing financial efficiency.

“The agreement will improve information management, support joint research, build staff capacity and promote public awareness on the importance of insurance and investment,” he said.

The TIRAs head further said that the agreement will enhance ...