DODOMA, May 26 -- THE Tanzania Tourism Sector Safety and Protection (TTSSP) has welcomed the Bank of Tanzanias (BoT) recent directive banning the use of foreign currencies for local transactions, saying the move will strengthen the tourism industry, attract more visitors and boost national earnings.
Speaking exclusively to the Daily News in Dodoma over the weekend, TTSSP Chief Executive Officer and Founder, Dr Majaliwa Maswila described the BoT directive as a landmark decision that supports economic sovereignty, financial transparency and equitable business practices, principles that align with TTSSPs mission to protect and promote Tanzanias tourism sector.
Dr Maswila noted that using the Tanzanian Shilling (TSh) as the sole currency fo...
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