Tanzania suspends issuance of license to Forex Bureaus

The Central Bank of Tanzania has suspended the issuance of licenses to Forex Bureau Operators until further notice. It follows closure of some Forex Bureau shops in the northern region of Arusha over suspicion of money laundering. The move is to also enable the Central Bank of the east African country to plug loopholes in … Continue reading Tanzania suspends issuance of license to Forex Bureaus