Emmanuel Akaro

Emmanuel Akaro

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Emmanuel Akaro is the Director of Financial Markets at the Bank of Tanzania (BoT). He has been actively involved in the efforts to educate the public and businesses about the new regulations banning the use of foreign currencies for domestic transactions, highlighting the need to stabilize Tanzania's financial system.

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Recent news mentions

Mr Emmanuel Akaro, the Manager of the Foreign Markets Department at BoT, explained the bank's gold sale strategy.

Bank of Tanzania clarifies gold sale strategy, denies infrastructure funding claims
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2026-01-30
7.0

Mr Emmanuel Akaro officiated the launch of the Absa Africa Financial Markets Index 2025.

Tanzania shines in Absa Africa Financial Markets Index 2025 as reforms bear fruit
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2026-01-30
7.0

BoT Director of Financial Markets Emmanuel Akaro said the interventions were aimed at achieving several policy objectives.

Shilling steady amid central bank’s interventions, export earnings rise
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2025-12-22
7.0

Emmanuel Akaro, the Director of Financial Markets at the Bank of Tanzania, discussed the positive outlook for the Tanzanian shilling.

Tanzanian shilling strengthens to become world’s top-performing currency
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2025-06-12
9.0

Mr Emmanuel Akaro, Director of Financial Markets at BoT, mentioned that certain individuals have been illegally using foreign currencies for transactions.

Tanzania preparing regulations to ban foreign currency for domestic transactions
The Citizen – major Tanzanian English newspaper, est. 2004·TanzaniaTanzania· 2025-02-15
5.0
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