TANZANIA

DETAILED FINDINGS
1. BANK OF TANZANIA
CATEGORY 1: WEBSITE ANALYSIS
http://www.bot.go.tz
The website contains up-to-date information and details of their work, including currency exchange rates. It contains
budget reports, financial statements, and other important information like vacancies and tenders. However, it lacks
modern features. The information is displayed in Swahili and English. The Bank of Tanzania has a Facebook account.
n = 20

Yes

No

Partial

Additional information

Does the website contain the following:
1.

Up-to-date information?

X

2.

A description of the organisation’s powers and structure,
as well as its functions and responsibilities?

X

3.

A list of laws, acts, etc, issued within the scope of its
powers?

4.

Copies of reports, policies or programmes?

X

5.

Information on budget and expenditure?

X

6.

Information about procurement procedures or signed
contracts?

X

7.

Information about vacancy and employment procedures?

X

8.

The address, telephone number, and working hours of the
organisation?

X

9.

The contact details of specific public officials?

X

10. A mechanism to request and receive responses to
electronic messages and requests for information?

X

X

Total score: 14/20

CATEGORY 2: REQUEST FOR INFORMATION
The following questions were sent to the Bank of Tanzania (BOT):
y
y
y
y
y
y

Who is responsible for setting bank charges?
Is the procedure the same for microfinance and commercial bank registration?
What does BOT do when the exchange rate falls?
What are the procedures for opening a Bureau de Change, which sets the exchange rate amount for a Bureau
de Change, TRA and Banks?
What measures does the bank take to stop the production of fake banknotes?
What are the reasons for changing a banknote to a coin or a coin to a note, and a note or coin to a new feature
coin/note?

78

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