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    Home » Bot grants defined foreign exchange exemptions for the tourism sector in Tanzania

    Bot grants defined foreign exchange exemptions for the tourism sector in Tanzania

    overthebordersBy overthebordersJuly 10, 2025 Policy & Regulations No Comments1 Min Read
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    The Tanzania Association of Tour Operators Association (TATO) is proud to announce a breakthrough in the country's major policy of tourism industry. Following massive lobbying, engagement and formal demands, the Bank of Tanzania (BOT) has granted a defined exemption for the tourism sector under the Forex Use Regulations (GN No. 198, 2025), as well as great relief and great relief for sector stakeholders.

    This success is the direct result of a formal letter submitted by Tashi to the Governor of the Bank of Tanzania on May 2, 2025, with reference number T-26/06/60:

    This important milestone is the result of sustained advocacy by Taand, which has consistently raised concerns about the impact of strict foreign exchange regulations on the operation and sustainability of Tanzania's tourism operations. The regulations originally enacted under the Bank of Tanzania Act restricted the use of foreign currency in domestic transactions, creating operational challenges for tour operators who deal with non-resident clients who trade primarily in US dollars and other foreign currency.

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    Source: Tanzania Tour Operators Association (TATO)



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