NAIROBI (Reuters) – Tanzania will for the first time allow residents of East African and Southern African trade blocs to invest in its Treasury bonds and bills, the central bank said on Wednesday.
The Bank of Tanzania said a new law regulating foreign exchange had been gazetted in May, replacing two previous ones that had restrictions on the sale of government securities to foreign investors.
(Reporting by George Obulutsa; Editing by James Macharia Chege)
