The Bank of Tanzania (BoT) has announced amendments to the Foreign Exchange Regulations, 2026, allowing all non-resident investors to invest in Treasury bills and bonds issued by the Government of Tanzania.
In a public notice signed by Governor Emmanuel M. Tutuba on Thursday, the central bank confirmed that the Foreign Exchange (Amendment) Regulations, 2026 have taken effect under the Foreign Exchange Act, Cap. 271, following their publication as Government Notice No. 206 of 2026 in the Government Gazette on 17 July 2026.
The amendment removes long-standing restrictions that limited participation in Tanzania’s Treasury bills and bonds market to residents of the East African Community (EAC), the Southern African Development Community (SADC), and members of the Tanzanian diaspora.
Under the new rules, all non-resident investors regardless of country of origin can now invest directly in Government-issued debt securities.
“By expanding participation in the Government securities market, we are creating greater opportunities for international investors to contribute to Tanzania’s economic growth,” said Governor Emmanuel M. Tutuba.
The move is a deliberate push by the Bank of Tanzania to deepen domestic financial markets and position the country as a more attractive investment destination.
Tanzania joins a growing list of African economies competing for global capital flows into sovereign debt markets, a strategy that typically improves liquidity, tightens yield spreads, and diversifies demand for Government paper.
Non-resident investors will access the market through approved Central Depository Participants (CDPs), and must comply with the provisions of the new regulations alongside other applicable laws and operational requirements.
The full text of the amended regulations has been published on the Bank of Tanzania’s website
The central bank directed investors with further queries to reach out to their respective CDPs or contact the Bank of Tanzania directly through its Dodoma head office.
