Why local businesses should rethink payments, cash flow, and foreign exchange risks

Tanzanian businesses risk undermining their growth ambitions if they focus solely on increasing sales while neglecting payments, cash flow management and foreign exchange risks, experts have warned.

Speaking in an interview with The Citizen recently, Stanbic Bank Tanzania Head of Corporate and Investment Banking, Ms Ester Lobore, said strong financial systems have become just as important as revenue growth.

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