Former Governor of the Bank of Tanzania (BoT), Prof. Florens Luoga, has commended the BoT Museum, describing it as a unique national asset that preserves and presents the country’s financial history, central banking evolution, and key economic reforms in a clear and educational way.
Prof. Luoga made the remarks on April 10, 2026, during his visit to the museum at the Bank of Tanzania sub-headquarters in Dar es Salaam, where he was received by Deputy Governor Dr. Yamungu Kayandabila.
He said the museum stands out due to the unique role of the central bank in the country, noting that its content reflects important milestones in Tanzania’s economic journey since the establishment of the Bank of Tanzania on June 14, 1966.
According to him, the museum provides valuable learning material that can benefit students, researchers, and the general public by helping them understand how the central bank has contributed to economic stability, financial development, and policy reforms over the years.
Prof. Luoga also praised the Bank of Tanzania for using internal experts in developing the museum, saying this approach reflects professionalism, patriotism, and strong institutional capacity while reducing reliance on external service providers.
He further noted that preserving and presenting financial history in such a structured way will strengthen public awareness of the role of the central bank and improve understanding of Tanzania’s economic development path.
During his visit, Prof. Luoga also held discussions with BoT Governor Emmanuel Tutuba, focusing on the importance of preserving institutional memory and enhancing public education on financial systems and central banking operations.
The Bank of Tanzania Museum was officially launched on July 30, 2025, by former Vice President Dr. Philip Mpango.
Since its inauguration, it has been positioned as an important national learning centre showcasing the evolution of money, banking, and economic governance in Tanzania.
The museum is open to visitors on Mondays, Wednesdays, and Fridays from 3:00 a.m. to 9:00 a.m., offering guided learning sessions for the public.
