67% of Tanzanians Approve Government’s Economic Management, 39% See Economic...
The Afrobarometer 2024 survey reveals that 67% of Tanzanians approve of the government’s economic management, with 39% noting improved conditions since 2022. Despite progress, financial hardships...
View ArticleTanzania Moves Up in the World Justice Project (WJP) Rule of Law Index 2024
Tanzania ranks 96th in the 2024 WJP Rule of Law Index, highlighting its economic growth amid challenges in governance, social indicators, and environmental sustainability. Tanzania made its best...
View ArticleTanzania’s Goods Exports to Africa Reach US$ 2.65 Billion in 2023; Imports...
Tanzania’s exports to Africa reached US$ 2.65 billion in 2023, with imports at US$ 1.5 billion. The AfCFTA presents growth opportunities, supported by SME training and regional trade integration efforts.
View ArticleTanzania-Belgium Business Mission 2024 Kicks Off with High-Level Forum in Dar...
The start of the Tanzania-Belgium Business Mission 2024, held on November 25th, brought together over 40 Belgian investors and 300 Tanzanian business leaders in Dar es Salaam. The mission, that will...
View ArticleTax Incentives in Tanzania: A Comprehensive Guide to Obtain TIC Certificate...
Tanzania offers a wide range of tax and non-tax incentives to attract investment and drive economic growth. These…
View ArticleEU’s FUNGUO Program Unveils Third Startup Cohort Funding 18 Tanzanian SMEs...
Tanzania’s FUNGUO program, in partnership with CRDB Bank’s iMBEJU initiative, unveiled the third cohort of 18 startups with a funding pool of TZS 1.8 billion. Selected startups span various sectors,...
View ArticleTanzania-UAE Business Forum: Dar es Salaam, 12th December 2024
Tanzania Investment Centre (TIC), in collaboration with the Dubai International Chamber (DIC), Tanzania Public Sector Foundation (TPSF), Zanzibar…
View ArticleCorporate Tax in Tanzania: Comprehensive Guide to Rates, Incentives, and...
Corporate tax is a cornerstone of Tanzania’s business regulatory framework, impacting all companies operating within the country. Whether…
View ArticleTanzania’s Annual Inflation Decreases to 3.0% in October 2024
The National Bureau of Statistics of Tanzania (NBS) revealed that the annual headline inflation rate for the month…
View ArticleGuide to Company Registration in Tanzania: Requirements, Procedures, Fees
Registering a company in Tanzania involves a detailed legal framework governed by the Companies Act, Cap. 212 (2002)…
View ArticleTanzania New Cabinet Reshuffle: Information, Home Affairs, Legal Affairs, and...
President Samia Suluhu Hassan reshuffles the Cabinet, appointing new Ministers for Information, Home Affairs, Legal Affairs, Works, Livestock and Fisheries, and Communication and Information...
View ArticleTanzania Private Sector Foundation (TPSF) Partners with TanzaniaInvest to...
The Tanzania Private Sector Federation (TPSF) and TanzaniaInvest have formalized a partnership to enhance the visibility of Tanzania's private sector and improve the investment landscape through...
View ArticleInterview with Raphael Maganga CEO of the Tanzania Private Sector Foundation...
In this exclusive interview with TanzaniaInvest, Raphael Maganga, Chief Executive Officer of the Tanzania Private Sector Foundation (TPSF)—the…
View ArticleTanzaniaInvest and TCCIA Partner to Enhance Trade, Industry, and Agriculture...
TanzaniaInvest, the premier source of business, economic, and investment news in Tanzania, has signed a Memorandum of Understanding…
View ArticleInterview with Oscar Kissanga, Executive Director of the Tanzania Chamber of...
TanzaniaInvest conducted an exclusive interview with Oscar Kissanga, Executive Director of the Tanzania Chamber of Commerce, Industry, and Agriculture, to discuss the challenges faced by businesses in...
View ArticleDubai International Chamber Signs MoU with Tanzania’s Chamber of Commerce,...
Dubai International Chamber and the Tanzania Chamber of Commerce, Industry, and Agriculture (TCCIA) signed a MoU to strengthen trade and investment relations during a business forum in Dar es Salaam....
View ArticleTanzania and EU Reaffirm Strategic Partnership in 2024 Dialogue
The 2024 Partnership Dialogue between the European Union and Tanzania highlighted their long-standing collaboration in governance, trade, security, and regional integration. The dialogue reaffirmed...
View ArticleTanzania Launches Investment Facilitation Platform in Hunan, China to Secure...
The Tanzania Investment Centre has established an investment facilitation platform in Hunan Province, China, to secure US$ 3 billion in Chinese investments. The initiative follows Chinese President Xi...
View ArticleWorld Bank Pledges US$ 300 Million for TASAF Phase III to Alleviate Poverty...
The World Bank has pledged US$ 300 million to support Phase III of Tanzania’s Social Action Fund (TASAF). The initiative focuses on poverty alleviation by providing conditional cash transfers,...
View ArticleWorld Bank Report Highlights Climate Risks and US$ 19 Billion Funding Needs...
The World Bank has released its Climate and Development Report for Tanzania, emphasizing US$ 19 billion funding needs to meet climate goals by 2030. The report warns of significant risks to GDP and...
View ArticleTanzania Exports YE October 2024: Growth in Gold, Tobacco, Cashews,...
The Bank of Tanzania (BOT) released its Monthly Economic Review-November 2024 which covers key macroeconomic indicators for the…
View ArticleWorld Bank Provides US$ 104 Million to Tanzania for Gender Equality through...
The World Bank has partnered with the Government of Tanzania to provide US$ 104 million for the PAMOJA project, which focuses on enhancing economic opportunities for women, addressing gender-based...
View ArticleIMF Approves US$ 204.5 Million for Tanzania Following Economic Reforms and...
The IMF Executive Board completed the fourth review under Tanzania’s Extended Credit Facility (ECF) arrangement and the first review under the Resilience and Sustainability Facility (RSF), approving...
View ArticleTanzania and Oman Sign Double Taxation Agreement
Tanzania and Oman have signed a treaty to eliminate double taxation and prevent tax evasion, reducing tax burdens and fostering bilateral trade. The agreement aims to attract investments from Oman into...
View ArticleTanzania-Saudi Arabia Investment Forum Draws 70 Investors, Leading to...
The Tanzania-Saudi Arabia Investment Forum, held from December 17 to 21, 2024, in Riyadh, brought together 70 investors and resulted in agreements to explore partnerships in agriculture, energy,...
View ArticleTanzania Makes First Shipment of Honey to China
Tanzania has shipped 10 metric tons of honey to China for the first time, following an August 2023 trade agreement granting market access. The shipment highlights Tanzania’s growing honey industry...
View ArticleTanzania’s Annual Inflation Stayed at 3.0% in November 2024
Tanzania's annual headline inflation rate remained at 3.0% in November 2024, unchanged from October 2024, while the monthly inflation rate rose due to price increases in key items. Food items such as...
View ArticleTanzania Breaks Investment Records in 2024 with US$ 7.7 Billion in Projects
The Tanzania Investment Centre (TIC) announced that it registered 842 projects worth US$ 7.7 billion in 2024, achieving 88.2% of its target of 1,000 projects. This marks the highest investment value...
View ArticleTanzania-Japan Business and Investment Forum: Dar es Salaam, 14th January 2025
The Tanzania Investment Centre (TIC), in collaboration with the Tanzania Embassy in Japan and the Embassy of Japan…
View ArticleTanzania Exports YE November 2024: Growth in Gold, Horticulture, Tourism, and...
According to the Bank of Tanzania's Monthly Economic Review for December 2024, Tanzania's exports grew to USD 15.87 billion in the year ending November 2024, driven by gold, horticulture, and tourism,...
View ArticleTanzania Targets US$ 15 Billion in Investments for 2025, Focusing on...
Tanzania aims to attract US$ 15 billion in investments in 2025, prioritizing manufacturing, clean energy, transport, minerals, agriculture, and services. The government plans key reforms, including...
View ArticleFitch Affirms Tanzania’s ‘B+’ Rating Citing Strong GDP Growth, Low Inflation,...
In December 2024, Fitch Ratings has affirmed Tanzania’s Long-Term Foreign-Currency IDR at ‘B+’ with a Stable Outlook, highlighting strong economic growth, low inflation, and fiscal reforms under an IMF...
View ArticleBank of Tanzania Keeps Policy Rate at 6% for Q3 2024; Domestic Economy on...
The Bank of Tanzania’s Monetary Policy Committee has decided to keep the Central Bank Rate (CBR) at 6% for the first quarter of 2025. Governor Emmanuel Tutuba highlighted that the move aims to maintain...
View ArticleTanzania’s Annual Inflation Hits Record Low of 3.1% in 2024, the Lowest Ever
Tanzania's annual inflation rate decreased to 3.1% in 2024 from 3.8% in 2023. This was driven by a drop in food inflation to 2.1% in 2024 from 6.8% in 2023, following government efforts to boost food...
View ArticleMainland Tanzania’s Economy Grows 5.6% in Jan-Sep 2024, Led by Agriculture,...
Tanzania’s economy grew 5.6% in Jan-Sep 2024, with full-year growth estimated at 5.6%. Zanzibar expanded 7%, with projections over 6% in 2025. Inflation remained stable at 3.1%, while exports surged to...
View ArticleTanzaniaInvest and REPOA Sign MOU to Enhance Visibility of Policy Research
TanzaniaInvest.com, the leading digital platform for information on the economy and investment insights on Tanzania, and REPOA, a…
View ArticleTanzania’s Annual Inflation Holds at 3.1% in January 2025, Food Inflation...
Tanzania's annual inflation rate held steady at 3.1% in January 2025, the same as in December 2024, while food inflation rose to 5.3% from 4.6%. Non-food inflation decreased to 2.1% from 2.5%. The...
View ArticleTanzanian Economic Development Summit 2025: Dar es Salaam, 10–14 March 2025
The Tanzanian Economic Development Summit 2025 will be held from March 10 to 14, 2025, at the Hyatt…
View ArticlePwani Region Investment Guide
The Economic and Social Research Foundation (ESRF) has developed a detailed Pwani Region Investment Guide, outlining key opportunities…
View ArticleTanga Region Investment Guide
The Economic and Social Research Foundation (ESRF) has developed a detailed investment guide for Tanzania’s Tanga Region, outlining…
View ArticleTanzania Investment Centre Registers 2,020 Projects Under President Samia, a...
The Tanzania Investment Centre (TIC) registered 2,020 projects between March 2021 and February 2025 under President Samia, marking a 177% increase. The projects, worth US$23.67 billion, created over...
View ArticleEuropean Union-Zanzibar Business Forum 2025: Zanzibar, 27 February 2025
The European Union-Zanzibar Business Forum 2025 will take place on February 27, 2025, at the Golden Tulip Airport…
View ArticleTanzania’s External Sector Improves in 2024 with Gold, Cashew Nuts, and...
Tanzania’s external sector showed significant improvement in 2024, with exports of goods and services rising by 15.1% to USD 16,093.1 million. The current account deficit narrowed by 28.6% to USD...
View ArticleTanzania and Japan Sign TZS 27.3 Billion Health Sector Support Agreement
Tanzania and Japan have signed a TZS 27.3 billion agreement to enhance maternal and child healthcare services through the procurement of modern medical equipment for seven referral hospitals.
View ArticleTanzania’s Annual Inflation Rises to 3.2% in February 2025, Food Inflation...
Tanzania's annual inflation rate increased to 3.2% in February 2025, up from 3.1% in January 2025, while food inflation decreased to 5.0% from 5.3%. Non-food inflation rose to 2.4% from 2.1%. The...
View ArticleTanzania Monthly Economic Review January 2025: Gold, Cashew Nuts, and Tourism...
Tanzania’s January 2025 economic review highlights a 15.1% export growth driven by gold, cashew nuts, and tourism. Private sector credit expanded by 12.8%, while inflation remained subdued in January...
View ArticleTanzanians Highlight Public Health as Top Priority Despite Government...
A new Afrobarometer survey by REPOA highlights Tanzanians' perceptions of public health, showing that 45% consider it the top priority for government action. The findings reveal disparities in access...
View ArticleTanzanian CEOs Optimistic About Economic Growth and Regional Expansion but...
According to the PwC 2025 CEO Survey East Africa, Tanzanian CEOs are optimistic about economic growth and regional expansion. However, they highlight challenges such as inflation and cyber risks.
View ArticleReflections on U.S. Foreign Aid Shifts: Lessons for Tanzania’s Economic and...
The Economic and Social Research Foundation (ESRF) has published a policy advisory analyzing the impact of U.S. foreign aid shifts on Tanzania. The advisory highlights risks to key sectors such as...
View ArticleTanzania Ranks in Top Quintile for Utility Services in World Bank’s Business...
Tanzania has secured a position in the top quintile for Utility Services in the World Bank's Business Ready 2024 report, scoring 78.73 points with particularly strong performance in Operational...
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