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Channel: Economy of Tanzania in 2023 and 2024- March 2024 Update
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Tanzania Hosts First Global Entrepreneurship Festival Business Mixer Linking...

On 15 th April 2026, Tanzania hosted the Global Entrepreneurship Festival’s (GEF) Business Mixer as part of preparations for the Cairo 2026 summit. The event focused on investment readiness, digital...

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Tanzania Investment Summit 2026: 3–5 June 2026, Arusha

The Tanzania Investment Summit 2026 will be held in Arusha from 3 to 5 June, covering tourism, transport, renewable energy, water, blue economy, and agro-processing. The three-day agenda features four...

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Tanzania Inflation Holds at 3.2% in March 2026 as Food Prices Ease

Tanzania's annual headline inflation remained stable at 3.2% in March 2026, unchanged from February, as food and non-alcoholic beverages inflation eased to 5.5% from 5.7% the previous month. The...

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World Bank Approves USD 550M for Skills, Jobs, and Social Protection Programs...

The World Bank has approved USD 550M in financing for two programs aimed at improving skills, employment, and social protection in Tanzania. The initiatives are expected to benefit more than 3 million...

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Tanzania Monthly Economic Review February 2026: Exports Up 12.4% Driven by...

Tanzania’s economy remained broadly stable in the year ending February 2026, with headline inflation steady at 3.2%, private sector credit expanding by 24.4%, and gold exports surging 35.8% to USD...

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Tanzania Allocates TZS 12.50 Trillion to Launch Vision 2050 First Five-Year...

Prime Minister Dr. Mwigulu Nchemba has directed the immediate start of Tanzania's Vision 2050 implementation, setting a target of a USD 1 trillion economy and a per capita income of USD 7,000 by 2050,...

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Fitch Reaffirms Tanzania Credit Rating at B+ With 6% GDP Growth in 2026 and...

Fitch reaffirmed Tanzania’s credit rating at B+ with a stable outlook, citing strong GDP growth of 6% and declining public debt. The agency highlighted external risks, low reserves, and ongoing reforms...

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Presidential Commission Proposes 284 Measures to Overhaul Tanzania Tax System...

The Presidential Commission has officially submitted a comprehensive report detailing 284 Tanzania tax system reforms to President Samia Suluhu Hassan. The Tanzania Private Sector Federation (TPSF)...

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Tanzania Headline Inflation Declined to 3.2% in January 2026, Food Inflation...

The annual headline inflation rate in Tanzania decreased to 3.3% in February 2026, with the food and non-alcoholic beverages inflation rate stagnating at 5.7%. The inflation rate for all items...

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Tanzania Monthly Economic Review January 2026: Exports Up 12.7% Driven by...

Tanzania’s exports of goods and services increased to USD 18.1 billion in the year ending February 2026. Gold exports increased by 39.3% to USD 4.9 billion, while travel receipts amounted to USD 3.9...

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Tanzanian Government Directs State Minority Investments to Adopt...

The Government has issued eight strategic directives for Tanzania's state minority investments to enhance corporate governance and commercial efficiency. These measures are designed to increase non-tax...

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Tanzanian CEOs Optimistic About Economic Growth but Worry About Fast...

According to the PwC 2026 CEO Survey, Tanzanian CEOs project strong revenue growth over the next three years, yet worry they are not transforming fast enough to keep pace with technological change and...

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Tanzania Proposes TZS 62.3 Trillion Budget for 2026/27 Amid 6.3% GDP Growth...

Tanzania's Minister of Finance unveiled budget proposals for the 2026/27 fiscal year totaling TZS 62.3 trillion, targeting a real GDP growth rate of 6.3%. The plan marks a significant shift toward...

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Tanzania Hosts Conference on PPP Challenges and Opportunities in National...

On 9th March 2026, Tanzania’s Public-Private Partnerships Center (PPPC) hosted a conference in Dar es Salaam, bringing together government, private sector, and academia to discuss Public-Private...

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Tanzania Exports Show Resilience Against Exchange Rate Volatility According...

A comprehensive working paper by the Bank of Tanzania investigates the effects of real exchange rate volatility on Tanzanian exports using data from 1997 to 2023. The findings indicate that while...

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Tanzania Hosts MKUMBI II Validation Workshop With 246 Reforms Proposed to...

The President’s Office – Planning and Investment of Tanzania hosted a validation workshop for the second phase of its economic blueprint, MKUMBI II, aimed at improving the country’s business and...

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Dar Es Salaam Hosted East Africa Nordic Investment Summit To Advance Digital...

Dar es Salaam hosted the East Africa Nordic Investment Summit on 25–26 February 2026, bringing together government leaders, Nordic partners, investors and entrepreneurs to align digital systems,...

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Moody’s Affirms Tanzania B1 Rating: Manufacturing, Mining, and Tourism to...

Moody’s Ratings has affirmed Tanzania’s B1 rating with a stable outlook, projecting a robust 6% growth driven by rising investment in manufacturing, mining, and tourism. The government's debt burden...

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Tanzania and Russia Move to Elevate Bilateral Ties

Tanzania's Foreign Minister Mahmoud Thabit Kombo delivered a special message from President Samia Suluhu Hassan to Russian President Vladimir Putin, signaling a new era of cooperation. The two nations...

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Tanzania Headline Inflation Declined to 3.3% in January 2026, Food Inflation...

The annual headline inflation rate in Tanzania decreased to 3.3% in January 2026, with the food and non-alcoholic beverages inflation rate decreasing to 5.7%, and the inflation rate for all items...

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