Tanzania To Tight Quality Controls On Imports To Reduce Sub-Standard Products
The Tanzania Bureau of Standards (TBS), a public institution in charge of undertaking measures for quality controls on imports and promoting standardization in industry and commerce, has recently...
View ArticleTanzania To Strengthen Trade With India By Promoting Investment In Processing...
The Tanzania’s Ministry of Industry, Trade and Investment has recently announced that the government is addressing efforts on promoting foreign direct investments (FDI) in processing and manufacturing...
View ArticleDar es Salaam Port Named Best For Performance In East Africa In 2015
The Shippers Council of Eastern Africa (SCEA), a business membership organization formed to improve policy and trade environment in East Africa, has recently announced that Dar es Salaam Port in...
View ArticleTanzania Inflation Goes Down To 6.5% In January 2016
According to The National Bureau of Statistics of Tanzania (NBS) the Annual Headline Inflation Rate for the month of January 2016 decreased to 6.5% from 6.8% in December, 2015. The National Consumer...
View ArticleTanzania Recorded Strong Economic Growth Above 7.0% In 2015, IMF Says
The International Monetary Fund (IMF) has recently released the Third Review for Tanzania under the Policy Support Instrument (PSI), a program that offers low-income countries fund financial assistance...
View ArticleAfDB Awards Tanzania With USD 16.5 Million Loan For Institutional Support...
The African Development Bank (AfDB) has recently approved a USD 16.5 million loan to finance the third phase of the Tanzania Institutional Support Project for Good Governance (ISPGG III), which seeks...
View ArticleTanzania GDP Records 7.1% Growth In Q4-2015 Thanks To Telecoms, Finance And...
The Tanzanian National Bureau of Statistics (NBS) has recently announced that the country’s GDP grew at a rate of 7.1% totaling TZS 10.9 trillion in the period Q4-2015 up from a growth of 4.1% totaling...
View ArticleAfDB To Support Tanzania With USD 1.1 Billion Assistance Package For...
The African Development Bank (AfDB) has recently approved a concessional resource assistance package for Tanzania worth over US $1.1 billion over a five-year period, to support the government to...
View ArticleHolili-Taveta One Stop Border Post To Improve Trade Between Tanzania And...
The governments of Tanzania and Kenya have recently launched the first One Stop Border Post (OSBP) in the East Africa Community (EAC) between the cities of Holili in Tanzania’s north eastern region and...
View ArticleTanzania Inflation Stabilises To 5.6% In February 2016
According to The National Bureau of Statistics of Tanzania (NBS) the Annual Headline Inflation Rate for the month of February 2016 decreased to 5.6% from 6.5% in January, 2016. The National Consumer...
View ArticleTanzania President Magufuli Suspends BOT Payment Of TZS 925.6 Billion – USD...
The President of the United Republic of Tanzania, Dr. John Pombe Joseph Magufuli has paid a surprise visits to the Bank of Tanzania (BOT) on 10th March, 2016, directing the Bank to immediately cease...
View ArticleEAC Admits South Sudan As New Member And Announces Electronic Passport In...
During the 17th Ordinary East African Community (EAC) Heads of State Summit recently realized in Arusha, Tanzania, member countries reviewed and agreed on 24 fields about politics, economy and...
View ArticleTanzania Revenue Authority Doubles Tax Collections In January 2016
The Tanzania Revenue Authority (TRA) has recently announced that a total of TZS 1.79 trillion in tax revenues were collected solely in January, 2016, which are almost in line with TRA’s goal of...
View ArticleTanzania And Vietnam To Raise Bilateral Trade To USD 1 Billion By 2020
Vietnam’s President Truong Tan Sang has recently concluded an official visit to Tanzania where he met with Tanzania’s President John Magufuli, top government officials and private businesses to explore...
View ArticleUAE Free Zone And EPZA Discuss Cooperation To Boost Tanzanian SMEs...
Officials from Ajman Free Zone of the United Arab Emirates (UAE) have recently met with executives from Tanzania’s Export Processing Zones Authority (EPZA) to discuss several areas of cooperation in...
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President Magufuli Confirms Tax Authority And Corruption Bureau Top Executives
The President of the United Republic of Tanzania Dr. John Magufuli has confirmed on March 13th, 2016, Mr. Alphayo Kidata as Commissioner General of the Tanzania Revenues Authority (TRA) and Mr....
View ArticleTanzania Focuses On Value Addition And Processing Industries To Boost Exports...
The Tanzania Investment Centre (TIC) has recently hosted the 5th Forum of the Southern African Development Community (SADC) Investment Promotion Agencies (IPAs), which aimed at accelerating regional...
View ArticleTime To Issue Business License To Be Reduced To 3 Days, Tanzania Investment...
The Tanzania Investment Centre (TIC) has recently announced that the process time to issue business licenses in the country will be reduced by 75% from the current 12 days to 3 days in the short term...
View ArticleTanzania To Soon Approve Full Capital Account Liberalisation
The Bank of Tanzania (BoT) has recently announced that the country’s full capital account liberalisation would soon be implemented as a proposal is waiting for the Bank’s approval to be presented to...
View ArticleNSSF, RAHCO And TBC New Directors General Appointed
Tanzania’s President Dr. John Magufuli has recently appointed new Directors General to three key public institutions – National Social Security Fund (NSSF), Reli Assets Holding Company (RAHCO),...
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