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Tanzania International Trade Update August 2018
The Bank of Tanzania (BOT) Monthly Economic Review of August 2018 indicates that the country’s earnings from export of goods and services amounted to USD 8,938.3 million in the year ending July 2018,...
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World Bank Deeply Concerned About Tanzania Statistics Law
On early October 2018, the World Bank (WB) issued a statement regarding recent developments related to Tanzania’s 2015 Statistics Act, which criminalize publication of official statistics without...
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Tanzania Down 7 Positions in WB Ease of Doing Business Ranking
Tanzania moved 7 positions down, from 137 in 2017 to 144 in 2018, in the latest World Bank (WB) Ease of Doing Business report issued in October 2018. The WB measures the regulations of 190 countries...
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Tanzania Saw Strong Growth in FDI Projects in 2017
Global services from EY has recently published the 8th edition of its annual Africa Attractiveness report, a key source of insight on foreign direct investment (FDI) in the continent. East Africa...
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Tanzania Annual Inflation Decrease to 3.2% in October 2018
The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate for October 2018 has slightly decreased to 3.2% from 3.4% recorded in September 2018. The overall...
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World Bank to Continue Tanzania Financing
On 19th November 2018, the World Bank (WB) issued a statement about its missions and intended financial support to Tanzania. The clarifying statement follows the Bank’s previous suspension of its...
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Tanzania Trade Deficit Widens in September 2018
The Bank of Tanzania (BOT) Monthly Economic Review of October 2018 indicates that the country’s overall balance of payments was a deficit of USD 276.4 million in the year ending September 2018 compared...
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Tanzania Launch Electronic Visa and Residence Permit
Tanzania just launched its electronic visa and residence permit services for foreign nationals wishing to visit or live in Tanzania. The move is aimed at enhancing efficiency, boost investment and...
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Denmark Withhold USD 9.8 Million Support to Tanzania
On 30th November 2018, the Embassy of Demark to Tanzania issued a press release to inform that it has decided to withhold until further notice a planned support of DKK 65 million (USD 9.8 million) to...
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Tanzania Annual Inflation Decrease to 3.0% in November 2018
The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate for November 2018 has slightly decreased to 3.0% from 3.2% recorded in October 2018. The overall...
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Tanzania Introduce New Transfer Pricing Rules
EY Tanzania, part of the assurance, tax, transactions, and advisory services global group, has recently issued a tax alert about the new Transfer Pricing Regulations, which were issued in November 2018...
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Tanzania Trade Deficit Widens in October 2018: Gold Down, Tourism Up
The latest Bank of Tanzania (BOT) Monthly Economic Review indicates that the country’s overall balance of payments recorded a deficit of USD 171.6 million in the year ending October 2018 compared to a...
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Tanzania Annual Inflation Increase to 3.3% in December 2018
The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate for December 2018 has slightly increased to 3.3% from 3.0% recorded in November 2018. The overall...
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AfDB: Tanzania GDP Growth Down to 6.7% in 2018 From 7.1% in 2017, and 6.6% in...
The African Development Bank (AfDB) has recently released its African Economic Outlook 2019 report, estimating that Tanzania’s real GDP growth was 6.7% in 2018, down from 7.1% in 2017. Tanzania’s...
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Tanzania GDP Growth was 6.8% in 2018, UNCTAD Estimate
UNCTAD, the main body of the United Nations (UN) dealing with trade, investment, and development issues had recently released its Statistical Tables On The Least Developed Countries – 2018, estimating...
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Tanzania 7th Best Destination to Invest in Africa in 2019
Rand Merchant Bank (RMB) of South Africa recently released its 2019 edition of the “Where to Invest in Africa” report, which provides data and analysis to invest in the continent, and points out new...
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Tanzania Annual Inflation Decrease to 3% in January 2019
The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate for January 2019 has decreased to 3.0% from 3.3% recorded in December 2018. The overall index...
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Tapping into CFTA Opportunities
By Anthony Kimambo, Stanbic Bank Tanzania Head of Trade Finance. The Extraordinary Summit on the African Continental Free Trade Area (AfCTFA) that took place in Kigali, Rwanda last year brought...
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How Monetary Policy Influences Economic Growth and Achieve Macro Stability
By Stanbic Bank Tanzania Head of Treasury, Zainul Chandoo Globally, Central Banks have various tactics designed to influence the availability and cost of money to achieve macroeconomic objectives like...
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Tanzania Annual Inflation Stabilize at 3% in February 2019
The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate for February 2019 has remained at 3.0% as it was recorded in January 2019. The overall index went...
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