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Tanzania’s Former President Benjamin Mkapa Died
On 24th July, Tanzania’s Presidential Office has announced the death of the former President of Tanzania Benjamin William Mkapa. Mkapa died at the Muhimbili National Hospital in Dar es Salaam where he...
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Tanzania GDP Grew by 5.7% in Q1 2020 and Will Grow by 5.5% in 2020, BoT Say
The Monetary Policy Committee (MPC) of the Bank of Tanzania (BoT) observed in its latest statement that despite the impact of COVID19 on a few sectors like tourism and entertainment, the economy...
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Tanzania Welcome New US Ambassador
On 2nd August 2020, President Dr. John Pombe Magufuli accepted the credentials of the new United States Ambassador to the United Republic of Tanzania, Dr. Donald J. Wright. As a Medical Doctor and a...
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Tanzania Exports Improve in June 2020, Tourism Suffering
The Bank of Tanzania (BOT) Monthly Economic Review of July 2020 shows that in the year ending June 2020 exports continued to improve as many economies were re-opened from the COVID-19 pandemic...
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Tanzania Annual Inflation Slightly Increase to 3.3% in July 2020
The National Bureau of Statistics of Tanzania (NBS) reveals that the Annual Headline Inflation Rate for the month of June 2020 stagnated at 3.2% as it was recorded in May 2020. The overall index went...
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Tanzania Exports Increase by 48% in Q4 2019
The Bank of Tanzania (BOT) Quarterly Economic Bulletin of June 2020 shows that Tanzania’s export increased by 48% to USD 1.7 billion in Q4 2019 from USD 1.1 billion in Q4 2018. The increase in...
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Moody’s Tanzania Credit Rating Downgraded to B2
Credit rating agency Moody’s has downgraded the foreign and local currency issuer ratings of the Government of Tanzania from B1 to B2 and changed the outlook from negative to stable. Obligations rated...
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Tanzania Exports Improve in July 2020, Tourism Suffer
The Bank of Tanzania (BOT) Monthly Economic Review of August 2020 shows that in the year ending July 2020 exports continued to improve as many economies were re-opened from the COVID-19 pandemic...
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Tanzania Annual Inflation Stagnate at 3.3% in August 2020
The National Bureau of Statistics of Tanzania (NBS) reveals that the Annual Headline Inflation Rate for the month of August 2020 stagnated at 3.3% as it was recorded in July 2020. The overall index...
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Tanzania Exports Improve in August 2020, Tourism Suffer
The Bank of Tanzania (BOT) Monthly Economic Review of September 2020 shows that in the year ending August 2020 exports continued to improve as many economies were re-opened from the COVID-19 pandemic...
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Tanzania to Receive USD 11.6 Million IMF Debt Relief
On 2nd of October 2020, the International Monetary Fund (IMF) approved a second six-month tranche of USD 11.6 million debt service relief to Tanzania under the Catastrophe Containment and Relief Trust...
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Tanzania Economy to Grow by 5.5% in 2020, BOT Say
The latest statement of the Monetary Policy Committee (MPC) of the Bank of Tanzania (BoT) states that the Tanzanian economy will sustain the previously projected growth of 5.5% in 2020. The MPC is...
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Tanzania Annual Inflation Fell to 3.1% in September 2020
The National Bureau of Statistics of Tanzania (NBS) reveals that the Annual Headline Inflation Rate for the month of September 2020 fell to 3.1% from 3.3% recorded in August 2020. The overall index...
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Magufuli Sworn in as President of Tanzania for a Second Term
On 5th November 2020, Dr. John Pombe Joseph Magufuli has been sworn in as President of the United Republic of Tanzania for a second 5-years term. President Magufuli won Tanzania’s general elections...
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Tanzania Exports Improve in September 2020 But Remain Lower Than in 2019
The Bank of Tanzania (BOT) Monthly Economic Review of October 2020 indicates that in the year ending September 2020, exports continued to regain momentum after the global impact of the COVID19...
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Tanzania Annual Inflation Stagnated at 3.1% in October 2020
The National Bureau of Statistics of Tanzania (NBS) reveals that the Annual Headline Inflation Rate for the month of October 2020 remained at 3.1%, as recorded in September 2020. The overall index...
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Tanzania 2020-2025 Investment Sectors: Agriculture, Industry, Mining, and...
In its speech during the official opening of the 12th Parliament of Tanzania on 13th November 2020, President-elect John Magufuli announced that in the next five years its government will put great...
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Tanzania Good Governance Deteriorate in 2019
The Mo Ibrahim Foundation has recently released its 2020 Index Report of African Good Governance (IIAG), which provides comparable data on the whole spectrum of African governance in 54 African...
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Tanzania Economy to Grow 2% in 2020, UN Say
The United Nations Economic Commission for Africa (UNECA) has recently released its Economic and Social Impacts of Covid-19 in Eastern Africa report, estimating that only four countries of the block...
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Invite for Tanzanian Startups to Recovery and Resilience Innovation Challenge
The United Nation Development Program (UNDP), the Human Development Innovation Fund (HDIF), and the Embassy of the Netherlands in Tanzania have launched the Recovery and Resilience Innovation...
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