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Francis Majige Nanai New Director of Tanzania Private Sector Foundation
The Tanzania Private Sector Foundation (TPSF) has recently appointed Francis Majige Nanai as its new Executive Director, replacing Godfrey Simbeye who resigned in March 2020. Nanai has a long...
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President Magufuli Form New Cabinet
President-elect Hon. Dr. John Pombe Magufuli has completed the formation of the Tanzanian Cabinet on 5th December 2020, appointing 21 new ministers and 23 deputy ministers. President Magufuli has also...
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South Korea Agree USD 300 Million Loan to Tanzania
Tanzania and South Korea signed on 8th December 2020 the agreement for a USD 300 million concessional loans to finance development projects. The agreement was signed by the permanent secretary of the...
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Tanzania to Further Develop Cooperation With China, Magufuli Say
On 15th December 2020, Tanzanian President John Magufuli and Chinese President Xi Jinping held an hour-long phone call during which they talked about further strengthening relations and cooperation,...
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Tanzania Annual Inflation Slow Down to 3% in November 2020
The National Bureau of Statistics of Tanzania (NBS) reveals that the Annual Headline Inflation Rate for the month of November 2020 has decreased to 3.0% from 3.1% in October 2020. The overall index...
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Tanzania Central Bank to Sustain Accommodative Monetary Policies in 2021
The Bank of Tanzania (BOT) has recently released its Annual Report 2019/2020 which covers, among others, annual economic developments in the country for the period ending June 2020. In his foreword,...
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Minster Lay Down Investment Promotion and Facilitation Philosophy for Tanzania
The newly appointed Minister of State in the President’s Office for Investments Prof. Kitila Mkumbo has recently highlighted the Government’s guiding philosophy to promote and facilitate investments...
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Tanzania Annual Inflation Increase to 3.2% in December 2020
The National Bureau of Statistics of Tanzania (NBS) reveals that the Annual Headline Inflation Rate for the month of December 2020 has increased to 3.2% from 3.0% recorded in November 2020. The...
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Tanzania Invite Private Sector to Input on Tax Reforms – Deadline 10th...
The Ministry of Finance and Planning of Tanzania has issued its Invitation to Stakeholders to Participate in the Upcoming Proceedings on the Task Force on Tax Reform in Preparation of the Budget...
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Online Survey To Promote EU-Tanzania Economic Relations – Deadline 31st...
The Delegation of the European Union to Tanzania has launched an online survey to promote EU-Tanzania economic relations: https://www.surveymonkey.com/r/EUinvestmentTanzania The survey is addressed to...
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Tanzania Significantly Improve Corruption Perception Index in 2020
Transparency International, the global coalition against corruption, has released its 2020 Corruption Perception Index (CPI), ranking Tanzania 94th over 180 countries, with an overall rating of...
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Tanzania Annual Inflation Increase to 3.5% in January 2021
The National Bureau of Statistics of Tanzania (NBS) reveals that the Annual Headline Inflation Rate for the month of January 2021 has increased to 3.5% from 3.2% in December 2020. The overall index...
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Significant Increase in Covid-19 Cases in Tanzania, US Embassy Say
The U.S. embassy in Tanzania issued a health alert on 19th February 2021 where it informs it is aware of a significant increase in the number of Covid-19 cases in the country since January 2021. The...
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Spotify Launch in Tanzania
Swedish audio streaming and media services provider Spotify (NYSE: SPOT) has recently launched in Tanzania and 39 other African countries. The company explains that the expansion will help ensure that...
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Tanzania Annual Inflation Decrease to 3.3% in February 2021
The National Bureau of Statistics of Tanzania (NBS) reveals that the Annual Headline Inflation Rate for the month of February 2021 has decreased to 3.3% from 3.5% in January 2021. The overall index...
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Tanzania Gold and Minerals Exports Go Up In January 2021
The Bank of Tanzania (BOT) released its Monthly Economic Review – Feb 2021, indicating that the total exports of goods and services amounted to USD 8,741.8 million in year ending January 2021,...
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Tanzania to Grow by 4.5% in 2021- WB Economic Update
The World Bank (WB) has recently released its 2021 Tanzania Economic Update (TEU), a biannual report describing the recent evolution of Tanzania’s economy. In this 15th issues titles “Raising the Bar...
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Tanzania’s President John Magufuli Has Died
On 17th March 2021, Tanzania’s Vice President Samia Suluhu Hassan has announced on a TV message to the nation the death of President John Magufuli on the same day at Mzena Hospital in Dar es Salaam...
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Tanzania Unveil 2021/22 Budget Proposal
Tanzania’s Minister for Legal and Constitutional Affairs Dr. Mwigulu Nchembafor presented, on behalf of Finance Minister Hon. Philip Mpango, the budget proposal for the fiscal year 2021/22 to the...
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Samia Suluhu Hassan Sworn In As New President of Tanzania
On 19th March 2020, former Vice President of the United Republic of Tanzania Samia Suluhu Hassan took office as the 6th President of the country after the sudden death of John Magufuli, the previous...
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