Saudi Arabia Chooses Tanzania As Priority Country To Develop Trade And...
The Kingdom of Saudi Arabia has recently selected Tanzania as a priority country to develop trade, investment and cooperation in the African continent. Through a message delivered to Tanzania’s...
View ArticleTanga Port Cargo Handling To Record 36% Growth In 2015-2016
The Tanga port’s management has recently announced that the cargo handled during the fiscal year 2015/2016 is expected to reach 1.09 million gross registered tonnes (GRT), representing a growth of 36%...
View ArticleAfDB Approves USD 228 Million Loan to Rehabilitate Isebani-Ahero Road Linking...
The Board of Directors of the African Development Bank approved on March 30th 2016, a USD 228 million loan to the Government of Kenya to rehabilitate 172-kilometre road, linking the towns of Ahero in...
View ArticleTanzania and Japan Sign Exchange of Notes for JPY 6 Billion Concessional Loan...
On March 30th 2016 Tanzania and Japan signed two Exchange of Notes under which the former will access technical assistance and concessional loan from the Government of Japan for financing the “Business...
View ArticleTanzania – Pakistan Trade Potential Reach USD 1 billion, Minister Of Foreign...
Tanzania and Pakistan have recently expressed their interest in strengthening commercial ties and cooperation to tap a trade potential of USD 1 billion through investments in key sectors such as...
View ArticleTanzania Revenue Authority to Reach Tax Collection Target for 2015-2016...
The Tanzania Revenue Authority (TRA) recently announced its confidence in reaching its tax collection target for the financial year 2015-2016 of TZS 12.3 trillion. The announcement was made by TRA’s...
View ArticleTanzania 2016-2017 Provisional Budget Increases by 30% to Cater for...
Tanzania’s 2016-2017 budget has been provisionally set at TZS 29.5 trillion, representing a 30% increasing from TZS 22.5 trillion included in the on going budget for 2015-2016. According to the...
View ArticleTanzania’s Exports Increase by 8.6% in Year Ending January 2016 Thanks to...
The Bank of Tanzania (BOT) Monthly Economic Review for February 2016 recently published shows that the value of export of goods and services in the year ending January 2016 increased by +8.6%, reaching...
View ArticleBrazil, Czech Republic and South Sudan to Strengthen Trade and Investment...
The President of the United Republic of Tanzania, Dr. John Beer Magufuli has received yesterday the credentials of Mr. Carlos Alfonso Iglesias Puente, Ambassador of Brazil to the country, replacing...
View ArticleTanzania Annual Inflation Decrease to 5.4% in March 2016
According to The National Bureau of Statistics of Tanzania (NBS) the Annual Headline Inflation Rate for the month of March 2016 decreased to 5.4% from 5.6% in February, 2016. The National Consumer...
View ArticleTanzania Export Processing and Special Economic Zones Generated USD 1 bln in...
Col. Joeph Simbakalia, Director General of Tanzania’s Export Processing Zones Authority (EPZA) has recently announced that the two schemes under the authority, the Export Processing Zones (EPZs) and...
View ArticleTanzania Could Serve as Springboard for Russia’s Expansion in East Africa,...
The Minister of Industry and Trade of Russian, Mr. Denis Manturov, has said that Tanzania could serve as a springboard for Russia’s expansion into the vast East African market. The announcement was...
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New Tanzanian Ambassador in UK to Strengthen Cooperation in Investment Trade...
The President of Tanzania, Dr. John Magufuli, has appointed Dr. Asha-Rose Migiro (Songea, 9 July 1956) as Ambassador of Tanzania in the UK. Dr. Migiro replaces former Ambassador Peter Allan Kallaghe,...
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Tanzania Annual Inflation Decrease to 5.1% in April 2016
The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate decreased to 5.1% in April 2016 from 5.4% in March 2016. Food and Non Alcoholic Beverages Inflation...
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Tanzania’s Exports Increase by 7.9% in Year Ending February 2016 Thanks to...
The Bank of Tanzania (BOT) Monthly Economic Review–March 2016 recently published shows that the value of export of goods and services in the year ending February 2016 increased by +7.9%. Overall...
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Exclusive Interview with Tonia Kandiero, AfDB’s Resident Representative in...
TanzaniaInvest had the pleasure to interview Tonia Kandiero, Resident Representative in Tanzania of the African Development Bank (AfDB). Kandiero discusses AfDB’s past, present and future in Tanzania...
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AfDB Approve USD120m Credit to Support Infrastructure and SMEs in Tanzania
The African Development Bank (AfDB) approved a USD120m Line of Credit (LOC) for Tanzania to finance infrastructure and SME projects. The LOC is allocated to CRDB, the largest commercial bank in...
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First African Investment Summit to be Held in Kigali in September 2016
The Global African Investment Summit (TGAIS), aimed at promoting trade and investment in Africa’s Tripartite Free Trade Area (TFTA), will be held for the first time in Africa in Kigali, Rwanda on the...
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World Bank Project 7.1% GDP Growth Rate for Tanzania
Tanzania’s economy is projected to remain stable over the next 2 years, according to the World Bank’s (WB) 8th Tanzania Economic Update (TEU) published on 19th May 2016. The Tanzanian economy is...
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Tanzania Annual Inflation Remain Relatively Stable at 5.2% in May 2016
The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate remained relatively stable at 5.2% in May 2016 compared to 5.1% in April 2016. Food and Non...
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