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Channel: Economy of Tanzania in 2023 and 2024- March 2024 Update
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Tanzania 2024 Investment Campaign (Jan 8 – Feb 9) Aims to Double Projects,...

The United Republic of Tanzania has launched an ambitious National Investment Promotion Campaign, a strategic initiative spearheaded by…

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Tanzania’s President Samia Visits Indonesia: Seven Trade and Investment...

Tanzanian President Dr. Samia Suluhu Hassan recently completed a three-day visit to Indonesia from January 24-26, 2024. The…

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Tanzania Invites Stakeholders to Participate in Tax Reform Task Force for...

The Ministry of Finance of Tanzania has officially announced the commencement of the Task Force on Tax Reform’s…

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Investments to Tanzania Up by +81% in October-December 2023

The Tanzania Investment Centre (TIC) has released its Quarterly Investment Bulletin for the period October to December 2023…

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Tanzania Annual Inflation Stayed at 3% in January 2024

The National Bureau of Statistics of Tanzania (NBS) revealed that the Annual Headline Inflation Rate for January 2024…

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Tanzania Tourist Arrivals Reached Record-Breaking 1.8 Million in 2023

The Bank of Tanzania (BOT) released its Monthly Economic Review-January 2024 which covers key macroeconomic indicators for the…

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TIC Records $422 Million in Investments for January 2024, Marking a...

The Tanzania Investment Centre (TIC) has released its Investment Bulletin for January 2024 which indicates that a total…

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Bank of Tanzania Reports Strong Economic Growth: Mainland Tanzania GDP Grew...

The Central Bank of Tanzania (BOT) has recently issued its Monetary Policy Statement, Mid-Year Review 2023/24 for submission…

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Tanzania Annual Inflation Stayed at 3% in February 2024

The National Bureau of Statistics of Tanzania (NBS) revealed that the Annual Headline Inflation Rate stagnated at 3.0%…

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WB Tanzania Economic Update 2024: Population Will Double by 2050, People...

The World Bank (WB) has recently released its 20th Tanzania Economic Update (TEU) under the title “Overcoming Demographic…

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Survey Reveals Tanzanian Business Concerns: Taxation Poses Barrier to Growth

Tanzania’s leading research institution REPOA, recently disclosed pivotal findings from a comprehensive study investigating the ramifications of taxation on…

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Tanzania Exports Up by 14.8% in The Year Ending January 2024

The Bank of Tanzania (BOT) released its Monthly Economic Review-February 2024 which covers key macroeconomic indicators for the…

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Moody’s Upgrades Tanzania to B1 from B2 and Expects Continued Robust GDP Growth

On 22nd March 2024, credit rating agency Moody’s Ratings (Moody’s) upgraded the Government of Tanzania’s long-term issuer ratings…

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China-Tanzania Investment Forum Strengthens Bilateral Economic Ties With MOUs

The China-Tanzania Investment Forum held in Dar es Salaam on March 27, 2024, proved to be a pivotal…

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Bank of Tanzania Sets Policy Rate at 6% for Q2 2024, Q1 GDP Growth Reaches 5.1%

The Monetary Policy Committee (MPC) of the Central Bank of Tanzania (BOT) at its meeting on 3rd April…

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Tanzania Annual Inflation Remained at 3% in March 2024

The National Bureau of Statistics of Tanzania (NBS) revealed that the Annual Headline Inflation Rate stagnated at 3.0%…

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Tanzania Exports Up by 14.7% in The Year Ending February 2024, Tourism...

The Bank of Tanzania (BOT) released its Monthly Economic Review-March 2024 which covers key macroeconomic indicators for the…

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Tanzania-Turkey Forge $1 Billion Trade Pledge in President Samia Suluhu’s...

Tanzania’s President Samia Suluhu Hassan embarked on a significant state visit to Turkey from the 17th to the…

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Tanzania to Benefit From $100 Million Trade Finance Initiative for SMEs

British International Investment (BII) and Citi have launched a USD 100 million risk-sharing facility to support trade finance…

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Tanzania and Saudi Arabia Explore Investment Opportunities and Strengthening...

Tanzania’s Minister of Industry and Trade, Hon. Dr. Ashatu Kijaji, met with Saudi Arabian business leaders and government…

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