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Tanzania Most Resilient Economy In Africa, EY Indicates
In its latest Africa Attractiveness Index (AAI) of May 2017, multinational professional services firm EY ranked Tanzania N1 for economic resilience. Introduced in 2016, the AAI measures the relative...
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Tanzania Exports Shrink 3% in March 2017 but Gold and Cashew Nuts See Strong...
The Bank of Tanzania (BOT) published its Monthly Economic Review of April 2017, showing that the annual export value of Tanzanian goods and services amounted to USD 8,921.7 ending March 2017, about...
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Tanzania Annual Inflation Decrease to 6.1% in May 2017
The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate decreased to 6.1% in May 2017 from 6.4% recorded in April 2017. The NBS explains that the speed of...
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Tanzania Draft Budget 2017/18: TZS 12 Trillion for Development Expenditure
The government of Tanzania plans to mobilize and spend TZS 31,712.0 billion in the 2017/18 budget, the Minister for Finance and Planning, Hon. Dr. Philip Mpango explained when presenting to the...
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Tanzania Exports Down 6% in Year Ending April 2017, Cashew Nuts Up 83%
The Bank of Tanzania (BOT) published its Monthly Economic Review of May 2017, showing that the annual export value of Tanzanian goods and services amounted to USD 8,753.3 million in the year ending...
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Tanzania GDP Grew 7% in 2016
In 2016, the GDP of Tanzania grew by an average of 7.0%, the same as in 2015, the National Bureau of Statistics (NBS) indicates in its latest Economic Survey Publication. The high GDP growth was due to...
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IMF: Tanzania Should Create Better Business Environment
On 23rd June 2017, the Executive Board of the International Monetary Fund (IMF) completed the 6th review of Tanzania’s economic performance under its Policy Support Instrument (PSI) program. The PSI is...
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Tanzania Annual Inflation Decrease to 5.4% in June 2017
The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate decreased to 5.4% in June 2017 from 6.1% recorded in May 2017. The NBS explains that the speed of...
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Tanzania Annual Inflation Further Decrease to 5.2% in July 2017
The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate decreased to 5.2% in July 2017 from 5.4% recorded in June 2017. After a peak of .4% in April and...
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Tanzania Exports Down 6% in Year Ending May 2017, Gold and Tourism on the Rise
The Bank of Tanzania (BOT) Monthly Economic Review for May 2017 indicates that the annual export value of Tanzanian goods and services amounted to USD 8,774.9 million in the year ending May 2017, -6.2%...
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UK Pledge USD 450 M to Support Tanzania Development
The United Kingdom will provide USD 450 million to support various development projects in Tanzania. The announcement was made on 23rd August 2017 by Rory Stewart, Minister of State for Africa at the...
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Tanzania GDP Slow Down to 5.7% in Q1 2017
Tanzania’s GDP expanded at a growth rate of 5.7% in the first quarter of 2017 compared to a revised growth rate of 6.8% observed in the first quarter of 2016. The results were included in the recently...
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Tanzania Annual Inflation Further Decrease to 5% in August 2017
The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate decreased to 5% in August 2017 from 5.2% recorded in July 2017. NBS explains that the decrease is...
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Tanzania Business Environment Survey: Taxes Major Issue
A recent survey on the business environment of Tanzania indicates that investors are concerned with high taxation and inadequate infrastructure. TanzaniaInvest.com has conducted an anonymous survey on...
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Tanzania Economic Growth Remain Strong But Is Expected to Soften
The World Bank (WB) recently published its 16th edition of the Africa’s Pulse, a biannual analysis of African economies, confirming the robust growth of Tanzania. However, the GDP growth of Tanzania...
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Taxes, Financing, Infrastructure Major Challenges to Tanzania Competitiveness
The World Economic Forum (WEF) has published its Global Competitiveness Index 2017–2018, covering 137 economies. The report measures national competitiveness, defined as the set of institutions,...
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Tanzania Annual Inflation Increase to 5.3% in September 2017
The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate increased to 5.3% in September 2017 from 5.0% recorded in August 2017. NBS explains that the...
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Tanzania Annual Inflation Decrease to 5.1% in October 2017
The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate for the month of October 2017 has decreased to 5.1% from 5.3% recorded in September 2017. NBS...
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Tanzania Annual Inflation Decrease to 4.4% in November 2017
The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate for the month of November 2017 has decreased to 4.4% from 5.1% recorded in October 2017. The...
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Tanzania Exports Down -17% in Year Ending September 2017, Tourism Up +8%
The Bank of Tanzania (BOT) Monthly Economic Review of October 2017 indicates that the annual export value of Tanzanian goods and services amounted to USD 175.6 million in the year ending September...
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