Economic

Tanzania and Nigeria alongside other developing countries spent $443.5 billion to service public debt amid surge in interest rate, according...

The US dollar is poised for its worst year since the onset of the pandemic, as Wall Street bets the...

East African Community (EAC) member states are trading more with countries outside the bloc owing to persistent trade disputes and...

The World Bank has approved two separate loans worth about $1.14 billion combined to Tanzania to support its private sector,...

Tanzania’s foreign exchange reserves remained adequate at about USD 5 billion in November 2023, sufficient to cover more than 4...

Over the past two decades, Tanzania has exhibited robust economic growth, surpassing many developing countries, even weathering the COVID-19 pandemic...

Fitch Ratings has affirmed Tanzania's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B+' with a Stable Outlook. Tanzania's rating reflects...

Regional trade lobby, East African Chamber of Commerce, Industry and Agriculture (EACCIA), is pushing for the elimination of more non-tariff...

Boasting an abundance of renewable resources, East Africa has garnered substantial attention from major international players within its clean energy...

Zanzibar’s current account registered a deficit of $447.7 million during October this year from a deficit of $362.8 million recorded...