Economic

Credit extended to the private sector in Tanzania has continued to record strong growth backed by improved business conditions, and...

The East African Community (EAC) secretariat has issued the approved measures on import duty rates in the EAC Common External...

The Bank of Tanzania (BoT) is set to shift to an interest rate-based monetary policy framework that focuses on interest...

Deposits mobilized by banks grew by 13.2 percent to reach 27.82trn/- at the end of March 2023 from 24.5trn/- recorded...

The volume of cargo handled at major sea and lake ports in Tanzania increased by 26 percent to 6.5 million...

Inflation and the tight monetary policy that has been in place over the past 18 months are driving the global...

Africa’s trade volumes slowed sharply by 2.7 percent in 2022 from 10 percent in 2021, following global output deceleration occasioned...

Tanzania’s current account deficit almost doubled to $4.41 billion from July 2022  to April 2023, compared with the corresponding period...

The Board of Directors of the African Development Bank (AfDB) Group has approved a $107.8 million loan to Tanzania to...

Tanzania plans a 7% increase in overall government spending in the next fiscal year during which it will prioritise spending...