Economic

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...

East African Community (EAC) countries expect overall national government spending to rise in the upcoming financial year (July 1 to...

The East African Community (EAC) has tabled before the East African Legislative Assembly (EALA) the budget estimates for the 2023/2024...

Investors’ appetite for the 15-Year bond continued to exhibit relatively lower subscription levels compared to the 20-Year and 25- Year...

Fitch Ratings has assigned Tanzania a Long-Term Foreign-Currency Issuer Default Rating (IDR) of 'B+' with a Stable Outlook. According to...

Zanzibar’s import bill increased to $584 million in April 2023, from $438.3 million recorded during the corresponding period last year...

The African Development Bank (AfDB) Group and the Republic of Tanzania have launched the Skills Development for Youth Employability in...

Zanzibar’s current account registered a deficit of $353.8 million during April,2023 as compared with a deficit of $258.8 million recorded...