Economic

Tanzania’s foreign exchange reserves closed at $4.9 billion at the end of April 2023, down from $5.5 billion at the...

Tanzania’s inflation will remain low during the remainder of this year based on expected further decline in food and energy...

The World Bank will press for more grants and new capital from member countries, even as it leverages its balance...

Dar es Salaam, Djibouti and Berbera ports have toppled Mombasa in the World Bank’s latest ranking on the most efficient...

East Africa biggest economies including Tanzania, Kenya and Uganda are under pressure to review and renegotiate the pricing of close...

Zanzibar’s current account deficit widened by 47.9 percent to $359 million during March 2023, from the deficit registered in corresponding...

Tanzania’s Annual Headline Inflation Rate for the month of April, 2023 dropped to 4.3 percent from 4.7 percent recorded for...

Ethiopia has toppled Tanzania and Uganda as the leading destination of Kenya’s investment abroad, buoyed by the expansion of local...

The stock of Tanzania’s foreign reserves declined to $5.012 billion at the end of March 2023, from $5.581 billion recorded...

Kenya’s total exports to Tanzania posted the biggest growth among all East Africa Community (EAC) destinations in terms of absolute...