Economic
Newly launched Arusha Bypass will boost tourism and trade says President Samia
The East African Community (EAC) Heads of State today officially launched the 42.4 km EAC Arusha Bypass that is part...
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Zanzibar exports double to $204.4 million in May on cloves and tourism
The value of exports of goods and services doubled to $204.4 million in Zanzibar during May 2022 compared as compared...
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Five issues business community wants EAC leaders to address
During a regional private sector session held Wednesday, July 20, a day before East African Community (EAC) leaders meet in...
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Government to introduce a fertilizer subsidy scheme for all farmers
The Government has announced plans to introduce a fertilizer subsidy scheme for all farmers in Tanzania as part of its...
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All set for the 22nd Ordinary EAC Heads of State summit in Arusha
Preparations are in high gear for the EAC Heads of State Retreat on the EAC Common Market and the 22nd...
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Fitch affirms Triple A-rating of the African Development Bank
Global credit rating agency Fitch Ratings affirmed the African Development Bank’s long-term credit rating: AAA with a Stable Outlook. This...
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IMF approves US$1.05 billion Credit Facility for Tanzania, plans to release $151.7 million immediately
The International Monetary Fund (IMF) Board has approved a SDR 795.58 million (about 1.05 billion) under the Extended Credit Facility...
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Inflation, debt, and forex crisis is pushing many African economies to the brink – IMF warns
The International Monetary Fund has warned of “economic collapse” in many African economies as the impact of the Russian-Ukraine war...
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OPEC sees slower 2023 oil demand growth, no big shale gain
OPEC expects global oil demand to rise in 2023 but at a slower pace than 2022, the producer group said...
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CRDB, IFC ink $100 million partnership deal to support SMEs
CRBD Bank has sealed a deal with one of its long-standing partner International Finance Corporation (IFC) that seeks to empower...
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