Economic

Tanzania’s foreign exchange reserves stock fell to $4.88 billion in September this year from $4.96 billion recorded at the end...

The Tanzanian authorities and IMF staff have reached a $150 million staff-level agreement on economic policies to conclude the second...

Tanzania’s foreign currency condition is expected to continue improving in the wake of foreign exchange inflows from tourism, export crops...

The East African Community Competition Authority (the EACCA) has signed a Memorandum of Understanding (MoU) with Tanzania’s Fair Competition Commission...

Tanzania’s growth in the first and second quarters this year remained satisfactory, at 5.4 percent and 5.2 percent, respectively, and...

The East African Business Council (EABC) has entered partnership with the GIZ ‘Support to East African Integration’ Programme for Phase...

ECONOMIC: https://thebusinesswiz.co.tz/2023/10/27/tanzanias-current-account-deficit-narrows-to-4-02-billion-in-august-on-tourism-earnings/ MARKETS: https://thebusinesswiz.co.tz/2023/10/27/dar-bourse-records-net-foreign-outflow-of-11-2bn-in-september-2023/ MINING: https://thebusinesswiz.co.tz/2023/10/24/shanta-golds-production-hits-27-935-ounces-in-q3-2023/ FINANCE: https://thebusinesswiz.co.tz/2023/10/24/why-mobile-money-users-in-tanzania-are-switching-back-to-cash-payments/ CURRENCIES: https://thebusinesswiz.co.tz/2023/10/24/bitcoin-hits-35000-for-first-time-since-2022-on-etf-optimism/

The International Finance Corporation (IFC) has given Tanzania, Kenya and the Democratic Republic of Congo (DRC) businesses $2.9 billion in...

Tanzania’s current account deficit narrowed to $4.02 billion in August this year as compared to $4.26 billion recorded during the...

The East African Community (EAC) has applauded the decision by the Republic of Uganda and the Democratic Republic of Congo...