Tanzania Business News

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Tanzania Business News

Business and investment news from Tanzania, updated daily.

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Tanzania Transport

Request For Provision Of Consultancy Services For Supervision Of Works Contracts For Rehabilitation Of The Central Railway Track Between Dar Es Salaam And Tabora

The Reli Asset Holding Company (RAHCO), Tanzania’s state-owned company in charge to develop, manage and maintain rail infrastructure and to provide rail transport services through Joint Venture, Concession and the

Tanzania Economy

Exclusive Interview With Joseph Sheffu, Country Managing Partner of Ernst & Young (EY) Tanzania

TanzaniaInvest interviewed Mr. Joseph Sheffu, Country Managing Partner of EY Tanzania, a global leader in assurance, tax, transactions and advisory services. Sheffu discuss the state of the Tanzanian economy, the

Tanzania Real Estate

Exclusive Interview With Nehemiah Kyando Mchechu, Director General of Tanzania’s National Housing Corporation (NHC)

TanzaniaInvest had the pleasure on interviewing Nehemiah Kyando Mchechu, Director General of Tanzania’s National Housing Corporation (NHC), the Government’s company established to undertake an array of business in real estate.

Tanzania Tourism

Tanzania Tourism Sector Report 2015: Record Of Arrivals In 2014

The Tanzanian tourism sector plays a significant role in the Tanzanian economy. According to the Permanent Secretary of the Tanzania Ministry of Tourism and Natural Resources, Dr. Adelhelm Meru, in 2014

Tanzania Real Estate

Tanzania Real Estate Sector Report: Booming Housing

The Tanzanian real estate sector has been growing sensibly in the recent years accompanied by a strong and sustained economic growth averaging 7%, a fast growing population of 50 million

Tanzania Tourism

Interview With Dr. Adelhelm Meru, Permanent Secretary Of The Tanzania Ministry Of Natural Resources And Tourism (MNRT)

TanzaniaInvest interviewed Dr. Adelhelm Meru, Permanent Secretary of the Tanzania Ministry of Natural Resources and Tourism (MNRT), to learn about the role of the Tanzanian tourism sector in the country’s economic development,

Tanzania Energy

Tanzania Announces Land Acquisition In Lindi To Construct First LNG Gas Terminal

The Tanzanian government has recently acquired an approximately 2,070 hectares land at a total investment of TZS 12 billion (USD 6 million) in Lindi town in Tanzania’s coastal southern region,

Tanzania Telecoms

Tanzania Telecommunications Company Announces Restructuring Plan To Boost Broadband Services

Tanzania Telecommunications Company Limited (TTCL), Tanzania’s oldest voice and data communications provider in which the government holds a 65% stake, has recently announced a five-year restructuring plan which includes the

Tanzania Energy

Tanzania Petroleum Development Corporation Signs Gas Sales Agreement For Delivery From Kiliwani North Offshore Field

The Tanzania Petroleum Development Corporation (TPDC) has recently signed a Gas Sales Agreement (GSA) for delivery of natural gas from Kiliwani North (KN-1) gas field off the coast of Tanzania

Tanzania Energy

Sweden And UK Sign Memorandum Of Understanding To Fund Tanzania Rural Electrification Programme

The Swedish International Development Agency (SIDA) and the British Department for International Development (DFID) have recently signed a memorandum of understanding (MoU) for TZS 241 billion, to improve electrification of

Tanzania Transport

Japan To Assist Tanzania In Improving Roads Infrastructure To Boost Trade

The Governments of Tanzania and Japan have recently organized a one-day event in Dar es Salaam to share and exchange experiences in quality infrastructure development to provide Tanzanian companies with

Tanzania Banking

Mkombozi Commercial Bank 2015 Results Show 9% Interest Income Growth

Mkombozi Commercial Bank (DSE: MKCB) has recently published is financial results for the quarter ended on 31 December 2015, showing a growth of 9. 1% of its Net Interest Income

Tanzania Mining

Tanzania Mining Company Surpasses 2014 Gold Production After Strong Q4-2015

Gold mining business Acacia Mining Plc (LSE:ACA, DSE:ACA) has recently released its Q4-2015 results reporting a strong gold production that has led the company to beat last year’s output despite

Tanzania Trade

Dar es Salaam Port Named Best For Performance In East Africa In 2015

The Shippers Council of Eastern Africa (SCEA), a business membership organization formed to improve policy and trade environment in East Africa, has recently announced that Dar es Salaam Port in

Tanzania Tourism

Tanzania To Increase Tourism Budget In 2016, Minister Maghembe says

The Tanzanian government has recently announced that an increase in the tourism sector’s budget will be undertook in 2016 aiming at creating new products and attracting more tourists to the