Tanzania Business News

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Tanzania Business News

Business and investment news from Tanzania, updated daily.

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Tanzania Tourism Sector

Interview with Devota Mdachi, Ag. Managing Director Of The Tanzania Tourism Board (TTB)

TanzaniaInvest interviewed Devota Mdachi, Acting Managing Director of the Tanzania Tourist Board (TTB), to learn about the Tanzania tourism products, the marketing strategy and the investment opportunities available in this

Tanzania Economy

CCM Presidential Candidate Dr. John Magufuli Proclaimed New President of Tanzania: Gas Industry To Receive Boost

Chama Cha Mapinduzi (CCM) political party’s presidential candidate, Dr. John Magufuli, has been recently declared by the Tanzanian National Electoral Commission (NEC) as the winner of the general elections held

Tanzania Energy Sector

Mnazi Bay Exploration Partners Receive First USD 3.8 Million Payment For Gas Sales To Tanzania Transnational Pipeline

Wentworth Resources Limited (OSE:WRL), a Norwegian energy company focused in Tanzania and Mozambique, has recently announced that a first gross payment of USD 3.8 million has been received from Tanzania

Tanzania Insurance Sector

Sanlam Group To Develop Tanzania Insurance Industry With NIKO Rebranding

Sanlam Group (JSE:SLM), a South Africa based provider of life and general insurance and financial services with focus on emerging markets, has recently announced the rebranding of NIKO Insurance Tanzania

Tanzania Capital Markets

Dar es Salaam Stock Exchange Weekly Report: November 16th – 20th, 2015

According to CORE Securities Dar es Salaam Stock Exchange (DSE) Weekly Market Report for the week ended Friday November 20th 2015, the market total turnover was TZS 4,288,383,900.

Tanzania Energy Sector

Dutch Company To Extend Solar Power Micro-Grids In Rural Tanzania

Developing Energy (Devergy), a Netherlands-based developer of solar power micro-grids, has recently received an investment from three global institutions to develop, implement and test high efficient, reliable and affordable solar

Tanzania Trade

Tanzania Undertakes Second Diagnostic Trade Integration Study To Boost Trade Sector

The Tanzanian Ministry of Industry and Trade (MIT) has recently met with representatives from the World Bank (WB), business associations, civil society, and development partners to conduct the second Diagnostic

Tanzania Banking Sector

Ecobank Tanzania Celebrates Its Anniversary By Renovating Ligula Hospital Children’s Ward

On November 14th, 2015, Ecobank, the leading independent pan-African banking with a presence in 36 African countries, celebrated its 27 years of operations through social initiatives aimed at improving the

Tanzania Economy

European Union Sets Aside EUR 626 Million Fund For Development Projects In Tanzania Towards 2020

The European Union (EU) Delegation to Tanzania, through the European External Action Service (EEAS), has recently set aside a EUR 626 million fund for development projects in the country towards

Tanzania Economy

Tanzania Monthly Economic Review: October 2015: Dependency From Oil Imports Reduced By 7.0%

Tanzania Monthly Economic Review published by the Bank of Tanzania (BOT) provides the latest data on inflation, money supply, interest rates, exchange rates, current account, exports and imports.

Tanzania Industry

Dangote Starts Operations At Its New Cement Plant In Mtwara, Tanzania

Dangote Cement has recently started operations at its new USD 500 million cement plant in Mtwara district, Tanzania’s south eastern region which was and that aims at making the country