Tanzania to Benefit from AfDB Grants to Fight Covid-19
The African Development Fund (AfDB) just approved grants totaling USD 9.52 million to strengthen responses to the COVID-19 pandemic in East Africa and the Horn,…
Covid-19
Tanzania GDP to Grow 2.5% in 2020, WB Forecast
The World Bank (WB) recently released its 14th Tanzania Economic Update (TEU), forecasting economic growth to slow sharply in 2020, to 2.5% from the 6.9%…
IMF Approve USD 14.3 Million Debt Relief to Tanzania to Help Address Covid-19 Impact
On 19th June 2020, the Executive Board of the International Monetary Fund (IMF) approved a grant under its Catastrophe Containment and Relief Trust (CCRT) to…
Stanbic Bank Tanzania Provides Debt Relief to Over 265 Clients
In light of the growing economic impact attributed to the outbreak of the Coronavirus (COVID-19), Stanbic Bank Tanzania has announced debt relief for its clients…
Bank of Tanzania Introduce Measures to Cushion the Economy from the Impact of Covid-19
On 12th May 2020, the Bank of Tanzania (BOT) revealed in a statement the various policies approved by the Monetary Policy Committee (MPC) to cushion…
Covid-19 Ravage Tanzania Tourism and Logistic Sectors
The East African Business Council (EABC), the apex body of the private sector in East Africa, ha recently conducted a survey asking its members, and…
Kilimanjaro Airport to Export Tanzania Perishable Crops Despite Covid-19
A joint collaboration between the Tanzania Horticultural Association (TAHA), the Kilimanjaro Airports Development Company (KADCO), international freight forwarder Kuehne+Nagel, and Africa’s leading air carrier Ethiopian…
AfDB To Lend USD 10 Billion To African Countries To Fight COVID-19
The African Development Bank Group announced the creation of the COVID-19 Response Facility to assist regional member countries in fighting the pandemic.
Stanbic Bank Hand Over TZS 30 Million to the Medical Association of Tanzania to Fight Covid-19
Stanbic Bank Tanzania handed over TZS 30 million to the Medical Association of Tanzania (MAT). The donation is part of Stanbic Bank’s support to the…
Free Movements of Goods and Services in East Africa to Continue With Strict Screening Procedures Under COVID-19 Outbreak
The Ministers Responsible for Health and EAC Affairs of the six countries part of the East African Community met by video conference on 25th March 2020 to…