Tanzania moved 7 positions down, from 137 in 2017 to 144 in 2018, in the latest World Bank (WB) Ease of Doing Business report issued in October 2018.
The WB measures the regulations of 190 countries affecting key areas of the life of a business, including getting electricity and getting credit, among others.
In the 16th edition of the report titled “Doing Business 2019 – Training for Reform”, the WB stresses that Tanzania made starting a business easier by launching online company registrations.
However, in the overall Starting a Business ranks, Tanzania ranks 163th and is affected by long procedures for Dealing with Construction Permits (150th), and Registering Property (146th).
Putting things in perfective, in the report Kenya ranked 61th overall, 126th for Starting a Business, 128th for dealing with construction permits, and 122th for Registering Property.