Tanzania News: Business – Investments – Economy
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Tanzania Annual Inflation Decrease to 3.2% in October 2018
The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate for October 2018 has slightly decreased to 3.2% from 3.4% recorded…
Tanzania Saw Strong Growth in FDI Projects in 2017
Global services from EY has recently published the 8th edition of its annual Africa Attractiveness report, a key source of insight on foreign direct investment…
Tanzania Down 7 Positions in WB Ease of Doing Business Ranking
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…
Stanbic Bank Introduce Uhuru Banking with Zero Management Fee
Stanbic Bank Tanzania has launched Uhuru Banking, a new, digitized and simplified way of banking for the Tanzanian market.
Tanzania Receive Application for Coal-Fired Power Projects
Edenville Energy plc (AIM: EDL), the company developing a coal project in southwest Tanzania, announced that on 19 October 2018 the documentation for the Request…
World Bank Deeply Concerned About Tanzania Statistics Law
On early October 2018, the World Bank (WB) issued a statement regarding recent developments related to Tanzania’s 2015 Statistics Act, which criminalize publication of official…
Banking in The Digital Era
By Charles Mhina, Head of Transactional Products and Services at Stanbic Bank Tanzania.
Tanzania International Trade Update August 2018
The Bank of Tanzania (BOT) Monthly Economic Review of August 2018 indicates that the country’s earnings from export of goods and services amounted to USD…
Bunyu Graphite Mining Project Receive License
Australian mining company Volt Resources (ASX:VRC) recently announced that it has formally received mining licenses ML 591/2018 and ML 592/2018 from the Mining Commission of…