Tanzania Diamonds and Tourism Up in Q4 2017, Gold Down
The Bank of Tanzania (BOT) recently published its Economic Bulletin for Q4 2017 showing a growth in diamond production and in tourist arrivals and a decline…
Tanzania News: Business – Investments – Economy
Tanzania Grant First License for Graphite Processing Plant
Magnis Resources Limited (Magnis) (ASX: MNS) of Australia announced that an agreement has been reached with the Government of Tanzania (GOT) on amendments to the…
Stanbic Bank to Promote Participation of Women in Senior Leadership Roles in Tanzania
Stanbic Bank Tanzania has launched a women mentorship program dubbed ‘Ignite’, which aims to promote and empower the success of women in senior leadership roles within the…
Tanzania Exports Up +26.9% in Year End January 2018
The Bank of Tanzania (BOT) Monthly Economic Review of February 2017 indicates that earnings from export of goods and services increased by 26.9% to USD 225.9…
Tanzania Inaugurates USD 29 Million Cigarette Factory
Tanzania’s President John Magufuli has inaugurated on 15th March 2018 Philip Morris’s new cigarettes factory in Tanzania.
Moody’s Assign Tanzania B1 High Credit Risk Rating
Moody’s Investors Service (Moody’s) has assigned in early March 2018 a first-time local- and foreign-currency issuer rating of B1 to the Government of Tanzania.
Tanzania Mortgage Market Growth Slowed in 2017
The mortgage market in Tanzania registered a growth of 6% in 2017, compared to a growth rate of 16% in 2017, the Tanzania Mortgage Refinance…
Tanzania Annual Inflation Slightly Increase to 4.1% in February 2018
The National Bureau of Statistics of Tanzania (NBS) indicates that Annual Headline Inflation Rate for the month of February 2018 has slightly increased to 4.1% from…
Tanzania Largest Gold Producer Trying to Sell Off
Acacia Mining (LSE: ACA), the largest gold producer in Tanzania, issued an announcement confirming that it has commenced a process to explore the value to…
Tanzania Exports Up +7.7% in 2017
The Bank of Tanzania (BOT) Monthly Economic Review of January 2018 indicates that the country’s earnings from export of goods and services in 2017 increased by…