Tanzania Financial Stability Under Threat, IMF Warn
On 6th December 2018, the International Monetary Fund (IMF) has published its latest Financial System Stability Assessment for Tanzania, based on the work of the…
Tanzania News: Business – Investments – Economy
Construction of Tanzania-Kenya Highway to Begin in Early 2019
China’s official state-run press agency Xinhua recently reported that the construction of the coastal highway linking the towns of Malindi in Kenya to Bagamoyo in…
Tanzania Ban Genetically Modified Crop Trials
On November 21st, 2018, the Ministry of Agricultural of Tanzania has instructed the Tanzania Institute for Agricultural Research (TARI) to terminate Genetic Modified Organism-GMOs at…
Denmark Withhold USD 9.8 Million Support to Tanzania
On 30th November 2018, the Embassy of Demark to Tanzania issued a press release to inform that it has decided to withhold until further notice…
New Chinese Bank Open Doors in Tanzania
On 26th November 2018, the Bank of Tanzania (BOT) issued a notice to the general public to inform that it has issued a banking business…
Tanzania Launch Electronic Visa and Residence Permit
Tanzania just launched its electronic visa and residence permit services for foreign nationals wishing to visit or live in Tanzania.
AfDB Approve USD322 Million for Road Upgrade in Tanzania and Burundi
The Boards of Directors of the African Development Bank Group (AfDB) have approved USD322.35 million loans and grant to Tanzania and Burundi to finance the Kabingo-Kasulu-Manyovu…
Tanzania Win Best Tourist Destination Award in Russia
The Ministry of Foreign Affairs and East African Cooperation of Tanzania issued a press release on 21st November 2018, informing that the country won the…
Tanzania to Establish First Vehicles Assembly Plant
IPP Group of Tanzania has signed a Memorandum of Understanding (MoU) with Youngsan Glonet Corporation of Korea for the local assembly of commercial and non-commercial…
Tanzania Trade Deficit Widens in September 2018
The Bank of Tanzania (BOT) Monthly Economic Review of October 2018 indicates that the country’s overall balance of payments was a deficit of USD 276.4…