Tanzania Gas Demand to Grow Significantly in 2020, Company Estimate
PanAfrican Energy (PAET), Tanzania’s first natural gas producer, recently published its operational update for 2019, indicating an expected significant growth in the demand for gas…
Tanzania News: Business – Investments – Economy
Tanzania and Barrick Gold Formalize the Establishment of Twiga Minerals Corporation
On 24th January 2020, Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX) and the Government of Tanzania (GoT) signed the agreements to ratify the creation of…
London Hosted UK-Africa Investment Summit Sponsored by Standard Bank
On 20th January 2020, the UK hosted the UK-Africa Investment Summit in London, sponsored by Standard Bank, Africa’s largest banking group by assets.
3 Mining Companies Enter into Dispute with the Tanzanian Government
On 10th January 2020, Winshear Gold Corporation (TSX-V: WINS) notified the Attorney General of Tanzania that there exists an investment dispute between the company and…
Tanzania Mobile Money Transactions Value Increase by +5.9% in Q3 2019
According to the latest telecoms statistics for Q3 2019 published by the Tanzania Communications Regulatory Authority (TCRA), overall mobile money subscriptions (mobile money accounts) in…
Tanzania Annual Inflation Stay at 3.8% in December 2019
The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate for the month of December 2019 has remained at 3.8%,…
Tanzania Industry and Construction Sector Grew by 9.3% in 2018
The Central Bank of Tanzania (BOT) has recently published its Annual Report 2018-19, which includes an overview of the Industry and Construction sector in the…
Tanzania Gold Exports Up by 42% in November 2019
The latest Bank of Tanzania (BOT) Monthly Economic Review of December 2019 indicates that in the year ending November 2019, gold exports rose by +41.9%…
Bank of Tanzania 2018-19 Annual Report: Economic Performances
The Central Bank of Tanzania (BOT) has just published its Annual Report 2018-19, which entails an overview of the implementation of monetary policy, and a…
Tanzania Poverty Decline Between 2007 and 2018
The World Bank (WB) 2019 Tanzania Mainland Poverty Assessment report published in December 2019, notes that poverty decreased by 8% in 10 years, down from 34.4% in…