Tanzania Investment and Consultant Group Ltd

| Economic Research Centre

Transformative Investments in TANROADS' Top 10 Projects 2015–2021
TANROADS’ top 10 infrastructure projects, valued at 1,846.422 Billion TZS, highlight a strategic focus on transformative investments between 2015 and 2021. The J.P. Magufuli Bridge, the most expensive project at...
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Strategic Growth in TANROADS Investments 2015–2021
Between 2015 and 2021, TANROADS has strategically increased infrastructure investments, focusing on high-value projects to drive Tanzania's economic growth. Over this period, the total investment reached 3,264.173 Billion TZS, with...
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Tanzania's Banking Sector in 2023
Tanzania's banking sector demonstrated robust growth and stability in 2023, with total assets rising by 17.8% to TZS 54,396 billion, driven by increased deposits, borrowings, and retained earnings. Deposits surged...
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Tanzania's Financial Sector as a Resilient Engine of Economic Growth
Tanzania's financial sector, led by the banking sub-sector, continues to drive economic growth, accounting for over 70% of the sector's total assets. In 2023, the sector demonstrated remarkable resilience and...
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TRA Zanzibar Revenue Growth 1996/24 From TShs 16.7 B to TShs 356 B
Between 1996/97 and 2021/22, revenue collections by the Tanzania Revenue Authority (TRA) in Zanzibar have shown significant growth, rising from TShs 16,671.4 million to TShs 356,042.2 million. This equates to...
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Tanzania’s Agricultural Backbone Insights from the 2022/23 Survey
The Annual Agricultural Sample Survey (AASS) 2022/23 reveals that agriculture remains vital to Tanzania’s economy, with 8.97 million households engaged in farming, of which 98.3% produce crops and 60.6% rear...
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Tanzania’s Manufacturing Drives Growth Amid Mixed Sector Performance
The National Bureau of Statistics report on Tanzania's Industrial Production Index (IIP) for Q2 2024 reveals a promising increase of 6% in overall industrial production from Q1 to Q2, moving...
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Tanzania's Total Expenditure and Net Lending Trends 2000-2024
Tanzania has witnessed an extraordinary rise in government expenditure over the past two decades, growing from TZS 65.4 billion in 2000 to TZS 3,788.0 billion in 2024, marking a staggering...
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Tanzania's Remarkable Growth in Income Tax Collections 2000-2024
Tanzania has experienced significant progress in its income tax collections, with an overall growth of 9,400% from TZS 14.9 billion in 2000 to TZS 1.41 trillion in 2024. Early efforts...
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Tanzania’s Rising Investment in Development Projects (2000-2024)
Over the past 24 years, Tanzania has dramatically increased its investment in development projects, with loan amounts rising by an impressive 8,800% from TZS 12.5 billion in 2000 to a...
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