The Q3 2024 Index of Industrial Production (IIP) highlights a 5.5% quarterly growth in Tanzania's industrial sector, driven primarily by robust manufacturing performance. While sectors like beverages, tobacco, and non-metallic...
The Bank of Tanzania's financial position for November 2024 reflects a delicate balance between supporting fiscal needs and maintaining economic stability. Key changes include a 2.5% decline in total assets...
In 2024, Tanzania’s external sector demonstrated significant improvement, marked by a narrowing of the current account deficit, strong export performance, and a robust recovery in tourism. Key drivers such as...
As of October 2024, Tanzania's financial markets have exhibited mixed but resilient performance. The government securities market showed a preference for long-term bonds, while short-term Treasury Bills faced under subscription....
Tanzania's monetary policy in the fourth quarter of 2024 demonstrated a strategic approach to sustaining economic growth while maintaining price stability. The Bank of Tanzania (BoT) maintained a stable policy...
In 2023, Tanzania’s Local Government Authorities (LGAs) disbursed TZS 43.94 billion in loans to women and youth, benefiting over 23,000 recipients. This funding, part of a government initiative to promote...
Digital loans have experienced significant growth in Tanzania, driven by mobile technology, increased phone ownership, and partnerships between banks, microfinance institutions, and mobile network operators (MNOs). Key Statistics Key Drivers...
In 2023, access to finance for MSMEs in Tanzania saw significant growth, with the number of MSME loan accounts rising by 21.9% to 176,213 and total loan values increasing by...
Between 2019 and 2023, Tanzania's financial landscape experienced remarkable growth, with total financial access points increasing by 130%, from 609,956 in 2019 to 1,402,609 in 2023. This expansion was driven...
Tanzania’s tourism sector has demonstrated remarkable resilience and growth over the past decade. From steady increases in visitor numbers pre-COVID-19 to a sharp decline during the pandemic, the industry has...
