Supporting Economic Stability and Growth Tanzania's lending and deposit interest rates in November 2024 reflected a stable financial environment conducive to economic growth. The overall lending rate remained unchanged at...
Remittance flows play a pivotal role in Tanzania's economic landscape, contributing $757 million in inward remittances in 2024, equivalent to 1.0% of GDP. While the country lags behind regional peers...
IntroductionPublic-Private Partnerships (PPPs) are central to Tanzania’s strategy for achieving sustainable development and economic transformation. Through innovative financial models and collaboration, the government aims to address infrastructure, energy, and social...
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...
