Tanzania’s electricity price, at $0.087 per kWh, positions it as a cost-effective choice within East Africa, balancing affordability and infrastructure development. Cheaper than Uganda, Rwanda, and Kenya, but higher than...
Tanzania’s inflation rate of 3.0% in October 2024 highlights its remarkable economic stability, outperforming many African countries. With projections of further decline to 2.5% by 2026, Tanzania’s prudent fiscal and...
As of September 2024, Tanzania's total external debt reached USD 32.89 billion, accounting for 73% of the country’s total national debt. The central government held the largest share of external...
As of 31 October 2024, the Bank of Tanzania reported a 0.70% growth in total assets, reaching TZS 26.04 trillion, up from TZS 25.86 trillion in September. Key drivers included...
Tanzania’s outstanding IMF credit of $853.3 million positions it as the third-largest borrower among East African Community (EAC) members, following Kenya ($3.02 billion) and Uganda ($992.8 million). This figure underscores...
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...
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...
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...
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...
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...
