Opportunities, Challenges, and the Road to 2030 Small and Medium Enterprises (SMEs) are the backbone of Tanzania’s economy, accounting for 35% of the Gross Domestic Product (GDP) and providing 50%...
Growth, Challenges, and Future Prospects Introduction The banking and finance sector in Tanzania has transformed significantly over the past two decades, with growth fueled by regulatory changes, digital innovations, and...
The mobile money sector in Tanzania has experienced strong and continuous growth, with total transactions rising by 9% from 285.5 million in June 2024 to 310.9 million in September 2024....
In Tanzania, mobile money services have experienced significant growth, with the number of mobile money accounts rising by 9% from 55.7 million in June 2024 to 60.8 million in September...
Tanzania's internet landscape is rapidly expanding, primarily driven by mobile networks. The total number of internet subscriptions rose by 5%, from 39.3 million in June 2024 to 41.4 million by...
As of September 2024, Tanzania's telecommunications sector continues to expand rapidly, with mobile subscriptions reaching 80.7 million, a 5.4% increase from June's 76.6 million. Leading operators like Vodacom, Tigo, and...
The Bank of Tanzania's Statement of Financial Position as of September 30, 2024, reflects significant developments in the country's economic landscape. Total assets grew by 1% to TZS 25.86 trillion,...
Tanzania's external sector performance in August 2024 reflects a positive trajectory, with a narrowing current account deficit driven by strong export growth and robust performance in the services sector. While...
In August 2024, Tanzania's financial market displayed mixed but stable performance, with rising yields on government securities reflecting higher returns for investors, while the interbank cash market showed increased short-term...
In August 2024, Tanzania’s financial sector displayed a stable interest rate environment, with lending rates remaining steady while deposit rates saw a slight increase. The overall lending rate stood at...