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...
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...
The insurance market in Tanzania plays a crucial role in supporting economic stability and protecting individuals and businesses against risks. However, effective management of liabilities—such as claims reserves, underwriting reserves,...
Personal remittances from Tanzanians abroad play a vital role in supporting Tanzania's secondary income, with average quarterly transfers rising from around $90 million in 2013-2016 to approximately $138-$182 million in...
From 2017 to 2023, the Tanzanian shilling consistently depreciated against the US dollar, with end-of-quarter rates rising from 1,629.6 to 2,175.3 TZS/USD. This gradual depreciation reflects economic pressures, including trade...
This research provides an in-depth look at the trends in foreign direct investment (FDI) inflows into Tanzania, revealing both stability and fluctuations over recent years. Quarterly FDI ranged from $216...
In October 2024, Tanzania’s external sector demonstrated notable resilience, driven by robust export growth and a substantial narrowing of the current account deficit. Key contributors include a rise in tourism...
In October 2024, Tanzania’s financial markets exhibited mixed dynamics across Treasury securities and the foreign exchange landscape, reflecting broader economic pressures and investor caution. Treasury bill yields rose to 10.85%...
Tanzania has witnessed remarkable growth in tax revenues from 1996/97 to 2023/24, with total revenue increasing significantly across all major tax categories. For instance, Pay As You Earn (P.A.Y.E.) surged...
The fiscal year 2023/24 marked significant growth in Tanzania's financial sector, with bank deposits increasing by 17.7% to TZS 35,544.2 billion, largely due to enhanced public confidence and innovative financial...
