Tanzania stands at a crossroads, poised to become East Africa’s trade powerhouse but held back by systemic barriers that stifle small and medium enterprises (SMEs), which drive 35% of GDP...
The Finance Act, 2025, underpins Tanzania’s ambitious TZS 56 trillion budget, aiming to drive economic development through enhanced revenue collection, investment incentives, and sectoral support. With GDP growth projected at...
Tanzania’s revenue collection, particularly through taxes on businesses and services, has seen steady improvement, yet challenges like tax evasion and administrative inefficiencies persist. The 2024/2025 budget of TZS 49.35 trillion...
Tanzania’s 2024/2025 budget of TZS 49.35 trillion (USD 18.85 billion) achieved a commendable 5.5% real GDP growth, surpassing the 5.4% target, by collecting TZS 45.07 trillion (89.6% of TZS 50.29...
In 2024/2025, Tanzania’s TZS 49.35 trillion budget achieved 5.5% real GDP growth, collecting TZS 45.07 trillion (89.6% of target) and spending TZS 15.75 trillion on development, including TZS 1.68 trillion...
Tanzania’s combined external debt of USD 35.51 billion and domestic debt of TZS 34,759.9 billion as of April 2025 supports critical sectors like infrastructure (21.5% of external debt) and social...
Tanzania’s public expenditure in March 2025, totaling TZS 3,375.1 billion, allocates 41.7% (TZS 1,406.7 billion) to development projects and 58.3% (TZS 1,968.4 billion) to recurrent spending, reflecting a moderate commitment...
In April 2025, Tanzania faced a surge in food inflation to 5.3%, up from 1.4% in April 2024, driven by weather-induced supply volatility and logistics challenges, as reported in the...
In April 2025, Tanzania’s tourism sector recorded an 11.5% increase in arrivals to 2,162,487, generating USD 3,842.6 million in services receipts, a 7.1% rise from ~USD 3,589.9 million in 2024,...
Tanzania’s affordable cost of living, with 2025 monthly expenses of 1,240,012.4 TSh for a single person and 4,293,375 TSh for a family of four (excluding rent), alongside low rents like...