Tanzania has maintained stable inflation rates, averaging around 3% from December 2023 to December 2024, with minor increases to 3.1% during mid-2024. This consistency, compared to higher rates in neighboring...
Balancing Growth and Sustainability Tanzania’s government budgetary operations in October 2024 highlight steady progress in revenue collection, achieving 94.9% of the target, driven by robust tax revenues from imports and...
Stability and Growth in Focus Zanzibar's economy demonstrated resilience in November 2024, with headline inflation dropping to 4.5%, reflecting stable food prices and currency strength. Government revenues reached TZS 180...
In November 2024, the Bank of Tanzania maintained a cautious yet supportive monetary policy to ensure economic stability. With a 7-day Interbank Cash Market (IBCM) rate averaging 8.29%, slightly above...
The Tanzania Revenue Authority (TRA) demonstrated exceptional performance in the first half of the 2024/2025 fiscal year, consistently exceeding revenue targets with efficiency rates above 100% and achieving year-on-year growth...
The banking and finance sector in Tanzania is undergoing a remarkable transformation. Anchored by digital innovation, regulatory reforms, and increased financial inclusivity, this sector is driving significant economic growth. An...
Introduction Tanzania's recent tax reforms and policy adjustments are creating transformative shifts in its economic landscape. The fiscal year 2023/2024 witnessed a tax revenue increase of 14.47%, reaching TZS 27.64...
Tanzania stands at a pivotal moment in its economic evolution, with the employment landscape undergoing a gradual transformation from a predominantly informal workforce toward increased formalization. This shift promises enhanced...
Regional and Continental Insights Tanzania's recent activities with the International Monetary Fund (IMF) underscore its proactive approach to using external financing for economic growth and stability. As of December 25,...
Tanzania maintained a stable annual headline inflation rate of 3.0% in November 2024, reflecting effective monetary management. However, rising costs in key categories such as food and energy signal emerging...
