Tanzania Investment and Consultant Group Ltd

| Economic Research Centre

How has the TRA emerged as the pillar of the country’s domestic revenue growth?
In the first nine months of the 2024/25 fiscal year, the Tanzania Revenue Authority (TRA) collected TZS 24.05 trillion, surpassing its target of TZS 23.21 trillion by TZS 0.84 trillion...
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How Tanzania’s External Debt Supports Development Despite Currency Risks
As of February 2025, Tanzania’s external debt stock reached USD 31.31 billion, reflecting a monthly increase of USD 393.4 million (1.3%). The central government accounts for 79.7% of the total,...
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How Institutional Investors Dominate Tanzania’s Domestic Debt Market
As of February 2025, Tanzania’s government domestic debt stood at TZS 29.19 trillion, marking a monthly increase of TZS 195.7 billion (0.7%). The debt is largely held by institutional investors,...
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Tanzania Maintains Strong Foreign Reserves to Support Economic Stability
As of February 2025, Tanzania’s gross official foreign reserves stood at USD 5,450.5 million, slightly down from USD 5,528.1 million in January, reflecting a 1.4% monthly decrease. Despite this dip,...
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Are interest rate trends in Tanzania showing lower lending rates and declining deposit returns?
In February 2025, Tanzania experienced a slight easing in lending rates, with the overall lending rate falling to 15.14% from 15.73% in January—indicating a move toward more affordable credit. At...
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Tanzania’s Tourism Sector Surges with Record Growth in 2023
In 2023, Tanzania’s tourism sector recorded a remarkable recovery, welcoming 1,809,205 tourists, a 24.3% increase from 1,456,192 in 2022. Tourism earnings surged to USD 3.37 billion, up by 33.2% from...
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Is TRA Ready to Finance Tanzania’s Future Economy Without Dependence on External Foreign Aid and Loans?
In just nine months of the 2024/25 fiscal year, the Tanzania Revenue Authority (TRA) has collected TZS 24.05 trillion, marking a 17% increase compared to TZS 20.55 trillion collected during...
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Trends in Money Remittances Growth in Bank and Mobile Transactions (2020-2024)
Money remittances in Tanzania have experienced significant shifts from 2020 to 2024, with both bank-facilitated and mobile money transactions showing remarkable growth. Bank remittance inflows surged from TZS 894.08 billion...
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Why Tanzania Should Focus on Economic Independence Amid Declining Foreign Aid
Tanzania has experienced a steady decline in foreign aid, with official development assistance (ODA) dropping from $761 million in 2013 to $389 million in 2024 and further projected to fall...
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Tanzania’s ODA Trends (2001-2025), Peak at $761M (2013), Declining to $118M (2025)
Tanzania has received significant Official Development Assistance (ODA) over the years, with disbursements peaking at $761M in 2013 before gradually declining to $389M in 2024 and a projected $118M in...
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