TICGL

| Economic Consulting Group

TICGL | Economic Consulting Group

Expert Insights: Your Compass for Tanzania's Economic Landscape

Uncover expert analyses on Tanzania's economy and the East African business landscape through our Insights section. Stay informed and gain the crucial information you need to make strategic decisions in Tanzania's vibrant market.
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The Finance Act, 2025, presents opportunities and challenges for Tanzania's economy under the TZS 56 trillion budget (2025–2028)
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...
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The Finance Act, 2025, sets the direction for business and investment in Tanzania over the 2025–2028 period
The Finance Act, 2025, of Tanzania introduces significant amendments to tax, duty, and levy structures, shaping the business and investment landscape through 2028. With measures like a three-year VAT exemption...
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Tanzania’s 2025/26 Budget Rises to TZS 56.49 trillion Targeting 6.0% Growth and TZS 29.17 trillion Tax Revenue
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...
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Can the 2025/2026 Budget Promote and Uplift Tanzania’s Economy, Especially for Low-Income Citizens?
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...
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How is Tanzania Using Budget Growth to Boost Economic Performance from 5.5% to 6.0% GDP Growth in 2025/2026?
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...
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Tanzania Shilling Depreciates by 3.9% Year-on-Year in April 2025
In April 2025, the Tanzania Shilling (TZS) exhibited a moderate depreciation trend, with the average exchange rate reaching TZS 2,684.41/USD, a 3.9% annual decline from ~TZS 2,583/USD in April 2024...
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TZS 2.6 trillion Tax Surplus Marks Strong Administration, but Non-Tax Shortfall Signals Strategic Gaps
Tanzania’s fiscal policy in March 2025 demonstrates a robust tax administration framework, with tax revenue reaching TZS 2,603.3 billion, 2% above target, significantly supporting development spending of TZS 1,406.7 billion....
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Tanzania’s Domestic Debt Hits TZS 34.76 Trillion in April 2025, Up 1.5% Month-on-Month and 9.2% Year-on-Year
In April 2025, Tanzania’s government domestic debt reached TZS 34,759.9 billion, a 1.5% increase from TZS 34,255.4 billion in March 2025 and a 9.2% rise from TZS 31,836.5 billion in...
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Tanzania’s Current Account Deficit Narrows 18.6% to USD 2.22 Billion in April 2025
Tanzania’s external sector showed robust improvement in April 2025, with the current account deficit narrowing by 18.6% to USD 2,224.9 million from USD 2,733.4 million in April 2024, driven by...
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BoT Intervenes with USD 6.25M to Anchor TZS at 2,684.41/USD and Boost Agricultural Trade
In April 2025, the Tanzania Shilling (TZS) depreciated by 3.9% annually to TZS 2,684.41/USD, reflecting pressures from import demand and global economic conditions. The Bank of Tanzania’s interventions, including selling...
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