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.
In January 2025, the Tanzanian Shilling traded at an average of TZS 2,454.04 per USD, reflecting a 1.37% depreciation from TZS 2,420.84 in December 2024. However, on an annual basis,...
Tanzania’s government domestic debt grew by 4.6%, reaching TZS 34,154.9 billion in January 2025, up from TZS 32,649.3 billion in December 2024. Commercial banks remained the largest creditors, holding TZS...
Stable Growth but High External USD Exposure Tanzania’s external debt stock stood at USD 33,905.1 million in January 2025, reflecting a 0.5% decline from December 2024. The government holds 76.4%...
Tanzania’s total external debt stood at USD 33,905.1 million in January 2025, reflecting a 0.5% decline from USD 34,075.5 million in December 2024 due to ongoing repayments. The government accounted...
Tanzania’s tourism sector expanded significantly in 2024, with 1,748,500 tourist arrivals (+12.4%), generating USD 3,259.8 million in earnings (+9.5%). The sector contributed 17.2% to GDP, up from 16.4% in 2023,...
Zanzibar’s economy grew by 6.2% in 2024, up from 5.6% in 2023, driven by tourism (7.1%) and construction (5.8%), while agriculture lagged at 3.5%. However, inflation rose to 4.3% in...
Strong Revenue Growth and Controlled Deficit Tanzania’s government revenue collection exceeded expectations, reaching TZS 3,877.4 billion in January 2025, surpassing the target by 8.6%. Tax revenue stood at TZS 3,153.0...
Tanzania’s current account deficit expanded to USD 4,807.9 million in January 2025, a 14.1% increase from USD 4,215.3 million in December 2024, driven by higher imports of fuel and capital...
Strong Investor Confidence Amid Tightening Liquidity Tanzania’s financial markets showed strong investor interest in government securities, stable foreign exchange rates, but rising interbank lending rates in January 2025. The 25-year...
Borrowing Costs Remain High, Savings Offer Mixed Returns In January 2025, Tanzania's lending interest rates remained high, with the overall lending rate at 15.73%, slightly up from 15.70% in December...
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Stay informed and gain the crucial information you need to make strategic decisions in Tanzania's vibrant market.