Tanzania stands out as a top recipient and frequent beneficiary of the International Development Association (IDA), leveraging concessional financing to support its development goals. With over US$16.7 billion accessed through...

Tanzania's banking sector demonstrated robust growth and stability in 2023, with total assets rising by 17.8% to TZS 54,396 billion, driven by increased deposits, borrowings, and retained earnings. Deposits surged...

Tanzania's financial sector, led by the banking sub-sector, continues to drive economic growth, accounting for over 70% of the sector's total assets. In 2023, the sector demonstrated remarkable resilience and...

Balancing Growth Amid Persistent Challenges The October 2024 IMF report on Sub-Saharan Africa’s economic outlook reveals a steady yet cautious path forward, with growth projected at 3.6% in 2024 and...

Between 1996/97 and 2021/22, revenue collections by the Tanzania Revenue Authority (TRA) in Zanzibar have shown significant growth, rising from TShs 16,671.4 million to TShs 356,042.2 million. This equates to...

The Annual Agricultural Sample Survey (AASS) 2022/23 reveals that agriculture remains vital to Tanzania’s economy, with 8.97 million households engaged in farming, of which 98.3% produce crops and 60.6% rear...

The National Bureau of Statistics report on Tanzania's Industrial Production Index (IIP) for Q2 2024 reveals a promising increase of 6% in overall industrial production from Q1 to Q2, moving...

Tanzania has witnessed an extraordinary rise in government expenditure over the past two decades, growing from TZS 65.4 billion in 2000 to TZS 3,788.0 billion in 2024, marking a staggering...

Tanzania has experienced significant progress in its income tax collections, with an overall growth of 9,400% from TZS 14.9 billion in 2000 to TZS 1.41 trillion in 2024. Early efforts...

Tanzania has experienced impressive growth in its local government revenue collections over the past decade, with a 769% increase from TZS 11.6 billion in 2010 to a peak of TZS...