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.
The Bank of Tanzania's Statement of Financial Position as of September 30, 2024, reflects significant developments in the country's economic landscape. Total assets grew by 1% to TZS 25.86 trillion,...
Tanzania's Government Debt to GDP ratio stood at 38.3% in 2022, rising to 53.4% by mid-2023 as the national debt reached USD 42.68 billion, up from USD 38.27 billion in...
Global inflation is projected to moderate to 3.5% in 2024, with a further decline to 2.8% by 2026, aligning with central bank targets. However, inflation remains elevated, especially in Emerging...
Global growth is projected to stabilize at 2.6% in 2024, with only a slight rise to 2.7% by 2026, falling below the pre-pandemic average of 3.1%. Advanced economies are expected...
Tanzania's economy is projected to grow at a solid rate of 5-6% in 2024, outpacing Sub-Saharan Africa’s average growth of 3.5%. Key drivers of this growth include agriculture (28% of...
Global growth faces multiple risks, including geopolitical tensions, which may disrupt trade and raise energy prices beyond $84 per barrel in 2024. Trade fragmentation could slow expected trade growth to...
Ukuaji wa uchumi wa Tanzania unatarajiwa kufikia 5-6% mwaka 2024, juu zaidi ya wastani wa kanda ya Afrika Kusini mwa Jangwa la Sahara (SSA) wa 3.5%. Sekta muhimu zinazochangia ukuaji...
Global growth is projected to stabilize at 2.6% in 2024, rising to 2.7% by 2025-2026, which is slower than the pre-COVID average of 3.1%. Emerging Market and Developing Economies (EMDEs)...
Global growth prospects in 2024 show diverse regional dynamics. South Asia is the fastest-growing region, with projected growth of 6.2%, driven by India’s 6.6% expansion. East Asia and Pacific (EAP)...
Commodity prices are projected to stabilize after the volatility caused by the COVID-19 pandemic and the war in Ukraine, though they will remain at historically high levels. In 2024, oil...
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Stay informed and gain the crucial information you need to make strategic decisions in Tanzania's vibrant market.