Tanzania continues to improve the investment climate through regulatory reforms. During the month of February 2023, the government has tabled before the Parliament a bill to amend the Public-Private Partnership Act through GN No. 2 of 2023. The bill proposes to amend the PPP act, Cap 103 [RE 2018] by removing the obligation for a...
On 11th March 2023, the Ministry of Water of Tanzania signed a contract with China Civil Engineering Construction Corporation (CCECC) to build a water project that will serve 28 cities in the Songea municipality. During the signing ceremony, the Deputy Minister of Water Hon. Engineer Maryprisca Mahundi explained that when the project worth TZS 145.7 billion...
Titan Lithium Inc, a US-based company, plans to expand its operations in Tanzania following the discovery of lithium deposits in the region. The company has found lithium deposits in two locations south of Mount Kilimanjaro that have the potential to make Tanzania one of the world’s leading countries in lithium production. The results of the...
The government has said the country has tight laws and regulations guiding foreign exchange trade in the wake of reports that Kenyan businesses are now sourcing dollars from Tanzania to meet manufacturers’ and general goods importers’ obligations. Kenya is currently facing an acute dollar shortage after its foreign exchange reserves dropped to a near 10-year...
Tanzania Petroleum Development Corporation (TPDC) has given the go-ahead to 20 companies to build Compressed Natural Gas (CNG) stations as part of a larger initiative to deliver cleaner and more affordable energy. TPDC’s Oil and Gas director Dr. Wellington Hudson disclosed this during a news conference here yesterday. He stated that some companies are entirely...
Private sector credit recorded an annual growth of 23.1 percent in January 2023, compared with 10 percent in January 2022 on account of supportive monetary and fiscal policies, and ongoing recovery of economic activities from adverse effects of global shocks. According to the Bank of Tanzania (BoT) Monthly Economic Review for January, 2023, credit to...
A ban on Tanzania’s bitter gourd exports to the European Union (EU) countries has lifted, clearing the way for the fruit to access its sprawling markets. EU Commission in Nov 2022, reported had detected an incidence of quarantine pest hosted in Tanzania’s Momordica Charantia (bitter gourd), warranting a blanket ban on the bitter gourd crop...
The newly released Tanzania Demographic and Health Survey and Malaria Indicator Survey (TDHS-MIS) 2022 by NBS reveals that the Total Fertility Rate (TFR) for all of Tanzania, the urban and rural estimates including Tanzania mainland and Zanzibar decreased from 5.6 children per woman in the 1999 TDGS to 4.8 in the 2022 TDHS-MIS. The trend...
The National Bureau of Statistics has released The 2022 Tanzania Demographic and Health Survey (2022 TDHS-MIS) which is the 7th DHS survey in Tanzania conducted through the DHS program. The main objective of the 2022 TDHS-MIS is to obtain current information on health or inform policies at the global, regional, and national levels and to...