In an epoch-making event heralding the grand opening of East and Central Africa’s largest glass manufacturing facility, Sapphire Float Glass, in the picturesque Pwani region, President Samia Suluhu made a profound statement that reverberates through the very core of Tanzania’s administrative infrastructure. She introduced a monumental investment opportunity and underscored the remarkable harmony underpinning the...
East African Community common currency has long been waited by the people. Unfortunately, dreams and hopes to achieve it seems to fade away as the entire plan is projected to take much longer to come to reality. The establishment of the EAC common currency will now be achieved by 20231 following revised timelines set out...
The Bank of Tanzania’s (BoT) latest Monthly Economic Review (MER) for November 2022 has put Tanzania’s stock of external debt – for both the public and private sectors – at $27.482 billion as at the end of October 2022. While the amount symbolises a $140.4 million increase compared to what it was at the end...