The Tanzania Investment Centre (TIC) has witnessed a remarkable increase of 26.1 per cent in newly registered projects during the period between July 2022 and June 2023, compared to the previous fiscal year of July 2021 to June 2022. In the 2020/2021 financial year, 234 projects were registered, while 273 investment projects were registered in...
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...
The Tanzania Investment Centre (TIC) registered 41 projects worth $339.2 million last month being 128 per cent increase as compared to 18 projects registered in February 2022. Out of 41 projects registered in February 2023, 34 per cent are fully owned by Tanzanians while 42 per cent are fully owned by Foreigners and 24 per...
Since President Samia Suluhu took office in 2021, one of her top agendas has been to ease investment and business environment for both domestic and private investors in order to attract more investments to create more jobs and generate government’s income. One of the notable measures in response to President Samia’s order in addressing the...
The high-level business delegation has arrived in Tanzania to seek trade and investment opportunities in the agriculture and livestock value chain. Tanzania Investment Centre welcomed the delegation on July 17, 2022. Speaking with the delegation during the meeting on Tuesday in Dar es Salaam, the Deputy Minister for Investment, Industries and Trade, Exaud Kigahe, assured...
Oman and Tanzania have enjoyed close relations developed over thousands of years of shared cultural history and trade exchanges. The visit of President Samia Suluhu Hassan of the United Republic of Tanzania to the sultanate, starting Sunday, is expected to play a crucial role in bolstering relations further. President Samia’s visit to Oman is essential...