The number of internet subscribers in Tanzania has grown from 23.8 million recorded in 2018 to 31.1 million in 2022 according to the latest report by the Tanzania Communications Regulatory Authority (TCRA). According to the report, the annual internet subscription during the past five years has grown at an average growth rate of 17% per...
The government is set to start importing fertiliser from Tanzania in July in a bid to enhance agricultural output and decrease the cost of food production, according to Agriculture and Livestock Development Cabinet Secretary Mithika Linturi. During a visit to Itracom, the manufacturer of Fomi fertiliser in Tanzania, the CS noted that by importing fertiliser...
The value of exports of goods and services in Tanzania increased to $12.0 billion during 2022 from $9.87 billion recorded in 2021, driven by non-traditional exports, particularly manufactured goods and minerals and services receipts from tourism according to the Bank of Tanzania (BoT) Monthly Economic Review for January 2023. “The increase in exports of manufactured...
President Samia Suluhu Hassan has announced a new commission to assess the performance of Tanzania’s embassies abroad. She made the revelation on Tuesday at the Chamwino State House in Dodoma when launching the commission for Criminal Justice Institutions tasked to assess and recommend how to improve justice. She said after two or three weeks, the...
Tanzania is among a few African countries whose economies are forecasted to excel this year. The five top-performing economies in the continent are expected to grow by over 5.5 per cent during 2023/24. “They will reclaim their position among the world’s ten fastest-growing economies,” the African Development Bank (AfDB) said. Tanzania’s economy is projected to...
The prominent Hollywood megastar Idris Elba plans to invest in a major film studio in Tanzania, the Director of Presidential Communication, Zuhura Yunus revealed upon briefing journalists on Monday about the outcome of President Samia’s recent trip to Davos Switzerland. Idris Elba and his wife Sabrina Elba encountered President Samia at Davos in Switzerland at...
The government yesterday signed a Memorandum of Understanding (MoU) with a United Arab Emirates (UAE) firm for the construction of petroleum receiving and storage infrastructures. The deal was signed by the Ministry of Energy and representatives of the UAE-based Emirates National Oil Company Group (ENOC). The decision aims at making Tanzania a petroleum hub in...
Today on January 25, 2023, the Chadema Deputy Chair, Tundu Lissu and the former MP for Eastern Singida in Tanzania arrived from Belgium, where he was self-exiled since 2020 after the general elections. Mr Lissu immediately flew out of the country after being defeated in the 2020 presidential race by the late John Pombe Magufuli,...
Trade volume between Tanzania and the 27 member states of the European Union (EU) stood at 1,306 million Euros (about 3.265tri/-) during the year 2021, with the latter enjoying the lion’s share of trade and investment. Speaking in Dar es Salaam yesterday ahead of the EU-Tanzania Business Forum slated for February 23 and 24 this...
African leaders are calling for more excellent private sector investment and support to fully realise the continent’s potential in the global energy transition. According to the president of Tanzania, building regional power pools in East and Southern Africa can ensure energy security across the continent. Africa is rich in natural resources and has the potential...