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Tanzania Economy News. Service for global professionals. Constantly updated news and information about Tanzania.
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Latest Tanzania Economy News

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  • Press Release: IMF Executive Board Completes Sixth Review Under the Policy Support Instrument, First Review Under the Exogenous Shock Facility for Tanzania  25 Nov 2009 00:17 GMT
    ... Review Under the Exogenous Shock Facility for Tanzania Press Release No. 09/428 November 24, 2009 ... growth and strong macroeconomic performance, the Tanzanian economy is affected by the global economic crisis, which ...

  • President Kikwete - `Agriculture is everything` 25 Nov 2009 06:36 GMT
    ... As President Jakaya Mrisho Kikwete of Tanzania was about to leave Dar es Salaam ... poverty reduction strategy aims to foster faster GDP growth in rural than in urban areas. ... and the other elements of a functioning economy. The third largest expenditure is health care. ...

  • Time for right disaster management strategy 25 Nov 2009 07:11 GMT
    ... of hazards and vulnerability. Developing countries, including Tanzania, suffer the greatest costs when a disaster ... 20 times greater (as a percentage of GDP) in developing countries than in industrialized countries. It is ...

  • `Ability to network is an imperative resource in business` 25 Nov 2009 06:33 GMT
    ... that SMEs played a crucial role in employment creation and income generation and that they ... 1.9 square kilometres would have a combined GDP of over USD47bn. The regime promises free movement of ... in the circumstances, the situation demanded that Tanzanian entrepreneurs must be ready to take up ...

  • Government to enhance capacity of revenue generation machinery 25 Nov 2009 00:16 GMT
    ... by African countries like Uganda, Kenya and Tanzania. "The agenda is not to victimize or ... will not do anything to aggravate the unemployment situation in the country." He appealed to ...

  • Rwanda is Not Undemocratic 25 Nov 2009 03:31 GMT
    ... joining the Commonwealth as being adjacent to Tanzania, Kenya and Uganda and teaching English in ... Here in Uganda, people will complain about unemployment, sectarianism, marginalisation, potholes, lack of drugs in ...

  • Don't Throw Away the Gem in Immigrants [opinion] 24 Nov 2009 07:32 GMT
    ... few years thousands of Rwandans living in Tanzania have been expelled from the country ostensibly ... pretext of returning the control of the economy to native Ugandans. They left their property ... businesses and became millionnaires, added to the GDP of Britain, created more jobs, paid more ...

  • Yesterday's Top Story: Gold to hit $1650 by late 2010, early 2011, but estimate could be low - Jim Sinclair 24 Nov 2009 08:20 GMT
    ... gold. According to Jim Sinclair, chairman at Tanzanian Royalty Exploration, the price of the yellow ... just about touching $3 trillion and our economy is not responding as China has, we ... stimulus, which has "a habit of sucking inflation out of monetary expansion". "I do think ...

  • Kenya: Nakumatt sets Sh1.8 billion price for sale of 30 per cent stake 24 Nov 2009 14:53 GMT
    ... of misfortunes and a weakening of the economy that greatly reduced consumer purchasing power. The ... which was characterised by an annual average inflation rate of 26 per cent slowed down ... also hopes to open four stores in Tanzania, three in Uganda, and one more in ...

  • School leavers are not fit for work, says M&S chief Sir Stuart Rose 24 Nov 2009 00:13 GMT
    ... 19.8 per cent of young people are unemployed, which means they are actively looking for ... no success. Sir Stuart was educated in Tanzania followed by a Quaker school in York ... there are fewer low-skill jobs in the economy - but it's unfair and wrong to ...

  • Commonwealth in danger 24 Nov 2009 03:14 GMT
    ... many states such as Guyana, Belize, Ghana, Tanzania and Bangladesh. Both stronger hurricanes and steady ... in decline. The ratio of debt to GDP in several small Commonwealth countries paints the picture: St ...

  • Telecoms Poised to Retain Growth Momentum 24 Nov 2009 02:22 GMT
    ... of services in all segments of the economy, they enjoy large turnovers and have proven resilient ... Zain took home the country award for Tanzania edging out South African telecoms firm Vodacom ...

  • Index shows rampant corruption in Africa 24 Nov 2009 06:50 GMT
    ... the failed states that surround us.' Neighbouring Tanzania dropped 24 places - from 102 to ... damage to the country's reputation and its economy. That impact can only worsen as South Africa's ...

  • Religious travel market shows resilience 24 Nov 2009 16:16 GMT
    ... Resort in Reno, Nev. Tourism representatives of 30-plus countries, from Armenia and Ethiopia to Tanzania and Turkey, participated. Despite the economic downturn that has contributed to a decline in overall ...

  • TOP ARTICLE: Talking Past Each Other 24 Nov 2009 18:53 GMT
    ... I and Tier II of the world economy are those countries that are underdeveloped, and those ... either developing or underdeveloped, like Bangladesh and Tanzania that also have a stake in the ...


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