Business

The costly detour is costing Tanzania more than USD 80 Million in escalating shipment charges from the Indian to the Atlantic Oceans

Africa makes strides in regional trade through various blocs, including the East African Community, the Southern African Development Community, the Common Market for Eastern and Southern Africa and the newly established African Continental Free Trade…

The Bank of Tanzania instructed all banks and financial institutions to accept deposits and facilitate over the counter exchange of calls in notes from public and make the payment of face value thereof

"Johannesburg are you ready?" teases Air Tanzania, the Dar-es-salaam based carrier which contemplates flying south for the winter

The African Continental Free Trade Area has the potential to boost intra-Africa trade by 52.3 percent by eliminating import duties.

Experts point out that Africa’s participation in global value chains is low and primarily driven by commodities therefore to advance up the value chain, the continent needs value addition, industrialization and improved infrastructure

The IMF team and the Tanzanian authorities have reached a staff-level agreement on the policies needed to complete the fourth review under Tanzania’s ECF-supported program, and the first review of the RSF arrangement.

Tanzania is considered to be one of the most potential countries in East Africa and Iran is taking new measures to expand economic ties with this country.

Continuous due diligence in Africa's tech ecosystem is intensifying, with investors prioritizing long-term sustainability and solid financial performance over quick returns.

This will reportedly be a USD 900 million public-private collaboration venture, according to official sources.