Tanzania embraces mathematics to spur economic growth

Finland and TradeMark East Africa (TMEA) signed an agreement for additional funding on Friday December 11th to further support TMEA's work in enhancing trade across the East African Community to increase prosperity in the region.  The agreement was signed by the Finnish Ambassador to Tanzania, H.E. Pekka Hukka and Mr. Ali Murufuki, TMEA Board Chair. Finland has supported TMEA since 2013. The grant agreement will make available an additional Euro 2 million (approximately TZS 4.7 billion) to...

Tanzania’s economic growth may slightly be affected by the ongoing changes in the world market that influenced the International Monetary Fund to cut the global growth forecast for 2015.

Tanzania cashew nut industry is set to improve following the country’s plans to construct three new processing industries this year.

The Managing Director of Sumaria Group, Ankush Shah and Hussein Hamadi, Chairman of Darling Tanzania and honorary Consul of Sierra Leone addressing journalists in Dar es salaam yesterday during the opening of the two day meeting for over sixty business leaders from Young Presidents’ Organization (YPO), ,the world’s premier network of chief executives and business leaders who are meeting in Dar es Salaam to share insights about the top investment opportunities in Tanzania.(Photo: Our Staff...

Zanzibar's Economic Growth Promising
AllAfrica.com
The State forecasts that economic growth will accelerate this year, a conducive scenario for envisaged development targets. Presenting development plans for 2014/2015, Dr Mwinyihaji Haji Makame, the Minister for State in the President's Office (Good ...

Shein Targets 10 Pc Economic Growth
AllAfrica.com
Zanzibar — Chama Cha Mapinduzi (CCM) Isles presidential candidate, Dr Ali Mohamed Shein, has promised to raise Zanzibar's economic growth from the current 7.2 to 10 per cent in the next five years if re-elected, vowing also to sustain the government ...

The initial estimates for the Tanzania budget for 2015/2016 is about Sh22 trillion. This is an increase of about Sh3 trillion as compared to last year’s budget. When presenting these estimates in April 2015, the Finance minister stipulated that about Sh13 trillion is expected to be raised from various taxes administered by the Tanzania Revenue Authority.

The World Bank sees Tanzania’s economy maintaining steady growth but it is warning of “clouds on the horizon” that could impede progress and undermine economic stability.

Reports about ‘impressive’ economic growth on the African continent in general and Sub-Sahara Africa in particular are not short in supply.