Uganda and Tanzania outperform their East African peers in economic performance in 2024, recording increased growth rates buoyed by improved activity in infrastructure, industrial and oil sectors.

The Bank of Tanzania (BoT) kept its benchmark interest rate steady at 5.75%, maintaining its policy stance after a 25-basis-point cut in July, as inflation remains within the bank's 3%-5% target range ...

Tanzania's economy is expected to expand by 6% or more this year from an estimated 5.5% last year, the central bank said, buoyed by the expected global economic recovery and faster private sector ...

The AfDB has played a critical role in Tanzania’s transformation agenda, supporting projects in infrastructure, agriculture, ...

Tanzania's re-elected President John Magufuli on Friday re-appointed Philip Mpango as finance minister, and promised continued reforms to the mining sector to help deliver the goal of 8% annual ...

Tanzania is intensifying investment in energy infrastructure to power its manufacturing ambitions and position itself as East ...