The Tanzania Wildlife Management Authority (TAWA) has offered for sale 30 “tourist hunting blocks” within game reserves and other areas. TAWA, in a statement on its…
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According to the Bank of Tanzania’s monthly economic review for December, the improvements “were mainly attributed on account of upper exports of products including a decline in imports bill.”
The African Continental Free Trade Area (AfCFTA), which brings together all the African countries with a combined gross domestic product of $3 trillion, had initially been scheduled to be launched on July 1. The implementation was postponed for six months due to the Covid-19 global pandemic that led to lockdowns and restricted movement.
Allianz SE chief economist Ludovic Subran forecasted economic growth in Kenya, Tanzania, Uganda and Rwanda to significantly rebound after a tough year due to the devastating effects of Covid-19.
The region has been implementing an exemption and remission scheme since the East African Community Customs Union was established in 2005.
The Mpesa-Visa partnership aims to enable tourists visiting Kenya to use Mpesa in Kenya by downloading an app. Similarly, Mpesa users travelling abroad should be able to use Mpesa to make payments abroad.
The virtual meeting of the EAC Sectoral Council of the Ministers of Trade, Industry, Finance and Investment (SCTIFI) will also discuss other regional matters such as EAC policies on trade, non-tariff barriers, customs, budgets, standards and quality, industrialisation and the tripartite agenda.
The latest data by the United Nations Economic Commission for Africa (UNECA) shows that on average over 10 percent of export revenues and primary income in the region is spent on debt repayments.
Tundu Lissu, Tanzania’s opposition leader has called for sanctions against President John Magufuli. Lissu, who contested against Magufuli in the Tanzanian Presidential election has fled to…
The Tanzanian government is set to extradite no fewer than 516 suspected terrorists detained in its prisons back to Mozambique. The suspects are believed to have…