The blue economy, which has become an increasingly important pillar of Tanzania’s economic strategy, is one of the sectors targeted by the new revenue measures
Tabling the estimates in Parliament on June 11, 2026, the Minister for Finance, Amb Khamis Mussa Omar, said the proposed budget represents a 10.3 percent increase compared to the 2025/26
The proportion of Tanzanians living below the basic needs poverty line on the Mainland has dropped from 34.4 percent in 2007, to 28.2 percent in 2012, moving further down to
This substantial increase from the Sh211.975 trillion recorded in 2024 represents a robust trajectory for the East African nation, positioning its economy at an equivalent value of $91.81 billion, compared
Among the flagship projects introduced is a comprehensive national plan for constructing EV charging stations across the country
The government plans to spend Sh62.3 trillion during the 2026/27 financial year
The two countries signed several agreements and memoranda of understanding covering taxation, investment promotion, public administration, climate action, skills development and private sector cooperation
The system, launched on June 8, 2026, will enable market participants to submit, match and execute foreign exchange transactions electronically
Officials said the outcome was designed to strengthen collaboration across priority sectors, including agriculture, education, energy, mining, industry, tourism, transport, digital economy, trade and investment
Speaking before a high-level audience of global leaders, business executives, and international investors, President Samia championed Africa's robust economic trajectory, urging global powers to move past outdated perspectives of the