Tanzania Post 5.2 Percent Economic Growth In Quarter 3

LOCAL NEWS: The latest economic growth report by the National Bureau of Statistics (NBS) for the third quarter of 2021 (July and September) shows Tanzania’s Gross Domestic Product (GDP) rebounded to 5.2 percent from 4.4 percent recorded in the second quarter. According to the figures, Q3 GDP increased to Sh32 trillion in 2021 from Sh30.3 trillion in […]

Tanzania Enters Into More Joint Ventures With Mining Firms

LOCAL NEWS: Government yesterday signed an agreement with four mining companies to form joint ventures (JV), a move which is meant to set the stage for Tanzanians to benefit from the country’s natural resources. The companies born out of the JV – and which are to invest a total of Sh1.755 trillion – are Faru […]