Tanzania central bank last week produced a monthly economic review for December 2020, which depicted rather a range of issues, for instance on revenue performance being broadly in line with the 2020/2021 target.

Inflation

According to the recent report, the annual headline inflation slightly eased to 3.0 per cent in November 2020 from 3.1 per cent in the preceding month. The central bank argues that this was largely attributed to the slowdown in food inflation, stable exchange rate and moderate oil prices in the world market.

Hence, the inflation rate remains within the regional benchmarks and is below the country medium-term target of 5 per cent.

“On a month-to-month basis, headline inflation increased to 0.3 per cent in November 2020 compared to a rate of negative 0.1 per cent in the previous month and 0.5 per cent recorded in the corresponding period in 2019. Inflation is projected to remain in …

Tanzanians love African Movies, they adore Tanzanians films, so as everyone else whether it is shown on cable or Netflix and more importantly Tanzania film industry has been taking rather unique stages of growth.

Tanzania has seen a steady increase in the production, dissemination and recognition of its very own performers across the world stage.

Filmmakers with a peculiar taste such as Vincet Kigosi, Amil Shivji, and Nicholas Marwa have been demonstrating their untamed potential to the world with their stellar movies captivating thousands.

However, the industry is yet to scratch the surface, and more importantly, the industry has elevated at the right time when international industry stakeholders such as NetFlix are hungry for raw, creative and extraordinary content, and Tanzania is rich in all of those.

On Tuesday 29th December, another milestone has been made in the Tanzania film industry, Nyara a locally financed (more than $86240) film was …