Browsing: President Samia Tanzania

According to the 2022 National Tourism Survey, tourism earnings in Tanzania have shown positive comeback post Covid-19.

The figures indicate a good recovery trajectory with data showing that the sector is up 83% having earned an impressive 1.4 billion USD and tourist receipts of 922,692 which represents an increase of about 48.6% compared to the 2020 performance.

According to the Tanzania National Five Year Development Plan 2021/2022-2025/2026, the country targets to attract 5 million tourists and garner revenues of US$ 6 billion.

The tourism sector contributes to the country’s GDP by an impressive 17%, and its contribution to foreign exchange earnings is more than a quarter (25 percent) of the country’s total foreign exchange earnings.

The connection bypass road launched by the five presidents of the East African Community (EAC) has set precedence in the importance of neighbouring countries undertaking joint projects to improve transport infrastructure between and amongst themselves.

This point is underlined in the World Bank report; “Patterns of shipping, transshipping, and distribution mean that trade depends not only on the quality of infrastructure in the two trading countries but also of that in key third party countries on the trading network.”

The point is that while two countries can come together to improve transport infrastructure, it is not enough because trade, in many cases, goes much further than the border between two countries.