Browsing: Tanzania Tourism

Government records show that tourist arrivals in Zanzibar slid down slightly to 42,443 visitors in January 2022 compared to a high of 49,868 visitors in January 2021 and 48,167 visitors in December 2021.

Notably, tourists from Europe continue to dominate the market as they account for 83.0 per cent of the total number of visitors who went to Zanzibar this past January 2022. Here are the percentages per country; Poland dominated the outcome, with a high of 15.4 per cent of all visitors that entered Zanzibar as of January 2022.

Despite the war back home, next in line to visit Zanzibar tourist attractions were tourists from Ukraine who accounted for 13.1 per cent of all tourists that went to Zanzibar as of January. Zanzibar tourist attractions are renowned in the world and attract thousands of tourists every year, however, there is need for increased investment in the sector and that …

• The national debt is still a lingering thorn in the economy.
• Central banks point out monetary policy keeps money supply afloat.
• Current GDP is higher than last year’s 4.0 per cent in the same quarter.

Tanzania’s economy is progressing strongly despite global financial shocks propelled by the pandemic.   

According to the economic bulletin produced by the central Bank of Tanzania (BoT), the economy grew by 4.3 per cent in the quarter ending September 2021 , which is higher than 4.0 per cent in the corresponding quarter in 2020 – mainly driven by agriculture, transport and storage, trade and repair, manufacturing, mining and quarrying, and construction. 

On a comparative basis, Tanzania has stood relatively high compared to the African Development Bank’s optimistic forecast for real GDP growth of 4.1 per cent, contributed by improved performance of the tourism sector and the reopening of trade corridors. 

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What is Tanzania without the Serengeti?  One cannot mention Tanzania’s beauty without alluding to the amazing landscapes of Mikumi or the exhilarating hiking experience of the Kilimanjaro.  All these make up the tourism packet—perhaps one of the greatest in Africa— that Tanzania has in its economic arsenal. 

Tourism is Tanzania’s notable primary foreign exchange earner, which brought in more than $2.4 billion in 2018, an increase of 9.1 per cent that time—from $2.2 billion in 2017 (Tanzania Invest). 

On the other side, last year forex earnings dropped to a 10-year low during the year ending October 2020, contributed by the travel restrictions as a response towards curbing COVID-19 infections. Tanzania saw only $1.2 billion in its forex compared to $2.5 marked in the year ending October 2019, according to information from The Citizen. 

In its pursuit of tourism glory, Tanzania has not been alone. Rwanda, Kenya and Uganda are right …