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Browsing: TIC
Tanzania Investment Centre (TIC) targets to register 1,000 investment projects in 2024 The government of Tanzania is also revising the…
The Tanzania Electric Supply Company (Tanesco) is currently implementing almost ten hours of power rationing across the country. Tanzanian President…
Contrary to her predecessor, President Samia’s pro-business approach has yielded impactful results, paving the way to a prosperous investment journey for Tanzania. President Samia’s administration spent the first year and ten months dealing with various drawbacks that hurt the nation’s ability to market its investment potential to the world.
The government of Tanzania has done away with an unfriendly taxation system, complexity in issuing work permits to foreigners, and trade setbacks. Consequently, Tanzania’s pro-investment approach caught international economic analysts’ attention, including global credit rating, research and data, and Moody’s.
In the year before Samia’s administration, Tanzania’s FDI closed 2020 at $3.16 billion though the Covid-19 pandemic might have impacted…
The European Union Investment Bank (EIB) have agreed with commercial banks to unlock a whole new business financing valued at…
The Tanzania Investment Centre (TIC) said that the country garnered a 22.2 percent rise in registered projects over the past…
Politics in Tanzania are now taking a different shape compared to the past five years. Opposition parties in Tanzania, such…
The tripling of investment in 2022 is a statement to the world that the East African nation is open for…
The government is already working on all issues facing Dangote’s factor on President Suluhu’s directives. This means Tanzania is reshuffling its strategies and operations along the investment lines, to keep up with the rest of the region far ahead of her.
As a country that graduated to a low-middle-income level much more effort towards building sound and attracting an investment environment is required.
The current small achievements prove that there is more coming from President Suluhu’s administration in terms of advancing more foreign investment in the country.