- East Africa elated as the 2027 Pamoja AFCON bid prevails
- Young African queens reshaping the continent’s global influence
- Energy outlook: access to electricity in Africa still short of SDG7
- Tanzania’s ambitious journey to energy riches
- Nigeria bets big on Fluenta technology to regulate flare gas emissions
- Depreciating shilling worsens Kenya’s debt and economic struggles
- High fuel prices in South Africa to worsen inflation
- M-Mama’s life-saving journey reaches Malawi
Browsing: Tourism in Tanzania
- Hard work pays – at least for strategic tourism markets such as Tanzania, which stands to become one of the world’s top destinations. Tanzania’s tourism industry emerged strong from a slump triggered by the Covid-19 pandemic.
- Over the past years, a number of top-rated tour firms and sites such as Trip Advisor, Safari Bookings, Visa First, and Craft Travel – have painted Tanzania as one of the most favorable tourist destinations in Africa.
Tanzania is now placed in the same league as South Africa, Africa’s most desired destination by tourists belonging to the Luxe Traveller Club. With iconic Mount Kilimanjaro, the Serengeti National Park and Ngorongoro Crater are some of the leading tourist attractions across the world among its offerings, you don’t have to look far to understand why.
“I was fortunate to stay at the Ngorongoro crater lodge, a stunning five-star hotel, probably one of the best in Tanzania …
The Tanzania Investment Centre (TIC) said that the country garnered a 22.2 percent rise in registered projects over the past five months. 132 additional projects will be registered between July and November of 2022, compared to 102 during the same period in 2021.
Tanzania is making significant progress in attracting the appropriate investment over time and space. This development is attributable to the current government under the leadership of President Samia Suluhu Hassan, whose dedication to expanding investment is shared by the whole economy.
Tanzania's economy is currently at 5,2 percent of GDP (3rd quarter 2022) and 4.9 percent inflation. Notwithstanding this, growth in other vital areas has been crucial to ensure Tanzania's industrialization goals remain on track.
According to a research published by African Mining Market on February 13, the mining industry in East Africa is witnessing tremendous expansion. Whereby, Tanzania’s sector is adding to the GDP whose proportion
Energy producers argue that Tanzania’s LNG international markets could be worth around 44.3 billion (based on 2021 markets), thus proving how the sector benefits all parties involved in the investment.
The EACOP pipeline is another success story that Tanzania wears as a badge of honour. It managed to win Uganda over and sweep off Kenya from the deal, as Tanzania’s land laws and policies favoured the project timeline. According to information from the EACOP official website, the oil project will transform oil and gas investment in both countries while increasing their FDI by over 60 per cent during the construction phase alone.
Mining is another extractive sub-sector that yields profits for both Tanzania and investors. After facing a series of international legal complications, Tanzania's new mining landscape is open for business.
Big global miner such as Barrick Gold has solidified investment in Tanzania mines which produce valuable diamond and gold…
- Africa is now realising the African Continental Free Trade Area (AfCTA)
- Africa economy is expected to grow by 3.8 percent in 2022
- Africa has 60 percent of its population under age of 25
Africa's economy is rising and it has been for a while now. For the intelligent investor, it is wise to rise with it side by side as Africa remains the most naturally endowed continent on the planet. This in terms of human and other natural resources. Hence to Invest in Africa is the next big thing as the region needs a 360 touch on its manufacturing industries.
With projected growth hitting 1.5 billion people, Africa stands as the most profitable ground for investors within the mining, transport and services sector. The region is not only advancing economically but diplomatically too.
The African Continental Free Trade Area (AfCFTA) is yet another breeding ground for success in the
- The Royal Tour documentary features the respected US travel journalist Peter Greenberg
- President Samia drove a manual gear vehicle for the first time in ten years
- The documentary is slated to be viewed on Apple TV Plus and Amazon Prime
Tanzania’s tourism industry is targeting to improve visitor numbers after President Samia Suluhu Hassan launched the anticipated Tanzania Royal Tour documentary in New York on Monday.
President Suluhu Hassan’s Royal Tour is yet another milestone executed to enhance tourism in Tanzania. The documentary titled, Tanzania: The Royal Tour, is a series of global television events hosted by Peter Greenberg with President Suluhu Hassan as his exceptional guide—who exposes the rich nature of her nation’s tourism via her leadership eye.
During the premiere of the documentary, President Suluhu Hassan took the liberty to assure millions of potential tourists once again that Tanzania is the best place to spend their vacation, “We …
- Nearly 3 million signatures have been gathered to rally against Maasai eviction by a web-based movement, Avaaz
- Ngorongoro is one of the most exotic tourism attractions in Tanzania
- Tourism is one of the top foreign currency earners in Tanzania
Tanzania’s Ngorongoro Conservation area is one of the most impactful tourism attractions. It is with no doubt this particular area is one of the reasons Tanzania stands at number four in the global rank of most naturally beautiful countries on the planet, according to the natural beauty report done by Money.
A United Nations Educational Scientific and Cultural Organization (UNESCO) Heritage site and an iconic attraction, Ngorongoro puts Tanzania at a fruitful competitive advantage.
The iconic area, which sits in the Ngorongoro Crater, has managed to co-exist with human settlements executing subsistence farming. The Maasai pastoralists have been residing in the Crater since 1959 after being relocated from their ancestral lands …
Rwanda has gone a step further and promoted its tourism attractions on the world stage, through sports via its ‘Visit Rwanda’ tagline on England’s Premium League football clubs.
The EAC core objectives compel the countries to bring collective efforts to promote their industry and share benefits as they come. So far, the EAC treaty (under Article 115) has shown partner states can undertake and develop collective and coordinated approach to the promotion and marketing of quality tourism into and within the community (EAC).
Hence, the entire concept of coordinating policies in the tourism industry to establish a framework of cooperation is vital, as it will promote the equitable manner of benefit-sharing. …
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The Tanzanian central bank (Bank of Tanzania – BoT) published a detailed economic bulletin for the quarter ending September 2020, which showed Zanzibar’s economy taking a nosedive contracting by 2 per cent compared to a growth rate of 5.2 per cent in the corresponding quarter in 2019.
Zanzibar—the semi-autonomous region of Tanzania, is taking various measures to enhance economic and trade liberalization that can pave a smooth way for the private sector to get engaged in the local, regional and international arena.…
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Tanzania Budget 2020/2021
The Tanzanian Minister of finance and planning, Dr Philip Mpango brought the fifth government’s revenue and expenditure estimates for the year 2020/2021 before the parliament, and around $15 billion was the requested budget to be endorsed.
The anticipated document—which is also the fifth national budget under President John Magufuli administration, was somewhat a mix of recovery from COVID-19 economic shocks, a progression of development initiatives and a rather relief to several sections of the economy, including scratching off some levies and giving income earners relief.
“The year 2019/20 is ending with unexpected circumstances resulting from the destruction of transport infrastructure caused by heavy rains/floods across the country as well as the Covid-19 pandemic. The government is compelled to allocate more resources.,” Finance and Planning Minister Philip Mpango told Parliament yesterday
Also, as Tanzania reopens its economy after assessing the trend of the pandemic, the minister said that …
Tanzania’s President John Magufuli has confidently provided directives to his government regarding the reopening of the economy, including tourism, sports, and education.
“The trend shows that coronavirus infections are declining,” said the head of state
President Magufuli who is also the Southern African Development Community (SADC) chairman, gave various directives during a swearing-in event of Tanzania’s ambassadors to Kenya, Algeria and Mozambique and the deputy health minister, at the State House in Dodoma.
Education
Since March, schools, colleagues and universities were shut down as part of the government of Tanzania measures to curb the virus. Hence, due to the less-threatening trend of COVID-19 patients in Tanzania, as argued by Magufuli last Sunday, universities are slated to open by June 1 2020.
“With the fall in Covid-19 cases, we have decided that universities should reopen on June 1, 2020. The relevant ministry should make all necessary arrangements within these nine days …