A new report released by the Tanzania central bank show domestic economy will remain stable despite the global economy being exposed to tightened financial risks, the War in Ukraine and cumulative effects of the Covid-19 pandemic Dar es Salaam. Although the global economy is exposed to tightened financial conditions, climate-related risks, ongoing war in Ukraine, and the cumulative effects…
The Bank of Tanzania (BoT) has issued new directives aimed at controlling foreign exchange trading in the country a directive that comes at a time when several African countries are struggling with the dollar shortage including Kenya The directive was issued by BoT Governor Emmanuel Tutuba and takes effect from today, Thursday, June 1, 2023. The new controls impact…
Dar es Salaam. Tanzania has become a hub for food exports, feeding countries in the African region as well as rest of the world, latest statistics from the Bank of Tanzania (BoT) and the Ministry of Agriculture show. The central bank data shows that in the period of five years from 2018 to 2022 the country sold vegetables worth…