Business

Tanzania Unveils 2024 Foreign Policy Prioritizing Economy, Diaspora Engagement, and Climate Action

  • May 21, 2025
  • 0 Comments

President Samia launched Tanzania’s new foreign policy for 2024. The revised edition replaces the 2001 framework and prioritizes economic diplomacy, diaspora inclusion, climate diplomacy, a blue economy, and Kiswahili promotion. Speaking at the launch, President Samia explained that the revision aims to align Tanzania’s foreign policy with the ongoing political, economic, and social changes taking […]

Business

Tanzania Set to Launch International Financial Services Hub to Draw Investment

  • May 20, 2025
  • 0 Comments

The National Business Council (TNBC) is preparing to launch an International Financial Services Centre in Tanzania to mobilise capital for major investment projects. The initiative is part of broader efforts to position the country as a regional financial hub and achieve long-term economic targets. The initiative is being developed through TNBC’s finance working group and […]

Business

Tanzania and the Czech Republic Sign Double Taxation Agreement to Boost Investments

  • May 19, 2025
  • 0 Comments

Tanzania and the Czech Republic have signed a Double Taxation Agreement aimed at eliminating double taxation and preventing tax evasion. The deal is expected to increase investment and business activity between the two countries, particularly in the manufacturing and technology sectors. The agreement was signed in Dar es Salaam by Tanzania’s Minister for Finance, Dr. […]

Business

Tanzania and Mozambique to Form Joint Economic Commission to Enhance Trade and Investment

  • May 16, 2025
  • 0 Comments

Tanzania and Mozambique agreed to establish a Joint Economic Commission to enhance trade, investment, and cooperation across key sectors, including agriculture, energy, and infrastructure. The agreement was reached during bilateral talks between Presidents Samia Suluhu Hassan and Daniel Chapo in Dar es Salaam. The agreement was reached on 8 May 2025 during official talks between […]

Business

EU Launches €11M Marine Conservation Project in Zanzibar Targeting 500,000 People and 360 Green Entrepreneurs

  • May 8, 2025
  • 0 Comments

The EU has launched the €11M Pamoja Tuhifadhi Bahari Yetu marine conservation project in Zanzibar. The initiative aims to reach 500,000 people, support 360 green entrepreneurs, and expand marine areas under sustainable management by 10% by 2028. The project is funded under the EU’s Blue Economy for Job Creation and Climate Change Adaptation programme. The […]