Trade, mining and oil and energy businesses are emerging as the biggest drivers of Tanzania's retail foreign exchange transactions, as activity in the dollar market has accelerated sharply since...
By
Josephine Christopher
Josephine Christopher is a senior business journalist for The Citizen and Mwananchi newspapers
Mwananchi Communications Limitted
Dar es Salaam. Trade, mining and oil and energy businesses are emerging as the biggest drivers of Tanzania's retail foreign exchange transactions, as activity in the dollar market has accelerated sharply since the middle of the year.
Record gold exports have propelled Tanzania's mining industry to unprecedented levels, lifting export earnings, government…
The strongest gains were recorded in products linked to construction, food processing and consumer goods
A sharp retreat in global gold prices has raised concerns over its potential implications for Tanzania's export earnings, foreign…
Tanzania’s central bank has bought over 28 tonnes of gold in 18 months, worth USD 3.8 billion, making bullion the dominant…
The increase in visitor spending comes as Tanzania’s tourism receipts continue to strengthen. According to the Bank of Tanzania’s…
Dubai has identified Tanzania as one of its fastest-growing strategic tourism source markets in Africa, underscoring the…
