Tanzania

Currency: Tanzanian shilling (TZS)

Timezone: East Africa Time (UTC+3)

Major Cities: Dar es Salaam

Tanzania is a sovereign country in East Africa bordering the Indian ocean and eight (8) countries: Kenya, Uganda, Democratic Republic of Congo, Burundi, Malawi, Mozambique, Rwanda, and Zambia. The country’s climate varies across the country, temperate on the highlands and tropical along the coast. Also, while the coastal terrain is plain, highlands are common in the south and the north of the country, including Mount Kilimanjaro, the tallest mountain in Africa. 

With a population of approximately 60 million people, Tanzania is the second largest and populous country in Eastern Africa, with the Bantu ethnic group accounting for 95 percent of the country’s population. The official languages of the country are Swahili and English, although Arabic is also widely spoken in Zanzibar. The country adopts a presidential republic system of government which is administratively divided into 31 regions, including Dar es Salaam the country’s capital. The economy of Tanzania is heavily reliant on the agricultural sector, which employs 65 percent of the labor force and the country’s major sources of foreign exchange include Tourism, Gold, Coffee, Cashew Nuts, and Cotton. The major challenges facing Tanzania include the high poverty level, public sector corruption, and increased tension arising from many Zanzibaris’ demands for more autonomy.

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Lindi Region Investment Guide

Ministry of Industry and Trade, Tanzania

This document is a guide for investment in the Lindi region. The document outlines the reasons for investing in the Lindi region, regional socio-economic profile, priority investment opportunities in the Lindi region, and key investment...

Tanzania • 2019 • Trade, Industry and Investment

Manyara Region Investment Guide

Ministry of Industry and Trade, Tanzania

This document is a guide for investment in the Manyara region. The document outlines the reasons for investing in the Manyara region, regional socio-economic profile, priority investment opportunities in the Manyara region, and key investment...

Tanzania • 2019 • Trade, Industry and Investment

Mtwara Region Investment Guide

Ministry of Industry and Trade, Tanzania

This document is a guide for investment in the Mtwara region. The document outlines the reasons for investing in the Mtwara region, regional socio-economic profile, priority investment opportunities in the Mtwara region, and key investment...

Tanzania • 2019 • Trade, Industry and Investment

Ruvuma Region Investment Guide

Ministry of Industry and Trade, Tanzania

This document is a guide for investment in the Ruvuma region. The document outlines the reasons for investing in the Ruvuma region, regional socio-economic profile, priority investment opportunities in the Ruvuma region, and key investment...

Tanzania • 2019 • Trade, Industry and Investment

Tanga Region Investment Guide

Ministry of Industry and Trade, Tanzania

This document is a guide for investment in the Tanga region. The document outlines the reasons for investing in the Tanga region, regional socio-economic profile, priority investment opportunities in the Tanga region, and key investment...

Tanzania • 2019 • Trade, Industry and Investment

Zanzibar Investment Policy

Ministry of Industry and Trade, Tanzania

This policy specifies the legal and regulatory framework for investment in Zanzibar; investors’ rights and obligations; investment policy strategies such as tax and fiscal incentives; and other sector-specific investment policy objectives.

Tanzania • 2019 • Trade, Industry and Investment

The Environmental Management Regulations (Prohibition of Plastic Carrier Bags)

Minister of Environment, Tanzania

These regulations are for the protection of public health and the environment from the adverse effects of plastic bags. The regulations detail the prohibition of plastic bags, exemptions, compliance and enforcement and other related provisions.

Tanzania • 2019 • Environment and Climate Change

Bank of Tanzania (Financial Consumer Protection) Regulations

Bank of Tanzania, Tanzania

These regulations on financial consumer protection are part of the Bank of Tanzania Act and cover the treatment of customers, responsibilities of financial service providers, consumer education, enforcement and sanctions, and other general matters.

Tanzania • 2019 • Finance

Foreign Exchange (Bureau de Change) Regulations, 2019

Bank of Tanzania, Tanzania

These regulations for Bureau de Change are part of the Foreign Exchange Act. The regulations cover licensing and capital requirements, governance of Bureau de Change, mode of operations, and other general provisions.

Tanzania • 2019 • Finance

Microfinance (Community Microfinance Groups) Regulations, 2019

Bank of Tanzania, Tanzania

These regulations on community microfinance groups are part of the Microfinance Act. The regulations cover the formation and registration of community microfinance groups, operations, monitoring, and other general provisions.

Tanzania • 2019 • Finance

Bancassurance Guidelines for Banks and Financial Institutions, 2019

Bank of Tanzania, Tanzania

These guidelines were issued by the Bank of Tanzania to specify the framework for regulation and supervision of Bancassurance business; to Increase the use of insurance products; to increase financial inclusion; and to ensure customer...

Tanzania • 2019 • Finance