Doing Business in Tanzania Dar es Salaam. Tanzanian economy

Course summary (Business in Tanzania)

In the last 20 years the United Republic of Tanzania has shifted from a centrally planned economy to a open market economy, thank to the good governance, promotion of the private sector, liberalization of international Trade and Foreign direct investment (FDI) policies.

• In the last 8 years Tanzania recorded economic growth of 6%. Main drivers of Tanzanian growth are: private consumption, exports and gross fixed capital, tourism revenues, agriculture, construction, industry; services, Foreign direct investment (FDI) and foreign aid.
• Tanzanian services exports (travel, insurance ...) incomes rose by 14.1%
• Tanzania is the biggest nation in the East Africa. Borders of the United Republic of Tanzania: Burundi, Kenya, Malawi, Mozambique, Rwanda, Uganda, Zambia.
• Official languages: Swahili and English

Tanzania has preferential access to ...

• Common Market for Eastern and Southern Africa COMESA (Soko la Pamoja la Mashariki na Kusini mwa Afrika)
• East African Community (EAC) (Jumuiya ya Afrika Mashariki)
• Southern African development community (SADC) (Jumuiya ya Maendeleo ya Kusini mwa Afrika)
• Ocean Rim Association for Regional Cooperation (IORARC)
• European Union: Generalised System of Preferences (Mfumo wa Umoja wa Ulaya wa Jumla wa Upendeleo) and Cotonou Agreement (EU) (Mkataba wa Cotonou)
• United States AGOA (ukuaji wa uchumi wa Afrika na Nafasi tendo)

Example of the course (Doing Business in Tanzania):

Institutions and Agreements of Tanzania: Relationships with China (Mahusiano na China), Relationships with India (Mahusiano na India)
African Development Bank, Economic Commission for Africa (UNECA), NEPAD (Ushirikiano Mpya wa Maendeleo kwa Afrika)
African Union (Umoja wa Afrika), Africa - South America Summit (ASA)