Doing Business in Tanzania

The objectives of the subject “International Trade and Business in the United Republic of Tanzania” are the following:

1. To analyze the Tanzanian Economy and Global Trade;
2. To know the business opportunities in the United Republic of Tanzania;
3. To explore the Tanzanian trade relations with the country of the student;
4. To know the Tanzanian Trade Agreements;
5. To examine the profile of the Tanzanian companies and Businesspeople;
6. To develop a business plan for the Tanzanian Market.

The Subject “Foreign Trade and Business in Tanzania” belongs to the following Online Higher Educational Programs taught by EENI Global Business School:

Doctorate (DIB): African Business, World Trade.

Masters (MIB): Business in Africa, International Business, Foreign Trade.

Course: Business in East Africa.

Learning materials in or Tanzanie Tanzania Tanzania.

1. Credits of the subject “Foreign Trade and Business in Tanzania”: 2 ;
2. Duration: two weeks.

EENI in Swahili: Shule ya biashara.

1. Port of Dar es-Salaam;
2. Trans-African Corridors
   1. Cairo-Gaborone Corridor;
   2. Central Corridor;
   3. Northern Corridor;
   4. North-South Corridor;
   5. Asia-Africa Growth Corridor.

Tanzanian Preferential Access and Free Trade Agreements:

1. Tanzania and the East African Economic Area;
2. East African Community (EAC);
3. Southern African Development Community (SADC)
   1. European Union-SADC Free Trade Agreement (FTA).
4. COMESA-EAC-SADC Tripartite Agreement;
5. African Continental Free-Trade Area (AfCFTA);
6. Indian-Ocean Rim Association (IORA);
7. Tanzania-European Union
   1. Generalized System of Preferences (GSP);
   2. Africa-European Union Strategic Partnership (Cotonou Agreement).
8. Free Trade Agreement (FTA) with India;
9. Tanzania-US
   1. United States-Africa (AGOA);
   2. East African Community-United States Trade Agreement.
10. Nile Basin Initiative (NBI);
11. International Conference on the Great Lakes Region (ICGLR);
12. Arab Bank for Economic Development in Africa (BADEA);
13. Global System of Trade Preferences among Developing Countries (GSTP).

1. World Trade Organization (WTO)
   1. WTO General Agreement on Trade in Services (GATS);
   2. WTO Agreement on the Application of Sanitary and Phytosanitary Measures (SPS);
   3. WTO Agreement on Technical Barriers to Trade (TBT);
   4. WTO Agreement on Preshipment Inspection (PSI);
   5. WTO Agreement on Safeguards (SG);
   6. WTO Trade Facilitation Agreement (TFA).
2. International Bureau of Containers and Intermodal Transport (BIC);
3. International Civil Aviation Organization (ICAO, Chicago Convention);
4. International Maritime Organization (IMO);
5. Convention on the Carriage of Goods by Sea (Hamburg Rules, UN);
6. Is not a member of the World Customs Organization (WCO)
   1. Revised Kyoto Convention (RKC).

African Trade and Economic Organizations:

1. Economic Commission for Africa (ECA);
2. African Union (AU) 
   1. African Union Convention on Preventing and Combating Corruption;
   2. African Union Development Agency (AUDA-NEPAD);
   3. Comprehensive Africa Agriculture Development Programme (CAADP).
3. African Development Bank (AfDB);
4. Africa-Asia Strategic Partnership (NAASP);
5. Forum on China-Africa Cooperation;
6. Africa-India Framework for Cooperation;
7. Africa-BRICS (Brazil, Russia, India, China, South Africa);
8. Africa-Turkey Partnership;
9. Afro-Arab Cooperation;
10. Arab Bank for Economic Development in Africa (BADEA);
11. Africa-Korea Partnership;
12. Africa-Japan Cooperation (TICAD);
13. Africa-South America Summit (ASA).

Global Economic Organizations:

1. World Bank (WB);
2. World Trade Organization (WTO);
3. United Nations (UN)
   1. Conference on Trade and Development (UNCTAD);
   2. International Trade Centre (INTRACEN);
   3. Commission on International Trade Law (UNCITRAL);
   4. World Intellectual Property Organization (WIPO).
4. International Monetary Fund (IMF).

The United Republic of Tanzania

1. Official Languages of Tanzania: Swahili and English;
2. Borders of the United Republic of Tanzania: Burundi, Kenya, Malawi, Mozambique, Rwanda, the Democratic Republic of the Congo, Uganda, Zambia;
3. Tanzanian Population: 56 million people
   1. Bantu.
4. Tanzania is the biggest nation in the East Africa;
5. Area of Tanzania: 948,087 square kilometers;
6. Tanzanian capital: Dodoma;
7. Economic centre of Tanzania: Dar es-Salaam (2.5 million people);
8. The largest Tanzanian cities are Dodoma, Dar es-Salaam, Mwanza, and Arusha;
9. Tanzanian independence (United Kingdom):
   1. Tanganyika (1961);
   2. Zanzibar (1963).

More information about Tanzania (EENI African Business Portal).

Religions in Tanzania:

1. African Traditional Religions;
2. Christians (62%);
3. Islam (35%, Sunni Muslim)
   1. Fiqh (Islamic Jurisprudence): Shafi.

Tanzania belongs to the East African Economic Area (African Civilization).

Tanzanian Economy.

1. Tanzania is a frontier market;
2. In the last twenty years, the United Republic of Tanzania (Africa) has shifted from a centrally planned economy to an open market economy, thanks to the good governance, private sector promotion, international trade liberalization, and foreign direct investment policies;
3. In the last eight years, Tanzania recorded an economic growth of 6%;
4. The main drivers of the Tanzanian economic growth are private consumption, exports and gross fixed capital, tourism revenues, agriculture, construction, industry, services, foreign direct investment, and foreign aid;
5. Tanzanian GDP: 23.2 billion dollars;
6. GDP real growth rate: 6.1%: agriculture (28%), industry (24%), and services (48%);
7. Tanzanian services exports (travel, insurance) incomes rose by 14.1%;
8. Inflation in Tanzania: 17.4%;
9. Top Tanzanian export products: gold, coffee, cashew nuts, and cotton;
10. Top Tanzanian export partners: China, India, Japan, and the Emirates;
11. Top Tanzanian import products: consumer goods, machinery, Transport equipment, industrial raw materials, and crude oil;
12. Top Tanzanian import partners: China, India, South Africa, and Kenya;
13. Currency of Tanzania: Tanzanian Shilling (TZS).

Other ports: Port of Mombasa (Kenya): Northern regions of Tanzania, Railway.

(c) EENI Global Business School (1995-2023)
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