TanzaniaInvest

On 3 June 2026 the European Parliament's Foreign Affairs and Development committees adopted, by 81 votes to 1 with 4 abstentions, a draft resolution objecting to the financing of a EUR 156 million EU annual action plan for Tanzania for 2026 and calling on the Commission to withdraw it. The objection, which still requires ratification by the full Parliament plenary, cites the unr...

Tanzania's National Business Council has agreed to establish an International Financial Centre in Dar es Salaam, with Bank of Tanzania Governor Emmanuel Tutuba confirming the country meets prerequisites including political stability and a mature banking sector. The centre will operate under a dedicated legal framework yet to be enacted, targeting domestic and foreign investors s...

Tanzania's TZS 2.87 trillion Transport Budget 2026/27 directs 95.62% to development across rail, aviation, ports, and maritime infrastructure to position the country as the regional logistics hub of Eastern, Central, and Southern Africa. The Standard Gauge Railway (SGR) alone receives TZS 1.51 trillion in domestic financing plus TZS 61.84 billion from the OPEC Fund, equivalent t...

The Tanzanian government has formalized its statutory 16% non-dilutable equity stake in the Lindi Jumbo graphite mine in Lindi Region through a joint venture agreement that creates Ndovu Graphite Limited, with Lindi Jumbo Limited retaining an 84% stake. The mine produces 40,000 tonnes of graphite per year over a 24-year mine life, and Tanzania currently ranks sixth globally in g...

The Dar es Salaam Stock Exchange closed Week 22 of 2026 with equity turnover plunging -63.13% week-on-week to TZS 13.70 billion, as foreign investors recorded net selling. SWIS emerged as the best stock performer with a gain of +7.32%, while TTP recorded the steepest decline at -9.91%.