Tanzania
Economy
We believe 2008 will be the peak year for Tanzania's current account deficit, at 12.2% of GDP. In 2009, as oil prices fall, we see the deficit narrowing to 10.0% of GDP and then to...
2008-08-22Economy
The US and the East African Community (EAC), of which Tanzania is a member, signed a Trade Investment and Framework Agreement on July 16. Besides deepening the relationship between...
2008-07-28Economy
We see the value of imports rising over 2008 to US$5.7bn from US$4.86 in 2007, as high investment increases demand for machinery amid high oil prices. At the same time, strong metal...
2008-07-25Political Risk
BMI View: We believe that the odds are weighted in favour of the Dar es Salaam ceasefire holding in Burundi, despite arguments over whether or not the rebel group FNL can be recognised...
2008-07-23Economy
May inflation declined to 9.1% y-o-y from 9.7% y-o-y in April. Food inflation fell 0.6% m-o-m, while non-food inflation, particularly 'fuel, power and water', rose 1.2% m-o-m and...
2008-06-25Economy
Tanzania has stepped up its criticism of Zimbabwe, in contrast to its previous support for the country. Foreign Affairs minister Benard Membe stated on June 20 that he had 'evidence'...
2008-06-25Economy
Tanzania's new budget intends to increase revenues as a percent of GDP, in an effort to offset dependency on foreign aid. If donor aid projections are met, the government should have...
2008-06-24Economy
BMI View: On May 30, the IMF released a working paper on Tanzania's exchange rate, arguing both that Tanzania's current real effective exchange rate (REER) is marginally undervalued...
2008-06-03


