RaboResearch - Economic Research

Country Report

Tanzania: Magufuli’s victory good for the business environment

Tanzania’s economy is performing well, despite challenges arising from a weak currency. The recent presidential victory of Magufuli, a candidate with strong anti-corruption credentials bodes well for the business environment.

Economic Comment

In oil, rebalancing is the key word

According to the World Energy Outlook of the International Energy Agency the oil sector is adjusting to the new reality after the sharp oil price shock of 2014. And that translates to low though increasing oil prices.