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Tag: THE CITIZEN

Business / economics

The Beverage Industry: Backbone of Tanzania’s Manufacturing Sector

March 19, 2025March 19, 2025 - by Carmen Mendez - Leave a Comment

The beverage industry is vital to Tanzania’s manufacturing sector, contributing nearly 27.9% of its value. Despite a decrease in value, the sector remains resilient due to high consumer demand and …

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Companies

Canal+ and MultiChoice Merger Brings New Opportunities for Tanzanian Producers

March 18, 2025March 18, 2025 - by Carmen Mendez - Leave a Comment

The Canal+ acquisition of MultiChoice is poised to elevate investment in Tanzania and expand local content distribution to Francophone countries. The merger, currently under regulatory review, has sparked optimism among …

Canal+ and MultiChoice Merger Brings New Opportunities for Tanzanian Producers Read More
Business / economics

Decline of the Tanzanian Shilling Against Regional Currencies

December 2, 2024December 2, 2024 - by Liam Nguyen - Leave a Comment

The Tanzanian shilling has weakened against the Ugandan and Kenyan currencies despite rising exports, as transactions are predominantly in US dollars, creating higher dollar demand and diminishing local currency strength. …

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