Tanzania Businessforecast Industry Forecast

The Tanzania Business Forecast Report provides essential macroeconomic, political and financial analysis for companies doing business in Tanzania. The Tanzania Business Forecast Report helps businesses with Tanzanian market assessment, strategic planning and decision making to promote growth and profitability in Tanzania and is an essential tool for CEOs, Chairmen, Finance Directors/CFOs, Managing Directors, Marketing/Sales Directors with commercial interests in this emerging market.

An influential new analysis of Tanzania's political, economic and financial prospects through end-2012, just published by award-winning forecasters, Business Monitor International.

 

 

 

Key Uses of the Tanzania Business Forecast Report | Tanzania's Political Outlook | Tanzania's Economic Outlook | Tanzania's Business Environment | Key Tanzania Industry Sectors | Tanzania BMI's Executive Summary | Our Africa Subscribers | Full Range of BMI's Business Forecast Reports

Key Uses for the Tanzania Business Forecast Report

  • Forecast the pace and stability of Tanzania's economic and industry growth through end-2012
  • Identify and evaluate adverse political and economic trends in Tanzania, to facilitate risk mitigation strategies
  • Assess critical shortcomings of Tanzania's business environment that pose hidden barriers and costs to corporate profitability
  • Contextualise Tanzania's country risks against Africa regional peers using BMI's country comparative risk ratings system
  • Target business opportunities in Tanzania's high-growth industry sectors
  • Evaluate external threats to doing business in Tanzania, including currency volatility, the commodity price boom and protectionist policies

The Tanzania Business Forecast Report by Business Monitor International includes four major sections: Tanzania's Political Outlook, Tanzania's Economic Outlook, Tanzania's Business Environment and Tanzania's Key Industry Sectors.

Tanzania's Political Outlook:

What are the political risks to doing business in Tanzania over the next 5 years?

BMI's Tanzania Country Risk Ratings evaluate the short and medium-term threats posed by government instability, adverse economic policy-making, deterioration in the business environment and external shocks.

Tanzania Political Outlook Contents

  • SWOT Analysis for the Tanzanian Market
    Political Strengths, Weaknesses, Opportunities and Threats facing Tanzania.
  • Political Stability and Risk Assessment for Tanzania
    BMI's Risk Ratings assess explicit short and long-term risks to political stability; latest ratings, rankings and trends for Tanzania's risk are compared with Africa regional and global averages.
  • Current Administration and Policy-making in Tanzania
    BMI profiles key policy-makers and power-brokers in the Tanzanian government, assessing threats to the continuity of Tanzanian economic policy, and likely changes to the business operating environment through end-2012.
  • Tanzanian Foreign Policy
    BMI examines key trends and shifts in Tanzania's foreign relations and alignments with Africa neighbours, the United States and Europe, focusing on external influences.

Key Benefits

  1. Benchmark Tanzania's risk profile against its neighbours, the global and regional average, allowing easy comparison of risks between key business markets.
  2. Identify, evaluate and anticipate political and security risks to the business environment in Tanzania, and to your company's current operations and future plans.
  3. Gain valuable insights into the Tanzanian government and policy-making, through BMI's specialist team of analysts and economists, and their exclusive network of private and public sector sources.

Tanzania's Economic Outlook:

How will Tanzanian economic policy-making and performance impact corporate profitability over 2008-12?

BMI provides fully independent 5-year forecasts for Tanzania through end-2012 for more than 35 macroeconomic variables. We evaluate Tanzanian growth, and also forecast the impact of economic management, including central bank policy, on profitability.

Tanzania Economic Outlook Contents

The Tanzania Business Forecast Report features explicit BMI economic forecasts for Tanzania, with supporting commentary and analysis, for end-2008, 2009, 2010, 2011 and 2012 set against Tanzanian government views. Underpinning our Tanzania forecasts are key assumptions for the global economy through end-2012, covering growth, inflation, employment, trade and investment, interest and exchange rates in the US, Japan and the Euro-zone.

Coverage of Key Economic Issues in Tanzania

  • Economic Activity in Tanzania
    Real GDP growth; industrial growth; employment growth; inflation and consumer prices; consumption (indicative wages, retail sales, consumer confidence)
  • Fiscal Policy in Tanzania
    Current macroeconomic strategy and implementation policies; government finance (revenue, expenditure, budget balance); tax reforms
  • Monetary Policy in Tanzania
    Interest rate trends (bank lending and deposit rates); inflation (retail price inflation, consumer price inflation); exchange rate policy in Tanzania; Tanzanian currency controls; influence of foreign direct investment inflows; exchange rates and foreign exchange reserves
  • Balance of Payments in Tanzania
    Merchandise trade (exports, imports, trade balance); current account balance
  • Foreign Direct Investment in Tanzania
    Foreign direct investment approvals and inflows; the foreign investment climate
  • Tanzanian External Debt
    Debt profile (short- and long-term debt; public and private sector exposure)

Key Benefits

  1. Rely upon BMI's 100% independent Forecast Scenarios for Tanzania and underlying assumptions - we take no advertising and are privately-owned.
  2. Exploit the benefits of BMI's comprehensive and reliable macroeconomic Tanzania database, sourced and fully maintained by BMI from an extensive network of private sector, government and multilateral contacts.
  3. Gain key insights into the current and future direction of Tanzanian government economic policy

Tanzania's Business Environment:

How internationally competitive is Tanzania's regulatory environment, and what changes can be expected?

BMI assesses levels of transparency, flexibility of labour market, tax burden, development of the banking sector and credit availability, infrastructure and IT, foreign investment regime and trade liberalisation in Tanzania.

Tanzania Business Environment Contents

  • Tanzania's Business Environment Risk Rating with SWOT Analysis
    Short and long-term business environment risk ratings for Tanzania, benchmarked against ratings for Africa and neighbouring countries.
  • Country Competitiveness for Tanzania
    Competitiveness of Tanzania's business operating environment in supporting corporate growth and profitability over the 5-year forecast horizon, compared with regional neighbours.

Coverage of Key Business Environment Issues in Tanzania's Domestic Environment

Transparency, cronyism and corruption; labour market flexibility; corporate tax burden; interest rate levels; access of private sector to lines of credit; sophistication of banking sector and stock market; levels of business confidence; infrastructure and IT

  • Foreign Direct Investment in Tanzania
    Analysis of foreign investment regime, foreign ownership laws; attractiveness of business environment to foreign investors; review of major foreign direct investments over the last 24 months, and of strategic sectors attracting most interest
  • Foreign Trade with Tanzania
    Analysis of trading environment, government trade policy, liberalisation measures, tariffs and membership of trade areas

Tanzania's Key Industry Sectors

Which industry sectors in Tanzania will grow fastest, and where are the major investment opportunities in the Tanzanian market?

BMI targets investment opportunities in Tanzania's high growth industries, including automotives, food and drink, infrastructure, oil and gas, pharmaceuticals and healthcare, telecommunications and IT.

Coverage of Tanzania's Key Industry Sectors - Tanzanian Market Overview

Size, value and structure of industry; impact of liberalisation and privatisation on sector performance and prospects; friendliness of business environment

  • Latest Developments in Tanzania
    Review of latest projects, deals, privatisations, mergers and acquisitions, and implications for sector performance; company rankings for national and multinational companies in Tanzania; main industry players by local sales, employee size, market share and main brands, products and services
  • 5-year Industry Forecast for Tanzania
    Historic dataset (2003-2007) and BMI forecasts through end-2012, covering headline industry data broken out by sub sector

Key Benefits

  1. Target strategic sector-by-sector opportunities in Tanzania's high growth industries, attracting public expenditure and foreign investment; identify key players and competitors driving growth, investment and business opportunities.
  2. Benefit from competitive intelligence on top national and multinational companies operating in Tanzania's major industry sectors, including analysis of recent trends in sales and market share, company strategies, product launches and latest deals.

Who buys the Africa Business Forecast Reports?

The Tanzania Business Forecast Report is an essential tool for CEOs, Chairmen, Finance Directors/CFOs, Managing Directors, Marketing/Sales Directors with commercial interests in Tanzania.

Our Business Forecast Reports are relied upon by corporates, banks, government departments and multinational organisations around the world.

Business Monitor International's Business Forecast Report subscribers include:

3M, Abbott Laboratories, Accenture, Access Bank Plc, ADNEC, American Express (Middle East) BSC, Arab Swiss Engineering Co ASEC Group, Astra Zeneca, Bahrain Petroleum Company, BNP Paribas, British American Tobacco SA (pty) Ltd, Crown Industries, Ernst & Young, GE International Inc, Gulf Holding Company, Hyder Consulting, Impact/BBDO, Intercontinental Bank Plc, Kellogg, Mobinil, PricewaterhouseCoopers, Samsung Engineering & Construction, Telkom Wholesale Services, Tesco Corporation, Tetra Pak Egypt Ltd, Visa International 

 

" Out of all the research publications that my organisation has purchased and used recently, BMI’s is by far the most comprehensive. The reports are underpinned by in-depth study of the industry and an unparalleled analytical process. We use the reports to obtain an understanding of the underlying economic situation within our country, as well as looking at opportunities for the future. "
Director, Capital Africa Group, South Africa.

BMI's Executive Summary for Tanzania

[TOP]

Set For A Strong Quarter

Tanzania's outlook for economic growth remains strong, with promising short-term prospects in mining, tourism and telecoms and potential long-term growth in agriculture if key reforms are enacted. Going forward these high-growth sectors should help the country adapt to the removal of import tariffs which protect domestic industries against competition from the EU. Strong growth, in addition to a shrinking current account deficit and moderating inflation, should support continued currency appreciation over our forecast period. We see the country benefiting in the short term from a services boom as tourism and transport sectors in Kenya shift south to avoid the risky climate. On the politics side, the absence of social unrest despite major upheaval in the cabinet, underscores the stability Tanzania has long enjoyed. We are also encouraged by indicators that suggest corruption is on the decline. In the long run however, reforms to the country's political structure, dominated by the ruling party, will be necessary to further stamp out corruption.

Prime Minister Edward Lowassa resigned in February 2008 amidst corruption charges, prompting the dissolution of the cabinet. Within days a new prime minister, Mizengo Pinda, and cabinet were in place and governance returned to normality. We see little scope for major changes to the country's political stability or policy direction following these changes and are instead encouraged by the increasing accountability top government officials seem to possess. The prime minister's resignation, in addition to improving corruption statistics and a new law strengthening anti-corruption efforts, indicate President Jakaya Kikwete's campaign against corruption is having some success and we are forecasting continued gains through the medium term.

The economy of Tanzania has good prospects. Strong growth potential, a boom in services, continued donor support and a relatively favourable investment climate all underscore our forecast strengthening of the shilling through 2012. The main constraints to growth are weak infrastructure, which holds back tourism and transport, and banking sector shortcomings, which hold back domestic investment in agriculture, the economy's largest sector. Investment in infrastructure is scheduled to proceed over the next several years, but risks are present over the whole period. The economy remains vulnerable to droughts, as they hurt the economy both through agriculture and the power sector, which relies on hydro-power.

The business environment, while still suffering some major weaknesses, is improving. Corruption is slowly declining and investment in the national infrastructure is pushing forward. There are still numerous shortcomings which need addressing; property rights remain weak, skilled labour is in short supply and some regulations, particularly the restrictions on hiring foreign workers, are onerous. Nonetheless, the country still manages to attract high levels of FDI on the back of the high growth opportunities, efficient commercial courts, long-standing political stability and a fairly competitive tax regime.

Read about our other Business Forecast Reports  

Asia

Australia, Bangladesh, China, Hong Kong, India, Indonesia, Malaysia, Pakistan, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand, Vietnam

Europe

Bosnia & Herzegovina, Bulgaria, Caucasus, Croatia, Cyprus, Czech Republic, Estonia, Greece, Hungary, Kazakhstan & Central Asia, Latvia, Lithuania, Macedonia, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Turkey, Ukraine

Middle East

Bahrain, Iran, Iraq, Israel, Jordan, Lebanon & Syria, Kuwait, Oman & Yemen, Qatar, Saudi Arabia, UAE

Africa

Angola, Botswana, Cameroon, Cote d'Ivoire, Egypt, Ethiopia, Francophone West Africa, Ghana, Kenya, Mozambique, Namibia, Nigeria, North Africa, South Africa, Sudan, Tanzania, Uganda, Zambia, Zimbabwe

North & South America

Argentina, Brazil, Chile, Colombia, East Caribbean, Mexico, Peru, Trinidad & Tobago, Venezuela, West Caribbean

 

Business Monitor International

Business Monitor International
A Market Leader in Country Risk, Industry Intelligence and Company Research

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BUSINESS MONITOR INTERNATIONAL's country risk analysis and forecasts, market research on leading industries, and multinational company research is relied upon by corporates, banks, government departments and multilateral organisations in over 125 countries around the world.

Country Risk Analysis and Forecasts
BMI
has for 25 years specialised in political risk analysis, financial markets analysis, and macroeconomic forecasts on 175 global markets.

Industry Intelligence and Market Research
BMI's industry research covers Automotives; Banking; Chemicals; Defence & Security; Food & Drink; Freight Transport; Information Technology; Infrastructure; Insurance; Mining; Oil & Gas; Petrochemicals; Pharmaceuticals & Healthcare; Power; Telecommunications, and Tourism.

Company Research
BMI maintains a fully-researched 55,000-site database of multinational company subsidiaries located across global markets.