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Fact Sheet Tanzania


(UNITED REPUBLIC OF TANZANIA) FACTSHEET

 

GENERAL

Capital               

Dodoma

Area

945,087 sq km. (886,037 land; 59,050 water; including the islands of Zanzibar-Unguja, Pemba, Mafia and Ukerewe - in Lake Victoria)

Current Weather
(Dar es Salaam)

Maximum temperature: 33 °C
Minimum  temperature: 19 °C

Population

55 million [2016]

Languages (with %age of speakers, if available)

Kiswahili in Roman script is the national language, and lingua franca; English is widely understood in major urban areas and places of tourist interest.

Religions (with %age, if available)

Christians and Muslims about 40% each; tribals, animists and pagans, small number of Hindus

Currency
Exchange rate with US$ & INR                         

Tanzanian Shilling (TSh)
Exchange rate: US$1=TSh 2264 (April 2018)
Re.1 = TSh 34.3009 (ORE: April 2018)

Political Structure

A unitary republic based on multiparty (since 1995) parliamentary democracy; President, elected directly for maximum two 5-year terms, is the executive Head of State. National Assembly (Bunge) has up to 325 members, 75 special women's seats apportioned among the political parties based on their election results and 10 Presidential nominees; Main party, Chama Cha Mapinduzi [CCM], in power since independence; Chama Cha Demokrasia na Maendeleo [CHADEMA]; Civic United Front (CUF) are main opposition parties among 15 others; Zanzibar has its own Constitution, President, House of Representatives and Flag.

Head of State (President)

H.E. Dr. John Pombe Joseph Magufuli

Head of Government (Prime Minister)

H.E. Mr. Kassim Majaliwa

Minister for Foreign Affairs

Hon. Dr. Augustine Philip Mahiga

 

ECONOMIC INDICATORS

Economy

 

HDI ranking -151/188 [UNDP Human Development Report 2016]; business environment 137/190 [World Bank Report];  mainly agrarian – 23% of GDP; limited industry, after long years of socialism adversely affecting the economy, liberalization introduced after mid-80s under IMF guidance; now one of the best performers in Africa 7% annual average for last 7 years; ICT, mining, construction, roads, financial services, and tourism in particular growing fast. Relatively slow rate of growth of labour intensive agriculture, which employs three quarters of workforce, explain the slow decline of poverty in rural areas. Natural Resources: Good hydel potential, gold, diamonds, precious and semi precious stones, coal, nickel, cobalt and other minerals, and large deposits of natural gas; 20% of Africa’s total fresh water resources. Agriculture: Cloves, cashew nuts, cassava, coffee, cotton, corn, tea, sisal, pyrethrum, bananas, mangoes, vegetables, cattle, poultry, etc. Industry: Sugar, cigarettes, sisal twine, cement, textiles, wood products, pharmaceuticals, soap, flour, edible oils, steel, beverages, packaging, foam mattresses, leather incl. shoes.

GDP

US$47.4 bn (2017)

GDP per capita at current prices

US$ 1041 (2017 est.)

GDP Growth Rate

6.5-7 % (2017)

Total Trade
Imports
Exports

US$11, 792 Million (2017)
US$7780 Million
US$ 4012  Million

Bilateral Trade
Imports from India
Exports to India

US$2142.55   Million (2017)
US$1165 Million
US$ 977.55 Million

 

INDIA SPECIFIC INFORMATION

Indian Origin/ PRs

Total: 50,000 to 60,000

Indian Expatriates

Total: 10,000 + mostly professionals engaged in senior management positions in Indian invested and local companies. Also technical personnel on shop floor jobs.

Indian Organizations

Banks

Bank of Baroda
Bank of India
Canara Bank

 

PSUs

National Minerals Development Corporation
WAPCOS

 

Others

TATA Africa Holdings (Tanzania) Ltd.
Kamal Steel
Fairdeal Auto Pvt. Ltd. (Bajaj Auto)
Airtel Tanzania
Tanzindia Assurance Company Limited
Motorrama – Ashok Leyland
Intercontinental Consultants and Technocrafts Pvt. Ltd.
Cotton Greaves
KEC International Ltd.
Wintech Elevator (T) Ltd.

 

April 2018