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Fact Sheet Tanzania


(UNITED REPUBLIC OF TANZANIA) FACTSHEET



GENERAL

Capital

Dar es Salaam

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

44.9 million [2012 Census]

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 2234 (March 2017)

Re.1 = TSh 32.9792 (ORE: March 2017)

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 Magufuli


Head of Government (Prime Minister)

H.E. Mr. Kassim Majaliwa

Minister for Foreign Affairs

H.E. Dr. Augustine Philip Mahiga





ECONOMIC INDICATORS

Economy




HDI ranking -151/188 [UNDP Human Development Report 2015]; business environment 134/185 and government effectiveness 135/212 (World Bank Report) mainly agrarian – 25% 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, oranges, vegetables, cattle, sheep, goats, poultry, etc. Industry: Sugar, cigarettes, sisal twine, cement, textiles, wood products, pharmaceuticals, soap, flour, edible oils, steel, beverages, packaging, foam mattresses, leather incl. shoes. Inflation continued to decline every year reaching 6.1% in March 2014, from a peak of 20% in December 2011.

GDP


US$46.87 bn (2016 est.)

GDP per capita at current prices

US$ 1040 (2016 est.)

GDP Growth Rate

7.2 % (2016 est.)

Total Trade

Imports

Exports

US$12,648.65 Million (2016)

US$7885.01 Million

US$ 4763.64 Million

Bilateral Trade

Imports from India

Exports to India

US$2127.66 Million (2016)

US$1421.46 Million

US$ 706.20 Million


INDIA SPECIFIC INFORMATION

Indian Origin/ PRs

Total:50,000 to 60,000

Indian Expatriates (composition and any pertinent information that may be of interest)

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


PSUs

National Minerals Development Corporation

WAPCOS


Others

TATA Africa Holdings (Tanzania) Ltd.

GAPCO 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.

Jet Airways



March 2017