A street in Tanzania’s commercial capital Dar es Salaam. A UK think tank predicts that services will be another economic driver for Tanzania, spurred by trade, transport and telecommunications. PHOTO | BEATRICE MATERU | NMG
Protectionist tendencies and erratic policy-making are likely to deter the kind of private investment needed to help Tanzania achieve its industrialisation goal within the next five years, a leading UK think tank has predicted.
In its latest country report for Tanzania published this month, the Economist Intelligence Unit (EIU) also cautions that although President John Magufuli remains a firm favourite to gain re-election, the continued squeezing of political space within the country could fuel public discontent in the run-up to the 2020 general election.
