Uchumi360 Author Archive

Author: Emanuel Nyangwe

322 articles Latest: May 4, 2026
Magufuli 16% Mining Law: Bold Nationalism or Investor Confrontation?
Industry 8 September 2025

Magufuli 16% Mining Law: Bold Nationalism or Investor Confrontation?

The spike to 15.3% in Q1 2020 reflected the immediate effect of Magufuli’s reforms. However, as the year progressed, the annual average aligned closer to the 7–9% range, suggesting seasonal and industry cycles. From 2021 through 2024, there's been a clear upward trend from 7.2% to 10.1% demonstrating the 16% law’s sustained impact when paired with institutional reforms.

Fair Competition Commission (FCC) Tanzania: Guardian of Fair Markets, But Challenges Remain
Markets 7 September 2025

Fair Competition Commission (FCC) Tanzania: Guardian of Fair Markets, But Challenges Remain

FCC achieved ISO 9001:2015 certification, a global mark of service quality and effective management. This enhances trust from both local and international stakeholders. In 2025, FCC signed a $600,000 deal with TradeMark Africa to digitize its systems, automate services, and improve transparency. This step should reduce bureaucracy and speed up case handling.

Tanzania’s Top Ten Businesses in 2024: Banking Giants Lead as Telecoms and Manufacturing Stay Strong
Markets 7 September 2025

Tanzania’s Top Ten Businesses in 2024: Banking Giants Lead as Telecoms and Manufacturing Stay Strong

NMB Bank Plc emerged as the most profitable company in Tanzania in 2024, posting a net profit of TSh 643.8 billion (approx. US $243 million). The bank also holds the largest market capitalization on the Dar es Salaam Stock Exchange (DSE), estimated at US $1.45 billion. CRDB Bank Plc followed closely, with a profit of TSh 550.8 billion (US $208 million) and total assets surpassing TSh 13.2 trillion (US $5.25 billion). CRDB is also the country’s largest employer among listed firms, with over 4,200 staff.

Tanzania’s Leather Industry: A Pathway to $1 Trillion Economy by 2050
Industry 2 September 2025

Tanzania’s Leather Industry: A Pathway to $1 Trillion Economy by 2050

With more than 36 million cattle, 25 million goats, and 18 million sheep, Tanzania ranks second in Africa for livestock population (after Ethiopia) and 10th globally. If managed well, Tanzania’s leather industry could add billions to annual GDP, diversify exports, and absorb thousands of unemployed youth.