By Francis Nyonzo. The modern microfinance model, which uses group lending, was once considered a panacea for poverty alleviation. The originator of the idea, Prof. Muhammad Yunus, received the Nobel Prize for it. He was once quoted saying, “The only …
By Francis Nyonzo In my recently published paper on denominational inflation, I have shown how currency with the highest denomination affects price setting and causes inflation. Focusing on Tanzania as the case study, the research has shown that it …
By Francis Nyonzo Funny fact! Most dismissed workers do not file cases against their employers even though they are not paid severance as Labor law requires. This is a fact from research by a distinguished economic professor at Michigan State …
Cat and Mouse Games Kenya and Tanzania are members and primary founders of the East African Community. More than once, the two countries have banned or restricted imports or exports from one another, often as a reciprocation of specific restrictions. …
The African Development Bank (AfDB) has granted the East African Community (EAC) $1.4 million through the New Partnership for Africa’s Development and Infrastructure Project Preparation Facility (NEPAD-IPPF). This funding is allocated for the feasibility study of the Multinational Kenya/Uganda: Kisumu-Kisian-Busitema-Busia …
Fashioning Understanding The East African Community Competition Authority (EACCA) has entered into a Memorandum of Understanding (MoU) with the Fair Competition Commission (FCC) of Tanzania to strengthen collaboration in advancing competition policy and legislation throughout the East African Community (EAC). …
Cross-Border Mobile Money Transactions For the period of January to August 2023, Tanzania received a total of 1,131,286 international visitors. The largest portion of visitors is from Kenya, which has 11% of the total international visitors. Tanzania is among the …
Many African countries, including Tanzania, have historically implemented protectionist policies to safeguard domestic industries from foreign competition and foster the growth of emerging industries. These protectionist measures can be driven by political or strategic considerations, aimed at ensuring national security …
The decision to prioritize coffee as Tanzania’s first export product under the African Continental Free Trade Area (AfCFTA) raises questions about whom Tanzania will sell its coffee to in the AfCFTA market. There are concerns about the effectiveness of this …
East Africa is a region with immense potential for export growth. The total export value of the EAC countries varies by country and product. According to OECD data for 2021, the total export value of the EAC countries in 2021 …
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