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 …
Africa’s rise has consistently been truncated by repressive governance, large-scale centralised government, extractive institutions, and headstrong leaders who see politics as an avenue to harvest their loot by hook or crook. Long before Covid-19 and the Russia- Ukraine war the …
To enhance trade facilitation and to promote partnerships as required by the World Customs Organization’s SAFE framework of standards, the government of Tanzania carried out significant reforms such as the establishment of the Authorized Economic Operator (AEO) through its revenue …
Ease to start a business is one of the key policy-area (elements) underpinned in the Legatum prosperity index. The figure above shows the respective scores on the ease to start a business among EAC partner states; Tanzania scored 74.4 while Rwanda …