Tanzania has the second largest economy in the East African Community and the tenth largest in Africa. It is largely dependent on agriculture for employment, accounting for about half of the employed workforce. An estimated 34 percent of Tanzanians currently live in poverty. The economy has been transitioning from a command economy to a market economy since 1985. Although total GDP has increased since these reforms began, GDP per capita dropped sharply at first, and only exceeded the pre-transition figure in around 2007.
Notable firms
This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark framework. Organizations which have ceased operations are included and noted as defunct.
Name | Industry | Sector | Headquarters | Founded | Notes | Status | |
---|---|---|---|---|---|---|---|
Air Excel | Consumer services | Airlines | Arusha | 1997 | Commercial/charter airline | P | A |
Air Tanzania | Consumer services | Airlines | Dar es Salaam | 1977 | State-owned airline | S | A |
Airtel Tanzania | Telecommunications | Mobile telecommunications | Dar es Salaam | 2010 | Previously known as Celtel Tanzania, subsidiary of Bharti Airtel (India) | P | A |
Auric Air | Consumer services | Airlines | Mwanza | 2001 | Private airline | P | A |
Bakhresa Group | Conglomerates | - | Dar es Salaam | 1983 | Food & beverage, industrial transportation, construction materials | P | A |
Bank of Tanzania | Financials | Banks | Dar es Salaam | 1965 | Central bank | S | A |
Coastal Aviation | Consumer services | Airlines | Dar es Salaam | 1987 | Charter airline | P | A |
Daily News | Consumer services | Publishing | Dar es Salaam | 1972 | Government-owned English newspaper | S | A |
Dangote Industries Tanzania | Industrials | Building materials & fixtures | Mtwara | 2015 | Cement, part of Dangote Cement (Nigeria) | P | A |
Dar es Salaam Stock Exchange | Financials | Investment services | Dar es Salaam | 1996 | National Stock Exchange | S | A |
Eagle Air | Consumer services | Airlines | Dar es Salaam | 1999 | Charter airline, defunct 2002 | P | D |
Fastjet Tanzania | Consumer services | Airlines | Dar es Salaam | 2011 | Low-cost airline | P | A |
Flightlink | Consumer services | Airlines | Dar es Salaam | 2004 | Scheduled and charter airline | P | A |
MIC Tanzania Limited (tiGO) | Telecommunications | Mobile telecommunications | Dar es Salaam | 1993 | Mobile network, part of Millicom (Luxembourg) | P | A |
Mwananchi Communications | Consumer services | Broadcasting & entertainment | Dar es Salaam | 1999 | Part of the Nation Media Group (Kenya) | P | A |
Nyati Cement | Industrials | Building materials & fixtures | Dar es Salaam | 2014 | Cement | P | A |
Precision Air | Consumer services | Airlines | Dar es Salaam | 1993 | Airline | P | A |
Quality Group Limited | Conglomerates | - | Dar es Salaam | 1974 | Automotive, engineering, industrial transportation, real estate, food & beverage | P | A |
Regional Air | Consumer services | Airlines | Arusha | 1997 | Airline, part of Airkenya Express (Kenya) | P | A |
Safari Plus | Consumer services | Airlines | Dar es Salaam | 2011 | Charter airline | P | A |
Sasatel | Telecommunications | Mobile telecommunications | Dar es Salaam | 2005 | Mobile network | P | A |
Smile Communications Tanzania Limited (Smile) | Telecommunications | Mobile telecommunications | Dar es Salaam | 2009 | Mobile network | P | A |
Swala Gas and Oil | Oil & gas | Exploration & production | Dar es Salaam | 2011 | Exploration | P | A |
Tanzania Petroleum Development Corporation | Oil & gas | Exploration & production | Dar es Salaam | 1969 | State-owned oil | S | A |
Tanzania Posts Corporation | Industrials | Delivery services | Dar es Salaam | 1994 | Postal services | S | A |
Tanzania Electric Supply Company Limited (TANESCO) | Utilities | Conventional electricity | Dar es Salaam | 1964 | State-run utility | S | A |
Tanzanair | Consumer services | Airlines | Dar es Salaam | 1969 | Charter airline | P | A |
Tanzania Breweries Limited | Consumer goods | Brewery | Dar es Salaam | 1933 | Beer | P | A |
Tanzania Cigarette Company | Consumer goods | Tobacco | Dar es Salaam | 1961 | Cigarettes | P | A |
Tanzania Government Flight Agency | Consumer services | Airlines | Dar es Salaam | 2002 | State-owned airline | S | A |
Tanzania Railways Corporation | Industrials | Railroads | Dar es Salaam | 1977 | State-owned enterprise | S | A |
Tanzania Telecommunications Company Limited | Telecommunications | Fixed line telecommunications | Dar es Salaam | 1993 | Telecom | P | A |
TIPER (Tanzanian and Italian Petroleum Refining Company Limited) | Industrials | Transportation services | Dar es Salaam | 1999 | Oil terminal | P | A |
Tropical Air | Consumer services | Airlines | Zanzibar | 1999 | Charter airline | P | A |
Twiga Cement | Industrials | Building materials & fixtures | Dar es Salaam | 1966 | Cement | P | A |
Viettel Tanzania (Halotel) | Telecommunications | Mobile telecommunications | Dar es Salaam | 2015 | Subsidiary of Viettel (Vietnam) | P | A |
Vodacom Tanzania | Telecommunications | Mobile telecommunications | Dar es Salaam | 1999 | Subsidiary of Vodafone (UK) | P | A |
ZanAir | Consumer services | Airlines | Zanzibar | 1992 | Airline | P | A |
- Bank of Tanzania Twin Towers.
- Air Tanzania is the flag carrier.
- Buzwagi Gold Mine in the Shinyanga Region, operated by Acacia Mining (UK).
See also
Portals:References
- Statistical Abstract 2013, National Bureau of Statistics, Tanzania Ministry of Finance, July 2014, accessed 22 October 2014 Archived 17 April 2015 at the Wayback Machine
- "Economic Growth and Trade". USAID. 11 February 2014.
- "Tanzania: The Story of an African Transition" (PDF). International Monetary Fund. 2009.
- ^ "Company Overview of Said Salim Bakhresa & Co Ltd". bloomberg.com. Bloomberg. Retrieved 18 July 2017.
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