The United Republic of Tanzania has sustained 6-7 percent Gross Domestic Product (GDP) growth since the late 1990s due to a relatively stable political environment, reasonable macro-economic policies, structural reforms, resiliency from external shocks, and debt relief. Furthermore opportunities lie in agriculture, tourism infrastructure and due to the discovery of large gas fields there are also opportunities in the energy sector.
Challenges the Tanzanian investment climate has to overcome is that it remains difficult doing business in Tanzania despite good (growth) prospects. This is mainly due to arbitrary claims of the Tanzanian Tax Authority, coupled with heavy fines. There is no “equal level-playing-field”. Foreign and visible companies seem to be particularly targeted by the authorities.