TANZANIA, one of the developing countries in the world, is faring well in terms of attracting investments from all corners of the world. Data from the Tanzania Investment Centre (TIC) shows foreign investments have been on upward trend, indicating that investors are satisfied with the investment environment.
It is notable that South Africa will still host the African Growth and Opportunity Act (Agoa) Private Sector Forum next month, given that several US lawmakers have called for it to be moved elsewhere, and have questioned the country’s preferential trade terms with the US under AGOA as such preferential access to the US markets is open only to African countries that do not threaten American security interests.
