Tanzania’s Booming Economy Exposes Business Weaknesses—Experts Call for Strategic Action

Facebook
Twitter
LinkedIn
WhatsApp

While Tanzania’s economy is surging with a 5.6% GDP growth in early 2024, fueled by manufacturing, construction, tourism, and financial services, a stark reality looms beneath the progress—over half of businesses in the country fail within their first five years.

According to recent studies, 53.2% of Tanzanian businesses collapse due to fragmented systems, poor strategic planning, and bureaucratic challenges. Despite economic expansion, many companies struggle to keep pace with the evolving business landscape, leaving most of the owners and managers in an unsuccessful search for solutions.

In response to this challenge, TAPBDS has announced an exclusive Corporate Strategy Workshop in Zanzibar from April 23rd – 25th, 2025, aimed at equipping business leaders, executives, and decision-makers with the tools to navigate complexity, ensure long-term sustainability, and position their organizations for lasting success.

This workshop is a game-changer since it brings together top minds to help businesses transition from survival to strategic growth in an increasingly competitive market.

With Tanzania poised for further economic expansion, experts emphasize that now is the time for businesses to rethink their strategies. The workshop will provide opportunities for insightful discussions, expert-led guidance, and actionable solutions to help businesses thrive in the era of transformation.As the clock ticks towards the date, business leaders across the country and beyond are urged to seize this opportunity to future-proof their enterprises and unlock their full potential. To subscribe to this workshop click here or call directly to +255756 469818 (Salma Mazana) Business Development Manager.

Book Your Appointment

So our team can reach out to you on time