DAR ES SALAAM, Nov. 14 -- MINING and quarrying recorded the highest credit growth, expanding by 32.4 per cent in the year ending October, signalling rising investment and confidence in the extractive industries amid growing demand for construction materials and energy resources.

This surge in credit growth is significant because it points to renewed momentum in sectors that play a key role in driving industrialisation, job creation and infrastructure development.

It also reflects how financial institutions are increasingly channeling funds toward productive sectors, which could boost economic growth and export earnings.

According to the latest Bank of Tanzania (BoT) Monthly Economic Review, the sectors strong performance outpaced agric...