Dar es Salaam, Jan. 31 -- DAR ES SALAAM: TANZANIA has secured third place in macroeconomic environment and transparency, according to the Absa Africa Financial Markets Index (AFMI) 2024.

The latest report, released yesterday, shows the country scoring 85 out of 100 points, outperforming some of its East African counterparts including Kenya (76 points) and Rwanda (80 points). Botswana topped the category with 88 points, followed by Uganda at 87 points.

The countrys impressive score is attributed to greater transparency, including public access to the monetary policy meeting schedule, low inflation and a reduced nonperforming loan ratio.

The report highlights that Tanzania has improved monetary policy transparency by publicly scheduling ...