Tanzania, April 22 -- Dar es Salaam. Investment in Tanzania is showing promising prospects after ups and downs that came with political leadership changes in the last three decades.

Government statistics indicate that the number of projects and jobs created and size of injected capital increased from 1996 when the Tanzania Investment Centre (TIC) started keeping records until 2016 when numbers dropped significantly.

However, there are notable rebounds in all the three aspects used to measure investment performance.

The Minister of State in the President's Office (Planning and Investment), Prof Kitila Mkumbo, said when presenting his docket's 2024/25 budget proposals in Dodoma on Monday that investment has increased steadily since Presi...