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Author:Versi, A.
Title:Nation on the go
Journal:African Business
2001 : 265, p. 25-27
Index terms:AFRICA
TANZANIA
ECONOMIC CONDITIONS
Language:eng
Abstract:The old, socialist Tanzania is disappearing by the day. Buoyed by a substantial debt cancellation and an upsurge in mining, Tanzania is eagerly embracing free-market policies and modernizing its infrastructure. Tourism is expected to be the prime engine of growth as the country races to make for lost times. A series of reforms in the mining, financial, tourism and state sectors - unthinkable during Julius Nyerere's socialist era - has rekindled interest among foreign investors. Tanzania has now woken up and it is becoming the most exciting economic entity in the East African region.
SCIMA record nr: 227361
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