Tourism remains on top of Tanzania’s foreign exchange earners

Tanzania News

TOURISM REMAINS TANZANIA’S NUMBER ONE FOREIGN EXCHANGE EARNER

(Posted 11th March 2014)

Tanzania’s Central Bank has officially confirmed that tourism remains the number one foreign exchange earner after overtaking gold exports last year.

Figures made available from a source in Dar es Salaam speak of earnings topping 1.88 billion US Dollars for 2013, up from 1.7 billion US Dollars in 2012 and 1.35 billion US Dollars in 2011.

This makes tourism, for now at least, Tanzania’s leading economic sector though gas exports, when the newly discovered gas fields in the South of Tanzania have been fully developed and tapped for production, are likely to perform even better in the future in monetary terms.

Tanzania’s tourism team is now returning from attending ITB 2014 and are reportedly in good spirit though some have admitted that the ongoing controversy over poaching in the country and an increase in crime on the holiday island of Zanzibar have caused and continue to cause concern among the tourism fraternity.

Tanzania’s tourism industry is now focusing on the upcoming ‘Karibu Tourism Trade Fair’ in Arusha, which is due to take place between 06th and 08th of June, where all leading Tanzanian hotels, resorts, safari lodges and camps and safari operators will be present to showcase their attractions, besides of course dozens of companies from the wider East African region who have come to appreciate the pull Karibu has developed over the years as Eastern Africa’s foremost international tourism trade fair.

Karibu is then followed later in the year by the Swahili International Tourism Expo, taking place in Dar es Salaam between October 01st to 04th.

For more information visit www.karibufair.com and for country information click on www.tanzaniatouristboard.com