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Tourism leads Tanzanias economy
04-18-2008
Importance: High
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| Thursday, 17 April 2008 |
| From the Editor |
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Dear eTN reader,
Tourism has overtaken agriculture to become the main foreign income earner for Tanzania. According to recently-released figures, tourism has nearly tripled the amount the agriculture industry has contributed to Tanzania's economy. Click to today's lead story to learn more about this achievement by the Tanzanian tourism industry.
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Sincerely,
Nelson Alcantara
Editor-in-Chief |
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| Lead Story |
By Apolinari Tairo  DAR ES SALAAM, Tanzania (eTN) - Growing at a steady rate for the past seven years, Tanzania's tourism is booming to become the country's leading foreign income earner with nearly triple the incomes accrued from agriculture, which has dropped its earning in recent years.
According to the governor of the Bank of Tanzania (BoT), Prof. Benno Ndulu, tourism earning this year is expected to generate US$1 billion, which is contribution to about three times the annual income gained from agriculture.
The newly appointed minister for Natural Resources and Tourism, Shamsa Mwangunga, said more than 750,000 tourists are expected to arrive in Tanzania this year, bringing in about US $950 million dollars with expectations to reach US $ 1 billion exactly end of the year.
"We attribute this growth to several factors, not the least of which is that Tanzania has a stable and peaceful environment with a democratically elected government," she said. read more |
| Sponsored Feature |
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 Travelport Limited, the parent company of the Travelport group of companies, announced today it has entered into a strategic partnership with The World Travel & Tourism Council's (WTTC) Tourism for Tomorrow Awards. The Tourism for Tomorrow Awards ... April 17, 2008 |
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