With 2018 swiftly approaching, Menas Associates have prepared a forecast on its core focus markets to prepare clients for the upcoming challenges ahead. The Forecast 2018 covers six key areas in its country risk analysis:
- Domestic policy
- Security
- International affairs
- Economy
- Energy
- Other industry
If you would like to receive the full version of The Forecast: East Africa 2018 then please contact the consultancy team
Domestic politics and policy, an overview:
The Tanzania 2018 political outlook is dominated by President John Magufuli’s continued closing of the political space in Tanzania.
Security, an overview:
Tanzania will experience a continued threat from Islamic militants. However, most security risk will be caused internally.
International affairs, an overview:
International community
The international community has been heavily invested in Tanzania for years, and will be hesitant to damage relations, although relations will cool somewhat over Magufuli’s increasingly authoritarian stance in domestic politics.
East African Community
Tanzania has long had uneasy relations with Kenya and its proactive business community, and has been dragging its feet on regional integration in the East African Community (EAC).
Economy, an overview:
The government will continue its focus on mega projects in the infrastructure space. The IMF had cautioned the government to postpone large projects until financing is secured.
Energy, an overview:
Considerable uncertainty surrounds one of Tanzania’s largest energy sector projects, the Lindi LNG plant with a planned investment volume of US$30 billion.
Other industries, an overview:
At least the first half of 2018 will show a slowdown in mining investments as companies assess the impact of the legal changes made to the mining legislation that give the government carried interest, a profit share, and the ability to renegotiate mining contracts.
