Tanzania Retail Report - Business Monitor International - Industry Reports

Tanzania Retail Report

Tanzania Retail Report - Business Monitor International - Industry Reports
Tanzania Retail Report
Published Oct 08, 2016
52 pages — Published Oct 08, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

In terms of total spending, Tanzania, at USD--.-bn in ----, is one of the smaller markets in the region, particularly when considering it has one of the largest populations. It falls shortly behind Kenya (with estimated spending of USD--.-bn in ----) and well behind region-leading Nigeria (USD---.-bn) and South Africa (USD---.-bn). ...In ---- this category takes --.- of the total, equating to USD--.-bn. While much of the food and drink sector remains categorised by informal retail space (such as local, open-air markets and small kiosks), we are seeing demand for formal retail space increase, particularly in the larger cities. The country remains fairly self-sufficient in food production (with extensive production of basic staples), and does not rely heavily on food imports; however, demand for imported, ...While much of the food and drink sector remains categorised by informal retail space (such as local, open-air markets and small kiosks), we are seeing demand for formal retail space increase, particularly in the larger cities. The country remains fairly self-sufficient in food production (with extensive production of basic staples), and does not rely heavily on food imports; however, demand for imported,

...BMI View: Tanzania is expected to prove a regional outperformer in ----, with GDP expanding by -.- in ----. While the influx of international aid is slowing, Tanzania is benefiting from lower global oil prices and a period of low inflation and improving access to credit will provide a further stimulus to the growing retail sector. ...While the influx of international aid is slowing, Tanzania is benefiting from lower global oil prices and a period of low inflation and improving access to credit will provide a further stimulus to the growing retail sector. While the competitive landscape remains dominated by informal retail spaces, we are seeing more investment in modern retail formats, particularly in Dar es Salaam and other large cities and Tanzania is increasingly attracting the attention of regional retailers. That being said, low average income levels and limited urbanisation will continue to present challenges to businesses keen to take advantage of the potential offered by Tanzania s young and growing population. ...

...Business banking services are also improving with Stanbic Bank launching a range of services for small and medium enterprises in September ---- which will support new smaller-scale domestic retailers. Although Tanzania has one of the largest populations in the region (at an estimated --.-mn), it falls behind in terms of total household spending, which we forecast at USD--.-bn in ----. ...Business banking services are also improving with Stanbic Bank launching a range of services for small and medium enterprises in September ---- which will support new smaller-scale domestic retailers. Although Tanzania has one of the largest populations in the region (at an estimated --.-mn), it falls behind in terms of total household spending, which we forecast at USD--.-bn in ----. The bulk of spending remains focused on basic essential items in the food and drinks segment, which accounts for almost half of total household spending. ...

  
Source:
Document ID
2399-2085
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Tanzania Retail Report" Oct 08, 2016. Alacra Store. Dec 03, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Tanzania-Retail-Report-2026-2018>
  
APA:
Business Monitor International - Industry Reports. (2016). Tanzania Retail Report Oct 08, 2016. New York, NY: Alacra Store. Retrieved Dec 03, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Tanzania-Retail-Report-2026-2018>
  
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