Business Day

Tanzanian economy slows

- DAR ES SALAAM

Tanzania’s economic growth rate remained below levels targeted by the state in the second quarter, with slumps in the mining and electricit­y sectors offsetting a strong performanc­e by transport and communicat­ions. Growth slowed to 6.9% in the second quarter versus a 7% expansion in the same period a year ago, the statistics bureau said yesterday.

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