The word “banana” refers to a crop that cuddles a number of species commonly known as Musa spp. In Tanzania, the crop is the fourth most important crop for food and income generation for more than 30 percent of the total population. In East Africa, Tanzania is the second banana producer after Uganda. The country has the highest world’s consumption rate between 280-500 kg per person. Despite the crop’s importance its production has declined from 18 t/ha in the 1960s to 5-7 t/ha/year in 2016. This review examined the status of banana production by identifying threats and opportunities with the aim of providing readily available resource for Researchers and Agriculture Extension Officers for better banana production.