Market News
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Digitising taxes in Tanzania could provide $0.5bn annual boost
Posted on :Thursday , 22nd September 2016
Digitising taxes in Tanzania could boost the country’s revenues by half a billion dollars every year, according to a United Nations report.
The report, published yesterday by the UN-based Better Than Cash Alliance, found that by digitising value added tax and supporting the formalisation of businesses, Tanzania could collect an additional $477m annually.. . .Completion of Dodoma airport opens up Tanzania to more international business
Posted on :Wednesday , 21st September 2016
The much touted construction of Dodoma airport is set to be complete this week, allowing the airport to receive up to ten flights from different countries per day up from three that it received before the renovation.
This, coming at a time when the government finalizes plans to shift all its operation from Dar es Salam to Dodoma.Tanzania: Govt to Lease New Aircraft to ATCL
Posted on :Tuesday , 20th September 2016
Dar es Salaam — Air Tanzania Company Limited (ATCL) will not own the two planes recently purchased by the government for a reported $47 million (Sh103.4 billion), it has emerged.
The Citizen now understands that the airliners, the first of which is expected to be delivered this week, will be leased to the troubled national carrier.Tanzania: BoT State of the Economy Report Viewed Favourably
Posted on :Saturday , 17th September 2016
The state of the economy presented by Central Bank Governor, Professor Benno Ndulu, in Dar es Salaam on Wednesday has met with positive reaction from the public with analysts projecting a bright future for the country.
"The economic indicators are true and there is a bright future of the country's economy," a senior lecturer from the University of Da. . .Tanzania: Bumper Cotton Harvest
Posted on :Friday , 16th September 2016
Mwanza — At least 120,000 tonnes of cotton has been bought from farmers in the Western Zone, where 99 per cent of the country's cotton is produced annually, the cotton board has confirmed.
Mr Kisinza Ndimu, the Principal Ginnery Officer of the Tanzania Cotton Board (TCB), said the recently released figures reflected business conducted between June 21 and. . .Please Select an Option
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