Business

Bold Move in Dodoma: 39 Levies Erased to Spark Investment

  • June 23, 2025
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During the 2025 High-Level Strategic Dialogue in Dodoma, attended by government officials, development partners, and non-state stakeholders, Zanzibar Principal Secretary Dr. Juma Maliki Akili announced the radical slashing or complete removal of 39 fees and levies. This milestone policy decision is part of a broader agenda to promote macroeconomic inclusion and simplify investment procedures across sectors

Business

TPSF Opposes Proposed 10% Withholding Tax on Retained Earnings in Tanzania’s 2025/26 Draft Budget

  • June 23, 2025
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The Tanzania Private Sector Federation (TPSF) has raised concerns about the 10% withholding tax (WHT) on retained earnings in the draft Tanzania Budget 2025-2026. TPSF warns that the measure could impact investment and reinvestment, calling for sector exemptions, clearer guidelines, and a longer timeline to support business growth. The hearing, organized by the Parliamentary Budget […]