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Tanzania Parliament Passes TZS 20.19 Trillion Finance Budget with Unified E-Invoicing Strategy to Enhance Revenue Collection

  • June 9, 2025
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The Parliament of Tanzania has approved a TZS 20.19 trillion budget for the Ministry of Finance for FY 2025/26 to support its five key priorities. The budget includes TZS 19.43 trillion for recurrent expenditure and TZS 757.79 billion for development, alongside allocations for the National Audit Office. On 5th June 2025, the Parliament of Tanzania […]

Business

TANTRADE Teams Up with TanzaniaInvest to Strengthen Trade and Investment Promotion Efforts

  • June 6, 2025
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TanTrade signed a partnership with TanzaniaInvest.com to promote Tanzania’s trade and investment potential. TanzaniaInvest now showcases TanTrade and features an exclusive interview with its Director General, Latifa Khamis. TanTrade and TanzaniaInvest.com exchange information and materials and make them available on their respective platforms to enhance visibility and reach. The MoU was signed at TanTrade´s premises […]

Business

Tanzania Sees 40% Surge in Non-Tax Revenue from State and Partially-Owned Firms, Aiming for TZS 1 Trillion in 2024/25

  • June 4, 2025
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The Tanzanian government recorded a 40% increase in non-tax revenue, reaching TZS 884.7B from July 2024 to May 2025, driven mainly by dividends. It now targets TZS 1T by the financial year end, supported by stronger oversight, digital systems, and reforms across public institutions and minority-share companies. The amount rose to TZS 884.7 billion from […]

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Zanzibar Investment Summit 2025: Pemba, 12–15 June

  • June 3, 2025
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The Zanzibar Investment Summit 2025 will take place on 12–15 June at the Micheweni Free Economic Zone in Pemba. The event will present investment opportunities in tourism, agriculture, fisheries, real estate, energy, and the digital economy. The Zanzibar Investment Summit 2025 will be held from 12 to 15 June 2025 in Micheweni Free Economic Zone, […]