Business

Tanzania and the Czech Republic Sign Double Taxation Agreement to Boost Investments

  • May 19, 2025
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Tanzania and the Czech Republic have signed a Double Taxation Agreement aimed at eliminating double taxation and preventing tax evasion. The deal is expected to increase investment and business activity between the two countries, particularly in the manufacturing and technology sectors. The agreement was signed in Dar es Salaam by Tanzania’s Minister for Finance, Dr. […]

Business

Tanzania and Mozambique to Form Joint Economic Commission to Enhance Trade and Investment

  • May 16, 2025
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Tanzania and Mozambique agreed to establish a Joint Economic Commission to enhance trade, investment, and cooperation across key sectors, including agriculture, energy, and infrastructure. The agreement was reached during bilateral talks between Presidents Samia Suluhu Hassan and Daniel Chapo in Dar es Salaam. The agreement was reached on 8 May 2025 during official talks between […]

Business

EU Launches €11M Marine Conservation Project in Zanzibar Targeting 500,000 People and 360 Green Entrepreneurs

  • May 8, 2025
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The EU has launched the €11M Pamoja Tuhifadhi Bahari Yetu marine conservation project in Zanzibar. The initiative aims to reach 500,000 people, support 360 green entrepreneurs, and expand marine areas under sustainable management by 10% by 2028. The project is funded under the EU’s Blue Economy for Job Creation and Climate Change Adaptation programme. The […]

Business

Tanzania Issues 8,501 Mining Licences in 2024–2025, Revokes 14, and Warns 95 More for Inactivity

  • May 7, 2025
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Between July 2024 and March 2025, Tanzania issued 8,501 mining licences and revoked 14 for non-compliance. The Ministry of Minerals also warned 95 large- and medium-scale licence holders to justify inactivity by May 13, 2025, or face cancellation, as seven dormant licences represent a potential TZS 15 trillion investment. The figure represents progress towards the […]