In a bold move to boost investment, the Tanzanian government has scrapped 39 non-essential levies and fees. This is part of broader reforms under the 2022 Investment Act, designed to reduce bureaucratic bottlenecks and attract both local and foreign investors. 1. Bold Move in Dodoma: 39 Levies Erased to Spark Investment During the 2025 High-Level […]

The Tanzania Investment Centre (TIC) recorded $3.7 billion in project registrations between January and May 2025, up from $2.8 billion in 2024. Manufacturing led with 156 projects, while total projects are expected to create 41,117 jobs. Teri attributed the achievements to the efforts of President Dr. Samia Suluhu in creating a favorable investment environment and […]

Tanzania launches construction of USD 100 Million Tanga LPG Terminal Project with a capacity of 40,000 cubic meters. The terminal is set to become the country’s largest liquefied petroleum gas (LPG) facility, aiming to boost clean cooking access, create jobs, and serve as a regional energy hub. On 5th June 2025, Tanzania’s Deputy Prime Minister […]

On June 19, 2025, Tanzania will inaugurate the Kigongo–Busisi Bridge, popularly known as the Magufuli Bridge. Spanning 3.2 kilometers across Lake Victoria, the TZS 716 billion ($308 million) infrastructure project is expected to cut travel time significantly, stimulate trade, and ease the movement of goods and people.