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Bold Move in Dodoma: 39 Levies Erased to Spark Investment

During the 2025 High-Level Strategic Dialogue in Dodoma, attended by government officials, development partners, and non-state stakeholders, Zanzibar Principal Secretary...
  • BY epbtz
  • June 23, 2025
  • 0 Comment
Business

TPSF Opposes Proposed 10% Withholding Tax on Retained Earnings in...

The Tanzania Private Sector Federation (TPSF) has raised concerns about the 10% withholding tax (WHT) on retained earnings in the...
  • BY epbtz
  • June 23, 2025
  • 0 Comment
Business

Tanzania Central Bank Inks Agreements to Purchase 20% of Gold...

The Bank of Tanzania (BoT) signed gold purchase agreements with four firms to buy 20% of their output. The policy...
  • BY epbtz
  • June 20, 2025
  • 0 Comment
Business

World Bank Grants $227 Million to Support Marine Protection and...

On June 11, 2025, the World Bank approved $227M in financing for climate and marine conservation in Tanzania. The funds...
  • BY epbtz
  • June 18, 2025
  • 0 Comment
Business

Tanzania Eliminates 39 Levies to Encourage Domestic and Foreign Investments

In a bold move to boost investment, the Tanzanian government has scrapped 39 non-essential levies and fees. This is part...
  • BY epbtz
  • June 17, 2025
  • 0 Comment
Business

TIC Registers $3.7 Billion Worth of Projects from January to...

The Tanzania Investment Centre (TIC) recorded $3.7 billion in project registrations between January and May 2025, up from $2.8 billion...
  • BY epbtz
  • June 16, 2025
  • 0 Comment
Business

Tanzania Begins Building $100 Million Tanga LPG Terminal to Establish...

Tanzania launches construction of USD 100 Million Tanga LPG Terminal Project with a capacity of 40,000 cubic meters. The terminal...
  • BY epbtz
  • June 13, 2025
  • 0 Comment
Business

Opening of Kigongo–Busisi Bridge Marks New Era for Northwestern Tanzania

On June 19, 2025, Tanzania will inaugurate the Kigongo–Busisi Bridge, popularly known as the Magufuli Bridge. Spanning 3.2 kilometers across...
  • BY epbtz
  • June 12, 2025
  • 0 Comment
Business

World Bank Supports 5.4% Growth in Early 2025, Driven by...

The World Bank has validated Tanzania’s economic momentum, projecting 5.4% growth in early 2025. The services sector, particularly tourism, has...
  • BY epbtz
  • June 10, 2025
  • 0 Comment
Business

Tanzania Projects 6% GDP Growth in 2025: Strong Economic Recovery...

Tanzania’s Finance Minister and Central Bank Governor have jointly announced a forecasted GDP growth of 6% in 2025, up from...
  • BY epbtz
  • June 9, 2025
  • 0 Comment
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