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EA budgets: Tanzania posts fastest growth as Kenya, Uganda face debt, investment pressures

DODOMA, June 12 -- EAST Africas 2026/27 budgets have set the stage for a regional economic race defined less by size alone and more by growth momentum, fiscal pressure and competing development strate... Read More


Govt unveils record Sh62.33trn budget, up 10.3pc, targets growth, jobs, infrastructure

DODOMA, June 12 -- TANZANIA has unveiled its largest-ever national budget of Sh62.334trn for the 2026/27 financial year, marking a 10.3 percent increase from last years Sh56.49trn, in a bold fiscal bl... Read More


Tanzania unveils Sh1.72trn tax shake-up as new budget rewires economy

DODOMA, June 12 -- THE government has set in motion one of its most ambitious tax overhauls in recent years, unveiling a 2026/27 package expected to generate an additional Sh1.72trn while quietly redr... Read More


Samia's foreign visits target investment opportunities, not aid

DODOMA, June 12 -- Minister of State in the Presidents Office – Planning and Investment, Prof. Kitila Mkumbo, has said that President Samia Suluhu Hassans visits to various countries are aimed a... Read More


New scheme powers electric cooking, EV transition

DODOMA, June 12 -- THE Tanzania Electric Supply Company (TANESCO) has launched a nationwide clean energy programme that will enable households to acquire electric cooking stoves through affordable ins... Read More


Tanzania to grant one-year income tax exemption for new businesses

DODOMA, June 12 -- THE Minister for Finance, Khamis Mussa Omar, has announced that the government will grant a one-year income tax exemption to newly registered businesses from the date they obtain a ... Read More


Tanzania announces exemption of value added tax on edible oil produced using locally grown seeds

DODOMA, June 12 -- THE Tanzanian government has exempted value added tax on edible oil produced using locally grown seeds. Speaking while presenting the Governments Proposals on Revenue and Expenditu... Read More


Tanzanian establishes Machinga Fund to empower petty traders as 18.5bn/- continues to fund their business

DODOMA, June 12 -- THE Minister for Finance, Dr Hamisi Mussa Omar said the Tanzanian government has established the Machinga Fund to empower small business owners known as Machinga, where 18.5bn/- con... Read More


Tanzania announces major reduction to boost its digital economy, support youth participation

DODOMA, June 12 -- THE Tanzanian government has proposed significant reductions in fees for online content licenses, a move aimed at improving the business environment and accelerating the growth of t... Read More


Samia reaffirms Tanzania's neutral stance amid global power rivalries

MOSCOW, June 11 -- PRESIDENT Samia Suluhu Hassan has reiterated that Tanzania will continue to uphold its long-standing non-aligned foreign policy, insisting the country will maintain open and constru... Read More