DODOMA, June 25 -- THE Tanzanian government has announced plans to implement firm measures aimed at protecting the domestic economy by increasing taxes on imported goods that have sufficient locally produced alternatives.

The move is intended to safeguard local industries, boost employment for Tanzanians, and control inflation caused by overreliance on foreign goods.

Presenting the Finance Bill for the 2025/2026 fiscal year in Parliament today, Minister for Finance, Dr. Mwigulu Nchemba, stated that some foreign goods are being imported in large volumes, undermining the competitiveness of products made by local industries.

“The Bill proposes a 10 percent excise duty on imported soaps. This measure is aimed at protecting local manu...