DAR ES SALAAM, Oct. 24 -- THE government has called upon the citizens to take full advantage of the vast economic opportunities available across the country, stressing that it is now ten times easier for Tanzanians to invest than ever before.

The improved investment climate follows the enactment of the new Investment Act, 2022, by the sixth-phase government under the leadership of President Dr Samia Suluhu Hassan.

The new law slashed the minimum capital requirement for local investors to 125m/-, which is ten times lower than the 1.25bn/- required for foreign investors.

Before the new legislation, domestic investors were required to have a minimum capital of 100,000 US dollars (over 248m/-).

Tanzania Investment and Special Economic Zon...