Winners and losers as government finally acts on levies outcry

Summary The government yesterday scrapped the bank services levy and reduced mobile money transaction levies following strong criticism, but not all groups of people will benefit from the decision Dar es Salaam. The government yesterday scrapped the bank services levy and reduced mobile money transaction levies following strong criticism fromContinue Reading

Government abolishes levies on electronic transactions

Summary Minister of Finance and Planning, Dr Mwigulu Nchemba said that the Government had reduced the scope of charges, stimulating the use of electronic transactions to reduce cash, simplifying charges and preventing double taxation on the same income. Dodoma. Government has today September 20, announce the abolition of the recently introducedContinue Reading

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British Zanzibar Investor stuck in African island ‘hell hole’ prison

Simon Wood, a British Investor in Zanzibar is being held in a “hell hole” prison after being charged with money laundering by police on the paradise island of Zanzibar after he was arrested with his wife Francesca Scalfari. President of Zanzibar, Hussein Mwinyi, to recieve criticism for the couple’s detainment.Continue Reading