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Tanzania Foreign Investment News (Page 66)

Tanzania Foreign Investment news

Higher digital service tax costs in Tanzania?

Higher digital service tax costs in Tanzania?

2023-01-20
By: Investment News Editor
On: January 20, 2023
In: Tanzania Foreign Investment News

Whilst the application of VAT on imported services is not a new concept, in practice it is only recently that its application has been extended in Tanzania to electronic services.Continue Reading

India’s investments in Tanzania hit .68 billion

India’s investments in Tanzania hit $3.68 billion

2023-01-20
By: Investment News Editor
On: January 20, 2023
In: Tanzania Foreign Investment News

Tanzania received $3.68 billion in Indian investment during the previous fiscal year.Continue Reading

Tanzania’s new Digital Tax law needs reform

Tanzania’s new Digital Tax law needs reform

2023-01-20
By: Investment News Editor
On: January 20, 2023
In: Tanzania Foreign Investment News, Zanzibar Business News, Zanzibar Foreign Investment News

There is added ambiguity as to how VAT on digital services will be treated in Zanzibar in contrast to mainland Tanzania.Continue Reading

Tanzania Shilling stable in 2022 amid shocks 

Tanzania Shilling stable in 2022 amid shocks 

2023-01-19
By: Investment News Editor
On: January 19, 2023
In: Tanzania Foreign Investment News

The Tanzania’s shilling maintained stability against the dollar and other major currencies as depreciation remained below one percent throughout 2022, despite the shocks in the global economy.Continue Reading

A call for holistic review of Tanzania Taxes

A call for holistic review of Tanzania Taxes

2023-01-19
By: Investment News Editor
On: January 19, 2023
In: Tanzania Foreign Investment News

Tanzania’s informal sector is significant (which is where the majority of the MSME would be found) but if this sector could be part of the formal economy, the benefits in terms of widening the tax base and collection of tax would be immeasurable.Continue Reading

Trade between Tanzania and Comoros to flourish

Trade between Tanzania and Comoros to flourish

2023-01-19
By: Investment News Editor
On: January 19, 2023
In: Tanzania Foreign Investment News

Trade between Tanzania and Comoro through Mtwara port is expected to increase several fold following the current business volume compared to last fiscal year according to acting Mtwara port Manager, James Ng’wandu.Continue Reading

New lawsuit as Zanzibar airport controversy continues

New lawsuit as Zanzibar airport controversy continues

2023-01-19
By: Investment News Editor
On: January 19, 2023
In: Tanzania Foreign Investment News, Top News, Zanzibar Business News, Zanzibar Foreign Investment News

Another company joins the list as they file a petition challenging the exclusive rights granted to Dnata by Zanzibar Airports Authority.Continue Reading

Tanzania bans Kenyan firm for buying unripe avocados

Tanzania bans Kenyan firm for buying unripe avocados

2023-01-18
By: Chief Editor
On: January 18, 2023
In: Tanzania Foreign Investment News

Kandia Fresh Company permit has been cancelled and its Kenyan employee arrested.Continue Reading

Uber resumes Tanzania services

Uber resumes Tanzania services

2023-01-18
By: Chief Editor
On: January 18, 2023
In: Tanzania Foreign Investment News

Ride-hailing taxi giant Uber has resumed its services in Tanzania, it said on Wednesday, settling a fare dispute with the government.Continue Reading

Tanzania coal exports hit record levels in 2022

Tanzania coal exports hit record levels in 2022

2023-01-18
By: Investment News Editor
On: January 18, 2023
In: Tanzania Foreign Investment News

Tanzania exported $141.6 million (Sh325.6 billion) worth of coal due to increasing demand fueled by the global energy crisis in the year ending November, 2022.Continue Reading

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Tanzania central bank tells hotels to obtain foreign currency exchange license

Tanzania central bank tells hotels to obtain foreign currency exchange license

On: March 15, 2024

BoT governor, Emmanuel Tutuba, urges tourist hotel owners and operators to obtain foreign currency exchange licences to combat the black market.

Zanzibar airport awarded for service excellence

Zanzibar airport awarded for service excellence

On: March 14, 2024

The Abeid Amani Karume International Airport (AAKIA) has won the Best Airport under two Million Passengers in Africa award.

Zanzibar: Containers and dhows carrying alcohol stuck at Malindi Port

Zanzibar: Containers and dhows carrying alcohol stuck at Malindi Port

On: March 13, 2024

ZMMI, Scotch Store and One Stop Company have filed contempt of court case against Nicholas Eshalin, the chief executive officer of the Zanzibar Multipurpose Terminal

Tanzania’s Acrobatic Heroes Ramadhan Brothers Return Home

Tanzania’s Acrobatic Heroes Ramadhan Brothers Return Home

On: March 8, 2024

The acrobatic duo from Tanzania, the Ramadhani Brothers, returned home today, following their victory two weeks ago at the American Got Talent (AGT) Fantasy League World Champions.

The big question: What guides Samia’s leadership philosophy? – 2

The big question: What guides Samia’s leadership philosophy? – 2

On: March 8, 2024

Samia is the First female President, Commander in Chief, and Chairperson of the ruling Party in Tanzania.

Eight dead, 78 hospitalised following suspected consumption of turtle meat in Zanzibar

Eight dead, 78 hospitalised following suspected consumption of turtle meat in Zanzibar

On: March 8, 2024

Eight children have died, and 78 other people have been admitted to the hospital after allegedly consuming a sea turtle on Panza Island, Zanzibar’s South Pemba Region.

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Zanzibar sets stage for major investment push in Pemba

Zanzibar sets stage for major investment push in Pemba

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Tanzania earns Sh300 billion from sesame exports in 2024

Tanzania earns Sh300 billion from sesame exports in 2024

Zanzibar’s First VP calls for honest retelling of nation’s history

Zanzibar’s First VP calls for honest retelling of nation’s history

Zanzibar proposes new taxes to boost local industries and protect jobs

Zanzibar proposes new taxes to boost local industries and protect jobs

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