TZ attracts record 29tri/- investments
DODOMA: TANZANIA has registered a record 915 investment projects worth 10.95 billion US dollars (about 29tri/-) in 2025, surpassing 901 projects valued at 9.3 billion US dollars (24tri/-) recorded in…
TZ posts strong growth, eyes 6.3pc in 2026
DODOMA: TANZANIA has recorded strong and stable economic growth in 2025, marked by higher output, rising incomes, increased investment inflows and sustained macroeconomic stability. The performance reflects the positive impact…
Relief for electric vehicle users, investors
DODOMA: ELECTRIC vehicle users, investors and clean energy businesses are set to benefit from a package of tax incentives proposed in the 2026/27 budget as the government moves to accelerate…
EAC states table people-centred, pro-growth budgets
DODOMA: EAST African Community (EAC) member states on Thursday tabled their national budget estimates for the 2026/27 Fiscal Year (FY), unveiling people-centred and growth-oriented spending plans aimed at accelerating economic…
Over 50 undergo free limb fitting assessment in Zanzibar
Unguja, Zanzibar: A limb rehabilitation outreach and training mission is underway in Zanzibar, targeting to bring smiles to 100 amputees in the Isles. As of Wednesday (June 10, 2026), a…
Tanzania unveils Sh1.72trn tax shake-up as new budget rewires economy
DODOMA: 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 redrawing…
Samia’s foreign visits target investment opportunities, not aid
DODOMA: Minister of State in the President’s Office – Planning and Investment, Prof. Kitila Mkumbo, has said that President Samia Suluhu Hassan’s visits to various countries are aimed at attracting…
New scheme powers electric cooking, EV transition
DODOMA: THE Tanzania Electric Supply Company (TANESCO) has launched a nationwide clean energy programme that will enable households to acquire electric cooking stoves through affordable instalments while rolling out 50…
EA budgets: Tanzania posts fastest growth as Kenya, Uganda face debt, investment pressures
DODOMA: EAST Africa’s 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 strategies,…
Tanzania announces exemption of value added tax on edible oil produced using locally grown seeds
DODOMA: THE Tanzanian government has exempted value added tax on edible oil produced using locally grown seeds. Speaking while presenting the Government’s Proposals on Revenue and Expenditure Estimates for the…
Govt unveils record Sh62.33trn budget, up 10.3pc, targets growth, jobs, infrastructure
DODOMA: 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 year’s Sh56.49trn, in a bold fiscal blueprint that…
Tanzania to grant one-year income tax exemption for new businesses
DODOMA: 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…
Tanzania proposes higher levies on cigarettes and sugar to fund Universal Health Insurance
DODOMA: MINISTER of Finance Ambassador Khamis Mussa Omar has announced that the government is proposing new revenue measures to support the financing of Universal Health Insurance by increasing levies on…
Tanzanian establishes Machinga Fund to empower petty traders as 18.5bn/- continues to fund their business
DODOMA: 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/- continues to…
Govt allocates Sh1.3tn for health, debt clearance
DODOMA: THE government has set aside a total of Sh1.3 trillion in the 2026/27 financial year to finance essential health services and settle verified arrears owed to suppliers, contractors, and…
Tanzania announces major reduction to boost its digital economy, support youth participation
DODOMA: 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 the country’s digital…
TCRA to phase out mobile phone recharge scratch vouchers in efforts to accelerate digital economy
DODOMA: THE Tanzania Communication Regulatory Authority, (TCRA) plans to phase out mobile phone recharge scratch vouchers in urban areas as part of sweeping reforms aimed at accelerating Tanzania’s transition to…
Tanzania targets gaming with new 5 percent betting Tax
DODOMA: TANZANIA’s Minister of Finance, Ambassador Khamis Mussa Omar, has announced that the government is proposing the introduction of a 5 percent excise duty on the value of betting stakes…
Beauty products face higher excise duty of up to 15%
DODOMA: MINISTER of Finance Khamis Mussa Omar has announced that the Government is proposing a 10 percent excise duty on imported UV/LED nail polish drying machines classified under HS Code…
Tanzania seeks to reduce reliance on imported agricultural inputs deeply affected global crisis
DODOMA: THE Tanzanian government plans to reduce reliance on imported agricultural inputs and shield farmers from global price shocks through expanded fertilizer subsidies and promotion of local production. Presenting the…
Tanzania provides 135bn/- in loans to empower 13,062 groups of youth, women, people with disabilities,
DODOMA: THE MINISTER for Finance, Dr Hamisi Mussa Omar has said the Tanzanian government has continued to empower citizens economically by providing loans to various groups of youth, women and…
Tanzania lifts the lid on World Bank’s 320m US Dollars funding to restore infrastructure hit by climate change.
DODOMA: THE Minister for Finance, Dr Hamisi Mussa Omar has said that through the World Bank, the government has received a total of 320m US dollars from 2024/25 to 2025/26…
Tanzania tables new revenue-sharing framework to finance roads, rural electrification, water, railway projects
DODOMA: TANZANIA has proposed a new revenue-sharing framework for key infrastructure funds aimed at strengthening financing for roads, rural electrification, water services, railways and special economic zones. Presenting the Government…
Tanzanian reaffirms debt position of 11.29 tri/- from various sources, reaches 89.5 percent of borrowing target
DODOMA: THE Tanzanian government has reaffirmed the country’s debt position and continued fiscal stability, revealing that it had borrowed a total of 11.29 tri/- from domestic and external sources as…
Tax reforms to boost local investment
DODOMA: THE government will begin implementing key tax reforms in the coming financial year to address longstanding concerns raised by citizens, businesses and investors, with the aim of creating a…
Tanzanian researchers adopt Gene Drive Technology as a promising tool against malaria
ARUSHA: HEALTH researchers, scientists and other stakeholders have identified Gene Drive Modified Mosquitoes (GDMM) technology as a promising tool that could support Tanzania’s efforts to eliminate malaria and achieve malaria…
TARURA completes key Mtwara bridge, ends flood isolation
MTWARA: The Tanzania Rural and Urban Roads Agency (TARURA) has completed the construction of a 21-metre bridge under the RISE project, bringing an end to years of disruption caused by…
Tanzania launches EV charging stations as clean energy drive gains momentum
DODOMA: TANZANIA has rolled out its electric vehicle (EV) charging station initiative, alongside fresh clean energy projects including the On-Bill Financing (OBF) scheme for TANESCO customers, in a move that…
TMDA strengthens drug safety oversight in fight against counterfeit medicines
DODOMA: IN a move to safeguard public health and improve healthcare delivery, the Tanzania Medicines and Medical Devices Authority Tanzania Medicines and Medical Devices Authority has pledged stronger regulatory action…
AFCON 2027: TANAPA strategy to turn football fans into tourism revenue
ARUSHA: AS East Africa prepares to host the Africa Cup of Nations (AFCON) for the first time in history, Tanzania is pursuing a strategy that extends well beyond football. Officials…
Govt boosts job creation as unemployment falls to 6.2pc on investment surge
DODOMA: THE government argues that its investment driven employment strategy is starting to bite, easing unemployment and setting the stage for a sharper surge in job creation over the next…
Tanzania Film Board endorses Season Two of Guardians of the Peak
DAR ES SALAAM: THE Tanzania Film Board has officially endorsed the second season of Guardians of the Peak, a documentary series aimed at promoting environmental conservation, sustainable tourism, and clean…
MNH performs advanced keyhole prostate cancer surgery
DAR ES SALAAM: Muhimbili National Hospital (MNH) has successfully carried out prostate cancer surgery using minimally invasive techniques, marking a significant step in the adoption of advanced urological procedures in…
New digital empowerment project targets women’s economic inclusion
DAR ES SALAAM: MORE than 100,000 women across Tanzania are set to benefit from a three-year initiative aimed at strengthening economic inclusion through digital technology in a programme designed to…
AGL Tanzania successfully implemented “PLASTIC-LESS” initiative to promote sustainability and community impact
DAR ES SALAAM: Africa Global Logistic (AGL) successfully implemented its “Plastic-Less” initiative as part of its ongoing commitment to environmental sustainability and responsible resource management. The initiative aimed to reduce…
Govt unveils sh86.3tr 2026/27 development plan
DODOMA: THE government has unveiled an ambitious Sh86.3trn National Development Plan for the 2026/27, prioritising job creation, inclusive economic growth, and strategic investments as part of Tanzania’s long-term transformation agenda…
Veteran actor Mzee Onyango passes away in Dar es Salaam
DAR ES SALAAM: THE film industry in Tanzania has suffered a major loss following the death of veteran actor, Issa Joseph, popularly known as Mzee Onyango, who passed away on…
Govt: Organic waste recycling to boost green economy
DODOMA: THE government is pushing for local and international investors to channel resources into organic waste recycling initiatives as part of wider efforts to strengthen environmental protection, improve waste management…
JKCI successfully performs CABG surgery on six Tanzanian patients
DAR ES SALAAM: THE Jakaya Kikwete Cardiac Institute (JKCI) has marked another milestone in Tanzania’s healthcare sector after successfully performing Coronary Artery Bypass Graft (CABG) surgery on six Tanzanian patients…
Tanzania’s income per person soars by 7.4 percent amid growth in productive activities
DODOMA: TANZANIA’S average income per person increased by 7.4 percent in 2025, reflecting continued economic growth and expanding productive activities across the country, the government announced today, June 11, 2026…
Tanzania pushes tourism agenda at UN meeting
TOLEDO, SPAIN: TANZANIA has reaffirmed its commitment to strengthening global tourism cooperation following its participation in the 126th Executive Council Meeting of the United Nations Tourism (UN Tourism), where member…
Tanzania readies for the Continental Energy Summit in Zanzibar
ZANZIBAR: TANZANIA is set to host energy stakeholders from across Africa and beyond during the second edition of the New African Dimension of Oil and Gas Conference and Exhibition 2026…
Tanzania, Slovakia deepen economic ties with business forum in Dar
DAR ES SALAAM: Tanzania and Slovakia are stepping up diplomatic and economic engagement this week as Slovakia’s top diplomat arrives with a delegation of nearly 50 business leaders, ahead of…
Tanzania sees a 28.3 percent rise in FDI inflows from 1.34bn to 1.72bn US dollars
DODOMA: TANZANIA continued to strengthen its position as one of Africa’s fastest-growing investment destinations, with foreign direct investment (FDI) inflows rising by 28.3 percent to 1.72bn US dollars in 2024,…
Tanzania economy hits US$91.81bn as growth climbs to 5.9pc
DODOMA: TANZANIA’S economy surged to US$91.81bn in 2025, reflecting stronger macroeconomic performance as real gross domestic product growth increased to 5.9 percent, up from 5.6 percent in 2024, according to…
Tanzania economy soars by 5.9 percent as its GDP rises from 212.tri/-to 234.1 tri/-
DODOMA: Tanzania’s economy expanded by 5.9 percent in 2025, up from 5.6 percent in 2024, reflecting continued resilience amid global economic uncertainties and geopolitical tensions, Minister of State in the…
Speaker Zungu hails CRDB Bank for constructing 5bn/- school, calls it a key educational investment
DAR ES SALAAM: SPEAKER of Parliament, Mussa Azan Zungu, has commended CRDB Bank through the CRDB Foundation for constructing a modern school worth 5bn/-in Dar es Salaam, describing the project…
Barrick commits USD 10m to train mining experts
DAR ES SALAAM: BARRICK Mining Corporation has committed to invest 10 million US dollars (over 26bn/-) in a 10-year partnership with the University of Dar es Salaam (UDSM) aimed at…
Why family still matters in women’s empowerment
DODOMA: ACROSS Tanzania, more women are starting businesses, accessing loans, joining economic empowerment groups and taking on leadership roles in their communities. This progress is transforming lives, boosting household incomes…
Why OTR’s ISO Certification strengthens future public investment management
DAR ES SALAAM: AS public institutions face growing demands for accountability, efficiency and measurable results, quality management has become more than a compliance requirement-it is now a strategic necessity. Around…