IMF commends TRA reforms, backs Tanzania's tax administration efforts

Tanzania, July 31 -- Dar es Salaam. The International Monetary Fund (IMF) has commended the Tanzania Revenue Authority (TRA) for strengthening tax administration and improving engagement with taxpayer... Read More

Security priority as Tanzania launches new patrol boats to combat maritime crimes

Tanzania, July 31 -- Dar es Salaam. Prime Minister Dr Mwigulu Nchemba has reaffirmed the government's commitment to strengthening national security after launching two modern patrol boats aimed at imp... Read More

Tanzania steps up cash-lite drive as digital payments hit new highs

Tanzania, July 30 -- Dar es Salaam. Tanzania is stepping up efforts to reduce reliance on cash as digital payment transactions continue to surge, with the Bank of Tanzania (BoT) urging sustained publi... Read More

BoT completes regulatory concept framework for crypto regulation

Tanzania, July 29 -- Dar es Salaam. The Bank of Tanzania (BoT) has completed an assessment of the country's virtual assets sector and developed a regulatory concept that could pave the way for formal ... Read More

Dar rental surge: Why the city now outprices regional peers

Tanzania, July 28 -- Dar es Salaam. Tanzania's commercial capital has strengthened its position as East Africa's high-cost rental hub, overtaking traditional regional giants such as Nairobi in prime p... Read More

Tanzania eyes hub status in regional arbitration services

Tanzania, July 28 -- Dar es Salaam. Tanzania is positioning itself as a regional centre for commercial arbitration as the Tanzania Institute of Arbitrators (TIArb) intensifies efforts to make the coun... Read More

BoT okays proposed Absa-NBC merger, sets key conditions

Tanzania, July 27 -- Dar es Salaam. The Bank of Tanzania (BoT) says it has no objection to the proposed merger between Absa Bank Tanzania and National Bank of Commerce (NBC), but says the South Africa... Read More

Tanzania seizes Sh1.2 billion gold in anti-smuggling operation

Tanzania, July 27 -- Dar es Salaam. The government has seized smuggled gold weighing 4,402.20 grammes and valued at Sh1.238 billion in Kiluvya, Dar es Salaam, recovering more than Sh108.3 million in t... Read More

Mkapa's decade of reforms that changed the economy

Tanzania, July 24 -- Dar es Salaam. When Benjamin Mkapa became Tanzania's third president in 1995, he inherited an economy facing severe challenges, including low government revenues, high inflation a... Read More

New Tanzania-China trade hub to cut import costs

Tanzania, July 24 -- Dar es Salaam. A new Tanzanian market has promised to simplify the sourcing of Chinese products by allowing traders to place orders through the Dar es Salaam-based East Africa Com... Read More

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