DAR ES SALAAM, April 11 -- A newly introduced fuel tax payment system is tightening revenue collection and curbing tax evasion in Tanzanias petroleum sector, with industry players hailing it as a game-changer.

MOIL Energies said the system—requiring taxes to be paid before fuel is released into the market—has significantly reduced malpractice that previously led to revenue losses.

Speaking in Dar es Salaam, the companys Country General Manager, Sajad Habib Rai, said the firm is proud to have been among the first to propose the mechanism to regulators, including EWURA and the Petroleum Bulk Procurement Agency, before its formal rollout by the Tanzania Revenue Authority.

“We are pleased to see TRA fully supervising the ...