Tanzania clears 370 hurdles as private sector takes bigger role in economy
DAR ES SALAAM, June 15 -- TANZANIA has eliminated more than 370 regulatory barriers and introduced tax measures aimed at making it easier for businesses to operate, as the government prepares to rely more heavily on the private sector to deliver its Development Vision 2050 targets.
Deputy Minister for Industry and Trade Dennis Londo said the reforms are part of efforts to create a competitive business environment capable of supporting investment and industrial growth.
According to him, the changes come as the country set to begin implementing the 2026/27 national budget, which marks the start of the Development Vision 2050 agenda where private enterprises are expected to play a leading role.
“Nearly 70 per cent of the targets und...
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