Tanzania, June 11 -- Dar es Salaam. New businesses, farmers, manufacturers, airlines and investors are among the main beneficiaries of Tanzania's 2026/27 Budget after the government introduced a package of tax exemptions, subsidies and investment incentives aimed at supporting production and lowering operating costs.

Presenting the Sh62.3 trillion budget in Parliament on Thursday, Finance Minister Khamis Mussa Omar announced a range of measures, including a 12-month tax holiday for newly registered businesses, VAT exemptions on key investment inputs and continued fuel subsidies.

The incentives are intended to support industrialisation, boost agricultural output, encourage business formalisation and attract private sector investment.

On...