How Africa loses Sh80tr yearly

Abuja. A high-level panel wants commitment from the continent’s leaders to curb illicit financial flows from Africa, which cost the continent $50 billion (Sh80 trillion) annually.

TheCitizen

Habari Zinazoendana

11 years ago

TheCitizen

13 May

How Dar loses Sh3 trillion yearly

Tanzania loses about Sh3 trillion ($1.87 billion) in tax revenue every year through cheating by dishonest companies in import and export transactions, a new study reveals.

 

11 years ago

TheCitizen

09 Jun

TZ loses Sh1.8tr yearly for lack of national airline

Tanzania has been losing at least Sh1.8 trillion annually because it is unable to reduce the cost of doing business and lacks a strong airline.

 

9 years ago

TheCitizen

10 Oct

Revealed: Africa loses Sh132tr to illicit deals annually

Africa loses up to $60 billion (Sh132 trillion) annually to Illicit Financial Flows (IFF), the African Union (AU) Advisory Board on Corruption said at its 18th meeting which wound up at Duluti Hall at Arusha International Conference Centre yesterday.

 

10 years ago

Vijimambo

DMK GLOBAL YEARLY EVENTS CALENDAR

 

11 years ago

TheCitizen

01 May

Tanzania can earn Sh280bn from shrimp exports yearly

Tanzania can produce 11,000 tonnes of shrimps for export annually if acquaculture is undertaken seriously.

 

10 years ago

TheCitizen

12 Mar

Brewer decries yearly excise duty rises

One thing that Tanzanians are assured of every June, is that when the Finance minister presents the country’s budget speech in Parliament, he/she will announce an increase in excise duty rates for beer, spirits, wines and cigarettes, among others.

 

10 years ago

TheCitizen

02 Mar

Oil firms rob Tanzanians of Sh18bn yearly: report

>Oil marketing companies have been stealing imported petroleum products worth Sh18 billion annually, according to a stakeholders’ report.

 

11 years ago

Daily News

15 Apr

Set yearly disaster budgets, local authorities urged

Set yearly disaster budgets, local authorities urged
Daily News
THE Disaster Management Department has advised district councils in the country to set budgets for tragedies every financial year instead of relying on the Central Government. The Coordinator of the Disaster Management Department in the Prime Minister's ...

 

10 years ago

TheCitizen

09 Dec

How TZ loses $248m to miners

Tanzania has been losing $248 million annually, equivalent to 7.4 per cent of its gross domestic product, to trade mis-invoicing, a taxation researcher reported here at the weekend.

 

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