Israeli to cut corporate, VAT to boost economy

Tanzania does not come out smelling like roses in the World Bank’s yearly Doing Business reports publications, largely due to bureaucratic procedures in areas such as handling construction permits and paying taxes.

News that a drop in the number of tourists visiting Tanzania Mainland is threatening Zanzibar’s economy is disturbing but not quite surprising.

Reports that our roads are getting destroyed by heavy trucks ferrying cargo for the local and regional markets are disturbing, for we have the alternative that can stop this ruin.

Can Somalia attract big energy firms to start drilling?

 The traffic situation in Dar es Salaam, our country’s commercial capital is bad – very bad! That is the conclusion one will make even without the benefit of informed expertise in urban transport.

President Magufuli wants Tanzanians to bear more children to boost economy  The Citizen Daily

NIC Bank Tanzania will benefit from Tzs 8.5 Billion of additional capital from the Bank’s shareholders. The funds will be disseminated in two tranches of Tzs 5.8B with the injection of additional capital from NIC Bank Kenya already done in December 2013, with the Tzs 2.7B balance from the other local shareholders of NIC Bank Tanzania expected within a period of 6 months but no later than June 2014.

“A growing financial need in this market has required that NIC Bank Tanzania further grow...

>This is the second part and last part of articles on life balance in the corporate sphere. The first article, discussed why it is important for a business owner to hire the right people and treat them like gold. In this article, we talk about qualities of balanced individuals:

>Tanzania maintained its place as one of 20 fastest growing economies in the world with its average growth rate of 6.9 per cent between 2005 and last calendar year, it has been reported.