Next govt expected to lower taxes for tourism to grow

The Global Architectural Engineering and Construction Solutions (AECS) Market is expected to grow by USD 4.69 bn during 2020-2024, progressing at a CAGR of 12% during the forecast period  GlobeNewswire

>The government is working on solutions to various challenges facing the housing sector to increase its contribution to the economy.

IPPmedia
Govt moves on taxes welcome
IPPmedia
If what is being discussed in the National Assembly is consistently implemented, it could lead to a major revamp in the way we do business in our country and make planned targets more achievable. We are talking about the monitoring of projects to ensure ...

IPPmedia
Private sector lobbies for govt to lower VAT from 18 to 16 per cent
IPPmedia
The private sector has recommended the government reduce Value Added Tax (VAT) from the current 18 per cent to 16 per cent, the Parliamentary committee on Budget informed the National Assembly yesterday. Making the presentation yesterday in the ...
Dar Tables Bill to Improve Tax CollectionAllAfrica.com

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The government has assured farmers that it will review some taxes charged on agriculture to encourage agribusiness development in the country.

From farmers to pharmacists, pain lies in store for Greeks across the board as the new government readies to raise taxes and rewrite the economic rule-book in line with tough reforms demanded by the country’s international creditors.

>The minister for Foreign Affairs and International Cooperation, Mr Bernard Membe, said yesterday that his ministry will next year use economic diplomacy to sell Tanzanian tourists attraction features including Mount Kilimanjaro to the international community.

Minister for Natural Resources and Tourism Prof Jumanne Maghembe yesterday said the government would increase budget for tourism with the aim of devising ways of attracting more tourists.

Tanzania may improve its tourism revenue if the government increases its investment in overseas promotion, stakeholders say.