Sh4.6 billion lost to tax exemptions in 2 years

New Find Contradicts The Theory Earth Mysteriously Lost Oxygen 2 Billion Years Ago  ScienceAlert

The government is preparing a list of individuals and companies that have been granted tax exemptions of some Sh6.8 trillion in the past four years.

Tax exemptions disappoint MPs
Daily News
MEMBERS of Parliament (MPs) may reject two bills concerning tax exemptions slated for tabling in the National Assembly next week because the laws are not satisfactory. The MPs also challenged the powers of the Minister for Finance in granting tax ...

>Finance minister Saada Mkuya yesterday tabled a budget that seeks to rein in lavish spending as it abolishes expensive tax exemptions. But even though the government promised to reduce the cost of living, the budget presented yesterday did not demonstrate clearly how the man on the street would get relief when it comes to daily household expenses.

Swala Oil and Gas Tanzania, a subsidiary of Australia-listed Swala Energy, is seeking to raise Sh4.8 billion in the coming Initial Public Offering (IPO) as the regulator approved the company’s prospectus.

I was most consternated by the route which the Tanzania Govt. of President Jakaya Kikwete has chosen to take in efforts to root out poaching which threatens to leave the country without elephants in a decade or so hence!

A global logistics firm, DHL Express, has invested at least 1.8 million Euros (about Sh3.9 billion) in Tanzania during the past two years as the firm expands its business in the country.

GhanaWeb
Tanzania gov't restricts foreign travels, tax exemptions
GhanaWeb
Tanzania's new president has ordered restrictions on foreign travel by government officials and cuts in tax exemptions, signalling the potential start of fiscal belt-tightening measures by his government. John Magufuli, sworn in on Nov. 5 as Tanzania's ...
Tanzania's new president curbs foreign travel for officials, tax exemptionsReuters Africa
Clerics earn Magufuli tributeDaily News | The National Newspaper (press...

IPPmedia
Govt: Bill to scrap tax exemptions to be tabled before long
IPPmedia
A bill to nullify tax exemptions for both local and foreign investors is to be tabled before Parliament in the near future the government has said. Minister of State Prime Minister's Office-Coordination and Parliamentary Affairs William Lukuvi made the remarks ...