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

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.

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.

Mail & Guardian Africa
Tanzania to offer slice of national airline to buyers, after national election
Mail & Guardian Africa
State-owned Air Tanzania says does not have enough aircraft to compete in the business, with final plan to become clearer after next month's ballot. An Air Tanzania aircraft. The carrier will be seeking partners, it says. TANZANIA'S government is ...
Tanzania Plans to Sell Stake in National Airline After ElectionsBloomberg

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Aviation business is always so complex that people like billionaire Warren Buffet dislike investing in it. For Air Tanzania Company Ltd (ATCL), it’s even worse as the state-run carrier has been going through the both financial and management doldrums. It has been a loss-making carrier before and after privatization and now, as a solely government-owned firm.

An importer of pork beef and poultry product will not pay Sh1.9 billion taxes after a tax tribunal declared that the amount demanded by the Tanzania Revenue Authority unlawful.

Treasury Registrar Enlisted in National Airline Revamp
AllAfrica.com
THE Parliamentary Public Accounts Committee (PAC) has directed the Treasury Registrar to coordinate preparations for the establishment of a new national airline or revamped Air Tanzania Company Ltd (ATCL), which should operate professionally and free ...

Tanzania Plans to Sell Stake in National Airline After Elections
Bloomberg
Tanzania's government is considering selling a stake in the national carrier in a turnaround strategy that may be implemented after a new president is elected next month, said acting Chief Executive Officer Johnson Mfinanga. State-owned Air Tanzania Corp.

>The government is working on a plan to revive the national airline following Air Uganda’s board decision not to return to the skies, according to the Director of Transport at the Ministry of Works and Transport, Mr Godfrey O. Wandera.

Lack of funds delays national ID registration
Daily News
NATIONAL Identification Authority (NIDA) has received only 41.8bn/- out of 201bn/- that was allocated in 2014/2015, making it difficult for the Authority to accomplish its functions, the House was informed on Friday. Defence and Security Parliamentary ...