New Tax Tribunal Ruling: What It Means for Tanzanian Businesses
WHEN TO PAY WITHHOLDING TAX IS NOW CEMENTED: The Tax Revenue Appeals Tribunal (TRAT) rules that Withholding Tax is due…
Did You Know Withholding Tax Isn’t a Cost but a Benefit?
Withholding Tax is the amount of money a taxpayer withholds from gross payments for relevant services/goods to his/her supplier.…
The 1% Frontier: Tackling Africa’s Payment Puzzle – Unbuilt and Undeterred
What is one percent built? Benjamin Fernandes likes to quip that “payment in Africa is one percent built” It…
Turning Currency Constraints into Opportunities: Lessons from Nigeria for Local Input Substitution
Can Foreign Currency Crunch be a Blessing in Disguise? Conventional wisdom guides us to believe that the lack of…
Bank of Tanzania’s Game-Changing Policy Shift: A New Dawn for Economic Stability
As announced on the 3rd of January 2024, the Bank of Tanzania’s plan has moved from its traditional policy framework…
Financial Predators: A Tale of Financial Struggles in Tanzania
Yesterday, as I boarded our usual local “DalaDala”, an unexpected conversation unfolded with a woman whose appearance suggested a…
Tanzania’s National Debt: Analyzing Contrarian Perspectives and Economic Realities
Tanzanian national debt has wedged a dissonance with a rosy side trumpeted by authorities that the national debt is…
Tanzania’s Exchange Rate Policy: IMF Urges Greater Flexibility for Economic Stability
The International Monetary Fund (IMF) has recently called for Tanzania to adopt a more flexible exchange rate policy to…
A Strategic Roadmap to Prosperity: Tanzania’s Investment Blitz Lures Global Players
With its golden sands and vibrant shores, Tanzania is rapidly becoming a magnet for global investors. This transformation is…
Equator Principles in Peril? Financiers of EACOP Pipeline Face Potential Breach Accusations, Raising Red Flags for ESG-Focused Banks
The ambitious East African Oil Pipeline (EACOP) project, aiming to transport Ugandan oil across 1,443 kilometres to a Tanzanian…
