By Henry Lyimo, Daily News, TanzaniaTHE government is keen to adopt policy measures that will boost rice production to sustain self sufficiency of the food and commercial crop and meet growing demand of the staple food in the regional market. The Director of Crops Development in the Ministry of Agriculture, Nyasebwa Chimagu said yesterday the government would be keen…
Date: October 20, 2022 Tanzania’s agriculture sector, while historically vital, faces a pressing challenge: engaging the nation’s youth. As agriculture accounts for 66.6% of employment and contributes 26.1% to the national GDP, it’s crucial to address this issue. The “Building a Better Tomorrow: Youth and Women Initiative for Agribusiness” (BBT-YIA) emerges as a transformative force championed by the Minister…
To add live reporting from Johannesburg, Kigali, Lagos and Nairobi Bloomberg Media to bring additional local programming to the region Bloomberg plans to expand its TV presence in Africa to serve the growing audience of business and financial news consumers based on the continent or interested in the region as an agent of global markets. Bloomberg Television will expand…
By Godvictor Lyimo In our article today, we will be discussing value-added tax on imports and how to compute the base for VAT on taxable imports. As highlighted in our last article, in Tanzania VAT is regulated under the Value Added Tax Act important to note, VAT on importation is covered under Section 8 of the…