Tanzania’s Finance Act 2024: 11 Key Changes You Need to Know
Kilimokwanza.org Team Tanzania’s Finance Act 2024 introduces significant changes to the country’s financial landscape. Here are ten key points to understand:
Improving the livelihood of small-scale farmers
Kilimo Kwanza
African Agriculture and Food SystemsAfrica
Tanzania Finance Act 2024: A New Dawn for the Agricultural Sector
Dodoma, July 1, 2024 – The recently enacted Tanzania Finance Act 2024 brings a wave of significant amendments and provisions aimed at bolstering various sectors of the economy. Among the most impacted is the agricultural industry (Kilimo), which stands to benefit from targeted financial support, regulatory updates, and tax incentives. These measures are set to propel the sector towards…
Geoffrey Kirenga, CEO SAGCOT Centre: Transformative Impact of Farm For the Future on Tanzania’s Agricultural Landscape
Kilimokwanza.org is excited to share an inspiring piece from the Farm for the Future (FFF) Weekly News 27/2024 – July 01, 2024, which spotlights SAGCOT’s CEO, Geoffrey Kirenga, who is recognized as one of the exceptional Ambassadors of Farm For the Future (FFF). He has penned an op-ed highlighting the significant strides made by FFF in transforming Tanzania’s agricultural…
USAID’s Kilimo Tija Initiative Unleashes Tanzania’s Horticulture Potential, Empowering Youth and Transforming Livelihoods
Dar es Salaam, Tanzania – June 27, 2024 – Since September 2022, USAID’s Kilimo Tija initiative has spearheaded the transformation of Tanzania’s horticulture sector, unlocking economic opportunities and empowering youth across the country. Through a multifaceted approach implemented by ACDI/VOCA, this innovative program focuses on strengthening market systems, increasing access to climate-smart technologies, and improving the enabling environment for…
USAID’s Development Finance Corporation Mobilizes Financing for Tanzanian Agriculture
Dar es Salaam, Tanzania – June 27, 2024 – USAID’s Development Finance Corporation (DFC) initiative is making a substantial impact in Tanzania by leveraging local financing to boost the agricultural sector. The program, which extends partial credit guarantees to encourage private lenders, aims to support under-served borrowers in new sectors and regions, thereby fostering economic growth and development. Agriculture…
USAID’s AINFP Initiative Propels Tanzanian Food Processors Towards Nutritional and Economic Success
Dar es Salaam, Tanzania – June 27, 2024 – Since its launch in 2018, USAID’s Alliance for Inclusive and Nutritious Food Processing (AINFP) initiative, implemented by TechnoServe, has revolutionized Tanzania’s food landscape. By empowering medium and small-scale food processors in the Southern Agricultural Growth Corridor of Tanzania (SAGCOT), AINFP has significantly improved the availability of safe, nutritious, and affordable…
USAID’s Advancing Nutrition Initiative Drives Significant Health Improvements in Tanzania
Dar es Salaam, Tanzania – June 27, 2024 – USAID’s Advancing Nutrition initiative has achieved remarkable success in bolstering Tanzania’s nutritional status since its launch in October 2019. By strengthening the capacity of key government institutions to implement the National Multi-sectoral Nutrition Action Plan (NMNAP), the initiative has addressed the country’s growing malnutrition challenges amidst a rapidly expanding population….
“Data-Driven Revolution: How African Policymakers Can Transform Agriculture
Dr. Davis Muthini, Policy Analyst at AGRA. The policy and legislative environment is a key driver of agricultural transformation. Policy and regulatory regimes “define the rules of the game”. They regulate the roles and behaviour of players in the sector, determine resource allocation, and assign incentives and disincentives accordingly. Policies shape the business environment by influencing costs, risks, and…
Ruvuma and Mvomero Shine in Successful Soybeans and Cocoa Auctions
Ruvuma/Mvomero, Tanzania – A soybean auction in Ruvuma and a thriving cocoa auction in Mvomero, both part of the Southern Agricultural Growth Corridor of Tanzania (SAGCOT), have highlighted the growing success of Tanzanian farmers and the effectiveness of the Warehouse Receipt System. On June 20, about 451,367 kilograms of soybeans were sold in Ruvuma, fetching prices between TZS 1,310…
Young Farmers Lead the Charge: Spice Farming Initiative Boosts Incomes and Biodiversity in Morogoro
June 18, 2024 A remarkable transformation is taking place in the heart of Morogoro’s Matombo division. The traditionally rich but recently struggling spice farming industry is witnessing a revival, thanks to the collaborative efforts of diverse stakeholders, including the central, regional, and local governments, the SAGCOT Centre (SCL), and Tanganyika Christian Relief Services (TCRS), among others. On June 17th,…