Finance

NBC introduces digital payment solution for Dodoma corporates

National Bank of Commerce (NBC) has officially launched a digital payment solution, ‘NBC Connect’ to enable corporates in Dodoma to…

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Tanzania’s Central Bank bans dollar payments

TANZANIA’S Central Bank (BoT) ordered business entities on Tuesday to stop transacting in US dollars and insisted all prices be…

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VAT exemption on air charters thrills operators

THE government decision to grant a value added tax (VAT) exemption on sale and lease of air charters has won…

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NMB eyes expanding wings beyond borders

NMB Bank plans to expand its wings outside the country, being one of the strategies to grow its business and…

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Some entities face deregistration as Samia orders assessment

President Samia Suluhu Hassan has directed the Treasury Registrar (TR), Nehemia Mchechu to assess performance of all public entities. For…

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Pro-growth budget

THE government has hiked taxes on beers, cigarettes and gambling machines and increased road and fuel tolls to raise additional…

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Tanzania: Adverts posted by celebrities, influencers on taxman radar

TANZANIA in collaboration with the Private Sector plans to introduce an electronic system which will monitor and ensure government taxes…

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EAC budget up by 11 pc to 104m US dollars

The East African Community (EAC) has tabled its budget that has increased by 11 per cent before the East African…

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Tanzania plans to spend 10.5 tri/- on servicing debt

THE Ministry of Finance and Planning has outlined key priorities to be implemented in the 2023/2024 financial year including collecting…

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EAC states to charge 10 US dollars road toll

THE East African Community (EAC) member states have agreed to charge 10 US dollars per 100 kilometres as a road…

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