The Samora Avenue

Business

Modernization, Taxpayer Education Provide Good Foundation for Tax Collection in Tanzania

    Modernization, Taxpayer Education Provide Good Foundation for Tax Collection in Tanzania

Beginning in 2006, the World Bank helped to address weaknesses in Tanzania’s tax systems on two fronts. The Tax Modernization Project not only improved the country’s tax infrastructure, but it

0 comment Read Full Article

Results-focused Impact Bonds Can Improve Development Outcomes by Involving the Private Sector

    Results-focused Impact Bonds Can Improve Development Outcomes by Involving the Private Sector

Between $3.3 to $4.5 trillion in investments each year will be needed to fund the Sustainable Development Goals, according to UN estimates. As one way to meet these staggering needs, the

0 comment Read Full Article

TRA probes S. African firm over misconduct

    TRA probes S. African firm over misconduct

TANZANIA Revenue Authority is investigating a South African based company, Bridge Shipping, on allegations of conducting clearing and forwarding business without proper licensing. TRA Commissioner General, Rished Bade told the

0 comment Read Full Article

WB urges competitive tendering at Dar port

    WB urges competitive tendering at Dar port

AS massive construction work start at Dar es Salaam port, World Bank Group has commended that competitive tendering process for all activities be followed to lure the private sector. World

0 comment Read Full Article

BoT reviews minimum reserves ratio

    BoT reviews minimum reserves ratio

THE Bank of Tanzania (BoT) has reduced the statutory minimum reserves ratio on private deposits by 2.0 percentage points to

0 comment Read Full Article

DSE on posts outstanding performance in Q1

    DSE on posts outstanding performance in Q1

DOMESTIC market capitalization and indices covering 14 local listed companies have increased by 3 per cent in the first quarter

0 comment Read Full Article

Professional body for drivers touted

    Professional body for drivers touted

THE government should establish a professional body for cargo trucks and Passenger Service Vehicles (PSV) drivers that will be responsible

0 comment Read Full Article

Rwanda: Golden Tulip signs management deal

    Rwanda: Golden Tulip signs management deal

The Rwanda Development Board was reportedly putting the deal together for the owners of the La Palisse Hotel, a new

0 comment Read Full Article

DSE, NMB launch annual 2m/- student investment challenge

    DSE, NMB launch annual 2m/- student investment challenge

STUDENTS from higher learning institutions have the next three months to compete and win 2m/- courtesy of NMB Bank and

0 comment Read Full Article

Hilton Worldwide announces first hotel in the Democratic Republic of Congo

    Hilton Worldwide announces first hotel in the Democratic Republic of Congo

Hilton Worldwide, the world’s fastest-growing hospitality company, today announced the signing of a franchise agreement with Africa Hospitality Investments to open the full-service DoubleTree by Hilton Kinshasa – The Stanley.

0 comment Read Full Article