Pressure is mounting on the government to waive the Value Added Tax (VAT) on residential units, with the campaigners arguing that housing, like food and drugs, is a necessity for human survival. The 18 per cent VAT on rent, tenants say, has unreasonably increased the living costs of an ordinary citizen.
THE Bank of Tanzania (BoT) has welcomed a slight decline of inflation, vowing to deploy more tight monetary policy measures to ensure economic stability.
Many domestic investors have missed out the investment incentives from the Tanzania Investment Centre (TIC) due to the wrong perceptions that the centre was exclusively serving foreigners.
AIRTEL Tanzania Limited on Wednesday launched another promotion known as “Nani Mkali (who is the best?)” designed to reward its loyal clients with cash prizes.
