The Government through the Ministry of Finance on September 16, 2022, proposed in the Parliament a bill to amend a certain provisions of tax laws that will address strategic investments and promote local fertilizer production as well as its usage. The proposed bill awaits assent by the president upon which such amendments proposed by the bill will update relevant tax
Hon. Mwigulu Lameck Mchemba the for Finance announced the national budget for the fiscal year 2022 / 2023 on 14 June 2022, the budget speech was received with a well coming note by the public, specifically on the proposed measures to control government expenditure. The speech addressed positive fiscal measures in the Agriculture sector which contributes the lion share of
Rents can be freely negotiated. The Rent Restriction Act 1984 which until recently regulated rents in theory (but not in practice) has been repealed.A note: All land in Tanzania is owned by the government, and leases are only available to nationals. The private rental market (in the sense that interests our readers) is virtually non-existent. The rental market is mostly