In the fiscal year 2023/24, Tanzania's tax revenue performance was notably strong, reaching TZS 27,138.4 billion, or 97.5% of the budgeted target, largely due to enhanced use of electronic fiscal...
"1996–2024: Tanzania’s Tax Revenue Surge Reflects Decades of Economic Growth and Improved Compliance" Over the past 27 years, Tanzania’s tax revenue has experienced significant growth, reflecting economic expansion and improvements...
The top five regions in Tanzania for high revenues from direct taxes, indirect taxes, and customs duties. Rank Region Direct Tax Revenue (TZS) Indirect Tax Revenue (TZS) Customs Revenue (TZS)...
Opportunities, Challenges, and the Road to 2030 Small and Medium Enterprises (SMEs) are the backbone of Tanzania’s economy, accounting for 35% of the Gross Domestic Product (GDP) and providing 50%...
Growth, Challenges, and Future Prospects Introduction The banking and finance sector in Tanzania has transformed significantly over the past two decades, with growth fueled by regulatory changes, digital innovations, and...
The mobile money sector in Tanzania has experienced strong and continuous growth, with total transactions rising by 9% from 285.5 million in June 2024 to 310.9 million in September 2024....
In Tanzania, mobile money services have experienced significant growth, with the number of mobile money accounts rising by 9% from 55.7 million in June 2024 to 60.8 million in September...
Tanzania's internet landscape is rapidly expanding, primarily driven by mobile networks. The total number of internet subscriptions rose by 5%, from 39.3 million in June 2024 to 41.4 million by...
As of September 2024, Tanzania's telecommunications sector continues to expand rapidly, with mobile subscriptions reaching 80.7 million, a 5.4% increase from June's 76.6 million. Leading operators like Vodacom, Tigo, and...
The Bank of Tanzania's Statement of Financial Position as of September 30, 2024, reflects significant developments in the country's economic landscape. Total assets grew by 1% to TZS 25.86 trillion,...
