How do taxes on Tanzania’s tourism and hospitality sectors affect local businesses?
Tourism
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Interviews & Viewpoints | Nura-Lisa Karamagi, CEO, Hotels Association of Tanzania (HAT): Interview from The Report: Tanzania 2018
Articles & Analysis | Rising tourism numbers sustain hotel investment in Tanzania from The Report: Tanzania 2018
While some hotels in Tanzania have been affected by taxes on tourism activities and slowing foreign investment in 2017, the outlook for growth is nonetheless promising. Rising visitor numbers and the diversification of the tourism sector are encouraging major chains to move into the country with a view to the long term.
Articles & Analysis | Tanzania to diversify tourism offerings and address growth challenges from The Report: Tanzania 2018
As the country starts to capitalise on its huge potential, and private and public investments strengthen its advantages as a destination, Tanzania’s tourism industry is expected to be among one of the world’s fastest-growing over the next decade, according to the World Travel & Tourism Council (WTTC).
Tanzania’s tourism industry is expected to be among one of the world’s fastest growing over the next decade. With 1.28m tourist arrivals in 2016, the country is already one of the most-visited destinations in sub-Saharan Africa, and attractions such as the Serengeti National Park and Zanzibar have an increasingly prominent global profile. The government aims to attract 3m annual visitors by...
One of East Africa’s largest economies and most popular tourist destinations, Tanzania is reputed for its stability in the region. Its extractive wealth, favourable climate for agriculture, and natural assets such as Mount Kilimanjaro and the Serengeti National Park have helped it build a relatively high rate of growth over the last decade, averaging 6-7% per year.
