Although priorities vary when it comes to economic development, the increasing need for skilled labour is both a cause of and a requirement for accelerated growth across markets. This demand for technical specialists is often most concentrated in the sectors that are vital to economic advancement, including infrastructure, oil and gas...
As many nations in sub-Saharan Africa rely largely on tax revenues to fund spending, governments have been known to be displeased with businesses that delay recouping investments and consequently graduate into the income taxpayers’ group. However, imposing income tax on businesses yet to recoup their initial investment would deter investors....
In a bid to bolster slowing agricultural exports and support industry growth, the government of Tanzania moved to eliminate the majority of levies applied to the agriculture sector in its 2017/18 budget. These levies have led to inflated input costs, and high levels of value-added tax (VAT) and tariffs on inputs have disproportionately...
Agriculture is undoubtedly the largest and most important sector of the Tanzanian economy, with the country benefitting from a diverse production base that includes livestock, staple food crops and a variety of cash crops. The sector’s contribution to GDP has more than tripled in the last 10 years, supported by rising cash crop production, an...
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