Trending
- We Cannot Build Unity on Silence: An Interview with Amb. Fred Ngoga on Justice and Burundi’s Future
- Kate Walsh calls for global action to protect the oceans as Kenya hosts historic Our Ocean Conference
- Women’s entrepreneurship and economic empowerment within fisheries value chains
- What healthy, just and resilient food systems should look like in Africa
- Beyond extraction: Singapore offers tech partnership as Tanzania opens door to EAC free trade talks
- Cutting the cost of Africa’s energy transition with the right flexibility mix
- Why fish and fisheries may be Africa’s most overlooked food security solution
- BAT Kenya posts record dividend as illicit trade eats nearly half of cigarette market
Browsing: Tanzania
According to the brewer, profit after tax for the period declined 1 per cent to Sh7 billion mainly impacted by cost inflation, tax and foreign exchange impact.
Further, the COVID-19 related tax reliefs in Kenya on corporation tax and VAT ended in December 2020, resulting in higher tax charges for the year as the rates reverted back to pre-COVID levels.
The company said the slower profit growth rate was driven by the impact of cost inflation, adverse foreign exchange and tax charges.
Tanzania’s financial services sector, which contributed approximately 3.8 percent to the country’s total GDP on average over the past five…
As of July 1, price for petroleum products in Tanzania increased drastically owing to the amendments outlined in the country’s new Finance Act as passed by parliament. A huge chunk of the money you pay at the pump goes to the government in taxes; in fact the government takes anything between 30 and 40 percent in form of taxes, levies and regulatory fees.
Nonetheless, Tanzania’s Energy and Water Utilities Regulatory Authority (Ewura) still attributed the price hike to global trends, in part admitting to the tax effect and in part deflecting it to global trends.
A plan seeking to revive tourism in East Africa has been approved, following the negative impact of the coronavirus pandemic…
A recent report showcasing how Covid-19 has affected travel with restrictions has shown that Kenya is the recent most banned…
If death could be bribed, the rich men would never die, this old African saying has come to life as…
Kenyan and Tanzanian manufacturers have called for the expedited resolution of non-tariff barriers (NTBs) and the review of the East…
The Central Bank of Tanzania (BOT) published the monthly economic review on June 2, 2021, highlighting key economic performance in…
Manufacturers from Kenya and Tanzania are set to hold three day talks starting today to deliberate on trade promotion and…
Is China is fueling Africa’s economy? That could be a question with so many angles to explore – such as – is it worth it for…