The Latest

Tanzania To Introduce New Investment Incentives, Minister Says

April 21, 2015
1 minute read

Dr Mary Nagu, Minister of State for Communication and Policy Coordination announced that Tanzania will introduce a set of new investment incentives in a number of key sectors including agriculture.

The announcement was held on April 12th 2015 in a breakfast meeting organised by the American Chamber of Commerce in Tanzania (AmCham-Tz) in Dar es Salaam.

Dr Nagu indicated that the initiative will be implemented through the Tanzania Investment Centre (TIC), although no time frame has been specified for the project.

Currently Tax incentives are granted to both local and foreign investors provided they are registered by TIC and/or Tanzania Revenue Authority (TRA).

Tax incentives are mainly in the form of enhanced capital deductions and allowances and are structured as according to the lead and priority sectors including agriculture, agro-based industries, mining, tourism, petroleum and gas and economic infrastructure (road, railways, air and sea transport, port facilities, telecommunication, banking & insurance).

Tweet
Share
Share
Share
Related Posts
Khamis Mussa Omary Budget Proposals 2026-2027 Tanzania Ministry of Finance
Read More

Tanzania Proposes TZS 62.3 Trillion Budget for 2026/27 Amid 6.3% GDP Growth Forecast; Domestic Revenue to Cover 74.2% While Aid Share Falls to 0.9%

Tanzania's Minister of Finance unveiled budget proposals for the 2026/27 fiscal year totaling TZS 62.3 trillion, targeting a real GDP growth rate of 6.3%. The plan marks a significant shift toward fiscal self-reliance, with domestic revenue forecasted to finance 74.2% of the budget while the contribution of foreign aid falls to just 0.9% of total spending.
Kitila Mkumbo Tanzania PPP Conference Dar es Salaam
Read More

Tanzania Hosts Conference on PPP Challenges and Opportunities in National Development Plan, Highlighting Innovative Financing Models

On 9th March 2026, Tanzania’s Public-Private Partnerships Center (PPPC) hosted a conference in Dar es Salaam, bringing together government, private sector, and academia to discuss Public-Private Partnership (PPP) investment challenges and opportunities. The center highlighted that PPP agreements worth TZS 8.5 trillion have been signed since 2023 as Tanzania expands partnerships for development.