Tanzania Set Tax Collection Record

Tanzania tax collection revenues record

The Tanzania Revenue Authority (TRA) collected TZS 1.767 trillion in taxes in September 2019, the highest amount it has ever collected since its inception in 1996.

The amount corresponds to 97.2% of the TZS 1.817 trillion collection target for the month, and it is 29% higher than the taxes collected in September 2018.

Similarly, in July and August 2019, TRA met its collection targets by 91.92% and 96%, with TZS 1.256 trillion and TZS 1.335 trillion in tax revenues.

Tanzania Investment Guide 2026 Free Edition

Speaking to the media, TRA Commissioner General Dr. Edwin Mhede explained that to reach the record the agency focused on fixing tax loopholes, and on the use of Electronic Fiscal Device (EFD) machines.

He also underlined the role of educating taxpayers who “now have proper knowledge on tax issues and have agreed to comply to raise domestic revenues to finance several development projects.”

Under President Magufuli’s administration, the country has made tax collection a priority.

However, Tanzania’s domestic revenue effort remains chronically below its budget targets.

The World Bank (WB) indicates in its 12th Tanzania Economic Update of July 2019 that tax collection underperformed in all departments – domestic revenue, large taxpayers, and customs and excise – which is partly due to unrealistic high targets.

Tanzania Investment Guide 2026 Full Edition

Want to know more about the Economy in Tanzania? Our free overview of the Tanzania Business and Investment Guide 2026 covers the Economy, plus key sectors and investment opportunities. The complete 141-page edition includes policies, taxation, key regulations, full macroeconomic data, and sources, and is also available at no cost upon completion of a short form.

Download Free OverviewGet the Full Edition for Free
Related Posts
Tanzania Fitch Ratings
Read More

Fitch Revises Tanzania Outlook to Positive, Affirms ‘B+’ Rating, Forecasts GDP Growth of 5.8% in 2026 Driven by Tourism and Mining

Fitch Ratings revised Tanzania's outlook to positive from stable while affirming the sovereign rating at 'B+', citing strengthening reserves and a gradual decline in government debt, warning, however, that the credit rating remains constrained by weak governance and low government revenue. The agency forecasts real GDP growth of 5.8% in 2026 and an average of 6.1% in 2027 and 2028, driven by public investment, tourism, the country's role as a regional logistics hub, and expansion in the mining sector.
Tanzania World Bank
Read More

Tanzania and World Bank Finalize KAZI MPA Central Corridor Jobs Programme to Boost Youth Employment and Private-Sector Growth

The Government of Tanzania and the World Bank have finalized technical preparations for KAZI MPA, the Catalyzing Jobs and Resilient Growth in the Central Corridor Multiphase Programmatic Approach. The programme aims to expand youth employment, increase investment and strengthen private-sector participation along the Central Corridor in line with Tanzania Development Vision 2050.
Tanzania Fitch Ratings
Read More

Tanzania Tells Fitch Ratings Economy Set to Grow 6.3% in 2026

Tanzania's Minister of Finance told Fitch Ratings that its economy is projected to grow 6.3% in 2026, up from 5.9% in 2025, driven by mining, gas, energy, agriculture, and infrastructure investment. He also acknowledged that the growth rate had not yet returned to pre-COVID-19 levels.