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Tax revenue collection for May shrinks
Thursday, September 2, 2010 - 7:59am
TAX revenue collection on local goods hit a low point for the month of May, the Bank of Tanzania (BoT) economic review report says. THE Bank of Tanzania (BoT) has announced that revenue collections in May, 2010 amounted to Tsh. 386.1 billion, equivalent to 96.1 per cent of the target whereas tax revenue collections amounted to Tsh. 368.2 billion, while non-tax revenue collection was Tsh. 17.8 billion. The BoT monthly economic review (mer) for June 2010 reveals that the shortfall in tax revenue was mainly contributed by taxes on local goods which was 79.3 percent of the target and other taxes...
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Stanbic Bank expands its wings
09/02/2010
STANBIC Bank Tanzania plans to open new branches across the country as part of the bank efforts to bring financial services closer to its customers countrywide. Stanbic Managing Director, Bashir...
President Safe from Petition Hammer says Expert
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09/02/2010
Debate has been sparked by the Chadema petition against the President for allegedly violating the Election Expenses Act. But a leading expert says the president will come out unscathed. On Monday...
NBC supports education initiative
08/26/2010
THE National Bank of Commerce has promised to continue its support to the Government in its initiative of provision of quality education. The banks communications consultant Robi Matiko said in an...
Ugandan Journos attacked in election rally
08/26/2010
TWO journalists have been assaulted in separate incidents in Uganda. One of them had his camera broken while in the line of duty. According to the report that was sent to The Express by the Eastern...
Banned Baby Food on Sale
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08/26/2010
Though the Government is keen on stopping infant formulas from entering the country which is believed unfit for infants, banned baby foods are still on sale, investigations by The Express has...
Pope ordained clergyman dies aged 84
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08/12/2010
MONSIGNOR Marcel Bashaka was the fist African Catholic cleric in the Ngara District, Kagera Region, who has recently passed away at the age of 84 years old. Monsignor Bashaka was buried on August 3,...
Yemen Air to start East Africa flights
08/12/2010
As the air travel business in East Africa grows rapidly, Yemen Air will launch its three flights between Sana’a and the East African cities of Nairobi and Dar es Salaam in December this year. Sources...
Illegal Deforestation endemic in Kisarawe
08/12/2010
KISARAWE forest reserves face the danger of disappearing due to illegal deforestation for charcoal production and timbering by indigenous people, the Express can reveal. Though the government has...
Ngorongoro named a new World Cultural Treasure
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08/05/2010
THE United Nations has listed Tanzania’s famous Ngorongoro Conservation Area among the World Cultural Heritage Sites. In its meeting in Brasilia, capital of Brazil, over the weekend, the panel of...
Tanzania hub for illegal immigrants
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08/05/2010
Tanzania has become a hub for illegal immigration as illegal visitors from Pakistan and Bangladesh and other African countries have started using the country as a stopover before going to South...
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