
The Tanzania Revenue Authority (TRA) has exceeded its collection target for the fiscal year 2025/26, gathering Sh37.96 trillion, which is 105.24% of the intended target of Sh36.07 trillion, according to Nukta Africa.
AI summary. Verify with the original source.
Read full story at Nukta Africa ↗
Listen
Unlock audio summaries, audio summaries, AI chat, Wikipedia facts, and ad-free reading.
$3.99 / month · cancel anytime
Go PremiumBackground facts
Unlock wikipedia facts, audio summaries, AI chat, Wikipedia facts, and ad-free reading.
$3.99 / month · cancel anytime
Go PremiumSimilar stories

Tanzania's 2026/27 budget is set at TZS 62.33 trillion (USD 24 billion), reflecting a 10.3% increase from the previous year. The budget aims for a 6.3% GDP growth, with 74.2% of funding sourced from domestic revenue as grants decrease by 39.1%. Key measures for investors include reducing the deemed profit-distribution tax from 30% to 15%, a one-year income tax holiday for new businesses, and VAT exemptions on specific sectors.
TanzaniaInvest·June 12, 2026 at 2:00 AM
Tanzania's Parliament approved the TZS 62.33 trillion (approximately USD 24 billion) budget for the 2026/27 fiscal year on 23 June 2026, with 385 out of 393 votes in favor. The budget, which will take effect on 1 July 2026, includes a commitment to settle TZS 1.2 trillion in arrears and implement tighter expenditure controls following a week of debate and the passage of the Finance Bill 2026.
TanzaniaInvest·June 24, 2026 at 9:14 AM
Mchechu has reported that the government's dividend has increased by 30%, reaching Sh1.327 trillion. He noted that the reliance on non-commercial institutions has decreased by 12.8%, indicating an improvement in the efficiency and management of these institutions.
Nukta Africa·June 30, 2026 at 12:09 PM
Tanzania's mining revenue reached TZS 1.394 trillion (approximately USD 558 million) in the 2025/26 financial year, exceeding the target of TZS 1.2 trillion by 16.13%. This figure represents a 30.2% increase from the previous year's revenue of TZS 1.071 trillion. The mining sector's contribution to GDP averaged 11.9% in 2025, with mineral exports rising by 31.1% to USD 5.4 billion.
TanzaniaInvest·July 2, 2026 at 1:28 AM
Bunge la Tanzania limepitisha Bajeti Kuu ya Serikali kwa mwaka wa fedha 2026/2027 kwa asilimia 97.66, baada ya wabunge 385 kupiga kura ya ndio kuunga mkono bajeti hiyo.
Nukta Africa·June 23, 2026 at 10:30 AM
In the 2025/26 fiscal year, Tanzania's state-owned companies reported dividends totaling TZS 1.327 trillion, marking a 30% increase from TZS 1.028 trillion in the previous year. This figure, however, fell short of the TZS 1.5 trillion target set by President Samia. Twiga Minerals Corporation was the largest contributor with TZS 221.9 billion, while the Tanzania Ports Authority contributed TZS 205.5 billion to the Consolidated Fund.
TanzaniaInvest·July 1, 2026 at 3:25 AM