
Tanzania's state-owned enterprises have reported a record dividend of Sh1.3 trillion, marking a 30 percent increase in national dividends. This surge is attributed to efficiency reforms that have transformed these state firms from being reliant on subsidies to becoming significant revenue generators, according to The Chanzo.
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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
In Q4 2025, the Tanzania Investment and Special Economic Zones Authority reported 278 projects valued at USD 3.16 billion, significantly up from USD 1.57 billion the previous year. This investment is expected to create 71,412 jobs, with China contributing USD 950 million. The report also announced the opening of four Special Economic Zones in Bagamoyo, Kibaha, Dodoma, and Kahama, and two public-private partnership projects in Dar es Salaam worth TZS 182 billion, targeting sectors like manufacturing and mining.
TanzaniaInvest·June 30, 2026 at 2:39 AM
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
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
The Zanzibar Revenue Authority (ZRA) reported a revenue collection of over 1.215 trillion Tanzanian shillings in the 2025/26 financial year, marking a 41 percent increase from the previous year. This growth is attributed to improved economic activity and stronger tax administration. The ZRA achieved 96.7 percent of its revenue target of 1.257 trillion shillings during the period from July 2025 to June 2026.
Daily News (TZ)·July 4, 2026 at 10:15 AM
The Tanzania Private Sector Federation (TPSF) and the Confederation of Tanzania Industries (CTI) have expressed support for the business and tax reforms included in Tanzania's 2026/27 Budget, which feature faster VAT refunds, investment incentives, and regulatory simplification. However, they emphasized that to meet the Tanzania Development Vision 2050 goal of becoming a USD 1 trillion economy, the country's economic growth must exceed the projected 6.3% in 2026, reaching over 10% annually.
TanzaniaInvest·June 15, 2026 at 2:00 AM