#revenue

The World Bank has identified Nigeria's primary fiscal challenge as weak revenue mobilisation rather than high levels of debt. Mathew Verghis, the World Bank Country Director for Nigeria, emphasized the need for the government to focus on enhancing revenue generation to foster sustainable economic growth during an interview on Channels Television.

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.

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.

Tanzania Breweries PLC (TBL) has reported a 13% increase in revenue for the year 2025, with operating profit rising by 35%. The company attributed these results to increased demand for its products, cost management, and improvements in its distribution system. Additionally, TBL provided updates for its shareholders.

Betway's parent company has reportedly generated billions in revenue from sports betting in Africa. However, according to The South African Biz, many everyday South Africans are facing unfavorable odds and losses in this betting landscape.

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.

The Ministry of Minerals in Morogoro announced that revenue from mineral collections has exceeded the projected target of 1.2 trillion Tanzanian Shillings, reaching 1.36 trillion Shillings from January 2025 to June 23, 2026, which is 113.34% of the target. This statement was made by the Ministry's Secretary General, Engineer Yahaya Samamba, on June 24, 2026.

The Tanzania Revenue Authority (TRA) in the Coast Region has exceeded its revenue collection targets for ten consecutive years, with total collections increasing nearly tenfold over the past decade. During a stakeholders’ meeting in Kibaha Municipality, TRA’s Coast Regional Manager, Mr. Peter Eliona, reported that the region collected 27 billion Tanzanian shillings this year.

The Ogun Customs has reported the seizure of contraband items valued at ₦4.63 billion, which included various goods such as foreign rice, cannabis, petroleum products, footwear, tyres, sugar, second-hand clothing, and pharmaceuticals. This operation has resulted in a revenue increase of 238%, according to Afeni.

PUBG: BATTLEGROUNDS has unexpectedly become the top-performing game on Steam, generating the highest revenue among all games on the platform this week, according to htxt.africa.

Eskom's additional R54 billion from tariffs is set to be challenged in court once more, as the National Energy Regulator of South Africa (Nersa) faces accusations of concealing the irrationality behind its decision regarding the power utility's revenue. This legal dispute highlights ongoing tensions surrounding energy pricing and regulatory practices in the country.

The Ministry of Mining in Tanzania reported a collection of TSh 650 billion between July and December 2025, surpassing its goal for the period by 109%. This amount represents 54% of the ministry's target for the 2025-26 fiscal year, with the increase in revenue attributed to gold mining activities, according to Tanzania Affairs.