New Tax Tribunal Ruling: What It Means for Tanzanian Businesses
WHEN TO PAY WITHHOLDING TAX IS NOW CEMENTED: The Tax Revenue Appeals Tribunal (TRAT) rules that Withholding Tax is due…
Rent vs. Service Charges: The Withholding Tax Dilemma Explained, 10% or 5%?
In most scenarios, landlords bill their tenants separately for rent and service charges. Service charges mainly include the provision…
Did You Know Withholding Tax Isn’t a Cost but a Benefit?
Withholding Tax is the amount of money a taxpayer withholds from gross payments for relevant services/goods to his/her supplier.…
Digital Defense: Are We Equipped to Battle the Cyber Storm?
In the medieval era, defense was about fortresses and knights, walls, and weaponry—a physical manifestation of protection against visible…
Tanzania Should Use Unified Approach to Combat Illicit Financial Flows
Illicit financial flows (IFFs) pose a significant challenge to Tanzania’s economic stability and development. Defined as funds illegally earned,…
Tanzania’s 2024/25 Budget: A Glitzy Reveal, Grand Show! But What’s the Plan?
The Tanzanian budget is officially out, sadly it will be remembered for the pomp and how many times the…
Is DStv’s Downfall Inevitable? The Struggle to Adapt in a Digital Age
Digital Satellite Television, abbreviated DStv, once, my beloved satellite entertainment provider has lost its mojo, and many foresee its…
Banking on Growth: Tanzania’s Banking Sector Leaps Ahead with Technological Advances
The banking sector has grown fast in the last three years thanks to a strong economic environment and falling…
As Oil Markets Ignore Middle East Conflict, Tanzania Observes: Is There a Hidden Threat?
Yesterday, as I was passing through different news, I found one interesting matter concerning the energy sector. A short…
EXPLAINED: Tanzania Listed on FATF’s 2024 Dirty Money Watchlist: A Call for Stringent Reforms
In my recent online wanderings, I stumbled upon a headline that shook me to the core: “African countries on…
