Tanzania plans to introduce tax intensives to attract investment in mining


  • World
  • Saturday, 30 Apr 2022

DAR ES SALAAM, April 29 (Xinhua) -- Tanzania plans to introduce tax incentives to attract more investment in the mining sector, Minerals Minister Doto Biteko said on Friday.

Measures to introduce tax incentives will be introduced against the backdrop of rising demand for rare minerals in the technology industry, the minister told lawmakers in the capital, Dodoma, when he tabled his ministry's budget proposals for the 2022/2023 financial year, which begins on July 1.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Ukrainian shelling kills at least three in Russian apartment block
Indonesia floods, landslides kill 28, four missing
Death toll from Afghanistan floods rises to 315, Taliban ministry says
UK mountaineer logs most Everest climbs by a foreigner, Nepali makes 29th ascent
Powerful Iraqi Shi'ite cleric Sadr girds for political comeback
Ukraine-launched drone sparks fire at Russia's Volgograd refinery, regional governor says
Lithuanian presidential hopefuls vow to stand up to Russian threat
Catalans vote in election that offers new chance to exiled separatist leader
Canadian police arrest fourth man for murder of Sikh leader Nijjar
Switzerland wins Eurovision Song Contest 2024

Others Also Read