Tanzania: Tax chicken, and foreign fish to raise breeders

Published 2024년 6월 21일

Tridge summary

The Revolutionary Government of Zanzibar has announced new taxes on imported chicken products and fish in an effort to level the playing field for local breeders. This decision aims to mitigate the negative impact of cheap imported meat on local producers, who have struggled to compete. The announcement was made during the budget discussions for the financial year 2024/2025 and has received support from local breeders. The government is also encouraging investment in the agricultural sector, with two investors planning to launch a large-scale chicken farming project in collaboration with the Ministry of Fisheries and Blue Economy.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

ZANZIBAR; The Revolutionary Government of Zanzibar has said that the act of increasing taxes on chicken products and fish from abroad is aimed at increasing the ability of local breeders to afford the local market. This was said by the Minister of State, Office of the Second Vice President, Hamza Hassan Juma while giving explanations and answering the arguments of some members of the House of Representatives who contributed to the government budget for the financial year 2024/2025. He said that the long-term cry of local breeders is the presence of chicken products from abroad that are sold at cheap prices and thus bring down their market to the extent that they cannot afford the competition of production. Read it also: https://habarileo.co.tz/mkakati-kusanisate-usalama-ubora-vyakula-vya-mifugo/ Juma said that this is a long-term cry from the breeders' community that in the government's budget for the year 2024/2025, the government has proposed to increase the tax on those ...

Source: Habarileo