Taxes, 250 agricultural sector levies in Tanzania are abolished to facilitate competition

Published 2021년 2월 14일

Tridge summary

Tanzania's Minister of Agriculture, Professor Adolf Mkenda, has urged grain traders to boost market demand for agricultural products in neighboring countries following the government's decision to eliminate taxes and levies, expected to enhance traders' competitiveness. This directive is part of President John Magufuli's initiative to ensure farmers have reliable markets and to stimulate economic growth. The government's data shows a significant trade imbalance between Tanzania and its neighboring countries, indicating untapped market potential. The Minister aims to devise strategies to address these challenges in collaboration with traders, with a focus on increasing the value of crops and improving market access. The conference, which brought together key stakeholders, was designed to address marketing difficulties and promote the growth of the agriculture sector.

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Original content

The Minister of Agriculture, Professor Adolf Mkenda has called on grain traders in the country to stimulate the market for these products to the countries around us as the market has not yet been used properly. It has also been reported that the government has abolished and eliminated taxes and levies of more than 250 nuisances with the aim of creating an enabling environment for these traders to be competitive in the market. Professor Mkenda made the statement today in the city when he opened a meeting of the Ministry and cereal traders aimed at discussing market opportunities for cereal and domestic products as well as strategizing to address the challenges facing them. The conference is part of the implementation of President John Magufuli's directive to require farmers to have reliable markets and grain traders in the country to have the opportunity to grow the economy. Professor Mkenda said between 2015-2020, Tanzania exported an average of 105,119 tonnes of maize to Kenya, ...

Source: Habarileo