Rusumo border registers increase in trade volumes

By Zephania Ubwani Arusha. A unified clearing facility at Rusumo on the Tanzania/Rwanda border registered an increased volume of traded goods even at the height of Covid-19 pandemic in 2020/21. The One Stop Border Post (OSBP) operated by the two countries, saw goods worth Sh51.4 billion exiting Tanzania to Rwanda…

TRA collects record Sh22 trillion in 202122

By Jacob Mosenda Dar es Salaam. The Tanzania Revenue Authority (TRA) announced that it has collected Sh22.28 trillion in the 2021/22 financial year in a period from July 2021 to June 2022. According to a statement, the amount collected was equivalent to 99.22 percent of the intended Sh22.45 trillion collection…

TRA collects record Sh22 trillion in 202122

By Jacob Mosenda Dar es Salaam. The Tanzania Revenue Authority (TRA) announced that it has collected Sh22.28 trillion in the 2021/22 financial year in a period from July 2021 to June 2022. According to a statement, the amount collected was equivalent to 99.22 percent of the intended Sh22.45 trillion collection…

Dirty money keeps Uganda on grey list?

By Daily Monitor Ugandan government officials are heaving a sigh of relief after the Financial Action Task Force (FATF) opted against placing the country on a blacklist. The Paris-based FATF is an intergovernmental organisation created in 1989 at the behest of the G7 political forum to combat money laundering. On…