President of united Republic of Tanzania Reiterate Support to Tanzania Private Sector But Tax Compliance Remain Key
The President of Tanzania, Hon. Dr.
John Magufuli hosted on 6th May 2017 the National Business Council (TNBC) – a
forum for public and private sector dialogue – at the White House in Dar es
Salaam.
Launched in 2001, the dialogue aims
to reach consensus and mutual understanding on strategic issues relating to the
efficient management of resources in the promotion of social economic
development in Tanzania.
During the forum President Magufuli
reiterated its Government’s commitment to cooperate with the private sector in
planning and implementation of plans, policies and various laws on investment
and business, and to remove barriers and bureaucracy that hinder trade and
investment.
Following complaints about delays in
cargo handling at the Dar Es Salaam port President Magufuli has ordered, during
the forum, that from the 8th of May 2017 all the government institutions that
offer services at the port of Dar es Salaam to operate 24 hours a day, 7 days a
week. The institutions concerned include the Tanzania Revenue Authority (TRA),
the Tanzania Food and Drugs Authority (TFDA) and the Tanzania Bureau of
Standards (TBS).
However, President Magufuli also urged
businessmen and investors to comply with their tax duties, avoid engaging in
corruption and raising the price of the services provided to the government.
Since coming to power in November 2015,
President Magufuli has been praised by the business community for its crackdown
on corruption.
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