TANZANIAN PRESIDENT GIVES MINISTERS SEVEN DAYS TO OVERCOME CHALLENGES FACED BY BUSINESSES

DAR-ES-SALAAM -- President John Magufuli has issued a seven-day ultimatum to Tanzanian Cabinet ministers to work on critical challenges haunting the business community in the country.

He particularly directed the Minister of Finance and Planning, Dr Philip Mpango,and Tanzania Revenue Authority (TRA) Commissioner-General Charles Kichere to meet and deliberate on the best strategy to reduce the burden of backlog taxes owed by traders.

He was speaking at the 11th Tanzania National Business Council (TNBC) meeting here Monday, at which the business community raised concerns over the outstanding debts accumulated over many years.

Dr Magufuli ordered the finance ministry and TRA to meet with business people and renegotiate on the outstanding amount that can fairly be paid to ease the tax burden that threatens many businesses in the country.

We should have a human face and avoid being too rigid because the government relies on the business community to raise revenue,'' said the president.

Winding up the day-long meeting, President Magufuli directed all ministers whose dockets traders blamed during the discussions to address the raised issues within one week, with the view of improving the country's business environment.

The business hurdles that traders complained of include nuisance taxes that affect trade and investment in the country, bureaucracy within the government institutions and indiscriminate imports that flood the domestic market, rendering locally manufactured goods uncompetitive, as well as outdated laws.

Source: NAM NEWS NETWORK