MARKETS
Tanzania markets brace for wider tax net as TRA beats target
TRA overshot its first-quarter target by more than seven points while ZRA cleared its own by less than one, a gap that points to enforcement rather than economic expansion. The compliance software that makes this collection possible creates locked-in recurring costs for Tanzanian SMEs. Investors should watch whether SME compliance costs get budgeted for, or absorbed silently as a working capital tax.
