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Food and the use of housing facilities were considered part of the salary for some workers, such as domestic and agricultural workers. Salaries for domestic workers ranged from B/.250 to B/.275 (US$250-US$275) per month. The agricultural and construction sectors received the lowest and highest minimum wages, respectively. [10] [180] [181] 3,819 ...
The IMF projects a GDP growth for Tanzania of +4.0% and +5.1% in 2021 and 2022, [33] and 6.0% in 2026. According to the World Bank, the GDP of Tanzania expanded by 4.6% in 2022, up from 4.3% in 2021. The value of Tanzania's GDP at current prices reached USD 105.1 billion in 2022. [34] The World Bank projects Tanzania's GDP growth to reach 5.1% ...
The Tanzania Revenue Authority (TRA) requires taxpayers in Tanzania to file their "return of income" each year before the 30th of June. The return of income is a document that taxpayers must submit to the tax authority, providing details about their income, deductions, and taxes owed for the specific financial year.
Salary surveys provide data on salaries for specific jobs throughout the market. Organizations may use salary survey data to develop and update their compensation packages. [ 9 ] Individuals may use salary survey data in salary negotiations.
[35] [36] Magufuli reduced his own salary from US$15,000 to US$4,000 per month. [ 37 ] Magufuli suspended the country's Independence Day festivities for 2015, in favour of a national cleanup campaign to help reduce the spread of cholera .
On August 5, 2023, around 2,000 employees from Turkey working on the construction of the railway project, who had not received their salary for 7 months, went on strike. The workers in Tanzania compelled the employers to pay five of the seven months of unpaid wages after 13 days of protests, with a commitment for regular payment being made for ...
The Tanzania Postal Bank is the 4th commercial bank that is involved in microfinance. Like the National Microfinance Bank, the Tanzania Postal Bank was created by an Act of Parliament and like the previous three banks, it too is under the Companies Registrar and under Tanzania Postal Bank Act No.11 of 1991 as amended by Act No.11 of 1992
With increased domestic competition and poor management the government decided to privatise the company. The partial privatisation of TTCL began on 23 February 2001, with Celtel International (previously known as MSI Cellular) headquartered in Amsterdam, Netherlands, together with the German firm Detecon, obtained 35% shares from the Government of Tanzania.
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