Tanzania’s President Samia orders tax reduction on fuel

Petrol price goes down by 3.7% to retail at 129.72

Tanzania’s President Samia Suluhu Hassan on Tuesday ordered a reduction of taxes imposed on fuel totalling Tsh102 billion (Ksh.4.8 billion) annually, The East African reported.

This will effectively reduce costs passed on to consumers.

The Head of State gave the directive after receiving an implementation report from Energy Minister January Makamba, and holding a meeting in Dodoma with the Attorney General and Ministers of Energy, Works and Transport, Industry and Trade, Local government and Regional Administration.

President Samia had earlier asked Minister Makamba to compile a report on fuel business and their related prices in the country.

A Press Statement issued by the Directorate of Presidential Communication Unit and signed by its Director Haffar Haniu said that the President made the bold decision to prevent the hiking of fuel prices, which would hurt Tanzanians.

The institutions which are directly concerned with the reductions of such taxes are the Energy and Water Utility Regulatory Authority (EWURA), Tanzania Ports Authority (TPA), Tanzania Bureau of Standards (TBS) Weighty and Measures Agency (WMA).

Source; The East African.

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