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Expected Improvement in Tax Administration through Electronic Payments

Habari mpya za fedha Tanzania · maelezo ya Expected Improvement in Tax Administration through Elec… · imesasishwa 4 Aug 2026 · habari za uchumi · pato la taifa · uwekezaji

Muhtasari

  • According to the Bank of Tanzania’s National Payment Systems Annual Report 2025, the number of merchants accepting digital payments more than doubled to 2.79 million in 2025 from 1.33 million a year earlier, reflecting.
  • DAR ES SALAAM: THE Bank of Tanzania (BoT) has urged businesses to install electronic payment infrastructure ahead of mandatory digital payment regulations taking effect in January next year, as the government steps up.
  • Once implemented, transactions traditionally settled in cash, including bus fares, school fees, hotel bills, fuel purchases and property payments, will be required to pass through approved electronic payment channels.
  • Analysts say mandatory electronic payments are expected to deepen financial inclusion, increase transparency and support domestic revenue mobilisation by formalising a larger share of commercial transactions.
  • According to Mr Tutuba, wider adoption of electronic payments will improve business record-keeping, strengthen financial management and generate verifiable transaction histories that could enhance access to credit.

Nukuu za habari mpya na vyanzo: Expected Improvement in Tax Administration through Elec…

Uliza chochote kuhusu mada hii — mfululizo, athari, wahusika, au uhusiano na Tanzania.