Tanzania’s VAT Refund Revolution: The Quiet Reform That Could Unlock Billions in Private Investment

When governments unveil annual budgets, headlines focus on the big numbers: spending, growth and tax collection. But sometimes the real story sits quietly in the technical annexes. Tanzania’s 2026/27 budget, due to take effect from July, includes plans for 6.3%GDP growth and the biggest spending plan in the country’s h

According to the Presidency, the framework will support a new generation of deep offshore developments, beginning with the approximately 10 billion dollars Bonga South West project

President Bola Tinubu has approved a new investment framework aimed at unlocking up to $50 billion in deep offshore oil and gas investments and reviving major projects that have remained stalled for years.