Tanzania scraps taxes on imported cement and raw materials to steady prices
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Prime Minister Mwigulu Nchemba says Tanzania has removed taxes on imported cement and on the raw materials used to make it, as the government moves to stabilise construction material prices.
Tanzania has removed taxes on imported cement and on the raw materials used to manufacture cement, Prime Minister Dr Mwigulu Nchemba said, in a move aimed at stabilising prices of the key construction material.
Dr Mwigulu made the remarks while addressing residents at Nyamikoma Primary School grounds in Kabita ward, Busega district, at the end of his working tour of Simiyu region.
He said the government recognises the rising cost of construction materials, including cement, and has acted to reduce the underlying costs behind those prices. "We have scrapped taxes on imported cement, and we have scrapped taxes on raw materials used to manufacture cement," he said.
Cement made from lower-cost raw materials, together with cement imported after the tax removals, is expected to keep prices stable in the coming days, the Prime Minister said.