Tanzania Ministry of Finance introduces a 5% Excise Duty on Betting Stakes for the Fiscal Year 2026/27.

The Tanzania Ministry of Finance has introduced a 5% excise duty on betting stakes for the country’s 2026/27 financial year. Khamis Mussa Omar Tanzania’s Minister of Finance announced earlier this month, as he outlined the upcoming budget for the new financial year. The budget gets under way on 1 July. The budget will…