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More investments needed to boost property and business formalisation initiatives in Tanzania

Published on April 07, 2016

Tanzania can boost the contribution of its huge informal sector to the national economy if there are concerted efforts in increasing resources to the property and business formalization initiatives.

The informal sector in Tanzania is among the most social, economic and political sensitive and buoyant sector yet contributes marginally to revenue generation. Statistics show that Tanzania is still having the largest informal sector with an average above 50 per cent in size. Read more. Source | Daily News