Transporters optimistic about growth
A line of lorries stuck in traffic. Tatoa looks forward to good business this year as more cargoes are expected through the country’s ports. PHOTO | FILE
What you need to know:
- Recently, the government was asked to change the Finance Act by the road transport industry because they said it raised their tax burden.
Dar es Salaam. The Tanzania Truck Owners Association (Tatoa) voiced optimism Wednesday regarding a potential rise in cargo volume this year and praised recent steps the government has taken to enhance the business environment.
In a statement issued by the association’s chairman, Mr Elias Lukumay, ahead of association’s annual general meeting (AGM) to be held in Dar es Salaam, Tatoa said they were looking forward to good business this year as more cargoes are expected through the country’s ports.
Mr Lukumay praised the efforts of President Samia Suluhu Hassan, which has led to an increase in cargo at the Dar es Salaam Port.
“Last year was good as we saw growth in the industry, and we are optimistic that this year will be even better,” he said.
The AGM, which is expected to attract hundreds of stakeholders from the transportation and logistics industry, will provide an opportunity for them to express their challenges and successes to the government. The minister for Works and Transport, Prof Makame Mbarawa, is expected to grace the occasion.
“We welcome all stakeholders to the meeting which would be an opportunity for them to express their challenges and successes to the government,” he stated.
Tatoa represents the interests of lorry owners and operators in Tanzania. The association works to promote the welfare of its members and improve the overall transportation and logistics industry in the country.
Recently, the road transporters requested that the government amend the Finance Act because they claim it increased their tax burden.
The law requires the passenger or cargo transporters to pay an advance tax of between Sh180,000 and Sh2.79 million per lorry per year, depending on the carrying capacity of the vehicle.
However, Tatoa said the fixed tax is a burden to them considering that it is charged even before they make profits.
With the government’s efforts to improve the business environment and Tatoa’s optimism for the industry, it is expected that the transportation and logistics sector in Tanzania will continue to see growth and development.
