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Tanzania mulls over increasing export levy on raw hides - World News


2021-02-12 15:05:35 GMT2021-02-12 23:05:35(Beijing Time) Xinhua English
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DAR ES SALAAM, Feb. 12 (Xinhua) Tanzanian President John Magufuli on Friday ordered the Ministry of Industry and Trade (MIT) to review the current 80 percent export levy imposed on raw hides and skins with a view to raising it to 100 percent to protect local leather manufacturers.
Magufuli also directed the ministry to see how it can exempt local leather industries from paying import levy on chemicals used to process leather products.
Magufuli was speaking shortly after he had launched a 50 billion Tanzanian shillings (about 21.5 million U.S. dollars) private-owned leather industry in Morogoro region where he was told that exports of raw hides and skins were denying local industries access to required raw materials. ....

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