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Foreign firms hit by tax demands rethink Tanzanian expansion

Tanzanian President John Magufuli. Some of Tanzania's biggest foreign investors say they could scale back their operations or expansion plans because of tougher demands placed on companies, including higher tax bills, as part of the president's drive to overhaul the economy. PHOTO | AFP

DAR ES SALAAM

Some of Tanzania's biggest foreign investors say they could scale back their operations or expansion plans because of tougher demands placed on companies, including higher tax bills, as part of the president's drive to overhaul the economy.

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Note: The results are not exact but very close to the actual.

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