The Dar es Salaam Stock Exchange (DSE) has commended the Tanzania Revenue Authority (TRA) for its strong performance in revenue collection, noting that the tax authority has consistently surpassed government-set targets and strengthened public confidence in the tax system.
The remarks were made by DSE Chief Executive Officer Peter Nalitolela during a meeting with TRA Commissioner General Yusuph Juma Mwenda held on April 17, 2026, at TRA headquarters in Dar es Salaam.
The discussions focused on enhancing cooperation between the two institutions to support economic growth, investment, and tax compliance.
Nalitolela said the improved revenue performance reflects growing public awareness on the importance of paying taxes, as well as the closer engagement between TRA and taxpayers across the country.
He praised TRA’s leadership for its continued outreach programmes, including regular visits to regions to engage taxpayers directly and provide tax education.
“We have seen the Commissioner General and TRA teams going directly to taxpayers in different regions, listening to them and providing education on tax matters. This has built trust and made taxpayers view TRA as their own institution,” he said.
He added that such efforts have played a major role in improving voluntary tax compliance and strengthening the relationship between the government and the business community.
Nalitolela also noted that the Dar es Salaam Stock Exchange has registered 28 institutions, including 22 government entities, whose clients are also active taxpayers.
He said the DSE will continue working closely with TRA to expand tax education among market participants and strengthen compliance within the capital markets.
On his part, Commissioner General Mwenda thanked the DSE for recognizing TRA’s efforts and acknowledged the exchange’s contribution to the national economy through its role in mobilizing investment and expanding the financial market.
He reaffirmed TRA’s commitment to continue working closely with the DSE to enhance tax education and improve compliance among investors and businesses operating in the capital market.
Mwenda further emphasized the importance of integrating systems between TRA and the DSE to improve efficiency, transparency, and smooth exchange of information between the two institutions.
He added that TRA will continue to support business growth and investment in the country by addressing taxpayer challenges in a timely manner while strengthening ongoing tax education programmes to broaden the tax base.
