Should we expect anything new from Leonard Mususa's addition to Samia's Tax Reform Commission?

Should we expect anything new from Leonard Mususa's addition to Samia's Tax Reform Commission?

Mindyou

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About 4 days ago, different diplomats and Tanzanian investors were laughing and smiling in their embassies corridors when President Samia Suluhu Hassan broke the news that she appointed Leonard Mususa in the Presidential Tax Reform Commision.

For those familiar with Mususa, they will agree that his addition to the Presidential Tax Reform Commission is set to be a game-changer for Tanzania's investment landscape especially with the recent alarm raised by foreign ambassadors about the rocky road facing Tannzanian investors.

Mususa in Samia's Presidential Commision brings along with his experience brings a treasure trove of insights that could help smooth out the bumps for Tanzanian foreign investors.

For over 40 years, Mususa has been a driving force in the Tanzanian private sector, pushing boundaries and setting high standards.

His journey which began from Coopers and Lybrand to becoming a partner at PwC Tanzania speaks volumes about how he understands the heart and soul of the Tanzanian business community.

READ ALSO: Uteuzi Julai 31, 2024: Rais Samia aunda Tume ya Kutathmini na Kushauri kuhusu Masuala ya Kodi (Presidential Commission on Tax Reforms)

His time as chairman of Mwananchi Communications showcased his ability to adaptation, particularly when the winds of change blew towards digital transformation. He famously stated in the Mwananchi Communications 20th anniversary that the biggest challenge for Mwananchi Communication lies in attracting new digital readers, a sentiment that resonates deeply in today.

This forward-thinking approach will be vital for the tax reform committee as it seeks to modernize the tax system in a way that appeals to both local and foreign investors.

As a person involved in delivering an 85% increase in TBL dividends for shareholders in 2024 it's clear that Mususa knows exactly what to do so that businesses need to thrive in Tanzania.

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With Mususa on board Samia's tax reform committee has gained a dedicated captain who knows the ins and outs of the business world including the locker room talks of Tanzanian business executives and knows what keeps foreign investors awake at night. His ability to foster dialogue between the government and the private sector will be crucial in crafting solutions that work for everyone.

With Mususa on her team, Samia has been able to properly place the missing puzzle piece that can turn the tide and help everyone find common ground.
 
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