Road Fund Board monitors road maintenance and socio-economic development across Tanzania

What you need to know:

The road network is considerably one of the most prized resource for any country. In Tanzania, the estimates of complete roads’ worth stands at Sh21 trillion equivalent to 16. 4 percent of country’s Gross Domestic Product (GDP). Road transport plays a significant role in forging socio-economic development by enabling access to social services and engage fully in economic activities.

Pursuant to the Road and Fuel Toll Act CAP 220, Road Fund Board registers three major sources of revenue which are; fuel levy, transit charges, overloading fees. Fuel levy is the major source of revenue of the Fund, which account to an estimate of 97 percent of all Fund’s revenue. For every 1 liter of petrol is levied Sh263. In addition, foreign cars are levied from 6 up to 16 US Dollars subject to type of the car. Other sources are parking and road reserve use fees. All the funds raised from the above sources are directly sent to the Road Fund for covering roads maintenance. 90 percent of all funds are allocated for road maintenance by Tanroads and Tarura. Also, the remaining 10 percent is rationed out for 2020 covering all activities related to new road construction projects by the Ministry of Works, Transport and Communications, President’s Office – Regional Administration and Local Government.

Road Fund Board monitors road maintenance and socio-economic development across Tanzania

What you need to know:

Latest

Aziz KI sees red, but 10-man Yanga hold firm

Students’ loans board extends application deadline by four days due to network glitches

TFS turns to technology to strengthen management of 465 forest reserves

PM Nchemba orders contractors to speed up Simiyu power projects

Heche's defense testimony puts 2015 electoral integrity under the spotlight

Students in Tanzania develop technology to predict flood risks ahead of El Niño

In the headlines

Manufacturers seek lower ETS rates as tender comes to an end

How colonial-era law delays road compensation for crash victims

Tanzania universities Face AI test as future of jobs, learning takes centre stage

Businesses in Tanzania urged to build with Gen Z, not just market to them