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Tanzania: Industrial revival in pipeline
16 May 2013, 12:00 pm
Dodoma: The 108.5bn/- Ministry of Trade and Industry budget endorsed by Parliament envisages creating over 15,000 jobs from a number of massive industrial projects under Export Processing Zones and revival of some defunct industries. Some of the major projects targeted include Solvochem, Xinghua and Dangote Cement fatory in Mbeya, Mchuchuma Liganga ore project, two leather industry plants and revival of General Tyre (EA) Limited. However, the ministry also outlined that the Tanzania Commodity Exchange, to start in 2013/2014, would also help farmers easily find external markets for their produce.
Reforms cut container stay at Dar port from 25 to 9 days
15 May 2013, 12:00 pm
Dodoma: Reforms in the private sector have reduced the number of days a container spends at Dar es Salaam port from 25 in 2009 to 9 by May 2013, the Minister in the Prime Minister's Office, Investment and Empowerment, Dr Mary Nagu has said. She told Parliament yesterday that reforms that aimed at making the private sector the driver of the economy have brought various successes including an increase in tax collection, thus impacting positively on the economy.
Africa attractiveness survey 2013
7 May 2013, 12:00 pm
Johannesburg: Despite the ongoing growth and progress, greenfield FDI projects into Africa dropped year on year in 2012. Although this is obviously disappointing, it should be noted that the decline occurred in a context in which there were substantial declines in FDI projects globally. In fact, the global situation was such that Africa actually grew its overall share of FDI project flows from 5.4 to 5.6%. Nonetheless, investment from developed markets in particular was disappointing. Although FDI projects from the UK grew, those from the US and France, the other two leading developed market investors in Africa, were considerably down.
Regulatory, administrative regimes making it hard for Tanzania to benefit from EA market
7 May 2013, 12:00 pm
Dar es Salaam: There are 10 greatest obstacles denying the Tanzania’s tourism players to benefit from the East African Community’s Common Market Protocol (EAC-CMP), says a new study. A fresh study on the “Assessment of the progressive implementation of the EAC-CMP in relation to Tanzania’s tourism sector” cited an existence of varying licensing and regulatory and administrative regimes within the EAC partner states as one of the obstacle.
Tanzania: Govt to introduce new weighbridges
7 May 2013, 12:00 pm
Dodoma: Plans are underway to introduce modern weighbridges, known as ‘multi deck and weigh in motion,’ in a move to address the problem of delays by vehicles on major roads. The ministry of Transport revealed this in Parliament over the weekend, noting that the first such modern weighbridge would be constructed at Vigwaza area. Transport minister Gerson Lwenge said the decision was part of the government’s efforts to add efficiency in reducing traffic congestion on roads.
Tanzania: Risk sharing and internal migration7 May 2013, 12:00 pm If, in the next decades, Africa catches up with the rest of the world, then that will almost certainly coincide with intergenerational mobility out of rural into urban areas and out of agriculture into non-agricultural activities. Historically, in both rich developed countries and fast-growing developing countries, this type of migration has moved in lockstep with development and poverty reduction. Recently, China’s urban population officially surpassed its rural one: of China’s 1.35 billion people, 51 percent lived in urban areas at the end of 2011, rising from less than 20 percent in 1980. Furthermore, UNDP (2009) reports that of the one billion migrants worldwide, three-quarters are internal migrants. With international migration open to only very few Africans, we should expect massive internal migration to form a core part of the development process.
Doing Business in the East African Community 20136 May 2013, 12:00 pm 2011/12 saw improvements to the business environment in all five economies making up the East African Community (EAC) - that is, Burundi, Kenya, Rwanda, Tanzania and Uganda. The EAC saw its 5 governments implement a total of 9 regulatory reforms last year to improve the business environment for local businesses and encourage entrepreneurship in the region. Continuous improvement of the business environment is important for economies seeking to benefit from increased trade and investment through regional integration.
Truck owners protest over hostile business environment6 May 2013, 12:00 pm Dar es Salaam: Tanzania Truck Owners Association (Tatoa) on Tuesday lodged complaints to the government, expressing concern over unfriendly business environment in the country. During a meeting that brought together transporters and lawmakers of the Parliamentary Infrastructure Development Committee, truck owners said doing business in the country was becoming difficult due to prevalence of non-tariff barriers (NTBs) and other unnecessary hurdles. Tatoa board member Zakaria Hans Poppe said while every transporter would like to do business quickly and at low cost, unnecessary hurdles, including non-tariff barriers were complicating the situation.
Adherence to global safety standards only way to win world markets - expert2 May 2013, 12:00 pm Dar es Salaam: Organic food producers in the country have an opportunity to tap international markets if they adhere to accepted global safety standards in production of the food crops. Representatives of ten local groups who attended the two-week Fruit Logistics and Biofach Organic Exhibitions in Nuremberg, Germany, made the revelations in Dar es Salaam, urging fellow farmers to make use of the opportunity. Some ten local institutions involved in organic farming and three business development organizations at the Sokoine University of Agriculture (SUA) attended the exhibitions on a learning tour.
Govt to install TFDA mini-labs at Tunduma border post1 May 2013, 12:00 pm Dar es Salaam: Health and Social Welfare minister Dr Hussein Mwinyi yesterday announced government plans to install min-labs at the Tanzania-Zambia border post of Tunduma as part of curbing illegal entry of fake drugs and cosmetics. Minister Mwinyi made the revelation in Do doma when responding to a question by Faki Haji Makame (Koani, CUF) wanted to know why the Tanzania Food and Drugs Authority (TFDA) is failing to check illegal imports through the border.
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