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Tanzania

The Hub's accomplishments in Tanzania to Date:  

  • To date the Hub has supported 53 firms and associations to increase their export competitiveness;
  • Fifteen (15) firms have been supported to participate in various trade shows resulting in 86 business linkages;
  • Hub facilitated AGOA exports as at June 30 2017 stood at $239,600;
  • Exports to other market destinations as a result of Hub support are $53,600;
  • Due to the expanding export opportunities, 28 new full time equivalent (FTE) jobs have been created, 64% of which are for women;
  • Supported development of Tanzania National AGOA Strategy;
  • Supported successful implementation of ePing electronic alert system;
  • Supported the adoption of Technical Barriers to Trade (TBT) and Sanitary and Phytosanitary measures (SPS) notification submission system;
  • Supported use of ISOlutions which allows Tanzania to effectively participate in international standardization processes.

Related Blogs and Resources

Campaign to boost fertiliser use begins

Published on January 09, 2017
Yara Tanzania has launched a campaign ‘YaraMila cereal raffle draw’ that will see farmers increase use of fertilizers so as to boost agriculture production and maintain soil fertility. The campaign, which was launched recently in Mbeya Region is set to take place in 11 villages such as Igawa, Ubaruku, Mbarali estate, Kapunga, Rujewa, Madibira, Mapogoro, Chimala, Nyelegete, Mkunywa and Mahango of Mbeya and Iringa regions”. Launching the campaign, Mbarali Estate Deputy Director, Ms Tyatawelu Mongo said Yara has been playing a big role in educating farmers on the proper farming methodologies especially on the application of fertilizers. “I must admit, this is a unique way of sharing knowledge with farmers. Read more. Source | Daily News
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SMEs challenged on quality product production

Published on December 21, 2016
Small and medium enterprises (SMEs) are the soul of Tanzania’s planned industrial revolution, thus must produce quality products. This was said by the Minster for Industry, Trade and Investment, Mr Charles Mwijage in Dar es Salaam yesterday while opening Mikono Fair Trade Shop in Keko area. “Name any industrial country in the world; the rock bed and biggest contributor to that country’s industrial revolution were the SMEs. Tanzania will pass through the same historical path,” he said. He said he was satisfied with the quality products produced by SMEs, adding that quality will guarantee them local and foreign markets. He thanked producers who are keen on quality, pledging government’s full support and coo-operation in looking for local and foreign markets for their products. Read more. Source | Daily News
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Govt outlines plans to make TZ the best investment destination

Published on December 20, 2016
Industry, Trade and Investments minister Charles Mwijage has said it was high time Tanzania highlighted its investment opportunities before the international stage in a bid to enhance its business climate. Mr Mwijage said he has drawn an inspiration from the current branding of Africa as “the next investment destination.’’ Speaking at the signing of a Memorandum of Understanding (MoU) between the Tanzania Investment Centre (TIC) and the Oxford Business Group (OBG), the minister said Tanzania was now better positioned in terms of investments. Read more. Source | The Citizen
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Ugandan traders ask Tanzania to harmonise cargo transit fees

Published on December 15, 2016
The private sector in East Africa has asked Tanzania to harmonise the preferential treatments it offers to transit goods as a way of encouraging use of the central corridor . While Rwandan trucks transiting through the central corridor (Dar es Salaam Port) each pay $150 (Shs535,000); other East African member states such as Uganda are charged $500 (Shs1.7 million) per truck for goods in transit. Mr Kassim Omar, the chairman Uganda Clearing Industry and Forwarding Association, who is also East Africa Business Council (EABC) vice chair for Uganda, said: “Indeed, the Dar es Salaam Port has improved. But they need to harmonise the transit fees to make doing business in the region less costly.” Read more. Source | Daily Monitor
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Banks to inject Sh1.5trn into financing agriculture

Published on December 05, 2016
The government is discussing with three commercial banks with a view to seeing how they can extend support to post harvest infrastructure for improved value chain in agriculture. The minister for Agriculture, Livestock and Fisheries Development, Dr Charles Tizeba, said here yesterday that the government was discussing with the National Microfinance Bank (NMB), the CRDB Bank and the Commercial Bank of Africa (CBA). “Under the discussions, NMB has agreed to disburse Sh500 billion while CRDB will provide $460 million (about Sh994 billion) in support of post-harvest value chain addition and other areas in agriculture. CBA will also support the initiative,” he said. Read more. Source | The Citizen
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Market that offers right platform for SMEs

Published on November 29, 2016
Since its launch in 2013, the Enterprise Growth Market (EGM) segment of the Dar es Salaam Stock Exchange (DSE) has attracted some companies that previously could not plan or strategise to access public money via selling of shares. Admittedly, though, the EGM — since its inception has been struggling with the perception challenges: illiquidity, operational underperformance by EGM listed companies, investors expectations and for some, minimal capacity by these SMEs to pursue clear business models, have led to enduring challenges. However, for the market that has just cerebrated its third anniversary — with five listing already, attracting 250,000 new investors, capital raising of Sh50 billion, and current market capitalisation of Sh121 billion — there is hope for wide acceptance of the platform by the business community in the days ahead. Read more. Source | The Citizen
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Hub and Tanzania's private sector apex body hold Common Market implementation event

Published on November 23, 2016
On November 22, the Hub and the Tanzania Private Sector Federation (TPSF) jointly held an event in Dar es Salaam, Tanzania to appraise private and public sector practitioners on the country's progress toward implementation of the East African Community (EAC) Common Market Protocol. The protocol seeks to establish a single market where there is free movement of goods, services, labor and capital across member states, thus expanding economic opportunities in the region. The update was based on ongoing legal research and analysis carried out by the Hub in each of the EAC Partner States on new and existing legal provisions and their impact on the implementation of the protocol. Based on this research, the Hub partners with private sector associations, such as TPSF, to seek reform of the measures that are inconsistent with the protocol.
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Tanzania investment forum kicks off tomorrow

Published on November 16, 2016
Dar es Salaam is expected to host the 2016 Tanzania investment forum which is scheduled to begin tomorrow. According to the information released by the forum organizers, the ‘countryfactor’, the forum will focus on economic growth and Investment Opportunities in Tanzania. The Forum is part of a series of worldwide events led by CountryFactor, a global investment consulting company. According to the statement, the event will gather a group of diverse experts and influential speakers to discuss and connect around opportunities in Tanzania in priority areas of investment. Among areas that will be discussed for investment are natural resources, petroleum and mining and financial institutions. Read more. Source | Daily News
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