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Interview

Aranyak Sanyal, East Africa Cluster Head, Olam International: Interview
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Interview:Aranyak Sanyal, East Africa Cluster Head, Olam International What opportunities are there for potential investors in the agriculture sector? ARANYAK SANYAL: We are more than optimistic about agriculture in Tanzania, largely because the economy has strengthened over the last two years, bringing opportunities with it. Crop diversification is also taking place, which will discourage…
Interview

Sulaiman Shahabuddin, Regional CEO, Aga Khan Health Services, East Africa: Interview
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Interview:Sulaiman Shahabuddin, Regional CEO, Aga Khan Health Services, East Africa What is being done to improve the enforcement of health care standards for private facilities? SULAIMAN SHAHABUDDIN: The Ministry of Health, Community Development, Gender, Elderly and Children (MoH) is the agency responsible for the enforcement of standards, both in the public and private sectors. The MoH does…
Interview

Dr Matshidiso Moeti, Regional Director for Africa, World Health Organisation: Interview
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Interview:Dr Matshidiso Moeti, Regional Director for Africa, World Health Organisation How has access to health care improved over the last decade in sub-Saharan Africa? MATSHIDISO MOETI: Health care access includes the availability of health infrastructure, which is commonly measured by bed density, health facility density and the population living within a 5-km radius. Access also comprises…
Interview

Nura-Lisa Karamagi, CEO, Hotels Association of Tanzania (HAT): Interview
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Interview:Nura-Lisa Karamagi, CEO, Hotels Association of Tanzania (HAT) How do taxes on Tanzania’s tourism and hospitality sectors affect local businesses? NURA-LISA KARAMAGI: The main burden has been the addition of a value-added tax (VAT) on tourism services. This has had a different impact on various players throughout the hotel industry, however. For those providing only accommodation,…
Viewpoint

President John Pombe Joseph Magufuli: Viewpoint
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Viewpoint:President John Pombe Joseph Magufuli Through Development Vision 2025, Tanzania has committed itself to becoming a semi-industrialised nation by the year 2025. In 2017 we have focused on developing a strong industrial base by establishing export processing zones, special economic zones and other services that promote the exchange of goods. We invite all trading partners to make full…
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Moremi Marwa, CEO, Dar es Salaam Stock Exchange (DSE): Viewpoint
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Viewpoint:Moremi Marwa, CEO, Dar es Salaam Stock Exchange (DSE) In the past five years the DSE has made significant progress in its role of facilitating the financing of Tanzania’s economic development. This can be evidenced by the increase in depth, liquidity, number of investors and number of listed companies. The DSE has transformed into a commercial entity that pays dividends to over 3000…
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Baghayo Abdallah Saqware, Commissioner, Tanzania Insurance Regulatory Authority (TIRA): Viewpoint
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Viewpoint:Baghayo Abdallah Saqware, Commissioner, Tanzania Insurance Regulatory Authority (TIRA) There are currently 31 insurance companies in Tanzania, and as the regulator of the sector we do not necessarily see the need for consolidation. Insurance companies have expressed, however, that there are significant barriers to consolidation, including the application of the 18% value-added tax…
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Shamiza Ratansi, Managing Partner, ATZ Law Chambers: Viewpoint
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Viewpoint:Shamiza Ratansi, Managing Partner, ATZ Law Chambers With the introduction of new local content regimes, Tanzania has seen a recent overhaul in its natural resources industry. While not a new concept, the regulations extend beyond mineral licence holders and internal oil companies by imposing local content requirements on the complete supply chain. This means that all mining and most…
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Joseph Sheffu, Country Managing Partner, EY: Viewpoint
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Viewpoint:Joseph Sheffu, Country Managing Partner, EY As part of its economic transformation in the 2000s, Tanzania recognised that a robust and reliable financial reporting framework, in both the public and private sectors, would play a vital role in mitigating fiscal and fiduciary risks, thereby stimulating further local and foreign direct investments. On July 1, 2004, the National Board of…
Analysis

Growing aid and trade boost Tanzania's international connectivity

Posted OBG AdminPosted in Uncategorized

Long before the arrival of Europeans, the territory where Tanzania lies today was a thriving centre of trade with Arab and Eastern merchants. With the establishment of German East Africa in the 1880s, however, more Western influence started to penetrate the area. In the years that followed independence in 1961, Julius Nyerere, Tanzania’s first president, maintained good relations with the…