Tan­za­nia pri­vate sec­tor want closer ties with diplo­mats

East African Business Week - - FRONT PAGE - BY DAMAS MAKANGALE

DAR ES SALAAM, TAN­ZA­NIA – A cross sec­tion of busi­ness com­mu­nity in Tan­za­nia through their busi­ness um­brella Tan­za­nia Pri­vate Sec­tor Foun­da­tion (TPSF) has vowed to work closer with Tan­za­nia’s re­cently ap­pointed am­bas­sadors to China, Italy, Brazil, Geneva and Turkey to fos­ter bi­lat­eral ties and strengthen-

ing the eco­nomic diplo­macy. “We are not beg­gars as long as we are the busi­ness peo­ple we want to strengthen our busi­ness net­works with our coun­ter­part in the out­side world and we ready for joint ven­ture and busi­ness part­ner­ship to fos­ter our economies,” says TPSF Chair­man Dr. Regi­nald Mengi. TPSF or­ga­nized a lunch meet­ing in Dar es Salaam with the five ap­pointed am­bas­sadors of Tan­za­nia to those re­spec­tive coun­tries to dis­cuss the best way to de­velop eco­nomic diplo­macy in­clud­ing strength­en­ing bi­lat­eral ties, in­ter­na­tional co­op­er­a­tion and en­hanc­ing and in­creas­ing trade vol­umes be­tween na­tions. The busi­ness um­brella or­ga­nized a meet­ing with elected am­bas­sadors as a gate way to em­pha­siz­ing eco­nomic diplo­macy to the coun­tries that they are head­ing to in­clud­ing ex­pand­ing busi­ness net­work, look­ing for new ex­ist­ing mar­ket for Tan­za­ni­ans prod­ucts. Dr. Mengi un­der­scored that the busi­ness com­mu­nity in Tan­za­nia wants to do busi­ness with other busi­ness peo­ple in the de­vel­oped coun­tries in var­i­ous sec­tors such as man­u­fac­tur­ing, tex­tile, hor­ti­cul­ture and min­ing in­clud­ing gas and other cash crops. “We have a num­ber crops mar­ketable to the EU mar­ket such as hor­ti­cul­ture the only that we are miss­ing is a con­nec­tion from our farm­ers to the ex­ist­ing mar­ket for in­stance in Italy, let us joined our hands to­gether with the close as­sis­tance from our em­bassies there to tap the op­por­tu­nity,” he noted. He said that there are many ex­ist­ing op­por­tu­ni­ties for in­vest­ment in the coun­try but as well in Brazil, Italy they are also look­ing for busi­ness part­ner­ship for in­vest­ment in var­i­ous ex­ist­ing sub sec­tor, but it is vi­tal to team up as busi­ness peo­ple to de­liv­ery ex­pected eco­nomic re­sults. Dr. Mengi fur­ther ex­plained that the busi­ness com­mu­nity has faith with the fifth phase gov­ern­ment on its agenda to de­velop the in­dus­trial econ­omy by paving the way for more in­vest­ment port­fo­lio from the pri­vate sec­tor. “We pledged to at­tach to the Pres­i­dent’s di­rec­tives to cham­pion the es­tab­lish­ment of the Tan­za­ni­ans green in­dus­trial rev­o­lu­tion goals to curb un­em­ploy­ment rates to ma­jor­ity of Tan­za­ni­ans,” he em­pha­sized. He said that it is im­por­tant for the gov­ern­ment to em­power and en­cour­age the pri­vate sec­tor in es­tab­lish­ing in­dus­tries due to the fact the pri­vate sec­tor is the ac­tive player in cre­at­ing more jobs op­por­tu­ni­ties in the coun­try. On his part, Dr. Em­manuel Nchimbi Tan­za­nia’s am­bas­sador to Brazil said on be­half of his fel­low high com­mis­sion­ers that they will be a link be­tween busi­ness peo­ple in Tan­za­nia and their coun­ter­part with the goal to en­sure win to win sit­u­a­tion. “We are your rep­re­sen­ta­tives to the out­side world but the bot­tom line here is to ex­pand eco­nomic diplo­macy and strengthen trade re­la­tions and mar­ket op­por­tu­ni­ties to var­i­ous lo­cal mar­ket,” Dr. Nchimbi Dr. James Msekela Tan­za­nian Am­bas­sador to Geneva said that the im­por­tance for the busi­ness peo­ple in the coun­try is hon­estly while con­tract­ing busi­ness and trade agree­ments with their fel­low busi­ness peo­ple. He noted that there are var­i­ous op­por­tu­ni­ties for trade in many de­vel­oped coun­tries in such way busi­ness peo­ple need rel­e­vant and gen­uine in­for­ma­tion from au­thor­ity such as em­bassies and for­eign af­fairs of­fice. “What they need is hon­estly and trust while knowl­edge on busi­ness is a step­ping stone for them to en­ter into se­ri­ous busi­ness, trade com­pe­ti­tion in the com­pet­ing in­ter­na­tional mar­ket,” he stressed. In his com­ments, TPSF Ex­ec­u­tive Direc­tor Mr. Ge­ofrey Sim­b­eye noted that the busi­ness plat­form will es­tab­lish a reg­u­lar com­mu­ni­ca­tion with the elected am­bas­sadors in or­der to have ex­changes in­for­ma­tion and pro­grams on ex­ist­ing trade op­por­tu­ni­ties be­tween coun­tries. He clar­i­fied that the gov­ern­ment has opened up doors for in­clu­sive growth of the pri­vate sec­tor in the coun­try as an en­gine for Tan­za­ni­ans eco­nomic growth. The meet­ing be­tween TPSF and am­bas­sadors were or­ga­nized as plat­form for mu­tual un­der­stand­ing of one another; am­bas­sadors who at­tended the meet­ing were Dr. Em­manuel Nchimbi, Brazil, Dr. James Msekela, Geneva, Pro­fes­sor Elizabeth Kinyondo, Turkey, Mbelwa Kairuki, China and Am­bas­sador, Ge­orge Madafa, Italy.

The gov­ern­ment has opened up doors for in­clu­sive growth of the pri­vate sec­tor in the coun­try as an en­gine for Tan­za­ni­ans eco­nomic growth

Dr. Regi­nald Mengi, TPSF Chair­man

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