14 July 2014

Tanzania: State Vows to Empower Small Scale Firms

THE government through the Tanzania Investment Centre (TIC) will continue to provide business linkage training aimed at improving relations between small and medium enterprises and big firms in the country.

The Minister of State in the Prime Minister's Office (Investment and Empowerment), Dr Mary Nagu, said in Dar es Salaam over the weekend that since the trainings began 214 entrepreneurs have benefited. Among the entrepreneurs who attended the linkage business trainings - 152 and 62 were men and women respectively.

"Through the trainings the SMEs were linked with large companies in the sectors of communications, construction, agriculture, cement, mining, fishing, brewing and hospitality industries.

According to the minister, business linkage trainings were of paramount significance since they network or rather improve the business working relations between the SMEs and large companies.

"We are committed to assist and ensure SMEs grow under business linkages and contribute significantly to the national economic growth," Dr Nagu explained.

She said the business linkage trainings have already been conducted in Dar es Salaam, Southern Highlands Zone (Mbeya), Northern Zone (Kilimanjaro) and Lake Zone (Mwanza).

Explaining further on business linkages, the minister said 54 graduated as local suppliers where 85.3 per cent of all entrepreneurs attended the training passed and research done on them showed that there are faring well.

Dr Nagu said TIC did a study tour to 99 investment projects that were performing impressively in a move meant to enable them expand their business ventures.

"These field tours have proved worthwhile in listening from the investors what they want to be improved," she said, adding that the exercise is falling under TIC aftercare Services.

The minister said those investment projects visited are located in Dar es Salaam and others in upcountry.

She said the fourth phase government under President Jakaya Kikwete was all out to ensure that the investment climate was improved from time to time and make Tanzania the best investment destination in Africa.


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