Maziwa Makuu Project, HR & Digital Consultancy

Investment Opportunities Available in Roads:   •  Building road related infrastructure through Build Operate and Transfer (BOT) •  Partnership among private operators to create medium-size commercial fleet operators. •  Establishment of the commuter city bus transportation companies. •  Provision of infrastructure facilities in major cities like  Dar es  Salaam.  These  Facilities may include  Parking,  Bus  Bays, and Shelters. •  In an   endeavor to   promote PPPs in infrastructure     investment,     Tanzania   is  about  to  enact  a  legislation  which  will  provide  the  necessary  legislative  framework  for  toll  roads,  which  covers  the following areas: •  Grant of concession to the private sector and the right to levy and collect user charges. ...

There has been a sustained effort on the part of Government to create essential transport infrastructure and services to improve access to jobs, education and health facilities and also to facilitate domestic and international trade as well as strengthen regional integration and attract foreign investment. Tanzania’s transport sector grew at a rate of 30.6% in 2016 reaching TZS743b, compared to TZS569b in 2015 with a growth rate of 9.4%. The results were included in a report recently issued by the Tanzanian National Bureau of Statistics (NBS), covering the country’s GDP performances in 2016 GDP. ( Tanzania Transport Sector Record 30.6% Growth in Q2 2016 Read more at http://www.tanzaniainvest.com/transport/transport-growth-q2-2016). Institutional Sector Reforms  The Ministry of Infrastructure Development oversees the development of the transport sector in the country. It has instituted several reforms aimed at improving transport infrastructure development and managemen...

Tanzania Enjoys Peace & Political Stability Tanzania is one of the most peaceful and politically stable countries in Africa. Since its independence in 1961, the country has never experienced a civil war or any major internal strife. Tanzanians continue to live in peace and with a sense of a common national identity. Since the resignation of Julius Nyerere, the country’s first president, all succeeding presidents have been elected into office in fair and free elections. Presidential terms are limited to two five-year terms. This political stability provides protection to investors. Tanzania Has A Strategic Geographical Location The country’s geography is greatly beneficial. It is connected directly to the Indian Ocean giving it trade links to Asia and sits in between the ocean and 6 landlocked countries (Uganda, DRC, Rwanda, Burundi, Zambia and Malawi) that rely on Tanzania for passage of goods. The country has 3 deep water ports (Dar es Salaam, Tanga, and Mtwara) that ...

The Communication Act of 1993 paved the way for the advancement of the telecommunication sector, while the National Telecommunication Policy (NTP) of 1997 provided the framework for further reforms and private-sector engagement in the sector. A milestone in telecom sector was achieved by the establishment of the Tanzania Communications Regulatory Authority (TCRA) in 2003, as an independent agency for the regulating and licensing of postal, broadcast, and communication, industries. The TCRA is mandated to promote competition and economic efficiency, protect consumer interests, grant licenses and enforce license conditions, regulate tariffs, and monitor performance. Please refer to the next exhibit regarding subscribers of voice telecommunication in Tanzania.  Communication activities continue to grow at a rate of 20% annually due to increase in mobile phone activities. Major providers of mobile services include Vodacom, Airtel, Tigo, TTCL, Halotel, and Zantel. Tanzania is now...

' ' Over the last two decades, the financial landscape in Sub Saharan Africa has changed enormously. Hand in hand with the various reform programs that have been adopted by many countries in Africa, the banking system across the continent has grown significantly, keeping pace with the remarkable economic growth witnessed in many African countries. The banking system has not only increased in scale but now offers a wider range of services across a much wider geographic coverage than it did a decade ago.'' Prof. Benno Ndulu Governor, Bank of Tanzania (August, 2017) The banking system in Tanzania (which dominates the financial system) is liquid and resilient to most of the shocks. Despite some indications of progress resulting from the reforms, the system falls short of what is needed to support economic growth. This results in high-interest rates on loans, currently 12% to 20%, while the interest rates on deposits are at 2%. The banking sector in Tanzania ha...

The manufacturing sector is at its infancy stage with few exploited areas whereby unprocessed agricultural commodities have dominated major exports. The manufacturing sector has shown steady growth over the years, registering 4% annual growth rate and a small contribution of 8% to the GDP. The sector employs around 140,000 workers mainly in the urban areas, making 48% of monthly paid employees. The sector contributes to the Tanzania economy through revenue collection of import and export sales, corporate tax, and income tax, contributing about 20% foreign exchange to the government, third after agriculture, and tourism. The activities consist of manufacturing simple consumer goods like food, beverages, textiles, tobacco, wood products, rubber products, iron, steel, and fabricated metal products. This sector offers a wide range of opportunities to both potential local and foreign investors. Even though the Government puts emphasis on few manufacturing areas, which are textile, le...

Forests and   woodlands in   Tanzania are  estimated to   cover about   35.5 million hectares and constitute  about  38%  of the total area  of the country.  Of this,  13.5  ha are  gazetted as  national forests  or local government forests  and the  remaining  25.5 million ha  are in a village or general land.  Tanzania has 600 government forest reserves, covering about  13%  of the  total land  area.  The reserved  area includes  1.6  million ha  that is managed as catchment forests and 80,000 ha of government plantations. In addition,  there are  80,000  ha of  private forest plantations.  Most of  the forest  is savannah and intermediate woodland  (dominated by branchy-stegia and isoberlinia species).  The principal  species of  wood in Tanzania are  valuable...

Take Advantage of Opportunities in Tanzania-Uganda Crude Oil Pipeline Construction, Tanzanians & Local Suppliers Told.   Tanzanians and service providers in the oil and gas sector are called upon to show up and grab the emerging opportunities before, during and after the construction of a 1445km long Tanzania-Uganda crude pipeline expected to kick off soon.   The government of Tanzania is obediently assured by the Association of Oil and Gas Service Providers that local suppliers have demonstrated capacity and readiness to deliver most of the services both technical and non-technical that will be required in this project.  According to ATOGS chairman Mr. Abdulsamad Abdulrahim services, including among others, construction, engineering services, procurement of materials and logistics.   Others are indirect services, which includes, accommodation, health, and medical services, transportation, facilities management, operation, and main...

Tanzania has many tourist attractions. More than 44 per cent of the country’s land area is covered with game reserves and national parks. There are 16 national parks, 29 game reserves, 40 controlled conservation areas and marine parks. Tanzania is also home to the famous ‘Roof of Africa’, Mount Kilimanjaro. On 6 January 2012, The New York Times newspaper awarded Tanzania the 7th position among 45 top destinations to visit. The tourist industry currently supports 100,000 jobs and generates 25% of Tanzania’s foreign exchange. Tanzania received over 1,020,816 tourists by October, 2016. Tanzania has six World Heritage Sites. Only three countries in Africa have more: Tunisia (8) and Algeria and Ethiopia (7) and only Morocco has as many sites as Tanzania. The sites in Tanzania comprise two cultural and four natural sites: Ngorongoro Conservation Area       2. Ruins of Kilwa Kisiwani and Ruins of Songo Mnara        3.Sereng...