THEO MUSHI SMALL and Medium-scale enterprises (SMEs) are vital in all productive sectors of the economy so as to speed up the pace of industrialization. SMEs are found in all the productive sectors of the economy – including manufacturing, agro-processing, mining, fishing, tourism and commerce. However, they invariably face the problem if access to capital because of lack of…
THEO MUSHI ONE of the achievements of the Third Phase Government was to contain the inflation rate from 36 per cent in 1995 to 4.5 per cent in 2004. This was due to fight monetary policy through which the Bank of Tanzania controlled the supply of money to the economy in consistent with projected economic growth rates. Low and…
STAKEHOLDERS in the welfare of Tanzania have advised the Government in Dar to change tack and resort to using domestic revenues to implement the second phase of its National Strategy for Growth & Reduction of Poverty (NSGRP-II). If the Government continues to depend on donor funding – as it did for the first phase of the Strategy – this…
Felix Kaiza While touring his home region, Tanzania’s Prime Minister Mizengo Pinda went through two experiences worth putting on record. He received a three-hundred-shilling boost from a teenage boy to help him secure nomination papers for a parliamentary seat in the forthcoming general elections. That is politics. That is their game. Then he found himself saying Tanzania has reached…
By Felix Kaiza The Doha sitting of the United Nations Convention on International Trade in Endangered Species (CITES) has declared a halt on the Tanzania and Zambia campaigns to pump ivory from their stockpiles into the market, purportedly to plough back some of the accrued revenues into elephant population conservation programmes. These essentially entail anti-poaching activities. On this one,…
Benjamin Mkapa Special Economic Zone (BWM- SEZ) Emmanuel D Tayari Poverty is today the most pressing problem for the Tanzanians. There is sharp disagreements on which is the best way we should follow to fight poverty, between either people who believe in Socialism and people who believe in Capitalism. At the end of the day these differences do not…
Faidamax.com reporter CHURCHES in Germany have been asked to support Cultural tourism in Tanzaniasince this type of tourism is the most viable for sustainable economicdevelopment in rural areas of Tanzania. Speaking at an Annual Synod General Assembly of the Lutheran church – inMecklenburg Germany – an activist in Cultural tourism and former member ofthe Board of Trustees of Tanzania…
MNAKU MBANI WHEN Bill Gates dropped out from university to start his own software business, he never thought that he would – one day – become one of the richest persons in the world. Business consultants believe that starting a business when one is in 20s, such business tend to grow bigger and bigger when compared to business that…
Tanzanians insure property, not their health’study *New investors set out to change all that! MNAKU MBANI A RECENT study has found that only four per cent of the 126-million strong population of the five member countries of the East African Community – Kenya, Uganda, Rwanda, Burundi and Tanzania – can be said to have some sort of medical insurance…
* Competitiveness edge off locally-produced goods, services eroded * Lack of a single entry customs collection * ‘Thinking East African’ has to become real * Deliberate protectionism, administrative non-tariff barriers * Unnecessary bureaucracy MNAKU MBANI THE five member countries of the East African Community (EAC) HAVE formally adopted a Common External Tariff (CET) regime. There still are some formidable…