Small and medium enterprise (SME) operators in the country have been urged to seek training that can instill the behaviour of successful entrepreneurs to make them forward-looking and firm in pursuing their goals.
Speaking at the closing of a six-day training seminar for small and medium entrepreneurs in Moshi town recently, Tanzania Investment Centre (TIC) acting executive director Raymond Mbilinyi said such training seminars offered by TIC strengthened and improved quality, efficiency, growth and profitability.
The training seminar under TIC Business Linkages Programme seeks to elevate SMEs in Tanzania. The programme is coordinated by TIC in collaboration with the United Nations Conference on Trade and Development (UNCTAD).
It is designed to create an environment conducive to sustainable business linkages between local SMEs and large foreign or domestic companies.
Mbilinyi said TIC intended to continue offering such training to entrepreneurs for their good and the country’s development.
He said a total of 250 entrepreneurs had already benefited from TIC training countrywide since 2009.
“The feedback we get on improved businesses is encouraging,” he noted.
For their part, participants Theresia Ruteta and Clemence Mollel thanked TIC for the training and called for more training so they would be able to improve their businesses.
“We believe that it is only education that will help Tanzanians fight against poverty,” Ruteta said.
The Business Linkage Programme is an initiative, which aims at promoting durable and mutually beneficial partnerships between (affiliates of) transnational corporations (TNCs) and large-scale local companies on the one hand, and SMEs on the other, to enhance productive capacity, competitiveness and sustainability of their relationships.
Experts say that experience has shown that countries which facilitate the development of sustainable TNC-SME linkages can upgrade their local productive capacities and enhance their industrial performance by integrating their enterprise into global supply chains of large foreign firms.
According to the experts, most of Tanzania’s SMEs are generally unable to meet business standards required to deal with TNCs on production issues such as price, quality, and consistency in volumes.
A total of 30 participants from mainly Kilimanjaro and Arusha regions got certificates after completion of the training.