Tuesday May 3, 2016
| Text Size
Search IPPmedia
Badilisha Lugha KISWAHILI

Businesses urged to embrace unity as TPSF is modernised

1st February 2013
TPSF chairperson, Esther Mkwizu

Members of the private sector in the country have been encouraged to embrace unity and speak with one voice especially now when their contribution to nation building is growing day by day.

This comes at a time when efforts to change the constitution of the apex body for the sector in the country, Tanzania Private Sector Foundation (TPSF), are in high gear to allow more inclusiveness, diverse membership and strengthening of good governance in foundation’s operations.
The TPSF chairperson Esther Mkwizu told journalists in Dar es Salaam yesterday that there is every reason for the private sector in Tanzania to strongly unite now than for its own benefits and that of the country.
“We should strive and be strong as a group,” she said, adding that under the proposed setup of the foundation, every private sector entity will have to become a member of their respective associations and contribute toward making the apex body strong.
She said that TPSF members should work hard and make their contribution to the economy sounder. 
Currently, private sector contributes more than 700bn/- to the government in revenue every month.
“This is a significant contribution from the private sector to the government,” she said, adding that with the proposed set up in the offing, it is hoped that the sector will contribute even more efficiently.
For his part, TPSF Executive Director  Godfrey Simbeye said members should expect a more strong and vibrant private sector body from June this year when a new foundation board will be formed under a new system with representatives from all crucial economic sectors in the country.
“People should expect a strong body and better things from TPSF,” Simbeye said, adding that it is now becoming clear that private sector is one of the engines of the economy.
Under the new proposed system, a new TPSF board structure will be based on clusters and inclusion of special interest groups such as women, youths and people with disabilities.
There will be ten clusters and will be expanded depending on the changes in the economy.
The clusters are agriculture; manufacturing/industry; extractive, industries and energy and tourism and natural resources.
Others are banking and financial services, services, trade and commerce, private sector organisations based in Zanzibar, regional business associations and women entrepreneurs.
According to recommendations presented by the Chairman of the sub-committee of the task force on strengthening the common voice of the private sector in Tanzania, Salum Shamte, earlier this week, TPSF will have 11 board members of which 10 are elected based on representation from the proposed clusters and one position reserved for the outgoing chairperson.
The recommendations were presented during the TPSF extraordinary general meeting held in Dar es Salaam.
Also, the sub committee recommends that TPSF should strategically continue recruiting members from corporate category until the proposed private sector development legislation is formed and enacted.
On the issue of financial sustainability, the sub committee recommended that there is a strong need for TPSF to develop and implement a variety of income-generating activities.
Other members of the sub-committee include Felix Mosha, Ali Mufuruki, Aloys Mwamanga and Dr Gideon Kaunda.
Recently, TPSF faced numerous challenges in repositioning itself as the umbrella private sector organisation (PSO) providing a common platform and voice for all PSOs in engaging the government in policy advocacy.
The recommendations of the report are a step toward rectifying the anomaly.
Members of TPSF who came from all over the country to attend the meeting generally passed the recommendations after thoroughly discussing them.


No articles