Dar, London team up to address shortcoming in local business

30Jan 2019
Mtapa Wilson
Dar es Salaam
The Guardian
Dar, London team up to address shortcoming in local business

In a bid to address bottlenecks facing private investors in starting their projects in the country, Ministry of Industry, Trade and Investments is partnering with development partners including UK High Commission to improve the environment.

Minister for Industry, Trade and Investment, Joseph Kakunda with British High Commissioner, Sarah Cooke in Dar es Salaam on Monday. Photo: Guardian Photographer.

According to World Bank report on Ease of doing business in Tanzania last year, it indicated that bureaucracy is still rampant in registering businesses and securing various permits in government ministries and agencies.

Minister of Industry, Trade, and Investments, Joseph Kakunda told a delegation of British High Commission, Sarah Cooke which paid him a courtesy call in Dar es Salaam on Monday that efforts are being made to reduce bureaucratic red tape in processing business projects.

“We want to boost bilateral trade between our two countries but also investments which creates jobs and contributes to economic growth,” Kakunda said after the meeting.

He said apart from trade and investment in which the UK is one of the top ten big investors in the country, Britain also provides development assistance in various sectors including education, health, water supply and power supply.

“As you know we have more than 100 year of bilateral relations with Britain.  So today British High Commissioner, Sarah Cooke paid a courtesy call to my office to discuss how best we can strengthen such relations,” Minister Kakunda added.

In the educational sector, Kakunda urged the British government to assist the country in expanding and modernizing technical and vocational education training system in the country so as to give young people skills and knowledge to be self employed.

Kakunda also requested Cooke to support the government’s industrialization drive and plans to become a middle income economy by 2025.

On her part, soon after the meeting with the minister, Cooke posted on her twitter account a appeal to business people to take part in contributing to debate to improve the investment climate in the country.

“Glad to meet with Minister Joseph Kakunda, Ministry of Industry and Trade to discuss the UK-Tanzania Trade and Investment partnership.  Private sector will be the engine of growth and job creation so welcomed to our discussion on how to strengthen the business environment in Tanzania,” Cooke wrote ending with a hashtag, #BUSINESSISGREAT.”

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