Brokers, auctioneers to obtain licenses online

25Feb 2020
Getrude Mbago
Dar es Salaam
The Guardian
Brokers, auctioneers to obtain licenses online

​​​​​​​THE Ministry of Finance and Planning has launched an online facility to enable brokers and auctioneers apply for and obtain licenses electronically, to reduce the time and cost spent in following up license applications.

Speaking at the inauguration of the facility in Dar es Salaam yesterday, Permanent Secretary Doto James said that before the facility was conceived, brokers had to travel long distances to the Treasury headquarters to obtain licenses.

He said that with the new facility, the companies will apply for the license online and pay fees through mobile phones or banks.

“The move will also enable more auctioneers and brokers in real estate and other fields register and conduct their activities legally and freely. This will also increase revenue collection for the government,” he stated.

He directed brokers and auctioneers across the country who are yet to register to do so immediately as the government will not spare anyone conducting the business illegally.

 The government is aware that a good number of auctioneers and agents in real estate conduct their activities without having a legal license, which denies the country its required revenues.

“We are going to embark on a countrywide campaign to unearth all illegal auctioneers. All who will be caught will be dragged to court to face criminal charges…We want to maintain the good name of the industry and get rid of those who are ruining the quality of the sector,” he cautioned.

For his part, Choto Sendo, acting director of government assets in the ministry said that the ministry will educate auctioneers and brokers on the new facility.

He directed regional verifiers of government assets to ensure that they serve the group well and with due diligence to ensure that they understand the purpose of this innovation.

“From now onwards, it is strictly forbidden for any broker or auctioneer to operate without being registered,” the director intoned.

Yono Auction Mart managing director Scholastica Kevela urged the government to finalise the review of the law governing the sector so as to address some inconveniences which occur during operations.

“We are ready to help the government to identify unregistered brokers. There are so many in real estate and other industries…so we will support the government in arresting these people who spoil our industry,” she told the gathering.