Minister assures private sector of conducive business  environment

19Feb 2019
Getrude Mbago
DAR ES SALAAM
The Guardian
Minister assures private sector of conducive business  environment

THE newly appointed Minister of State in the Prime Minister’s Office supervising investment matters Angela Kairuki, has assured the private sector that the government is committed and will continue improving business environment to enable the sector operate smoothly.

THE newly appointed Minister of State in the Prime Minister’s Office supervising investment matters Angela Kairuki

She said that the government was tirelessly working on all their concerns and recommendations towards making Tanzania a better place of investments.

 

Kairuki said this yesterday in Dar es Salaam when she visited the TPSF offices to oversee on-going  progress.   The minister’s visit among others was aimed at discussing and looking deep on issues of promoting economic growth and exchange views on improving business environment to make Tanzania a better place for doing businesses.

 

She said that the government understands very well that economic development and wealth creation is mainly driven by the private sector so supporting it was crucial.

 

 “We will tirelessly work to find durable solutions for all the challenges thwarting private sector development and investments in the country,” she said.

 

Earlier, TPSF chairman Salum Shamte said that despite various strides taken by the government to improve the private sector in the country, there was still some key challenges which are still thwarting its progress.

 

He expressed concern over the ‘unwelcoming behaviour’ of some government elders like regional commissioners and some ministry officials who have been arresting investors and detaining them whenever they felt doing so.

 

“These leaders do not only tarnish the country’s image but goes further affecting investment and the economy at large. So we call for the government to take durable measures to end this,” he added.

 

Shamte also said that TPSF recommends for better implementation of the newly enacted Public-Private Partnership (PPP) Act by ensuring that the private sector is engaged in various government tenders and projects.

 

He urged the government to start the implementation of blue print on Regulatory and Licensing Reform to enable nuisance laws and policies be reviewed for the betterment of the country.

 

“We are also appealing for the government to finalise the formation of the Private Sector Development Policy to enable the body formalise its discussions with public institutions for national to village level,” he said.

 

 

 

 

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