Wednesday, July 11, 2018

Listen to the private sector

Nation building is not a simple task. It calls for the full participation and involvement of all key players. For years, the private sector in Tanzania has pushed for full involvement as an important partner in building the economy.

It is worth noting that the government recently adopted a blueprint which is aimed at speeding up the process of improving Tanzania’s business climate. It seeks to harmonise business policies, laws, regulations, fees, taxes and levies.

The private sector has cautiously welcomed the initiative. However, a number of concerns have been raised with regard to effective implementation of the blueprint.

First, business leaders have urged the government to come up with a workable action plan.

Second, if the country is to truly benefit from the blueprint, then the government needs to put in place an appropriate legal instrument for its effective implementation.

Third, the government should also make it clear which authority has the mandate of overseeing the blueprint’s implementation. So, far it is not clear whether this is the responsibility of the Prime Minister’s Office, or the Ministry of Industry, Trade and Investment.

The government should address concerns raised by the private sector. Both sides are crucial in the endeavour to build an inclusive and competitive economy.

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