News Column

Tanzania Keen On Improved Business

February 26, 2014

THE government is taking the World Bank "2014 Doing Business Report" seriously and will make improvements in the key areas to boost business climate in the country.

President Jakaya Kikwete said this in Dar es Salaam on Wednesday while launching the Business Environment Lab which is the seventh in the Big Result Now (BRN) initiative implementation.

Labs launched previously include Energy, Central Corridor Transport, Education, Agriculture, Resource Mobilization and Water.

The World Bank "2014 Doing Business Report" placed Tanzania in 145th position out of 189 economies globally which is a drop by nine positions from 136th position in year 2013. The problematic areas mentioned which according to President Kikwete demands immediate attention and responses are starting a business, Registering Properties, Getting Credit and Protecting Investors.

"Certainly, this report brings to us no good news. Admittedly, we do have problems of efficiency in delivering of services that are key to private sector development. The good news is that, we have resolved to address these challenges," he said.

Mr Kikwete added that the lab that was launched was a manifestation of the country's determination -- and a step towards concrete action. Indeed, the launching of the Business Environment Lab is both desired and timely".

President Kikwete noted that the government has "taken seriously concerns of the private sector on the state of our business environment. My Government has spent considerable amount of time and effort in addressing these issues".

He added that lab, to specifically deal with challenges affecting business environment in Tanzania, has been created.

President Kikwete further said that the Business Environment Lab is expected to complement the good work and results already taking place in the earlier six labs.

He added that it is imperative that the lab finds realistic solutions to the barriers against starting and operating businesses over time. "I call upon you all, the public as well as the private sector, to work together in a spirit of smart partnership in undertaking the analysis of the problems on our hands and finding the solutions that will resolve them once and for all," he said.

He noted that meaningful improvement in the state of business environment must go together with the improvements in the government delivery system.

"Attitudes of public institutions and those who man them need to change. What concerns the private sector should concern the government as well," he pointed out.

He added: "After all, it is in our interest to see vibrant local private sector participation, alongside the competitive foreign private sector. This is a tall order. But I have no other choice. In fact all of us, as Tanzanians have no other choice. We must act now. It can be done, play your part".

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Source: AllAfrica

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