DISTRICT and regional representatives from government institutions have been ordered to conduct visiting trips to investors\u2019 premises on a single day for the sake of productivity and convenience on both sides.<\/p>\n
The order was sounded by the Minister of State in Prime Minister\u2019s Office (Investments), Angellah Kairuki during a consultative meeting that brought together representatives from public and private sectors.<\/p>\n
She told a consultative meeting that joint visits to investor\u2019s premises would save time of visitors and hosts and increase productivity.<\/p>\n
The Minister said currently representatives of public institutions formulated and observed their own visit schedules to investors and business premises.<\/p>\n
Such visits, she said, had inherent inconveniences to hosts because the visits interrupt working schedules of hosts.<\/p>\n
\u201cI appeal strongly to representatives of government institutions to formulate joint inspection schedules for visiting premises of investors and businesses, instead of a representative visiting people\u2019s premises at a time and day of his or her convenience.\u00a0 Joint inspection visits will make your hosts do their work conveniently,\u201d she told the meeting.<\/p>\n
The Minister re-assured the private sector of the government\u2019s continued efforts to improve the environment for doing business, telling the delegates that all concerns and views raised by the meeting would be worked upon swiftly by the government.<\/p>\n
\u201cI want to assure you that the government is determined to continue improving environment for doing business in this country, just as it is determined to ensure this country becomes a middle-income industrial nation come 2025,\u201d she said.<\/p>\n
She told the delegates that the government valued consultative meeting because, she explained, when challenges exposed during the meetings were solved national production increased too.\u00a0 In that vein, the minister said, the government would use concerns raised by delegates to change laws and regulations governing investment and doing business in the country.<\/p>\n
Deputy Minister, Finance and Planning, Dr Ashatu Kijaji told delegates that a total of 164 taxes and levies have been struck off the list.<\/p>\n
She called on banks to consider reducing interest rates on loans because, she said, the government was charging seven percent interest on money borrowed by banks from the Bank of Tanzania.<\/p>\n
\u201cCharging your clients more the 18 percent interest on loans you give them is wrong,\u201d she declared before the meeting also attended by representatives of financial institutions. Livestock and Fisheries Minister Abdallah Ulega told the delegates that the government had already banned fish imports to promote local production.<\/p>\n
He called on prospective investors to make aggressive investments in livestock and fisheries sectors because, he said, their products had a ready local and foreign markets.<\/p>\n
Shinyanga Regional Commissioner Zainab Telack reported that 729 industries have been established in the region out of the number 13\u00a0 are big, 11 are\u00a0 medium while remaining 705 of them are small, all creating 10,150 jobs.<\/p>\n
She said 20,289.25 hectares had been set aside for investment in business, agriculture and industries.<\/p>\n
Kahama town had set aside 2,000 ha, Shinyanga District council 5,560 ha, Ushetu 2,110 ha, Kishapu 10,36l.70 ha and Msalala 257.53 ha, she reported.<\/p>\n","protected":false},"excerpt":{"rendered":"
DISTRICT and regional representatives from government institutions have been ordered to conduct visiting trips to investors\u2019 premises on a single day for the sake of productivity and convenience on both sides. The order was sounded by the Minister of State in Prime Minister\u2019s Office (Investments), Angellah Kairuki during a consultative meeting that brought together representatives […]<\/p>\n","protected":false},"author":84,"featured_media":4385,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[1576,175,2334],"class_list":["post-4384","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-angellah-kairuki","tag-ashatu-kijaji","tag-investors-premises"],"yoast_head":"\n