By Alfred Zacharia
Dar
es Salaam- The Tanzania Private Sector Foundation (TPSF), in
collaboration with Trademark Africa (TMA), has announced the launch of the
Tanzania Private Sector Week (TPSW) 2024. This pivotal event is poised to
reshape Tanzania's business landscape, underscoring the private sector's vital
role in driving economic growth.
Funded
by UK International Development, Norway, and Ireland, TPSW 2024 provides a
platform to reflect on the private sector’s journey, highlighting challenges,
successes, and strategies to enhance business investment in Tanzania.
The event is particularly significant as it
marks the 25th anniversary of TPSF, celebrating a quarter-century of unwavering
commitment to the advancement of Tanzania's private sector.
Under
the theme “TPSF at 25: A Legacy of Championing Private Sector Growth Towards
Vision 2050,” TPSW 2024 aims to foster inclusive dialogue, celebrating the
progress made over the past 25 years while envisioning the future trajectory of
Tanzania's private sector. This celebration underscores the private sector's
fundamental role in economic growth and social transformation.
A
key highlight of TPSW 2024 is the focused dialogue on Freight and Logistics,
acknowledging the sector's critical role in boosting trade and investment. The
session revisited efforts to enhance the transportation sector as a catalyst
for trade and industrial competitiveness. During this dialogue, TPSF launched
the Freight and Logistics Platform Guidelines and reintroduced the members of
the FLP Committee to the government and the public.
Another
significant session, titled "25 Years of Private Sector Evolution: Past,
Present, and Future," offered a comprehensive reflection on the
transformative journey of Tanzania’s private sector over the past
quarter-century, providing insights into its current state and future
projections.
Prime Minister Kassim Majaliwa, officiating the week-long event, emphasized the private sector's crucial contribution to the economy, highlighting its role in ensuring the availability and accessibility of high-quality goods and services, as well as generating government revenue. He called on all government ministries, departments, and agencies (MDAs) to "receive and act on private sector recommendations aimed at improving the ease of doing business in the country."
TPSF
Board Chairperson Ms. Angelina Ngalula remarked, “This Tanzania Private Sector
Week represents a strategic milestone, amplifying the private sector's
influence and aligning with Tanzania’s vision for 2050. It enhances the
sector's visibility, demonstrating its positive impact on communities and
acting as a driver for economic growth.
By fostering collaboration and facilitating
open dialogue among diverse stakeholders, TPSW will highlight the private
sector’s role in economic development and strengthen our networks with our
stakeholder ecosystem.”
Mr.
Elibariki Shammy, Tanzania Country Director of TMA, added, “Tanzania Private
Sector Week 2024 showcases the resilience and innovation of Tanzanian
businesses. Through inclusive dialogue, we can envision a thriving future for
the private sector, driving economic growth, job creation, and social
transformation.
Trademark
Africa’s commitment to enhancing trade logistics and reducing trade barriers
aligns with the objectives of this event. We are honored to collaborate with
TPSF in this significant initiative.
Through
this partnership, we aim to contribute to an environment conducive to
sustainable and inclusive trade practices as well as promoting regional
integration.”
Originally
known as Tanzania Private Sector Day (TPSD), TPSW has evolved into a major
assembly, attracting over 1,000 CEOs, business leaders, and industry captains
from across Tanzania and the broader region. This transformation underscores
the event's significance in advancing private sector development and catalyzing
economic growth.
The
event will feature a range of activities to commemorate and acknowledge the
private sector's contributions to Tanzania’s economic growth.
Highlights
include a high-level panel discussion titled “25 Years of Private Sector
Evolution: Past, Present, and Future,” bringing together industry leaders to
reflect on the transformative journey of Tanzania's private sector and explore
strategic interventions for future growth.
Additionally, the event will honor
individuals, government entities, and businesses for their outstanding
contributions to the private sector's journey over the past 25 years.
As
TPSW 2024 unfolds, it not only celebrates the achievements of the past but also
sets a visionary path for the future, reaffirming the private sector's pivotal
role in Tanzania's economic landscape.
