Transcript qq - Facilitating International Business

UNITED REPUBLIC OF TANZANIA
OVERVIEW OF BUSINESS ENVRONMENT AND
DOING BUSINESS IN TANZANIA, 2014
Presentation by:
Mr. Juvenal Lema : Prime Ministers’ Office
7/7/2015
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Outline
1. Macroeconomic Outlook
2. Investment through PPP Arangements
3. Business Environment in Tanzania
4. Regulatory Reforms and Government
Roadmap Initiatives in Tanzania
5. Way Forward
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Macroeconomic Outlook
 Tanzania has been able to achieve more in terms of
the macroeconomic stability over the past decade.
 It has, by regional comparisons, sustained high
economic growth rate at an annual average of over
6%.
 However, the sustained level of growth still fall short
of the National Vision 2025 and MKUKUTA targets.
 To a large extent the situation has been contributed
by among other things; poor infrastructure, global
economic crisis, draught, pace of growth of
technological changes and climatic changes .
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Investment through PPP
 PPP Policy 2009
 PPP Act
2010
 PPP Regulations 2011
 Two PPP Units
 Coordination Unit - TIC
 PPP Finance Unit - Ministry of Finance
 PPP Pipeline Projects in place (
Ports,Railway, Agriculture e.t.c
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Business Environment
 Despite various regulatory reforms and
reviews undertaken by the government
that aimed at improving the Business
Environment, Tanzania has not faired
well in Global Business Environment
reports from 2007 - 2011; including
 The Investment Climate Assessment,
 Doing Business Report and
 Global Competitiveness Report.
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Tanzania’s Rank in Doing Business Report from
2007 - 2011
FACTOR DESCRIPTION
TANZANIA
2007
2008
2009
2010
2011
Ease of Doing Business
142
124
126
125
128
Starting Business
127
95
109
120
122
Dealing with Construction 172
Permits
170
172
178
179
Employing Workers
143
151
140
131
-
Registering Property
157
160
142
145
151
Getting Credit
117
115
84
87
89
Protecting Investors
99
83
88
93
93
Paying Taxes
113
104
109
119
120
Trading Across Boarders
67
100
103
108
109
Enforcing Contracts
65
35
33
31
32
Closing Business
105
109
111
113
113
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Business Environment
 In September, 2009, His Excellence President Jakaya
Mrisho Kikwete directed the formation of the
National Taskforce with the aim of making a
thorough analysis and come up with appropriate
recommendations including possible reforms and
amendments. This was prompted by the World
Bank Published Doing Business Report 2010 which
showed that Tanzania’s ranking ( Ease of doing
business) has been deteriorating over the past two
years ( 124 ( DB 2008) , 127 ( DB 2009) , and 131 (
DB 2010)
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Business Environment
 Based on the recommendations/interventions
received from relevant sector ministries, the
National Task force team prepared a
comprehensive Government Road Map for the
Business Environment and Investment climate in
Tanzania as a guide document to curb the
prevailed situation .
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Ongoing Interventions to Improve Business,
Investment and Competitiveness Climate
 Electricity: Power Master Plan
 Finance: Second Generation Financial Sector
Reform Programme
 Taxation: Tax Administration Reform Programme
 Macro economy stability: NSPRP (MKUKUTA)
 Business Environment and Investment Climate:
BEST, LSRP, PSRP, Local Government Reform
Programme
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Ongoing Interventions (Cont…)
 Transport: National Transport
Investment Programme
 Education and worker’s skills: MMES,
MMEM, Tertiary Education Programmes
 Access to Land: Land Reform Programme
 Corruption: National Anti Corruption
Strategy & Action Plan (NACSAP)
 Big Result Now ( BRN)- borrowed
Malaysian Model
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Achievements of business
enviroment in Tanzania
• Digitization and consolidation of files at BRELA’s
registration office;
• Simplification of payment and filing of tax
through General Electronic Filing Regulations;
• Simplification of mobile phone payment of VAT,
Property and Individual Tax through M-PESA,
Tigo Pesa, Max Malipo, etc…
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Achievements of business environment in
Tanzania
• The ongoing installation of Integrated Land
Management Information System (ILMIS) for easy
retrieval of land records;
• The establishment a “One Stop Centre” service
delivery concept at the Port of Dar Es Salaam which
at the moment has led to a subsequent decrease of
time taken for clearance of cargo to 9 days;
• A 24 hrs operations at the Port of Dar Es Salam
enhanced.
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Achievements of business environment in
Tanzania
• Elimination of permanent blocks along Dar Es
Salaam – Rusumo Highway from 50 blocks to 15
blocks.
• Credit Reference Databank (CRD) was launched by the
Bank of Tanzania Management. While the establishment
of Credit Reference Bureau (CRB) has been given to the
Private Sector - M/s Dun & Bradstreet Credit Bureau
Tanzania Limited and has been licensed in to operate as
a Private Credit reference bureau in Tanzania.
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Achievements of business environment in
Tanzania
 Credit Reference Databank (CRD) was launched by
the Bank of Tanzania Management. While the
establishment of Credit Reference Bureau (CRB) has
been given to the Private Sector - M/s Dun &
Bradstreet Credit Bureau Tanzania Limited and
has been licensed in to operate as a Private Credit
reference bureau in Tanzania.
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Doing Business Report in 2014
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Way forward
We expect to meet you at the Networking
lunch and discuss with the representatives
from the sector ministries / departments/
agencies on the available projects in
Tanzania.
THANK YOU FOR YOUR ATTENTION AND
WE WARMLY WELCOME YOU TO
TANZANIA.
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