Prince William, the Duke of Cambridge, arrived in Tanzania from Namibia on his tour of Africa which also includes Kenya. Prince William had a meeting with President John Magufuli of Tanzania after visiting Dar es Salaam port to witness some of the challenges faced in combating the illegal wildlife trade. The Duke of Cambridge is in Tanzania to raise awareness of the Illegal Wildlife Trade conference taking place in London in October, and to learn more about the conservation work taking place in the country. Kensington Palace says the royal is making the ‘private working trip’ as president of the United for Wildlife group and patron of Tusk, another conservation organization
Chadema, one of the opposition’s parties in Tanzania, has unveiled its twelve-point policy in a bid to remain politically active. The policy was unveiled a few days after the party declared that it would boycott all upcoming by-elections, saying it would concentrate on rebuilding itself. Based on the centre-right political ideology, the party’s policy shares the view that democratic societies provide individuals throughout the country with the best conditions for political liberty, personal freedom, equality of opportunity and economic development under the rule of law. Chadema believes that political democracy and private property are inseparable components of individual liberty, and that a socially-oriented market economy provides the best means of creating wealth and material prosperity to meet the legitimate aspirations of individuals in addition to tackling social evils. The policy covers a wide range of issues, which include the constitution, governance, social market economy, internal politics and social politics. Other issues include education and science, health, land management, agriculture, infrastructure and environmental and foreign policies. The revised edition of the policy aims to make sure that the country has a strong alternative party whose ideology is well understood by the people. The underlying theme of the policy is a market-led economy that Chadema touts while making its ideology clear again that it is a centre-right political party which sees the private sector as the “saviour of the nation”.
Business stopped for over three hours due to power blackout that has been blamed on technical faults by the national power utility. Tanzania’s national power grid on Thursday September 27, 2018 collapsed causing a blackout in regions connected to the national grid. The blackout resulted in huge losses for the major industries and business ventures that heavily relied on the national grid.
Meanwhile, as Tanzania implements its much-touted industrialization drive, financing has been cited as one of the biggest hurdles the country has to address. The industrial sector which is mostly represented by manufacturing has of late shown an improvement in terms of growth and its contribution to the economy, but access to funding remains low. According to the Bank of Tanzania (BoT) monthly economic review for July 2018, Tanzania’s bank credit is dominated by personal loans at 27.4 per cent followed by trade at 20.5 per cent. Manufacturing comes third with 10.5 per cent of the total credit extended by banks to major economic activities in the year ending June. This was a slump compared to 2017 financial year which stood at 11.4 per cent. However, the sector has been growing and its contribution to the economy is improving. Employment in this economic activity increased to 95, 678 employees in 2016 from 91,008 employees in 2015 with food, beverages and tobacco manufacturing producing more than half of the total employment, according to the report. The industrial sector financing, unlike other sectors, has challenges which may be originating from both the nature of the local financial institutions and the operational challenges of the industries.
In another related development, Tanzanian government has rejected the EAC report on tax-cheating allegations and reiterated that Kenyan businesses will continue paying a 25 per cent levy on confectioneries exported to Tanzania for the foreseeable future. This will go on until Tanzania is satisfied that the industrial sugar used to manufacture the sweets, biscuits and chocolates from Kenya is not zero-rated in terms of import duty. According to Tanzania’s Commissioner for Customs and Excise Ben Usaje, a report that was prepared by the East African Community (EAC) on Tanzania’s tax-cheating allegations, was not conclusive. Mr Usaje on Wednesday said Tanzania wants the EAC experts who inspected Kenyan firms that manufacture confectioneries to repeat the exercise. “We will keeping charging the Kenyan manufacturers the 25 per cent levy until we are satisfied with that EAC experts are thorough in the inspection” he said.
Social and Cultural Issues
Tanzanians and various institutions have already contributed a total of Sh589.3 million following the MV Nyerere ferry disaster off Ukara islet in Ukerewe District that killed 227 people. Disaster committee chairman, who is also the Minister for Works, Transport and Communications, Mr Isack Kamwelwe, said yesterday that the committee received Sh160 million from KCB Bank Tanzania, Sh25 million from the Archdiocese of Dar es Salaam, Sh10 million from Tanzania Postal Corporation (TPC) and Sh300,000 from two fishermen Abel Michael and John Saria. The Evangelistic Assemblies of God Church of Tanzania (EAGT) donated Sh5 million. The additional money brought the total amount collected by press time yesterday to Sh589.3 million. Disbursement of the money to 135 families who lost their relatives in the accident had already started. In line with President John Magufuli’s directive, each family was to receive Sh1 million for every life lost in the accident.