Tuesday, 27 November 2012

Fastjet low cost airline launch in Tanzania is a positive step for economic prosperity

Wednesday 27 November, 2012: Fastjet, the first low-cost airline for Africa has started operations in Tanzania. Air travel in Africa is one of the most expensive in the world. The launch of local flights in Tanzania by Fastjet  will prove to be a positive economic step for various national sectors in Tanzania. Of greater boost shall be the tourism sector in. Tourism is a crucial revenue earner for the Tanzanian government. For a country that boasts of the highest mountain in Africa, the Mount Kilimanjaro, great national parks such as Serengeti, Ngorongoro, Manyara, Sealous, and many other, Tanzania will greatly benefit from Fastjet. This is because local tourism will be rejuvenated and act as a catalyst for domestic growth. With the Zanzibar route to be introduced, this will further boost internal tourism. 

Of greater challenge shall be the government's will to improve infrastructure such as revamping and modernizing local airports and airstrips. The government needs to work through the Ministry of Transport, Ministry of Infrastructure and other departments to see airstrips are modernized and given an uplift to cater for the increased number of air users. This shall be the greatest challenge faced by the government. Despite this being a challenge, it could act as stimuli for infrastructure improvement. In turn, the economy will be vibrant through increased transport, tourism promotion, increased trade and increased regional (provincial) interconnectedness. The challenge should act as a possibility and a chance for a re-examination of the government's commitment to economic prosperity.  

Tanzania being a safe haven and a stable emerging democracy coupled with hospitable and peace loving people can become a destination of choice. The impact of such a move by Fastjet is increased commerce, increased economic vibrancy in both the service and commodity markets, increased finance mobility in the banking sectors, the SMEs, insurance etc. The road to modern economic management and success starts with such initiative.

It is our time Tanzania. God bless Tanzania.       

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