Thursday, 4 December 2014

#Tanzania: A Sleeping Lion Awakes

The November issue of Guardian Report looks at Tanzania rising fortunes. As a stable country politically, Tanzania is seen by many as the next frontier in the East African region. Endowed with an array of mineral resources, excellent weather, magnificent tourist destinations among many other things, Tanzania's political stability has seen a huge attraction to foreign investors and direct investments in areas of mineral exploration, banking and finance, tourism and in many other commercial deals. The Guardian in an exclusive report looks at Tanzania-UK relations, tourism and speaks to key stakeholders to Tanzania's increasing fortunes. There is a Q&A with Tanzania's Finance Minister Saada Mkuya where she highlights among other things the government's efforts to increase capital access to SMEs, Tanzania's GDP growth and bridging the gap in people's access to credit and integration to the banking industry.

Further analysis is done in Tanzania's tourism sector. Our tourism sector has not be aggressively advertised. Doing so will help convince many tourists from Europe, Americas, Asia and indeed Africa visit the magnificent tourist destinations such as the Serengeti, Ngorongoro, Selous, Zanzibar among many. The Commissioner General of Tanzania Revenue Authority explores the effective ways of tax collection and government financing through revenue and tax. Further insights are given by the Foreign Affairs Minister Bernard Membe, embattled Minister for Energy Prof Sospeter Muhongo, TANESCO Managing Director among others.

Tanzania stands at a critical transition for progress and development. Sound leadership, vision and accountability remain crucial in taking Tanzania to the next level.

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