Scale-up investment in small-scale firms, Tanzanians told

TANZANIANS have been challenged to scale up investment in small scale industries as way to maximise income and contribute to economic growth.

The Permanent Secretary of the Prime Minister's Office, Policy and Coordination, Prof Faustine Kamuzora said this during the visit to the National Economic Empowerment Council (NEEC) for the first time since his appointment to the office.

He said the society should not relax and satisfied with their current income but they should use various existing opportunities particularly in small scale industries.

“We have so many opportunities as nation which every individual can fulfill his or her economic ambitions and become wealthy and one of these opportunities is the presence of raw materials that need to be processed and valued,” he said.

He said other opportunities include the existence of 19 empowerment provident funds, financial institutions such as banks and a large domestic and international market.

The focus is to convert existing raw materials into value added products and meet the international standards acceptable quality for the local and international market.

aHe also urged the council members to continue working with integrity and professionalism with cooperation in order to achieve the government goals in constructing the green industrial economy with better service to the people.

He said the government through the council will continue to ensure that empowerment continues to be released in order to promote production that will foster number of taxpayers.

The Executive Secretary of the National Economic Empowerment Council (NEEC), Ms Beng’i Issa pledged to cooperate with him in fulfilling the functions of the council.

"We will ensure that we improve our services and the empowerment responsibilities,” she said. One of the advice that they were given among other things is to improve tourism industry by using the existing opportunities to develop touristic attraction in the southern region to connect farmers with tourism where the council is the programme implementer