A Tactical talk: Samia’s Maestro Moves in Reshaping Tanzania’s Economy

Tanzania's economy
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The Samia’s Cabinet reshuffle with an intentions of shaping Tanzania’s economy  has brought about debate of concern on the size of government, budget allocation of the new dockets and capabilities of the new appointees. The arguments have been against for both in our vijiwe and social media platforms.

About 5 billion audiences watched the Qatar 2023 World Cup across the world, this is more than half of the world population which clocks at 8 billion. Football has proven to be the most popular sport with about 3.5 billion followers, Football tactics determine the team formation and playing style making football not only a mere game but a ground for tactics battle. Tactic originates from ancient Greek meaning art of arrangement.

On 5th July, the directorate of Presidential Communication while in Lilongwe, Malawi issued a statement, President of United Republic of Tanzania Hon. Dr. Samia Suluhu Hassan had dissolved the Ministry of finance and planning and Ministry of investment, industry and trade. Three new dockets were created, the Ministry of Finance, Ministry of Industry and trade and President’s Office Ministry of planning and investments, this move didn’t come by surprise.

Early in February, President Samia announced she was locating three dockets at her office. The dockets of the treasury register, planning commission and investment, the idea was cheered by many since these dockets needed to be under the office with extensive decision making powers to avoid the heavy rain of decision making bureaucracy and there is no perfect place for this than the president’s office itself.

Tanzania's economy
President Samia Suluhu Hassan

The Investment docket has always been a cornerball, the 5th president late Magufuli shifted the docket from the Former Ministry of industry and trade to the Prime Minister’s office purposely for close monitoring. On 7th January 2022 President Samia shifted the docket from the prime minister’s office to then Ministry of industry and trade and on 5th July this year the docket was located to the President’s office under a complete Ministry of planning and investments.

The Ministry of finance has also had its fare share of name changes in the first government phase (1962-1985) was called Ministry of finance, in second phase government (1986-1995) transformed to Ministry of finance and economy the name lasted to other two government phase till 2015 where it was transformed to Ministry of finance and planning and recent reshuffle changed it to Ministry of finance.

A Super Ministry holds Tanzania’s economy

Football tactics have been evolving time after time, making significant changes in arrangement of positions in the soccer field sometimes demanding a player to perform more than one responsibility on the pitch. A role of box to box midfield has been a role with highly demand in recent football, a box to box midfielder is the player with skills effectiveness in defensive and offensive duties they cover the ball transition to both ends on the pitch they’re good decision maker and have both speed and stamina the Ivorian football Yaya Toure will perfectly fit your imagination of one.

The changes in global investment and trade patterns, frequent disruptions of macro and micro economic patterns have brought about a need to have a ‘Super Ministry’ that acts as a box to box midfielder by addressing both local and foreign investment and economics issues. In a recent interview with TBC, Stephen Wassira a veteran politician commented that separating planning docket from Ministry of finance was separating decision-making from the process of execution as far as matters of separation of powers are concerned this was a good move. Investment matters also undergo through number of agencies and Ministries before complexion hence a single ministry with both planning and investment dockets under the president’s office is an ‘ideal super ministry’.

Local Businesses

Tanzania is the third populous country in sub Saharan Africa with a population of 61 million. The 6th regime has undergone various reforms to make the investment and business environment to both locals and foreigners friendly.

Tanzania investment centre (TIC) May monthly bulletin report showed that the centre recorded 52 projects with an investment capital of $327.63 million whereby 38% of the project were locally owned and 32% were owned through joint venture. The new dockets can put it on a plate for local business to tap in nurturing effective business growth and competitiveness.

In 2018 the government made a deliberate move to introduce local content regulations in Mining sector, various sectors have been making insignificant benefit to local business due to poor participatory of local firms, the tapping into the value chain and making sure the sectors creates jobs engage in effective procurement of locally produced goods and services provided, this will stimulate local investment and improve the competitive capability of local investor. Effective enforcement of local content regulations will be a big win to our local business

Tanzania borders 8 countries, it bordered by Kenya and Uganda to the north, Zambia, Malawi and Mozambique to the south, Democratic republic of Congo, Burundi and Rwanda to the west. Tanzania is strategically positioned to trade with her neighbours who are mostly landlocked countries but frequently bans and quotas especially on agriculture products have discouraged the flow of business, with effort to improve legal framework that will eliminate cross border trade barriers will stimulate trade.

Traders are always in search of information to know where they can minimize their costs and maximize their profit this has not been an easy task. The lack of information and misinformation has always been discouraging both interregional and international trade. 2021, Tanzania launched the trade information portal, that portal helps traders with accurate information on export and import regulations. However a need for portal that will provide traders with information of opportunities across the country and easily accessed through various devices such as mobile phone.

My old man has mastered his soukous music taste, has in mind the arrangement of instruments, the tempo at which they should play and the persons behind each instrument. Dally Kimoko on the solo guitar, Lukasa ya M’bongo on rhythm guitar and Ngouma Lokito on bass guitar satisfies his guitar taste in a song but ‘Mastering the art of governance is not as easy as mastering on guitars taste‘.

Reah more articles on Tanzania’s Politics.


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