DAR ES SALAAM Tanzania (Xinhua) --
Tanzania’s economic outlook promises to be sound,
said a new report released on Tuesday by UK-based Exotix
Partners in collaboration with the Kenya-based Equity Investment
The report released
in the commercial capital Dar es Salaam said there is light at
the end of Tanzania’s economic tunnel.
The report said most
of the bad performance of the banking sector and, by extension,
of the private sector could be directly attributed to President
John Magufuli’s anti-corruption and anti-tax evasion drive,
which have proven disruptive in the short term but could prove
productive in the long term.
“In our view, this
reformist agenda has proved painful but should these policy
actions be sustained they could act as a long-term positive
catalyst for the efficiency of Tanzania’s public sector
institutions,” the report said.
Some of the actions
and policy directives that President Magufuli took and which
could have proven disruptive include summary dismissal of a
dozen of heads of key public institutions and a crackdown on
phantom workers as well as other cost-cutting measures.
The report said the
anti-tax evasion, however, has had positive results, adding:
“Developments around tax evasion have been welcomed for their
ability to increase tax collections and according to the
International Monetary Fund (IMF) this should culminate in an
increase in government revenues as a percentage of Gross
Domestic Product from 15.1 per cent in 2015 to 16.9 per cent in
The report said
economic forecast by the IMF and other institutions also painted
a positive picture.
The IMF is
forecasting real GDP growth will average 6.7 per cent between
2016 and 2021 after growing at an average of 7 per cent in the
last two decades.
The report said the
IMF expected Tanzania’s GDP to increase from an estimated 46.7
billion U.S. dollars in 2016 to 70.7 billion U.S. dollars by
inflation is expected to remain stable at 5.0 per cent
throughout the forecast period,” added the report.
Low yields feared as stalk
borers hit northwestern Tanzania
ARUSHA, Tanzania (Xinhua) --
Farmers in northwestern Tanzania are in fear that
there will be low maize and sorghum harvest this year following
a fresh invasion of maize stalk borers, which have so far
destroyed more than 200 hectares of farms.
Local leaders said Wednesday that the highly affected farmers
are those located in Busega District in Simiyu Region and Tarime
district in Mara Region.
Juma Chacha, Busega District’s Agriculture, Irrigation and
Cooperative Officer, confirmed the invasion into maize and
sorghum farms, describing the pests as the most dangerous for
maize and sorghum.
"We have dispatched experts to the affected areas where they
have started educating farmers on how to kill them," the
He said the pests had caused a serious damage to the maize
plants in Busega district, where 111 hectares of farms have been
Dalai Kaloya, a 58-year-old farmer, claimed to have used all
types of insecticides but the pests still spread to all the
farms in the village.
"Our fear is that if nothing happened, these pests will
completely destroy our crops ... putting us into serious
hunger," he said, imploring the government to assist them with
proper insecticides so that they can kill the pests and replant
the farms before the rains end.
Julius Nestory, chairman of Sanga village, said the
government should take immediate measures to control the worms
since they pose hunger threat to the people of Busega district.
Isack Lugembe, Ngasamo Ward Councilor, said some farmers
tried to fight stalk borers by spraying traditionally made
insecticides, hence the need to educate and provide them with
Former Tanzanian president
Kikwete forms health, education foundation
DAR ES SALAAM
Tanzania (Xinhua) -- Former Tanzanian President Jakaya Kikwete
on Monday inaugurated his foundation aimed at serving his fellow
countrymen in health care, education and governance.
Kikwete said he will
use the foundation, named the Jakaya Mrisho Kikwete Foundation (JMKF),
as a vehicle for continuing to serve Tanzanians.
foundation in the east African nation’s commercial capital Dar
es Salaam, Kikwete said: “My foundation will focus on four areas
of health care, education, youth and governance.”
Kikwete, who ruled
Tanzania for 10 years from 2005, said his foundation will
closely work with the government and other stakeholders in
addressing challenges facing ordinary Tanzanians. He retired
from the presidency in 2015.
Born on October 7,
1950, President Kikwete is a graduate of economics from the
University of Dar es Salaam. At the university, he was a student
leader and active participant in African liberation politics and
sharpened his leadership skills in the military, where he rose
to the rank of Lieutenant-Colonel before retiring from the army
in 1992 to concentrate on politics.
Tanzania’s ruling party
approves constitution amendments to make it more vibrant
DAR ES SALAAM Tanzania (Xinhua) --
Tanzania’s ruling party Chama Cha
Mapinduzi (CCM) on Sunday approved the party’s 16th
constitution amendments which ushered in major changes on the
party structure and systems.
amendments were approved by over 4,000 CCM delegates attending
the party’s congress chaired by President John Magufuli in the
political capital Dodoma.
congress, President Magufuli said the changes were aimed at
improving efficiency of the ruling party so as to enable it face
the opposition which was now growing.
“The changes stems
from long time CCM culture of self assessment. From the
assessment we made after the General Election, we realized the
need for introducing these changes,” said Magufuli.
He said the changes
also target improving the structure and operating systems within
the party with the aim of, among other things, reducing
said the CCM evaluation established a number of shortcomings
including establishment of leadership cadres within the party
that were not in the constitution.
unfortunately, in some cases, these new leadership cadres
wielded so much power and started to create confrontations
within the party.
Magufuli said the
changes were also aimed at bringing people closer to the party,
adding that CCM was formed as the party for the oppressed but
along the way some people with money hijacked it.
“We should return to
our roots and basics. This party is for poor and the oppressed,”
In its extraordinary
meeting, the CCM congress also approved proposals by the party’s
national chairman, President Magufuli, to fill three vacant
posts of members of CCM secretariat.
In the new
appointments, Abdallah Juma Abdallah was named the party’s
deputy secretary general for Zanzibar, Pereira Ame Silima was
named new secretary for Organization and Frank George became the
new secretary for Finance.