Tanzania begins to harmonize roles of regulatory authorities – News



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Dar es Salaam The government has begun to harmonize the roles of regulators in an effort to create a friendly environment for investors, learned The Citizen

what was revealed yesterday during the year. an interview of the meeting organized by the Tanzanian Food and Drug Authority. Tanzanian Private Sector Foundation (TPSF) discusses challenges to food processing sub-sector

Tanzanian Bureau of Standards (TBS) Director General Yusuf Ngenya said his authority already signed a protocol agreement with TFDA to harmonize some of their roles. He also indicated that plans were underway for them to sign another memorandum of understanding with the Office of the Chief Chemist of the Government.

"Talks are in progress. The only task left for us is to formalize initiatives by documenting them, "said Dr. Ngenya. He also stated that they organized regular meetings with other regulatory bodies to discuss how they could harmonize their roles.

"Previously, there was no good communication between one regulator and another. This has caused a lot of problems for investors, "said Dr. Ngenya

Acting Director General of the TFDA, Agnes Kijo, said the lack of harmonization was due to weaknesses in the country's laws.

It is not that one body is encroaching on the roles of the other authorities, "she said .Beginning her hopes on the plan, a document that was meant to improving the business environment and attracting investors, she is optimistic that the challenge will be a thing of the past in the near future.It stated that the heads of government institutions under the chairmanship of the Executive Director of the Center d & rsquo; Tanzanian investment (ICT), Mr. Geoffrey Mwambe, began to discuss, among other things, ways to implement the master plan

.a document that aimed to address the challenges that hinder enterprises in the

The challenges inc but are not limited to the harmonization of the role by regulators, the multiplicity of taxes and unpredictable policies. "We started meeting last Friday under the chairmanship of the executive director of ICT to discuss among other things the implementation of the master plan to address the challenges facing companies"

regulatory bodies to accelerate the process d & # 39; harmonization.

"I am aware that regulatory bodies do not listen to each other – they should stop this if we want to equal the pace of industrialization," noted Mr. Mwijage [19659002] and he called on them to treat investors in a way that would not frighten them

. "This will boost investor confidence and strengthen the competitiveness of local products."

It was taken over by Minister of Health, Community Development, Gender, Seniors and Children, Ummy Mwalimu, who asked regulators not to be obstacles to investment.

She called on investors to invest in the food processing sub-sector, to reduce or rather stop the import of food products that can be produced locally.For the 2017/18 fiscal year, about 505 billion shillings were used for the import of food products, including fruit juice, tomato sauce, cooking oil and sweets.

"To improve business environments, we are flexible. However, we will be strict on quality, "said Ms. Mwalimu at a call from the executive director of TPSF, Mr. Godfrey Simbeye

who urged regulators to be flexible in favor of investors.

Mr Simbeye also reiterated that the private sector call for the establishment of the Industrial Bank, to meet the challenge of capital.

"It is difficult for investors especially start-ups of To access a loan from commercial banks. In fact, an industrial bank is of paramount importance or we will fail to establish new industries and develop the ones that are available, "said Mr. Simbeye.

He also called on TFDA to establish a department of consultation for new investors the sector before entering the market

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