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Tanzanian National Business Council Tagged Articles



8.1 Recommended actions – promotion: Support for Growth-oriented Women Entrepreneurs in Tanzania, 2005
Launch Women entrepreneurs in Tanzania: A woman’s golden hands

Other Tanzanian National Business Council Related Articles

Wanted: jobs for Africa’s youth - Job Plans
However, most countries have not yet incorporated job creation plans into their national development frameworks. The national strategies include anti-poverty programmes, commonly based on Poverty Reduction Strategy Papers (PRSPs). These are documents developed with assistance from the World Bank and the International Monetary Fund (IMF) to set national priorities, direct spending of debt-relief funds and coordinate donor programmes.

5.1 The SME Development Policy (SMEDP): Support for Growth-oriented Women Entrepreneurs in Tanzania, 2005
It should be noted that the latest round of SME development policies are very recent. The MIT released its national SME Development Policy in 2003, a process it has been working on since 1998. The SME Development Policy was approved by Parliament on 11 February 2003 and officially launched on 27 August 2003. The overall objective of the policy is “to foster job creation and income generation through promoting the creation of new SMEs and improving the performance and competitiveness of the existing ones to increase their participation and contribution to the Tanzanian economy” (MIT, 2003). The implementation plan for the SME Development Policy includes a list of priority programmes and projects,24 categorized under seven major objectives:
6.0 The integrated framework for development of women entrepreneurs: Support for Growth-oriented Women Entrepreneurs in Tanzania, 2005
In the following sections, an assessment will be made of the Tanzanian support environment in favour of growth-oriented women entrepreneurs according to each of the areas set out in the Stevenson and St-Onge (2003) integrated framework.
12.0 Business premises: Support for Growth-oriented Women Entrepreneurs in Tanzania, 2005
Tanzanian MSMEs face serious problems being able to access proper business premises. A large proportion of informal economy enterprises operate along the roadside.
The National Microfinance Bank of Tanzania helps Bail out the Tanzania Electric Supply Company (Tanesco) with a USD 56million Loan
The National Microfinance Bank of Tanzania has joined a syndicate of local banks and pension funds to lend USD 238million to Tanesco, the parastatal electricity company, wholly owned by the Tanzanian government, money which will be used to pay off debts to suppliers and invest in new equipment. The National Microfinance Bank was founded in 1997, and is the third most profitable bank in Tanzania, holding USD 430million in deposits and assets. The loan to Tanesco supports NMB’s business interests, as well as those of its customers, as it organises collection services for the electricity firm via its network. Currently the Tanzanian government owns 51% of the bank, having sold off the remainder of its stake in 2005. The loan syndicate involved in the bail out includes five banks and four pension funds all from Tanzania.
Micro-finance Policy and Development Framework: Malawi
In Malawi poverty is more persistent in the rural areas at about 65.3% of the population. The recent poverty profile (National Economic Council, 2000) suggests that these poor are characterised by malnutrition, lack of income earning opportunities, and unfavourable production environment. Female-headed households, which are estimated to be about 35% nationally, are consistently poorer than male-headed households, and are mainly engaged in subsistence farming and petty trading activities.
Tanzania on a mission to wipe out Kenya’s flamingoes
Kenya’s multi-billion shillings tourism industry faces major test as Tanzanian authorities plan a soda ash project that could eliminate the flamingos in the region.
Forming a Franchise Advisory Council
An advisory council, comprised of franchisees, can help the franchisor understand the franchisees' needs, while providing accurate feedback on programs, suppliers, advertising, and other elements of the franchise program. A franchisee advisory council can also be a way to show appreciation to franchisees who are supportive and successful.
MomPreneurs: Resources Available for Women-Owned Businesses
The National Women's Business Council, which advises the Small Business Administration, estimates that in 2008 there were 7.2 million majority-owned, privately-held, women-owned businesses in the United States, employing 7.3 million people and generating $1.1 trillion in sales. Here are some organizations and resources that help women-owned businesses succeed.
How to maximize store sales during the holiday season
The big question everyone is asking these days is if retailers are ready for the upcoming holiday season. There have been numerous predictions and discussions on how malls and retailers are going to fare. An article in the Wall Street Journal last Tuesday mentioned that forecasters expect a better season for U.S retailers this year, but prices will be more discounted to get consumers into the stores. Another article mentioned that the National Retail Federation expects holiday sales to rise 2.3% from last year. And The International Council of Shopping Centers predicts holiday sales to increase anywhere from 3% to 3.5%. The Corporate News Headline in the WSJ on Thursday was, “Malls begin the healing process, vacancy rate improved for the first times since 2006.” So, things seem to be looking up – BUT, are they?

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