Strategise centralised data system for investors, TPSF tipped

[Shania Komba]

Strategise centralised data system for investors, TPSF tipped

Tanzania Standard Newspapers Ltd

3-4 minutes


TANZANIA Private Sector Foundation (TPSF) should source a centralised system and an area of all documents with key information for easy accessibility by investors and the private societies in need of vital data.
The piece of advice was made here over the weekend by TPSF Director of Operations, Mr Valence Mutakyamirwa in a two-day knowledge sharing workshop, saying the package would easily assist investors to find missing data of an organisation(s) while looking for a business partner(s).
He said they have organised the workshop to educate their members on the best way to come up with studies, and reports as well as other relevant documents that could be used to improve the business environment in the country.
The Director of Operations hinted that advocacy and dialogue issues were important in the area to improve business and investment environment in the country for investors to ‘prosper further.’ “We as TPSF, we will keep on striving to have in place the best business avenue for the private sector, by engaging the public sector to make it work for the betterment of both parties,” added Mr Mutakyamirwa.
He further said that as much as the private sector was enjoying improved business environment in the country, there was still a need to address the remaining challenges for a vibrant sector which contributes to the national development.
The Director of Operations further said that it was high time an action was taken by the government and special attention paid in areas, seemingly been sidelined in the business forum to raise business and investment opportunities, and in turn raise revenue collections in the country.
Earlier, TPSF Knowledge Management Officer, Ms Veneranda Sumila said the private sector organisation requires their detailed information and a website for investors to exploit.
She said the website would be highly visited by prospective investors from Europe and USA, even if few private sector organisations would put their full details in it. “We have the online business database and Library, we urge you to have your details there, as it is an avenue where investors can contact you in business insights, although very few are using it effectively,” added Ms Sumila.
She equally, advised them to fully make use of the ‘Best Dialogue’ to access funds for a number of studies and research, whose findings would be used to improve the country’s business environment.
On his side, the Executive Secretary of the Tanzania Chamber of Minerals and Energy, Mr Gerald Mturi emphasized on the importance of a joint platform, where the public and private sector can discuss and come up with amicable solutions on issues, which delay the growth of the industry.
“If we have attracting business environment… take it from me that we will have one of the best private sector, where the government would enjoy increased revenue generation for the national development,” said Mr Mturi.

My thinking
Nadhani kama wameshindwa kufanya website yao kuwa na visitors ambao ni investors, wataweza kwa centralised data system. Nadhani ni vyema wangefanya website yao kua interactive na pia wangewatumia wataalamu wa IT pamoja na marketing kujitangaza, kama nia yao kuwa na best Centralised data system for investors.

 

[Herr muller]

Strategise centralised data system for investors, TPSF tipped

Tanzania Standard Newspapers Ltd

3-4 minutes


TANZANIA Private Sector Foundation (TPSF) should source a centralised system and an area of all documents with key information for easy accessibility by investors and the private societies in need of vital data.
The piece of advice was made here over the weekend by TPSF Director of Operations, Mr Valence Mutakyamirwa in a two-day knowledge sharing workshop, saying the package would easily assist investors to find missing data of an organisation(s) while looking for a business partner(s).
He said they have organised the workshop to educate their members on the best way to come up with studies, and reports as well as other relevant documents that could be used to improve the business environment in the country.
The Director of Operations hinted that advocacy and dialogue issues were important in the area to improve business and investment environment in the country for investors to ‘prosper further.’ “We as TPSF, we will keep on striving to have in place the best business avenue for the private sector, by engaging the public sector to make it work for the betterment of both parties,” added Mr Mutakyamirwa.
He further said that as much as the private sector was enjoying improved business environment in the country, there was still a need to address the remaining challenges for a vibrant sector which contributes to the national development.
The Director of Operations further said that it was high time an action was taken by the government and special attention paid in areas, seemingly been sidelined in the business forum to raise business and investment opportunities, and in turn raise revenue collections in the country.
Earlier, TPSF Knowledge Management Officer, Ms Veneranda Sumila said the private sector organisation requires their detailed information and a website for investors to exploit.
She said the website would be highly visited by prospective investors from Europe and USA, even if few private sector organisations would put their full details in it. “We have the online business database and Library, we urge you to have your details there, as it is an avenue where investors can contact you in business insights, although very few are using it effectively,” added Ms Sumila.
She equally, advised them to fully make use of the ‘Best Dialogue’ to access funds for a number of studies and research, whose findings would be used to improve the country’s business environment.
On his side, the Executive Secretary of the Tanzania Chamber of Minerals and Energy, Mr Gerald Mturi emphasized on the importance of a joint platform, where the public and private sector can discuss and come up with amicable solutions on issues, which delay the growth of the industry.
“If we have attracting business environment… take it from me that we will have one of the best private sector, where the government would enjoy increased revenue generation for the national development,” said Mr Mturi.

My thinking
Nadhani kama wameshindwa kufanya website yao kuwa na visitors ambao ni investors, wataweza kwa centralised data system. Nadhani ni vyema wangefanya website yao kua interactive na pia wangewatumia wataalamu wa IT pamoja na marketing kujitangaza, kama nia yao kuwa na best Centralised data system for investors.

As an investor who would very much like to came and invest i large scale in tanzania,i would like to request this organazation to do something that foreign investors have been complaining abaut as to the reason they SHY FROM INVESTING IN TANZANIA, they ask the gorverment to do away with SDL, service delivery levy and replace it with benefits passed to companies that train their employees with skills and knowledge of work the way south africa do things, example, if my company investments say $25 per year to train my workers for better skills and i have prove for this training, then if my corporate tax is say$150 in that financial year, then the gorverment deductes $25 from my tax and i pay $125, now the reason for that is simple, in tanzania there is a huge shortage of higly skilled workers, unlike your neigbours like kenya which dont even charge SDL, now companies will be more than willing to spend millions of dollars to train their employees, which in turn will make them productive and the country benefits by having qualified workers, hope someone listens to me, and if so you can inbox me i tell you more on this, asante