TIC: Clarification on the Allegations by The Ecomomist about Pres. Magufuli and Tanzania

[Informer]

CLARIFICATION ON THE ALLEGATIONS BY THE ECONOMIST- ENGLISH LANGUAGE WEEKLY NEWSPAPER ABOUT OUR GOVERNMENT​

On 28th May 2016, The Economist – English Language Weekly Newspaper published an article with heading “Government by gesture – A president who looks good but governs impulsively”. The article, inter alia misinformed the public and readers that since Dr. John PombeMagufuli came into powers last year “the country has become totally uninvestable”.

The Tanzania Investment Centre (TIC) would like to point out that the information portrayed by the newspaper is inaccurate, misleading and distortion of facts.

TIC wishes to inform the public and readers of the following facts:-

1. Since President John Magufuli came into power (from December 2015 to May 2016) TIC has registered 551 investment projects worth $ 9,211.88 million. Of all these projects 229 are owned by Tanzanians, 215 projects are owned by foreigners while 107 projects are owned through joint ventures.The projects are expected to employ 55,970people and bring multiplier effects to Tanzanians

The above registered projects by TIC for the past six months (December 2015 – May 2016) shows an increase of 20.31% compared to six months before President Magufuli came to power i.e. June-November 2015 where TIC registered 458 investment projects worth $ 5,727.29 million. Of all these projects 201 are owned by Tanzanians, 159 projects are owned by foreigners while 98 projects are owned through joint ventures. The projects are expected to employ 39,361 people and bring multiplier effects to Tanzanians .

Generally, investments have increased during President Magufuli’s era which shows high investor confidence towards his Government. Attractive laws, peace, stability good and friendly policy as well asconducive investment environment are other major factors that have attracted both FDI and domestic investment during this period in Tanzania.

2. The World Investment Report 2015 indicates that FDI rose by 14.5% in the United Republic of Tanzania. The Report noted that Tanzania, in 2014, regained its FDI inflows compared to the previous three years. In fact, its FDI inflows represented its highest level in 2014 given that it attracted slightly $ 2,142 million compared to $ 2,131 million recorded in 2013. This amount is significantly higher than the very low level of $ 640 million between 2005-2007 (pre-crisis). This achievement is due to natural gas reserves discoveries in the United Republic of Tanzania. Indeed, Tanzania remains the leading FDI’s recipient in the East African Community.

3. It is true that, the World Bank Doing Business Report 2016 ranked Tanzania 139 out of 189 countries compared to 145 out of 189 in 2014. TIC wishes to clarify that, Doing Business provides an aggregate ranking on the ease of doing business based on indicator sets that measure and benchmark regulations applying to domestic small to medium-size businesses through their life cycle. Economies are ranked from 1 to 189 by the ease of doing business ranking. Therefore this has nothing to do with the leadership of Dr. John Magufuli.

4. TIC reaffirms the public and readers that Tanzania is still the best place in East Africa to invest due to the fact that the countryis peaceful and stable. Tanzania has a friendly business environment supported by good investment policy and legislation. The Fifth Phase Government under the leadership of President Magufuli continues to take measures to improve investment climate as and when need arises.

Tanzania’s investment environment continues to offer predictable, transparent and strong long-term proposition to investors. Investment is legally protected against expropriation and nationalization.

In terms of investment facilitation, the Tanzania Investment Centre (TIC), Zanzibar Investment Promotion Agency (ZIPA) and Export Processing Zone (EPZA) promote, coordinate and facilitate all investments in Tanzania. These are premier ports of call for investors coming to Tanzania through their well-established one-stop shop facilities.

Tanzania’s geographic location position makes her as a natural regional business hub. Tanzania borders 8 countries, 6 out of which namely Rwanda, Burundi, Uganda, Malawi, Zambia and Eastern part of the Democratic Republic of Congo, uses the Dar es Salaam port and Tanzania’s railways and roads for their sea freight. This presents good opportunities for investment in infrastructure development, trade, transport and logistics.

Therefore the statement that our country has become totally uninvestable has no truth in it and should be completely ignored by the public and readers.

Issued by:

ACTING EXECUTIVE DIRECTOR,
TANZANIA INVESTMENT CENTRE (TIC),
SHAABAN ROBERT STREET,
P.O. Box 938,
DAR ES SALAAM,
TANZANIA
June 03, 2016

 

[Mudawote]

Safi sana. Maana tuliwashambulia sana hata huko kwenye website yao, wakome kuandika vitu vya uongo, na hasa huyo kibaraka wao ZZK.

 

[Mwanamayu]

Safi sana. Maana tuliwashambulia sana hata huko kwenye website yao, wakome kuandika vitu vya uongo, na hasa huyo kibaraka wao ZZK.

Mimi tasoma kwanza hiyo article na kulinganisha na hii taarifa ya TIC then nitakuwa na la kusema au la.

 

[Mudawote]

Mimi tasoma kwanza hiyo article na kulinganisha na hii taarifa ya TIC then nitakuwa na la kusema au la.

Sawa, wewe soma uone jinsi mwandishi wa makala alivyoshirikiana na ZZK. Kikubwa tuungane tusiwe wepesi wa kusaliti nchi yetu kwa vitu vya muda mfupi. USA wenyewe ni nchi ya wakimbizi hivyo wao kufitinisha watu ni kawaida

 

[Ben Saanane]

Rhetoric Hogwash.....!

 

[iparamasa]

TIC waongo wakubwa

 

[chabusalu]

Rhetoric Hogwash.....!

Taarifa nyingine ni kuzidi kujidhalilisha tu. Hivi hawa TIC wanawaona watu wengine ni wajinga kiasi hiki au ni uoga tu wa kutumbuliwa? Hivi uwekezaji ni suala la kukurupuka tu; yaani unaota usiku asubuhi unaenda kuandikisha mradi TIC? Yaani TIC wanataka kutuaminisha au kuiamnisha dunia kuwa miradi hiyo 500 taratibu zake zilianza baada ya JPM kuingia madarakani? Hovyo kabisa!.....

 

[Moral H]

No 2. Irrelevant.

 

[Kishada04]

Ukweli unauma!

 

[bagamoyo]

TIC mbona mnasema 'magazine' la The Economist ni 'newspaper ' ? Maana majibu haya ya TIC inawezekana yasimfikie mlengwa yaani magazine la The Economist na wasomaji wake makini ulimwenguni kote.

TIC tulieni msikurupuke kutoa majibu ndiyo maana msomaji mmoja hapo juu amesema inabidi kwanza asome habari ya magazine hilo kabla ya kutoa maoni, manake magazine hili linatakiwa kujibiwa kwa hoja nzito bila mizuka.

 

[wehoodie]

The Economist provided a fair view of any foreign investor to Tanzania. It is the bitter side which needs to be carefuly looked at....

It is a matter of fact that the 4th government attracted significant level of investments, unfortunately such huge inflows in fdi will decline in the near future if it has yet to.

Whilst there is no doubt that measures taken are necessary for management of public resources and restoration of order, striking a balance is also ideal so that, no false alarm is triggered that Tanzania is unfriendly to foreign investment.

 

[Obuma]

Niliisoma Hata kama ni MZALENDO kwa nchi yangu walichoeleza ni kweli tena kweli tupu. Hawa TIC wanaona kila mtu ni mjinga! Ni kipi walichoeleza ambacho si kweli? Wanakuja na data za mwaka jana wanatuambia ni za mwaka huu, lini ndani ya miezi sita investment ziwe nyingi kiasi hicho, lini wameuondoa ule ukiritimba?

 

[johnmashilatu]

Mara nyingine ni bora kukaa kimya kuliko kutoa majibu ambayo yanashindwa kujibu hoja zilizotolewa. Taarifa ya Tic haina mashiko.

 

[kapongoliso]

Watanznia kwa kuungaunga takwimu ni mafundi sana. The Economist wamefanya utafiti wa miezi sita TIC wanakurupuka kataka kujibishana nao. Tulieni TIC mkajipange vizuri sio mnatuhaibisha kiasi hichi. Jamaa wamepiga makkavukavu tena ya uso hadi kizunguzungu.

 

[Doen Moen]

Wanajaribu kutengeneza image kwa wawekezaji.Waone nibsehemu salama kwa wawekezaji wa nafuta taratibu za nchi.Tatizo sasa watu wanatumia misamaha ya kodi ya miradi hiyo kama mianya ya ya ukwepaji kodi bila kuwa na dhamira za kweli.Hasa hawa wawekezaji ambao wapo chini ya EPZA ni wakwepaji kodi baada ya kuexport bidhaa zao 80% nnje ya nchii na kuuza 20% ndani unakuta wanauza bidhaa hapahapa kwa zaidi ya 50% na kuikosesha serikali kodi ya mapato.Ila Raisi atakomesha haya mambo soon naimani naye.Tumpatie muda jamani yeye si MUNGU anayejua yaliyo sirini,kwakuwa bado amezungukwa na watendaji wasio wazalendo.

 

[ycam]

Mimi bado nawaamini zaidi the Economist. Tufike mahali tuwe wakweli. Mazingira ya uwekezaji Tz bado ni duni. Na sera kama hizi za Magufuli za "bei elekezi", kudhibiti uagizaji sukari kutoka nje ya nchi, zinafanya nchi iwe "uninvestable" japo bado haijawa completely uninvestable. Simply put, from the business standpoint, we are not competitive. We are actually regressing. Kimsingi, The Economist bado wapo sahihi. Hii "clarification" ya TIC ndo ya "kupuuzia"; maana inataka kutuaminisha watu ambao tunajionea yanayotokea kuwa hakuna tatizo; kitu ambacho si kweli.

 

[HEKIMA KWANZA]

TIC waongo wakubwa

Ukweli ni upi?

 

[HEKIMA KWANZA]

Watanznia kwa kuungaunga takwimu ni mafundi sana. The Economist wamefanya utafiti wa miezi sita TIC wanakurupuka kataka kujibishana nao. Tulieni TIC mkajipange vizuri sio mnatuhaibisha kiasi hichi. Jamaa wamepiga makkavukavu tena ya uso hadi kizunguzungu.

Kwa hiyo the economist wanaijua TIC kuliko TIC wanavyojijua?

 

[Ozzanne Issakwisa]

Kwa hiyo the economist wanaijua TIC kuliko TIC wanavyojijua?

TIC ya zamani ilikuwa haijijui, sijui ya sasa.

 

[Mwanyasi]

Safi sana. Maana tuliwashambulia sana hata huko kwenye website yao, wakome kuandika vitu vya uongo, na hasa huyo kibaraka wao ZZK.

Ile article ya kuidis TZ kupitia JPM nina wasiwasi ina influence za Kenya.