Government issues eight directives to boost minority interest firms

Tanzania issues eight directives in efforts to attain the 1 tri US dollars target

ARUSHA: THE Tanzanian government has issued eight strategic directives aimed at improving the performance of companies in which it holds minority shares, as part of efforts to achieve a high middle-income economy under the National Development Vision 2050. The plan seeks to grow Tanzania’s economy from the current 85bn US dollars to 1tri US dollars by 2050, a goal that requires high efficiency in public investment, especially in these companies.…

Government issues eight directives to boost minority interest firms

The government has issued eight directives aimed at strengthening the performance of companies in which it holds minority stakes, as part of efforts to accelerate Tanzania’s transition to...