US official implores TZ to tackle corruption

Tanzania Private Sector Foundation (TPSF), Chairman Dr. Reginald Mengi (2nd R) talks to Alabama State delegation (US) led by the State’s Secretary of Commerce, Greg Canfield (2nd R) at a consultative meeting in Dar es Salaam Tuesday.

Tanzania Private Sector Foundation (TPSF), Chairman Dr. Reginald Mengi (2nd Left side) talks to Alabama State delegation (US) led by the State’s Secretary of Commerce, Greg Canfield (2nd Right side) at a consultative meeting in Dar es Salaam Tuesday.

Tanzania’s level of corruption and bureaucracy is affecting flow of American private investments into the East African nation, Greg Canfield, Commerce Secretary, in the American State of Alabama said Tuesday in Dar es Salaam.
Canfield who arrived in Dar es Salaam from South Africa to explore investment and business potentials told a team of Tanzania Private Sector Foundation (TPSF) “Tanzania government has to move vigorously to address corruption and bureaucracy to attract many investments.”

The official said the US private sector and especially from his home state of Alabama is moving at slow pace to invest in the country “just because we weren’t well informed about the potential … now we’re here and we hope to partner in trade and investments.”

Mr. Canfield He went on to urge the government and private sector to work hand in hand to boost small business enterprises saying the sector is playing a vital role in Alabama. “And this includes creating more jobs,” he noted.

TPSF Chairman Reginald Mengi stressed the government has relentlessly been pursuing investments and will keep up momentum seeking joint partnerships with the private sector in areas like natural resources and agriculture.

“We need people with money and technology and we will offer land and resources … this is the only way there would be a win-win situation between foreign and local investors,” he said.

TPSF Executive Director Godfrey Simbeye says the government has prioritized bureaucratic and governance reforms to create a conducive business climate.

He told the visiting secretary, the proposed new constitution and the Big Result Now initiative under the President Delivery Bureau has particularly zeroed in on addressing bureaucracy and corruption in an effort to attract foreign capital.

Although compared to other East African nations Tanzania ranks low on corruption, the vice is still a concern to investors.