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This initiative seeks to tackle the challenges faced by its members—predominantly businesspeople—and to bolster their involvement in shaping national economic policies.
The Tanzania Private Sector Foundation (TPSF) has reaffirmed its commitment to inclusivity, prioritizing technology, youth, and women within its development agenda. This initiative seeks to tackle the challenges faced by its members—predominantly businesspeople—and to bolster their involvement in shaping national economic policies.
The commitment was underscored during a meeting held in Dar es Salaam on 20th November 2024, where proposed amendments to TPSF’s constitution were discussed. These amendments form part of a broader reform strategy aimed at modernizing the organization and strengthening its representation across Tanzania’s diverse economic sectors.
Speaking to the press, TPSF’s Executive Director, Mr Raphael Maganga, highlighted the centrality of inclusivity in the reforms. He said that TPSF is increasing the number of sector clusters from 14 to 25, ensuring all economic sectors have a voice in major national decisions,” said Maganga.
He observed that the previous structure had left many members inadequately represented. By expanding sector clusters, TPSF aims to provide members with a more direct platform to present their challenges and proposals to the government.
Gaston Kikuwi, Chairperson of the Small and Medium Enterprises (SME) and Small Business Associations of Tanzania (Vibindo), emphasized the importance of integrating smaller businesses into TPSF’s framework.
He stressed the significant role of small businesses, which comprise 96 per cent of industries and 66 per cent of employment in Tanzania.
As part of its reforms, TPSF is contemplating a name change to reflect its evolution from being perceived as an aid-based organization to a federation representing a diverse range of sectors.
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Mustafa Hassanali, Chairperson of the Tanzania Designers Association, voiced his support for the proposed changes, particularly the creation of a dedicated platform for designers.
