120 Job Reductions at Ilemela Fish Processing Factory Due to Fish Shortage
Latest Tanzania business news · 120 Job Reductions at Ilemela Fish Processing Factory D… explained · updated Aug 13, 2026 · business news · companies · investment
TLDR
- A government budget statement presented to Parliament in May 2025 reported that 4,631 Tanzanians were employed in 64 fish-processing factories, while 56 of those factories exported fisheries products.
- The Ministry of Livestock and Fisheries says total fisheries production reached 659,242.69 tonnes by April 2026, an increase of 10.02 percent from 599,200.33 tonnes during the comparable period of 2024/25.
- By April 2026, it had produced 354,887.43 tonnes, accounting for 74.3 percent of natural-water fish production.
- The 2024 Economic Survey recorded 25 large-scale fish-processing industries and 32 small-scale industries by December 2024, compared with 21 large-scale and 29 small-scale industries in 2023.
- The Minister for Livestock and Fisheries Development, Dk Bashiru Ally told the National Assembly recently that fisheries contributed 1.6 percent of Tanzania’s GDP in 2024 and grew by 2.3 percent.