Private Sector to Drive 70% of Tanzania's Long-Term Development Agenda

TLDR

• The renewed Memorandum of Understanding (MoU) seeks to position the capital market as a key financing channel for businesses at a time when the government is implementing Vision 2050, which places the private sector at.
• Under the strategy, the private sector is expected to drive about 70 per cent of the country’s long-term development agenda, making access to sustainable and affordable financing increasingly important for businesses.
• DAR ES SALAAM: THE private sector is set to gain wider access to long-term financing after the Dar es Salaam Stock Exchange (DSE) and Tanzania Private Sector Foundation (TPSF) renewed a partnership to boost capital.
• We are fundamentally dedicated to serving the private sector.
• He said the stock exchange complements TPSF’s advocacy role by providing companies with access to longterm capital while creating investment opportunities for individuals and institutional investors.