Forbes
Over the past several months, Tanzania, the 5th fastest growing economy in Africa, has garnered regional and global acclaim with the arrival of the new government headed by President John Pombe Magufuli. Since assuming office in November last year, President Magufuli has implemented sweeping reforms across various public institutions with a new vision and political ethos emphasizing anti-corruption, efficient use of public funds and a renewed commitment to rapid large-scale industrialization. Last week in Dar es Salaam, President Magufuli hosted the President’s Manufacturer of the Year Awards (PMAYA) – an annual event designed to honor the most outstanding manufacturers in the country. At the event, the president assured guests that his government is rallying behind the manufacturing sector to ensure that the sector contributes over 15 percent of Tanzania’s GDP and accounts for 40 percent of all new jobs by 2020. ...
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