
Editorial Cartoon.
Dar es Salaam which is the largest city in Tanzania and the country’s trading hub has a population of five million people.
This is just one of the facts revealed in a new African Development
Bank (AfDB) report, titled Tracking Africa’s Progress in Figures.
The report describes urbanisation as “a pan-African phenomenon”. It
is estimated that between 1960 and 2011, Africa’s urban population rose
from 19 per cent to 39 per cent. By 2040 it is expected that 50 per
cent of Africans will live in urban areas.
In the same vein, Dar es Salaam is listed as the African city that
will experience the most growth between 2010 and 2025, followed by
Nairobi (Kenya), Kinshasa (DRC), Luanda (Angola) and Addis Ababa
(Ethiopia).
PriceWaterhouseCoopers (PwC), a world leading blue chip, says
Tanzania’s commercial capital of Dar es Salaam and Cameroonian capital
city of Douala are key African regional platform centres for
communication, while Ghana’s Accra and Nigeria’s Lagos leaders in
culture, and Nairobi is the continental hub for financial services.
Indeed this is big news to all those who have our country at heart.
The high rise building in Dar es Salaam add to the country’s
splenduor.
Bank of Tanzania (BoT) twins' towers building is a tall story depicting the beauty of Dar es Salaam.
The PwC new report ‘Into Africa – the Continent’s Cities of
Opportunity’ highlights the potential for the continent’ launched at the
African CEO Forum in Geneva 2015 recently, saying Dar es Salaam is also
the continent’s leading city in terms of GDP growth, while Kenya’s
capital, Nairobi outsmarts all African cities in FDI attraction.
The report also says that outside the top five cities, Rwanda’s
Kigali finishes at the very top for both ease of doing business and
health spending, while the Ivorian capital; of Abidjan ranks number one
in both middle-class growth and diversity.
In another development, the Global Economic Prospects (GEP) report
released recently by the World Bank has showed that economies in
developing countries including Tanzania is expected to grow by 4.8 per
cent this year and edge up to 5.4 per cent in between 2016/17.
All said Tanzania should now strive for economic recovery and a
key focus area must be a transformation of the manufacturing sector.
Innumerable and diverse measures and actions are a prerequisite for any
substantive economic recovery, policies in respect of the agricultural,
mining, commercial, tourism, financial and services sectors.
However, one of the key areas that require major positive actions and reforms is the manufacturing sector.
Tanzania's manufacturing sector was, and can once again be, a major
contributor to the economic wellbeing of the nation. At one time,
Tanzania had the second largest and developed industrial infrastructure
in all of Southern Africa states.
It was Tanzania's second largest employer of labour after
agriculture which generated considerable foreign exchange through
substantial exports to all countries in the region and further afield,
had a major beneficial impact upon the downstream economy, and was a
significant contributor to the fiscus.
Tragically, that is no longer the case. The sector has contracted
markedly, with great reductions in numbers employed, and massive
decreases in volumes of production. Many in the industry have wholly
discontinued operations, and most of those still in operation have no
alternative but to downsize to a major extent in a desperate struggle to
survive.
Radical, dynamic and innovative actions are necessary if the
manufacturing sector is to be set on a path to recovery and growth.
To some extent, those actions must be pursued by the sector itself,
aided therein by other economic sectors, but the overriding need is for
government to pursue, urgently and vigorously, measures that are
facilitative of that recovery.
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