LAUNCHING OF TANZANIA LOCAL ENTERPRISES AND LINKAGES DEVELOPMENT- EXTRACTIVE INDUSTRIES
A project to empower Tanzania Small Business have been launched at SIDO Head Office by Permanent Secretary of the Ministry of Industry and Trade, Mr. Mussa Uledi, on behalf of the Minister of Industry and Trade Hon. Dr. Abdallah Kigoda (MP). The project is funded by Australia Government to support Small and Medium Enterprises (SMEs) to secure sub-contracts with major resource companies and their suppliers. It is the part of wider SME development programs. The project is expected to operate for 18months starting from April 2015 to October 2016 and it will work closely with key local partners which are Small Industries Development Organization (SIDO) at national and regional level, along with the Tanzania Chamber of Commerce, Industries and Agriculture (TCCIA) and Tanzania Women Chamber of Commerce (TWCC). To start with, the focus will be in three regions which are Mwanza, Mbeya and Katavi due to the availability of natural resources i.e minerals.
The main project activities will include baseline assessment of existing SMEs capacity; identification of market opportunities for local SMEs (based on procurement plan of the companies) and establishment of approved suppliers framework.
Capacity building will be provided through Australian Volunteer experts, who will be mobilized by Australian Volunteers International (AVI), to work alongside identified local SMEs and strengthen their capacity to achieve ‘approved supplier status’ with extractives sector partners. These experts will also support SIDO to improve the quality of business services that they are currently offering
Upon completion of the project, the expectation is to have at least 30 SME graduates in providing goods and services to extractive industries; 500 new job opportunities identified within SMEs and 50% satisfaction from companies where goods and services are provided.
The project also involves close collaboration and engagement with major extractive industry companies, including Anglo Gold Ashanti, Beach Energy and Shanta Gold.