Dar es Salaam: The Tanzania Chamber of Commerce, Industry and Agriculture (TCCIA) has entered into business partnership with the African National Congress (ANC) party-economic wing of South Africa aimed at strengthening ties between the two parties. The partnership would open ways for the two sides to benefit from the unfolding investment potentials, while developing new ways of doing business in the region.
Giving remarks at the ANC progressive business forum trade delegation to Tanzania in Dar es Salaam yesterday, TCCIA president Aloys Mwamanga said the move was very important to integrate the two nations into doing and share business experiences.
“This significant business milestone started last year when a two people delegation from the ANC visited us at TCCIA and we discussed a joint mission of business partnership,” said Mr Mwamanga.
The finalisation of the partnership agreements between the two parties would be significant to the private equity investment in Tanzania. He said the agreements would include creating links between Tanzanian firms and their SA counterparts for mutual benefits, especially creation of jobs and economic growth.
“Tanzania has a lot of investment opportunities in mining, industries, transport and others, these are waiting for investors to put in their capital and bring them into actualization,” said Mr Mwamanga.