11/30/08


 
Tanzanian businessmen encouraged to invest in DRC
FAUSTINE KAPAMA
Daily News; Saturday,November 29, 2008 @21:15


The Tanzania business mission to the Democratic Republic of Congo has encouraged both small and medium entrepreneurs and other large scale business persons to invest and market their products in Kinshasa and Lubumbashi, where there are several business opportunities.

Head of the delegation, which visited the two cities between November 24 and 28, this year, Aloyce Kimaro, a Member of Parliament for Vunjo Constituency, said yesterday that they managed to identify areas fit for Tanzanians to conduct their business in for more income.

"Lubumbashi is a big city like Mwanza or Arusha. It is a mineral rich and best business city. Its people need maize, rice, beans and even onions, potatoes and any other kinds of food at any cost. They also need construction materials," he said. Mr Kimaro, who is also the Managing Director of Nakara Exporters, the authorized sole importers and distributor of Bavaria, beer and beverages from Holland, further said the city of Kinshansa also needs the items.

"This is our time. We should not waste time anymore. I call upon all small and medium entrepreneurs to use this opportunity. They should not be afraid of war. The two cities are safe. They will be able to conduct their business peacefully," the MP said. He thanked the Board of External Trade (BET) for organizing successfully their mission.

He, however, advised the government to put more emphasis on improving the operations of the Dar es Salaam Port and railways services. Mr Kimaro said Lubumbashi depended on the Dar es Salaam port by almost 95 per cent. However, the cargos consigned for the city were being delayed for about four months, a situation he described as unfriendly in their business.

Speaking at the occasion, the BET Director General, Mr Ramadhan Khalfani said his board would create a conducive environment to ensure businesses were conducted peacefully within the region. He promised to organize, for small and medium entrepreneurs, a trade fair in Lubumbashi that would enable them market and expose their products.

The second joint permanent commission meeting between Tanzania and DRC was held between January 21 and 25, 2002 when the two sides agreed on a number of areas of cooperation, including commercial cooperation. In efforts to strengthen business relations between the two countries, the BET conducted a market survey in DRC in August 2008 based on two main standpoints in DRC's western part surrounding the capital city of Kinshasa and the eastern part covering Lubumbashi.

Apart from Mr Kimaro, other members of the mission were Mr Issac Ntale, who is Managing Director of Palemon Construction and his director, Mr Jackson Matabi and Mr B.R. Mtui, the Managing Director of Professional Freight Forwarders Company Limited. The rest were Mr Beno Mushi, a director of Fast Logistics Limited, Mr Maro Callyst, a director with Zaoma Limited, Mr John Kessy, the Managing Director of Darworth Limited and Mr Rogassian Msami, Financial Manager of Kofreight Limited.





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