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Tanzanian business delegation to boost trade

2022-06-30  Staff Reporter

Tanzanian business delegation to boost trade
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The trade ministry, as part of its continuous efforts to promote trade, investment opportunities and market the country, will host a Tanzanian business delegation from 2 to 9 July 2022 in Windhoek. 

The business seminar will be held under the patronage of Namibia’s High Commissioner to the United Republic of Tanzania, Lebbius Tangeni Tobia. 

The Tanzanian business delegation consists of four executives involved in diverse business activities such as real estate, construction, mining, pharmaceutical industries, meat processing, wine making (from grape fruit) and sugar production.

 The forum seeks to promote various projects, namely energy, finance, infrastructure, logistics, manufacturing, tourism and housing. 

The delegation will have an opportunity to meet specific entities as well as private sector enterprises. 

According to trade ministry spokesperson Elijah Mukubonda, notable site visits across the country have been arranged, and those interested to meet the visiting team are encouraged to contact the ministry prior to the stipulated dates to allow necessary arrangements. 

Namibia’s trade with Tanzania includes wine made from fresh grapes, whiskies, liqueurs and cordials. 

Mukubonda added that bilateral trade between the two countries continues to surge upwards, notably so from 2020 to date, expanding great export potential for beer, made from malt; frozen mackerel and unwrought zinc.  “With the ministry’s investment and trade culture, we are hopeful that such a platform will leverage off from the existing good political-diplomatic relations that exists and translate into tangible economic gains. We also anticipate to cooperate and develop synergy in an approach to industrialisation to add value to raw material and share in both the upstream and downstream of the value chains that have been created,” Mukubonda stated. 

He added Namibia’s ambition is to broaden the scope of bilateral cooperation with Tanzania by attending to all the areas over which the trade ministry has mandate.

2022-06-30  Staff Reporter

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