600 participants lined-up for UDSM investment forum

OVER 600 participants are expected to attend the 3rd Banking, Finance and Investment Forum organised by the University of Dar es Salaam through Business School Department of Finance (UDBS) in Dar es Salaam today.

UDBS Head of Finance Department, Dr Tobias Swai told reporters in Dar es Salaam on Wednesday that the forum among other issues would promote and accelerate understanding of banking, finance and investment in Tanzania and beyond other productive sectors of economy.

“It is an undisputable fact that Tanzania and Africa as a whole is quite rich in the availability of local resources and relatively low labour costs. However, there is no much investment which has been recorded in the past decades,” Dr Swai said.

Dr Swai said areas to be covered during the forum include  Youth and Employability, Getting Ready for the Banking Job Market, Health Break and Networking event, Perspectives of Digital Banking, DSE Scholarship Investment Challenge, Youth and Investment, Youth and Professional Development, Insurance Sector (Market Report 2019-2021 Opportunities) and Mortgage Finance (Opportunities, Issues and Prospects).

“Exhibition and Public Forum will attract professionals and experienced experts in banking, finance and investments. The participants will be from academia, private sector, business associations, development participants, government, regional bodies and non-governmental organisations (NGOs),” he stressed.

Dr Swai said preparations for the forum was on top gear noting that UDBS through its finance department was committed to transform banking, finance and investment sectors so as they could contribute significantly in all sectors of economy.

“We are going to have as more forums as possible for the year 2023 in February, May, August and November,” said Dr Swai, calling on Development Partners, Private Sector, Business Associations, NGOs and Individual sponsors  to support the forums which are of paramount importance  for different sectors of economy.

According to Dr Swai the forum was designed to bring finance into practice and that the first and second similar platforms were useful and instrumental for players in banking, finance and investment sectors.

“We are optimistic that the forum will have more impacts on the said sectors. UDSM through its UDBS is well prepared to support the sectors growth and development,” Dr Swai explained.