Help TSN diversify,  Nape tells new board

Help TSN diversify, Nape tells new board

MINISTER for Information, Communication and Information Technology Mr Nape Nnauye has challenged the Tanzania Standard Newspapers Lim- ited (TSN) new Board of Directors to employ their expertise to diversify the company’s sources of revenues, guarantee more profit and in turn improve workers’ welfare.

Mr Nape posed the challenge while inaugurating the new board at the company’s headquarters situated at Tazara along Nelson Mandela Expressway in Dar es Salaam, on Tuesday.

Equally, the Minister tasked them to review the company’s business model, which will help them move from the traditional way of executing their operations.

“Since the company is in the final stages of acquiring a new printing plant, it’s my hope that the board will come up with a new business model to support the operations of TSN,” said Mr Nape.

He noted that the company was capable of exploring new avenues of generating profit and tapping the existing market opportunity available within the East African Community (EAC) and the Southern African Development Community (SADC), with a combined population of over 500 million people.

Elaborating, Mr Nape outlined such avenues as including printing of publications, consultancies and business forums, citing the Democratic Republic of Congo (DRC) admission into the EAC as a potential market for consideration.

Much as the newspaper business was facing a downfall globally, he was of the view that the challenges should be turned into lucrative business opportunities and bring desired outputs to the company and beyond. Cognizant of the challenges facing TSN,

Mr Nape tasked the board to promote further interactions with the employees, in supporting the government to improve the welfare of the workers.

“It’s my hope that the board will assume the role of patronage to the workers by listening and supporting them...such a move will place the board at a better position as well as enhance productivity of the company,” he noted.

As for the debts issue, the minister urged the company to be realistic and devise workable systems, which will help to clear them including exchange of services and doing away with bad debts.

He added that “President Samia Suluhu Hassan is confident in you and highly trusts your expertise in transforming the company...your appointment is a confirmation of the trust the government has on you.”

Mr Nape extended recognition to the ministry’s Permanent Secretary Dr Jim Yonazi for assuming the role of the board for some time when the company lacked one. Dr Yonazi once served as TSN’s Managing Editor.

For his part, the Chairman of the seven-member board, Mr Hab Mkwizu, thanked the president for entrusting them with running the affairs of TSN.

“We pledge to work diligently, effectively and use our expertise and network to ensure the institution operates efficiently in yielding enough productivity in accordance with the laws of the land,” said Mr Mkwizu.

Earlier on, the TSN Acting Managing Editor (ME), Ms Tuma Abdallah, revealed various achievements and challenges facing the company including devising other business streams to support the firm operations, apart from its core business of disseminating information and selling advertising space.

“The company is in the final stages of completing the procurement process of a new printing plant, which will bring a major relief to the and act as a source of obtaining more revenues,” said Ms Abdallah.

She cited several challenges facing the institution including the issue of rising debts and increased costs of production and printing materials.

Based on the reforms being undertaken by the company, the Acting ME pledged more creativity to position the company at a much better position.

The new board will be in charge for next three years starting February 2, this year. Other members of the board are Mr Titus Kaguo (Public Relations and Communication Manager at the Energy and Water Utilities Regulatory Authority (EWURA)).

The list also included Mr Erasmus Masumbuko (Deputy Director for Planning and Budget at the High Court of Tanzania) and Ms Teddy Njau (Director for Administration and Human Resources at the Ministry of Information, Communication and Information Technology). Others are Mr Habibu Suluo (Director for Finance and Human Resources at the Tanzania Shipping Agencies Corporation (TASAC), Dr Julius Lugaziya (a lecturer at Kampala International University (KIU) and Mr Andrew Gewe (a manager at a construction and consultancy company called Africa Consulting Limited.

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