TIC conducts training for SMEs

The TIC Northern Zone Manager, Mr Clement William, said this at the opening of a six-day training seminar to small and medium entrepreneurs on Tuesday in Moshi, Kilimanjaro Region.The training seminar under the TIC's Business Linkages Programme seeks to elevate small and medium enterprises (SMEs) in Tanzania.

"A strong cadre of entrepreneurs is very crucial in building any country's economy," Mr Clement said.He said that the Business Linkages Programme is designed to create an environment conducive to sustainable business linkages between local SMEs and large foreign or domestic companies.

It is an initiative which aims to promote creation of durable and mutually beneficial partnerships between (affiliates of) trans-national corporations (TNCs) and large local companies on the one hand and SMEs on the other.He said experience has shown that countries which facilitate the development of sustainable TNC-SME linkages can upgrade their local production capacities and enhance their industrial performance by integrating their enterprise into global supply chains of large foreign firms.

According to experts, most of Tanzania's SMEs are generally unable to meet business standards required to deal with TNCs on production issues such as price, quality and consistency in volumes.Mr Clement said it was the first time for such training to take place in the Zone and assured participants that was the beginning of many more in the future.

The Acting Kilimanjaro Region Administrative Secretary, Ms Ruth Malisa, hailed TIC for conducting such a seminar in Moshi, saying that will help to build the SMEs' capacity for their development and country's progress."Such kinds of training are very important in today's competitive globalised world," she said.

ZANZIBAR current account balance deficit has almost doubled ...

Author: a Correspondent in Moshi

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