Yesterday, our Co-managing partner Njile Bwana as well as a board member and a proud member of the Chamber had the privilege of participating in a highly productive Roundtable discussion with Honorable Kitila Mkumbo, the Minister of Investment and Planning, organized by Chamber of Construction and Infrastructure of Tanzania This session successfully brought together various private sector investors and key government representatives, creating an open platform for collaboratively addressing challenges and identifying actionable solutions. Chamber of Construction and Infrastructure of Tanzania has firmly established itself as the critical bridge between the private sector and the government. By facilitating such discussions, the Chamber ensures that private sector concerns are not only heard but directly addressed by decision-makers. This connection is invaluable for identifying challenges quickly and working towards practical solutions that align with both business and national development goals. It is clear that the Chamber’s role is pivotal in strengthening this collaboration, and fostering a business environment that supports growth and innovation. We sincerly thank Honorable Kitila Mkumbo and the government for their proactive approach in addressing the needs of the private sector. Their openness and willingness to engage with stakeholders demonstrate a strong commitment to ensuring that Tanzania remains a business-friendly country, ready to listen and act on the concerns of its private sector. The Chamber’s dedication to bridging the gap between the private sector and the government is commendable, and we look forward to attending future discussions to ensure that our members’ challenges continue to be addressed effectively and in a timely manner. #investment #construction #law
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Real Estate Consultant with 4 Years of Experience, I Help Investors Find the Best Locations for Maximum Value!" Senior Sales Executive at Fanaka Real Estate ltd.
A journey of a thousand miles begins with a single step. We educate, enable and guide on the efficient ways of acquiring genuine and prime land within Nairobi. Land in Syokimau-Katani, Kangundo Road,Eastern bypass and thika road Enquire by clicking https://wa.link/64debx or call 0700006003 #land #investment #investments #investing #fanakarealestate
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A journey of a thousand miles begins with a single step. We educate, enable and guide on the efficient ways of acquiring genuine and prime land within Nairobi. Land in Syokimau-Katani, Kangundo Road,Eastern bypass and thika road Enquire by clicking https://wa.link/64debx or call 0700006003 #land #realestate #fanakarealestate #landinvestment #investment #investing
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Visit to the National Housing Enterprise (NHE) of Namibia by the Delegation of the Gabinete de Coordenacao de Reformas Economicas (GCRE) of the Republic of Mozambique’s Ministry of Economy and Finance and Fundo para o Fomento de Habitacao (FFH), to foster relationships and collaborations in the housing sector as part of infrastructure development goals in both countries, hosted by Business Financial Solutions (Pty) Ltd (www.bfs.com.na). #affordableandqualityhousing #StakeholderEngagements #buildingcommunities
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Investing in land is a key step towards securing your future, but where do you start? Our latest blog covers everything you need to know about buying a plot in Nairobi, Kenya – from identifying the right location to handling legal procedures and securing the title deed. These tips will guide you on your journey to owning your dream property. Read more on how to make a smart and secure land investment in Kenya: https://lnkd.in/dVHVhzHw 0723 97 97 97 https://lnkd.in/d6Cb9WxB
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Minister for Foreign Affairs and East African Cooperation, Tanzania | Member of Parliament
Later today in Nairobi, we will be launching the construction of Twin Towers (22 floors each) buildings, a real estate investment by NSSF and Tanzania’s Ministry of Foreign Affairs in Upper Hill, the center of Nairobi, that will also house our embassy. We are honoured to be joined by Kenya’s Prime Cabinet Secretary and Foreign Minister, H.E Musalia Mudavadi as our Chief Guest, Hon. Peninah Malonza, Cabinet Secretary for EAC, my cabinet colleague, Hon. Deogratius John Ndejembi - Minister in the PMO, Members of Parliament, my colleagues at the Ministry of Foreign Affairs and East African Cooperation and a leadership team from NSSF. The Tanzania Towers, containing residences and offices, and adding beauty to the Nairobi skyline, will not only earn the government much needed foreign currency but will also save government rental expenses for the chancery and embassy staff housing. We are delighted that NSSF management, investment committee and the whole board have found this investment profitable. The government of Tanzania owns about 101 buildings and plots around the world, most of them in prime areas in major capitals (in Lusaka alone, we own 11 buildings and plots). In the new strategy, which the government approved recently, we seek to use professional and world-class real estate entities to develop these assets to earn income for the government and uplift the quality of our embassies and embassy staff housing. At the moment, the government is spending about TZS 29 billion per annum as rental for embassy offices and embassy staff housing. In the new plan, the government will instead earn about TZS 36 billion per year from these investments. The first phase will be Nairobi, Kigali, Kinshasa, London, New York and Lusaka.
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Chairman & CEO | Tamna Africa | Spearheading Projects Administration & Business Development Strategy for Sustainable Growth
In my opinion, being strategically prepared for any financial curveballs that might come your way will not just set your project up for success, but also your entire business. Like the Tanzanian foreign investments now focusing on regional Expansion. “The Tanzania Towers, containing residences and offices, and adding beauty to the Nairobi skyline, will not only earn the government much needed foreign currency but will also save government rental expenses for the chancery and embassy staff housing. We are delighted that NSSF management, investment committee and the whole board have found this investment profitable.” #Creativity #Personaldevelopment #Strategy #Technology #Marketing #Management #Projectmanagement #Safety #Construction #Infrastructure #startups #Sustainability #Tourism #Africa #Afcfta #Fiberoptic #Mining #DigitalMarketing #ConstructionLaw #Communication #Strategy #Business
Minister for Foreign Affairs and East African Cooperation, Tanzania | Member of Parliament
Later today in Nairobi, we will be launching the construction of Twin Towers (22 floors each) buildings, a real estate investment by NSSF and Tanzania’s Ministry of Foreign Affairs in Upper Hill, the center of Nairobi, that will also house our embassy. We are honoured to be joined by Kenya’s Prime Cabinet Secretary and Foreign Minister, H.E Musalia Mudavadi as our Chief Guest, Hon. Peninah Malonza, Cabinet Secretary for EAC, my cabinet colleague, Hon. Deogratius John Ndejembi - Minister in the PMO, Members of Parliament, my colleagues at the Ministry of Foreign Affairs and East African Cooperation and a leadership team from NSSF. The Tanzania Towers, containing residences and offices, and adding beauty to the Nairobi skyline, will not only earn the government much needed foreign currency but will also save government rental expenses for the chancery and embassy staff housing. We are delighted that NSSF management, investment committee and the whole board have found this investment profitable. The government of Tanzania owns about 101 buildings and plots around the world, most of them in prime areas in major capitals (in Lusaka alone, we own 11 buildings and plots). In the new strategy, which the government approved recently, we seek to use professional and world-class real estate entities to develop these assets to earn income for the government and uplift the quality of our embassies and embassy staff housing. At the moment, the government is spending about TZS 29 billion per annum as rental for embassy offices and embassy staff housing. In the new plan, the government will instead earn about TZS 36 billion per year from these investments. The first phase will be Nairobi, Kigali, Kinshasa, London, New York and Lusaka.
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Later today in Nairobi, we will be launching the construction of Twin Towers (22 floors each) buildings, a real estate investment by NSSF and Tanzania’s Ministry of Foreign Affairs in Upper Hill, the center of Nairobi, that will also house our embassy. We are honoured to be joined by Kenya’s Prime Cabinet Secretary and Foreign Minister, H.E Musalia Mudavadi as our Chief Guest, Hon. Peninah Malonza, Cabinet Secretary for EAC, my cabinet colleague, Hon. Deogratius John Ndejembi - Minister in the PMO, Members of Parliament, my colleagues at the Ministry of Foreign Affairs and East African Cooperation and a leadership team from NSSF. The Tanzania Towers, containing residences and offices, and adding beauty to the Nairobi skyline, will not only earn the government much needed foreign currency but will also save government rental expenses for the chancery and embassy staff housing. We are delighted that NSSF management, investment committee and the whole board have found this investment profitable. The government of Tanzania owns about 101 buildings and plots around the world, most of them in prime areas in major capitals (in Lusaka alone, we own 11 buildings and plots). In the new strategy, which the government approved recently, we seek to use professional and world-class real estate entities to develop these assets to earn income for the government and uplift the quality of our embassies and embassy staff housing. At the moment, the government is spending about TZS 29 billion per annum as rental for embassy offices and embassy staff housing. In the new plan, the government will instead earn about TZS 36 billion per year from these investments. The first phase will be Nairobi, Kigali, Kinshasa, London, New York and Lusaka.
Minister for Foreign Affairs and East African Cooperation, Tanzania | Member of Parliament
Later today in Nairobi, we will be launching the construction of Twin Towers (22 floors each) buildings, a real estate investment by NSSF and Tanzania’s Ministry of Foreign Affairs in Upper Hill, the center of Nairobi, that will also house our embassy. We are honoured to be joined by Kenya’s Prime Cabinet Secretary and Foreign Minister, H.E Musalia Mudavadi as our Chief Guest, Hon. Peninah Malonza, Cabinet Secretary for EAC, my cabinet colleague, Hon. Deogratius John Ndejembi - Minister in the PMO, Members of Parliament, my colleagues at the Ministry of Foreign Affairs and East African Cooperation and a leadership team from NSSF. The Tanzania Towers, containing residences and offices, and adding beauty to the Nairobi skyline, will not only earn the government much needed foreign currency but will also save government rental expenses for the chancery and embassy staff housing. We are delighted that NSSF management, investment committee and the whole board have found this investment profitable. The government of Tanzania owns about 101 buildings and plots around the world, most of them in prime areas in major capitals (in Lusaka alone, we own 11 buildings and plots). In the new strategy, which the government approved recently, we seek to use professional and world-class real estate entities to develop these assets to earn income for the government and uplift the quality of our embassies and embassy staff housing. At the moment, the government is spending about TZS 29 billion per annum as rental for embassy offices and embassy staff housing. In the new plan, the government will instead earn about TZS 36 billion per year from these investments. The first phase will be Nairobi, Kigali, Kinshasa, London, New York and Lusaka.
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Navigating Tanzania’s Regulatory Framework: Essential Steps for Business Ventures Are you looking to establish a business in Tanzania? Understanding the regulatory landscape is crucial. Here's a quick guide: - Choosing the Right Business Vehicle: Options include sole proprietorship, companies, trusts, or partnerships. Name Reservation and Clearance: Ensure your business name is unique and distinct from existing businesses, non-offensive and compliant with public policy. Incorporation: Register your business entity online through the Business Registration and Licensing Agency (BRELA) for mainland Tanzania or the Zanzibar Business and Property Registration Agency (ORSZ/BPRA) for Zanzibar. Business Setup: Obtain a TIN, business license, bank account, and tax clearance. Sector-Specific Licenses: Necessary for industries like mining, tourism, banking, agriculture, health services and construction. Tanzania Investment Centre (TIC): Optional but beneficial for fiscal and non-fiscal incentives and regulatory assistance. Continuous Compliance: Maintain annual returns, tax filings, and adhere to regulations from pension funds, OSHA, and environmental bodies. Additional Considerations: Tax Compliance: Engage experts for strategic tax planning. Antitrust Laws: Ensure compliance to avoid penalties. Data Protection: Adhere to privacy laws and protect customer data. Exit Strategies: Plan from the outset for smooth transitions. Unlock your business potential in Tanzania with Mawalla’s expertise. Contact us today for guidance on navigating local legal requirements and ensuring your venture thrives. Link to full article: https://lnkd.in/gAR_EvRZ #TanzaniaBusiness #RegulatoryInsights #Mawalla
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1moCongrats!..excellent work.