The United Republic of Tanzania


TIC gets a new Investment Minister .

The President of United Republic of Tanzania His Excellence President John Pombe Magufuli has appointed Honorable Angellah Kairuki as the Minister for Investment in the Prime Minister’s Office.

The appointment is a vindication of the government commitment and determination towards transforming the investment sector by creating a conducive environment with a view of attracting more domestic and foreign investments.

“In this appointment the government has shown that it means business and the appointment should improve investor’s confidence that this government is determined to improving the business environment and investment climate, “said the TIC Executive Director Mr. Geoffrey Mwambe

According to Mr. Mwambe the move will help TIC to swiftly address various investment related challenges, which needed policy interventions, budget implications and advocacy.

Mr. Mwambe who was talking to Journalists recently stressed that Tanzania is a leading investment destination in the East African region with unwavering strategic location for the East, Southern African and Central African Region’s markets.

In this line the Executive Director called upon private sector stakeholders (international business communities and investors) and public institutions to support the new Minister in promoting investment agenda.


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