On November 4, 2026, in Dodoma, Tanzania's Prime Minister, Dk Mwigulu Nchemba, unveiled the Sustainable Industrial Development Policy and the Small and Medium Enterprises Development Policy. The policies aim to promote local production, protect jobs, and increase government revenue. The Prime Minister emphasized the importance of government institutions leading by example in using locally produced goods.
The Prime Minister cited examples of locally produced goods that can be used by government institutions, including glass, nails, marble, and furniture. He stressed that government institutions should be role models in supporting local industries. The Prime Minister also directed the Ministry of Industry and Trade to prepare effective strategies for implementing the policies.
The Prime Minister highlighted that the efforts to build industries will not yield desired results if locally produced goods do not get markets. This can lead to reduced production, jobs, and national revenue. He urged the Ministry of Industry and Trade to review laws and regulations that hinder the use of local products.
The Prime Minister also emphasized the importance of recognizing the private sector as a key partner in building a self-sustaining economy. He encouraged government officials to respect private sector investments and create a conducive business environment. The Prime Minister directed the Ministry of Industry and Trade to work with other ministries and the private sector to implement the policies.
The Minister of Industry and Trade, Judith Kapinga, stated that her ministry has prepared a 10-year strategy to implement the policies. The strategy includes annual targets that will be monitored and evaluated. Kapinga emphasized that the implementation of the policies aims to empower small and medium enterprises and expand markets for locally produced goods.
Kapinga also noted that achieving a trillion-dollar economy depends on reforms in the industrial sector, which will stimulate economic growth. She added that President Samia Suluhu Hassan's vision is to see the industrial sector grow and increase its contribution to the national GDP. The Ministry of Industry and Trade awarded President Samia and the Prime Minister for their contributions to the development of the industrial sector.
The launched policies are expected to boost local production, create jobs, and increase government revenue. The government aims to improve the business and investment environment, as well as infrastructure, to increase the competitiveness of Tanzanian industries in regional and global markets. The implementation of the policies will be monitored and evaluated to ensure their effectiveness.
Key points
- The Tanzanian government has launched two new policies to promote industrial development and support small and medium enterprises.
- The policies aim to increase the use of locally produced goods, create jobs, and boost economic growth.
- The government has directed the Ministry of Industry and Trade to prepare effective strategies for implementing the policies and to work with other ministries and the private sector.