Africa54

By Special Writer* I read with dismay the article which appeared in the Economist of May 28 th 2016 about the Tanzanian leader, Dr. John Pombe Joseph Magufuli and his government only to find it both distasteful and amateurish to say the least. The fact that the arguments advanced are full of insults and belittles a Head of State of a country with no shares in the Economist, is a sign of not only disrespect but a loss of focus by an otherwise “respected” international paper. No wonder the current feeling worldwide is that the Economist we all used to almost adore is nowadays a mere tabloid devoid of decency, quasi combative and totally disingenuous. His campaigns attracted unprecedented crowds Certainly, the Tanzania leader does not govern impulsively. Neither does he lead the government by gesture. To the contrary, he is fully committed to strengthening democratic principles of good governance and rule of law, leads a sustained fight against corruption and brings about e

The Tanzania Investment Center (TIC) has issued a statement to refute earlier claims by the Economist online magazine which had accused Tanzania as uninvestable place. We reproduce the statement below in verbatim to unveil the story of great transformation happening in Tanzania in terms of President Magufuli’s quick wins in boosting investor confidence. Enjoy reading-From the Editor.                              --------------------------------------------------------------------- Since President John Magufuli came into power (from December 2015 to May 2016) Tanzania Investment Center (TIC) has registered 551 investment projects worth $ 9,211.88 million. Of all these projects 229 are owned by Tanzanians, 215 projects are owned by foreigners while 107 projects are owned through joint ventures. The projects are expected to employ 55,970people and bring multiplier effects to Tanzanians. The above registered projects by TIC for the past six months (December 2015 – May 2016) sh