Economy

President Samia: Tanzania remains stable, open for investment

President Samia has emphasised that for more than sixty years, the country has set a conducive and friendly environment for business and investment to thrive.

Dar es Salaam. President of Tanzania Samia Suluhu Hassan has reassured international investors that the country remains stable and open for investment during her meeting with Lord Hugo Swire KCMG, Deputy Chairman of the Commonwealth Enterprise and Investment Council (CWEIC), at the State House in Dar es Salaam on Tuesday.

Their discussions focused on strengthening trade ties and unlocking new investment opportunities that support national economic growth and job creation for Tanzanians.

President Samia outlined the government’s strategic push to attract long-term investments in key sectors such as manufacturing, agribusiness, energy and logistics.

The President further highlighted the government’s continuous commitment to working with investors who are ready to invest in Tanzania.

She emphasised that for more than sixty years, the country has set a conducive and friendly environment for business and investment to thrive.

A major part of the conversation also centred on investor confidence following the unprecedented events of 29 October 2025.

President Samia stressed that Tanzania’s governance systems remain solid and fully capable of managing domestic affairs.

She assured Lord Swire that the government has taken firm steps to safeguard stability and protect all investments operating in the country.

To reinforce this commitment, President Samia revealed that Tanzania has already begun preliminary processes toward a constitutional review.

The reforms, she noted, aim to enhance institutional performance, strengthen accountability and further improve the ease of doing business—key factors in sustaining investor confidence.

Lord Swire welcomed these reassurances, noting that CWEIC sees Tanzania as a strategic growth destination within the Commonwealth.

He expressed the Council’s readiness to broaden cooperation, support investment missions, and link Tanzanian businesses with Commonwealth markets.

He also commended President Samia for her leadership, saying the reforms signal a strong direction for Tanzania’s economic future.

The meeting concluded with both sides expressing interest in accelerating programmes that promote trade, investment flows and job creation for Tanzanians.

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