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Tanzania Investment Centre (TIC) Vacancies, October 2023

The United Republic of Tanzania was established in 1964 when the sovereign states of Zanzibar and Tanganyika united. Tanzania is 947,300 km2, which includes 54,337 km2 of inland water. The island of Pemba is roughly 984 km2 and the island of Zanzibar is 1,657 km2. One of the five countries in East Africa, Tanzania is located south of the equator.

Mainland Tanzania is situated between the area of Tanganyika, the Great Lakes of Victoria, Nyasa and the Indian Ocean. It boasts roughly 1,400 kilometres of coastline and is bordered by eight countries: Uganda, Burundi, Kenya, Rwanda, Zambia, Malawi, the Democratic Republic of the Congo and Mozambique. Due to six of these countries being landlocked, Tanzania provides natural access to the region. Between the years 2006 to 2014, Tanzania’s GDP grew at an average rate of 6.9%.

This growth record has been outstanding. It has ranked among the top 10 fastest-growing world economies and has been above the Sub-Saharan average of 5.2%The overall picture points to a prosperous future where the per capita income is growing at an average rate of 7%, thus raising the level of consumptive expenditure. The deficit balance of trade informs prospective investors that there is a huge potential to exploit and utilize available duty-free market opportunities in the European Union (EU), the United States of America and South Africa, to mention a few. For a period of 10 years, export value has grown by about 90% while imports recorded a growth of 70%. The headline inflation rate remained a single digit in 2014 and the first quarter of 2015. The inflation rate averaged 6.1% in 2014 compared to 7.9% in 2013.

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The manufacturing sector has been given the highest priority in attracting investors in Tanzania, particularly the establishment of industries which utilize domestic available raw materials such as processing of various agricultural products (sugarcane, cashew nuts, cotton, processing of edible oil from sunflower, sesame, cotton seeds, groundnuts, oil palm, etc), fruits and vegetable farming for the export market, fishing and fish processing, livestock value chain, mining and mineral processing, woodworks, manufacturing of pharmaceutical products and medical devices.

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Zonal Managers at Tanzania Investment Centre (TIC) – 2 Posts

Tanzania Investment Centre (TIC)

October, 2023

EMPLOYER Tanzania Investment Centre (TIC)

APPLICATION TIMELINE: 2023-10-16 2023-10-29

JOB SUMMARY

Identify, promote and facilitate investment opportunities in liaise with respective Regional Public and Private Sector Institutions through Regional Business Council (RBC) and Tanzania Chamber of Commerce, Industries and Agriculture (TCCIA).

DUTIES AND RESPONSIBILITIES

i. To prepare periodic zone performance reports;

ii. To establish relationships with investors within the zone;

iii.To monitor investment projects registered within the zone;

iv.To prepare and disseminate zone investment opportunities promotional materials;

v. To initiate applications for domestic investment projects registration;

vi.To identify suitable or potential sites for new investments;

vii.To coordinate preparation of Zonal investment opportunities profiles;

viii. To establish land banks and industrial parks in collaboration with Ministry responsible for Lands and Local Governments Authorities; and

ix.To coordinate and participate in Zone/Regional Investment Forums, workshop forums, exhibitions, investors sessions, seminars, conferences and similar activities in the zone.

QUALIFICATION AND EXPERIENCE

Holder of a Master’s Degree in one of the following fields; Economics, Commerce, Business Administration (Majoring in Marketing), Agricultural Economics and Agribusiness, Economics and Finance, Economics and Statistics or equivalent qualifications from recognized Institutions.

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REMUNERATION TICS 11

CLICK HERE TO APPLY

Manager of Legal Affairs at Tanzania Investment Centre (TIC)

Tanzania Investment Centre (TIC)

October, 2023

EMPLOYER Tanzania Investment Centre (TIC)

APPLICATION TIMELINE: 2023-10-16 2023-10-29

JOB SUMMARY To advice on legal matters.

DUTIES AND RESPONSIBILITIES

i. To receive, peruse and advise on submitted applications of strategic investment projects;

ii. To provide advice to the applicants on proper submission of strategic investment status for adherence of the law;

iii. To provide effective secretariat to the National Investment Steering Committee (NISC) Technical Committee by preparing the meetings and documentation and recording of minutes of the stated Meeting;

iv. To prepare the recommendations of Technical Committee regarding strategic investments and investment climate in Tanzania ready for submission to the NISC meeting;

v. To provide secretariat to the NISC meeting and take directives for further action;

vi. To protect interests of the Government through properly drafted performance contracts that facilitate the enjoyment of incentives by strategic investors;

vii. To supervise the signing process of performance contract and keep records and updating the database of the same;

viii. To work close with Directorate of Facilitation on facilitating Investors request on issuance of Government Notices;

ix. To conduct Physical verification to the projects applying for strategic status and advise accordingly;

x. To monitor all strategic investment projects and prepare reports on their implementation progress;

xi. To accurately records minute of TIC Board of Directors meeting, Management and staff meeting and make available for confirmation in the next meeting to have proper records of the Centre transactions;

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xii. To provide secretariat on staff development and disciplinary committee’s meeting; and

xiii. To work on and keep the record of the signed Bilateral Investment Treaties (BIT) and

xiv. To perform any other duties as be assigned by his Supervisor.

QUALIFICATION AND EXPERIENCE

Holder of Master’s Degree in Law (LLB) from recognized institutions and must be registered as Advocate of High Court.

REMUNERATION TICS 11

CLICK HERE TO APPLY

Manager of Investment Promotion (Foreign) at Tanzania Investment Centre (TIC)

 

To promote investment opportunities with collaborations with diplomatic missions/ embassies and other stakeholders.

DUTIES AND RESPONSIBILITIES

i.To prepare investment promotional materials and distribute to MDAs and Embassies;

ii.To coordinate and participate on various foreign investment promotion forums, trade and exhibitions;

iii.To prepare and carry out inward and outward missions/forums in collaboration foreign investment organizations;

iv.To prepare targeted Foreign investment promotion missions;

v.To prepare and update a list of foreign potential investor who express intension to invest as well as those joint venture seekers;

vi.To prepare capacity building programs to honorary to consular and embassies;

vii.To promote investment opportunities by prepare power point presentations to targeted groups of investors;

viii.To work with diplomatic missions/ embassies to attract more investment from abroad;

ix.To review and attend investors correspondences by advising the accordingly with the view to qualify their interest to invest in Tanzania;

x.To identify sector’s lead investors for documentation on investment opportunity;

xi.To conduct due diligence to new potential Investors (Foreign) if needed; and

xii.To perform any other duties as may be assigned by Supervisor.

QUALIFICATION AND EXPERIENCE

Holder of a Master’s Degree in one of the following fields; Economics, Commerce, Business Administration (Majoring in Marketing), Agricultural Economics and Agribusiness, Economics and Finance, Economics and Statistics or equivalent qualifications from recognized Institutions.

REMUNERATION TICS 11

CLICK HERE TO APPLY