Vol ix issue xvii by East African Business Week

n DIGEST

NOW FLYING TO THE MAGNIFICENT SIGHTS OF BRAZIL

He didnt stick to the budget

n NEWS

SINGAPORE SINGAPORE

Are EAC leaders committed? Singapore wants you to come and enjoy Three times weekly to Rio & Sao Paulo

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and now, a great way to get there ...on Ethiopian’s thrice weekly th

flights to its 8 destination in the far east. www.ethiopianairlines.com

www.ethiopianairlines.com

E AST

The Merlion Statue

Singapore wants you to come and enjoy

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A F R I C A N Gardens by the Bay

UNVEILING OPPORTUNITIES

VOL. 9, ISSUE 17 DECEMBER 2 - 8, 2013

KSH40; TZSH1,000; USH1,500; RWF600; BIF 1,500; 5BIRR,SS£ 2.5

EAC trade hits $40 billion nKAMPALA, Uganda – The East African Community recorded over $5.5 billion in trade as at the close of last year. Efforts towards harmonizing the East African Community (EAC) quality standards are in top gear. It is believed that the marmonized stan-

dards will heavily contribute to enhanced trade within the region while at the same time taming the counterfeit and sub-standard good menace. According to Kenyan authorities, the regional countries have already developed 1,300 harmonised standards, an exercise

TO PAGE 2

create 3.2 million jobs BY AGNES BATETA

Uganda’s Minister for Water and Environment, Prof. Ephraim Kamuntu (2nd L) hands a document to Dr. Silver Mugisha (2nd R), the Managing Director of National Water and Sewerage Corporation (NWSC) during the launch of their five-year strategic direction which will cover all urban and peri-urban centers of the country. STORY ON PAGE 3. Photo By Baz Waiswa

Kenya launch $14b rail project nNAIROBI, Kenya--The construction of the Standard Gauge Railway that will link South Sudan, Kenya, Uganda and through to Rwanda has started. The billion dollar project was kicked off by Kenya’s President Uhuru Kenya at the coastal city of Mombasa in what will drastically reduce transport costs and boost business within the region. Kenyatta said the new railway line that will replace the age-old KenyaUganda railway is expected to cost over $14 billion and is expected to be complete by December 2018. “The construction of this project

standards will be ratified by June 2014. “We have started by developing standards of goods that are most traded in the region. EAC is an agriculture-led market, and so we have started with standards for agriculture products,” said Gichahi. TO PAGE 2

NWSC launch 5-year work plan Rwanda to

Ethiopia, China, sign $1.6b 4G deal nADDIS ABABA, Ethiopia--Ethiopia’s state-run telecom firm Ethio Telecom said on Nov. 28 that Chinese telecom equipment maker Huawei Technologies will introduce high-speed 4G network in the capital, Addis Ababa. The roll-out could be taken as another sign of the impressive growth of the telecom industry in some African countries where mobile phone usage is booming and technology is catching up with, and even surpassing, other major economies. Carriers in China, for instance, will only start offering 4G service next month. But it also means the continuation of a less welcome reality: the Ethiopian government’s strict control over the telecom industry and internet freedom in general. Mobile phone penetration in

co-ordinated through their respective committees of national quality control standards bodies. The Managing Director of the Kenya Bureau of Standards Charles Gichahi said members will meet to approve new standards in Arusha, Tanzania where an additional 100

will be a welcome relief to the business community in East Africa. It is indeed our prize for the region at a time when integration efforts are in top gear. The project will accelerate regional economic transformation by reducing transportation costs,” said President Kenyatta. Upon completion, the railway line is expected to reduce the cost of transport in the region by a possible 60 per cent. “This is the reason why we must view the substantial investment in TO PAGE 2

Burundi holds financial fair

nKIGALI, RWANDA - -A one day conference on Growing Small and Medium Entrepreneurs [SMEs] which was aimed at boosting such businesses and therefore pulled many business people across Rwanda and the neighboring countries was last week concluded. This conference which was organised in form of a marketplace where innovative business ideas were displayed to potential investors was officially opened by the Minister of Trade and Industry Francois Kanimba, who addressed people present saying that it was an honor for Rwanda to hold such a conference for the second time in history. Kanimba said that if Rwanda is to meet the set target of creating middle class TO PAGE 2

Mixed views on single EAC visa BY PAUL TENTENA

nBURUNDI –Leaders of banks, financial and microfinance institutions have been urged to adopt proactive policies for growth and promotion of allocations to agriculture and livestock as well as agricultural entrepreneurship. Different stakeholders in the agricultural sector were gathered in Bujumbura from the 25th to the 27th November, 2013 to showcase products and exchange on ways to improve agricultural production for the fight against poverty and malnutrition.

nKAMPALA, Uganda-- Some sections of Uganda tourism sector are opposing the recently signed single tourist visa by arguing that the initiative was politically driven. At a breakfast meeting organized by the Uganda Tourism Board and the East African Tourism Platform in Kampala the sector players noted that the single EAC visa benefits are not clearly stated. Uganda Tourism Association president, Hebert Byaruhanga, asked how the single visa will realistically work.

TO PAGE 2

BY CLAUDINE NIZIGIYIMANA

NEWS

East African Business Week I December 2-8, 2013

Kenya lauches $14 billion rail project FROM PAGE 1

the railway as a worthy investment to underpin the regional economic agenda. An economy only ever thrives on the foundation of proper infrastructure,” he added. The project is part of a Trilateral Agreement signed between Kenya, Uganda and Rwanda to expedite development of the high-speed railway connecting Mombasa to Kampala and onwards to Kigali. President Kenyatta urged everyone involved to keep their eyes on the finish line and the resultant benefits to Kenyans instead of politicizing the project. A section of the civil society and Kenyan opposition parliamentarians had filed a last minute suit in court to halt the project citing procurement anomalies. Contrary to media reports, Kenyatta said Tanzania will remain an integral part of the East African Community and that the project was in no way meant to President Uhuru Kenyatta during the opening of the Standard Gauge Railway. lock out the country from integratation to Malaba, with a branch line for Kisumu line that will link Tanzania via Taveta. efforts. – are being developed. “We will launch the Voi-Taveta-Moshi Tanzania has in the recent times South Sudan through its President road next month. We are also planning appeared to waver on its commitment Salva Kiir has also assured that the to rehabilitate the Mombasa-Lunga to the regional trading bloc, a situation country will join the railway developLunga road to ease movement of people that has prompted a near diplomatic tiff ment project, extending it to Juba. between our two countries,” President between Dar eslaam, Kampala, Nairobi South Sudan has in the recent times Kenyatta said. and Kigali. expressed its willingness to join the The launch marked the commenceKenyatta termed as misguided East African Community. These efforts ment of the first phase of the project, rumours that the high-speed railway have however not borne much fruit as a comprising the Mombasa-Nairobi segwas meant to isolate Tanzania and section of the members have questioned ment that covers 500 kilometres. undermine the East African Community. if the country meets the requirements The Head of State disclosed that Instead, the President said plans are unfor admission. derway to develop an alternative railway designs for the second phase – Nairobi

Ethiopia, China sign 4G network FROM PAGE 1

Ethiopia is among the lowest in the world—about 2.5% of Ethiopians have cell phones, compared to 40% in neighboring Kenya. That’s in part because of poor infrastructure and state dominance—Ethiopia is one of the last countries in Africa to maintain a state monopoly over its telecom sector. (Ethio Telecom is the country’s only mobile operator.) Keeping the private sector out of the industry means lost opportunity in one of Africa’s fastest-growing economies, but the government says the 8 billion birr ($430 million) Ethio Telecom generates a year is critical for developing the country’s railway system (paywall) and other infrastructure TO PAGE 3

Operators debate EAC single visa FROM PAGE 1 “It seems the politicians have rushed the single visa. I don’t think all stakeholders will be ready by the January 1 2014 date. It’s not realistic,” he argued. Under the EAC protocol, the marketing of the region should be done collectively under one umbrella. EALA thought that by instituting a single visa, it will ease the marketing of the region. Ms. Watuli Matu the East African Tourism Plat-

form regional coordinator advised Uganda’s tourism fraternity not to fight the introduction of the visa but to build capacity and position themselves in a stronger way in order to benefit from its benefits. This comes a few weeks after Rwanda, Uganda and Kenya, penned down an agreement at the WTM Exhibition in London to execute a single tourist visa. TO PAGE 3

Burundi holds financial fair

FROM PAGE 1

Rwanda to create 3.2 m jobs FROM PAGE 1

entrepreneurs by the year 2020, she needed such innovative ideas. “SMEs are very crucial to meeting such a target and here we need to strengthen them so that people in the country can be able to create own job hence be able to get out of poverty”, said the minister. He continued explaining saying that Rwanda has a target of creating 3.2million jobs “off farm” by the year 2020 and therefore this is why the Rwandan government started a programme of “Hanga Umurimo” [Create own jobs] through which individuals can be able to start own jobs with an aim of getting out of poverty. From the organizing side, the Rwanda

Development Board Chief Executive Officer Valentine Rugwabiza said that such a conference provided a unique opportunity for Rwanda to reflect on a sector [SMEs], which actually plays a big role in its development. “We believe that SMEs in the conference will be able to create employment for Rwandans, become significant exporters, promote economic growth and also alleviate poverty”, said the C.E.O Rugwabiza said that SMEs in Rwanda constituted almost 98% of the Rwandan businesses and therefore this makes them great contributors to the national production. This conference brought in SMEs people from Rwanda, Burundi, Uganda, Kenya, and Liberia among others, who were all about 400 participants.

“We get people who want to do business or who are already in business but have no where to start from and here we educated them on what to do, give them a four days training at a small fee and later get them to communities to go to for market of given out products from which they can be able to get funds to start up own business”, said Anne Kayiwa Country Manager Barefoot Power Uganda. She added on saying that they still help micro finance institutions find funding which helps them stay in business. “With such an initiative entrepreneurs are linked to financing institutions from which they can be able to get loans”, said Eusebe Muhikira Acting Head, Trade and Manufacturing Department, RDB.

In his speech at the opening ceremonies, the Second Vice- President of the Republic, Mr Gervais Rufyikiri, stressed that the agricultural sector plays a major role in the economy in that it accounts for 44% of GDP and 99% of export earnings. “This is in view of its importance that the Burundi Vision 2025 and the Strategic Framework for Growth and Fight against Poverty , second generation offer to the modernization and diversification of agriculture and livestock priorities of growth, “ he insisted. Indeed, he disclosed that the main objective pursued by the Government of Burundi through the organization of this fair is just putting

together different actors and stakeholders in the agricultural sector so as to exchange without prevarication the major challenges of the time related to the financing of the agricultural sector and identify the best sustainable solutions to implement to overcome them. The fair brings together representatives of banks, financial and micro finance institutions, insurance companies , agro industrialists , organizations of agricultural producers, input and equipment suppliers in order to exchange and debate on a hot and so important topic that is the development of the agricultural sector, the TO PAGE 3

EAC records $40 billion in cross-border trade FROM PAGE 1 According to Gichahi, the next phase will prioritize harmonising standards for engineering. The exercise is being done under the EAC Standardisation, Quality Assurance, Metrology and Testing Act of 2006, which requires that harmonised standards comply with international standards.

“We are having continuous meetings and receiving inputs from other member countries ahead of the approval meeting next year,” said Mr Gichahi. Harmonised standards means that a conformity assessment will be done only once instead of goods being assessed in every country. This is expected to increase efficiency in the movement of goods, the pace of trade and

reduce costs associated with assessments. SMEs account for more than 50 per cent of intra-EAC trade and this trend is intesifying as more entrepreneurs become export ready. The growth of SMEs participation in regional trade is forcing commercial banks like Bank of Africa, Ecobank Kenya and Jamii Bora to fundraise to boost their lending kitty for SMEs exporting in EAC. Demand for SME financing is expected to

be sustained by the current 25-30 per cent annual growth in intra-EAC trade. This growth makes the EAC one of the fasted growing trading regions in the world. Lack of harmonisation of standards in Africa has been one of the main barriers to intraAfrica trade. “Harmonisation of standards in Africa is too low,” said Hermogene Nsengimana, secretary general for the African Organisation for Standardisation.

NEWS

East African Business Week I December 2 - 8, 2013

BRIEFLY Burundi holds financial fair FROM PAGE 2

engine of the Burundian economy. The exchange will include the role of agriculture in the national economy, the strategy for incentive interest rates, financing agricultural value chains, agricultural entrepreneurship, agricultural insurance, rural credit, the issue of financial support to cooperatives and small entrepreneurs, the rural financing, etc. The Government of Burundi has already implemented the Maputo Convention which states that each country must spend on the agricultural sector at least 10% of its budget. The evolution of the budget allocated to the Ministry of Agriculture and Livestock since 2010 is an eloquent testimony. However the Kilimanjaro Regional Commissioner Leonidas Gama said the business people were allowed to do business as usual and such directives were made without the knowledge of the regional authorities. Gama said anyone is allowed to export crops outside Tanzania if he abides with the laid down regulations.

Ethiopia signs up Chinese 4G network FROM PAGE 2 development. Another benefit is that the government is able to maintain a nationwide internet censorship system as well as monitor cell phone and online activity of citizens and dissidents. Now, thanks to the $1.6 billion deal with Chinese telecom firms Huawei, as well as ZTE, which will also help roll out 3G and improve mobile network infrastructure, the government will be able to improve internet and mobile access on its own terms.

Uganda for 100% cover By BAZ WAISWA nKampala, Uganda – National Water and Sewerage Corporation (NWSC) last week launched a Five Year Strategic Direction work plan that will facilitate and increase water and sewerage service delivery to major urban centers by 100 percent. Silver Mugisha, the Managing Director of NWSC explained that the Five Year Strategic Direction has targets which the Corporation aims to achieve. Supreme of these targets is to ensure rapid expansion of water coverage to reach 100 percent by 2016 and the expansion of sewerage services in all areas of NWSC operation. At the moment the public utility water supplier is present in about 30 urban centers but under the new work plan, they are targeting to reach 80 towns and also add new customers on the network to move from the current 317,000 to 450,000 connections. The Five Year Strategic Direction implementation which will guide NWSC to carry out its mandate of taking safe water to Ugandans in an efficient manner has already begun with capacity development of staff member under the STEPUP-90 programme. While officiating at the launch of the Direction, the Minister for Water and Environment, Ephraim Kamuntu said that government attaches great importance to water and sanitation sub sector as it has become intrinsically linked to sustainable development of the country. Kamuntu said water is a driving force that underpins most social and economic activities like sustainable health, agriculture, energy, tourism and industrialization within the country. “The centrality of water’s importance to the economy is demonstrated by the estimated 21 percent contribution to the GDP of the economy. The cliché water

Dr. Mugisha, the Managing Director of NWSC targeting 100% coverage of water services countrywide. is life underscores this point,” Kamuntu stated. Commenting on the Fiver Year Strategic Direction, the Minister explained that it is imperative for any organisations to have a long term outlook if it is to succeed in its aspirations. “We in the ministry are pleased with the board and management’s initiative in formulating the Five Year Strategic Direction, which takes into account the aspirations of government, key among which is the need to attain 100 percent water service coverage in all urban centers of Uganda,” Kamuntu said. Kamuntu was pleased with the Direction’s plan to takeover more urban centers and the incorporation of integrated management of water resources and promotion of rain water harvest.

“We in the ministry pledge our total support to the initiatives laid out in the Strategic Direction and look forward to its successful implementation” he said. Mugisha also mentioned that they are targeting modernizing and diversifying customer care with a new high capacity call center being erected and to achieve financial sustainability. Infrastructure improvement, increasing geographical reach from 28 urban centers to 80 towns, protecting the environment and being innovative are some of the targets spelled out in the document. The corporation is also looking at reducing water loses from current level of 37 percent in Kampala to less than 30 percent from an aggregate level of 18 percent in other areas than 15 percent and

enhance cost optimization of operations. To reduce the debt age from three months to less than two month and reduce creditors days from current 90 days to 45 days and increase customer base from 317,000 to 450,000 connections. Also on target is increasing annual turnover from Ush168bn to at least Ush295bn and ensure that 50 percent of towns breakeven. The purpose of this plan therefore is to provide the Corporation’s future outlook and key strategic interventions for the next five years. The new Ag NWSC board chairman Eng. Christopher Ebal reiterated that the board has fully consented to the aspirations of the five year strategic direction to excel.

Tanzania to review VAT, oil and gas laws BY PATRICK KISEMBO nDAR ES SALAAM, Tanzania---The government has started reviewing its Value Added Tax (VAT) law in order to help improve economy and livelihood of the people. This was said last week by the Tanzania Revenue Authority Commissioner General, Harry Kitillya at the CEOrt’s roundtable dinner in dare s Salaam. Mr. Kitillya was presenting his paper titled ‘Remarks on Selected Tax Policy and Administration Interventions’, stressing that the rewriting of the law aimed at realigning it with the best international practice. Currently Tanzania does not have a specific tax regime for oil and gas, but uses existing tax laws to tax the industry operators amid a number of challenges. “The reviewing will also incorporate areas that have not been included in the current VAT Act like oil and gas. We also want the government to enact the Tax Administration Act to harmonise all the administrative codes and procedures,” said the TRA Chief.

“We are committed to creating a workable partnership with the private sector in revenue administration and your inputs towards achieving this commitment together are most welcome and valued,” he said. He reiterated that the discovered reserves of gas are likely to place Tanzanian economy to higher levels of development. MrKitillya said Tanzania needs gas for power generation and revenue to bridge the budget gap. Currently the gas industry is dominated by foreign experienced companies with high level technology and long-standing management in the venture including taxation. According to Kitillya, since Oil and gas is a relatively new venture, Tanzania is faced with a number of challenges including putting in place a modern regulatory taxation and revenue management framework for the industry to be sustainable. “Currently the industry is dominated by foreign experienced companies with high level technology and long-standing experience in the industry including tax planning. Overcoming these challenges will have a significant bearing for Tanzanians to realize the benefits of their natural resources for their

development,” he noted. The Tanzania Revenue Authority Act, Cap 299 established the TRA as a central board to assess, collect and account for all Central Government revenue and administer and give effect to the laws relating to such revenue. For his part, CEOrt Chairman Mr. Ali Mufuruki, urged businessmen to improve their cooperation with government authorities. He said the private sector is the engine of the economy and is ready to work with the authority in contributing to economic growth. Mr .Mufuruki applauded TRA for its decision to share with the business community various plans relating to Taxation Acts. The CEO Roundtable is a policy dialogue forum that brings together CEOs of over 70 leading firms doing business in Tanzania. The members of the Roundtable and the companies they lead account for more than 40 percent of the tax revenue collected by the government and employ over 70,000 people.

BRIEFLY Vodacom increases stake in Tanzania nDAR ES SALAAM - Vodacom Group will pay $250 million in cash to acquire an additional 17% in its Tanzania unit, increasing exposure to one of its few businesses outside its home market. A unit of Britain’s Vodafone Plc, Vodacom is the most popular mobile operator among South Africans, but is dwarfed elsewhere on the continent by rival MTN Group Vodacom said last week, this would indirectly raise its stake in Vodacom Tanzania to 82.2% from 65%.

Uganda’s Mbire among drilling investors nNAIROBI - East Africa’s first land-based locally-owned drilling contractor is just starting up, signalling the intention of local investors to get a share of the region’s nascent hydrocarbon boom. According to Reuters, the company, Canyon Drilling East Africa Limited (CDEA), has been mostly funded with east African private equity sources and investors include Charles Mbire, chairman of MTN Uganda, a unit of South African mobile phone company MTN Group.

Bidders line up for Kenya duty-free shops NAIROBI - Out of 10 firms that have bid to run the shops at the airport, only five met the requirements laid out in the tender documents by Kenya Airports Authority (KAA), According to news reports here, three of the bidders want to give KAA a concession fee of under 13%. The firms that met the KAA requirements include Maritimes & Mercantile International LAC that proposed to give a concession fee of 10%, SIA Kenya Holding Limited (5 per cent) and Nuance Group AG (12.5%). The duty free complex is currently under construction.

NEWS

East African Business Week I December 2 - 8, 2013

afb in card deal with Kenya Woolworths

BY HUMPHREY LILOBA

nNAIROBI, Kenya--Woolworths has entered into a strategic partnership with afb, a consumer finance company, offering customers a chance to buy goods on credit in any Woolworths store in East Africa. The deal will see afb managing the Woolworths Private Label Card Programme, a customized retail card program that is tailored specifically for Woolworths customers. In Kenya, Woolworths currently has seven stores in and tens of others spread across East Africa. Speaking at the launch of the partnership in Nairobi last week, Woolworths Director Muchiri Wahome said the partnership was crucial for Woolworths in addressing the ever-changing needs of customers. “This partnership with afb is timely and significant and will allow our customers to easily access affordable credit facilities through our stores. Experience has shown that this type of credit program can go a long way in adding value to our loyal customers,” Wahome said. Commenting on the deal, afb’s Managing Director of Cards, Brett van Aswegen said: “afb is excited to partner with one of Africa’s most successful and respected retailers. This is the first such program in Kenya which we believe will revolutionize retail sales by increasing spend in Woolworths stores.” The Woolworths Store Card offers Woolworth’s customers an unsecured revolving credit facility. This arrangement allows customers to conveniently purchase the latest quality merchandise and pay it off in six affordable monthly installments. Customers can apply in-store for the card and the full application process takes less than 24 hours for customers to be instantly issued with a card in the Woolworths store.

SMILE: Customers are expected to benefit from the deal between van Aswegen and Wahome as Christmas nears. COURTESY PHOTO

12,000

Woolworths customers

150

Retail partners

24 hours

Card processing

The availability of credit enables customers to purchase what they want, when they want it. Saving for a specific purchase often leads to disappointment when the item has been sold out. The availability of credit allows customers to purchase for a greater amount and more frequently than they normally would have been able to. “In our pilot we have already seen significant lift in the average spend by consumers on their Woolworths Store Card,” van Aswegen said.

afb launched a general purpose retail credit card in Nairobi in April this year, that has already grown to an active customer base of over 12,000 customers and a merchant network of over 150 retail partners in Nairobi. In August this year it announced partnerships with Manchester United and Chelsea where afb offers Kenyans the opportunity to shop with branded Retail Credit Cards. afb has also partnered with Airtel Kenya to offer a variety of financial services. The company will be expanding throughout Kenya in the next 18 months as well as a number of other African countries.

Regional insurers in lobby talk BY HUMPHREY LILOBA nNAIROBI, Kenya---Regional underwriters have sealed a deal to set up an umbrella body to lobby for fair and competitive business environment as they seek to boost insurance penetration rates. It marks the beginning of a push to develop a strong selfregulatory framework. The other intention is to kickstart harmonisation of the varying policies touching the insurance industry across the East African Community. Insurance groups from the EAC recently signed a memorandum of Understanding to form what will be known as the East African Insurance Association (EAIA). The insurers are lobbying to get a platform on which to influence legislative and regulatory framework that impact on the insurance business. Association of Kenya Insurers, chief executive, Tom Gichuhi (below) said the association will engage all governments in the region. “We now have an expanded market for insurers to achieve economies of scale on freedom of movement. Basically, we seek to tap into cross border trade,” Gichuhi said. Collectively, member countries constitute less than 10% in insurance penetration rates, with Kenya leading at 3.01 per cent followed by Rwanda at 2.3 per cent. Tanzania, Uganda and Burundi penetration levels are still below at 0.8, 0.65 and 0.19 per cent respectively.

Tanzania makes $700m from exporting zones BY PATRICK KISEMBO

nDAR ES SALAAM, The country’s Export Processing Zone Authority (EPZA) last week announced that its total value of exports topped $700million. Officiating at the Africa Industrialisation Day in Dar es Salaam, Prime Minister, Mizengo Pinda said the government recognises the contribution of EPZA and is committed to ensure that investment continues and improves. He said the government wants investments in the special economic zones to continue for the benefit of investors and the country at large because EPZA continues to encourage the growth of industries. The Authority is presently overseeing 81 factories in various parts of the country. “The total value of investment of these factories is over $1.12 billion and they have created 27,000 direct employ-

ments as well another 80,000 jobs indirectly. The economic processing zones are catalysts speeding up the growth of our economy…creating employment through industrial development,” he said. He advised both local and foreign investors to invest in the Special Economic Zones and the Export Processing Zones underscoring their ability to create employment as well as secure sustainable development. According to statistics, contribution of the industrial sector to the country’s Gross Domestic Product (GDP) rose from 9.6% in 2010/2011 to 9.9% in 2011/2012. Direct employment in the sector rose from 115,022 in 2011 to 120,840 in 2012. Last week, EPZA told East African Business Week the country is expecting to earn over $23 million in export of processed and ready made goods per year. The authority said it has already received six investors with capital valued at $17 million.

The EPZA Director General, Dr Adelhelm Meru said the six investors will be able to create 720 jobs when operations begin. Last month, the Authority said it was in the process of adding more special investment areas upcountry to attract more local and foreign investors. Dr Meru and his officials were meeting with a delegation of investors from Belgium, Greece and Italy. “We have a lot of opportunities especially in industrial sector where our investors can cooperate with us in setting investments,” he told reporters at the end of a forum that involved Tanzanian business community. “We are welcoming them and we are ready to work with them. Their visit has opened a new chapter of our relationship between Tanzania and European investors for the mutual benefits of both sides. We need to utilize this opportunity,” Dr. Meru said.

FINANCE

East African Business Week I December 2- 8, 2013

EU gives Tanzania $10m

BRIEFLY Kenya TV firms wait for digital court ruling

BY PATRICK KISEMBO

nNAIROBI - Standard Group, Royal Media Service, Nation Media Group, the Consumer Federation of Kenya (Cofek) and West Media are waiting for a court decision concerning the digital migration set for December 13. The media houses and consumer groups want the government to postpone switching off the analogue frequencies, saying this would hurt their businesses. High Court Judge Mumbi Ngugi will begin hearing submissions on December 6th, after which he will give a ruling.

Rwanda offers prizes for using technology nKIGALI Rwanda Revenue Authority (RRA) management has resorted to cash and prizes to persuade the public to use the electronic billing machines. Drocelle Mukashyaka, the RRA deputy commissioner said last week, “Come January 1, 2014, all receipts issued by VAT registered taxpayers who do not use electronic billing machines will not be accepted as genuine receipts.” Those who present electronic receipts will be elligible to win a weekly top prize of ablout $150.

Tanzania ponders petrochemical plant nSINGAPORE - Tanzania is planning a large petrochemical complex at the coastal region of Lindi. George Simbachawene, Tanzania’s deputy minister for energy and minerals said last week, that; “We are thinking of building one industrial area, like what you have in Qatar, where you have all these (LNG) plants, petrochemical industries.” He was attending a gas and oil Africa/Asia conference here. Tanzania has an estimated 40 trillion cubic feet of gas off its coast.

DRILLING: Tullow say they have sank 80 wells which can deliver 1.7 billion barrels of crude in the future

$100b expected from Ugandan oil receipts BY PAUL TENTENA nKAMPALA, Uganda--Uganda will earn close to $100 billion as its potential share of oil resources, a Tullow Uganda Country Report released last week shows. The Country Report indicates that once production begins, the government’s potential share will be $50 billion representing about 80% of the oil revenues after exploration costs are recouped from an approximated oil reserves of 1.7 billion barrels. Uganda’s commercially viable oil is estimated at 3.5 billion barrels. Tullow Uganda General Manager Jimmy Mugerwa, who presented the Country Report, said the impact of oil discovery in Uganda has yet to be fully realized. He said the revenue from oil production has the potential to transform the country. “Tullow was one of the first exploration companies to risk its capital and invest in finding oil in the Lake Albert Rift Basin.

$50 billion

Potential government share

$2.8 billion

Tullow Oil investment so far

3.5 billion barrels Estimated crude oil “To date almost 80 wells have been drilled by Tullow, underpinning gross resources of around 1.7 billion barrels of oil. “Together with our partners, we are now working closely with government to achieve First Oil, whilst respecting Uganda’s rich social and environmental heritage,” Mugerwa said. Mugerwa said their company has invested $2.8 billion (about Ush7 trillion) in exploration for oil and the acquisition of Heritage Oil’s interests in Uganda during 2004. The Country Report states that the estimated capital investment for the upstream development of

Uganda’s discovered oil in the Lake Albert Rift Basin will be in the range of $8 to $12 billion. “The development phase will take approximately three years after the final investment decision,” Mugerwa said. Mugerwa said it implies timely completion and approvals of the Field Development Plans (FDPs) that will lead to getting the Final Investment Decisions by the various company boards with the next 24 months. “The scale and complexity of the project plus geographical characteristics and upgrading needs to start now to ensure first oil as soon as possible,” he said. Robert Kasadde, a senior official in the Petroleum Production and Development Department said Uganda’s commercial oil reserves will not be on the market until 2018. He said procuring of the oil extraction rigs takes time and the necessary infrastructure is not yet in place to fast track oil production.

n DAR ES SALAAM, Tanzania--The European Union (EU) recently gave the government a $10.6 million grant for managing climate change. The EU Head of Delegation to Tanzania, Ambassador Filiberto Sebregondi, and Adolf Mkenda, the deputy permanent secretary, in the finance ministry sealed the agreement. The additional grants are the second phase of Global Climate Change Alliance (GCCA II) to start in January 2014. According to Sebregondi, in the first phase, the EU granted Tanzania $2.8million in January 2010. According to Sebregondi, the EU is at the forefront of climate change action by not only setting stringent targets for European countries, but also supporting mitigating actions in developing countries. Recent climate change talks which ended in Warsaw last week raised no new cash. Mkenda said the fiveyear project aims at helping Tanzanian communities to minimise the negative effects of climate change. He said it will be implemented through building and disseminating knowledge about vulnerabilities and solutions that are appropriate in the context of Tanzania. “We thank the EU not only for this but also other supporting efforts in Tanzania,” Mkenda said. The EU-GCCA programme was launched in 2007 by the European Commission to support the most vulnerable developing countries increase their capacities in meeting climate change threats. Tanzania was selected in 2008 as one of the pilot countries for the implementation of the GCCA’s technical and financial support pillar.

Kenya passes $1.3b extra expenditure BY HUMPHREY LILOBA

HIS DOCKET: Rotich’s team want macroeconomic stability.

nNAIROBI, Kenya-- The Kenyan Cabinet recently approved the supplementary budget for the Financial Year 2013/2014 amounting to $1.3 billion The focus is maintaining a stable macroeconomic environment and the government’s policy of containing nonpriority and unproductive recurrent expenditure. Treasury, which is headed by Henry Rotich, will also be shifting resources to pay for development expenditure to help attain and maintain a sustainable public debt level. The supplementary budget will cater

for salary related expenditures amounting to Ksh18 billion (just over $200 million), operations and maintenance of Ksh8.2 billion (about $92 million) and Ksh89.7 billion for ongoing and new projects Additional Ksh44 billion (nearly $500 million) has been set aside for other projects, Ksh29.1 billion for outstanding pay and additional Ksh16.6 billion for devolved donor funds. Cabinet statement reads in part; “Funding to cater for the additional expenditure will be sourced from budgetary rationalization, revenue measures through recovery of pay as you earn, domestic borrowing and rationalization of strategic interventions.”

Meanwhile, on the pending bills the Cabinet directed ministries to ensure all carry-overs from the financial year 2012/2013 budget amounting to Ksh15.9 billion are settled immediately, utilising the funds allocated under the financial year 2013/2014 budget. As a way of containing expenses the Ministry of Devolution and Planning was also directed to freeze new recruitment, suspend adjustment of salaries and allowances and reclassification and creation of new State Corporations. The Cabinet further approved the amended of the County Allocation of Revenue Act to factor the actual donor funding requirement for ongoing projects.

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Certification frees Rwandan minerals

wanda has become the first country in the Great Lakes Region to issue mineral export certificates. Technically the document is known as the International Conference of the Great Lakes Region (ICGLR) Certificate. This very important document that will run into several pages, will provide information concerning the traceability and transparency of any relevant mineral being exported out of the country. The only question is whether a ICGLR Certificate can be easily forged. Hopefully not. This certification works in a way that when minerals from a certain Rwandan mine are tagged under the mineral tagging and traceability scheme, an ICGLR Certificate is issued to accompnay such exported minerals. Usually such schemes involve weighing, packaging and labelling cargoes of minerals before they leave the mine and recording their passage at various points in order to trace the supply chain. Ever since sporadic instability broke out in eastern Democratic Republic of Congo, (which neighbours Rwanda), the issue of trading in minerals directly linked with misery of the general populace, has taken centre stage. Frequently mentioned among the countries that have supposedly gained from this conflict, are Rwanda and Uganda. Several major resource firms hiding behind dummy companies are also mentioned. Activists in London and New York City have constantly complained that thousands of tonnes of the raw minerals are smuggled across the border into Uganda and Rwanda where they are exported to the Far East and smeltered with minerals from all over the world - making it very hard to trace the origin of the metals and alloys produced. For many years, the so-called international community has been trying to find a solution to this problem of the illegal exploitation of minerals in the DRC by actors in the conflict. This grew more complicated when it emerged in subsequent years that warring groups partly finance their activities from the sales of gold, wolframite, coltan and cassiterite. Coltan, which Rwanda also mines, became a sensitive point bearing in mind that the mineral is very much prized by the electronics industry and valued at about $60 million annually. Consequently introducing a traceability and certification mechanism to cover transfer from the mines to the trading counters and encouraging importers to only buy certified minerals, has become a point of vital importance. Rwanda’s case has been strengthened by the fact that it has established border surveillance to reduce on mineral smuggling, especially from the DRC. Rwandans dealing in minerals are not happy about the asking price for the ICGLR Certificate. They say it is too expensive. On the other hand, it is much cheaper than smuggling and the chances of getting the true value of the mineral are far better. By certifying its minerals, Rwanda also reassures potential customers, especially in the United States and Western Europe, that everything is above board. There is nothing to hide. Rwanda will no longer fall under the spotlight of suspicion. There will be no more questioning about the origins of Rwanda’s mineral exports.

EDITORIAL

East African Business Week I December 2 - 8, 2013

Google looks up Kampala

BY EMMA ONYANGO

nKAMPALA, Uganda--Google, the multi-billion dollar American global corporation specializing in Internetrelated services and products, recently announced Project Link for Kampala. This would mean connecting more people in Kampala to the worldwide web through a super-fast, high capacity opticfibre network. Local mobile operators and Internet service providers will then be able to connect more people in Kampala to a faster, more reliable Internet service. Kai Wulff, an Access Director at Google while unveiling the project in Kampala recently said, “With Project Link, we’re enabling local providers access a first-class network to serve the city of Kampala. With access to metro fibre, these providers can expand their services in order to meet the demands of a growing population of innovators and entrepreneurs, whether it’s fast connections for local hospitals or hightech learning tools for young people in the classroom and beyond,” he said. In many instances, online activity is halted by pre-broadband speeds or unreliable connections. According to Google officials, Project Link is focused on improving speed and quality through a metro network. The network is available to connect providers to long-distance fibre lines, equipping them with near-unlimited capacity to build and expand services to customers and deliver speeds that can support the Web. Metro fibre works by strengthening a crucial link in the supply chain that connects users to the data they seek, share, and create. For example, undersea cables are bringing data to Africa’s shores, and mobile operators are expanding their services across the continent. “We want our customers in Uganda to access the Internet without capacity constraints, so they can send large files, upload video, download software updates, and more,” Godfrey Kisekka, the Chief Technology Officer, Orange Uganda said. He said, “The partnership with Google will enable us to expand our network capacities, thus helping us achieve our ambition to provide users with the best network coverage and high-quality services.” “We are pleased to be working with

ATTENTIVE: Wulf gives some tips to senior Ugandan journalists recently. Google on their Uganda initiative,” said Roger Sekaziga, Chief Executive Officer, Roke Telkom. “We believe this collaboration will give us the flexibility to scale our operations with reduced incremental capital expenditure. This will allow us to leverage their platform to address niche markets. Ultimately, we think the consumer will be the beneficiary of

“

These providers can expand their services to meet demand

these higher speed tiers,” he said. “Project Link is an exciting development for the city of Kampala and surrounding regions. It’s an opportunity for us to build on top of better infrastructure and provide our customers in Uganda robust access to the Internet, larger bandwidth, and continue to deliver new services that allow better overall productivity,” Claude Vendette, the CEO of One...Solutions said. The project is part of Google’s larger efforts to help get Africa online. Other projects to improve internet access in Sub Saharan include a recent successful TV White Spaces trial in Cape Town, South Africa, as well as exploring how TV White Spaces technology could be put to use elsewhere on the continent.

Tanzania women miss out on sales BY ELISHA MAYALLAH nARUSHA, Tanzania Women entrepreneurs involved in cross-border trade in the region lack knowledge of the East African Community (EAC) market and its benefits, according to latest research. The research was carried out by Ndemanyiswa Mbise at five border posts late last year. Results show that women perceive the EAC as an institution for high-profile people

in the governments only. This was expressed by women at the border points of Namanga in Arusha Region, Tarime in Mara Region and Mtukula in Kagera Region. As a result, the women fail to or do not bother to understand the operations of the EAC institutions and how they can benefit from it. Mbise suggests EAC governments give more insight to the women entrepreneurs. Commenting on the lack of information, she said generally, women have lower standards of education.

“They lack market information. Men are comparatively better educated and more knowledgeable about issues than women,” she said. The officials at the border posts also stated that men were more knowledgeable, while women were ignorant and tend to be timid. Consequently, they fell easily into the traps of corrupt individuals who lurk at these places. She cited how lack of knowledge of cross-border regulations leads many women to give cash bribes at Namanga.

On credit barriers, Mbise said women reported several reasons that hinder them from accessing loans. She said awareness on availability of bank services has been cited by the women as the major constraint to credit accessibility. In addition, due to lack of transparency on banking systems, some women are not quite aware of the availability of loans and how to go about getting them. She said many women are not aware of cheaper financing institutions.

LETTERS & PERSPECTIVE East African Business Week I December 2- 8, 2013

Not all of us can afford to buy shares

PERSPECTIVE

Image of the week

No deal just yet on trade

Editor, I commend the government for encouraging oil and gas firms to offer shares on the local stock exchnage. This is one of the best ways to spread ownership of such natural assets. My concern is that not all of us can afford to buy these shares and in that case will be left out of the future gains. My solution to this would be to have the National Social Security Fund to buy these shares on our behalf then we can earn through the yearly dividends which can be deposited on our accounts. I don’t know how practical this is, but I do know that if there is no fariness in the sharing of the returns from oil and gas reserves, mass resentment will occur. Let us avoid the natural resource curse.

WOW! These holidaymakers on the St. Maaten island in the Dutch Carribean have no fears as a Boeing 757 comes in low to land at Princess Julianna International Airport last week and instead excitedly took photographs.

Tom Bakunabe Dar es Salaam, Tanzania

Another tragedy if EAC collapses again! Weighbridges is due to personality differthat we integrate. We were Editor, protect roads ences. People may pretend also told that the political will to say the right things in is strong. In recent weeks, we read in Rwanda We have been told of all the public, but underneath there in some newspapers about the EAC breaking up into two camps. I would not like to take these reports too seriously, because it would be a tragedy if this were to happen. Since the revival of the EAC in 1999, people in this region have been bombarded by how it is very important

advantages and yet now there is talk of a spilt. I am sorry to say that my pessisium about such things will only deepen and I would never take regional integration seriously again. It is too taxing! In my opinion one of the reasons why economic cooperation gets bogged down,

is a simmering difference of opinion. This is human nature, but also potentially dangerous when the lives of millions depend on trusting who you doing business with. Roger Hunja Nakuru, Kenya

EAC should be wary of environment risk Editor, I am pleased to read about the warning that President Kikwete gave the oil and gas companies over the issue of protecting the environment. The violence in some parts of Nigeria today is a direct result of people’s frustration at how oil companies drilled and left their surroundings a total mess. Some of you may recall the environmental

activist and martyr, Ken Saro Wiwa. Oil and gas compnaies must be made accountable for any actions that ruin Tanzania’s environmental. I would even suggest a sizeable bond to keep them in line. Many are operating at some very delicately balanced areas. I hope they take the President’s words very seriously.

Editor,

The new move of introducing weighbridges in the country by the Rwanda Transport Development Agency is a very good idea since this will help in the maintenance of the constructed infrastructure. Rwanda has been concentrating on building such infrastructure which might face damage if such measures are not introduced. Again, this is going to benefit business people who say that actually transportation prices are going to reduce by half which will help them stay in business. This system which is a regional system will still promote trade between Rwanda and other regional countries.

John Mwamba Dar es Salaam, Tanzania

Millicent Gashegu Kigali, Rwanda

Why draft new policy which we cannot implement? Editor, I was both amused and frustrated after reading the story about hotel classification in Uganda. This task has been on the books for years and we are still

nowhere concluding it as when it was first mentioned many years ago! Why draft policy which we cannot afford to implement? The often forgetton thing is that hotel classification is part and parcel of an organised tour-

The views expressed on this page are not the views held by the anagement of East African Business week

ism industry. When visitors seek accommodation, you should not base advice on personal preferences which is often biased anyway. Every licensed establishment must be classified. All this comes when East

n Write your letters to The Editor East African Business Week, P.O.Box 71771 Kampala Uganda

n Telephone +256 41 4531345/7 or +256 312 275141 n Fax +256414531346

Africa is preparing for a single tourist visa. Come on Uganda! Let’s show some seriousness here. Mike Opoi Kampala, Uganda

nGENEVA, Switzerland--Negotiators came tantalizingly close but failed to clinch a global free trade deal after more than a decade of talks that could have given the world economy a $1 trillion boost, the head of the World Trade Organization said last week. Roberto Azevedo said diplomats from the WTO’s 159 members tried hard but “cannot cross the finish line here in Geneva” ahead of a summit where ministers were to have signed the deal in Bali, Indonesia, next week. He said more progress was made in the past weeks than over the past five years, but that was still not enough “We are indeed close, but not quite there,” he told a news conference. The negotiations would have eased the rules of global commerce by cutting red tape to open markets and help develop poorer economies. They also focused on tariff quotas, government incentives for exports and agriculture issues such as subsidies for grain stockpiling. But disputes between major economies such as the United States, the European Union, China and India bogged down the discussions. The main disagreements were over cutting customs red tape, opening the agricultural sectors to competition and support for the least developed economies. Deputy U.S. Trade Representative Michael Punke expressed “a great deal of sadness” over the failure. “We’re worried — alongside so many in this room — that a once-in-a-generation opportunity may have slipped our grasp,” he said. Some diplomats, like Moroccan Ambassador Omar Hilale, held out hope that negotiators could still reach a deal in Bali. But most said it was too late. Azevedo said there remains so much disagreement that several more weeks of negotiations could not close the gaps. “Holding negotiations in the short time we’ll have in Bali would be simply impractical with over 100 ministers around the table,” he said. The Bali summit has been cast as a last chance to revive the so-called “Doha Round” of WTO-brokered talks that began in Qatar in 2001 and frustrated Azevedo’s predecessor, Pascal Lamy. The lack of a global trade deal has not prevented individual countries from making deals among themselves. The European Union, for example, has clinched free trade deals with South Korea and later Canada. It is in separate talks with the U.S. and Japan as well. But Roberto Azevedo, head of the World Trade Organization, said the failure to reach a global deal leaves poorer countries worse off. It also hurts the WTO’s credibility. The WTO will only be viewed as a trade court and no longer as a forum for governments to negotiate trade agreements, he said. Azevedo said, “We will fail not only the WTO and multilateralism. We will also fail our constituencies at large, the business community and, above all, the vulnerable among us. We will fail the poor worldwide.”

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Main sticking points are customs and agriculture

WTO and Agencies

Nairobi +254 20829062 Or email them to Dar-es-Salaam +255 222460820 letters @busiweek.com or Kigali +250 252504165 editor@busiweek.com Bujumbura +257 79 (76) 918854

BRIEFLY EAC to consider roaming charges nKIGALI - Enos Bukuku, the East African Community deputy Secretary General for Planning Infrastructure has said the Secretariat will try and come up with suggestions over complaints about high regional call charges. He was in a meeting with EAC telecoms regulators. MTN Rwanda, chief marketing officer, Yvonne Manzi Makolo said: “The increase in taxes meant rates for people calling from other countries went up by that additional amount.” Network operators want lower taxes.

New directors for Tazania’s Fastjet n DAR ES SALAAM - Ami Mpungwe and Lawrence Masha have been appointed as non-executive directors on the Fastjet Board of Directors. Meanwhile, the low-cost airline which this year launched an international flight to Johannesburg, last week added another to Lusaka, Zambia. Airline CEO, Ed Winter said, “Building on the successes of the past year, the launch of our second international route to Lusaka moves Fastjet along the path of a true pan-African carrier.”

Kenya insurance referee flexes muscles NAIROBI - Kenya’s insurance firms should expect more oversight after the Insurance Regulatory Authority (IRA) announced a new campaign to rid the industry of quacks. Sammy Makove, the IRA boss said, “We shall be looking deeply at governance structures of every institution.” He was recently speaking during the Insurance Institute of Kenya’s annual conference. He said the culprits are a threat to ideal corporate governance systems within the sector. He said improving professionalism is key to grow the industry.

NEWS

East African Business Week I December 2 - 8, 2013

Internet business use puts Kenya near top BY HUMPHREY LILOBA nNAIROBI, Kenya-- Africa’s rapid adoption of Internet technology and solutions is increasingly helping economic growth across the continent, with Kenya among the leading countries reaping from the worldwide web. Kenya marginally trails Senegal in the Internet’s contribution to Gross Domestic Product (GDP) according to research by McKinsey. The report titled ‘Lions go digital’, shows that Internet contributed 2.9% to Kenya’s GDP while Senegal led the pack with 3.3% of its economy benefiting from the Internet. ‘Africa’s iGDP (measure of the Internet’s contribution to overall GDP) remains low, at 1.1% – just over half the levels seen in other emerging economies. But there is significant variation among individual countries. Senegal and Kenya, though not the continent’s largest economies, have Africa’s highest iGDPs, and governments in both countries have made concerted efforts to stimulate Internet demand,’ states the report. Other African countries that appeared above the continental average include; Morocco, Mozambique, South Africa, Cote d’Ivoire, Tanzania, Cameroon and Ghana. The report attributes rapid growth of the Internet in Africa to expansion of mobile networks and availability of affordable smart phones. More than 720 million Africans have mobile phones with some 167 million already use the Internet. “There is a growing wave of innovation as entrepreneurs and large corporations alike launch Web-based ventures, from e-commerce sites and digital entertainment platforms to mobile health technologies and online educational content.”

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$300 billion

Internet contribution by 2025

720 million

Africans with mobile phones

167 million

Africans using the Internet

The report links the adoption of internet solutions to efficiencies in the delivery of public services and the operations of large and small businesses alike. With the current growth rate, McKinsey estimates the Internet will

contribute $300 billion in Africa and have 600 million internet users by the year 2025. “In financial services, for example, M-Pesa’s mobile money solutions have brought millions of Kenyans onto the financial grid for the first time,” the report states. Other key areas where the Internet will generate economic growth and social transformation include; financial services, education, health, retail and agriculture.

Italians to build Uganda solar units BY PAUL TENTENA

nKAMPALA, Uganda--Four large solar energy plants are to be developed in Uganda, as the country struggles to close the electricity deficit gap. According to the Italian developers, Ergon Solair and Martifer Solar based in the United States, the new power plants were commissioned by the Ugandan Development Corporation (UDC). The solar energy power plants are expected to have a significant economic impact on several communities throughout the country, many of which are under intense financial pressure due to the prices associated with energy. Ergon Solair, say the four solar power plants will have a combined energy capacity of 500 megawatts. The company expects that solar energy could help several communities throughout Uganda save anywhere from 30% to 50% on their energy bills. Uganda’s electricity tariffs are said to be the highest in Africa ranging from Ush550 (about 22 US cents) per unit for domestic consumers. Recently, national legislators were agitating for the termination of the Umeme distribution concession. According to an Ergon Solair statement, construction on the new power plants is expected to begin in 2014. It is hoped the power plants will be completed in October 2016. The electricity produced will be bought by the government through a power purchase agreement with Ergon Solair. After this energy has been purchased, it will be fed into the country’s energy national grid, where it can be used to power homes and businesses.

Tz eyes energy incubator plan BY PATRICK KISEMBO

SOLAR: Young people will be encouraged to show initiative.

nDAR ES SALAAM, Tanzania-The Institute of Management and Entrepreneurship Development (IMED) is launching a renewable energy incubator programme. The IMED Chief Executive Officer, Dr. Donath Olomi said the incubator will support youth who want to start or develop alternative energy enterprises through a package of services. He said they will offer mentoring, training, coaching, linkages to other forms of support, internships and access to equity and debt finance. “We are in the process of constitut-

ing the Incubator Board, and we are looking for a person who has the passion to support entrepreneurship and small and medium sized enterprises,” said Dr Olomi. He said: “And in this matter this person must have a strong finance/ banking background with good knowledge and networks of debt and equity finance opportunities in the country or the region.” Dr. Olomi said there are many reasons for investing in renewable energy and that fossil fuels (based on crude oil) energy resources are pollutants, limited and therefore not sustainable.

IMED’s plan comes after stakeholders met to discuss challenges facing Tanzania on matters of renewable energy policy last year. The Tanzania Commission for Science and Technology (COSTECH) made a presentation on the energy policy challenges and the need for renewable energy policy at the Workshop organized by Tanzania Renewable Energy Association at University of Dar es salaam COSTECH said countries like Japan and others, which rely on imported fuel, risk the effects of price fluctuations and natural disasters. Using fossil fuels produces carbon dioxide resulting in global warming.

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East African Business Week I December 2-8 , 2013

NATIONAL BUREAU OF STATISTICS

Bid No. NBS/AE/052/2013-2014/TSMP/NC/36 for Printing Agriculture Documents

Invitation for Bids 1. The Government of Tanzania has received a credit from the International Development Association toward the cost of the Tanzania Statistical Master Plan Project (TSMP), and it intends to apply part of the proceeds of this credit to payments under the agreement(s) resulting from this IFB: Printing Documents 2. The National Bureau of Statistics has received/has applied for/intends to apply for a credit from the International Development Association towards the cost of Tanzania statistical Master Plan Project, and it intends to apply part of the proceeds of this credit to cover eligible payments under the contract for Printing Agriculture 3. The National Bureau of Statistics now invites sealed bids from eligible Service Providers of printing service as follows S/No

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