Dr Mary Nagu
Tanzania’s Minister of Investment and Empowerment
"I encourage you to invest in agriculture ……it will earn you high returns on investment,"
Dr Mary Nagu is Tanzania’s Minister for Investment and Empowerment in the Prime Minister’s Office in Dar es Salaam. Dr Nagu was formally Minister of Justice in Tanzania at a time when the Silverdale Farm issue was in full swing. When British investors and their staff were being unlawfully arrested and imprisoned. When same appealed to Dr Nagu for the laws of Tanzania to be upheld in the face of objective criminality instigated by men like Benjamin Mengi, senior police officers and government ministers, all engaging in corruption to drive British investors Sarah Hermitage and Stewart Middleton from Tanzania in order for Benjamin Mengi to steal their property, the lease to Silverdale and Mbono Farms which they had purchased from him legally.
Dr Nagu’s response, to the investors' appeals and those of the British government for the laws of Tanzania to be upheld. Simply nothing. “How can I resolve this case whilst projecting the Mengi name” she stated to the investors at their home whilst making a private visit to them.
Dr Nagu issued illegal instructions to the investors as to how to deal with their property and set up extra judicial commissions in order for the parties to “negotiate” in fact anything, other than uphold the rule of law in the face of Benjamin Mengi’s corruption and the complicity in this by his brother Reginald.
Shameful that this minister now calls for further investment in agriculture in Tanzania. More lambs to the slaughter!
Tanzania: Minister Challenges Investors On Farming
http://allafrica.com/stories/201311120188.html
The government has urged investors to explore abundant potentials in the agriculture sector that assures not only highest returns, but also higher contribution to job creation and poverty alleviation.
Addressing a group of business people from Europe in Dar es Salaam, the Minister in the Prime Minister's Officer, Investment and Empowerment, Dr Mary Nagu said one of the ultimate goals of attracting investments is to benefit both investors and the society of the hosting country.
"I encourage you to invest in agriculture and agro-processing especially in food because it will earn you high returns on investment," she told a delegation of businessmen representing almost 70 companies from Belgium, Italy and Greece attending three-day forum organised by Tanzania Investment Centre (TIC).
She added, "And every additional investment on agriculture and value addition has the potential to exert tremendous impact on the quality of the lives of the people." Over 70 per cent of the population engage in agriculture activities.
Tanzania is characterised with diverse favourable agro-climatic conditions suitable for the growth of various crops including sugarcane, cereals like rice, maize, wheat and sorghum, coffee, tea and cashewnut with sustainable domestic and international market.
She said Tanzania has more than 43 million hectares of arable land, out of which one million hectares are of high irrigation potential.
During the period of 2000 to October this year, the TIC has registered 28 projects from Greece worth 51.2 million US dollars, 33 projects from Belgium valued 150.9 million US dollars and 121 projects from Italy totalling 205 million US dollars.
Also Dr Nagu implored the business community to explore investments opportunities in the world class tourism attractions, vast potentials in the oil and gas, manufacturing industries like textile, iron and steel, education and health.
On his part, the Tanzania Ambassador in Belgium and the European Union Dr Deodorus Kamala said the Public Private Partnership (PPP) remains to be an engine of economic growth and the private sector itself when it comes to exploring new markets, technology and global completion.
"PPP should go beyond working with the private sector itself to ensure sustainable growth in both public and private sectors," he noted. He said EU has remained to be traditional partner to Tanzania when it comes to the flow of investments particularly in accessing capital and markets.
Dr Kamala added that EU was still committed to support Tanzania and in the next fiscal year it is expected to disburse more than 600 million Euros.
The Belgium ambassador to Tanzania Mr Koen Adam said the forum will mark new beginning of business relations between the two countries resulting into an increased Foreign Direct Investment (FDI) to the country.
The Italian Ambassador to Tanzania on his part said, "I believe in capacity building and flow of investments which could lead to job creation and income generation and not just giving aid."
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