Page 34 - BUSINESS STUDIES FORM 5
P. 34

Student's Book  Form Five



                  application, and financial illiteracy. On the other hand, the
                 government addresses those challenges through its agencies
                 by providing loans, grants, and credit facilities through the
                 Credit Guarantee Scheme.
         FOR ONLINE READING ONLY
           11.   The capacity-building  programs available  in  Tanzania
                 for medium-sized businesses include technical  skills
                 development,  financial  literacy,  entrepreneurship  training,
                 and managerial capacity  enhancement.  These programs
                 equip medium-sized  business owners and employees with
                 the knowledge and skills needed to operate and sustain the
                 growth of their enterprises.
           12.   Guide the students in manageable  groups to use online
                 and offline resources to explore how government agencies
                 collaborate with international partners to support medium-
                 sized businesses in Tanzania.
           13.   Roles of the Tanzania Chamber of Commerce, Industry, and
                 Agriculture (TCCIA) in supporting medium-sized businesses
                 in Tanzania are explained in the student’s textbook.
           14.   The Tanzania Revenue Authority (TRA) ensures that medium-
                 sized  businesses comply  with  tax  laws and regulations
                 by conducting various training programs or seminars to
                 improve their comprehension of tax laws and regulations.
                 Also, businesses are usually updated on tax requirements
                 and provided with advice related to their business.
           15.   The  incentives  offered  by  the  Tanzania  government  to
                 encourage  medium-sized  businesses to invest  in key
                 sectors include  tax  incentives,  investment  guarantees,
                 and preferential  treatment  for domestic investors. Further
                 explanation is provided in the student’s textbook.
           16.   These  agreements  include African  Caribbean  and  Pacific-
                 European Union (ACP-EU) framework, AGOA, and EAC
                 vision 2050 from the EAC treaty of 1999.








      Business Studies for Advanced Secondary Schools  28


                                                                        30/06/2024   11:26:39
   Business Studies TG FORM 5 FINAL.indd   28                           30/06/2024   11:26:39
   Business Studies TG FORM 5 FINAL.indd   28
   29   30   31   32   33   34   35   36   37   38   39