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Student's Book  Form Five


          of business registration and licensing     Blueprint for Regulatory Reforms of 2018:
          processes. Again, SIDP encouraged the      The Blueprint was established to provide
          simplification of taxation as well as the   an enabling business environment to
          formalization of the informal businesses   improve business operations in the country.
          in the country. Further, SIDP focused on   This reform emphasizes that government
          the  improvement  of  financial  services   agencies should provide relevant
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          accessibility, including enabling youth,   information to the private sector and the
          women, and people with disabilities to be   private sector should be prioritized in the
          involved in economic activities.           envisaged reforms because of their role

          Integrated Industrial Development          in economic transformation in Tanzania.
          Strategy (IIDS) of 2025: The strategy is
          like an update of the SIDP as it focuses on    Task 4.1
          ensuring that the objectives of SIDP are     Review at least two industrial policies
          implemented. Thus, IIDS emphasises on        in Tanzania:
          transformation in the agriculture sector by   (a) Describe their objectives and key
          improving productivity from low to semi-          provisions; and
          industrialized, with the private sector being
          considered as the vehicle for economic        (b) Explain how  each  policy
          development.                                      promotes medium-sized
                                                            businesses growth.
          National Agricultural Policy (NAP) of
          2013: The policy aims at addressing the
          obstacles and problems in the development       Exercise 4.2
          of the value chains in the agricultural sector
          in the country. Such problems addressed by   1. Suppose you own a medium-sized
          NAP in the agriculture value chains include   business, discuss the importance
          poor quality of the agricultural products,    of skills training and workforce
          limited participation of the private sector,   development initiatives in enhancing
          insufficient productivity, insufficient       the competitiveness of your enterprise.
          support services, over-dependency of the
          sector on rain for agricultural activities,   2. Assume you are operating a medium-
          poor infrastructure and facilities. NAP       sized business in Tanzania. Explain
          also  addresses  other  factors  affecting    how your business operations may be
          agricultural value chains like environmental   impacted by the policy with examples
          deterioration, crop pests and diseases.       of specific industrial policies.












     Business Studies for Advanced Secondary Schools  60


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