President John Magufuli has assured Kenyans who wish to invest in Tanzania can do so , dismissing claims that his administration has been frustrating Kenyan traders.
President Magufuli, acknowledged the crucial role Kenyan investors play in the economy, with 529 Kenyan firms operating in the country, employing 56,260 people with their collective investment valued at 1.7 billion US dollars.
TIC statistics show that trade between Kenya and Tanzania has increased from 6.5bn/- in 2010 to 2tri/- this year. This means there is good relations and growth of trade between the two countries.
Dr Magufuli said he still considers Kenya as a number one partner in Africa as he sought to reaffirm Tanzania’s relationship with Kenya following reports of a strained business relationship between the two neighbours.
Tanzania like any other country in the world needs to cooperate with other nations in order to grow.