Tanzania Trade Development Authority (TanTrade) was established by the Tanzania Trade Development Authority Act No 4 of 2009 that repealed the Board of External Trade Act No. 5 of 1978 and the Board of Internal Trade Act No. 15 of 1973. It is vested with regulatory powers to perform the activities related to both internal and external trade that had previously been performed by the Board of External Trade and the Board of Internal Trade.
The enactment of a law to establish TanTrade was a major step in concretizing the transformation process of the business of trade in Tanzania. TanTrade is mandated among other things to implement the National Trade Policy, the National Export Development Strategy, the Trade Integration Strategy and the Agricultural Marketing Policy and other sectoral policies all which aim at developing and promoting Tanzania’s internal and external trade.
Following its launch in 2010, TanTrade has been going through a number of processes and making efforts to reposition itself to meet this big goal as evidenced by a number of change mileposts which include defining its own Vision, Mission Statement and the guiding Core values; redefining its functions different from those of the defunct Board of Internal Trade (BIT) and Board of External Trade (BET). In addition, the Authority (TanTrade) has been facing various operational challenges in implementing its current functions and organization structure. The most significant challenges include the need for the Authority to conduct its business in a way that meets the challenges of the day and of the future, some legal developments, changed global trade environment, and the need to refocus the sector to become a significant contributor to the growth of Tanzania’s economy and to the achievement of the objectives of Tanzania’s Vision: 2025. It is therefore necessary to review the current functions and organization structure to address the above challenges and to provide the Authority with efficacy structure that facilitates provision of quality services to the public.
The functions of the Authority as set out in the Act include:-
- advise the Government on matters relating to the formulation, development, supervision and implementation of trade policies and strategies;
- integrate and regulate the domestic market development;
- collaborate with other institutions in organizing production of products and offering of services;
- foster better market access conditions for Tanzanian products and services at domestic, regional and international markets;
- identify and advise on ways of overcoming bottlenecks in value chain pertaining to trade development; Tanzania Trade Development Authority
- offer appropriate advisory services and training to the business community on the management of domestic and foreign trade operations;
- inculcate and promote the export culture into the large section of small, medium and large enterprises through various means;
- establish and maintain trade database;
- encourage private sector to invest and develop expertise in establishing and managing warehousing facilities;
- co-operate with the investment facilitating institutions in ensuring that investments are directed towards value addition;
- promote or facilitate establishment of facilities and infrastructure for holding trade fairs countrywide;
- establish and maintain trade centers within and outside the country;
- organize trade fair and exhibitions, buyer seller meetings, contact promotion programmes, market research, supply surveys, product development and product adaptation within the country;
- promote the documentation and dissemination of information on any aspect connected with trade development carried out by the Authority or any other person or institution and may for this purpose publish newspapers, journals, periodicals, bulletins and operate radio and television programmes or perform any other activity designed to promote trade into any matter which is necessary or desirable for the efficient trade development and implementation of trade related Policies and Strategies;
- advise and assist the Government and any other institution in the selection and employment of local and foreign trade related consultants and advisors on matters related to trade development; Board of Directors Tanzania Trade Development Authority
- Authorize any person, organization or institution wishing to undertake within and outside Tanzania any international trade fair, exhibition and to facilitate, assist and where necessary provide consultancy and technical advisory services to such person, organization or institution.
- evaluate and monitor trade system and its performance; and,
- conduct market research, survey and monitoring
TanTrade’s service delivery is guided by the following core values:
- Professionalism - TanTrade observes professional ethics and standards in developing and delivering services to her clients.
- Teamwork Spirit - TanTrade cultivates teamwork spirit where every individual will share expertise and experience.
- Corporate Social Responsibility - TanTrade understands that it is part of the community and therefore values her active participation and contribution to community initiatives.
- Transparency and Accountability - TanTrade upholds the principle of integrity, good governance and accountability; and does not encourage corruption and discrimination of any kind in her service delivery.