Apply new job vacancy at Tanzania Investment Centre (TIC)-EXECUTIVE DIRECTOR,The United Republic of Tanzania was established in 1964 when the sovereign states of Zanzibar and Tanganyika united. Tanzania is 947,300 km2, which includes 54,337 km2 of inland water. The island of Pemba is roughly 984 km2 and the island of Zanzibar is 1,657 km2. One of the five countries in East Africa, Tanzania is located south of the equator.
Mainland Tanzania is situated between the area of Tanganyika, the Great Lakes of Victoria, Nyasa and the Indian Ocean. It boasts roughly 1,400 kilometers of coastline and is bordered by eight countries: Uganda, Burundi, Kenya, Rwanda, Zambia, Malawi, the Democratic Republic of the Congo and Mozambique. Due to six of these countries being landlocked, Tanzania provides natural access to the region. Between the years 2006 to 2014, Tanzania’s GDP grew at an average rate of 6.9%.
This growth record has been outstanding. It has ranked among the top 10 fastest-growing world economies and has been above the Sub-Saharan average of 5.2%The overall picture points to a prosperous future where the per capita income is growing at an average rate of 7%, thus raising the level of consumptive expenditure. The deficit balance of trade informs prospective investors that there is a huge potential to exploit and utilize available duty-free market opportunities in the European Union (EU), the United States of America and South Africa, to mention a few. For a period of 10 years, export value has grown by about 90% while imports recorded a growth of 70%. The headline inflation rate remained a single digit in 2014 and the first quarter of 2015. The inflation rate averaged 6.1% in 2014 compared to 7.9% in 2013.
JOB POST
EXECUTIVE DIRECTOR – 1 POST
APPLICATION TIMELINE
2022-10-06 2022-10-26
JOB SUMMARY
Manage and develop the Tanzania Investment Centre (TIC) to be an effective, efficient and credible institution that will promote Tanzania as an attractive and lucrative investment destination within the context of its Vision, Mission and Objectives.
DUTIES AND RESPONSIBILITIES
i) Providing pro-active leadership to the Centre through approved TIC Investment Facilitation and Promotion Policies, Regulations and Guidelines;
(ii)Monitoring the Centre’s performance periodically and providing guidance, direction and advocacy in order to achieve the set goals and objectives;
(iii)Approving the strategic and operational plans that markets the Centre to the Government and Investors;
(iv)Liaising with other relevant bodies with the purpose of providing strategic advice on the development of the country as a whole;
(v)Overseeing harmonization of the Investment promotion and facilitation policies and practices with a view to competitively place TIC as a first class regional and global Investment Promotion Agency;
(vi)Serving as Accounting Officer of the Centre and negotiates for adequate sources of funding from local and international sources to sustaining the Centre’s operations;
(vii)Monitoring Centre’s Performance in investment promotion through various directorate’s reports, interviews, discussion and queries;
(viii)Reporting quarterly and annual action plans, budgets and operational needs to the Centre’s Board;
(ix)Maintaining conducive work environment by advocating compliance to Government and Centre’s rules and regulations;
(x)Maintaining proper communication and relationship with relevant stakeholders through forums, exhibitions, media with a view to create, attract and maintain investment promotion awareness hence enhancing corporate image of the Centre’s;
(xi)Directing and overseing the coordination, planning and preparation of Budget for the Centre;
(xii)Planning, directing, organizing, monitoring and controlling all matters related to procurement in the Centre;
(xiii)Maintaining requisite skills by appointing, training, promoting, transferring, demoting, and dismissing staff through recommendation of such to the Board; and
(xiv)Serving as a Secretary of the TIC Board.
QUALIFICATION AND EXPERIENCE
- Master’s Degree in one of the following fields: Business Administration, Economics, Finance, Accounting, Marketing or Law from a recognized Institution. A candidate with Accounting profession must have CPA (T), ACCA, ACA, CIA or equivalent professional qualification recognized by the NBAA. Holding a PhD in any of the above field will be an added advantage.
- Must have at least ten (10) years working experience of which five (5) years should be in a Managerial position in a reputable organisation. Experience in investment promotion and facilitation will be an added advantage.