The Tanzania National Business Council (TNBC) pursues its functions through the following initiatives: –
1. THE TANZANIA NATIONAL BUSINESS COUNCIL
The Tanzania National Business Council (TNBC) is made up of 40 members, 20 being selected from private sector and 20 from public sector. The President of The United Republic of Tanzania appoints all members and chair the National Business Council. The National Business Council is supported by an Executive Committee co-chaired by the Chief Secretary and Chairperson of Tanzania Private Sector Foundation (TPSF). The TNBC Secretariat serves all the Council meetings.
2. SECTORAL/ MINISTERIAL BUSINESS COUNCILS
The Sectoral Business Councils (SBCs) facilitate technical dialogues between public and private sector on issues impacting business environment in their respective economic sectors under the chairmanship of either the Minister or Permanent Secretary. The SBC also can take a form of Technical Working Group that is co-chaired by the representative from the Private Sector (including Sectoral Association) and Permanent Secretary of the sectoral Ministry. The members including technical officials from both public and private sectors in the respective areas of the sector.
3. REGIONAL BUSINESS COUNCILS
The Regional Business Councils (RBCs) set a sub national dialogue between Public and Private Sectors at the regional level. The main objective is to strengthen the bottom-up consultative process so as to identify and fix all issues of business environment in each region. Each RBC provides for equal representation of the private and public sectors at the regional level.
4. DISTRICT BUSINESS COUNCILS
The District Business Councils (DBCs) open a window of sub national Public-Private consultative dialogues for improving business environment at district level. Members of each DBC represent the interest of the private and public sectors at district level.
5. INVESTORS ROUND TABLE DIALOGUES
The Investors’ Round Table (IRT) dialogues comprise of CEOs of international and local business entities and Government officials under the chairmanship of the President of The United Republic of Tanzania. The IRTs advise the Government of The United Republic of Tanzania on potential reforms and initiatives to promote conducive and enabling business environment for inclusive and sustainable economic growth in Tanzania.
6. SMART PARTNERSHIP DIALOGUES
The Smart Partnership Dialogues (SPDs) are designed to promote principles and practice of the ‘Smart Partnership’ hub for enhancement of social and economic activities through win-win cooperation and collaboration between Governments and diverse private sector actors. The main objective of SPD is to enhance Government’s engagement with all sectors of the society in enhancing information, knowledge and expertise in finding solutions to sustainable development challenges. The SPD enables participants to explore smart partnership or relationships in its various forms and provides the platform for close interactions. Smart Partnership Dialogue is a relatively new consultation concept in the Tanzania.