The Tanzania National Business Council (TNBC) pursues its functions through the following initiatives: –
1. THE NATIONAL BUSINESS COUNCIL
The National Business Council 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 BUSINESS COUNCILS
The Sectoral Business Council -SBC) facilitates technical dialogues between public and private sector on issues impacting business environment in respective economic sectors. The SBC is co-chaired by the Chief Executive Officer of the 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 Council (RBC) sets a 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 COUNCIL
The District Business Council (DBC) opens a window of Public-Private consultation 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
The Investors’ Round Table (IRT) comprises of CEOs of international and local business entities and Government officials under the chairmanship of the President of The United Republic of Tanzania. The IRT advises 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 DIALOGUE
The Smart Partnership Dialogue (SPD) is 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.