Consul’s message
Message from the Honorary Consul
It is an honour and a privilege to be appointed the Honorary Consul for the United Republic of Tanzania in Denmark and to lead Tanzania’s diplomatic, cultural and business relations in Denmark. Our goal is to consolidate and enhance the more than 60 years of relations between Tanzania and Denmark. Whilst we continue to appreciate the development assistance provided by Denmark over the past many decades, the Tanzanian focus and interest is on mutual, reciprocal, and bilateral economic investment, trade, and tourism, among others.
Whilst many of the different parts of the world are in turmoil, Tanzania remains a Haven of Peace with uninterrupted political security and stability.Thus there is a conducive climate for doing business with Tanzania. The economy has performed well and continues its pattern of steady real Gross Domestic Product (GDP) growth and its low and stable inflation rate. The inflation rate has fallen from over 30% in the early 1990s to a single digit currently (6-7%).
In the mining sector, Tanzania is the third-largest gold producer in Africa behind South Africa and Ghana and ranks among the top producers of diamonds in the world. The tourism sector has grown rapidly with the number of tourists more than doubling since 1991.
Tanzania is strategically located in East Africa with a population of over 44.9 million (2012 est.) people. It has eight neighbors and a long coastline bordering the Indian Ocean. Tanzania’s geographical location assures a potential investor a large and ready market in both the context of the East African Community (EAC) and the Southern African Development Community (SADC). This means one investment destination of 143 million (EAC) and 277 million (SADC) people.
The Tanzania Investment Act No. 26 of 1997 establishes the Tanzania Investment Centre (TIC) as a one-stop center to coordinate and facilitate investment in the country. The legislation guarantees unconditional transfer of capital, profit and other benefits by the investors. It guarantees against the expropriation of business enterprises and provides for settlement of disputes including resort to the arbitration procedure of the International Centre for the Settlement of Investment Disputes (ICSID) of the World Bank. This is the user-friendly environment that prevails in Tanzania today.
Tanzania is open for business, and it is open to those who love the sun, sea and sand.
Karibuni Tanzania!
Mr. Simon C. Mears
Honorary Consul / Head of Mission / Balozi wa Heshima
Consulate of the United Republic of Tanzania in Denmark