Friday, 21 February 2014

End smuggling, investors urge govt

From The Citizen Daily, Dar es Salaam
By The Citizen Reporter

Mwanza. Manufacturers and other players in the economy have urged the government to embrace a holistic approach to curbing the menace of smuggling.

Manufacturers said apart from the negative impacts smuggling has on the development of local industries, it also denies the government of appreciable revenue.

Local investors attending the three-day forum raised concern over unabated smuggling of various products into the Lake Zone saying it deeply hurts local industries.

They raised the concern during the just ended Lake Zone’s Investor Forum, warning if not checked most of threatened industries may soon close down.

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