The Fair Competition Commission (FCC) has said that the favorable investment environment established by the government has helped attract many investors and strengthen business operations in the country.
Acting Director General of FCC, Khadija Ngasongwa, speaking after visiting the Commission’s pavilion at the ongoing 49th Dar es Salaam International Trade Fair (DITF), at the Sabasaba grounds, stated that the good investment environment has played a key role in protecting and enhancing the business sector.
Khadija said that the laws governing trade and investment in Tanzania are strong, effective, and robust.
"The purpose of establishing the Fair Competition Commission (FCC) is to oversee and improve the conduct of business in the country, protect consumers against unfair practices in business transactions between companies, and control counterfeit products," she said.
“We want to ensure that investors within the country understand that there are strong laws in place to protect and support the investments they are making.”
She emphasized that the FCC will continue to fulfill the directives of President Samia Suluhu Hassan in strengthening and improving the business and investment environment in the country.
Speaking about the ongoing 49th International Trade Fair at the Sabasaba grounds, Ngasongwa said their participation in the exhibition is a source of pride, urging visitors attending the event to seize investment opportunities.
Commenting on small-scale investors, Khadija noted that such businesspeople can collaborate with high-income or large-scale investors to run their operations jointly.
FCC is among the institutions that participate annually in the Dar es Salaam International Trade Fair, attracting a large number of visitors eager to learn about the Commission's various functions.
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