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Majority of companies laying off workers in Tanzania

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The Minister for Industry, Trade and Investment, Charles Mwijage, has said the current ongoing retrenchment facing the majority of workers in the country is mostly attributed to the mild world recession and not the government’s austerity measures.

He said this during the 58th Association of Tanzania Employers (ATE) annual general meeting that was held on Thursday in Dar es Salaam.

According to him, the mild recession is painful and hurts the economy more than the real recession.

“The public should not blame the government for what is happening as this is happening everywhere in the globe; even China has had its effects after it produced more steel than it could consume,” he said.

In view of this, he said the government was currently repositioning the national economy by cutting unnecessary duties and taxes to allow more investments and ultimately more employments.

He, therefore, called on the private sector to reposition their companies so as to avoid laying off their employees, unless it cannot be avoided.

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