President’s Manufacturer of the Year Awards winners revealed

The President’s Manufacturer of the Year Awards winners 2015/16 have been finalized yesterday in Dar es salaam during the prestigious awards ceremony which was presided by the president of the United Republic of Tanzania HE John Pombe Magufuli.

The President’s Manufacturer of the year Awards is an annual event that is organized by the Confederation of Tanzania Industries (CTI) to award the outstanding manufacturers of the preceding year. The Awards are given to companies in small, medium and large manufacturer categories that exhibit a high degree of economic impact. Bank M Tanzania plc is the main sponsor of this year’s event.

Speaking after presenting the awards and certificates to the winners, the president who is also a patron of CTI said that the countries which have done well in their economy mostly are due to industrialization by giving example of countries like China, India, south Korea etc. Mr. President assured those wish to invest in Industries in the country that he will fully support them. He also congratulated CTI for the initiative as well as Bank M for sponsoring the event.” If the industrial sector is improving automatically other sectors will also improve hence tax collection will go up”, said the president.

Speaking on behalf of Bank M, the Deputy CEO Ms. Jacqueline Woiso expressed the Bank’s satisfaction to the whole process, “we congratulate the president for your efforts to boost the economy, we also congratulate CTI for this initiative, as well as the winners. PMAYA plays a central role in the economic growth of Tanzania. By recognizing the industrial sector contribution, we believe that they will be encouraged to do even more. By so doing, such industries will prosper increase productivity as well as its contribution to the social welfare of the people by creating more employment opportunities and most importantly boosting our economy.”

Commenting on the event success, the CTI Executive Director, Leodeger Tenga, said the companies competing in this competition will enable the East Africans business community to expand the market space, and make the region more competitive via larger economies of scale. “Congratulations to all the winners”, Mr. Tenga said.

Tenga avowed by thanking the president for accepting being the guest of honour despite of his busy schedule and assured him that CTI will work hand in hand with the government in altering the country’s industrial sector.

Other sponsors, who have joined hands with CTI in this year’s event include Motisun Group, ITV, The Guardian, Nipashe, Radio One, Alaf, Serena Hotel, Cocacola, Mwananchi, The Citizen and Clouds. The event revealed the 2015/16 winning companies being Tanzania Breweries, other companies scooped the top most positions were Kioo Ltd and Alaf Ltd. Others are Petrolube, Star Oil, Kilimanjaro Cables Tanzania, Alliance Insurance Corporation, Alliance Life Assurance, East coast Oil, Bora Industries, Hanspaul Automax, Nyanza Mines Tz, Tanpak Tissues, Shellys Pharmaceuticals, Jambo plactics, 21 st Century Industries and Jaffery Industries Saini.

Bank M’s CEO (Designate) Ms. Jacqueline Woiso receiving an award and a certificate of appreciation from the President of the United Republic of Tanzania HE John Pombe Magufuli during the President’s Manufacturer of the year awards (PMAYA) held in Dsm yesterday which was organized by the Confederation of Tanzania Industries (CTI) in partnership with Bank M as the main sponsor. Looking on is the Min. for Industry, trade and Investment Hon. Charles Mwijage (left), CTI chairman Dr. Samuel Nyantahe (left to the president), CTI Vice Chairman Jayesh Shah and CTI Executive Director Leodegar Tenga (right).