TBL Group remains committed to making a significant contribution to the Tanzanian economy. Speaking in Mwanza, the company’s Managing Director Roberto Jarrin who was presenting an overview of his company’s contribution to the country’s economy to journalists said.
“In addition to contributing Tshs.384 Billion to the Government‘s revenue in 2015, we remain steadfast in our resolve to support all the industries that are linked to our business.
That is, from the farmers in the field to the consumers who buy our products.” In this regard, TBL Group will spend in excess of Tshs. 27billion/- in the agriculture sector through enabling thousands of Barley, Grapes, Sorghum and Maize farmers to grow in many ways.
This will include: providing them with seeds, extension services as well as facilitating them with access to credit. Banks that provide support to TBL’s partners in the agriculture sector include: CRDB, the National Microfinance Bank (NMB) and the Bank of Africa (BOA).
The company also plans to inject Tshs 150bn /- into the transportation sector this year for the collection and transporting of agricultural products from warehouses to its plants as well as the distribution of its finished products across the country. TBL Group’s financial year runs from April 1, 2016 to March 30, 2017.
The managing director goes on to say that TBL Group will continue to play a key role in the development of the commercial farming of barley, sorghum and maize crops in the country. The company sources Barley, Sorghum (both red and white), Sifted Maize Flour and Grapes from local farmers which are then used in the manufacture of its products. Jarrin reiterated his company’s commitment to enhancing the lives of farmers through connecting them to organisations such as the World Food Programme which then buys their surplus cereals - mostly sorghum and maize - which TBL Group is unable to purchase. For more CLICK HERE