Tanzanian Business Assistance Pillar (15/07)

UPDATE ON KEY MILESTONES ACHIEVED:

• Most members have made significant efforts to raise awareness on interventions introduced to ensure operational continuity and support to their clients

• Members have embraced digital business approaches to maintain good connect with their clients and stakeholders

• On thought leadership, a few members have played a significant role in national / community forums which has resulted in driving positive sustainability interventions. These forums include: Bankers Association, CEO RoundTable, Tanzania Private Sector Foundation, Association of Tanzanian Employers, Construction & Hotel Associations and British Business Group

• Member organization, Standard Chartered Bank has provided minimum of 3 months relief measures for its Individual and Business Clients whose income and cash flows have been affected by the COVID-19 pandemic. Further, they have eliminated fees for low value digital transactions for individuals to promote use of e-money

• Chapter contributed to organizing an advocacy and insights engagement with our members on the following:

• Management of contracts, labor and employment matters in pandemic time

• Managing Covid19 @ Home when it hits you

• Budget 2020/21, important developments in the wake of Covid19

UPDATE ON PILLAR GOAL:

• Our YPO community in Tanzania [and beyond] has a critical role to play in creating a climate that enables businesses in distress to survive times of economic hardship and continue to operate in the economy. There is that success in this regard will build a market of future YPO leaders. Overall, partnering to create an enabling environment for business and customers survivability and growth.