Tanzania, Sept. 24 -- Dar es Salaam. In a quest to reform the country's economy, a new proposed investment act, tabled for the first reading, seeks to encourage and attract more trade and investments both local and foreign.

Speaking exclusively with The Citizen after the Parliament had been adjourned, Dr Ashatu Kijaji, Minister of Investment, Industry and Trade, explained that among other things, the new law is meant to encourage, nurture and increase local participation in the economy.

"President Samia Suluhu Hassan's aspiration is to see the country with suitable investment climate which attracts more business, so the proposed investment bill is one of the tools that will see the dream of our president [Samia Suluhu Hassan] be realise...