Diaspora remittances rise steadily - minister

31May 2019
Polycarp Machira
DODOMA
The Guardian
Diaspora remittances rise steadily - minister

REMITTANCE from Tanzanians in the Diaspora has increased steadily as those who invested in the housing sector through the National Housing Corporation bought houses worth 2.53bn/- from July 2018 to March 2019.

The Minister for Foreign Affairs and East African Cooperation, Prof Palamagamba Kabudi.

The Minister for Foreign Affairs and East African Cooperation, Prof Palamagamba Kabudi stated in the National Assembly yesterday that between January and December 2018 the CRDB Bank obtained remittance totaling 2.8billion/- while Stanbic Bank received $ 921,627.16, Euro 7,050, 7,800 pounds and Swiss Francs 1,050.

 Tabling the 2019/20 ministerial estimates, the minister stated that the Tanzania National Parks Authority (TANAPA) collected $ 18,000 from 60 Tanzanians in the Diaspora.

“The increased remittances are due to engagement of the government with those in the Diaspora to participate in nation building activities,” the minister explained.

The ministry in collaboration with the Tanzania Diaspora Council (TDC Global) and the Swedish Sub-Saharan Africa Chamber of Commerce (SSACC) organized a conference that enlightened the Diaspora community on available investment opportunities, he said.

He asked the legislature to approve Sh 166.9bn for the 2019/20 fiscal year whereby Sh 162.9bn is for   recurrent needs and Sh 4.0bn is for development expenditure.

Speaking on the state of politics in Africa, he said in March 2019 xenophobia erupted in South Africa but maintained that no Tanzanian was injured in the fracas that targeted foreigners in major South African cities.

He thanked the South African government for actions taken to stop attacks on foreigners. “Through our envoy in South Africa, the government will continue with efforts to ensure Tanzanians in the country are safe and urge any of them who experiences violence to report to the embassy immediately,” he declared.

Prof Kabudi also affirmed that the government is closely monitoring developments in the United Kingdom (UK) following the confusion on the Brexit process as the UK is a close development partner for Tanzania.

On the conflict between Israel and Palestine, he said Tanzania supports the African Union (AU) position on the matter and will continue urging the warring parties to respect the recommended agreements.

He said Tanzania believes that the long lasting solution in the conflict is to have two countries living peacefully as free Palestine and peaceful Israel.

As part of ongoing enhancement of ties with Israel, the latter has offered 100 training positions for young Tanzanians to study modern agriculture for 11 months from September 2019, he said.

  Israel has made great advances in agriculture, especially modern agriculture, thus it has offered an opportunity for Tanzanians to learn from them, he told MPs.

Apart from studying modern agriculture, the batch of young Tanzanians will be handed subsistence allowances and other funds to start agro-based projects upon their return, he said.

The process to get the group of young people for the studies is underway, the minister added.