Do’s and Don’ts
Even though Tanzania offers a huge potential, it is important to consider the following
Get to know the local economic, political and cultural context. Make good use of the knowledge and services offered by reliable local partners who are familiar with the African/Tanzanian way of business. It is of added value for entrepreneurs to travel to Tanzania and experience the country first hand.
In addition of the above, a good preparation is key. Therefore a proper market research should be carried out. Bear in mind that regulations, relations and situations might change during the course of the research. Therefore it is important to be flexible and adapt to the new circumstances.
This comes with managing expectations, especially regarding cultural and language differences, tax, law and regulations, bureaucracy, trade barriers, logistics and personnel.
Things do not move at the same pace as in European countries. People might not show up at meetings, or not at the agreed time. Staff is very volatile and personnel tends to change more frequently.