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Corporate Profile

We are not in ordinary times. Tanzanians have come from a background of considerable control of their national economy. But globalization and market driven forces have destroyed the structures of our economic control, resulting into economic reforms and privatization that have combined to create dangers of increased marginalization of Tanzanians. The option to deny the current forces of change is not available to Tanzanians. Thus, these compelling socio-economic conditions now make it necessary for Tanzanians to focus urgently into the realities of the future so that a vision for necessary change does not founder on the rocks of memory. That is where NICO comes in.

NICO’s solemn mission is designed to bring about a radical enhancement of the participation of the Tanzanian people in their national economy. Its principal mission is to provide a vehicle for collective ownership of economic activities by Tanzanians capable of generating high returns on their investment. It is also an entity that should help restore a sense of greater involvement and participation and control by Tanzanians in their national economy.