TSN PLANS TO BE MEGA-PROFIT MAKING PUBLIC INSTITUTION

TSN Managing Editor, Dr Jim Yonazi.

Tanzania Standard (Newspapers) Limited (TSN) plans to be a mega- profit making government institution, including improving its printing press to enhance quality of its publications and position itself well to cope with competition in the media industry.

TSN is a governmentowned media company that publishes the ‘Daily News’, ‘Sunday News’, ‘HabariLeo’ and ‘HabariLeo Jumapili’ as well as the sports bi-weekly ‘SpotiLeo’. TSN Managing Editor Dr Jim Yonazi outlined the company’s business plan on Monday when he appeared before the Parliamentary Public Investments Committee (PIC).

“In fact we are a businessoriented company and we are putting measures in place to make sure that we increase efficiency in business,’’ he told the committee.

Dr Yonazi said the company’s strength has for a long time depended on advertisements, adding that its market has been relying on ministries and other government institutions. According to him, the competition in the market prompted the establishment of an online department “to ensure clients get the news as it occurs’’.

He added: “Although there have been many challenges, we have been making sure that we attain the set goals, including working closely with newspaper vendors so that clients can access our products timely as well as doubling our sales’’.

According to the ME, the company was planning to have a new printing press as the current one was getting older because it has been in operation for the last ten years. He said currently, the company has a total of 204 employees and 50 retainers.

On outstanding debts, he explained, the company was trying its best to ensure that all the money that it owes its various customers is collected.

Daily News