COUNTDOWN FOR THE PRESIDENT’S MANUFACTURER OF THE YEAR AWARDS

Bank M’s CEO Jacqueline Woiso giving a brief to the press yesterday in Dar regarding the Bank's partnership with the Confederation of Tanzania Industries (CTI) in conducting this year’s President’s Manufacturer of the year award (PMAYA) which will be held over the weekend in the city. She is flanked by the CTI Executive Director Leodegar Tenga (right) and Alaf Marketing manager Theresia Mmassy.

The President’s Manufacturer of the year (PMAYA) Awards scheduled to be held on April 08, 2017 at the Serena Hotel Dar es salaam.

The President’s Manufacturer of the year Awards is an annual event that is organized by the Confederation of Tanzania Industries (CTI) in partnership with Bank M. Bank M has been the main sponsor of this event for a second year in a row. HE Samia Suluhu Hassan, Vice President of the United Republic of Tanzania will be the Chief Guest.

Speaking to the press yesterday, The Confederation of Tanzania Industries (CTI) Executive Director Mr. Leodegar Tenga said “PMAYA aims to recognize and appreciate the industrial sector’s important role in Tanzania’s economic development process. For the past twelve consecutive years, CTI has been staging this most prestigious members’ event covering all sectors of production and services”.

“This year’s competition has been improved by including Energy Efficiency Award. The award will also act as an opportunity to publicise the industrial energy efficiency actions across the country. CTI, DANIDA and GIZ are actively involved in promoting energy management and efficiency in industries e.g energy audits in industries recently done throughout Tanzania” added Mr. Tenga.

For the first time ever, non-members have also participated in this year’s competition. “In order to accommodate the advice given by our Patron the President of the United Republic of Tanzania H E John Pombe Magufuli, during the last PMAYA, we decided to widen the participation by allowing non-members to participate in the competition to make the contest more competitive” Tenga said.

The main objective of these awards includes recognizing the pertinent role of the industrial sector’s contribution to the national economy, to encourage and motivate investors in the industrial sector, to publicize the importance of the industrial sector in the country, raising the standard of business practices and promote sound corporate governance in the country etc.

Also Mr. Tenga thanked Bank M for coming on board once again this year to support the awards as the main sponsors.

Bank M’s CEO Ms. Jacqueline Woiso said that Bank M recognises the government’s efforts to boost the industrial sector in the country. “The Industrial sector plays a central role in the economic growth of Tanzania so we are proud to support the local manufacturing industry not only financially in banking services but also through this prestigious competition. 

PMAYA competition is one avenue that challenges corporate companies to improve on quality of products and services to the public, therefore, like we have raised the benchmark for provision of banking services in the country, we are positive that our involvement in this event will thereby benefit the community and the nation at large” concluded Ms. Woiso.

The awards introduced in 2005 with the aim of recognizing and appreciating the manufacturing sector’s important role in Tanzania’s economic development process.

The Awards are given to companies in small, medium and large manufacturer categories that exhibit a high degree of economic impact. About 400 guests from the private sector and government institutions will attend.

Ends.