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PRIVATE SECTOR DEVELOPMENT AND INVESTMENT DEPARTMENT
Head of Department, Act. Director: Victor P Mwainyekule
Assistant Director: Ezamo S. Maponde
Assistant Director: John R. Mboya
Assistant Director: Victor P. Mwainyekule

Objective
To coordinate and provide guidance on private sector development and investments.

Functions
-To prepare policy and legal framework and strategies for private sector development and investment and monitor the implementation;
-To undertake research on private sector development and investments;
-To oversee the implementation and review of the national investment policy;
-To promote investment climate in the country so as to attract foreign investors;
-To establish a strategic interface between public and private sector investment in order to actualize the identified growth potentials;
-To analyse information about investment opportunities and sources of investment capital;
-To advise the Government on measures to enhance investment climate in the country for both local and foreign investors;
-To prepare guidelines and strategies for both foreign and local investment; and
-To promote investment within the productive and economic services sectors.

The Department has three sections as follows:
-Private Sector Development Section;
-Private Sector Investment Section; and
-Better Regulation Section.

Private Sector Development Section
The Section will perform the following activities:
-Prepare, review and monitor implementation of Private Sector Development policies;
-Work closely with other sector to improve and empower private sector competitiveness;
-Coordinate research on Private Sector development issues
-Provide advise to the Private Sector;
-In collaboration with other pertinent institutions, promote conducive investment climate in the country for the growth of the Private sector; and
-Advise the Government on measures that can enhance the growth of the private sector.

Private Sector Investment Section
The Section will perform the following activities:
-Initiate, review and monitor the implementation of Investments Policy;
-Coordinate research on investment;
-Advise the Government on measures that can enhance investment climate in the country;
-Identify and analyse growth potentials and strategies to attract investors;
-Prepare and review guidelines and strategies for investment; and
-Create conducive environment for the Diaspora to invest in the country.

Better Regulation Section
The Section will perform the following activities:
-Initiate, review and monitor implementation of best practices in private Sector development;
-Advice on policy, legal and regulatory constraints to private sector development;
-Initiate adoption of modern instruments and approaches particularly the -Regulatory Impact Assessment, Regulatory Simplification and
-Regulatory Guillotine in policy and legal regulation framework;
-Regular review of the investment environment; and
-Supervise and monitor implementation of the Business Environment
-Strengthening (BEST) and Private Sector Competitiveness Project

(PSCP

 
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