TAWA Unveils Self-Reliance Plan with Projected Earnings of 189bn/-

What's Happening?

The Tanzania Wildlife Management Authority (TAWA) has announced a five-year revenue strategy aimed at achieving full self-reliance by the fiscal year 2027/28. The plan includes raising earnings to 189bn/- through initiatives such as improving tourism infrastructure, introducing new tourism products, and enhancing existing revenue sources. TAWA is finalizing plans to establish the Zanzibar Wildlife Park, expected to generate up to 5.0bn/- annually. Despite these efforts, TAWA faces challenges, particularly delays in receiving development funds, as it currently relies entirely on government allocations. The agency is seeking autonomy to collect and utilize revenues in areas it administers, starting with a mid-term review in December. Recent revenue increases have been attributed to the special wildlife investment concession areas model, with earnings growing from 55bn/- to 87.12bn/- in fiscal 2024/25.

Why It's Important?

TAWA's strategy is significant for Tanzania's economic and conservation efforts. By achieving self-reliance, TAWA can enhance tourism infrastructure, attract more investors, and boost conservation efforts. The establishment of the Zanzibar Wildlife Park and other initiatives are expected to generate substantial revenue, contributing to Tanzania's goal of becoming a leading tourist destination in Africa. The plan aligns with the National Development Vision 2025-2050, aiming to create a conducive investment and business environment. The strategy also promises employment opportunities and development projects for communities near protected areas, fostering local economic growth.

What's Next?

TAWA plans to conduct a mid-term review in December to evaluate revenue performance for the first half of the current financial year. The agency is advocating for government approval to collect and utilize revenues autonomously, which would help meet self-reliance goals. The signing of four strategic investment agreements under the SWICA framework reflects a major transformation in managing conservation areas, driven by creativity and professionalism. These agreements are expected to generate significant revenue over a 20-year period, supporting conservation efforts and unlocking economic potential.