SBL, Treasury deepen PPP push as Tanzania eyes US$1trn economy

By Business Insider Reporter

Serengeti Breweries Limited (SBL) has stepped up engagement with the government in a fresh push to strengthen public–private partnership (PPP) as Tanzania positions the private sector at the centre of its long-term economic transformation.

In high-level talks held on Tuesday in Dar es Salaam, SBL executives met with the Deputy Minister for Finance, Eng. Mshamu Ali Munde, to explore ways to sustain business stability, accelerate industrial growth, and deepen collaboration between policymakers and investors.

The brewer’s delegation was led by Board Chairman Paul Makanza and Managing Director Obinna Anyalebechi.

The meeting comes as the government sharpens focus on its new national development vision, Dira 2050, which targets building a US$1 trillion economy – with roughly 70 percent of the expansion expected to be driven by private sector investment.

During the talks held in Dar es Salaam, Treasury officials and the SBL leaders aligned on the need for a predictable fiscal and regulatory environment to unlock long-term capital and strengthen domestic manufacturing capacity.

“SBL is deeply embedded in Tanzania’s growth story,” Mr. Anyalebechi said during the meeting.

“Our investments go beyond manufacturing – they strengthen local industries, expand the tax base, support farmers, create jobs and build resilient value chains. A stable and predictable business environment is critical for long-term investment.”

Major taxpayer and investor

The discussions highlighted SBL’s growing footprint in Tanzania’s industrial economy. The company has invested more than TSh 165 billion in local operations in recent years, underlining its long-term bet on domestic production.

SBL currently contributes over TSh 220 billion annually to the national economy and holds more than 33 percent share of the country’s beverage market, cementing its position among Tanzania’s leading manufacturers and taxpayers.

Beyond factory investments, the brewer is increasingly positioning itself as an anchor player in agricultural value chains.

The company spends about TSh 15 billion each year sourcing nearly 20,000 tonnes of locally grown grains – a move that supports thousands of farmers, stimulates rural incomes and reduces reliance on imports.

This local sourcing strategy aligns with the government’s broader industrialisation agenda, which prioritises import substitution and value addition within the country.

Jobs and livelihoods

SBL’s economic footprint also extends into job creation and small business ecosystems.

According to the company, its operations support more than 800 direct and indirect jobs while impacting the livelihoods of over 140,000 people across its value chain – from farmers and distributors to retailers and hospitality investors.

The Deputy Minister for Finance underscored the importance of such private sector contributions to Tanzania’s economic transformation.

During Tuesday’s meeting at the Treasury, the Serengeti Breweries delegation was led by Board Chairman Paul Makanza (right) and Managing Director Obinna Anyalebechi (centre).

“The private sector plays a critical role in Tanzania’s economic transformation,” Prof Munde said. “The contributions of Serengeti Breweries Limited through taxes, industrial investment and social initiatives are commendable.”

He reaffirmed the government’s commitment to maintaining an enabling business environment and improving the ease of doing business, signalling openness to proposals presented during the meeting.

Long-term partnership outlook

The engagement reflects a broader shift by the authorities toward closer collaboration with major domestic investors as the country pursues faster, more inclusive growth.

For SBL, the talks reinforce its positioning not just as a beverage producer but as a long-term development partner in Tanzania’s industrialisation journey.

The company reaffirmed it will continue working closely with the Ministry of Finance to expand local value chains, deepen manufacturing capacity and support the country’s Vision 2050 ambitions.

Founded in 1988 as Associated Breweries, SBL is Tanzania’s second-largest beer producer and operates three breweries in Dar es Salaam, Mwanza and Moshi. The company has expanded significantly since a majority stake was acquired by EABL/Diageo in 2010, a move that strengthened capital investment and international standards in its operations. With policymakers and industry increasingly aligned on the central role of private capital, the latest SBL–government talks signal a shared urgency to translate partnership into sustained economic momentum.