Regulation and its impact on corporate management in Tanzania: a study of the sugar industry

This study tackles regulation from the angle of an emerging corporate phenomenon that has recently become more pronounced than it has been before, when the country embarked on general economic reforms starting mid 1980’s and the parastatal sector reforms early 1990’s. following the government’s resolve to relinquish direct control over the economy to pave way for the private sector’s greater participation in the country’s economic development, an alternative mechanism of ensuring state’s presence in the economic scene, even though in a remote way, had to be charted out. this mechanism is regulation. The study is centred on the sugar industry as a representative of various economic sectors that are regulated. the background to the emergence of regulation in the sugar industry helps to understand the subsequent experience in the sub-sector and how to tackle the challenges and improve on regulation going forward the study, the first in the Tanzania’s sugar industry, acknowledges the success that has been brought about by regulation. but is goes further to unearth legal and institutional challenges encountered in the process of regulating the sugar industry and their causes. recommendations on how to overcome the challenges and make regulation better and capable of delivering the desired results are provided.