The National Economic Empowerment Act which established NEEC defined Economic Empowerment as deliberate and affirmative action and measures undertaken by the Government for the purpose of promoting and enhancing knowledge, skills, economic prowess and financial prudence of Tanzanians to enable them to meaningfully participate in economic activities. Also that, it includes all plans strategies, policies and measures taken to achieve the goal, be it by public or private sector. On the other hand the National Economic Empowerment policy identifies the challenges of empowerment (pillars) which are also, at the same time, the opportunities for consistent empowerment of the majority of our people. The key pillars are;
The modus operandi, players, expected results and methods of assessment of achievement (Monitoring and Evaluation) of the key intentions/pillars are comprehensively presented in the crafted National Multisectoral Strategic Framework for Economic Empowerment (NMFSEE). The key purpose of having the NMFSEE is to ensure that there is inclusive involvement, collaboration and participation of all players in the empowerment process of Tanzanian citizens and the building of the economy. NEEC is also involved in regular collection of information of key empowerment players and the initiatives or efforts they are spearheading. Such information is used in updating the Empowerment database of players and subsequently to enable preparation or updating of the “Uwezeshaji” Directory whose purpose is to reflect on the magnitude of economic empowerment efforts countrywide and to enable easier access to such information by relevant users, including the “wananchi”. Furthermore NEEC by virtue of its mandate has established an Empowerment Register which is a list of clients (individuals, companies, organizations, cooperatives etc.) who collaborate directly with NEEC for the purpose of furthering their economic empowerment goals. In turn NEEC plays the role of linking them with Financial Institutions, provision of technical advice and monitoring of their performance. Through consultation with stakeholders NEEC has initiated a number of collaborative programmes and projects,NEEC in partnership with other public and private stakeholders in and outside the country is coordinating, facilitating, supervising, monitoring and evaluating implementation of the different programs towards empowering Tanzanians economically focusing specifically in job creations and income generation. Such initiatives include the National Entrepreneurship Training Framework (NETF); the East, Central and Western Tanzania Asali Corridor Programme for Sustainable beekeeping; the Young Graduates Entrepreneurship Clinic (YGEC) and the kijana jiajiri programme.
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