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WCF Board Mandated to Drive National Vision 2050 Implementation for Enhanced Service Delivery

dailynews.co.tz
January 20, 20262 days ago
Sangu tasks WCF board to implement Vision 2050

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Minister Deus Sangu has directed the Workers Compensation Fund (WCF) Board to implement strategies for Tanzania's Vision 2050. The vision aims to strengthen inclusive social security, including the informal sector, to stimulate investment and job creation. Starting in July, a key focus will be promoting private sector-led economic growth and expanding WCF membership within this sector.

DODOMA: THE Workers Compensation Fund (WCF) Board of Trustees has been tasked to put in place strategies to begin implementing the National Development Vision 2050 in order to enhance service delivery and boost job creation, particularly in the private sector. Minister of State in the Prime Minister’s Office responsible for Labour, Employment and Industrial Relations, Mr Deus Sangu, said the government, through Vision 2050, aims to establish and strengthen an inclusive social security system that incorporates the informal sector. He said the move is expected to stimulate investment in development projects and expand employment opportunities for more Tanzanians. Mr Sangu made the remarks over the weekend, in Dodoma during a meeting with members of the WCF Board of Trustees. He informed the board that the government will begin implementing Vision 2050 in July this year, adding that within the social security sector, one of the key priorities will be to promote inclusive economic growth and job creation through the private sector. ALSO READ: Chiefs, citizens unite to defend peace The minister further noted that under the first five-year development plan, the private sector is expected to contribute 70 per cent of development financing. He, therefore, called on WCF to expand its membership base within the private sector to increase contribution levels. “Let us view the private sector as a key driver of economic growth. The WCF should design and invest in strategic projects that will accelerate job creation, attract more contributors and ensure the fund’s long-term sustainability,” Mr Sangu said. On her part, WCF Board of Trustees Chairperson, Ms Renata Rugarabamu, said the fund remains financially stable and continues to deliver services to workers with professionalism and efficiency. She added that WCF will continue compensating workers affected by work-related injuries and accidents, enabling them to reintegrate into society and continue contributing to economic growth. She noted that the fund’s value increased from 26bn/- in 2024 to 51bn/- in 2025, strengthening its sustainability. The meeting marked Mr Sangu’s first official engagement with the WCF Board since his appointment as the minister responsible for the social protection sector. Other institutions under the sector include the Public Service Social Security Fund (PSSSF) and the National Social Security Fund (NSSF).

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    WCF Board Tasked with Vision 2050 Implementation