Vol. 9 (2024): Private Sector Investment in Tanzania: A Viewpoint in the Creation of Employment Opportunities

This study assessed private sector investment and the creation of employment opportunities in Tanzania.The study employed a cross-sectional research design.The questionnaire was completed by 181 people,and the semi- structured interview was conducted by 16 people.The objective one,which assessed the level of private sector investment in the creation of employment opportunities,was analysed descriptively.With the aid of SPSS version 21, responses on the level of private sector investment in the creation of employment opportunities were captured using a five-point Likert scale. Objectives two on the challenges facing the private sector's investment and three on the best actions to be taken to improve the private sector's investment towards the creation of employment opportunities were analysed through content analysis.The study found that there was evidence that private sector investment in the study area resulted in job creation.However,private sector investment is hampered by difficulties that hinder Tanzania's efforts to create the required job opportunities.Hence,policymakers and the government should improve the operating environment for private sector investment and improve the communication mechanisms to capture private sector potential in employment creation in Tanzania.