Private Sector’s Initiatives and the creation of Employment Opportunities: A case of the selected Business Firms in Dar es Salaam, Tanzania

Abstract

Abstract

The initiatives of the private sector's endeavors via company growth, education, and training were the main topics of this research, as well as how these initiatives have improved the creation of job opportunities in Tanzania. The study used a cross-sectional design and a mixed strategy, which let it gather information from three chosen commercial enterprises in Dar es Salaam city at one point in time. There were 193 respondents. Content and descriptive approaches were used to evaluate both qualitative and quantitative data sets. According to the study findings, enterprises in the prospective city were grown by the private sector, which also occasionally used these possibilities to train employees by giving them real-world experience, which ultimately led to employment opportunities. It was discovered that improving the provision of job opportunities required cooperation between the public and private sectors as well as mutual assistance in socio-economic operations. Therefore, initiatives by the private sector to create jobs are essential and need the required backing from the government. With varied supports and engagement in the creation of employment opportunities, the private sector is expected to satisfy certain requirements and incentives to contribute to the growth of employment.