The annual general meeting (AGM) of the SAGCOT Initiative is a meeting of the general membership of the organization and the highest commanding body in the hierarchy of the initiative. The AGM comprises of the three founding organisations which are Agricultural Council of Tanzania (ACT), Confederation of Tanzania Industries (CTI) and Rufiji Basin Development Authority (RUBADA). These organizations are companies with shares in the Initiative
The Rufiji Basin Development Authority (RUBADA) is a philanthropic government organization established by the Act of Parliament No. 5 of 1975 and charged with the Multi-Sectoral responsibility of promoting, regulating, coordinating and facilitating sustainable and balanced by term ecological and socio-economic development in the sectors of energy, agriculture, fisheries, forestry, tourism, mining, industry, transport and environment in the basin.
Agricultural Council of Tanzania is the agricultural private sector apex organization in Tanzania. ACT unites all stakeholders. Farmer groups and associations, cooperatives, companies and institutions whose activities are related to agricultural industry; farming, livestock keeping, fisheries, beekeeping, and also people engaged as researchers, traders, processors, transporters etc.
ACT was established in 1999 under the name of the Tanzania Chamber of Agriculture and Livestock-TCAL. It is registered as a Company Limited by Guarantee. It was inaugurated in 2000 by then President William B. Mkapa. This organization changed its name to Agricultural Council of Tanzania-ACT in 2005.
The Confederation of Tanzania Industries is a Business Membership Organisation that was launched in July 1991. It is an independent, self-financed, legally constituted organisation that serves its members by speaking out on their behalf and generally representing their interests.
Given the unfriendly business environment that existed in the early 1990s, CTI identified few key issues as its priority for advocacy. These included fiscal policy and taxation, the legal and regulatory framework, regional and multilateral trade arrangements, and infrastructure, mainly electricity, roads, railways and ports.
The main aim of CTI is to ensure that there is a conducive legal, financial and economic environment within which industry can operate effectively, prosper and contribute to national wealth and development. CTI has been very active in advocating for a conducive business environment for its members so that they can become competitive.