Page 15 - DMEA Week 49 2021

DMEA NEWS IN BRIEF DMEA

at the port. General to initiate the tendering process government through the Treasury Registrar
The Head of State said among the projects afresh. and the Ministry of Finance and Planning,
that she smelt rot at the beginning of her She added that it was high time to think of each holding 50 per cent of the company’s
presidency in March 2021, was the project companies which the government had a joint equity.
aimed at putting up fuel tanks at the country’s venture with. “What stunned me was the fact President Samia noted that in initiating
major port. that the government has 50 per cent in Puma development projects, TPS should think of
“After realising that this multi-million Energy Tanzania which has several unused engaging companies with partnership with the
shilling project was not favouring the fuel tanks, I wonder why it was important to government in order to increase performance.
national interests, I directed the TPA Director go into initiating a process to contract another “I want to reiterate that upon
General Erick Hamis to suspend the contract private company,” she pointed out. implementation of serious projects, the TPA
immediately, because the project was not The government owns a 50 per cent boss and the ministry should make sure that
viable to the nation,” she said. stake in Puma Energy, a globally integrated they keep their eyes on the projects, and
The president said that she was glad that midstream and downstream energy company ensure professionalism and accountability,”
the project was halted after her directives, operating in the country since 2011. she said.
at the same time, asked the TPA Director The company is jointly owned by the TANZANIA DAILY

Week 49 09•December•2021 www. NEWSBASE .com P15