Tanzania is planning to launch its 5th oil and gas licensing round by the end of 2023 to revive interest in its exploration and production sector. The country has seen a decline in activity in recent years due to anti-private sector policies under the late President John Magufuli. However, since President Samia Hassan took office...
Tanzania’s large Oil & Gas company, Swala Tanzania Plc, has regretted announcing that it has started its liquidation process. Following the meeting of its creditors, who represent approximately 75% of its creditors, the meeting Mar 31, 2023, resolved that the Oil and Gas firm should be placed in liquidation. Swala Oil and Gas (Tanzania) plc...
By Hamza Bavuai, Unguja The 8th phase government in Zanzibar under the leadership of HE. Dr Hussein A. Mwinyi has prioritized deliberate efforts to attract investment in Zanzibar. A very tall order, all things considered, seeing as President Mwinyi took office in the middle of a global pandemic. The fact that a significant portion of...