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From Misconduct to Liquidation: The troubled journey of Swala Tanzania Plc in the Oil and Gas Industry
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From Misconduct to Liquidation: The troubled journey of Swala Tanzania Plc in the Oil and Gas Industry

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...