Tanzania Plans to Sell 49% of Power Utility Tanesco

• Tuesday, 5th January 2016
• by Egypt Oil & Gas

Tanzania’s government plans to sell 49% of shares in the state-owned power utility company, Tanzania Electric Supply Company (Tanesco), to the public this year, while retaining a controlling stake, AllAfrica rep...

Tanzania’s Tanesco Records $63m in Losses in 2015

• Monday, 28th December 2015
• by Egypt Oil & Gas

Tanzania’s national power utility Tanesco recorded a loss of over $63.978m (Sh200m) in 2015, believed to be inflicted mainly due to illegal connections of power supply and evasion of power payments, occurring in...