Swala Energy to seek Sh4.8 billion from IPO

>Tax exemptions are still on the rise and cost the government at least Sh4.6 billion in the past two years, according to tax analysts.

A global logistics firm, DHL Express, has invested at least 1.8 million Euros (about Sh3.9 billion) in Tanzania during the past two years as the firm expands its business in the country.

Tanzania: Sh4 Billion Uhuru Day Cash for City Road
AllAfrica.com
Dar es Salaam — President John Magufuli's decision to cancel this year's Independence celebrations has saved Sh4 billion, State House said yesterday. President Magufuli has now directed that the money be used for the expansion of a 4.3 kilometre ...

The sale of shares by Swala Oil and Gas (Tanzania) through initial public offer (IPO) is starting today as the company seeks to raise Sh4.8 billion.

There was optimism among the management of Swala Oil and Gas (Tanzania) PLC and stock market brokers that the company might perform well in its initial public offering (IPO) following a positive reaction reported on the first day.

Rising energy prices and supply constraints have forced mining companies operating in Africa to find new energy solutions that are affordable, consistent and secure.

Mkurugenzi Mtendaji wa Kampuni ya Mafuta na Gesi ya Swala (Tanzania) PLC, David Mestres Ridge (kulia), akizungumza katika mkutano na waandishi wa habari Dar es Salaam jana, kuhusu ufunguzi wa ofa ya awali kwa umma ijulikanayo kwa kifupi (IPO) ambayo itakuwa na hisa za kawaida,9,600,000. Kushoto ni Mkurugenzi Mkuu wa ARCH Financial $ Investment Adivisory Limited,Iyen Nsemwa. Mkurugenzi wa Kampuni ya Mafuta na Gesi ya Swala (Tanzania) PLC, Abdullah Mwinyi (katikati), akizungumza katika...

Mkurugenzi Mtendaji wa  Kampuni ya Mafuta na Gesi ya Swala (Tanzania) PLC, David Mestres Ridge (kulia), akizungumza katika mkutano na waandishi wa habari Dar es Salaam jana, kuhusu ufunguzi wa ofa ya awali kwa umma ijulikanayo kwa kifupi (IPO) ambayo itakuwa na hisa za kawaida,9,600,000. Kushoto ni Mkurugenzi Mkuu wa ARCH Financial $ Investment Adivisory Limited,Iyen Nsemwa. (Na Mpiga picha Wetu)

Mkurugenzi wa Kampuni ya Mafuta na Gesi ya Swala (Tanzania) PLC, Abdullah Mwinyi (katikati),...

Washington Post
Kenya's neighbours seek funding adviser for $4 billion railway
The Standard Digital News
(Reuters) Tanzania, Rwanda and Burundi are looking for an adviser to help them secure financing for a $4.13 billion railway project aimed at boosting cross-border trade in the region. The railway will link Tanzania's port city of Dar es Salaam with the capital ...
Tanzanian president warns Congo rebels to disarmHelena Independent Record

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