Business
Dar firms worry over power bill
The recent electricity tariff hike in Tanzania has put Pankaj Kumar, chief operating officer at Aluminium Africa Tanzania Ltd, in a tight spot.
Posted Sunday, January 22 2012 at 14:08
The only relief for Tanzanian consumers and businesses is that the raise was far less than the 155 per cent hike that Tanesco had applied for last November.
Other sources told The EastAfrican that the actual increase was much higher “but the government is shouldering the 60 per cent to a tune of Tsh200 billion.”
Minister for Finance Mustafa Mkulo confirmed to The EastAfrican that the government had forgone a huge debt owed by the utility.
“It is our responsibility as government to see to it that consumers are at least cautioned instead of lumping all the costs on them and at the same time making sure that Tanesco continues to function,” said Mr Mkulo.
-
Pankaj Kumar should be more proactive and instead of wining, just invest in securing natural gas directly to supply his plant.
.
