Entries by Hussein Boffu

Connection for New Natural gas Pipeline from Mtwra will Led To Electricity Blackout

MANY parts of the country connected to the national grid will experience electricity blackout on Monday as all gas-powered turbines will be switched-off to pave way for connection of the new natural gas pipeline from Mtwara. The Tanzania Electric Supply Company Limited (Tanesco)’s Managing Director, Engineer Felchesmi Mramba, said the power interruptions will persist for […]

See Why in Tanzania there is the biggest increases in Demand for Natural gas

       The aboundance of natural gas reserves in Tanzania  attracts many investors , contractors, equipment suppliers  and consultant firms to offer business opportunities  in Tanzania.  This  implies that, natural gas will continue  to play an increasingly important role in meeting demand for energy in Tanzania.        There are many reasons for the long […]

Swala Concludes Agreement To Exist Zambia

Swala Energy Limited (“Swala” or “Company”) advises that, following a review of its assets and operations and as part of its continuing cost reduction exercise, it has decided to exit from Zambia so that it can continue to focus on its core areas of East Africa. To facilitate this action it has entered into an […]

Aminex reported a loss of $0.61 million for the six months ended 30 June 2015 – updated Tanzania operations

Aminex has announced its half-yearly report for the six months ended 30 June 2015 and provided an update on its operations in Tanzania. The loss for the period was $0.61 million compared with $4.74 million for the six month period ended 30 June 2014.HIGHLIGHTS: FINANCIAL$2.45 million (net of expenses) equity issue successfully completedCompletion of sale of […]