Hussein Boffu runs a consultancy helps entrepreneurs like you build something you are proud of. Reach out to him via email at hussein.boffu@tanzaniapetroleum.com or by calling, texting, or WhatsApp at +255(0)655376543.
Building In an Unproven Location The success or failure of a petrol station largely hinges on its location. Many investors and entrepreneurs dive headfirst into buying land and constructing without thoroughly assessing the potential profitability and performance of the location. Later on, they find themselves scratching their heads, wondering why their station isn’t performing […]
In the dynamic world of the petroleum industry, success hinges heavily on one crucial factor: location. The strategic placement of petrol stations in areas with burgeoning demand and minimal competition can make or break a business. Yet, identifying these regions poses a significant challenge, necessitating substantial investment in market research, trend analysis, and competitor scrutiny. […]
Investors eyeing opportunities in Tanzania’s petroleum sector must recognize the critical significance of comprehending the regulatory landscape governing the importation of petroleum products. This article delves into why it’s crucial for investors to familiarize themselves with these regulations and how doing so can mitigate risks, foster compliance, and unlock the full potential of investment endeavors […]
Customers have a lot on their minds when they pull into a petrol station to fuel up their cars. But when it comes down to what truly matters most, it’s often the price of the fuel and the convenience of the station’s location that tops the list. According to insights from the fuel retailer organization […]
Petrol stations began as fuel stations, primarily for refueling cars with petrol or diesel. Over time, they evolved into service stations, offering additional services such as car repairs and washing facilities. As fuel margins decreased and competition intensified, petrol station owners began exploring ways to maximize profitability. This resulted in the introduction of non-fuel […]
The dynamics of the petrol station business in Tanzania and East Africa have shifted significantly. Gone are the days when investors or entrepreneurs could expect immediate 2X returns on their investments. With mounting investment costs and fierce competition, taking risks is no longer a viable option. In this landscape, securing the right petrol station […]
This week, Maggy Shino, Namibia’s petroleum commissioner, made a noteworthy announcement regarding Shell’s recent oil discoveries. The revelation includes 200 million barrels at Graff and 300 million barrels at Jonker, considerably lower than earlier estimations. Estimates Take a Dip In 2022, Upstream reported a surge in Graff’s recoverable oil resources to 400 million barrels, with […]
With the rising emphasis on environmentally friendly fuel alternatives, many petrol station owners are contemplating the integration of Compressed Natural Gas (CNG) into their services. This decision, however, warrants careful consideration. Let’s explore whether now is the opportune moment to introduce CNG at your petrol station. Firstly, it’s crucial to assess the local demand for […]
Starting a petrol station business in Tanzania involves dealing with a lot of paperwork, which can take up a good amount of time and sometimes feel a bit tricky. Especially when it comes to business licenses and permits – it can be a real puzzle! But don’t stress! This guide has got all the info […]
Business plans are like road maps: it’s possible to travel without one, but that will only increase the odds of getting lost along the way. Owners with a business plan see growth 30% faster than those without one, and 71% of fast-growing companies have business plans. Before we dive in, let’s define and go over […]
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Dar es Salaam, Tanzania
+255655376543
info@tanzaniapetroleum.com