Issue 331 - 30 Sep 2016
US developer Symbion Power has sharply criticised
Tanzania Electricity Supply Company (Tanesco) for what
it says is its continued failure to pay for power supplied
by the Ubungo plant. Despite losing a separate arbitration case
brought by Standard Chartered Bank, the utility remains
intransigent in its dealings with Symbion. But Ubungo has been
shut down for several months and another big arbitration case
could be on the cards, with all the accompanying bad press for
President John Magufuli’s clean-up campaign.
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