Foreign Exchange Rates

DStv Advert_020324

DStv Advert_020324

SBT Tanzania Advert_291123

Monday 27 September 2021

WHY TANESCO OVERHAUL WAS BOUND TO HAPPEN

Newly appointed TANESCO Managing Director, Maharage Chande (left) and Omari Issa, TANESCO Board of Directors Chairperson

Dar es Salaam - The government on Saturday overhauled the power utility firm in an effort to increase efficiency and unlock its potentials.

President Samia Suluhu Hassan appointed former Head of the disbanded Presidential Delivery Bureau, Mr Omary Issa, as the new Tanzania Electric Supply Company Limited (TANESCO) Board Chairperson, MultiChoice’s Maharage Chande to be Managing Director and transferred five senior officials from the financially-troubled state company.

The reforms were necessitated by the performance of the entity, which is marred by power outage complaints, political interference and debts approaching TShs 1 trillion.

The new top management and board members include members with vast experience from the private sector, signalling a move to embrace business culture in the company which enjoys monopoly of the power transmission and distribution.

The team also include people who worked with the disbanded Big Results Now (BRN) initiative which was established under President Jakaya Kikwete's administration to solve development challenges through quick and efficient results in the priority sectors – education, energy, agriculture, water, transport, health, business environment and resource mobilisation.

The Minister for Energy, Mr January Makamba, who has made remarkable comments about electricity supply since his recent appointment, hinted on the “major reforms” saying the company was operating like it was in the 19th century.

No comments:

Post a Comment