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0 George Michael Uledi.
Kyela,Mbeya.
September 26,2021.
The ambush style of appointment made by President of Tanzania, Samia Suluhu Hassan by dissolving the Kraruzi’s Tanesco Board team and the appointment of the two prominent “game changers” in the new Board ,Mr. Nehemia Mchechu and Laurence Mafuru have sparked debates across social platforms.
Mr. Mchechu was fomerly recruited at NHC to undertake the restruction of the newly NHC following his good track record in restructuring the ailing Companies while Mr. Laurence Mafuru a Gulu in financial sector holding MBA of University of Dar, being worked with NBC Bank for years successfully!
The task ahead of them will be addressing the question on how much is required to meet the African Development Bank newly Mega Deal on Energy for Africa and Tanzania in particular? This goes hand in hand with addressing the issues of Tanzania’s power interconnectedness so that to faster the Tanzanian Development Vision by 2026.
Any new intervations requires availability of a well researsed based data to answer the question on how much avarage annual investment needed for the Tanzanian power sub-sector”Tanesco” to realise its vision.
While for Africa ,the avarage annual power generation investment is approximately to 29-39 Billion USD by 2025 to curb the problem of greenhouse gas,Tanzania through Tanesco must re -ask whether it’s power’s programs goes hand in hand with that goal.
According to New study published by Northeast Group,sub-Saharan Africa’s power sector need nearly up to 142 Billion USD investment between 2019-2028.
The newly Tanesco team need to maximamly strive to grab the huge share from this portion of 141 Billion USD investment data!
The newly Tanesco Management has to widely open it’s eye to make sure the issues of energy security,sustainability and investment becames of critical important as highlighted at the recenntly Powergen African Conference.
While more than 160 companies have joined forces with power Africa ,commiting over 40 Billion USD of investment in Africa energy market but Tanzania have not yet fully benefited out of that deal.According to the Power Africa Reports,Tanzania energy sector faces the challenges of poor sector governance,lack of creditworthly off-taker and lack of cost -reflective tarriffs among others.
The Board team should set to define their business trajectory as the new team after the dissolve of the MR Kraruzi’s team,the former Board Chair of Tanesco!
With over four years ahead,the new team should strive to build on raising TANESCO’s revenue,strategic re-investment, power access and affordability of the energy to many Tanzanians!
The Writter is a CCM’s Member,former Daruso-IJMC Vice President,former Tanzania Information Service Officer,Idara ya Habari-Maelezo,Former Officer Cadet at Tanzania Military Academy,Monduli Arusha,former Ass.Lecturer at Saut & University of Iringa and former CCM’s Contender at Kyela Constituency 2020.
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