Nguruvi3
Platinum Member
- Jun 21, 2010
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- #41
The Citizen Reporter
Dar es Salaam. Some 17 erstwhile public firms that were privatised under a plan initiated in 1993 in a bid to revamp production have so far been shut down after failing to deliver, a report released recently by a technical committee has revealed.The government had at that time decided to sell the wobbling public companies to private investors who, it was presumed, could revive them following the State's lack of capacity to run them.According to the report which has been submitted to the Parliamentary Public Organisations Accounts Committee (POAC), 17 firms out of 74 which were privatised have since stopped operations altogether.
Firms that have closed up shop after they were taken up by private investors have been listed as: Mwanza Tanneries, which was sold to Africa Trade Development Limited (Mwanza), Tanzania Bag Corporation Limited Mills owned by TPM (Kilimanjaro) and Morogoro Ceramics Ware Ltd which had gone to Hans Nails Ltd (Arusha).
Others include: Morogoro Shoes Co. Ltd sold to Guled Shoe Co. Ltd (Morogoro), Zana za Kilimo Mbeya that went to CMG Investments Ltd (Mbeya), Arusha Metal Industry bought by Mr Mfahamiko (Arusha) and Mbeya Ceramics Company that is in the hands of Kyela Valley Food Ltd (Mbeya).
The list also include Nyanza Engineering and Foundry bought by Nyanza Cooperative Union and Mwanza Municipal Council (Mwanza), Kilimanjaro Textile Mill Ltd that went to Iron and Steel Co. Ltd (Arusha), Musoma Textile Mills that was bought by Kiltex Ar/METL (Mara) as well as Polysacks Co. Ltd which went to Prebond Ltd (Dar es Salaam). There were also Tractor Manufacturing Co. Ltd that went into the hands of Quality Group Ltd (Dar es Salaam), Steel Rolling Mills bought by Unique Steel Rolling Ltd (Tanga), Rukwa RTC bought by Rukwa (2000) Ltd (Rukwa), LRT Motors that went LRT (2000) Motors Co. Ltd/MEBO Co (Dar es Salaam), Ubungo Garments Ltd bought by VMB Holdings Ltd (Dar es Salaam) and Moshi Hand Tools (Kilimanjaro).
At the same time, the report shows that 42 privatised firms have been performing well while there are 15 others, which are operational but performing dismally.
According to the report, most investors have failed to comply with conditions in the contract they signed with the government. The committee suggested that the government should repossess the factories that have failed to deliver.The report also discloses that several investors were no longer showing interest in the revival or development of the erstwhile State firms and have instead left machineries and buildings to lie derelict.
Analysing the situation at the Mangula Mechanical and Machines Tools Limited (MMMT) which went to St Mary's International School in February, 2007, the report shows that the investor has totally failed to develop the factory as agreed and in its proposal has asked the government to terminate the contract.
According to the report, several machines were removed, buildings destroyed while heavy machineries were abandoned, paving the way for scrap metal vandals.Some of the private companies never bothered to even get started after the factories were handed over to them over a decade ago.
The report also states that Mwanza Tanneries Limited, which was privatised by Tanzania Leather Association Industries (TLAI) and African Trade Development Ltd has also stalled.The report notes that the investor has so far done nothing to develop the factory and that there was no sign anything would be done about it soon.
"Many machinery including the effluent treatment plant (ETP) have been stolen and the remaining machines are in bad shape, most of premises have been converted to a garage and a store for mining machinery owned by Caspian Ltd," reads a part of the report.
However, it was established that in other areas the committee failed to get the contract and other documents, which were used during the privatisation of some of the firms.According to the report, the committee has failed to get a contract, which was signed between the government and the Pure Bond Limited during the selling of Morogoro Ceramics Limited in 1993.
But the report states that the firm was sold at Sh452 million and that the investor was allowed to transport the machinery to Nigeria."The factory has been abandoned and there is no single activity taking place in the premises since all machinery has been removed," reads a part of the report.
Moreover, the committee established that some investors have switched to operations other than those they were expected to carry out.According to the report, the Polysacks Company Ltd (BAGCO LTD) was now a warehouse for salt produced by the Kensalt factory.
The committee reveals that generally, in many cases, investors have violated the terms and conditions of contracts, but since there were many weaknesses during the signing of the agreements; the government has little chances of repossessing the firms.
The 99-page report advises the government that there is a need to terminate contracts with all non-performing investors."It should write letters to all investors forbidding anyone to destroy or take away any machinery. It should also order those who owe the government money to pay with immediate effect," the report recommends
My take:
Taarifa hii inatueleza nini ambacho hatukijui leo hii. Ni taarifa nzuri sana na ninachosema hapa ni kuwa madudu mengi hayakuanza leo. Kuna watu walishaoinunua 'system' na kila panapotajwa uchafu majina yao yanajitokeza.
Hebu tuiangalie halafu turudi mezani na kuchambua mstari mmoja mmoja ili baada ya hapo tupate jibu juu ya mwalimu na kufeli kwake. Ili baada ya hapo tuweze kumpa mwl pass mark zake kama ni 0, 10, 20, 40, 50, 60, 80 au 100.
Kama hatutatoa pass mark, nitarejea hapa kuhoji, amefeli nini? na kipi kimefaulu!
Tusemezane
Dar es Salaam. Some 17 erstwhile public firms that were privatised under a plan initiated in 1993 in a bid to revamp production have so far been shut down after failing to deliver, a report released recently by a technical committee has revealed.The government had at that time decided to sell the wobbling public companies to private investors who, it was presumed, could revive them following the State's lack of capacity to run them.According to the report which has been submitted to the Parliamentary Public Organisations Accounts Committee (POAC), 17 firms out of 74 which were privatised have since stopped operations altogether.
Firms that have closed up shop after they were taken up by private investors have been listed as: Mwanza Tanneries, which was sold to Africa Trade Development Limited (Mwanza), Tanzania Bag Corporation Limited Mills owned by TPM (Kilimanjaro) and Morogoro Ceramics Ware Ltd which had gone to Hans Nails Ltd (Arusha).
Others include: Morogoro Shoes Co. Ltd sold to Guled Shoe Co. Ltd (Morogoro), Zana za Kilimo Mbeya that went to CMG Investments Ltd (Mbeya), Arusha Metal Industry bought by Mr Mfahamiko (Arusha) and Mbeya Ceramics Company that is in the hands of Kyela Valley Food Ltd (Mbeya).
The list also include Nyanza Engineering and Foundry bought by Nyanza Cooperative Union and Mwanza Municipal Council (Mwanza), Kilimanjaro Textile Mill Ltd that went to Iron and Steel Co. Ltd (Arusha), Musoma Textile Mills that was bought by Kiltex Ar/METL (Mara) as well as Polysacks Co. Ltd which went to Prebond Ltd (Dar es Salaam). There were also Tractor Manufacturing Co. Ltd that went into the hands of Quality Group Ltd (Dar es Salaam), Steel Rolling Mills bought by Unique Steel Rolling Ltd (Tanga), Rukwa RTC bought by Rukwa (2000) Ltd (Rukwa), LRT Motors that went LRT (2000) Motors Co. Ltd/MEBO Co (Dar es Salaam), Ubungo Garments Ltd bought by VMB Holdings Ltd (Dar es Salaam) and Moshi Hand Tools (Kilimanjaro).
At the same time, the report shows that 42 privatised firms have been performing well while there are 15 others, which are operational but performing dismally.
According to the report, most investors have failed to comply with conditions in the contract they signed with the government. The committee suggested that the government should repossess the factories that have failed to deliver.The report also discloses that several investors were no longer showing interest in the revival or development of the erstwhile State firms and have instead left machineries and buildings to lie derelict.
Analysing the situation at the Mangula Mechanical and Machines Tools Limited (MMMT) which went to St Mary's International School in February, 2007, the report shows that the investor has totally failed to develop the factory as agreed and in its proposal has asked the government to terminate the contract.
According to the report, several machines were removed, buildings destroyed while heavy machineries were abandoned, paving the way for scrap metal vandals.Some of the private companies never bothered to even get started after the factories were handed over to them over a decade ago.
The report also states that Mwanza Tanneries Limited, which was privatised by Tanzania Leather Association Industries (TLAI) and African Trade Development Ltd has also stalled.The report notes that the investor has so far done nothing to develop the factory and that there was no sign anything would be done about it soon.
"Many machinery including the effluent treatment plant (ETP) have been stolen and the remaining machines are in bad shape, most of premises have been converted to a garage and a store for mining machinery owned by Caspian Ltd," reads a part of the report.
However, it was established that in other areas the committee failed to get the contract and other documents, which were used during the privatisation of some of the firms.According to the report, the committee has failed to get a contract, which was signed between the government and the Pure Bond Limited during the selling of Morogoro Ceramics Limited in 1993.
But the report states that the firm was sold at Sh452 million and that the investor was allowed to transport the machinery to Nigeria."The factory has been abandoned and there is no single activity taking place in the premises since all machinery has been removed," reads a part of the report.
Moreover, the committee established that some investors have switched to operations other than those they were expected to carry out.According to the report, the Polysacks Company Ltd (BAGCO LTD) was now a warehouse for salt produced by the Kensalt factory.
The committee reveals that generally, in many cases, investors have violated the terms and conditions of contracts, but since there were many weaknesses during the signing of the agreements; the government has little chances of repossessing the firms.
The 99-page report advises the government that there is a need to terminate contracts with all non-performing investors."It should write letters to all investors forbidding anyone to destroy or take away any machinery. It should also order those who owe the government money to pay with immediate effect," the report recommends
My take:
Taarifa hii inatueleza nini ambacho hatukijui leo hii. Ni taarifa nzuri sana na ninachosema hapa ni kuwa madudu mengi hayakuanza leo. Kuna watu walishaoinunua 'system' na kila panapotajwa uchafu majina yao yanajitokeza.
Hebu tuiangalie halafu turudi mezani na kuchambua mstari mmoja mmoja ili baada ya hapo tupate jibu juu ya mwalimu na kufeli kwake. Ili baada ya hapo tuweze kumpa mwl pass mark zake kama ni 0, 10, 20, 40, 50, 60, 80 au 100.
Kama hatutatoa pass mark, nitarejea hapa kuhoji, amefeli nini? na kipi kimefaulu!
Tusemezane