SABMiller FACES TAX SCANDAL | JamiiForums | The Home of Great Thinkers

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Discussion in 'Habari na Hoja mchanganyiko' started by cream.b, Dec 20, 2010.

  1. cream.b

    cream.b Member

    Dec 20, 2010
    Joined: Apr 17, 2010
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    AN international charity organization, ActionAid, has released a scathing report accusing the Tanzania Breweries Limited (TBL) parent company, SABMiller Plc, of evading taxes amounting to millions of pounds in African countries in which it operates, including Tanzania.

    According to the report titled; "Calling Time: Why SABMiller should stop dodging taxes in Africa," Tanzania could be losing up to 1.44 million Pounds (about 3.6bn/-) per annum from the said malpractices.

    SABMiller controls majority shares in TBL with 52 per cent, while its former business partner turned rival East African Breweries Limited (EABL) has a 20 per cent stake.

    The remaining 28 per cent stake is owned by the Tanzanian public through the Dar es Salaam Stock Exchange (DSE) where TBL is listed.

    The company also has controlling interests in Tanzania Distilleries Limited (TDL).

    Kazi tunayo hapa..
  2. M

    Misterdennis JF-Expert Member

    Dec 21, 2010
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    Msee, hukuipata hiyo report ya hiyo ngo, uitundike hapa, ingekuwa more meaningful.
  3. The Farmer

    The Farmer JF-Expert Member

    Dec 21, 2010
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