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- Aug 2, 2010
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Friday, Sept 30th 2011
Grumeti Reserves Ltd is owned by an American tycoon Paul Tudor Jones
Councillors from Serengeti district have agreed to sign a co-operation deal with Grumeti Reserves Ltd which operates in the western parts of the Serengeti.
Signing of the Joint Venture Agreement (JVA) was adjourned during last minutes on Monday after Natta ward councillor Mr Jumanne Kwiro claimed that he was not aware on the document's key issues.
The district council was forced to return the document to the finance committee on Tuesday where it received blessings, according to the District Council Chairman Mr John Ng'oina.
"There was no problem with the other councillors and in fact they seemed to be taken by surprise by Kwiro's position and we are looking forward to signing the agreement next week because every councillor is happy with this agreement," Mr Ng'oina told the ‘Daily News.
Signing of the agreement will end unofficial oral agreements between the council and the US investor since 2009, something which is said to have hampered the execution of some of the projects the company committed to support in the area.
Reports have it that the top management of Grumeti Reserves is eagerly waiting to sign the deal, hoping that it will help to improve their relationships with the surrounding local communities.
The deal will among other things help to transform Mugumu town into a tourist hub as well as supporting construction of a modern airport that will enable tourist to land direct in Mugumu before visiting the world famous Serengeti National Park.
It will also push the company to invest heavily on community development projects in the district in areas of education, health and water. The deal will also include 200m/- that the company gives the district council annually as compensation fees for its hunting quotas.
In the past the council has been earning 400,000/- from hunting activities in the open areas located near the company's area of operation.
Grumeti Reserves Ltd is owned by an American tycoon Paul Tudor Jones who has invested heavily on conservation and tourism sectors in the western parts Serengeti over the past few years. The US billionaire has set up three luxurious lodges that attract highly paying clients from mainly overseas. The lodges are Sasakwa, Farufaru and Sabora.
By MUGINI JACOB, Tanzania Daily News
Grumeti Reserves Ltd is owned by an American tycoon Paul Tudor Jones
Councillors from Serengeti district have agreed to sign a co-operation deal with Grumeti Reserves Ltd which operates in the western parts of the Serengeti.
Signing of the Joint Venture Agreement (JVA) was adjourned during last minutes on Monday after Natta ward councillor Mr Jumanne Kwiro claimed that he was not aware on the document's key issues.
The district council was forced to return the document to the finance committee on Tuesday where it received blessings, according to the District Council Chairman Mr John Ng'oina.
"There was no problem with the other councillors and in fact they seemed to be taken by surprise by Kwiro's position and we are looking forward to signing the agreement next week because every councillor is happy with this agreement," Mr Ng'oina told the ‘Daily News.
Signing of the agreement will end unofficial oral agreements between the council and the US investor since 2009, something which is said to have hampered the execution of some of the projects the company committed to support in the area.
Reports have it that the top management of Grumeti Reserves is eagerly waiting to sign the deal, hoping that it will help to improve their relationships with the surrounding local communities.
The deal will among other things help to transform Mugumu town into a tourist hub as well as supporting construction of a modern airport that will enable tourist to land direct in Mugumu before visiting the world famous Serengeti National Park.
It will also push the company to invest heavily on community development projects in the district in areas of education, health and water. The deal will also include 200m/- that the company gives the district council annually as compensation fees for its hunting quotas.
In the past the council has been earning 400,000/- from hunting activities in the open areas located near the company's area of operation.
Grumeti Reserves Ltd is owned by an American tycoon Paul Tudor Jones who has invested heavily on conservation and tourism sectors in the western parts Serengeti over the past few years. The US billionaire has set up three luxurious lodges that attract highly paying clients from mainly overseas. The lodges are Sasakwa, Farufaru and Sabora.
By MUGINI JACOB, Tanzania Daily News
