Tanzania sold oil license to purchase an air slaughter house(ATCL)

Kevin85ify said:
Chinese firm 'gifted' oil licences


[IMG alt="
An Air Tanzania airplane. Photo/FILE"]https://www.theeastafrican.co.ke/im...maxw/600/-/r1fy3pz/-/home+sub+2+pix.jpg[/IMG]
An Air Tanzania airplane. Photo/FILE


With Chinese firms operating in Tanzania already in the spotlight in the wake of the World Bank banning of three of them over a bribery scandal in the Phillipines, it has now emerged that some senior officials acted inappropriately in giving oil exploration rights to China Sonangol International Holding Ltd in exchange for the latter’s purchase of 49 per cent shares in the national airline.

Tanzania Petroleum Development Corporation (TPDC) offered the Chinese government-owned Sonangol International rights for exploration in Rukwa in exchange for $21 million to purchase a plane.
In return, the sources said, the Chinese injected $21 million into ATCL, which was used to purchase two used Bombardier 70-seater Dash 8 Q400 turboprop aircraft from Bombardier Aerospace Inc. of Canada for $16.2 million each. The remainder of the funds for the purchase of the aircraft came from the government.

The term of agreement will also see Sonangol International buy Airbus and Embarer aircraft for ATCL. The Chinese company also has a 30 per cent shareholding in SonAir of Angola,
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Upuuzi mtupu
 
Kevin85ify said:
Oil for a plane if that is not the acme of stupidity i do not know what is. This is the same approach to economics that has rendered your economy a back water swamp unable to compete.
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Is very easy to buy those birds, only you need is to deal with this disease below
 
joto la jiwe said:
Is very easy to buy those birds, only you need is to deal with this disease below
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Ha hahaha, jambojet bought four of those without any help. You guys had to beg the chinese to give you $21 million to buy the planes and you sold oil licenses to the chinese in exchange. such a stupid move.
 
Tanzania you can learn from Kenya on how to handle your matters and how to preserve your self respect as a country.

 
REDEEMER. said:
ATCL got back on the skies in 2016
Your gibberish is of 2009
Thick skull
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Ha hahahaha, you have no clue how your government bought those flying butcheries. You sold your oil license to the chinese.
 
Kevin85ify said:
Ha hahaha, jambojet bought four of those without any help. You guys had to beg the chinese to give you $21 million to buy the planes and you sold oil licenses to the chinese in exchange. such a stupid move.
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But we bought six new planes at a go, which coated us around $800M, if Chinese gave us $21M, who gave us the remaining $779M?, please come up with better chorus
 
Geza Ulole said:
www.reuters.com

Child sex for a dollar on Kenya's palm-fringed beaches

Sixteen-year-old Fatma doesn't bat an eyelid when asked what she has been doing since dropping out of school two years ago.
www.reuters.com www.reuters.com
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Over fifty Majengo commercial sex workers that were arrested last weekend have been arraigned at city hall and Makadara law courts today.
The Tanzania citizens without passports were taken to Makadara law courts and charged with being in the country illegally while those that were taken to City hall were charged with engaging in illegal sex business in the city.
According to Daniel Orande of Kituo cha sheria the group have protested the move saying some have been in the Shauri Moyo police Cell from Friday without taking their usual ARV drugs.
 
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