Friday, June 14, 2024

Puma expresses satisfaction over investment climate

 Dailynews reporter

DAR ES SALAAM: PUMA Energy Tanzania on Tuesday reiterated its appreciation to President Samia Suluhu Hassan for the good existing investment climate which has enabled them to issue a 12.2bn/- dividend for the government.

At an event to hand over the dividend at the State House in Dar es Salaam, the company expressed commitment to further excel in performance and services in the country.

During the ceremony, graced by the President, at least 10 companies that the government owns shares, including Puma Energy Tanzania, presented their dividends.

Puma’s Managing Director Fatma Abdallah made the remarks, while further thanking President Samia that her leadership has been engineering the country’s economic growth.

“The President has been able to lead us properly, she has put in place an enabling environment for us to conduct business safely with innovation,” Ms Abdallah said.

She attributed the achievement of the company mobilising such an amount to the good performance also driven by its Board of Directors under the chairmanship of Dr Selemani Majige.

Puma looks forward to utilising more digital technologies to improve its services, and in the next financial year, the target is to reach more Tanzanians and increase the use of clean energy in the country.

“The government has put more focus on clean energy; therefore, we have also decided to support these efforts to increase the use of clean cooking energy so that 80 per cent of Tanzanians use the clean cooking energy by 2032,” she said.

The company also eyes to launch Compressed Natural Gas (CNG) station for the vehicles

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