Heads of Tanzania National Electricity Corporation dismissed

Dodoma. 

Today it was the turn of the National Electricity Corporation (Tanesco) to meet with the Parliamentary Standing Committee on Investment and Public Capital (PIC), a step that failed to be implemented after senior leaders did not appear in the meeting.

The Parliamentary Standing Committee on Investment and Public Capital (PIC) has dismissed the leaders of the National Electricity Corporation (Tanesco) for failing to appear before the committee for the Director General and Chairman of the Board of the organization.

Apart from that, the committee has asked the leaders of the organization to write a letter to explain why the top leaders of the organization have failed to attend the committee meeting despite the notice of summons to reach them since January 5, 2023.

Speaking today Monday January 23, 2023 in Dodoma, the chairman of the committee, Jerry Silaa said the action of the Director General and Chairman of the Board not to arrive at the meeting without notice is an insult to Parliament.

“The letter to call them was written since December 2022, but they received it on January 5, 2023, he did not say anything today, some servants are coming, this is an insult to the Parliament,” said Silaa.

On the part of the Central Bank of Tanzania (BoT), Silaa has said that despite the interest of loans in financial institutions decreased after the BoT did the registration of lending institutions, but according to the information they have, there are other costs imposed on the customer.

“It is possible that someone was told that the cost of the loan is Sh1 million, if you take the cost of loans, interest and other costs, it comes back to the same place and the people are hurt,” said the chairman of the PIC.

He said they have asked the BoT to focus on other areas of the internet, mobile money transactions and ensure they have a better electronic payment system, a system that involves banks, mobile transactions and other service providers.

Silaa added that the BoT should ensure that the costs of loans and interest are low in order not to hurt the lowly Tanzanian.