Dar es Salaam. The implementation of the petroleum bulk procurement system in purchasing fuel for the country has reduced losses by 0.2 percent from the previous 5 percent, surpassing the international requirement.
The system has significantly decreased the time for ships to offload petroleum from between 40 and 90 days to just three to four days, saving substantial waiting charges.
“Through this system and the executives who track it down to the warehouses, the loss has dropped to 0.2 percent and saved the cost of between $20,000 and $80,000 that ships charged a day for waiting,” said Mr. Bruno Tarimo, the head of petroleum inspection at the Petroleum Bulk Procurement Agency (PBPA).
Speaking at the ongoing 48th Dar es Salaam International Trade Fair (DITF), which started on June 28 and will run until July 13, Mr Tarimo said the system’s success in various areas, including an increase in demand for petroleum products in neighbouring countries,.
He also mentioned that before the system was established, monthly consumption was lower, with domestic fuel usage between 60 percent and 70 percent and external usage only 30 percent.
Currently, the fuel distribution is balanced, with an equal share going to domestic use and neighbouring countries, sometimes reaching up to 55 percent.
“We continue to urge Tanzanians to learn the system so that they can understand it and be able to use it, thereby attracting more investors to the supply chain.”
This system has also enabled small companies to enter the oil import business. Initially, only multinational companies had the financial capacity to import, which led to a lack of fair competition. But now, both large and small companies compete in the tender process under the same criteria.
In a nutshell, Mr Tarimo said the system has facilitated the growth of small companies and improved revenue collection by the Tanzania Revenue Authority (TRA), adding that taxmen can now project the amount that will be collected from imported oil, making it easier to organise funding for government projects.
In July, the agency expects ten ships, including three for diesel carrying 250,000 litres, four for petrol each carrying 36,000 litres, and others for jet fuel. The loading process has already begun.
Regarding quality, Mr Tarimo added that they are collaborating with the Tanzania Bureau of Standards (TBS) to ensure that the products entering the country meet the required standards.
He added that since the agency was established, it had returned three ships that did not meet the criteria, and the supply was required to pay a fine and bring another.
This year’s 48th DITF, 353,201 visitors are expected and 11,712 temporary jobs have been created.
A participant, Ms Adelina Komba, said this year there has been a big difference; the environment has improved more compared to last year.
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Tanzania’s opposition party ACT Wazalendo honours veteran politician under new policy
Unguja. Opposition party ACT Wazalendo today officially bids farewell to its former Chairman, Juma Duni Haji, also known as Babu Duni, as part of a new policy designed to honor retired senior leaders at a ceremony held at Kiembesamaki, Zanzibar.
The initiative highlights the party’s commitment to recognizing and supporting individuals who have served with dedication and integrity.
Babu Duni, who stepped down earlier this year, was succeeded by Othman Masoud, now the First Vice President of Zanzibar.
The policy aims to provide ongoing respect and support to retired leaders, ensuring their continued recognition and contribution to the party’s development.
“Recognizing their significant contributions to the development and prosperity of the party, this policy ensures that retired leaders continue to be acknowledged and respected by both the party and the community,” the policy states.
To benefit from this policy, leaders must not have left or been expelled from the party. They must have served the party with honor and dedication. The national leadership committee will determine whether a leader has fulfilled these criteria.
The policy seeks to honor retired leaders, protect their dignity, acknowledge their contributions, leverage their ideas for the party’s growth, and support them to the best of the party’s ability.
In honoring these leaders, the party will provide a vehicle, the type of which will be determined by the national leadership committee. Additionally, they will receive a monthly allowance, with the amount also set by this committee.
Other benefits include health insurance. If a leader does not own a home, the party will cover their rent at a rate decided by the committee.
The leadership committee may also grant special recognition based on the leader’s contributions. Retired leaders will participate in decision-making meetings according to procedures outlined in the party’s constitution.
Depending on the party’s resources at the time, the policy may also apply to retired deputy chairpersons for both the mainland and Zanzibar, the Secretary-General, Deputy Secretary-General for both mainland and Zanzibar, and the party’s Attorney General.
Additionally, leaders, executives, or members with exceptional contributions to the party’s protection, advocacy, and defense may also benefit, as determined by the leadership committee.
Currently, those who are eligible for benefits under this policy include Juma Duni Haji (retired party Chairman) and Zitto Kabwe (retired party leader).Continue Reading
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