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| President Dr. Samia Suluhu Hassan (center) receiving a dividend of Sh. 12.2 billion from the Managing Director of Puma Tanzania Oil Company, Fatma Abdallah (right), accompanied by the Chairman of the Company's Board, Dr. Seleman Majige (left). The dividend was handed over at the State House in Dar es Salaam and witnessed by heads of various institutions and organizations attending the event. |
Puma Tanzania Oil Company has commended President Dr. Samia Suluhu Hassan for creating a conducive investment environment, leading to the company's ability to hand over a dividend of Sh. 12.2 billion to the government. The dividend was presented today at the State House in Dar es Salaam, with President Samia as the guest of honor. This dividend was among those handed over by ten companies in which the government holds shares, with Puma Tanzania Oil Company being one of them.
Speaking after handing over the dividend, the Managing Director of Puma Tanzania Oil Company, Fatma Abdallah, expressed gratitude to President Samia, whom she referred to as the country's economic champion. She praised her leadership and the enabling business environment she has fostered, ensuring safety and innovation for investors. Abdallah also extended thanks to the Ministry of Energy, led by Deputy Prime Minister and Minister of Energy, Dr. Dotto Biteko, for their guidance and facilitation.
Furthermore, Abdallah highlighted the company's commitment to enhancing services and embracing digital solutions. She mentioned plans to reach more Tanzanians with energy distribution this year. The company also aims to contribute to the government's goal of ensuring 80% of Tanzanians use clean energy by 2034. Additionally, Abdallah announced plans to launch a gas station for refueling vehicles this year.
In closing, she emphasized the company's pride in delivering this dividend, noting a significant increase compared to previous years, attributing the success to effective board leadership and strategic planning.
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