Forum advises Tanzania to invest in power supply

Aug 22, 2011 12:00 AM

The government has been advised to allocate Sh 3 tn to solve the power crisis in the country. The amount computed by experts of energy and minerals sector, can be obtained by reviewing the 2011/12 budget of about Sh 13 tn.
The funds should be used to construct more hydroelectricity dams and other major power projects during the next five years.

The call was made by the chairman of the Constitution Forum Mr Deus Kibamba at a public rally organised by Agenda Participation 2000 at Manzese Darajani area.
Mr Kibamba said Tanzania has investors who own large companies that should be asked to assist to alleviate the problem. He also noted that there were other investors whose activities largely depended on the availability of power and the problem could force them to leave the country.

"There is a wrong perception that Tanzanians cannot invest in the energy sector. This is not true because if the Bank of Tanzania (BoT) and other institutions providing mortgages could cooperate with local investors capable of ending the electricity problem, that has now become the scourge of the nation," said Mr Kibamba.
He said the government should consider changing its investment policies so that investors could also help at times of serious problems like the electricity shortage. He also urged the government to take stern measures against its officials who have been embezzling public funds.

For their part, residents of Manzese who attended the rally said power rationing has affected their lives. Mr Mshaiki Moshi said power rationing has reduced their ability to make a follow up of events around the country.
"Some of us depend on electricity to run our businesses and the shortage has forced us to close shop. Some of us have run bankrupt as we were using the capital to feed our families," he explained.

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