The saga of the sale of 68.33 percent of Tanga Cement PLC shares to Scancem International

The saga of the sale of 68.33 percent of Tanga Cement PLC shares to Scancem International

The saga of the sale of 68.33 percent of Tanga Cement PLC shares to Scancem International Da has continued to raise various arguments for some development stakeholders and others to the point of appealing to the High Court of Tanzania for fair competition.

The discussions have continued to emerge with 19 urgent appeals and some of the appealers once took the government to court and the plaintiffs were the only ones who were giving their arguments.

In those appeals that have been opened, neither Heidelberg / Twiga nor Tanga where all have already been dismissed by the court due to being untrue.

One clerk of the high court who did not want his name to be mentioned, said that he doubts that it is obvious that many of the complaints are copies of the previous ones that have already been submitted, thus raising doubts about these groups being the same, which are currently using other names.

It is also possible that these clandestine groups may lie to the FCT and in court and also launch other attacks through the media. Their campaign is deliberate and misinformation.

In addition, it should be noted that the Minister of Investment, Industry and Trade, Dr. Ashatu Kijaji, showed proof that Chalinze Cement apparently lied to the Business Registration and Licensing Agency (BRELA).

In that, it confirms that there are these dirty games that can bring great harm to the economy of our country that our leaders are fighting more to make Tanzania a sustainable economic country.

Our source has further emphasized that this step is worse because the image of the country in the eyes of international investors is getting worse due to their propaganda campaigns that mislead even the members of parliament some of whom have shown opposition to the sale of Tanga Cememt shares and thus continue to hurt the country's economy ours.