PUMA Energy Tanzania has expressed its gratitude to President Samia Suluhu Hassan for fostering a favorable investment climate, enabling the company to issue a 12.2 billion Tanzanian Shillings dividend to the government.
At a dividend handover ceremony held at the State House in Dar es Salaam on Tuesday, the company reaffirmed its commitment to excelling in performance and services within the country. The event, graced by President Samia, saw at least ten companies in which the government holds shares, including PUMA Energy Tanzania, present their dividends.
PUMA’s Managing Director, Fatma Abdallah, thanked President Samia for her leadership, which she credited with driving the country’s economic growth. “The President has been able to lead us properly; she has put in place an enabling environment for us to conduct business safely with innovation,” Ms. Abdallah stated.
She attributed the company’s success in mobilizing such a significant amount to the strong performance driven by its Board of Directors, chaired by Dr. Selemani Majige. Looking ahead, PUMA plans to leverage more digital technologies to enhance its services, with a goal to reach more Tanzanians and promote the use of clean energy in the next financial year.
“The government has put more focus on clean energy; therefore, we have also decided to support these efforts to increase the use of clean cooking energy so that 80 percent of Tanzanians use clean cooking energy by 2032,” she said.
Additionally, PUMA Energy Tanzania aims to launch a Compressed Natural Gas (CNG) station for vehicles, aligning with the government's clean energy initiatives and contributing to sustainable development in Tanzania.
This strategic direction underscores PUMA’s dedication to innovation and sustainability, reinforcing its role in Tanzania’s economic and environmental progress