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The High Court has dismissed a case filed by a bank against a firm associated with a company at the heart of an ownership battle between Agriculture CS Mithika Linturi and Adai MP Maryanne Kitany.
Court found that Gulf African Bank was negligent when it disbursed a loan to persons who were not directors of a firm owned by Linturi.
PTCL, which is among the entities that refused audit, still owes govt $800m, says PAC chairman.
Exports of manufactured goods reached the historical $1.4 billion (about 3.2trn/-) during the year ending August this year, an increase of 75 percent compared to $844.5million (1.9trn/-) recorded during the year ended in August 2020, signaling expanding industrialization drive.
THE government has asked investors to invest in Mkinga Special Economic Zone in Mkinga district, Tanga region, to take advantage of high tech industrial development to make goods for exports and contribute to economic development.