Dar es Salaam — Tanzania and Uganda’s private sector partnership have agreed on four issues that need addressing if local businesses in the two countries are to benefit from the $3.5 billion East African Crude Oil Pipeline (Eacop) from Hoima in Uganda to the port city of Tanga. In a meeting held on Monday this week, the duo agreed the need for the government of Tanzania to address the bottlenecks ranging from border and work permits, red tape, to creation of a special Fund meant to help local entrepreneurs. They also agreed that the government might do something to enhance financial institutions so that they could offer quick access to finance with no collateral and interest rate. The aforementioned recommendations were aired yesterday here during a press conference organised by the Association of Tanzania Oil and Gas Service Providers (ATOGS). Briefing the media, the ATOGS founder and chairman, Mr […]