Mlimani Holding general manager Pastory Mrosso shows members of the Parliament’s Public Accounts Committee (PAC) the location where the firm plans to build a three-star hotel at Mlimani City in Dar es Salaam during PAC’s visit on nThursday. PHOTO | ELIAS MSUYA
What you need to know:
Speaking shortly after going through a financial report and general performance of the UDSM, PAC chairperson Naghenjwa Kaboyoka said while the contract required Mlimani Holding Ltd to pay the UDSM 10 per cent of its gross income per year from the project’s proceeds, the investor had been disbursing 10 per cent of the net income.