"In implementing these two agreements, the debt swap agreement and addendum to the debt swap agreement, the Tanzanian government through its experts from the ministry of finance, TIB, Attorney General and the investor Meis Industries Limited met to draft an investment agreement” FOREIGN AFFAIRS MINISTER BENARD MEMBE
What you need to know:
Mr Membe’s move comes at the time when his political rivals have been linking him with the deal, saying he might have benefited from the $20 million paid to a company called Meis Industries Limited
Mr Bernard Membe was among 42 CCM members who had by yesterday collected nomination forms as the party prepares to pick its candidate for the Union presidency later this month. The party is hoping that its candidate will take over the mantle from Mr Jakaya Kikwete, who will retire after the October 25 General Election after ten years at the helm. Mr Membe is eyeing the highest office in the land after serving as foreign affairs minister for over eight years.
