Bloomberg: Magufuli Wins Tanzania Presidency With Gas to Tax Reform Vow
Tanzania’s ruling party candidate, John Magufuli, won a presidential election in Africa’s third-biggest gold producer with pledges to hasten development of the country’s nascent natural-gas industry and reforms to boost tax revenue.
Magufuli, 55, defeated his closest rival, former Prime Minister Edward Lowassa, by a margin of 58.4 percent to 39.9 percent in the Oct. 25 election, National Electoral Commission Chairman Damian Lubuva told reporters Thursday in the commercial hub, Dar es Salaam.
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