Today: Tanzania's parliament receives report on graft claims in energy

Tanzania's parliament has received a report on the findings of an investigation into corruption allegations in the energy sector, officials said on Sunday, an issue that has led to donors delaying aid and weakened its currency.

A group of 12 international donors have given $69 million of $558 million pledged in budget support, saying the rest would be paid only if the findings of the investigation into the alleged scam were released and appropriate action taken.

Officials did not comment on what those findings were. Foreign grants and loans are a big source of hard currency in Tanzania, and the delay has hurt its currency, traders have said.

Tanzania has made big discoveries of natural gas, but its energy industry has been dogged by allegations of corruption in the past. Businesses have long complained graft is one of the main reasons for the high cost of doing business in Tanzania.
MORE