SBC Tanzania lauds public-private partnership

Dar es Salaam. SBC Tanzania Ltd has lauded the successful collaboration between the public and private sectors, highlighting it as a model of success that has fostered a pro-business environment conducive to company growth.

The company’s Executive Director, Mr Ziad El Khalil, made these remarks during a ceremony recognising the achievements of the outgoing CEO, Mr Avinash Jha, and welcoming the new CEO, Mr Richards Paul.

Mr El Khalil praised the Tanzanian government’s support and the overall business climate, attributing the company’s success to the favourable conditions created by this partnership.

“Tanzania has been an exceptional host to our company and the entire business sector, providing a pro-business environment that has allowed companies like ours to thrive.

The collaboration between the public and private sectors has been exemplary,” he said.

He expressed gratitude to both the government of Tanzania and its people, noting that the partnership has been particularly strong under the current administration led by President Samia Suluhu Hassan.

Mr El Khalil commended President Hassan’s pro-business agenda and her “4Rs” doctrine—reconciliation, resilience, reforms, and rebuilding—which he believes have significantly contributed to transforming Tanzania into an economic powerhouse and a preferred destination for investors.

“We are deeply thankful for the support and cooperation extended to us by the government and its institutions over the years,” Mr El Khalil stated.

The event also honoured Mr Avinash Jha, who has served as CEO since SBC’s inception in January 2001.

Mr Jha’s tenure was marked by dedication and a commitment to excellence, with the company paying over Sh750 billion in taxes across various categories including net Value Added Tax, import duties, excise, payroll, and income taxes during his leadership.