PRESIDENT Samia Suluhu Hassan has been applauded for creating an excellent and enabling environment for domestic and foreign investors, thus facilitating tax payments to the government and driving development.

“The conducive and enabling business environment and investment climate established by the government under the leadership of President Samia has allowed investors to operate smoothly,” said Fatma Abdallah, Managing Director of Puma Energy Tanzania, when speaking shortly after the company received four awards for Best Taxpayer of the Year, presented by the Tanzania Revenue Authority (TRA).

President Samia was the guest of honour at the event that was held over the weekend in Dar es Salaam Region.

“We have been consistent taxpayers, especially in the oil and gas sector, which is why we have received all these awards. We thank God, but we also thank President Samia for creating an environment that enables investors to conduct their businesses smoothly,” Abdallah remarked..

She noted that under President Samia, they are now seeing how tax revenues are being utilized to drive significant national development.

She added: “We have witnessed major projects launched in 2024, along with many others still in the pipeline. This assures us that when we pay taxes, we know where our money is going,” she explained.

The firm’s Managing Director emphasized that the awards received from TRA results from their commitment to timely pay government taxes, adding that the awards serve as a motivation to perform even better in the upcoming fiscal year.

During the ceremony, Puma Energy Tanzania was awarded the National Level Taxpayer Compliance Award for the fiscal year 2023/2024.

The company’s Wet Cargo division received recognition for its timely payment of taxes and duties for the fiscal year 2023/2024 during taxpayer appreciation day in 2024.

Another award received by the firm was the overall winner in recognition of tax and duty payments made in the 2023/2024 financial year during customs and excise appreciation day in 2024.

The fourth award was presented to the company’s Wet Cargo division for acknowledging the substantial taxes and duties paid in the 2023/2024 financial year under the category of customs and excise duties.

TRA awards best taxpayers of the year annually, in honour and recognition of businesses that excel in tax compliance across various categories.