Tanzania: RITA Blocks Account of TBL Staff Fund

The Registration, Insolvency and Trusteeship Agency (Rita) has frozen the bank account of the dissolved Tanzania Breweries Limited (TBL) Employees Share Ownership Trust pending investigations.

As a result, the freeze has halted payment of the second tranche of benefits to members of the Trust Fund who are TBL employees. This comes after about 2,000 ex-employees of the brewer complained against being sidelined from the payment.

...

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.