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Tanzania’s energy regulator has approved a power tariff hike of 8.53 percent by the state-run utility, less than half of what the utility said it needed to stem losses.
The Tanzania Electric Supply Company (TANESCO) had sought an 18.19 percent tariff increase to snap a loss-making trend and clear debts to independent power producers and fuel suppliers. The tariff hike takes effect from January 1, the Energy and Water Utilities Regulatory Authority (EWURA) said in a statement on Saturday.
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