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Pharmaceutical firm in row with Tanzania over Sh1.5m tax refund

A Kenyan-owned pharmaceutical company is engaged in a protracted battle with Tanzanian authorities over a tax refund.

Zenufa Laboratories, which is based in Tanzania but is fully owned by Kenyan private equity firm Catalyst Principal Partners, has declared its intention of using legal means to recover TSh31.9 million (KSh1.5 million) owed to it by the Tanzania Revenue Authority (TRA).

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