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    Bloomberg: Magufuli Wins Tanzania Presidency With Gas to Tax Reform Vow

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Summary

Tanzanian presidential candidate John Magufuli has won the presidency, partly on the back of promises to quicken development of the country's gas industry

by: Erica Mills

Posted in:

Press Notes, Africa

Bloomberg: Magufuli Wins Tanzania Presidency With Gas to Tax Reform Vow

Tanzania’s ruling party candidate, John Magufuli, won a presidential election in Africa’s third-biggest gold producer with pledges to hasten development of the country’s nascent natural-gas industry and reforms to boost tax revenue.

Magufuli, 55, defeated his closest rival, former Prime Minister Edward Lowassa, by a margin of 58.4 percent to 39.9 percent in the Oct. 25 election, National Electoral Commission Chairman Damian Lubuva told reporters Thursday in the commercial hub, Dar es Salaam.

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