Tanzania: Engen appoints new Managing Director

Energy company Engen Tanzania names Paul Muhato new Managing Director as the firm looks to continue to grow in East Africa.

“At the top of my list of objectives is the need to enhance business growth via the current retail sites and build a robust network of additional retail outlets that reflect the Engen brand, whilst also aiming for the Engen Tanzania terminal to turn over its 24,000m3 capacity at least once a month,” said Muhato.

EPTL currently has 9 retail sites, of which 7 are operational. The plan is to increase these to 10 operational stations by the end of 2016 and to grow the retail base by at least 20% year-on-year thereafter.

Prior to amassing experience in Tanzania, where is he was Acting General Manager for Kobil Ltd, Muhato enjoyed an 11 year career in Sales and Marketing as well as Supply and Trading in the Kenyan oil industry.

According to Drikus Kotze, Engen’s General Manager: International Business, East Africa and Tanzania in particular, is seen to be one of the top new frontiers for business growth and development in Africa and the world as a whole.

“At 6.5%, Tanzania ranks among countries with the highest GDP growth rate; it has a variety of natural resources and is without a doubt, the most stable democracy within the region,” said Kotze.