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Pleased to have advised the founders of Another Snus Factory on its sale to the global tobacco companies KT&G and Altria, enabling them to compete with Zyn and Velo on a global scale

In February 2024, Philip Morris International announced that it would build a cigarette factory in Morogoro and buy at least 12 million kg of Tanzanian tobacco annually over the next five years

Subordinate Liquidity Reserve Account Draws Primarily as a result of the initial determination by the Independent Investigator In 2017, TSASC received reduced payments of TSRs than what was previously forecast, which resulted in a draw upon its Subordinate Liquidity Reserve Account to meet its debt service requirement due December 1, 2017[10]

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