Financially-starved AAR Healthcare Tanzania Ltd has been put under liquidation effective April 22, 2021, ending a decade long presence in the country.
In a statement, joint liquidators, Nelson Emmanuel Msuya and David Timothy Tarimo of PricewaterhouseCoopers, notified the public and creditors that they have taken over the company’s assets and are receiving claims under the ensuing circumstances.
“To enable any claim you may have against the company to be duly adjudicated and considered in the distribution of any realisations from the sale of the assets of the company, please send to the liquidators particulars of any claims,” the joint liquidators said.
“The company will shut down all of its operations effective Sunday, 25th April 2021.”
The parent company, Kenya-based AAR Healthcare Holdings, had announced in March 2021 that it was ceasing providing bailout funds and had opted for its ultimate winding up.
Steven Umidha is a data and financial journalist with over 14 years of work experience in journalism and communication.
He specialises in finance and economics reporting as well as on the causes, impacts, and solutions of global warming, conservation, pollution and sustainability, often blending scientific literacy with journalist ethics, while involving policy analysis and multimedia storytelling across various platforms in highlighting issues from biodiversity loss to ecological justice.
Besides being the Founder of Financial Fortune Media, Umidha has previously worked with the Standard Media Group, Mediamax Networks LTD, bird story agency, Business Journal Africa, and Financial Post among other outlets.