Thursday , February 13 2025

Tag Archives: mining

Tanzania seizes diamonds from British mining company

Nairobi, Kenya | AFP | The Tanzanian government said Sunday it had confiscated diamonds worth nearly $30 million after accusing British company Petra Diamonds of having declared a lower value when trying to export the gems. Speaking on government television channel TBC 1, Finance Minister Philip Mpango said the diamonds extracted …

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ANALYSIS: Why Magufuli’s reforms in mining sector are about politics as much as economics

Dar Es Salaam, Tanzania| AFRICAN ARGUMENTS |  Ever since his election in 2015, Tanzania’s President John Magufuli has been a subject of public fascination. At first, his war on graft promised to cleanse the state of corruption, while his patriotic thrift inspired the hashtag #WhatWouldMagufuliDo? But as this campaign of tumbua majipu (“lance the boils”) was …

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In mining dispute with Tanzania, Acacia agrees to more tax

Nairobi, Kenya | AFP |  Mining company Acacia agreed Friday to pay more royalties to Tanzania’s government as it seeks an end to a dispute over alleged underreporting of production and profits. President John Magufuli accused the London-listed company, whose largest shareholder is Canadian Barrick Gold, of “theft” after a …

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Editor of suspended Tanzania paper ‘threatened’

Nairobi, Kenya | AFP |  The editor-in-chief of a Tanzanian newspaper suspended last week after linking two former presidents to controversial mining contracts said he has since faced threatening anonymous phone calls. Tanzania’s information ministry on Thursday imposed a two-year suspension on the Mawio weekly, a frequent critic of the …

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Tanzanian newspaper suspended for pointing finger at ex-presidents

Tanzanian newspaper suspended for pointing finger at Mkapa, Kikwete Nairobi, Kenya | AFP |  Tanzanian weekly, Mawio, has been ordered to suspend publication for two years after pointing the finger at two former presidents in connection with huge revenue losses, the country’s interior ministry said Friday. The weekly, regularly critical of …

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