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Tag Archives: mining

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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Talks set with Magufuli to settle Tanzania gold fraud dispute

  Dar es Salaam, Tanzania | AFP |  Tanzania has agreed to negotiations with Canadian mining giant Barrick Gold which it accuses of operating illegally and evading taxes, a government statement said Wednesday. Barrick is the majority shareholder in London-listed Acacia Mining which a presidential commission report said this week …

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Tanzania President Magufuli sacks Mines Minister

Tanzania minister sacked: Wednesday’s report found that companies exporting raw mineral sands understated the nature and quantity of precious metals in their containers and so avoided paying taxes Dar es Salaam, Tanzania | AFP |  President John Magufuli fired Tanzania’s mines minister on Wednesday after a government report found minerals exports …

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Sierra Leone pastor unearths massive 706-carat diamond

Freetown, Sierra Leone | AFP | A pastor working in the mines of eastern Sierra Leone has unearthed a 706-carat diamond, the government said Thursday, as experts said the stone could rank as the 10th largest ever found. The huge diamond was discovered by Emmanuel Momoh, one of thousands of …

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Uganda gold refinery raises alarm over conflict minerals

Kampala, Uganda | AFP |  The inauguration of Uganda’s first gold refinery sparked concern Wednesday over the possibility of dirty minerals from regional conflict zones making their way into the country. Transparency International’s Peter Wandera told AFP the country’s failure to regulate the mineral sector meant there were “high chances” …

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