28 September 2023 – On 21 September an incident occurred where approximately 100 intruders unlawfully invaded the mine property during heavy rainfall. Unarmed private security contractors responded in an attempt to repel the armed invaders but subsequently requested police intervention to remove the aggressive intruders from the mine site. Seven intruders were arrested and based...
Category: Uncategorized
Tanzanian Ports Authority Announces Two Major Port Development Bids Amidst Debates Over Dubai Agreement.
In a recent announcement, the Tanzanian Ports Authority (TPA) has opened bidding for the construction of two key ports – Mgao Island in the Mtwara region and Mbegani in the Bagamoyo district, as well as the Tanga port. These bids come at a time when debates and discussions continue regarding the handover of all Tanzanian...
Payment Discrepancies in Barrick/Acacia to the Government Task Force in Tanzania (2014-2019).
This week, the UK newspaper, The Globe and Mail, has published over 100 emails concerning Tanzania. These emails shed light on how Barrick Gold, through their subsidiary Acacia in Tanzania, made substantial payments to what is referred to as the National Task Force in Tanzania as security expenses, with the main recipient being the Inspector...
Payment Discrepancies in Barrick/Acacia to the Government Task Force in Tanzania (2014-2019).
This week, the UK newspaper, The Globe and Mail, has published over 100 emails concerning Tanzania. These emails shed light on how Barrick Gold, through their subsidiary Acacia in Tanzania, made substantial payments to what is referred to as the National Task Force in Tanzania as security expenses, with the main recipient being the Inspector...
The value of Tanzania exports hit $12.9 billion in July 2023.
The value of export of goods and services in Tanzania hit $12.9 billion in July this year as compared to $12.2 billion recorded during the same period last year, driven by services receipts and non-traditional goods exports, in particular minerals, according to the Bank of Tanzania (BoT) Monthly Economic Review for August 2023. BoT data...
Empowering the Youth: President Samia Suluhu’s Vision for Agriculture at the 13th Africa Food Systems Forum in Tanzania.
The 13th Africa Food Systems Forum is currently underway in Dar es Salaam, Tanzania, from September 5, 2023, to September 8, 2023. This forum has brought together a diverse array of participants from the private sector and various governments worldwide. President Samia Suluhu began her speech by acknowledging the significance of the youth demographic in...
Op-Ed: Tanzania’s Participation in the BRICS Summit: Opportunities and Strategic Implications.
Today, various images have surfaced across social media platforms depicting Her Excellency President Samia Suluhu Hassan’s arrival at the Waterkloof Air Force Base in Pretoria, South Africa. Her visit marks Tanzania’s engagement in the 15th BRICS Summit, where South Africa holds the current chairmanship. The BRICS coalition, composed of Brazil, Russia, India, China, and South...
Countdown to Transformation: DART project phase four launches next month.
Commencement of the Phase Four of the Dar es Salaam Rapid Transit Agency (DART) Project is set for September this year, marking a significant step forward in the city’s transportation infrastructure. Tanzania Road Agency (TANROADS) Project Manager for BRT Projects, Engineer Barakael Mmari, unveiled this information on Tuesday during a joint inspection with experts from...
Renowned Economist Supports DP World’s Port Investment, Urges Public to Rely on Experts for Valid Information.
Professor Mussa Assad, the retired Controller and Auditor General (CAG) of the Government, who also holds over three decades of experience as a university lecturer, recently shared his insights on the issue of port investment in Tanzania. During a segment on Channel Ten’s “Dira ya Uchumi” television program, he addressed concerns that have arisen in...
Several African countries have a shortage of US dollars – why this happens and how to fix it
A number of African countries, including Kenya, Egypt, Zimbabwe, Nigeria, Ghana and Zambia, are currently experiencing shortages of US dollars. The dollar is the dominant currency in international transactions. These countries rely on the US currency to pay for foreign debts, essential goods and industrial inputs. Development economist Christopher Adam explains what causes US dollar shortages...