On 24th January 2020, Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX) and the Government of Tanzania (GoT) signed the agreements to ratify the creation of Twiga Minerals Corporation, the management company jointly owned by the GoT and Barrick, that will oversee the management of Barrick’s mining operations in the country.
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On 20th January 2020, the UK hosted the UK-Africa Investment Summit in London, sponsored by Standard Bank, Africa’s largest banking group by assets.
On 10th January 2020, Winshear Gold Corporation (TSX-V: WINS) notified the Attorney General of Tanzania that there exists an investment dispute between the company and…
According to the latest telecoms statistics for Q3 2019 published by the Tanzania Communications Regulatory Authority (TCRA), overall mobile money subscriptions (mobile money accounts) in…
The National Bureau of Statistics of Tanzania (NBS) indicates that the Annual Headline Inflation Rate for the month of December 2019 has remained at 3.8%,…
The Central Bank of Tanzania (BOT) has recently published its Annual Report 2018-19, which includes an overview of the Industry and Construction sector in the…
The latest Bank of Tanzania (BOT) Monthly Economic Review of December 2019 indicates that in the year ending November 2019, gold exports rose by +41.9%…
The Central Bank of Tanzania (BOT) has just published its Annual Report 2018-19, which entails an overview of the implementation of monetary policy, and a…
The World Bank (WB) 2019 Tanzania Mainland Poverty Assessment report published in December 2019, notes that poverty decreased by 8% in 10 years, down from 34.4% in…
The African Development Bank (AfDB) has approved a USD 55 million facility to strengthen the implementation of reforms to enhance Tanzania’s economic competitiveness and private…