Tanzania

DODOMA — Tanzania is attempting to strike a balance between aggressively commercializing its critical minerals and preserving priceless archaeological history, as booming mining revenues place its subterranean wealth at the center of the nation’s economic agenda. Government revenues from mining surged to more than 1.071 trillion Tanzanian shillings ($400 million) …

DAR ES SALAAM — The Tanzanian government has issued an eight-day ultimatum to domestic cement manufacturers, demanding an immediate increase in market supplies and a sharp reduction in prices following recent retail cost spikes. The directive follows an urgent meeting convened on August 18 by the Ministry of Industry and …

South African mining billionaire Patrice Motsepe secured a procedural reprieve in a $195 million legal battle over a Tanzanian graphite project, after the High Court of Tanzania struck the damages suit from its roll. The court removed the claim brought by U.S.-based Pula Group without ruling on the underlying allegations …

President Samia Suluhu Hassan recently undertook a two day working visit to Angola, where she and President João Lourenço held bilateral talks deepening ties between the two nations. The visit culminated in the joint inauguration of the Mwalimu Julius Kambarage Nyerere Referral Hospital in Luanda, with members of the Nyerere …

Tanzania and Australia are seeking to expand bilateral trade, investment, and energy cooperation, placing particular emphasis on developing the East African nation’s mining sector and formalizing artisanal operations. The push for stronger economic and diplomatic ties follows high-level talks in Dar es Salaam between Tanzania’s Deputy Minister for Foreign Affairs …

A project that had been steadily lining up funding, customers and construction readiness is now at the centre of a high stakes dispute, after Tanzania moved to cancel Volt Resources’ mining licences for the Bunyu graphite project. The decision halts what had become one of the more advanced graphite developments …

Tanzania formalised its mandated 16% free-carried equity stake in the flagship Lindi Jumbo graphite project, securing a direct share in a high-grade asset central to East Africa’s ambitions to become a vital hub for green transition metals. The agreement, signed May 28 by Minerals Minister Anthony Mavunde, establishes a new …

Condition monitoring specialist company, WearCheck, recently teamed up with Tanzania-based condition monitoring company, Technical and Engineering Solutions (TES), to bring an extensive range of reliability solutions to customers in East Africa. National sales manager for WearCheck, Juliane de Beer, says the partnership is already operational, with TES/WearCheck customers in Tanzania …

Egypt is moving to convert its landmark hydropower success in Tanzania into a much broader economic footprint, with President Abdel Fattah Al-Sisi and Tanzanian President Samia Suluhu Hassan discussing a large-scale agricultural land reclamation project, a new maritime shipping route and expanded port cooperation during talks in Dar es Salaam, …

Lake Victoria Gold Ltd. formalized the appointment of a local engineering firm to lead development at its Imwelo gold project in northwestern Tanzania, satisfying strict domestic regulatory mandates while moving closer to construction. The Vancouver-based miner, through its wholly owned subsidiary Tembo Gold (T) Limited, received approval from the Tanzania …