Tanzania

The Tanzanian President Samia Suluhu Hassan has appointed the country’s Ambassador to China, Khamis Mussa Omar, as the new Finance Minister following last month’s disputed election. Announcing the reshuffle in a televised address on 17 November 2025, she confirmed that Anthony Mavunde would remain as Mining Minister and Mahmoud Thabit …

AngloGold Ashanti, one of the world’s leading gold producers, delivered a robust financial and operational performance in the three months ended September 30, recording a 141% year-on-year surge in free cash flow (FCF) to a record $920-million. This massive increase was attributed to continued cost discipline, which allowed the company …

The Zanzibar Utilities Regulatory Authority (ZURA) announced on Saturday, November 8, 2025, that prices for most petroleum products have been adjusted upwards. The increase is a direct response to rising global import costs, according to a statement issued by ZURA Director General Omar Ali Yussuf. The key changes see the …

The President of Mozambique, Daniel Francisco Chapo reaffirmed his country’s commitment to deepening cooperation with Tanzania during the inauguration of President Samia Suluhu Hassan in Dodoma. Attending as Guest of Honour, Chapo highlighted the enduring friendship and shared history between the two nations, rooted in the liberation struggle and long-standing …

The Democratic Republic of Congo will start building gold reserves to bolster its currency and lift its economy, the central bank governor said, joining a rush in Africa and elsewhere to stockpile the precious metal as prices soar. Gold prices, which hit record highs above $4 000 an ounce on …

East Africa Metals has entered into a binding agreement with Ubora Minerals to acquire and develop the company’s Magambazi and Handeni mining project in Tanzania. Ubora is a subsidiary company of Anchises Capital Precious Metal Fund LLC (Anchises), which holds 50,200,000 common shares of the Company, representing approximately 18.66 percent …

Dar es Salaam, Tanzania – Tanzania is moving closer to an agreement on the terms for its long-stalled $42 billion liquefied natural gas (LNG) project at Likong’o in Lindi, with a final deal anticipated before the end of 2025. The massive project, under negotiation for over a decade, is intended …

East Africa Metals Inc. (TSXV: EAM) has moved to restart its stalled Tanzanian gold venture, announcing a binding Memorandum of Understanding (MOU) with Ubora Minerals Company Limited to acquire and develop the Magambazi and Handeni mining project. The deal replaces a failed agreement with PMM Mining Company Limited and aims …

Pan-African telecommunications and network services provider, Paratus Group, has completed its expansion programme into East Africa. This expansion forms part of the Group’s ongoing efforts to connect communities and businesses across sub-Equatorial Africa with reliable digital infrastructure. Across East Africa, Paratus is providing reliable digital services to meet the needs …

Shanta Gold, a prominent Tanzanian gold producer, has installed a new cone crusher at its New Luika gold mine, a move aimed at enhancing efficiency and bolstering production. The company’s acquisition of a B3 cone crusher from UK-based manufacturer Quarry Manufacturing & Supplies (QMS) is a strategic step to improve …