Tanzania Exports YE October 2024: Growth in Gold, Tobacco, Cashews,...
The Bank of Tanzania (BOT) released its Monthly Economic Review-November 2024 which covers key macroeconomic indicators for the…
View ArticleTanzania Holds First Tanzanite Auction Since 2017, Showcasing 184 Kilograms...
The Tanzanian government held its first Tanzanite auction since 2017 in Mirerani, featuring 184 kilograms of gemstones worth TZS 3.1 billion. Nearly 200 participants, including brokers, dealers, and...
View ArticleTanzania Exports YE November 2024: Growth in Gold, Horticulture, Tourism, and...
According to the Bank of Tanzania's Monthly Economic Review for December 2024, Tanzania's exports grew to USD 15.87 billion in the year ending November 2024, driven by gold, horticulture, and tourism,...
View ArticleTanzania Outlines Mining Sector Priorities for 2025: Resolving Conflicts,...
Tanzania’s Minister for Minerals, Anthony Mavunde, detailed the government’s 2025 priorities for the mining sector. Key areas include resolving miner conflicts, enhancing investment through TIC,...
View ArticleBarrick Gold Injects $4.24 Billion into Tanzanian Economy Through Twiga Joint...
Barrick Gold Corporation has invested over $4.24 billion into Tanzania's economy since the 2019 establishment of its Twiga joint venture. In 2024 alone, the partnership contributed $888 million,...
View ArticleTanzania Begins Compensation for Engaruka Soda Ash Project
Tanzania has started compensating residents for the Engaruka Soda Ash Project, allocating TZS 14.48B. The project, led by NDC, aims to establish two factories producing 1M metric tonnes of soda ash...
View ArticleTanzania Offers First-Ever Helium Mining Licence to Helium One
Helium One Global has received Tanzania’s first-ever helium Mining Licence offer, covering 480km2 in the Rukwa Basin. The company is reviewing the terms and will provide further updates.
View ArticleEcoGraf Secures 25-Year Special Mining Licence for Epanko Graphite Project in...
EcoGraf Limited has been granted a 25-year Special Mining Licence for the Epanko Graphite Project in Tanzania. The licence expands the mining area and supports project financing, positioning Epanko for...
View ArticleTanzania Concludes Wigu Hill Rare Earth Project Litigation with Final Payment
Tanzania has completed its US$27 million settlement with Montero over the expropriation of the Wigu Hill rare earth project. With the final US$7 million payment received, both parties will now request...
View ArticleStudy Confirms 60% Graphite Yield, USD 419/Tonne Cost, and 20% CO2 Reduction...
A study on the Ifakara Graphite Shaping Facility in Tanzania confirms a 60% spherical graphite yield, USD 419/tonne operating cost, and a 20% reduction in CO2 emissions. The facility will process...
View ArticleTanzania Signs MoU with Thailand’s Sunset Gem to Boost Value Addition in the...
Tanzania has signed an MoU with Thailand’s Sunset Gem to enhance gemstone value addition through advanced technology transfer. The agreement aims to process gemstones locally, create jobs, and increase...
View ArticleTanzania Unveils Strategy to Boost Small-Scale Miners with Capital,...
The Tanzanian government has unveiled a strategy to empower small-scale miners by providing access to affordable capital, modern technology, and advanced equipment. The initiative aims to help miners...
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