Tanzania Mining Q1 2019
An increasingly hostile business environment in Tanzania is doing little to bolster investor confidence. Acacia Mining, oneof the largest mining companies in Tanzania, is reportedly considering selling its Tanzanian assets as a result. The most recentamendment to the country's mining law stipulates that foreign mining companies have to hold an account with a local bank, andPresident John Magufuli has stated that indigenous companies will be given first preference when it comes to issuing mininglicences.
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