DAR ES SALAAM, June 10 Tanzania has asked the
International Monetary Fund for a $571 million loan to help it
tackle the challenges caused by the COVID-19 pandemic, its
finance minister said on Thursday as he raised spending in the
budget for the next financial year.
DAR ES SALAAM Tanzania and UK-based mining firm Kabanga Nickel Limited signed a framework agreement on Tuesday to jointly develop the Kabanga nickel project formerly owned by Barrick Gold and Glencore.
DAR ES SALAAM Ten Tanzanian schoolchildren were killed when a dormitory at a privately-owned primary school in the north of the country caught fire, a senior government official said on Monday.
DAR ES SALAAM Tanzania's former president Benjamin Mkapa, who worked to end conflict in East Africa during and after his decade in power from 1995, died on Friday while being treated for an undisclosed illness, the presidency said.
DAR ES SALAAM A Tanzanian subsistence miner hit the jackpot on Wednesday after the government handed him a cheque for 7.74 billion Tanzanian shillings ($3.35 million) for the two largest tanzanite gemstones ever found.
* Miner presented with 7.74 billion Tanzanian shilling
DAR ES SALAAM Three employees of Acacia Mining, a former Barrick Gold unit, have been released from jail in Tanzania after paying 1.5 billion Tanzanian shillings ($649,632) in compensation for tax evasion, a prosecutor told Reuters on Wednesday.
DAR ES SALAAM Tanzania has begun negotiations with creditors over a G20 nations initiative over debt relief, the finance minister said on Thursday, part of efforts to mitigate negative economic effects sparked by the coronavirus outbreak.
DAR ES SALAAM, June 11 Tanzania now expects its
economy to grow by 5.5% in 2020 compared with a previous
estimate of 4%, finance minister Philip Mpango said on Thursday,
after the government took steps to mitigate the economic impact
DAR ES SALAAM Barrick's Tanzania subsidiary Twiga Minerals has resumed exports of gold concentrate after receiving clearance for its first shipments since the lifting of a government ban imposed during a tax dispute with the mining company.