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South Africa’s Mining Minister Chased From Mining Meeting

South Africa’s Mining Minister Chased From Mining Meeting

Mineral Resources Minister Mosebenzi Zwane had to be whisked away from an angry crowd closing in on him at a community meeting in Mpumalanga on Friday. “You cannot come to another man’s yard and do as you please,” shouted one man at Zwane as the meeting degenerated into people shouting and booing at the minister. […]

It’s Time Africa Acted Over Its Wealth

It’s Time Africa Acted Over Its Wealth

That Africa needs to redress the huge gulf between its wealth and its poverty is a foregone conclusion. Statistics of outflows from Africa against inflows in everything from aid, foreign direct investment to remittances will boggle the mind. But you already know that. What Africa needs to do about it is another matter altogether. President […]

Mining Rot – Can Magufuli Shake the Dust Off Ruling Party?

Mining Rot – Can Magufuli Shake the Dust Off Ruling Party?

As Tanzanians grapple with what exactly to make of the findings of two presidential committees tasked with investigating the mineral concentrates saga, the spotlight is now on the pair of hands that are accused of signing the bad deals that have caused the Treasury shocking losses in potential revenue. That Tanzania has had a raw […]

South Africa, Botswana Clash Over Diamonds

South Africa, Botswana Clash Over Diamonds

Diamond production behemoth De Beers Group of Companies will hold a Sight next week at Diamond Trading Company Botswana (DTCB) in Gaborone where they will auction stones without rough diamonds from neighbouring South Africa. This follows a shocking decision last week by South Africa’s minerals minister, Mosebenzi Zwane, of refusing to grant an exemption to […]

We’re in Process of Retrenching Workers – Acacia Mining

We’re in Process of Retrenching Workers – Acacia Mining

Acacia Mining has confirmed that it is in the process of retrenching its workers mostly in the security section. Acacia communications and public relations manager Nectar Foya informed The Citizen in an email that the company will be outsourcing its security function at all three of its mines to a specialist security provider. Acacia owns […]

Where Pupils, Teachers, Parents Prefer Gold Mining to Schooling

Where Pupils, Teachers, Parents Prefer Gold Mining to Schooling

As early as 10am, seven-year-old Joseph Ouma is standing in a muddy stream, filtering gold from the water channels connecting to River Okame in Amonikanine village, Buteba sub-county in Busia district. As ZURAH NAKABUGO reports, Ouma is just one of many children who have all but abandoned school in favour of more ‘lucrative’ activities. Asked […]

Why Mineral Wealth Not a Blessing for Africa

Why Mineral Wealth Not a Blessing for Africa

Tanzania is one of the most abundantly endowed with natural resources just like most of other African countries, but is still ranked high amongst the 25 poorest countries in the world. Private investment in mineral sector in Tanzania is in place for almost 20 years since the country opened its doors for foreign direct investment […]

President John Magufuli’s Mineral Sands Probe Findings Shake Tanzania

President John Magufuli’s Mineral Sands Probe Findings Shake Tanzania

A day after President John Magufuli ordered security organs to investigate parties involved in the mineral sand saga, the Prevention and Combating of Corruption Bureau (PCCB) and the Police are already on their toes implementing the directive. President Magufuli issued the instruction on Wednesday following revelations of massive thieving within the mining sector, apparently engineered […]

Tanzania’s John Magufuli Fires Energy Minister

Tanzania’s John Magufuli Fires Energy Minister

President John Magufuli wants energy and mineral minister Prof Sospeter Muhongo to reconsider his position after he was implicated in the mineral sand saga report. The president was responding to recommendations made to him in the report by a special committee he formed to investigate gold and cooper consentrate in mineral sand. “The minister is […]

How President John Magufuli Opened Eyes of Academicians And Legislators in Tanzania

How President John Magufuli Opened Eyes of Academicians And Legislators in Tanzania

Academicians and legislators have described the probe report on copper concentrate exports presented to President John Magufuli as an eye-opener, on how Tanzania has been losing billions of shillings in the mining sector, calling for transparency in contracts between the government and investors. Soon after findings of the scathing report were unveiled yesterday, share prices […]

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