Dar es Salaam, Tanzania | AFP | Tanzania has agreed to negotiations with Canadian mining giant Barrick Gold which it accuses of operating illegally and evading taxes, a government statement said Wednesday. Barrick is the majority shareholder in London-listed Acacia Mining which a presidential commission report said this week …
Read More »PICTORIAL: Newly-accredited envoys present credentials to President Museveni
PICTORIAL: Five newly-accredited envoys to Uganda presented credentials to President Yoweri Museveni on Tuesday at State House, Entebbe. This after related welcome ceremonies. Sara Hradecky, the new High Commissioner of Canada. “We urge Canada to join us in our efforts to support refugees,” said Museveni. Maria Erla Marelsdottir of Iceland. “Uganda hopes to …
Read More »Tanzania says 19 years of mining fraud cost 75 billion euros
Nairobi, Kenya | AFP | Fraud in the mining sector since 1998 has cost Tanzania 75 billion euros ($84 billion), an investigating commission said Monday, blaming foreign companies failing to declare revenues. The conclusions of the study, conducted by Tanzanian economists and legal experts and seen by AFP, were approved …
Read More »COVER STORY: Pipeline politics
Behind Museveni, Kenyatta, Magufuli moves in US$ 3.5bn deal In what has become a tension and release pattern, the plan to construct Africa’s longest heated oil pipeline from Uganda to the Indian Ocean coast hit a milestone with the signing on May 26 of a construction agreement deal between …
Read More »LIVE: Matia Kasaija’s Sh29 trillion budget
LIVE: The Minister of Finance, Planning and Economic Development Matia Kasaija has read out a Shs29 trillion 2017/18 national budget for Uganda. Kasaija read the budget to parliament on behalf of President Yoweri Museveni. (READ FULL BUDGET HERE click) Before that, the Minister of Works tabled the Civil Aviation Authority amendment bill 2017 …
Read More »CECAFA tourney ‘dead’ as new ‘Gossage Cup’ starts
New East African competition starts today Nairobi, Kenya | AFP | A new football competition for East African teams kicks off in Dar es Salaam on Monday featuring top league clubs from Kenya, Tanzania and Zanzibar. The inaugural SportPesa Super Cup is backed by the Kenyan and Tanzania football federations after …
Read More »Why EACOP oil pipeline pact is a landmark for Uganda and Tanzania
Why EACOP Hoima-Tanga oil pipeline pact is a landmark for Uganda and Tanzania Kampala, Uganda | UG MIN EMD | The Governments of Uganda and of Tanzania have today signed the Inter Governmental Agreement (IGA) for the East African Crude Oil Pipeline (EACOP) Project. The IGA was signed by Uganda’s Eng. …
Read More »Hoima-Tanga oil pipeline deal done, agreement signed
Ugandan ministers have today signed the East African Crude Oil Pipeline Inter-Governmental Agreement (EACOPIGA) after leaders of the two nation’s agreed last week that all is set for construction to start. “This signing is landmark occasion after several months of negotiations,” said Ministry of Energy Permanent Secretary Stephen Isebalij, adding “the pipeline …
Read More »Tanzania President Magufuli sacks Mines Minister
Tanzania minister sacked: Wednesday’s report found that companies exporting raw mineral sands understated the nature and quantity of precious metals in their containers and so avoided paying taxes Dar es Salaam, Tanzania | AFP | President John Magufuli fired Tanzania’s mines minister on Wednesday after a government report found minerals exports …
Read More »Museveni, Magufuli sign Hoima-Tanga oil pipeline deal
Presidents Yoweri Museveni and John Pombe Magufuli have signed a pact expressing their intent to go ahead with the construction of a oil pipeline from Uganda to Tanzania. The two leaders on Sunday signed a communique agreeing to start construction of the East African Crude Oil pipeline (EACOP) project that is …
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