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Showing posts with label Tanzania Today. Show all posts
Showing posts with label Tanzania Today. Show all posts

Thursday, May 25, 2017

The President of United Republic of Tanzania Remove Minister Following Investigation on Mineral Sand Exports



Government of Tanzania has released yesterday the report of the Presidential Committee’s investigation into the contents of gold, copper and other minerals in the mineral sand in containers for export.

 The report, in Swawili, identifies major discrepancies in the average concentration of these minerals, per ton of mineral sand, resulting in losses of revenue from royalties.
 Gold The Committee has identified large quantities of gold between 671 g / t to 2,375 g / t, equivalent to an average of 1400 g / t. This average is equivalent to 28 kg of gold in a container with 20 tons of gold ore.

Thus, the 277 containers of mineral sand blocked at the Port and Dry Port of Dar es Salaam and will have approximately 7.8 tons of gold worth TZS 676 billion (USD 307 292 720), the report explains.
The committee reminds that the Tanzania Minerals Audit Agency (TMAA), the government’s body responsible for monitoring and auditing of mining operations, recorded an average gold concentration of 200 g / t, equivalent to 4 kg of gold per container.
 Copper The average amount of copper identified in the 277 containers is 1440.4 tons which is worth TZS billion 17.9 (USD 8,138,260).
However, shipping documents that the Committee received from port revealed that the average rate of copper is equal to 4 tons of copper in each container, equal to 1,108 tons of copper for 277 containers with a value of TZS 13.6 billion (USD 6,204,800).

Other Minerals The Committee also analyzed and identified discrepancies in the concentration and value of other minerals, including silver, sulfur, iron, iridium, rhodium, ytterbium, beryllium, tantalum, and lithium.

 In its recommendations, the Committee advises the government to maintain the suspension shipment of mineral sand abroad unless royalties are paid based on the real value of concentrate as outlined in the investigation.

Also, it advises TMAA to seal the containers immediately after sampling to avoid frauds that can happen afterward. The Committee finally advises the government to ensure that the construction of smelters in the country takes place as soon as possible. 

Following the presentation of the results of the investigation, on the same day, President Magufuli revoked the appointment of the Minister of Energy and Mines Prof. Sospeter Muhongo, with immediate effect. The president also dissolved TMAA board of directors and suspended TMAA Chief Executive Officer. 

Tanzania Mineral Concentrates Exports Ban Tanzania issued a ban on the export of mineral concentrates and ores for metallic minerals such as gold, copper, nickel and silver, with effect from 2nd March 2017, and established two special committees to examine the extent, types and values of minerals contained in mineral sand in containers for export in various locations in the country. 

The ban heavily affected Tanzanian gold producer Acacia Mining (LSE:ACA) who reported a reduction in sales of almost 35,000 ounces lower than production in its results for Q1 2017, because of the ban, the company explains.

 Following the release of the investigation yesterday, Acacia re-iterated that it fully declares everything of commercial value that it produces and pays all appropriate royalties and taxes on all of the payable minerals that it produces. The company also indicates that it will provide a further update to the market as soon as practical.

Saturday, May 13, 2017

Taarifa Kuhusu Hali ya Saimoni Msuva




Nyota  wa timu ya yanga Msuva alipata jeraa  wakati wa mpambano wao zidi ya mbeya city uluiofanyika  uwanja wa taifa jijini Dar es salaam huko yanga kuibuka  na ushindi mnono wa ngili mbili  kwa moja ,Yanga ndio walioanza kuongoza kwa ngoli moja lilo fungwa na   Msuva  kupelekea kuchanika juu ya jicho lake la kushoto ambapo ameshonwa nyuzi nne baada ya kugongana na mchezaji wa Mbeya city wakati akifunga goli lake la 14 kwenye ligi kuu Tanzania bara msimu huu.

 YANGA SC imerudi kileleni mwa Ligi Kuu ya Vodacom Tanzania Bara kutokana na ushindi wa mabao 2-1 dhidi ya Mbeya City ya Mbeya jioni ya leo Uwanja wa Taifa, Dar es Salaam.

Ushindi huo unawafanya mabingwa hao watetezi watimize pointi 65 baada ya kucheza mechi 28 na kuendelea kuongoza Ligi Kuu. Simba inaangukia nafasi ya pili kwa pointi zake 65 za mechi 29, ikizidiwa wastani wa mabao.  

Katika mchezo huo uliochezeshwa na refa Andrew Shamba wa Pwani, aliyesaidiwa na Joseph Pombe wa Shinyanga na Haji Mwalukuta wa Tanga, dakika 45 za kipindi cha kwanza zilimalizika Yanga ikiwa inaongoza 1-0.

Hata hivyo, Yanga wakafanikiwa kupata bao la pili lililofungwa na mshambuliaji Mzambia, Obrey Chirwa dakika ya 64 akimalizia mpira wa adhabu wa Juma Abdul.

Mbeya City ilijitahidi kujaribu kusawazisha bao hilo, lakini tayari wapinzani wao, Yanga walikuwa wamekwishaanza kucheza kwa kujihami zaidi na kushambulia kwa kushitukiza.

Mrisho Ngassa aliingia kipindi cha pili upande wa Mbeya City, lakini hakuwa na madhara kwa timu ya timu yake ya zamani zaidi tu ya kusisimua mashabiki kwa uchezaji wake mzuri. 

Kikosi cha Yanga; Benno Kakolanya, Hassan Kessy/Emmanuel Martin dk, Mwinyi 
 Hajji Mngwali, Vincent Bossou, Nadir Haroub ‘Cannavaro’/Kevin Yondan dk67, Thabani Kamusoko, Simon Msuva/Juma Abdul dk12, Haruna Niyonzima, Amisi Tambwe, Obrey Chirwa na Geoffrey Mwashiuya.

Mbeya City; Owen Chaima, Haruna Shamte, Hassan Mwasapili, Tumba Lui, Sankani Mkandawile, Kenny Ally, Ditram Nchimbi, Majaliwa Shaaban, Zahor Pazi/Bryson Raphael dk46, Raphael Daudi na Rajab Isihaka/Mrisho Ngassa dk58.

President of united Republic of Tanzania Reiterate Support to Tanzania Private Sector But Tax Compliance Remain Key



The President of Tanzania, Hon. Dr. John Magufuli hosted on 6th May 2017 the National Business Council (TNBC) – a forum for public and private sector dialogue – at the White House in Dar es Salaam.


Launched in 2001, the dialogue aims to reach consensus and mutual understanding on strategic issues relating to the efficient management of resources in the promotion of social economic development in Tanzania.

During the forum President Magufuli reiterated its Government’s commitment to cooperate with the private sector in planning and implementation of plans, policies and various laws on investment and business, and to remove barriers and bureaucracy that hinder trade and investment.

Following complaints about delays in cargo handling at the Dar Es Salaam port President Magufuli has ordered, during the forum, that from the 8th of May 2017 all the government institutions that offer services at the port of Dar es Salaam to operate 24 hours a day, 7 days a week. The institutions concerned include the Tanzania Revenue Authority (TRA), the Tanzania Food and Drugs Authority (TFDA) and the Tanzania Bureau of Standards (TBS).

 However, President Magufuli also urged businessmen and investors to comply with their tax duties, avoid engaging in corruption and raising the price of the services provided to the government.


 Since coming to power in November 2015, President Magufuli has been praised by the business community for its crackdown on corruption.

 He has also made tax compliance and collection a key point of his administration. However, he is often criticized for the hefty austerity measures he has introduced that have heavily reduced government spending on the private sector, and for the lack of engagement with the business community.

Wednesday, May 10, 2017

Big Opportunity International Mobile Money Transfer Now Available in Tanzania




International mobile payment network TerraPay has obtained regulatory approval from the Bank of Tanzania (BOT) to launch international money transfer services to mobile wallets in Tanzania.

This is the first license of its kind in Tanzania, allowing TerraPay’s partners across the world to send money directly to mobile wallets in Tanzania.

 Through a partnership with Tanzanian mobile money aggregator Selcom, TerraPay can send money to all the prominent mobile wallets in Tanzania.

 Tanzanian diaspora in UK, France, Italy, Canada, US, South Africa and other countries can now send remittances directly to Vodacom M-Pesa, Tigo Pesa, Airtel Money and Zantel Ezy Pesa mobile money accounts, TerraPay explains. Furthermore, the company has also been licensed by the Tanzania Communications Regulatory Authority (TCRA) for mobile-based domestic payments. According to World Bank (WB), Tanzania received a total of USD 390 million in 2015 from over 4 million expatriates living abroad.

 Mr. Ambar Sur, Founder & CEO of TerraPay commented “Tanzania is one of the fastest growing country in mobile wallet space with a total of 18 million active mobile money subscribers.

The Bank of Tanzania’s recent move to provide TerraPay with a license to send international remittances to mobile wallets in the region will provide a boost to remittances in Tanzania. We are positive that other partners will join the TerraPay hub which will help to grow and sustain remittances to mobile wallet in the region.


” TerraPay is registered and regulated in several jurisdictions. In the UK, it is regulated by the Financial Conduct Authority (FCA).

Wednesday, April 12, 2017

Morocco Sign MOU with Tananzania Investment Centre

The Moroccan Center for Export Promotion (Maroc Export) and the Tanzania Investment Center (TIC) signed a Memorandum of Understanding for Cooperation during the 2nd Edition of African Business Connect, held in Dar Es Salam on 5th April 2017.

 “We have signed economic agreements with Tanzania.
 These are necessary for the growth of trade among African countries,” said the Moroccan ambassador to Tanzania, Mr Abdillah Benr Yane.


Organized by Maroc Export and BMCE Bank of Africa to boost exchanges between public and private Moroccan-Tanzanian actors, the event received more than 300 participants from both countries.

The inaugural session was graced with the presence of a wide range of officials and representatives of various organizations, including Pr. Adolf MKENDA, Permanent Secretary of the Ministry of Trade and Investment of Tanzania, Mrs. Zahra MAAFIRI, General Manager of Maroc Export, Mr. Godfrey SIMBEYE, Executive Director of Tanzania Private Sector Foundation (TPSF), Mr. M’Fadel EL HALAISSI, Deputy CEO – BMCE Bank Of Africa, Mr. Ammish OWUSU AMOAH, CEO Bank of Africa Tanzania (BOA), Mr. Mohammed BENAYAD, General Secretary of Department of Foreign Trade, Ministry of Trade, Industry, Investment, and Numeric Economy of Morocco, Minister Khalid Salum Mohamed, Minister of Finance of Zanzibar, and H.E Mr. Abdelilah BENRYANE, Ambassador of the Kingdom of Morocco.

The mission aims to leverage the abundant business opportunities in Tanzania and shed light on the potential of cooperation in such fields the electricity/renewable energies, import/export, construction and real estate, transport, telecom, Finance, an official press release explains. Clifford Tandari, Executive Director of TIC commented that Moroccan investors also eyed mining and agroprocessing.


 “Some Moroccan investors have conducted a study and found huge potential in fisheries. They intend to set up a giant fish processing factory [in Zanzibar],” Minister Salum added. In October 2016 King Mohammed VI of Morocco visited Tanzania to sign 21 Memorandums of Understanding (MoUs) for economic development in key sectors such as energy, mining, gas, aviation, agriculture, and tourism, as part of Morocco’s aim to establish relations of mutual benefit with African countries.

AfDB Approves USD 29.8 Million Loan To Boost Tanzania’s Natural Gas Sector



The African Development Bank (AfDB) has approved a USD 29.8 Million loan to Tanzania to help the country mobilize domestic resources and unlock the potential of its natural gas resources through leveraging domestic markets and local content initiatives.

 The approval follows a workshop held in Dar Es Salaam on 20 March 2017, co-organized by the National Economic Empowerment Council (NEEC) of Tanzania and the African Natural Resources Center of the AfDB, under the theme “Unlocking the potential of gas resources In Tanzania, leveraging domestic markets and local content requirements”.

The one-day workshop held in Dar Es Salaam focused on local content and gas utilization at national and regional levels and was attended by representatives from public and private sector, both national and international.

The Executive Secretary of the NEEC, Beng’I Issa, addressed the workshop, saying that the Council “looks forward to a fruitful collaboration between public and private sector to achieve the intended goal of empowering Tanzanians”.

 The approved project will help Tanzania capture the best value from their natural gas resources through a sound regulatory framework to manage natural gas reserves and to attract investment, as well as support for government negotiations teams to ensure the country gets the best deals and local content policies formulation to create jobs in the gas sector.

 The project will also contribute to designing strategies for domestication of natural gas, so that the gas resources can be utilized nationally and regionally to develop the energy and industry sectors. While the large gas offshore discoveries can be a game changer for the country, doubling GDP, developing access to energy at national and regional levels and facilitating industrial development, it also represents significant challenges, the AfDB explains.


“The AfDB is stepping up its support to the Government of the United Republic of Tanzania to develop the gas sector that is potentially transformative for the country,” AfDB’s Country Manager for Tanzania (OIC), Chidozie Emenuga, said. Tanzania Gas Tanzania’s estimated natural gas reserves currently (2016) stand at 57 trillion cubic feet (TCF).

As included in Tanzania’s Natural Gas Policy from 2013, the country aims at achieving a competitive natural gas industry contributing significantly to broad based growth and socio-economic transformation of Tanzania.

Friday, April 7, 2017

Hungary Agree to Support Tanzania Industry

President Magufuli receives the credentials from Hon. Eduard Mathe Laszlo. Ambassador of Hungary to Tanzania

The newly appointed Hungarian Ambassador to Tanzania Hon. Eduard Laszlo Mathe has assured President Magufuli that his country is ready to cooperate with Tanzania in developing its industrial sector. 

The announcement was made at the State House in Dar es Salaam on 23rd March 2017, when handing over his credentials. Hon. Eduard has congratulated President Magufuli for his efforts in developing the Tanzanian economy and has promised that Hungary will promote and strengthen its cooperation with Tanzania to bring technology in various sectors, including manufacturing and agriculture and will encourage investors to come and invest in the country.

 During the ceremony, President Magufuli has also received the credentials of the Ambassador of Belarus to Tanzania Hon. Dmitry Kuptel, who indicated that his country has set itself to strengthen its presence in Africa and in Tanzania by increasing investment in industry and commerce.



Other ambassadors who presented their credentials are the Ambassador of Guinea Hon. Sidibe Fatoumata Kaba, the Ambassador of Botswana Hon. Lebonaamang Thanda Mokalake, the Ambassador of Niger Hon. Adam Maiga Zakariaoum, and the Ambassador of Mauritius Hon. Jean Pierre Jhumun. 

“I am told Mauritius makes good textiles and sugar produces, and I will be very happy to see investors from Mauritius to produce sugar in Tanzania,” President Magufuli said. Hon. Magufuli President assured all the newly appointed ambassadors that Tanzania will continue to further strengthen economic relations and cooperation with them.



President Magufuli receives the credentials from Hon. Eduard Mathe Laszlo. Ambassador of Hungary to Tanzania

Read more at: http://www.tanzaniainvest.com/economy/trade/hungary-industry and follow us on www.twitter.com/tanzaniainvest 

Helium Exploration in Tanzania to Start in 2018




Tanzania’s Deputy Minister for Energy and Minerals Dr. Medard Kalemani said during a recent parliamentary session that helium exploration in Lake Rukwa is expected to start next year. Around 54 billion cubic feet (Bcf) of unrisked prospective recoverable helium resource have been recently estimated in the Lake Rukwa area in Southwestern Tanzania.

 Dr. Kalemani clarified that actual production would start after the completion of all the necessary studies and environmental impact assessment.

“The government needs to ascertain the amount of gas available before issuing any production licenses,” he added. Currently, Helium One Limited hold an exploration license for helium gas in Rukwa Region.


n March 2017, Solo Oil plc (AIM: SOLO), an oil and gas investment company with assets in Tanzania (natural gas), West Africa, the UK, and Canada, announced that it has agreed to acquire a 10% interest in Helium One Limited for a total consideration of GBP2.55 milliob.

Solo has also been granted a 90-day call option to increase its investment in Helium One by a further 10%, for an additional investment of GBP 4 million.

 According to Neil Ritson, Solo’s Chairman “The global helium market is anticipated to see a sharp drop in supply in the next five years as the US Strategic Reserve ceases sales, and with helium’s increasing use in modern life, such as MRI scanners, Solo has identified Helium One’s world-class assets in Tanzania as a compelling and complementary investment for Solo’s portfolio of oil and gas investments.

” Global demand for helium is growing at a rate that is outstripping supply, which presents a significant pricing opportunity for future producers.


Tanzania has been identified as a key country for helium exploration based on the evidence of surface gas seeps in the geological rift valleys adjacent to the Tanzanian Craton, as well as its strategic location for global exports through its deep-water port at Dar es Salaam.

EU to Support Tanzanian Budget with EUR 205 Million


Mr Doto James, Permanent Secretary of the Ministry of Finance and Planning, and H.E. 

Roeland van de Geer, Head of the European Union Delegation to Tanzania and the East African Community, signed on 3rd March 3017 the Financing Agreement for a new budget support program worth EUR 205 million. 

The Tanzania Economic and Fiscal Governance Programme will contribute to the effective implementation of the Second Five Year Development Plan (FYDP-II) of Tanzania (2016/2017-2020/2021), by providing direct financial support to the budget and ensuring that the necessary fiscal policies (i.e. policies in Domestic Revenue Mobilisation, Public Expenditure Management and Accountability of public funds) are adopted and followed-through. 

The financing is part of EUR 626 million grant that the EU has allocated to Tanzania under the 11th European Development Fund (EDF) for the period 2014 – 2020 to support government budget as well as energy and sustainable agriculture sectors. 

Two complementary measures to this budget support are part of this programme: support to the Tanzania Revenue Authority (TRA) in their tax modernisation programme and a facility to provide high-quality research to foster the policy dialogue on economic governance. 

The funds will be disbursed in four yearly payments depending on progress made by the Government of Tanzania in the areas specified in the Financing Agreement. Mr. Doto James said, “The support will play an important role in complementing domestic resources for financing priority expenditures under the 5-Year Development Project Phase II.

 The Government greatly values and appreciates European Union’s commitment to Budget Support and would like to encourage other Development Partners to re-consider use of the instrument in channeling their financial support. 

I re-affirm the 5th Phase Government’s steady commitment to sound and prudent economic and public financial management and accountability”.

 H.E. van de Geer explained, “The Second Five Year Development Plan is intended to make Tanzania less of an agriculture-based economy and more of an industry-based economy. 

This requires substantial amounts of money and these financial resources will need to come from domestic taxes, financial markets, the private sector and development partners. 

The contract that will be signed here today, will help the Ministry of Finance and Planning to do exactly that; it will help the Ministry to achieve enhanced revenue mobilisation, improved accountability and greater efficiency in public expenditure.

” “We are fully aware of the considerable political and economic challenges that remain at present in Tanzania, and are committed to supporting the Government in facing them.

 It is felt that this Sector Reform Contract is best suited to assist Government in improving its economic and fiscal governance, and therefore achieve the progress it has set out for itself in the second Five Year Development Plan,” van de Geer concluded. 

In November 2016, the EU announced it commitment to stronger relations with Tanzania and that there is room for increased European investments to the country, if a number of obstacles to doing business are efficiently tackled by the Government of Tanzania.

Tuesday, March 14, 2017

Gas Reservoir at Ntorya-2 in Ruvuma Has Potential for Commercial Development



Oil exploration and production company Aminex (LON:AEX) recently announced that during the production testing on the recently drilled Ntorya 2 appraisal well, no formation water was produced, leading the company to conclude that the area contains a significant volume of gas.

 Jay Bhattacherjee, CEO of Aminex said: “The overall results of Ntorya-2 have substantially exceeded Aminex’s expectations and now we have the potential for a commercial development project in the Ruvuma Basin. Ntorya-2 is currently being suspended for future production. Further analysis of the well results is ongoing and we will keep shareholders informed of progress.” He added:

 “Despite the measures we had to take to control the well during drilling, due to a large gas influx in the reservoir section, the Ntorya-2 test clearly supports our belief that there is a considerable gas basin to be exploited in our Ruvuma onshore acreage which we are looking forward to developing.
 This project should ultimately be of immense benefit to the Tanzanian economy and is an excellent result for our patient and supportive shareholders and all other stakeholders.
” Aminex will now complete a full analysis of all technical data prior to applying for a 25-year development license over the Ntorya appraisal area.

 Ntorya-2 was drilled in the onshore Ruvuma Basin of southern Tanzania, on the Mtwara Licence (Aminex 75%, operator) that is governed by the Ruvuma Production Sharing Agreement.

 In an exclusive interview with TanzaniaInvest in July 216, Bhattacherjee explained that Aminex does not have the financing needed to develop Ruvuma and that the appraisal was needed first.

“After we have the gas volume approved, we’ll decide what to do: dive into the project with financing investors, or raise the bank finance necessary to continue”, Bhattacherjee concluded. SHARE TWEET PIN SHARE


Mkuranga Tile Plant Construction Work Started



On 2nd March 2017, the President of the Tanzania John Magufuli has laid the foundation stone of the Goodwill Tanzania Ceramic Company Limited tile plant in the Mkuranga District, north of Dar Es Salaam.

 The factory has an estimated constructing cost of USD 50 million for the first phase and will be able to produce 80,000 square meters of tiles per day, and will directly employed 1,000 people.

Speaking at the event, the Secretary of the Ministry of Industry, Trade and investment, Dr. Adelhelm Meru reminded that under Tanzania’s fifth-phase government lead by President Magufuli, a the total of 2,169 small, medium and large manufacturing industries are registered with the Tanzania Investment Centre (TIC) and are in various stages of completion. The Chinese Ambassador to Tanzania Hon.

 Dr. Lu Youqing congratulated President Magufuli for its efforts to promote economic growth in Tanzania and has noted that China will continue to cooperate with Tanzania to promote investment in the country, including in the building industry. Ambassador Youqing also reminded that the Chinese direct investments to Tanzania China totaled USD 6.6 billion at the end of June 2016 and generated 150,000 direct jobs and 450,000 indirect jobs.

The construction works of the Goodwill tile plant were supposed to start in December 2016. The roofing tiles produced will be distributed across the member states of the East African Community (EAC), according to Frank Yang, CEO of Goodwill Ceramic Limited.

Read more at: http://www.tanzaniainvest.com/construction/mkuranga-tile-plant-construction-work-started and follow us on www.twitter.com/tanzaniainvest 

Saturday, February 11, 2017

Tanzania Forecast Annual Power Demand to Increase by 71% by 2020



Tanzania forecasts its annual power demand to increase by 71%, from 7,860 GWh in 2016 to 13,430 GWh in 2020.
This was indicated in the recently published update of the Power System Master Plan (PSMP) by the Ministry of Energy and Minerals (MEM) of Tanzania.

 PSMP notes that the main factors leading to power demand growth in Tanzania are: GDP Growth: the past GDP growth rate of Tanzania was average 7% per year, and the future GDP growth rate will be similar, driven by gas development, establishment of transportation infrastructure, increase of Foreign Direct Investment (FDI), increasing level of education, construction of communication facilities and construction of modern households.

Gas Infrastructure: gas intensive business will be promoted by the development of gas infrastructure such as chemical, Liquefied Natural Gas (LNG) and transportation industries. Such industries consume a lot of electric power for their production activities.

 Industrial Power Consumption: the power demand growth rates for industrial and commercial sectors are expected to reach 18% per year from 2015 to 2020 while the growth rates are 11% for industry and 13% for commercial sector afterward.

Residential Power Consumption: the growth rate of power demand in residential sector will increase with average 11% per year from 2015 to 2040. Electrification Rates: since the electrification rate of Tanzania in 2015 is 41%, there is a room for increasing the electrification rate, which is assumed to reach more than 50% in 2020 and 90% in 2035.

Power consumption per capita is 137 kWh in 2016; it is rather small compared to other developing countries such as Kenya, Ghana and Zambia. In the future, it will become 240 kWh per capita in 2020 and 1,050 kWh per capita in 2040.

“Currently, power supply in Tanzania cannot meet the demand. Such imbalance has to be solved as soon as possible.
 During the period when the shortage is gradually relieved, power demand will grow at higher rate than normal.
 In PSMP 2016, it is assumed that the power shortage will be relieved toward the year 2020,” PSMP indicates.

 Tanzania Power Tanzania’s power resources include hydro, natural gas, coal, uranium, wind, geothermal, biomass, solar, tidal and waves. Currently (2016), Tanzania’s total grid installed capacity is 1,357.69 MW composed of hydro 566.79 MW (42%), natural gas 607 MW (45%) and liquid fuel 173.40 MW (13%). To meet the growing demand for electricity, the Government is planning to increase Tanzania’s generation capacity to 10,000 MW in 2025. To achieve this goal, the Government of Tanzania has embarked on reforming the Electricity Supply Industry (ESI) mainly by attracting private capital in the industry.

Monday, February 6, 2017

Russia to Finance Tanzania Nachu Graphite Project



Australian graphite developer Magnis Resources (ASX:MNS) recently signed a Memorandum of Understanding (MoU) with Russia’s nuclear corporation ROSATOM for project financing and offtake of its Nachu graphite project in southeast Tanzania.

Under the MoU, both organizations will work together towards a binding offtake agreement once further negotiations take place and certain milestones are met.

“Interest revolves around the Super Jumbo (+500 microns) and Jumbo (+300 microns) flake graphite sizes. The larger flake sizes are currently being consumed by ROSATOM in several of its business divisions including nuclear power generation, aerospace and creating composites,” Magnis indicates.

Frank Poullas, Chairman of Magnis, commented: “Today’s announcement is a key step towards a binding offtake agreement for our Super Jumbo and Jumbo products and potential financing with the world’s largest nuclear power technology company.” “ROSATOM is the world leader in the development and construction of nuclear reactors with over USD130b worth of orders in place.

Larger flake graphite which our Nachu Project will produce is a key material used in these nuclear reactors and it is highly sought after. Our project therefore is strategically important to ROSATOM over the longer term.

” “The Magnis board looks forward to a long fruitful relationship with ROSATOM and our focus now is to move the MOU into a binding offtake agreement.” Alexander Merten, President of ROSATOM, added:
 “We are pleased to enter into this MoU with Magnis. ROSATOM is known for the quality of its products and we are seeking to develop long term partnerships with the highest quality graphite producers in the world. Magnis has these key attributes.”

Nachu Graphite Project The Nachu graphite project in southeast Tanzania is 100% owned by Magnis and represents one of the largest mineral resources of large flake graphite in the world. The Nachu operating life is estimated at approximately 15 years.

“This comprises approximately 11.7 years at 240,000 tpa nameplate concentrate output after which lower grade ore stockpiles are processed for another 3.5 years at an average concentrate output rate of 160,000 tpa,” as indicated in the Magnis website.

ROSATOM, through its subsidiary Uranium One, is the owner of the Mkuju River uranium project located in southern Tanzania.

Tanzania Graphite Tanzania’s largest graphite deposits are located in the central and east southern regions of the country.

 At the end of 2015, The Tanzanian Ministry of Energy and Minerals (MEM) announced that Tanzania will soon become one of the largest producers of graphite in the world, due to recent and abundant discoveries of graphite fields across the country.

 Graphite discoveries in Tanzania come mainly from Australia based graphite developers, Magnis Resources (ASX:MNS), Volt Resources (ASX:VRC) and Kibaran Resources (ASX:KNL).

Friday, February 3, 2017

SERENGETI BOYS YAREJESHWA AFCON, KIJEBA AIPONZA KONGO




Timu ya taifa ya vijana chini ya umri wa miaka 17 ya Tanzania, Serengeti Boys imerejeshwa kwenye michuano ya Mataifa ya Afrika kwa vijana wa umri huo.

Rais wa Shirikisho la Soka Tanzania (TFF), Jamal Malinzi akiwa mwenye furaha kubwa amesema jioni ya leo; "Timu ya Taifa ya vijana umri chini ya miaka 17 imefaulu kucheza fainali za Afrika. Hongera Serengeti Boys! Hongera Tanzania!,"amesema Malinzi na kufafanua.

"Tumefaulu kucheza fainali za Afrika. Tulipeleka CAF malalamiko dhidi ya mchezaji wa Kongo Brazaville Langa Bercy kutilia mashaka umri wake. Aliitwa na CAF mara tatu arudie kipimo cha umri hakuja, hivyo Congo. imeondolewa kwenye mashindano," 

 Mwanzoni mwa mwezi uliopita, Shirikisho la Soka Afrika (CAF) liliwapa siku 10 Shirikisho la Soka Kongo (FECOFOOT) kumuwasilisha mchezaji Langa Lesse Bercy mjini Libreville, Gabon afanyiwe vipimo vya MRI ili kuthibitisha umri wake kama anaruhusiwa kucheza mashindano ya vijana chini ya umri wa miaka 17.
Katika kikao cha Kamati ya Utendaji ya CAF jana mjini Libreville, FECOFOOT walitakiwa kumpeleka mjini humo Langa Lesse Bercy akafanyiwe vipimo kufuatia malalamiko yaliyowasilishwa na Shirikisho la Soka Tanzania (TFF), baada ya zoezi hilo kushindikana mara mbili.
Na hatua hiyo ilifuatia Rufaa ya TFF dhidi ya mchezaji huyo baada ya Kongo kuitoa U-17 ya Tanzania katika hatua ya mwisho ya mchujo wa kuwania tiketi ya fainali za mwaka huu zilizopangwa kufanyika Madagascar.
Awali, Kongo walitakiwa kumpeleka mchezaji huyo makao makuu ya CAF mjini Cairo, Misri kwa vipimo, lakini mara mbili wakashindwa kufanya hivyo.
Fainali za U-17 Afrika ilikuwa zifanyike nchini Madagascar kuanzia Aprili mwaka huu, lakini mwezi uliopita CAF iliivua uenyeji na kutoa muda hadi Januari 30 mwaka huu nchi nyingine kujitokeza kuomba uenyeji.

World Bank Approve USD225m for Tanzania Water Supply

World Bank Approve USD225m for Tanzania Water Supply




The World Bank (WB) recently approved USD225m loan to improve access to water supply and sanitation services in Dar es Salaam.

 The funding will also support the strengthening of capacities for integrated water resources planning and management in Tanzania. The loan will benefit up to 1.9m Tanzanian citizens, including 700,000 residents of the country’s largest city, Dar es Salaam.

The WB note that in 2015/2016, the city’s non-revenue water (NRW – water that is produced but is somehow lost in the system) rate reached a high of 53%, against a water service coverage of about 55%.

 “In Dar es Salaam, many citizens, including women and young girls, still spend considerable time collecting water, which takes time away from education and the productive activities so necessary for strengthening their livelihoods,” sayd Bella Bird, WB Country Director for Tanzania, Burundi, Malawi and Somalia.

“This project aims to lessen their burden while contributing to Dar es Salaam’s increased competitiveness and productivity as a critical and vibrant commercial hub of the country,” she added.

 This project also addresses issues such as inadequate coordination among institutions, weak data management and reporting mechanisms, and operational inefficiency.





Tanzania Water Supply In September 2015, the Ministry of Water and Irrigation (MOWI) reported that 7.9m people had gained access to safe water through 584,473 household connections and 5,836 kiosks and public taps; and 527,000 people were connected to the sewerage system.

 MOWI also reported that 2.8m Dar es Salaam residents also achieved access to safe water supply through 152,000 domestic connections and 203 kiosks/public standpipes; while about 326,130 people were connected to the sewerage network.


The WB has supported various initiatives in Tanzania’s water sector including the Rural Water Supply and Sanitation Project (2002–2008); and the Dar es Salaam Water Supply and Sanitation Project (2003–2010).

The two projects provided the foundation for the development of the Government of Tanzania’s Water Sector Development Program (WSDP) in 2006, to which the World Bank provided financing under Water Sector Support Project (2007–2015). The WB indicates that good progress was achieved through the WSDP-1 with the development of vital legal and institutional reforms for effective Integrated Water Resource Management.

These include the completion of integrated water resources management and development plans for six basins (Internal Drainage, Lake Nyasa, Ruvuma and Southern Coast Rivers, Lake Tanganyika, Rufiji River, and Lake Rukwa), with plans currently underway for the remaining three: Pangani, Lake Victoria and the Wami-Ruvu basin in which Dar es Salaam is located.

Germany Government Confirm Namangale Graphite Quality



Australian mining company Volt Resources (ASX:VRC) recently announced that an independent German metallurgical laboratory has confirmed the high quality of the Namangale graphite concentrate.

 The tests also show that the concentrate is highly suitable for producing commercial grade expandable graphite for flame retardant foam and graphite foil, which are two key growth markets for graphite distribution.

The report indicates: “expansion tests of expandable graphite made of flake graphite concentrate from Namangale were very successful compared with product from other origins.” Volt notes that the German group that completed the testwork is a global specialist in graphite testing and analysis.

 “This is highly encouraging news flow for Volt, as proposed regulatory changes in China and Europe for the mandatory use of non-toxic substances in flame retardant building materials could result in substantial future demand for expandable graphite,” the company indicates.

 “Having independent test work confirm the suitability of Volt’s graphite product in the flame retardant building materials market is a key differentiating feature from rivals,” Volt adds. Trevor Matthews, CEO of Volt, commented:

“With recent initial tests in the U.S. confirming the high quality of Volt’s concentrate to be used in lithium-ion batteries, it is very encouraging to have independent confirmation that Namangale graphite concentrate is highly suitable for expandable graphite too.

 The sales and marketing team will be targeting prospective end-user customers globally across a range graphite end-user markets.

  At this point in Volt’s development, it is a significant differentiating feature and competitive edge to be able to deliver concentrate that can make high quality spherical and expandable graphite for various downstream applications.”
Namangale Graphite Project The Namangale graphite project in south-east Tanzania is wholly owned by Volt Resources.

 In Q2 2016, the company signed three Memorandums of Understanding (MoUs) for graphite off-take with some of the largest companies in the lithium-ion battery market: Chinese Optimum Nano, Huzhou Chuangya and Shenzhen Sinuo.

The MoUs cover an annual production of 100,000t of graphite, of which 60,000t with Optimum Nano, 20,000t with Huzhou Chuangya and the remaining 20,000t with Shenzhen Sinuo.

Tanzania Graphite Tanzania’s largest graphite deposits are located in the central and east southern regions of the country. Graphite discoveries in Tanzania come mainly from Australia based graphite developers, Magnis Resources (ASX:MNS), Volt Resources (ASX:VRC) and Kibaran Resources (ASX:KNL).
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