Battle: Dar es Salaam vs Nairobi

[Geza Ulole]

 

[coodip1]

Angola atapitwa tuu Kwa sababu hana population kubwa ya ku guarantee expansion kubwa ya uchumi..

Mbona Kunyaland pamoja na njaa zake keshampita Angola? Jeuri ya Tanzania ukiacha kuwa na resources nyingi pia tuna population kubwa na tuko strategic kwenye logistics business..

2030 tutawapita hao wote labda wa kututisha ni DRC tuu.

Potentially DRC ni economic giant.

 

[ichoboy01]

Havina tija kwa mabongolala kama wewe. Watu waliosoma wanajua umuhimu wa kutumia science kutatua matatizo mengine

Mumesoma alaf munakufa njaa, mumesoma alaf uchumi iko chooni inahara 🤣

 

[ichoboy01]

 

[Tz_one]

Hii itakuwa A380 ya pili ina divert to Dar kwann sio Nairobbi imetoka Saupaulo inakuja Dar ..maybe due tech issues

 

[Geza Ulole]

Air Tanzania Aircraft May Be Seized Over $100 Million Mining Compensation Claim​

BY
TATENDA KARUWA
PUBLISHED 1 DAY AGO
An Australian mining company plans to seize an Air Tanzania aircraft if it does not receive hefty compensation.

Air Tanzania airbus a220 Photo: Kelvin Mwanasoko via Wikimedia Commons

Australian-based exploration company Indiana Resources has threatened to attach one of Air Tanzania's aircraft to force the Tanzanian government to pay nearly $100 million as compensation for a failed nickel project.

The exploration company lost millions in a nickel project in Tanzania and is seeking significant compensation from the government. The value of an Air Tanzania aircraft is not enough to cover the claim, but Indiana Resources hopes that the attachment of high-profile national assets may force the government to act accordingly.


Indiana Resources is an Australian-based mining company exploring rare earth elements, gold, and base metals. The company is pursuing an arbitration claim against the government of Tanzania for illegal expropriation and the loss of the Ntaka Hill Nickel Project.

Background of the story​

In September 2020, Indiana Resources lodged a Request for Arbitration with the World Bank's International Center for Settlement of Investment Disputes (ICSID). The arbitration request includes background information on the issue and an estimate of the compensation due for the loss of the project due to the Tanzanian government's actions. The claimed compensation is more than $95 million.

Air Tanzania B787
Photo: Njora via Wikimedia .

If the state fails to pay, Indiana will consider seizing national assets, including aircraft. The company is confident that it presented a clear case for nearly $100 million in compensation. Although the date for the decision was not stated, Indiana hopes it will be before the fourth quarter of 2023.


The potential attachment of a state-owned aircraft is a shock to many, but it would not be the first time an external organization is attaching an Air Tanzania aircraft. Last year, an Airbus A220-300 was seized in the Netherlands over a land rights dispute between Tanzania and two Swedish investors.

Given that aircraft are on the move in airports globally, and outside their home country, it is an easy targets for seizure. Indeed, aircraft globally have been seized as a result of outstanding claims, and the threat of seizing millions in aircraft is one routinely used by private companies suing countries. Pakistan International Airlines saw one of its 777s temporarily attached in Malaysia, while Air India was threatened with seizure of its widebodies in the US if did pay out a dispute over billions in taxation before reaching a deal to avoid this.

Air Tanzania's fleet crisis​

Indiana Resources did not state which aircraft it would target to receive its compensation from Tanzania. According to ch-aviation's information, the flag carrier currently has a fleet of 12 active and inactive aircraft valued at $345.84 million.

The fleet includes four Airbus A220-300s, two Boeing 787-8s, five DHC-8-Q300s, and one DHC-8-Q400, wholly owned by the Tanzanian government. The value of one aircraft may not be enough to cover the claim, but the seizure of such an asset may force the state into action, as we saw with Pakistan International Airlines (although for a much smaller amount of $7mn).

Air Tanzania Boeing 787
Photo: Air Tanzania

In 2015, the former Tanzanian government made the revival of the national carrier a top priority. Since 2016, Air Tanzania has seen sturdy growth by adding new aircraft to its fleet and new routes to its network. It is currently awaiting delivery of its first Boeing 767 freighter.

However, the airline is experiencing challenges with its fleet. Three of its A220s have been grounded since late last year due to technical issues with the Pratt & Whitney engines.

Additionally, the delivery long-awaited freighter was postponed, and its invoice was inflated by nearly $50 million.

Amid these challenges, the attachment of a valuable aircraft is the last thing Air Tanzania needs.

What do you think of the challenges currently faced by Air Tanzania? Let us know in the comments!

Source: ch-aviation

Air Tanzania Aircraft May Be Seized Over $100 Million Mining Compensation Claim

An Australian mining company plans to seize an Air Tanzania aircraft if it does not receive hefty compensation.

simpleflying.com

 

[Tz_one]

 

[nairobae]

Hata wa bongo sijui. 🤣 🤣 🤣

 

[ichoboy01]

Hii itakuwa A380 ya pili ina divert to Dar kwann sio Nairobbi imetoka Saupaulo inakuja Dar ..maybe due tech issues View attachment 2588880

Naona imekaribia kabisa kushuka 👏👏

 

[nairobae]

FCB Mihrab Kilimani

 

[Geza Ulole]

Hii itakuwa A380 ya pili ina divert to Dar kwann sio Nairobbi imetoka Saupaulo inakuja Dar ..maybe due tech issues View attachment 2588880

Hawana uwezo wa kuhudumia A380! Yaani ushushe abiria wa A380 kwa ushuzi wa JKIA?

 

[nairobae]

Community

 

[Marcelly]

Ikishuka tupeni update

Naona imekaribia kabisa kushuka 👏👏
View attachment 2588926

 

[Marcelly]

The real giant is coming

 

[Marcelly]

Kundustan chukieni hata hizo B 2.5 mkanunulie wananchi msosi

 

[Marcelly]

 

[Marcelly]

 

[Marcelly]

 

[Marcelly]

 

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