Tanzania to benefit from G8 initiative

[R.B]

[h=3]Tanzania is one of 15 developing countries that will benefit from the G8 member countries’ initiative to make sure that the poorest people benefit from their country’s natural resources, by improving the transparency of their extractive industries and land rights.[/h]
British Prime Minister, David Cameron


The British Prime Minister, Mr David Cameron, said over the weekend during a panel session with a section of African leaders at the Open for Growth event which focused on tax, trade and transparency that the countries had agreed to work together to realise their goals. “A lack of transparency means poor countries are not benefitting as much as they should from their natural resources so that they can fund their own development and fight poverty,” noted Mr Cameron. The partnerships will see G8 nations work with eight developing countries to help them improve the information available around the sale of extractives by strengthening communication between governments, companies and civil society. This will ensure that the new information on extractives can be properly used to hold governments to account by introducing stronger legal frameworks to regulate the extractives sector example by introducing new laws that make Extractive Industry Transparency Initiative standards a legal requirement. The G8 member states are partnering the following countries to improve transparency around extractives: Burkina Faso (France), Colombia (EU), Ghana (UK), Guinea (USA), Mongolia (Germany), Burma (USA), Peru (Canada), Tanzania (Canada). Private sector and civil society are backing the partnerships including Rio Tinto in Peru and Mongolia, BG (British Gas) in Tanzania. Another seven country partnerships will help developing countries implement globally agreed guidelines on land governance and safeguard individuals’ and companies’ rightful claims to land, to improve transparency and accountability on land deals, by supporting local authorities to formally register and protect rights to land. The G8 members would also help countries collect better data on land transactions helping countries attract high quality investment that benefits the country’s economy. The British International Development Secretary, Justine Greening, said: “Lack of transparency is preventing developing countries from benefitting from their valuable resources. “When they do not know how much their resources are worth, people and governments have no way of knowing if they are getting a good deal for them. “These partnerships will help developing countries make the most of their valuable resources, attracting the investment and income needed to drive economic growth, fight poverty and eventually, end their need for aid.” Making information about the buying and selling of natural resources publicly available is vital to tackling mismanagement. If people can see how much their government receives from selling the country’s extractive wealth they can question how that money is being spent. At the same time greater security over land rights means local people can raise capital against their land to improve it, while international companies have greater confidence in the security of any investment. The G8 member states are partnering the following countries to improve land registration and security of land tenure for communities and commercial investors: Tanzania (UK); Nigeria (UK) Senegal (France), Burkina Faso (US), South Sudan (EU), Namibia (Germany) and Niger (EU).

 

[Pakawa]

Ndio nini???? tunafaidika au wanakuja kuchukua kilicho chetu hawa watu janja sana....na vile tulikosa ubongo basi tutaona tumeukata.

 

[Apollnary]

Ndio nini?ni lazima ufike kwao na kuona wanavyoendesha mambo yao ndo utaweza kujua wanachotwaambia sie tuko nyuma ni kitu gani....
Tunahitaji maombi ya nguvu sie waafrika,,,.....tunahitaji kuja tuombeweee

 

[Zinedine]

Kwa nchi hizo zoooote nyingine huo mpango wa uwazi utafanikiwa lakini kwa Tanzania, sahau

 

[Koba]

yaani wanakuja kutufundisha namna ya kufaidika na raslimali zetu?haya madharau ni ya kujitakia lakini na viongozi vilaza wasiojua kitu wanachangia

 

[Chikaka Sumuni]

Tanzania is one of 15 developing countries that will benefit from the G8 member countries’ initiative to make sure that the poorest people benefit from their country’s natural resources, by improving the transparency of their extractive industries and land rights.


British Prime Minister, David Cameron


The British Prime Minister, Mr David Cameron, said over the weekend during a panel session with a section of African leaders at the Open for Growth event which focused on tax, trade and transparency that the countries had agreed to work together to realise their goals. “A lack of transparency means poor countries are not benefitting as much as they should from their natural resources so that they can fund their own development and fight poverty,” noted Mr Cameron. The partnerships will see G8 nations work with eight developing countries to help them improve the information available around the sale of extractives by strengthening communication between governments, companies and civil society. This will ensure that the new information on extractives can be properly used to hold governments to account by introducing stronger legal frameworks to regulate the extractives sector example by introducing new laws that make Extractive Industry Transparency Initiative standards a legal requirement. The G8 member states are partnering the following countries to improve transparency around extractives: Burkina Faso (France), Colombia (EU), Ghana (UK), Guinea (USA), Mongolia (Germany), Burma (USA), Peru (Canada), Tanzania (Canada). Private sector and civil society are backing the partnerships including Rio Tinto in Peru and Mongolia, BG (British Gas) in Tanzania. Another seven country partnerships will help developing countries implement globally agreed guidelines on land governance and safeguard individuals’ and companies’ rightful claims to land, to improve transparency and accountability on land deals, by supporting local authorities to formally register and protect rights to land. The G8 members would also help countries collect better data on land transactions helping countries attract high quality investment that benefits the country’s economy. The British International Development Secretary, Justine Greening, said: “Lack of transparency is preventing developing countries from benefitting from their valuable resources. “When they do not know how much their resources are worth, people and governments have no way of knowing if they are getting a good deal for them. “These partnerships will help developing countries make the most of their valuable resources, attracting the investment and income needed to drive economic growth, fight poverty and eventually, end their need for aid.” Making information about the buying and selling of natural resources publicly available is vital to tackling mismanagement. If people can see how much their government receives from selling the country’s extractive wealth they can question how that money is being spent. At the same time greater security over land rights means local people can raise capital against their land to improve it, while international companies have greater confidence in the security of any investment. The G8 member states are partnering the following countries to improve land registration and security of land tenure for communities and commercial investors: Tanzania (UK); Nigeria (UK) Senegal (France), Burkina Faso (US), South Sudan (EU), Namibia (Germany) and Niger (EU).

This is a new Berlin Conference 1884
Is this different from Berlin Conference 1884? This time African Leaders are present instead of Carl PETERS visitation, Can we get the signed agreements so that we read the terms and conditions that our leaders are signing.

God where are you!!!