Massanda OMtima Massanda
JF-Expert Member
- Jun 27, 2017
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- 561
HOJA HAPA NI IPI (What is the point here)?
HOJA HAPA NI IPI (What is the point here)?Pole sana!
HOJA HAPA NI IPI (What is the point here)Haya sawa!
Ijapokuwa ukweli unaufahamu, usijaribu kuhamisha mada.
Rais Magufuli katoa majibu ya hili swali jana alipokuwa akipokea zile ripoti mbili za Almasi na Tanzanite pale Ikulu. In fact wengi, wengine kwa nia nzuri na wengine kwa nia ovu, tulikuwa tunajiuliza swali hilo! In fact wengine walianza hata kusema UONGO juu ya hili na kuanza ku speculate sumu on this. Nampongeza Rais Magufuli kwa kulisemea hili kwa uwazi kabisa.We have to wait even a long periodically time.
By the way, do we trust ourselves?The state would take possession of diamond operations because existing miners [Petra & Williamson Diamonds Limited] had robbed the country of its wealth for many years.
The state must have a monopoly because lots of smuggling and swindling has taken place, we cannot trust private companies in that area again!
We should have learnt from the experiences of countries like Botswana, Angola and Namibia.
Can we hold it to the coming generation? Just an idea!There's no other alternative. We have to develop our capabilities to the maximum, though the corruption will probably destroy the operations. We have to manage it to the greatest degree possible!
Only if, the social / public institutions and every individual opt for patriotic ethics and values! It is unfortunately that we are in a swirl of poverty and selfishness. Whoever gets a chance of a deal, there he goes for it, come what may!There's no other alternative. We have to develop our capabilities to the maximum, though the corruption will probably destroy the operations but we have to manage it to the greatest degree possible!
Jeez! Incredible! Could it be because of the holiday tax? Can someone from the Bank of Tanzania help us with the calculations before we whip these national crooks / national gangs who put us in an economical dilemma?View attachment 586046
Only happened in TANZANIA! "The amount of taxes paid by just one beer maker in TANZANIA is billions of shillings in 2015, which is around 34 percent higher than the combined taxes paid by all large - scale gold mines."
Mtoa post ana force kujua hatima ya maongezi ni Wa kupuuza tu kama wapuuzi wengineAcha kutetea siasa za kijinga! Hakuna hati yoyote ya madai inayothibitisha Acacia wanaidai serikali shilingi trilioni 4 kutokana na zuio la makanikia.
When your smartness is outsmarted (time for "business as usual" is bygone), you need to revisit your position! In other words, Petra Diamonds need to revisit their professional integrity, ethics and values. Always, avoid makandokando in the business as well as cleaning their house to avoid future business calamities, period!Petra Diamonds shares drop 23% as Tanzania blocks exports, questions staff
Petra Diamonds is heading for its biggest one-day share price drop since 2001, after the company warned that the Tanzanian government had blocked the export of one of its diamond parcels amid a probe into malpractice across the sector.
The company has suspended operations at its Williamson mine in Tanzania, which is 25 per cent owned by the government, and said “certain key personnel” are being questioned by Tanzanian authorities.
Shares in the company were down 23.6 per cent at publication time, at 68.8p, bringing its losses for the year to date to more than 56 per cent.
Source: Subscribe to read
Better late than never! Our lovely President Maghufuli (the inborn patriot), keep it up!President John Magufuli has announced that the government through TPDF will build the wall over all the area's Tanzanite mines to stop foreign and domestic firms syphoning off gems without declaring them.
He has decided that this area should be a monopoly area having a mineral business point and only the companies recognized by state should be able to do mining.
This is because Tanzanians have not been able to see or hear what was going on and lots of smuggling have taken place and the companies that have been mining virtually robbed us of our wealth.
That is grateful! Let Bulyanhulu practice the same, instead of closing business.Fri 22 Sep 2017 07:00
ACACIA MINING PLC - Positive Results from Buzwagi processing trial
PR Newswire London, September 21 22 September 2017
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
Acacia Mining plc
Positive Results from Buzwagi Processing Trial
Acacia is pleased to announce positive results from the processing trial underway at Buzwagi that has been designed to maximise gold doré production from the mine.
Buzwagi currently produces both doré (gold bars) and a gold/copper concentrate (with over 90% of the value of the concentrate being gold). During 2017, gold/copper concentrate has accounted for approximately 65% of Buzwagi's gold production. Since 3 March 2017, however, the mine has been unable to export and sell its concentrate, and as such has only been selling approximately 35% of its gold production, whilst incurring 100% of the cost of production.
The results of the processing trial to date have indicated that Buzwagi should be able to achieve gold recoveries of around 85% through the additional use of reagents in the leaching circuit at limited additional operating costs. All of the recovered gold will be produced in doré form. Buzwagi previously intended to end concentrate production in Q2 2018, but as a result of the trial the mine will solely produce doré from now until the end of its life in 2020.
There are no changes to group production or cost guidance resulting from this processing change, however it will result in Buzwagi being able to sell an additional 8,000-10,000 ounces per month for the remainder of the year. As such, Government royalties and local service levies (which are based on revenue) from Buzwagi are expected to more than double for the remainder of the year due to the increase in sales compared to the last 6 months.
We believe that the changes will move the mine from a monthly cashflow negative position to a monthly cashflow positive position, strengthening Acacia's balance sheet and helping to protect thousands of direct and indirect jobs that the Company supports.
Appreciation motivates! It lifts the moral spirits hire!Tanzanian President John Magufuli honors Tanzanian professional and mining personnel who took part in the special assignments in mining industry.
When elders talk, remember to keep silent!Acacia Mining announces changes to its management team
Acacia would like to advise the market that Brad Gordon, Chief Executive Officer, and Andrew Wray, Chief Financial Officer, have separately notified the Company of their intention to resign from their positions.
Both Brad and Andrew will remain with the Company until the end of the year to ensure a smooth transition. Brad will be returning to Australia for family reasons, while Andrew is pursuing an opportunity elsewhere.
Concurrently, the Board is pleased to announce the appointment of Peter Geleta, currently Acacia’s Head of Organisational Effectiveness, as Interim Chief Executive Officer. Jaco Maritz, currently Acacia’s General Manager, Finance, will be appointed Chief Financial Officer. Both appointments will be effective from 1 January 2018. Peter (54) has 35 years of mining industry experience in both operational and corporate leadership positions, primarily in Africa. Prior to joining Acacia, Peter held senior roles at AngloGold Ashanti (25 years) and Barrick Gold Corporation (“Barrick”).
He joined Acacia in May 2012 as Vice President, Organisational Effectiveness. Since then, Peter has been a key member of the Executive Team of Acacia and an integral part of the Company’s turnaround. During his time with Acacia, Peter has also served as General Manager of the Bulyanhulu mine and helped lead the successful restructuring of the business. Peter holds an Executive MBA qualification from the University of Cape Town.
Jaco (42) has been with Acacia and its predecessor companies since 2001 in a range of increasingly senior finance roles covering all aspects of the finance function. He was initially employed by Placer Dome, which was acquired by Barrick in 2006, and was part of Acacia at its inception. In 2013, Jaco spent six months acting as Chief Financial Officer for the business, prior to the appointment of Andrew. Jaco is a member of the South African Institute of Chartered Accountants.
In addition to assuming the role of Interim CEO, Peter will also replace Brad on the Board of Directors at the end of the year. As a result, the Board will continue to consist of 7 Directors, with 1 Executive Director, 4 independent Non-Executive Directors and 2 Non-Executive Directors.
Commenting on the changes, Kelvin Dushnisky, Chairman of Acacia said, “Brad and Andrew have been instrumental in the operational and financial turnaround of Acacia over the past four years and on behalf of the Board and the Company, I would like to extend our sincere thanks to both of them for their contributions. We wish them all the best for the future.
We are equally confident that Peter and Jaco will move seamlessly into their new roles. Peter’s demonstrated leadership skills, combined with his all-around abilities and strong experience across all aspects and all levels of the African mining industry will be an important asset for Acacia.
Jaco’s expertise and long history with the company make him the natural successor for Andrew. The Board will continue to provide the management team with our full support as the Company focuses on delivering against our operational targets, which remain unchanged from the Q3 results, while seeking a resolution to the situation in Tanzania.”
Blamming must take it do yo know why...?i do agree that acacia as company has nothing to be blamed on this issue, As business always struggle to make their investment profitable as they can.
......!!!!!!! Who could tolerate in this Situation.........!!!!???? That kind of struggling to make Profit is not Fair.........................Know as Tanzanian we should stand for our National.............Always there is problems from your management. TAX EVASION, CORRUPTION, BRIBERY, FRAUD, and we must include MURDER, POISON IN OUR WATER, ENVIRONMENT DISASTERS, DESTROYING PROPERTY.
All that who involved Must eat the HOT SOUP..........Always there is problems from your management. TAX EVASION, CORRUPTION, BRIBERY, FRAUD, and we must include MURDER, POISON IN OUR WATER, ENVIRONMENT DISASTERS, DESTROYING PROPERTY.
Have you heard of the current 'PARADISE DOCUMENT' scandal? It is talking more louder than the mouthpiece of those who ignore the effort of our president and the cry of most African Countries against our natural resources sabotage! And I am sure, sooner than later, they will apologize for their misconception to the president's philosophy of HAPA KAZI TU, UZALENDO KWANZA and other African countries (not the white man's puppets) Cry!TANZANIA'S ANTI-CORRUPTION CRUSADER CRACKS DOWN ON OPPONENTS
President John Magufuli was a popular choice for president of Tanzania.
But he has launched a series of attacks on media, judiciary and political opponents.
Magufuli is also taking on international mining companies.
Editor's Note: (Dan Paget is a PhD candidate specializing in African electoral politics at the University of Oxford. The views expressed in this commentary are solely those of the writer. CNN is showcasing the work of The Conversation, a collaboration between journalists and academics to provide news analysis and commentary. The content is produced solely by The Conversation.)
(CNN)There were scarcely any hints of the tumultuous years that would follow the swearing-in of Dr. John Pombe Magufuli on 5th November 2015 as Tanzania's fifth president. After all, his Chama cha Mapinduzi (CCM) party had been in power for decades, and his victory seemed to herald continuity with the past.
In fact, Magufuli's opponent attracted more attention during the campaign than Magufuli himself. When Edward Lowassa defected from CCM to the opposition and ran for president against his old party, it looked fleetingly as though this elite split might spell the end of CCM's dominance.
But Magufuli has not brought continuity, but dramatic change. He began to impress just days after his inauguration. He made a snap unannounced visit to the Ministry of Finance on his first day as president. Then he pulled funds intended for Independence Day celebrations and redirected them to anti-cholera operations. He began a shake-up of the Tanzania Port Authority, and extended it to the Tanzania Revenue Authority as he launched a tax collection drive. An audit of the public payroll led to a purge of "ghost workers". Quickly, it became apparent that he was genuinely waging war on corruption in the Tanzanian state.
The primary victims of these anti-corruption operations have been mid- and low-ranking civil servants. However, Magufuli has taken on high elites in CCM selectively too. In May, he fired Minister of Energy and Minerals Sospeter Muhongo. This June, businessman James Rugemalira and Harbinder Singh Sethi found themselves in court, facing government prosecutors in court. Both were linked to a major corruption case, the Escrow Scandal in 2014.
This thrift and intolerance for corruption won Magufuli attention and admiration worldwide. In the social media sphere, commentators celebrated his zeal playfully with the hashtag, "[HASHTAG]#WhatWouldMagufuliDo[/HASHTAG]".
But since early 2016, it has become apparent that Magufuli is not just waging war on corruption -- he is also declaring war on democracy.
Tanzanian President John Magufuli delivers speech during the swearing in ceremony in Dar es Salaam, on November 5, 2015.
War on democracy
Magufuli has overseen numerous closures and suspensions of media outlets. His officials have encouraged and tried to exacerbate a split in the Civic United Front, by backing one side. His government has undermined judicial and parliamentary independence, implemented a partial ban on public rallies, harassed MPs, closure of online political space, and prosecuted critics under new defamation and sedition laws.
Together, these constitute major infringements on the freedom of expression and the opposition's ability to communicate with voters.
In March this year he announced at a press conference that:
"Media owners, let me tell you: 'Be careful. Watch it. If you think you have that kind of freedom — not to that extent'."
In part, this repressive streak is a return to form. CCM has a long history of authoritarianism. It has ruled Tanzanian uninterrupted since 1977, and its predecessor parties ruled Tanganyika since 1961.
But there is a more immediate reason that Magufuli is tightening the noose on the opposition. The opposition has never been so strong. In 2005, CCM's Jakaya Kikwete won the presidential election with an unassailable lead of 68% over the runner-up. By 2015, CCM's margin of victory had been shortened to 18%. For the first time in Tanzania's history, the opposition is a force to be reckoned with.
The most plausible explanation for Magufuli's authoritarian turn is that he is trying to minimize the possibility of an opposition victory in the future. Equally, every time he advances the anti-corruption agenda, he makes more enemies who might defect to the opposition. By narrowing space for opposition, he reduces the risk of them doing so.
But Magufuli is not only relying on repressive means to stay in power. He is also pursuing a program that revives his popularity.
Tanzanian media outlets have been closed under Magufuli's reign.
The Magufuli way
The third and most recent theme in Magufuli's presidency has been a confrontation with multinational mining companies.
The controversy was kick-started this is the alleged discovery that Acacia Mining has been under-reporting of mineral exports earlier this year. Magufuli has argued that multinational mining companies have been stealing Tanzania's resources for years.
Based on these claims, the government charged Acacia Mining with fines and back-dated taxes amounting to $190 billion. Magufuli even threatened to nationalize the mines. His strategy of brinkmanship worked. On October 19th, Acacia's parent company Barrick Gold announced that it had reached an agreement with the Tanzanian government. It promised to find ways to further process copper-gold ores in Tanzania, instead of exporting them for smelting, and it made a number of pecuniary concessions.
There is a strategic thread that ties together Magufuli's actions.
Tanzania's fifth Five Year Plan restores industrialization to the heart of government policy in a way unseen since the 1970s. Domestic processing and tax revenue is central to that plan. So is government discipline, thrift and tax collection. The closure of political space keeps CCM in power to implement it, and suffocates internal opposition to his reforms.
President Magufuli has threatened to nationalize Tanzanian mines.
But the definitive feature of Magufuli's first two years has been a talent for pursuing his programme of reform while pursuing domestic popularity at the same time. His taste for the dramatic has caught public attention and his willingness to disturb the status quo has convinced many that his intentions are more sincere than those of his predecessors. Perhaps more than any other president since Tanzania's founding father, Julius Nyerere, Magufuli is seen as a man of integrity.
While Magufuli has skilfully coupled popular politics with fundamental reform, he has also precipitated a series of unintended changes which may be slipping beyond his control.
His demands from companies have unquestionable merit, but they are also making businesses think twice about operating in Tanzania. For example, a number of oil companies are due to begin negotiations about developing off-shore gas fields. After the debacle with mining companies they know that they will not get an easy deal, but they may also doubt the word of a government that has in effect torn up contracts, and repeatedly placed the president at the center of contract negotiation.
Equally, by putting such pressure on the opposition, Magufuli may make it stronger. Attempts to divide the second opposition party, the Civic United Front, may drive them closer to Chadema. They may also unintentionally make martyrs of the opposition. An attempted assassination attempt transformed opposition politician Tundu Lissu into a national hero.
It is not known who is behind the drive-by shooting that hospitalised Lissu, in which at least 28 shots were fired, but Lissu was among the most vocal opponents of the government. He was being tried in court for sedition just days before he was shot. No matter who was behind the attack, it is fast becoming the public image for the extremes of political change in Tanzania under Magufuli.
Many underestimated Magufuli at his inauguration two years ago, but few do now. While Magufuli's election represents the continuation of CCM rule, he has brought about profound change. Only time will tell whether the intended or the unintended consequences of his actions will be those that define his legacy.
Source: Tanzania's anti-corruption president takes darker turn - CNN
My take:The article seems rather empty as the most of western media are! Instead of appreciating the President, they are trying to play empty politics.
TANZANIA is one country asap! The sooner we realize we need to unify the country the better we have to overhaul media and political system for the betterment of our country.
The problem here is not all about Magufuli's administration, the big problem is how they feel when President Magufuli is taking on international mining companies.
They know our economy was at knees due to corrupt deals not only in public sector but also private sector including mining industry associated with western multinational companies, most notably Acacia and Barrick Gold Corporation.
As a side note, anyone who stills subscribed to CNN is complicit in their own stupidity. Those of us who choose to wake up and seek the truth, always will continue to seek and continue upon our path to the truth. There will always be those who choose to stay asleep, just walk on by and wish them well. HAPA KAZI TU!!