Summary
π Tanzania expropriated the SMP gold project, a 12-year-long investment to explore and develop a gold mine, without offering prompt, adequate, and effective compensation, violating the Canada-Tanzania bilateral investment treaty.
Facts
πΉ Rais Megan alianzisha vita dhidi ya kampuni ya Acacia na kampuni zingine za kigeni za uchimbaji madini nchini Tanzania mnamo mwaka 2016.
πΉ Hatua za Tanzania zilisababisha madhara kwa kampuni za kigeni, ikiwemo Barrick Gold.
πΉ Mwaka 2017, Tanzania ilitaka kutoza faini ya dola bilioni 190 kwa kampuni ya Acacia kwa tuhuma za kutolipa kodi.
πΉ Hatua za Tanzania zilisababisha mgogoro mkubwa katika sheria ya madini na hali ya kutoeleweka kwa wawekezaji.
πΉ Kampuni ya Barrick ilijaribu kutatua mgogoro na serikali ya Tanzania kupitia makubaliano, lakini hawakupata ufumbuzi.
πΉ Serikali ya Tanzania ilibadilisha sheria na kufuta leseni za kampuni ya Barrick, ikisababisha madhara kwa uwekezaji wao.
πΉ Serikali ya Tanzania ilifanya zabuni ya kuuza eneo la mgodi wa Barrick kwa mnunuzi mwingine, ambayo ilithibitisha kuwa ni upokonyaji wa mali ya kampuni.
πΉ Serikali ya Tanzania inadai kwamba vitendo vyake vya kufuta leseni hazikuwa ukiukwaji wa mkataba, lakini kampuni ya Barrick inadai kuwa vitendo hivyo vilikiuka haki zake za uwekezaji.ποΈ Ministry ya Madini
π§ Suala la madai linahusu udanganyifu wa kupitishwa kwa leseni ya ukusanyaji madini.
π€ Tanzania inadai kuwa leseni iliyotolewa haikuwa halali na inategemea ushahidi wa mwanazuoni Mr. Inrumah.
π Mapendekezo yaliyotolewa na kamati ya uchunguzi hayajafichuliwa na Tanzania.
π Kampuni iliyowasilisha maombi ya leseni ilijumuisha ripoti ya kiuchumi ya mradi wa madini.
π Wataalam wa Tanzania waliidhinisha maombi hayo na kuamini kuwa kampuni ilistahili leseni.
πΌ Baadaye, kampuni ilianzisha malalamiko yake kuhusu leseni zilizofutwa na Tanzania.
π Tanzania haikutoa ushahidi wa kutosha kujibu madai ya kampuni.
π° Kampuni inadai fidia ya dola milioni 116 kwa uharibifu uliosababishwa na hatua za Tanzania.π οΈ Kwanza, tangu 2012, mradi huo ulikabiliwa na masuala mawili:
π Kupungua kwa bei ya dhahabu:
π Kuingiliwa kwa wachimbaji haramu:
π Sheria za kuchimba madini za Tanzania ziliruhusu kampuni kupata leseni ya "retention license":
βοΈ Hata hivyo, serikali ilianza kufanya madai kuwa kampuni haikuwa na haki ya kupata leseni hizo:
π Kampuni ilikuwa na uthibitisho wa kutosha kwa umuhimu wa mradi wake, lakini serikali ilikuwa na mtazamo tofauti.
π Market conditions:
βοΈ Technical and economic factors:
π Impact of mining operations on the environment:
π Documentary requirements:
π« Prohibition on exploration:
π Expropriation:
π€· District commissioner's response: No work until TJ money is paid.
π Government's action damaged the project and forced claimant to seek extension of retention licenses.
πΌ Shanta Gold proposed a merger with the claimant during a vulnerable period.
π¬ Negotiation was one-sided, claimant entitled to less than 10% of combined entities' shares.
π° Advisor noted potential upside in the future, but significant increase in value not immediate.
π Shareholders meeting to decide on the transaction was set for late August 2017.
π§ Tanzania rushed amendments to mining framework, impacting all mining projects.
π€ Draft bills published without consultation, amendments repealed retention license category.
π€ Parliament had only six working days to review and vote on the draft bills.
βοΈ Repealed retention licenses affected claimant and other mining companies.
π Claimant's attempts to preserve rights were unheeded by Tanzania.
π Claimant misled by reassurances, but ultimately the license areas were included in a tender.π Tanzania imechukua sehemu ya miradi ya madini ya wawekezaji wa kigeni bila fidia, na kufuta leseni za wamiliki wa awali.
π Hatua hii imeleta hasara kubwa kwa wawekezaji hao, na kuathiri uwekezaji wao na rasilimali walizowekeza kwenye miradi hiyo.
π Tanzania ilibadilisha sheria ya madini kwa kuchelewesha au kufuta leseni za wawekezaji, na kuanzisha masharti mapya yasiyofaa.
π Mabadiliko haya yalifanywa bila utaratibu mzuri, bila kushirikisha wadau, na yalikuwa kinyume cha haki na usawa.
π Mabadiliko hayo yaliathiri vibaya sifa za nchi na kuathiri vibaya uwekezaji wa wawekezaji wa kigeni.
π Pia, Tanzania haikutoa fidia ya haki kwa wawekezaji kufidia hasara walizopata kutokana na mabadiliko hayo ya sheria.
π Hatua za Tanzania zimevunja mkataba wa uwekezaji na Canada-Tanzania na kusababisha hasara kubwa kwa wawekezaji hao.
π Kwa kuwa hatua hizi zilikuwa kinyume cha sheria na hazikuwa na sababu za msingi, Tanzania inapaswa kutoa fidia kwa wawekezaji hao.
π Bulletpoints:
π Helio alifanya tathmini ya mradi wake kwa kuzingatia tafsiri ya wastani wa bei na data ya soko.
π Walijaribu kuthibitisha kuwa gharama walizotumia zilikuwa za kawaida kwa mradi wa uchunguzi wa madini katika hatua ya uchunguzi.
π Walikataa kurejesha gharama za kihistoria kwa madai kwamba mradi haukustahili leseni maalum ya uchimbaji.
π Helio alitaka faida kutokana na uwekezaji wao kwa sababu ya mafanikio ya uchunguzi wa madini na maendeleo ya rasilmali ya madini.
π Meneja wa upande wa mlalamikaji alitumia njia ya tathmini ya gharama kwa kuzingatia matumizi ya historia kwa kipindi cha miaka 14.
π Meneja wa upande wa mlalamikiwa alitumia njia ya tathmini ya manunuzi ya hisa kwa kutumia kesi ya awali ya mauzo na Shanta.
π Wawakilishi walitofautiana kuhusu aina ya riba itakayotolewa kwa madai ya mlalamikaji, huku meneja wa upande wa mlalamikaji akidai riba inapaswa kuwa ya kufikirika kiuchumi.
π Njia ya tathmini ya gharama iliyotumiwa na mlalamikaji inafaa zaidi kuliko ile ya mlalamikiwa ambayo haijategemea data ya kisayansi.
ANGALIZO: THIS SUMMARY HAS BEEN GENERATED BY AN EXTENSION THAT CALL BACK TO CHATGPT MODEL (3.5) THERE ARE SOME MISTAKES. SO YOU CAN WATCH THE VIDEO YOURSELF ON THIS LINK: ()
π Tanzania expropriated the SMP gold project, a 12-year-long investment to explore and develop a gold mine, without offering prompt, adequate, and effective compensation, violating the Canada-Tanzania bilateral investment treaty.
Facts
- Tanzania attracted foreign mining investments in its mineral sector for two decades.
- President Magufuli's government initiated an economic war on mining companies, leading to a radical shift in policy.
- The government retroactively canceled the claimant's license and abolished the entire retention license category without proper compensation.
- The SMP gold project had invested millions in exploring and discovering gold deposits, receiving financial support from the IFC.
- Tanzania's actions denied both the claimant and its own people the benefits of the investment without clear evidence of rational policy goals.πΉ Barrick Gold Corporation ni kampuni kubwa ya madini duniani na inamiliki migodi mitatu mikubwa ya dhahabu nchini Tanzania.
πΉ Rais Megan alianzisha vita dhidi ya kampuni ya Acacia na kampuni zingine za kigeni za uchimbaji madini nchini Tanzania mnamo mwaka 2016.
πΉ Hatua za Tanzania zilisababisha madhara kwa kampuni za kigeni, ikiwemo Barrick Gold.
πΉ Mwaka 2017, Tanzania ilitaka kutoza faini ya dola bilioni 190 kwa kampuni ya Acacia kwa tuhuma za kutolipa kodi.
πΉ Hatua za Tanzania zilisababisha mgogoro mkubwa katika sheria ya madini na hali ya kutoeleweka kwa wawekezaji.
πΉ Kampuni ya Barrick ilijaribu kutatua mgogoro na serikali ya Tanzania kupitia makubaliano, lakini hawakupata ufumbuzi.
πΉ Serikali ya Tanzania ilibadilisha sheria na kufuta leseni za kampuni ya Barrick, ikisababisha madhara kwa uwekezaji wao.
πΉ Serikali ya Tanzania ilifanya zabuni ya kuuza eneo la mgodi wa Barrick kwa mnunuzi mwingine, ambayo ilithibitisha kuwa ni upokonyaji wa mali ya kampuni.
πΉ Serikali ya Tanzania inadai kwamba vitendo vyake vya kufuta leseni hazikuwa ukiukwaji wa mkataba, lakini kampuni ya Barrick inadai kuwa vitendo hivyo vilikiuka haki zake za uwekezaji.ποΈ Ministry ya Madini
π§ Suala la madai linahusu udanganyifu wa kupitishwa kwa leseni ya ukusanyaji madini.
π€ Tanzania inadai kuwa leseni iliyotolewa haikuwa halali na inategemea ushahidi wa mwanazuoni Mr. Inrumah.
π Mapendekezo yaliyotolewa na kamati ya uchunguzi hayajafichuliwa na Tanzania.
π Kampuni iliyowasilisha maombi ya leseni ilijumuisha ripoti ya kiuchumi ya mradi wa madini.
π Wataalam wa Tanzania waliidhinisha maombi hayo na kuamini kuwa kampuni ilistahili leseni.
πΌ Baadaye, kampuni ilianzisha malalamiko yake kuhusu leseni zilizofutwa na Tanzania.
π Tanzania haikutoa ushahidi wa kutosha kujibu madai ya kampuni.
π° Kampuni inadai fidia ya dola milioni 116 kwa uharibifu uliosababishwa na hatua za Tanzania.π οΈ Kwanza, tangu 2012, mradi huo ulikabiliwa na masuala mawili:
π Kupungua kwa bei ya dhahabu:
- Bei ya dhahabu ilishuka kutoka 2012 na kuendelea hadi 2019, hali ambayo ilifanya uchunguzi wa kiuchumi wa mradi kuwa mgumu.
- Kushuka kwa bei ya dhahabu kulilazimisha kampuni kutathmini upya uwezekano wa mradi katika mazingira ya bei ya chini ya dhahabu.
π Kuingiliwa kwa wachimbaji haramu:
- Kutoka 2012, wachimbaji haramu walileta usumbufu mkubwa kwa mradi huo.
- Serikali ilishindwa kuchukua hatua za kutosha kuzuia kuingilia kwa wachimbaji haramu, ambao walizuia uchunguzi wa maeneo muhimu ya madini.
- Kupambana na wachimbaji haramu kulifanya kupata ufadhili kutoka kwa wawekezaji kuwa mgumu zaidi.
π Sheria za kuchimba madini za Tanzania ziliruhusu kampuni kupata leseni ya "retention license":
- Leseni hii iliruhusu kampuni kudumisha umiliki wa mradi ikiwa haiwezi kuuendeleza mara moja kwa sababu za kiufundi au kiuchumi.
- Kampuni ililazimika kuwasilisha taarifa za kiufundi na tathmini kutoka kwa wataalamu huru kuthibitisha umuhimu wa mradi huo.
βοΈ Hata hivyo, serikali ilianza kufanya madai kuwa kampuni haikuwa na haki ya kupata leseni hizo:
- Madai hayo hayakuwa na msingi wa kisheria na yalitolewa baada ya muda mrefu tangu kampuni kuwasilisha maombi ya leseni.
- Kampuni ilikuwa wazi na kutoa taarifa zote muhimu katika maombi yake.
π Kampuni ilikuwa na uthibitisho wa kutosha kwa umuhimu wa mradi wake, lakini serikali ilikuwa na mtazamo tofauti.
π Market conditions:
- In 2016, the gold market was depressed, affecting project financing.
- Tanzania's populist campaign against foreign mining companies, including harassment and tax audits, caused uncertainty for investors.
βοΈ Technical and economic factors:
- The claimant pursued development of the project under SMP retention licenses.
- The claimant raised funds to improve the project's mineral resources and conduct drill programs.
- Tanzania imposed measures on Acacia, affecting other mining companies' ability to raise funds.
π Impact of mining operations on the environment:
- The ban on exporting unprocessed gold and copper ore in March 2017 affected all mining companies, including the claimant's exploration activities.
- Tanzania accused Acacia of tax evasion, leading to legislative changes targeting the mining industry.
π Documentary requirements:
- The claimant's applications for retention licenses met all relevant criteria set by the Ministry of Minerals.
- Tanzania did not require a feasibility study before granting the retention licenses.
π« Prohibition on exploration:
- Tanzania's position on retention licenses not permitting further exploration or appraisal work was not supported by law or history.
- Former retention license holders, including Acacia, continued their exploration work without objections from the government.
π Expropriation:
- Tanzania's measures against Acacia impacted other mining companies, including the claimant's project, leading to uncertainty and difficulty attracting investment.
- The claimant was affected by the ban on unprocessed ore exports and legislative changes.π οΈ Illegal miners (TJ group) resumed activities in the license area, hindering BTL's work.
π€· District commissioner's response: No work until TJ money is paid.
π Government's action damaged the project and forced claimant to seek extension of retention licenses.
πΌ Shanta Gold proposed a merger with the claimant during a vulnerable period.
π¬ Negotiation was one-sided, claimant entitled to less than 10% of combined entities' shares.
π° Advisor noted potential upside in the future, but significant increase in value not immediate.
π Shareholders meeting to decide on the transaction was set for late August 2017.
π§ Tanzania rushed amendments to mining framework, impacting all mining projects.
π€ Draft bills published without consultation, amendments repealed retention license category.
π€ Parliament had only six working days to review and vote on the draft bills.
βοΈ Repealed retention licenses affected claimant and other mining companies.
π Claimant's attempts to preserve rights were unheeded by Tanzania.
π Claimant misled by reassurances, but ultimately the license areas were included in a tender.π Tanzania imechukua sehemu ya miradi ya madini ya wawekezaji wa kigeni bila fidia, na kufuta leseni za wamiliki wa awali.
π Hatua hii imeleta hasara kubwa kwa wawekezaji hao, na kuathiri uwekezaji wao na rasilimali walizowekeza kwenye miradi hiyo.
π Tanzania ilibadilisha sheria ya madini kwa kuchelewesha au kufuta leseni za wawekezaji, na kuanzisha masharti mapya yasiyofaa.
π Mabadiliko haya yalifanywa bila utaratibu mzuri, bila kushirikisha wadau, na yalikuwa kinyume cha haki na usawa.
π Mabadiliko hayo yaliathiri vibaya sifa za nchi na kuathiri vibaya uwekezaji wa wawekezaji wa kigeni.
π Pia, Tanzania haikutoa fidia ya haki kwa wawekezaji kufidia hasara walizopata kutokana na mabadiliko hayo ya sheria.
π Hatua za Tanzania zimevunja mkataba wa uwekezaji na Canada-Tanzania na kusababisha hasara kubwa kwa wawekezaji hao.
π Kwa kuwa hatua hizi zilikuwa kinyume cha sheria na hazikuwa na sababu za msingi, Tanzania inapaswa kutoa fidia kwa wawekezaji hao.
π Bulletpoints:
- π Process hii imekubaliwa
- π Ni tofauti na mchakato wa kawaida
- π« Kuna madai ya kukanusha Fahrenheit
- π§ Athari ya kukataa huku ilikuwa kwenye mtazamo wa wadai
- π οΈ Ina athari kwenye uwezekano wa kupata fedha kwa mradi
- π° Inaweza kupunguza faida ya mradi uliopo
- πΌ Kuna tofauti kubwa katika tathmini ya madai
- π Tathmini ya gharama inaonekana kuwa bora zaidi
- π Tarehe sahihi ya tathmini ina utata
- πΌ Tathmini inahusisha gharama za kihistoria
- πΉ Gharama za kihistoria zinafaa kubadilishwa na faida inayotarajiwa
- π Mbinu zingine za tathmini zinajadiliwa, lakini tathmini ya gharama inaonekana kuwa na mantiki zaidi.
π Helio alifanya tathmini ya mradi wake kwa kuzingatia tafsiri ya wastani wa bei na data ya soko.
π Walijaribu kuthibitisha kuwa gharama walizotumia zilikuwa za kawaida kwa mradi wa uchunguzi wa madini katika hatua ya uchunguzi.
π Walikataa kurejesha gharama za kihistoria kwa madai kwamba mradi haukustahili leseni maalum ya uchimbaji.
π Helio alitaka faida kutokana na uwekezaji wao kwa sababu ya mafanikio ya uchunguzi wa madini na maendeleo ya rasilmali ya madini.
π Meneja wa upande wa mlalamikaji alitumia njia ya tathmini ya gharama kwa kuzingatia matumizi ya historia kwa kipindi cha miaka 14.
π Meneja wa upande wa mlalamikiwa alitumia njia ya tathmini ya manunuzi ya hisa kwa kutumia kesi ya awali ya mauzo na Shanta.
π Wawakilishi walitofautiana kuhusu aina ya riba itakayotolewa kwa madai ya mlalamikaji, huku meneja wa upande wa mlalamikaji akidai riba inapaswa kuwa ya kufikirika kiuchumi.
π Njia ya tathmini ya gharama iliyotumiwa na mlalamikaji inafaa zaidi kuliko ile ya mlalamikiwa ambayo haijategemea data ya kisayansi.
ANGALIZO: THIS SUMMARY HAS BEEN GENERATED BY AN EXTENSION THAT CALL BACK TO CHATGPT MODEL (3.5) THERE ARE SOME MISTAKES. SO YOU CAN WATCH THE VIDEO YOURSELF ON THIS LINK: ()