Tanzania submits bills so govt can renegotiate mining, gas contracts

June 29, 2017

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Tanzania lawmakers submitted three Bills to Parliament on Thursday allowing the government to force mining and natural gas companies to renegotiate the terms of their contracts, part of a Presidential drive to increase revenues. The Bills, expected to be fast-tracked, will affect large mining and gas multinationals and follow the recommendations of a committee probing the country’s gold industry.

Category: General