Mining Firm Pays Out U.S.$20 Million to Its Creditors

[The Herald] Zimasco has paid out about $20 million to its creditors who comprise private companies, state authorities and financial institutions as the ferrochrome producer has begun to implement its turnaround plan. Zimasco was placed under provision…

[The Herald] Zimasco has paid out about $20 million to its creditors who comprise private companies, state authorities and financial institutions as the ferrochrome producer has begun to implement its turnaround plan. Zimasco was placed under provisional judicial management in June 2016 after its indebtedness to banks and creditors had increased to about $65 million in 2015 from $38 million in 2009.

source: AllAfrica News: Zimbabwe

Aid Groups Assist Liberated Chibok Girls

[VOA] The Nigerian government recently negotiated the release of 82 of the Chibok schoolgirls taken by Boko Haram in 2014. Foreign governments and aid groups have been assisting the young women as they undergo rehabilitation in the Nigerian capital.

[VOA] The Nigerian government recently negotiated the release of 82 of the Chibok schoolgirls taken by Boko Haram in 2014. Foreign governments and aid groups have been assisting the young women as they undergo rehabilitation in the Nigerian capital.

source: AllAfrica News: Nigeria

Acacia Disappointed By the Findings of the Second Presidential Committee

[Citizen] Dar es Salaam -The second committee chaired by Prof Nehemiah Osoro from the University of Dar es Salaam and which was tasked to look the historical economic and legal aspects of the export of metallic mineral concentrates also said Acacia Min…

[Citizen] Dar es Salaam -The second committee chaired by Prof Nehemiah Osoro from the University of Dar es Salaam and which was tasked to look the historical economic and legal aspects of the export of metallic mineral concentrates also said Acacia Mining was selling the concentrates to third parties before exporting them outside the country contrary to its reports that it was exporting the concentrates to smelting.

source: AllAfrica News: Tanzania

Magufuli Vows to Make Tough Decision for Tanzanian Interests

[Citizen] Dar es Salaam -The President revealed this on Monday morning, when he was addressing Tanzanians after receiving a report from a second team he formed to look into mining contracts and economic impacts on the country.

[Citizen] Dar es Salaam -The President revealed this on Monday morning, when he was addressing Tanzanians after receiving a report from a second team he formed to look into mining contracts and economic impacts on the country.

source: AllAfrica News: Tanzania

Saraki, Dogara, Others Await Osinbajo for Budget Assent

[Daily Trust] Senate President Bukola Saraki and House of Representatives Speaker Yakubu Dogara are awaiting the arrival of Acting President Yemi Osinbajo for the signing of the 2017 budget.

[Daily Trust] Senate President Bukola Saraki and House of Representatives Speaker Yakubu Dogara are awaiting the arrival of Acting President Yemi Osinbajo for the signing of the 2017 budget.

source: AllAfrica News: Nigeria

TV Screens Installed On Mwanza Streets for Locals to Watch Mchanga Report

[Citizen] Mwanza -The city of Mwanza was at a standstill on Monday morning as residents were found gathered around televisions, abandoning their daily chores to watch a live broadcast of President John Magufuli receiving the second report on mining san…

[Citizen] Mwanza -The city of Mwanza was at a standstill on Monday morning as residents were found gathered around televisions, abandoning their daily chores to watch a live broadcast of President John Magufuli receiving the second report on mining sands that was formed in April.

source: AllAfrica News: Tanzania

MPs Divided On Budget Figures, Proposals

[Citizen] Dodoma -Debate on the applicability of the government’s Sh31.7 trillion budget started in parliament on Monday evening, with Members of Parliament appearing divided along their political leanings.

[Citizen] Dodoma -Debate on the applicability of the government's Sh31.7 trillion budget started in parliament on Monday evening, with Members of Parliament appearing divided along their political leanings.

source: AllAfrica News: Tanzania