Tanzania

Tanzania Makes $206 Million Atomic Tax Claim

23 May 2013

Tanzania is demanding almost $206 million in taxes from Russian state uranium company ARMZ, which has won a license to build the East African country's first uranium mine, the energy minister said on Thursday.

Tanzania says Russia's ARMZ owes $206 mln in taxes

23 May 2013

DODOMA (Reuters) - Tanzania is demanding almost $206 million in taxes from Russian state uranium company ARMZ which has won a licence to build the east African country's first uranium mine, the energy minister said on Thursday. Russia's JSC Atomredmetzoloto (ARMZ) is the mining arm of Russia's nuclear regulator, Rosatom, which also builds nuclear reactors. Tanzania's tax claim relates to the ...

Tanzania drafts terms to tame the gas boom

23 May 2013

By Fumbuka Ng'wanakilala DODOMA (Reuters) - Tanzania has drafted policies aimed at channelling the benefits of a gas boom to its own people, in the face of a fatal riot over plans for a new pipeline. The draft policy paper seen by Reuters proposes gas companies list on the local stock exchange, creating a gas revenue fund and a national oil and gas company, and locating plants onshore to liquefy ...