June 29, 2017 / 10:54 AM / 2 months ago

Tanzania submits bills so govt can renegotiate mining, gas contracts

DAR ES SALAAM, June 29 (Reuters) - Tanzania lawmakers submitted three bills to parliament on Thursday allowing the government to force mining and natural gas companies to re-negotiate 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. (Reporting by Fumbuka Ng'wanakilala,; writing by Katharine Houreld and Ed Osmond)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below