China to contribute to Africa’s growth: Vice President

BEIJING, May 8, 2018.                                                                                           Xinhua | Editor: ZX

Chinese Vice President Wang Qishan attended the Third Forum on China-Africa Local Government Cooperation here on Tuesday, saying China is ready to contribute to Africa’s development with its own development.

In a speech at the opening ceremony, Wang said that China and Africa have always stuck with each other through thick and thin and supported each other. The local governments’ exchanges and cooperation on poverty alleviation and sustainable development will help promote the comprehensive strategic cooperation partnerships between China and African nations.

Wang said that China will unswervingly implement the strategy of opening up to the outside world for mutual benefit so as to realize the great rejuvenation of the Chinese nation under the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era.

He noted that China is still a developing country and faces the principal contradiction of unbalanced and inadequate development. It is arduous task and big challenge for China to win the battle of targeted poverty alleviation and achieve an all-round well-off society, Wang said.

On the sidelines of the forum, Wang also met with Nigerien Prime Minister Brigi Rafini and former Tanzanian Prime Minister Salim Ahmed Salim, respectively.

When meeting with Rafini, Wang conveyed Chinese President Xi Jinping’s sincere greetings to Nigerien President Mahamadou Issoufou, saying that China will make efforts to lift bilateral ties to a new high.

Rafini also conveyed the Nigerien president’s greetings to President Xi, saying that Niger appreciates China’s help and support and hopes to learn from China’s experiences on development.

When meeting with Salim, Wang conveyed President Xi’s cordial greetings to Tanzanian President John Magufuli. Wang said he expects China-Tanzania ties will continue to advance through concrete cooperation projects under the guidance of the leaders of both sides.

Salim also conveyed the Tanzanian president’s greetings to President Xi, saying that China has sincerely helped Africa’s development and is a true friend of Tanzania. He hoped that the two sides will conduct in-depth exchanges and cooperation at all levels, and continue to consolidate and develop the traditional friendship between Tanzania and China.

CHINA-BEIJING-WANG QISHAN-AFRICA-FORUM (CN)Chinese Vice President Wang Qishan (R) meets with Nigerien Prime Minister Brigi Rafini on the sidelines of the Third Forum on China-Africa Local Government Cooperation in Beijing, capital of China, May 8, 2018. (Xinhua/Chen Yehua).

CHINA-BEIJING-WANG QISHAN-AFRICA-FORUM (CN)Chinese Vice President Wang Qishan (R) meets with former Tanzanian Prime Minister Salim Ahmed Salim on the sidelines of the Third Forum on China-Africa Local Government Cooperation in Beijing, capital of China, May 8, 2018. (Xinhua/Chen Yehua).

More Info  China to contribute to Africa’s growth.

USD 344M Kinyerezi Power Plant Is A Game Changer

Haley Zaremba                                                                                                     Apr 07, 2018, 6:00 PM CDT 

This week Tanzania opened a brand new $344 million, 167.82-megawatt natural gas power plant outside of the nation’s commercial capital, Dar es Salaam, marking a turning point in the nations push toward industrialization. The plant, already running at full capacity, is just one part of Tanzanian President John Magufuli’s initiative to transform the Sub-Saharan country’s economy–the third biggest in Africa–into an industrial powerhouse by 2025.

Up until this point, Tanzania has been the furthest thing from an energy frontrunner, with a population of 54 million, skyrocketing demand for power, and just 1,400 MW of installed grid capacity. In the past, the majority of Tanzania’s energy has come from hydropower, leading to frequent shortages in a region with persistent droughts. The inauguration of the new Kinyerezi II natural gas plant will be an undeniable game-changer for the East African nation.

The new natural gas infrastructure will be complemented with a massive hydropower generation project slated for July. The 2,100 MW hydropower project, to be built at the Stiegler’s Gorge in the Selous Game Reserve, will be the largest dam in Tanzania by the time it’s finished in 2021. Combined with the new natural gas plant, Tanzania is expecting to solve the nation’s previous power woes with this massive development in the nation’s power generation capabilities. Soon they may even be able to sell off surplus energy to other countries.

So how has a historically impoverished, developing nation made such a turnaround in such a short time? In a word: Japan. Japanese company Sumitomo Corp. constructed Tanzania’s revolutionary new natural gas plant, and a Japanese bank loan covered 85 percent of the $353.72 million price tag. However, Tanzania has also been making major strides in their own economic strategies with majorly successful money-saving initiatives, particularly when it comes to energy.

As part of the country’s push for sustainable energy independence, Tanzania has moved away from importing fossil fuels to focus on using their own domestic natural gas reserves, allowing them to save $4 billion between 2015 and 2017, and therefore massively accelerate domestic economic output and capabilities. The adoption of natural gas and the shift away from HFO and diesel has also saved nearly $6.7 billion just in 2015.

Now, the challenge will be keeping up with demand for natural gas. As the nation achieves its own industrial goals, the next step is to ensure sustainability. Currently Tanzania sources 50 percent of its electricity from natural gas, but the current regime is hoping to push that number a lot higher thanks to the new Kinyerezi II plant. Domestic demand for natural gas has already more-than doubled from 145 million standard cubic feet (scf) a day in 2016 to 300 million scf in 2017, according to figures from the Tanzania Petroleum Development Corporation (TPDC).

The gas is there–it just needs to be extracted. Tanzania has 57 trillion cubic feet of proven natural gas reserves, but they are mostly undeveloped. Furthermore, for the gas that is readily available, there is very little infrastructure to deliver it to potential consumers. President Magufuli said last year that Tanzania will need to invest $46.2 billion over the next 20 years to overhaul its outdated energy infrastructure and increase output capacity to meet with the developing nation’s fast-growing demand for electricity.

Tanzania is still in the beginning stages of industrialization, but its recent developments are extremely promising for the nation’s own economic independence. With growing infrastructure and more readily available electricity, the country will be able to attract much more investment from more wealthy countries (like Japan) but will hopefully also allow the long-impoverished nation to come into its own as an economic player on the global stage.

By Haley Zaremba for Oilprice.com

More Info Tanzania’s $344M Natural Gas Plant Is A Game Changer

Magnis Resources reaches consensus in Tanzania

Megan  van  Wyngaardt                                                                                                     9th March 2018  

Tanzania has granted Australia’s Magnis Resources approval for a graphite processing plant in a designated special economic zone (SEZ) to process graphite mined from the Nachu mine.

The SEZ is under the jurisdiction of the Department of Industry, Trade and Investment, and is not subject to the changes in the mining legislation promulgated last year.

The SEZ licence for production of value-added graphite products is the only such license to be granted in Tanzania, which is pushing for the implementation of large projects that will add value to the country’s economy and development.

Following the introduction of new mining sector legislation in Tanzania during the second half of 2017, Magnis has continued to progress discussions with the government regarding the development of the mining and processing projects.   Those discussions led to Magnis submitting a proposal outlining that the entire Nachu processing plant will operate under a 100% subsidiary, Magnis TechnologyTanzania (MTT) in the SEZ licence area, with the productsfrom the SEZ continuing to be advanced graphite productsthat can be made using Magnis’ proprietary technology.

Magnis is also the parent company of Uranex Tanzania.

MTT will own and operate 100% of the company’s processing plant at Nachu under the laws applicable to the SEZ under the Export Processing Zone Authority (EPZA) with the objective of promoting investment in Tanzania.

MTT will initially produce refined jumbo and super jumbo flake products and spheroidal graphite products for the lithium-ion battery market, while Uranex will operate under the laws and regulations applicable to the country’s miningindustry under the Ministry of Minerals.

President John Magufuli has set Tanzania on a firm path towards industrial development, with the processing of industrial mineral ores at the top of the industrialisation agenda. In this regard, EPZA CEO Joseph Leon Simbakalia said the authority had been mandated by law to play the critical role of promoting and facilitating the establishment of SEZs to host minerals ore beneficiation industries linked to a value chain of associated downstream industries.

“We are pleased to announce with Magnis that Industry, Trade and Investment Minister Charles Mwijage who is also EPZA’s chairperson, already signed to endorse amendment of the Magnis Resources Export Processing Zones made under Government Notice Number 221 of 2017.”

“We look forward to working closely with Magnis by way of facilitation and assistance that will enable execution of this exciting project in optimum time; with the introduction of new technologies to process graphite, as well as the development of new skills for Tanzanians,” said Simbakalia.

Magnis chairperson Frank Poullas said the ongoing support provided to us by the Tanzanian government crystallised the value of the Nachu project and established MTT as an approved graphite processor in Tanzania.

“We look forward to progressing development at Nachu and bringing considerable economic and skills benefits to Tanzania through the development of the mine and the processing operations through MTT,” Poullas added.

Edited by: Mariaan Webb
Creamer Media Senior Researcher and Deputy Editor Online.

More Info Tanzania grants Magnis approval to operate graphite processing plant

AngloGold Seeks Talks to Break Impasse on Mine Laws

  • CEO says he’s waiting for Tanzania to set date for talks
  • AngloGold may sell some mines if the price is right, CEO says.

AngloGold Ashanti Ltd. is seeking talks with the Tanzanian government to break a deadlock over changes to mining laws that the firm has said it will challenge through arbitration.

 “We have reached out to the government for negotiations,” Chief Executive Officer Srinivasan Venkatakrishnan said in an interview with Bloomberg Television at a Bank of Montreal mining and metals conference in Florida. “We are agreeing the logistics on when we meet with the government.”

Last year, Tanzania approved laws that enable it to renegotiate contracts with mining companies as well as other measures such as higher royalty payments. AngloGold, which plans to extend the life of its Geita mine in the country, has since lodged an appeal with the United Nations Commission on International Trade Law to have a mine development agreement it signed with Tanzania in 1999 upheld.

The Johannesburg-based company supports Tanzania’s attempts to improve citizens’ living standards and root out corruption, Venkatakrishnan said. The government has been in a year-long fight with another producer, Acacia Mining Plc, after placing a ban on mineral concentrate exports and saying that firm under-reported the value of its shipments.

 Other Mines

AngloGold, which has sold some South African mines following heavy losses, last week said it will reopen its idled Obuasi mine in Ghana after the country approved a plan to redevelop the asset as a more profitable, mechanized operation.

The CEO said AngloGold will “never say never” on moving its primary listing from Johannesburg, may still sell more mines and is also open to partnerships at Obuasi.

“We are quite comfortable with the diverse nature of the portfolio,” Venkatakrishnan said. “Having said that, for the right offer, every one of the assets we have to look at in terms of potentially putting it on a disposal track if we choose to.”

He declined to comment when asked if London would be a logical place for the primary listing, saying only that a shift from Johannesburg is “certainly an option we have to continue to look at. Whatever delivers best value for shareholders we’ll look at.”

Mining companies in the Democratic Republic of Congo, where AngloGold has a joint venture with Randgold Resources Ltd., are optimistic that President Joseph Kabila will return a proposed, controversial mining code back to Parliament, Venkatakrishnan said.

— With assistance by James Attwood.

More Info https://www.bloomberg.com/news/articles/2018-02-26/anglogold-seeks-tanzania-talks-to-break-impasse-on-mine-laws

 

Kenya na Tanzania zakubaliana kutatua vikwazo vya kibiashara

Na Mohamed Ahmed                                                                                                          January 31, 2018                                                                                                                                                                                    Kenya na Tanzania zimekubaliana kuondoa tofauti zao na kuanza kushughulikia kutatua vikwazo vya kibiashara kati ya nchi hizi mbili.

Katika taarifa ya pamoja iliyotolewa mjini Mombasa, nchi hizo mbili zitatoa ripoti yao Alhamisi kuhusu makubaliano ya kuondoa vikwazo visivyo vya kodi ili kuongeza biashara ya ndani ya kikanda.

Katibu Mkuu wa Biashara ya Kimataifa Chris Kiptoo na Mwenzake wa Viwanda, Biashara na Uwekezaji wa Tanzania, Elisante ole Gabriel katika Mkutano wao uliofanyika katika Hoteli ya Sarova Whitesands, wamekubaliana kuondoa mikwamo ya kibiashara ambayo imetishia uhusiano mzuri kati ya nchi hizi mbili jirani.

Wamesema nchi hizi mbili zimekubaliana kuruhusu uagizaji na usafirishaji wa bidhaa kati yao.

“Tayari tumeweza kutatua usafirishaji wa ngano, maziwa na bidhaa za LPG. Zote hizi sasa zinasafirishwa kupitia mipaka bila tatizo lolote. Ili kuhakikisha kwamba tunaboresha biashara yetu ya kikanda tumeamua kuwa tutaondoa vikwazo, “Dr Kiptoo alisema.

MPANGILIO

Kutakuwa na tume ya kuthibitisha katika mpangilio maalum ili makubaliano kuwa ya mafanikio.

Dr Kiptoo alisema mazungumzo haya yaliyofanywa na wawakilishi wa nchi hizi mbili wamekubaliana kuwa na mikakati ya majadiliano ili kuboresha usafirishaji wa bidhaa.

“Tumekubaliana pia kuwa tuwe tukiwatembelea wananchi katika mipaka yetu na kutatua baadhi ya matatizo ambayo wanayo ili kuboresha mazingira ya kibiashara kati ya nchi zetu mbili,” aliongeza.

Prof Gabriel alisema mataifa haya mawili yataondosha “kodi zisizohitajika” za bidhaa.

Aliongeza kuwa Kenya na Tanzania watakuwa na mpango-kazi wa kutatua changamoto zinazowakabili katika biashara.

KUTOKUKUBALIANA

“Katika kila serikali lazima pawepo na kutokukubaliana lakini hatutaki tofauti zisizo na msingi amabazo zinaweza kutatuliwa.

Tuko katika mpango wa kuboresha viwanda vyetu na kukubaliana kufanya raia wetu kuendeleza maslahi ya kitaifa,” alisema Prof Gabriel.

Tofauti hizi mbili za hivi karibuni zilizotokana na mnada wa ng’ombe zaidi ya 10,000 na uchomaji wa vifaranga 6,400 vya Kenya na mamlaka za Tanzania.

MASUALA MADOGO

Dk Kiptoo amechukulia uamuzi wa serikali ya Tanzania kama “masuala madogo ambayo hayapaswi kupewa umaarufu mkubwa” na kuongeza kuwa “nchi hizo mbili zinayashughulikia vizuri”.

“Tumeona biashara kati ya nchi hizi mbili ikiboreka. Uhusiano kati ya Tanzania na Kenya ni mzuri na tunafanya vyema, “alisema.

Hata hivyo, alikubali kuwa katika miaka mitatu iliyopita, biashara kati ya nchi hizo mbili imepungua.

Kwa sababu hiyo, alisema, wanajitahidi kuona uwekezaji zaidi katika kila nchi kukua hususan katika bidhaa za kilimo na biashara.

“Tumejiuliza kwa nini biashara inapungua kati ya nchi zetu mbili na ni nani anayechukua sehemu kubwa ya biashara hiyo na tunafanyia kazi njia bora zaidi zinazofaa kushughulikia yote hayo,” alisema Dr Kiptoo.

More Info Kenya and Tanzania agree to resolve trade barriers

Petra Diamonds delivers record production

Megan Wyngaardt                                                                                                        29th January 2018

In the six months to December 31, LSE-listed Petra Diamonds saw a 10% production increase to 2.2-million carats across its operations, which was in line with guidance.

This represented record production for any six-month period for the company.

This year, Petra is guiding for a lower grade at Cullinan, largely offset by a higher average diamond price, resulting in the revenue per tonne remaining materially in line with expectations.

Meanwhile, the miner noted that recoveries at Cullinan’s new plant to date indicated that a steady-state higher grade could be achieved by recovering larger quantities of small, low value diamonds; however, it would be uneconomic to do so and would not be in line with the company’s strategic focus on value rather than volume production.

For this reason, Petra’s full-year revenue is expected to remain in line with current consensus. Production guidance has been reduced to around 4.7-million carats, from around five-million carats, owing to the lowered grade guidance at Cullinan as well as the labour action at Petra’s South African mines in the first quarter.

Earnings before interest, taxes, depreciation and amortisation (Ebitda) were also expected to be negatively affected by around 15% versus the current consensus, primarily owing to the recent strengthening of the rand and its potential impact on Petra’s cost base in dollar terms; operating costs otherwise remain well controlled.

Meanwhile, owing to ongoing constraints in Tanzania, such as the government blocking a 71 000 ct parcel from its Williamson mine, Petra has reported a 1% decline in its revenue to $225.2-million, while the diamonds sold decreased by 5% to 1.81-million carats, also impacted on by Williamson‘s first parcel not being sold.

Rough diamond prices on a like-for-like basis were also down 3.5%. However, higher average values were realised at Finsch, Cullinan and Koffiefontein owing to the improved product mix associated with the higher production levels of undiluted ore and the lower contribution of tailings carats.

Underground expansion projects at Finsch and Cullinan continued to deliver increased volumes of undiluted ore from newly established mining areas.

Throughput ramp-up at the new Cullinan plant is also progressing well, with one-million tonnes run-of-mine (RoM) treated during the second quarter, achieving planned RoM capacity.

Five stones larger than 100 ct – though of poor quality – were recovered through the new plant in the first half. These include a 574.15 ct stone, which is the largest stone recovered by Petra at Cullinan to date, and a number of other higher-value stones; this is in line with the expected increase in special stones as indicated by historical records, as mining from the Western side of the orebody increases. Plant process optimisation is ongoing.

Meanwhile, the miner expects to be in breach of its December 31, 2017 Ebitda-related covenant measurement ratios associated with its banking facilities. The company has, therefore, started formal discussions with its lender group, evaluating both the December 2017 and June 2018 measurements, bearing in mind the risks to covenant compliance associated with potentially not selling the blocked Williamson parcel and the potential further strengthening of the rand.

These discussions were expected to be concluded during the third quarter, with Petra remaining confident that the lender group would continue to support the company as it progressed towards its targeted production profile.

More Info Petra Diamonds

Strong demand pushes up meat production

BY DAILY NEWS REPORTER                                                              

INCREASE in demand in the mining and tourism industries pushed up meat production to 648,810 tonnes in 2016 from 579,757 tonnes in the previous year.

The Bank of Tanzania (BoT) 2016/17 annual report also attributed the increased meat production to the expansion of export markets mainly in Mozambique, Vietnam, Oman, Qatar and United Arab Emirates.

Similarly, there was a rise in milk production to 2,127.0 million litres in the year under review from 2,058.0 million litres in 2015. Livestock sub-activity grew by 2.6 per cent in 2016 compared with 2.4 per cent in 2015, due to increase in the number of livestock sold through registered markets following improvement made on markets infrastructure including renovation and installation of weighing scales in the auctions.

Fishing activity recorded a growth rate of 4.2 per cent in 2016 compared with 2.5 per cent in 2015, while forestry grew by 3.4 per cent compared with 2.6 per cent. The improvement recorded in 2016 was largely due to an increase in production of wood and wood products and other forestry products, including tourism hunting and honey harvesting and production of bees’ wax.

In the agricultural sector, the production of all major traditional export crops declined in the 2016/17 season due to unfavourable rains and low farm-gate prices, resulting into slower growth of agriculture activities by 2.1 per cent compared to 2.3 per cent in 2015. The Bank report also attributed the fall in export prices and inadequate farm inputs that contributed to the decline in production of traditional export crops.

“Save for cashew nuts whose production increased, coffee, tobacco, cotton, tea, and sisal declined in 2016/17,” stated the report. The increase in cashew nut production was mostly caused by better farm-gate prices, timely availability and application of agricultural inputs and favourable weather conditions.

Unfavourable rains also affected crop production and access to sufficient water to feed the livestock, with crops sub-activity mostly affected, recording annual growth of 1.4 per cent in 2016 compared with 2.2 per cent in 2015.

Production of food crops amounted to 15.9 million tonnes in the period under review compared with 16.1 million tonnes in 2015/16.

Cereals production was estimated at 9.4 million tonnes relative to 9.5 million tonnes a year earlier, while that of non-cereals was 6.5 million tonnes compared with 6.7 million tonnes. Food production in 2016/17 was more than the national food requirement by 19.6 per cent, though lower compared with preceding year.

More Info Strong demand pushes up meat production

Biashara ya nafaka EA kuimarika kufuatia Makubaliano

Biashara ya nafaka katika kanda ya Afrika Mashariki inatarajiwa kuongezeka kufuatia kuimarishwa kwa Itifaki ya Jumuiya ya Afrika Mashariki (EAC) katika viwango vya vyakula vikuu 2017.

Wadau wa mnyororo wa thamani, chini ya Uongozi wa Baraza la Mazao la Afrika Mashariki (EAGC), hivi karibuni jijini Nairobi walizindua viwango 11 vilivyobuniwa kwa minajili ya vyakula vikuu, sampuli na njia za upimaji.

Mkurugenzi Mtendaji wa EAGC, Gerald Masila anasema kufuatia uimarishwaji wa maombi ya matumizi ya viwango, wakulima watafikia masoko bora na makubwa, wakati watumiaji watafurahia bidhaa bora na salama za nafaka.

Makubaliano ya uimarishwaji wa viwango hivyo ambavyo vinatarajiwa kuridhiwa ndani ya nchi za Jumuiya ya Afrika Mashariki, yalizinduliwa na kuwasilishwa kwa utekelezaji wakati wa kumalizika kwa Mkutano wa mwisho wa mwaka wa Wanachama wa EAGC uliofanyika jijini Nairobi mwezi uliopita.

Katibu Mkuu wa EAC, Betty Maina alisema viwango vya Jumuiya ya Afrika ya Mashariki kwa nafaka na jamii ya kunde vilitangazwa rasmi na EAC mwaka 2013.

Lakini, kwa viwango Maina alisema, haviwezi kutekelezwa ili kutambua muundo wa biashara ya nafaka ndani ya kanda kutokana na vikwazo kama vile mahitaji ya usalama na ubora, sampuli na njia za upimaji.

“Mapungufu yaliyopo yanahitaji mapitio, mchakato ambao umekwisha kufikia viwango vya mwaka 2017 vinavyokubalika na Jumuiya,” aliongeza.

Viwango tisa vya kipaumbele vya bidhaa vilivyopitiwa ni mahindi, ngano, mchele, maharage, soya, unga wa mahindi, unga wa ngano, unga wa mtama na unga wa ulezi.

Baadhi ya vigezo vilivyozingatiwa kwa njia ya marekebisho ya viwango vilikuwa viwango vya maudhui ya unyevu, utolewaji rangi nafaka, mazao sumu, miongoni mwa mengineyo.

Baraza la Mazao la Afrika Mashariki (EAGC), kwa msaada kutoka kwa washirika wa Maendeleo pamoja na Mashirika ya Maendeleo ya Kimataifa, SIDA, USAID, DFID, CTA, miongoni mwao; yamekuwa yakishirikiana na Jumuiya ya Afrika ya Mashariki (EAC) katika mchakato wa kuimarisha viwango vya mazao ya nafaka,  mazao  ya jamii ya kunde, na mazao mengine tangu mwaka 2010 na Baraza limehamasisha na kujitolea rasilimali na ushirikishaji wadau katika mchakato huu.

Taarifa Zaidi  EA grain trade to intensify following standards harmonisation

Tanzania government eager to restore investor confidence

The Tanzania government has expressed its desire to kick start the mining industry and restore investor confidence.

This is according to ASX-listed rare earths junior Peak Resources and its CEO Rocky Smith who recently met with the Tanzania government to discuss the company’s Ngualla rare earths project.

“There is clear recognition by officials of the uncertainty that the announcement of the legislative changes created, and they are working pro-actively to demonstrate that Tanzania is still an attractive investment destination and open for business,” Smith says.

Smith also notes that Special Mining Licence (SML) applications will be given priority by the Mining Commission. The Ministry confirmed that Peak Resources’ SML application is one of only three current applications.

“We are extremely encouraged by our ongoing interactions with the Tanzanian government.”

Since the changes to the mining legislation in Tanzania in July this year Peak’s senior executives have spent considerable time in Tanzania continuing to develop the excellent relationship the company enjoys with the government and other stakeholders.

“The Mining Commission will assess project requirements on their own merits on a case by case basis. Early indications from the Ministry are that they understand that the export of the rare earth concentrate to Teesside is a practical requirement for the viability of the Ngualla project. Membership of the new Commission is expected to be announced by the end of the year.”

“These reassurances provide me with confidence that we can look forward to seeing some substantive progress on Ngualla’s final project development permitting in early 2018.”

More Info https://www.miningreview.com/news/tanzania-government-eager-restore-investor-confidence/

Huduma Zaidi / More Services

Muhunda Resources Limited inawatangazia wateja wake na wawekezaji wote kuwa inaendelea kutoa ushauri wa kifedha na kiuwekezaji katika ofisi zake za mjini Musoma.

Kampuni yetu hivi sasa imeongeza utoaji wa huduma zake za ushauri kwa kuongeza huduma za ushauri wa dhamana na hati-fungani za Serikali (Treasury Bills na Treasury Bonds) za Benki Kuu ya Tanzania (BOT) kuongezea huduma zetu tunazotoa za ushauri wa kiuwekezaji katika Soko la Hisa la Dar es Salaam, DSE.

Gharama za ushauri zinazotozwa na kampuni yetu, Muhunda Resources Limited ni kuanzia shilingi elfu tano tu (5,000/-) za kitanzania.

Karibuni Nyote!

Muhunda Resources Limited informs its existing clients and investors that we are continuing to provide financial and investment advice at our Musoma offices.

Our company has now expanded its consulting services to include financial advice of Government Securities (Treasury Bills and Treasury Bonds)’ purchase that are offered through the Bank of Tanzania (BOT) in addition to our brokerage services for the Dar es Salaam Stock Exchange, DSE.

The advice cost charged by our company, Muhunda Resources Limited starts at Tanzania Shillings 5,000/- (about USD 2.25).

You are all welcome!