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XINHUA NEWS SERVICE REPORTS FROM THE AFRICAN CONTINENT

 
Mining company official appears in Tan-
zanian court over economic sabotage

DAR ES SALAAM Tanzania (Xinhua) -- Acacia Mining Plc Managing Director for Tanzania, Asa Mwaipopo, on Tuesday appeared in a Tanzanian court facing nine counts of economic sabotage.

State Attorney Faraja Nchimbi asked the Kisutu Resident Magistrate’s Court in the commercial capital Dar es Salaam to join the 55-year-old Mwaipopo in another case facing two other officials from Acacia Mining Plc which owns three gold mines in Tanzania.

The counts involved conspiracy to commit offences, tax evasion, corrupt transactions, leading organized crime, uttering false documents and forgery.

Meanwhile, four companies of Pangea Limited, North Mara Goldmine, Exploration Du Nord LTEE and Bulyanhulu Goldmine are also facing similar charges.

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EARLIER REPORT:

Tanzania to promote agriculture as engine for attaining middle-income goal

DAR ES SALAAM Tanzania (Xinhua) -- A senior Tanzanian government official said on Monday plans are afoot to modernize and commercialize agriculture to enable the east African nation attain middle-income status by 2025.

“Ideally, the agricultural sector should grow at between 8 and 10 percent in order to move (the) majority of Tanzanians out of poverty,” said Director of Policy and Planning in the Ministry of Agriculture David Biswalo.

“This is why the government has put in place strategies to ensure the sector is commercialized, modernized and made profitable,” he said.

Biswalo told the start of consultative talks on Tanzania Agribusiness Mapping, held in Arusha city, agriculture has great potential for growth and comparative advantages when different parameters are factored in.

The agricultural sector plays a significant role in inflation control as more than 95 percent of food requirements in the country are obtained from locally produced crops.

The sector also provides 65 percent of industrial raw materials in the country and contributes about 30 percent of export earnings.

New strategies to stimulate the sector’s growth include the recently developed Tanzania Business Enabling Environment Support program, with the support of the World Bank Group, Biswalo said.

The program would focus on agri-business, specifically supporting investment generation and the fast growing horticulture value chain, he said.

           

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