Saturday , September 23 2017
Home / Tag Archives: President Magufuli

Tag Archives: President Magufuli

Tanzania confiscates diamonds from British mining company

The Tanzanian government has announced the seizure of diamonds worth an estimated $29.5 million after accusing British company Petra Diamonds, of undervaluing the worth of the gems. Minister of Finance Philip Mpango stated on Sunday that he had “nationalized” these diamonds, extracted from the Williamson Diamonds mine, 75% owned by …

Read More »