Tanzania Gold Plant Launched In Plan To Stop Exports
Jun 15, 2021 ·
52s
Download and listen anywhere
Download your favorite episodes and enjoy them, wherever you are! Sign up or log in now to access offline listening.
Description
Tanzania has launched a $5.2m gold refining plant that is aimed at ensuring the country no longer exports raw gold. The Mwanza Precious Metals Refinery factory has a capacity of...
show more
Tanzania has launched a $5.2m gold refining plant that is aimed at ensuring the country no longer exports raw gold.
The Mwanza Precious Metals Refinery factory has a capacity of refining 480kg gold per day and is one of three new factories established in Tanzania.
The factory is expected to earn revenue for Tanzania through levies and royalties.
It is also expected to provide more than 100 direct jobs and over 300 indirect jobs for Tanzanians.
The factory is a partnership between the Tanzanian government - which holds a 25% stake - and other investors.
show less
The Mwanza Precious Metals Refinery factory has a capacity of refining 480kg gold per day and is one of three new factories established in Tanzania.
The factory is expected to earn revenue for Tanzania through levies and royalties.
It is also expected to provide more than 100 direct jobs and over 300 indirect jobs for Tanzanians.
The factory is a partnership between the Tanzanian government - which holds a 25% stake - and other investors.
Information
Author | Africa Business Radio |
Organization | Africa Business Radio |
Website | - |
Tags |
Copyright 2024 - Spreaker Inc. an iHeartMedia Company