Tanzania: Government announces plans for a national registry of mine owners and shareholders
"Name of mine owners to be disclosed", 26 October 2018
The government has vowed to establish a register of mine owners and shareholders in mining firms across the country as it seeks to ensure transparency in the extractive sector. To that end, the government will work with different stakeholders - including the parastatal Tanzania Extractive Industries Transparency Initiative (Teiti) - in ensuring that the register is established and properly maintained...
In his remarks, Mr Utouh said that, as Teiti chairman, he will "work hard to ensure that the Initiative has a functional operating system. Teiti is required by statute to prepare a communications system with the mining industry," he revealed - adding that cooperating with the independent administrator is obligatory on the part of the industry...