Latest Breaking News On - Tanzania president john magufuli - Page 3 : comparemela.com

Tanzania s Barrier-Breaking New President Advertisement April 06, 2021 The sudden death in Marah of Tanzania President John Magufuli turns the spotlight on his successor, Vice President Samia Suluhu Hassan, now the nation’s first female president. She inherits the helm of a nation in relatively good shape, economically growth slipped to 2% last year but remained positive, and economists were surprised by a 10% jump in foreign reserves in January, to $5.2 billion, according to NKC African Economics. Foreign direct investors in its mining industry are apprehensive on account of Magufuli’s resource-nationalist policies. Foreign investors in Tanzania’s mining will be watching closely to see whether Suluhu will hew to her predecessor’s resource-nationalist policies, which included relatively high royalty rates, a ban on export of mineral concentrates and curbs on international arbitration for resource groups. She is expected to retain Magufuli’s nationalistic minerals min

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