Tanzania: JPM Sends Message to Investors

A day after Barrick Gold Corporation Executive Chairman Prof John Thornton held talks with President John Magufuli on how to deal with the loss of revenue from export of mineral concentrates, observers say the president has sent a clear and strong message to the outside world that Tanzania needs only investors with integrity and those it can trust.

A lecturer in Political Science and Public Administration at the University of Dar es Salaam, Dr Benson Bana, made this observation, saying the new developments now unfolding at State House would awaken other governments in East and across Africa on the need to weigh the conduct of foreign investors.

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