Tanzania: 'Dangote Did Not Castigate JPM On Policy'

Dar es Salaam — Mr Aliko Dangote, a major investor in Tanzania's cement manufacturing industry, did not castigate Tanzania's investment policy, a statement released on Wednesday said.

Mr Dangote was quoted by a Financial Times article on Monday as saying President John Magufuli's investment policies could 'scare away investors from the country.' But the statement by the Africa Press Organisation (APO) said Mr Dangote's comments was blown out of proportion.

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