Tanzania Information Services Department
President of United Republic of Tanzania Dr. John Pombe Magufuli said Acacia Mining Company should follow rules and regulations while doing business in Tanzania.
Speaking after receiving the second report on mineral ore presented by Chairman of the committee prof. Nehemia Osoro at State house early this week, President Magufuli condemned illegal mining operations done by Acacia company in the country.
“Acacia Mining Company is not registered as business entity by Business Registration and Licensing Agency (BRELA) and for many years has been underpaying taxes up to TZS 110 trillion.” Said President Magufuli and called Acacia to publicly confess and apologise to Tanzanians.
He stressed that for Acacia to continue its operations in the country it has to abide by law of the land and that the government “has no ill feelings against it and is ready to continue to do business with Acacia” provided it conducts its business according to the rules and regulations. President Magufuli upheld the export ban of all minerals ore, unless Acacia pays taxes and directed that export of gold from mines operated airports should be inspected by state security organs.
In his speech which was televised live by various television stations, President Magufuli instructed state organs to investigate the matter and hold accountable all government leaders and civil servants named in the report and others involved in the whole saga.
Acacia mining company owns three mining companies in Tanzania namely Pangea Minerals Limited, Bulyanhulu GoldMine Limited and North Mara Gold Mine Limited.