Tanzania's President Magufuli says signed new mining Bills into law

10th July 2017 By: Reuters

DAR ES SALAAM – Tanzania's President John Magufuli said on Monday he had signed into law three Bills passed by Parliament last week, that pave the way for a rise in royalties for gold and other minerals and an overhauling of contracts in the sector.

"I would like to thank Parliament for making the legislative changes. I signed the bills into law the same day Parliament concluded its session on July 5," Magufuli told a public rally at his home village in Chato district, northwestern Tanzania.