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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches

Tanzania seeks shares in uranium, nickel mines; Plans SWF

Posted on 23 January 2014

Tanzania is holding talks with foreign companies planning uranium and nickel production in the country to ensure the government receives stakes under a 2010 law requiring it to take shares in strategic mines, its president Jakaya Kikwete said.
Kikwete also said the government plans to pass legislation this year to create a sovereign wealth fund to manage future revenues from gas production……………………………..Full Article: Source


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