Tanzania: Disturbing Figures

Alpha · Jan 10, 2009

Mkandara said:
Re: Tanzania: Disturbing Figures: Just a reminder....

Last year, for instance, the Minister for Energy and Minerals, William Ngeleja, told the parliament that during the period between 2001 and 2006, Tanzania produced gold worth $2.6 billion (Tshs3.38 trillion), but the government earned only $78 million.
In simple arithmetic, this is just 3 percent of the total revenues generated from thousands of tonnes of gold produced in the Lake Victoria gold belt. It also shows that the government earned an average of $13 million annually during that period from the multibillion industry whose real investments currently is valued at $2.5 billion.
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Everytime i see these numbers i am still astonished and i still cannot believe how anybody in there right mind could condone this wholesale looting of our natural resources.

Companies like Barrick probably give out more than 13 million just in bonuses to their employees each year.

It's sad, really sad.

Mwana wa Mungu · Jan 10, 2009

umesahau kitu kimoja, TANZANIA NI NCHI PEKEE AMBAYO VIUNGO VYA BINADAMU NI DILI. dunia nzima inaongoza. aibu tupu.

Kichuguu · Jan 10, 2009

Tanzania tunajikaanga wenyewe kwa mafuta yetu. Tuna madini mengi, tunawachaguwa viongozi wanaolewesha na kamisheni kwenye mdini hayo, wanaanza kutukandamiza na kutugawia vizawadi vya nyama ya ngombe na pipa la pombe kila kijiji, madini yanachukuliwa na wageni, tunaendelea kulia umaskini.

Tanzania: Disturbing Figures

Alpha

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Mwana wa Mungu

JF-Expert Member

Kichuguu

Platinum Member