Economy

Tanzania’s Economy Continues To Strengthen As Inflation Remains Under Control

Through the Barrick-Twiga Future Forward Programme, the company has invested USD20 million in the education sector.

According to a World Bank report and data from the United States Geological Survey, Tanzania is projected to rank third in Africa and sixth globally in mineral wealth by 2050.

The plan takes into consideration the availability of road infrastructure, the TAZARA railway, parking areas and other economic activities associated with transportation and trade.

Once operational, the facility is expected to handle up to 1.5 million passengers annually and accommodate large aircraft, including Boeing 787 Dreamliners.

The mine is implementing workplace safety requirements through the increased use of cloud- connected machinery, equipment and automated technologies in high-risk underground areas.

The training had begun in Dar es Salaam, but plans are underway to extend it to upcountry regions such as Mwanza, Arusha, Tanga, Dodoma and Morogoro.

East African countries collectively represented a market of more than 300 million people, with abundant natural resources, a large youth population and steadily improving infrastructure.

The equipment conducts geological surveys at depths of up to 200 to 300 metres underground to obtain soil samples.