[miningmx.com] – TANZANIA’S main opposition presidential candidate would review mining and gas contracts, and also scrap “unnecessary” tax exemptions for mining companies, if elected president of the east African nation in October, said Reuters.
Former prime minister Edward Lowassa, snubbed as the ruling party’s candidate last month, switched to become the opposition coalition’s contender. He could pose a tough challenge for the CCM, which has ruled since 1961.
“My government will review all major energy and mining contracts and rectify shoddy deals,” Lowassa said in a televised statement last week, without giving specifics.
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