Fumbuka Ng'wanakilala's profile photo

Fumbuka Ng'wanakilala

Tanzania

Journalist at Bloomberg News

Featured in: Favicon bloomberg.com Favicon msn.com Favicon globo.com Favicon yahoo.com (+9) Favicon businessinsider.com Favicon dailymail.co.uk Favicon reuters.com Favicon indiatimes.com Favicon smh.com.au Favicon usnews.com

Articles

  • 2 weeks ago | bloomberg.com | Fumbuka Ng'wanakilala

    (Bloomberg) -- Tanzania plans to make it compulsory for large-scale miners to refine and trade at least 20% of their gold output domestically as the East African nation seeks to benefit from a rally in the bullion price and control a larger share of its resources. Miners that will likely be affected by the move include Barrick Gold Corp., the world’s second largest gold producer, and AngloGold Ashanti Plc.

  • 2 weeks ago | bloomberg.com | Eric Ombok |Fumbuka Ng'wanakilala

    Tanzanian shilling banknote. Photographer: Luis Tato/AFP/Getty Images(Bloomberg) -- Tanzania’s shilling strengthened the most since mid January, paring one of the world’s biggest yearly losses. The shilling rose 1% to 2,588.12 per dollar on Wednesday, bringing gains for the month to 3.7%. That’s pared its loss for the year to about 7%.

  • 1 month ago | bloomberg.com | Fumbuka Ng'wanakilala

    Samia Suluhu Hassan, president of Tanzania. (Bloomberg) -- Tanzania restricted internet access after several government accounts on the X social network platform were compromised. Social media users said they have resorted to using a virtual private network, or VPN, to access X. The hackers, who also hit some government accounts on YouTube, posted messages claiming the East African nation’s president has died.

  • 1 month ago | financialpost.com | Fumbuka Ng'wanakilala

    Article content(Bloomberg) — Tanzania’s Deputy Prime Minister Doto Biteko said the government wants to agree the terms of a long-delayed $42 billion liquefied natural gas facility with international oil companies by October. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Article contentNegotiators for a consortium comprising Shell Plc, Equinor ASA and Exxon Mobil Corp.

  • 1 month ago | bloomberg.com | Fumbuka Ng'wanakilala

    LNG pipework. (Bloomberg) -- Tanzania’s Deputy Prime Minister Doto Biteko said the government wants to agree the terms of a long-delayed $42 billion liquefied natural gas facility with international oil companies by October. Negotiators for a consortium comprising Shell Plc, Equinor ASA and Exxon Mobil Corp.

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