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Tanzania encourages investment to broaden mining sector base
OBG
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New listing requirements for Tanzania’s mining companies are key components of the government’s plans to use the upstream extractive sector to stoke broader economic growth. First mooted in 2010, the government announced in September new regulations stipulating that companies holding special mining licences – which extend up to 25 years – must list at least 30% of their shares on the Dar Es…
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The Report: Indonesia 2012: Industry and Retail
OBG
plus

Efforts are under way to transition the economy from one based on the export of raw materials, particularly hydrocarbons, to more advanced production. Recent trends show that this push is gaining traction, as Indonesia’s GDP grew 6.1% in 2010 despite a 2.3% contraction in the oil and gas sectors. The country aims to become an industrialised country by 2025. To facilitate this transformation, state…