Gold miners in Western Australia state are being hit with an increase in royalty payments under measures released on Thursday that are designed to return the one-time "economic engine of a nation" to fiscal health via revenue from the mining sector.
The London Metal Exchange sought on Thursday to win back trading volumes by proposing a cut in fees for trades crucial to its physical user base as rivals gear up to offer alternatives.
Official figures released on Thursday signall a bad start for the second half of the year with business confidence at its lowest in more than three decades.
President John Magufuli has asked for a review of a local contract belonging to Petra Diamonds and ordered senior officials to resign over the outcome of a probe into the diamond and tanzanite sector.