Kitomari Banking & Finance Blog is a premier site for banking, finance, business, economic, investment and stock market news as well as selected informative articles from Tanzania, East Africa and the rest of the World. We operate 24 hours a day, 365 days a year with complete context, perspective and precision.
Saturday, 18 May 2019
ACACIA FINED OVER 5BN/- FOR ENVIRONMENTAL POLLUTION
Acacia Mining is again in trouble after failing to contain effluent from North Mara Gold Mine's Tailings Storage Facility (TSF). It is feared that the effluent contains chemicals which are harmful to human health, water sources and livestock. Consequently, the mining company will be obliged to pay a 5.6bn/- fine for environmental pollution.
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