ETG ordered to hand back land
- Africa Intelligence
- 23 May 2014
ETG considers the Government of Tanzania is trying to expropriate part of its land and is demanding compensation in the region of $20 million.
ETG considers the Government of Tanzania is trying to expropriate part of its land and is demanding compensation in the region of $20 million.
The European Union (EU) has provided Tanzania a grant of 59.5 million euros for improved agri-business and trade facilitation that will support the Southern Agricultural Growth Corridor of Tanzania.
The company wants an end to land conflicts in the area "where Dar es Salaam based bigwigs are frustrating the project" and incentives for ethanol production.
Au Kenya, la haute cour de justice a confirmé la décision du gestionnaire des marchés de rejeter l’offre publique d’achat de Vania Investment Pool sur les actions du producteur de Sisal Rea Vipingo Plantations Ltd
The world's quest for crops to produce biofuels has triggered a wave of controversial land acquisitions in Tanzania as foreign companies jostle for land that villagers and indigenous people claim as theirs.
Growers associations have signed a Memorandum of Understanding to strengthen farmers' participation in the design and implementation of the Southern Agriculture Growth Corridor of Tanzania.
In return for corporate investment and aid, African states are reforming policies to make it easier for corporations to operate in their farming sectors.
Critics of New Alliance say private investment and improvements in rural infrastructure will not liberate people from poverty
Tanzania's Minister for Agriculture says land to be used for investments would be acquired through proper channels. "Send this message to all that Tanzania's government has no plans to grab land."
The Tanzanian government is not eager to parcel out too much land to transnational corporations, writes the Tanzania Daily News.
Case study of Duxton Asset Management's planned investment in Kapunga Rice Farm in Tanzania
As investment deals between big business and the government are made across Tanzania, those working on behalf of small-scale farmers argue that more needs to be done to ensure their needs are not overlooked.