The acquisition will boost its market share to about 15%.
In the statement, Sebastian Mikosz said the decision was a personal one and he would leave at the end of the year.
The 13.4 million dollar deal will make room for both purchasers to make significant savings in royalties paid to Vodafone
The deal for the Bagamoyo port was signed in 2013 by the government of Magufuli’s predecessor, Jakaya Kikwete
Though the survey is yet to begin, the political oppositions are blunt in their verdict of how the president would treat any discovery.
The company says the Tanzanian government was considering issuing an EPO due to alleged deficiencies at its tailings storage facility.
Ethiopia has also suspended electricity exports to neighbouring Djibouti and Sudan.
East Africa’s largest economy is seeking another credit facility since its previous 1.5 billion U.S. dollars ended last year.
They will customize local applications and seek solutions to local problems for the African continent.
Eligible hunting companies will be allocated a maximum of five hunting blocks, each of different categories.