Tanzania faces a $109.5m hit in one of several disputes dating back to late president John Magufuli’s government, after an Icsid arbitral panel decided in favour of the Ntaka Hill nickel sulphide joint venture in the latest – but likely not the last – bill to come due from the former administration’s nationalist economic policies – a legacy President Samia Suluhu Hassan’s reforming government is working to overcome, writes Marc Howard.
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