Magufuli’s resource nationalism comes back to haunt Tanzania as arbitral rulings line up

In depth
Issue 489 - 08 Aug 2023 - By Marc Howard | 8 minute read

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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