AGP Executive Report
Last update: 5 hours agoAngloGold Ashanti Dividend & Cashflow: AngloGold Ashanti said Q2 2026 free cash flow rose 36% to $727m and declared a $364m interim dividend, while flagging brownfield growth plans to lift gold output from 2029. Tax & Trade Climate: The IMF commended Tanzania Revenue Authority reforms for strengthening tax administration and improving taxpayer engagement to support trade and investment. Maritime Security Spending: Prime Minister Mwigulu Nchemba commissioned two patrol boats and ordered ministries to budget for patrol operations and maintenance to tackle piracy, illegal fishing, trafficking and smuggling. Banking Resolution: The Deposit Insurance Board completed FBME Bank’s final liquidation payout, with Tanzanian depositors set to receive 100% of verified funds. Procurement Transparency: PPAA urged bidders to use the Complaints and Appeals Module in the NeST system to challenge unfair procurement decisions faster and more transparently. Agribusiness Push: Dodoma’s Nanenane Exhibition drew a record 1,133 exhibitors, while youth agribusiness training selected 100 innovators from 729 applicants. Edible Oil Strategy: Tanzania unveiled a 10-year edible oil plan targeting self-sufficiency by 2035, including major land expansion and processing investment. Energy & Finance: Off-grid solar is drawing mainstream capital interest as d.light and Sun King use bond and securitised debt structures to scale pay-as-you-go systems. Mining & Local Value: Tanzania’s mineral recovery value rose 44.7% in Q1, driven mainly by higher gold output. TADB Recognition: TADB won a Global Brand Award for agricultural financing solutions, highlighting support for farmers and food security.
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