DODOMA, March 6 -- TANZANIAS investment climate has been boosted as the Fair Competition Commission (FCC) approves major mining deals alongside over 100bn/- in industrial mergers, while simultaneously strengthening consumer protection enforcement in the past year.

Speaking to journalists yesterday in Dodoma, Acting Director General of the FCC, Ms Khadija Ngasongwa, said the approvals reflect growing investor confidence while reinforcing safeguards for consumers.

At the heart of the approvals are mining transactions exceeding 2.6 billion US dollars, including Shudao Investment Group Co. Ltds acquisition of shares in Tanzania China International Mineral Resources Limited (TCIMRL), which is implementing the Mchuchuma coal and Liganga iron ...