Acacia employs around 2,600 Tanzanian nationals © Acacia Mining
Acacia employs around 2,600 Tanzanian nationals © Acacia Mining

Acacia Mining spent $434m with local Tanzanian firms

5 July 2018

Acacia Mining in Tanzania purchased goods and services worth $434m from local businesses in 2017, according to a study.

A report by EY said these purchases accounted for 67% of total supplier purchases made by the mining group. Around $120m of the spend went to businesses in the direct locality of the company’s three mines in the Lake Zone.

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