Tanzania: ICSID ruling on Indiana case ‘bodes well’ for others - The Africa Report.com

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Tanzania: ICSID ruling on Indiana case ‘bodes well’ for others - The Africa Report.com
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Tanzania “won’t see much foreign investment with cases like this', says Montero CEO Tony Harwood.

Posted on July 20, 2023 11:36

Air Tanzania planes may be seized if the government doesn’t comply with the ICSID ruling, says Indiana Resources executive chair Bronwyn Barnes. Found guilty of expropriating a mining site by the World Bank’s dispute settlement body, Tanzania should negotiate with other claimants, say CEOs. The International Centre for Settlement of Investment Disputes ruled in favour of Australia’s Indiana Resources on 14 July in its dispute over the expropriation of theThere's more to this story

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