Treasury Registrar Nehemiah Mchechu has held discussions with representatives of AngloGold Ashanti, a leading global mining company, on strengthening the company’s long-term relationship with the government and advancing cooperation in Tanzania.
The discussions took place on Tuesday, September 1, 2026, when a delegation from AngloGold Ashanti, through its Tanzanian subsidiary, Geita Gold Mining Limited (GGML), paid a courtesy visit to the Office of the Treasury Registrar (OTR) to brief Mr Mchechu on the company’s business developments and interests in the country.
The delegation was led by Ms Lizelle Marwick, Chief Legal Officer of AngloGold Ashanti, and included Ambassador Baso Sangqu, Senior Vice President for Sustainability at AngloGold Ashanti, and Mr Simon Shayo, Vice President for Sustainability and Stakeholder Engagement at Geita Gold Mining Limited (GGML).
Mr Mchechu said OTR, as the government’s shareholder representative, approaches its relationship with companies from the perspective of being a fellow shareholder rather than an opposing party.
“Whatever keeps you away also keeps us away, and whatever brings results brings results for both of us,” he said, underscoring the importance of working together to achieve sustainable business outcomes.
He said OTR works closely with relevant authorities, with the institutions reading from the same page on key issues to ensure consistency and stability for investors.
Mr Mchechu said OTR was committed to building a long-term relationship with AngloGold Ashanti based on mutual understanding, effective corporate governance and a shared interest in ensuring the success of the business.
He also stressed the importance of strengthening corporate governance and ensuring that boards have capable members with a strong understanding of business, enterprise and strategic direction, particularly in companies that contribute taxes and dividends to the Government.
For her part, Ms Marwick said AngloGold Ashanti values its relationships with host governments and appreciates its long-standing engagement with the Tanzanian Government.
She said the company was committed to building a genuine partnership in which both sides contribute their strengths and perspectives for mutual benefit and the wider interests of the country.
Ms Marwick said AngloGold Ashanti was ready to support capacity building for government-appointed directors through governance and induction programmes covering fiduciary responsibilities, board processes and financial literacy.
She also proposed technical exposure visits to Geita Gold Mine to help government directors better understand mining operations, including the technical aspects of resources and reserves.
Ms Marwick described Geita Gold Mine as a flagship asset and said AngloGold Ashanti had remained committed to Tanzania despite legislative changes and challenges associated with COVID-19.
She said the company’s relationship with the government would provide an important stepping stone for its other exploration titles in Tanzania, noting that AngloGold Ashanti could expand more easily where it already had operations, infrastructure and a strong working relationship with the Government.
