acacia mining — investing in tanzania/media/files/a/... · source: ernst & young's may...
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1503-1424484Source: Ernst & Young's May 2015 report entitled, "Acacia Mining plc total economic and tax contributions in Tanzania, 2014.* Unless otherwise stated dollar amounts are shown in 2014 US$; figures may not appear to sum due to rounding.
graphic design: Charles Council
Acacia supported 53,943 jobs in Tanzania in 2014
Induced (consumers)jobs 19,000
Indirect (supply chain)jobs 30,500jobs 4,443
Acacia
For every one Acacia employee, 11 jobs are created elsewhere in the Tanzanian economyAcacia's wage employment impacts with multipliers
x1 x6.9 x4.3
94%
26.7mm (Tsh)US$16.4k
2.5mm (Tsh)US$1.5k
Acacia Avg. Wage Tanzanian Employees
National Avg. WageTanzanian EmployeesAcacia is a high-wage employer
Tanzanian national employees were paid an average wage nearly 11 times the national average in 2014
93.7% of Acacia employees in Tanzania are Tanzanians
% based on average 2014 Acacia employment in Tanzania vs.
11x
Acacia’s 2014 social investmentsAcacia invested a total of US$10.9mm
$10.9mm
Other4%
Health9%
Comnty support
12%Water15%
Edu.30%
Infrastr.31%
$8.5mm Maendeleo Fund spending
$2.4mm Mine site-specific community projects
78%
22%
$488mm$190mm
Towards GDPTotal
$319mm$141mm
Labour income
Tanzania taxes
$118mm $61mm Indirect & induced
Direct
$678mm
$459mm
$179mm
Estimated economic and fiscal contributions of Acacia in Tanzania
Of this $179mm, $29.7were direct taxes paid by Acacia's 4,161 Tanzanian national employees, equating to an averageof over $7,100 (10.3mm Tsh) per Tanzanian national worker.
$200mm importsAcacia purchases from suppliers located outside of Tanzania (imports)
29%
$488mm domesticAcacia purchases from suppliers located in Tanzania
71%
Suppliers in the same regions as Acacia mines
Suppliers in other regions of Tanzania$389mm
$99mm
71% of Acacia’s total spend of US$688mm on goods and services in 2014 were spent with Tanzanian suppliers—a significant increase from 58% in 2013
Acacia Mining — Investing in Tanzania
Acacia purchased $488mm of goods and services from suppliers located in Tanzania in 2014
1503-1424484Source: Ernst & Young's May 2015 report entitled, "Acacia Mining plc total economic and tax contributions in Tanzania, 2014.* Unless otherwise stated dollar amounts are shown in 2014 US$; figures may not appear to sum due to rounding.
graphic design: Charles Council
Acacia supported 53,943 jobs in Tanzania in 2014
Induced (consumers)jobs 19,000
Indirect (supply chain)jobs 30,500jobs 4,443
Acacia
For every one Acacia employee, 11 jobs are created elsewhere in the Tanzanian economyAcacia's wage employment impacts with multipliers
x1 x6.9 x4.3
94%
26.7mm (Tsh)US$16.4k
2.5mm (Tsh)US$1.5k
Acacia Avg. Wage Tanzanian Employees
National Avg. WageTanzanian EmployeesAcacia is a high-wage employer
Tanzanian national employees were paid an average wage nearly 11 times the national average in 2014
93.7% of Acacia employees in Tanzania are Tanzanians
% based on average 2014 Acacia employment in Tanzania vs.
11x
Acacia’s 2014 social investmentsAcacia invested a total of 18bn Tsh
18bn Tsh
Other4%
Health9%
Comnty support
12%Water15%
Edu.30%
Infrastr.31%
14bn Tsh Maendeleo Fund spending
4bn Tsh Mine site-specific community projects
78%
22%
795bn Tsh310bn Tsh
Towards GDPTotal
519bn Tsh229bn Tsh
Labour income
Tanzania taxes
192bn Tsh 99bn Tsh Indirect & induced
Direct
1.10tn Tsh
748bn Tsh
291bn Tsh
Estimated economic and fiscal contributions of Acacia in Tanzania
Of this 291bn Tsh, 48bn Tsh were direct taxes paid by Acacia's 4,161 Tanzanian national employees, equating to an average of over 10.3mm Tsh per Tanzanian national worker
326bn Tsh importsAcacia purchases from suppliers located outside of Tanzania (imports)
29%
795bn Tsh domesticAcacia purchases from suppliers located in Tanzania
71%
Suppliers in the same regions as Acacia mines
Suppliers in other regions of Tanzania634bn Tsh
161bn Tsh
71% of Acacia’s total spend of 1.12tn Tshon goods and services in 2014 were spent with Tanzanian suppliers—a significant increase from 58% in 2013
Acacia Mining — Investing in Tanzania
Acacia purchased 795bn Tsh of goods and services from suppliers located in Tanzania in 2014
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