Mining (State Participation) Regulations 2020

The Mining (State Participation) Regulations 2020 have been published to give more details on the acquisition and control of Government’s non-dilutable free carried interest shares in a mining company. Of particular note is the right of Government to “receive a proportionate share from any repaymentof either equity, shareholding loan or third-party loan” (see Regulation 10(1)(k)). … Read more

Arbitration Act 2020 Tanzania

The Tanzanian Parliament has enacted the new Arbitration Act 2020 which has been given Presidential assent and passed into law in February 2020 to replace the Arbitration Act 1931. The Act provides for conduct relating to “domestic arbitration”, “international arbitration” and enforcement of foreign arbitral awards and related matters. Key issues addressed in the Act … Read more

Mining – Local Content Regulations 2019

New Mining (Local Content) (Amendments) Regulations 2019 have made some changes to the Mining (Local Content) Regulations 2018, which include: Local shareholding requirement for indigenous Tanzanian companies reduced from 51% to 20%. Timeline extensions for review of local content plans by Mining Commission and Local Content Committee, starting at 60 days. Local shareholding requirement for … Read more

Tanzania Investment Policy Assessment May 2018

USAID has published its Tanzania Investment Policy Assessment 2018 via its East Africa Trade + Investment Hub. Statistics are from United Nations Conference on Trade and Development (UNCTAD). See: http://unctad.org/en/Pages/statistics.aspx The set of investment policy questions that guided the research process are adapted from the World Bank Group. See http://documents.worldbank.org/curated/en/666341500008847215/pdf/117475-PUBLIC-WP-13-7-2017-12-8-30-SPIRAToolKitGuide.pdfInternational best practice is cited from several … Read more

Blueprint for Regulatory Reforms to Improve Tanzanian Business Environment

Ministry of Industry, Trade and Investment, Dodoma has in May 2018 published a Blueprint for Regulatory Reforms to Improve the Business Environment dated December 2017. The Blueprint provides the Government’s main framework for enabling a holistic review of the business enabling environment (BEE) in order to improve the business climate in Tanzania. It presents key … Read more

Mining Commission Public Notice dated 18 May 2018

The Mining Commission has begun to review applications of various mining licenses for the purpose of issuing licenses to applications that will meet certain criteria and has issued a Public Notice dated 18 May 2018 (unofficial translation). Please contact us if you have any comments or questions, so we can advise you further.