The Tanzanian Parliament has passed a bill to enact the new Arbitration Act 2020 (Bill). It now awaits Presidential assent before being passed into law to replace the existing Arbitration Act 1931. The Bill provides for conduct relating to “domestic commercial arbitration”, “international, commercial arbitration” and enforcement of foreign arbitral awards and related matters. Key … Read more
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
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
It is reported that the Deputy Minister for Mineral and Energy, Dr Medard Kalemani said at a sideline of the Oil and Gas Conference in Dar es Salaam: He continued:
On 29 June 2017 the Government submitted the 3 Bills to the National Assembly under a Certificate of Urgency: Natural Wealth and Resources Contracts (Review and Re-Negotiation of Unconscionable Terms) Bill 2017 (NWRCR) Natural Wealth and Resources (Permanent Sovereignty) Bill 2017 (NWR) Written Laws (Miscellaneous Amendments) Bill 2017 A public hearing by the Parliamentary Committee will be … Read more
Natural Gas Utilisation Master Plan (NGUMP) is ready for implementation in 2017. See newspaper article.
State House has announced that Geoffrey Idelphonce Mwambe has been appointed as the new Executive Director of Tanzania Investment Centre (TIC). We understand that from June 2016 Mr Mwambe was District Commissioner for Manyoni District in Singida Region and before that Director of Trade, Investment and Productive Sectors at the Ministry of Foreign Affairs and East … Read more
Petroleum (Natural Gas Pricing) Regulations 2016 apply in Mainland Tanzania and govern pricing of natural gas for domestic and cross border markets. The pricing of natural gas, in addition to the best international natural gas pricing practices, will take into consideration: investment and operations costs for natural gas exploration, appraisal, field development, plus a fair … Read more
Villagers claim compensation has not been handed on to them 2004-2012. See Article in Citizen Newspaper.