Budget Speech June 2018

Copy of Budget Speech 2018 by Minister for Finance and Planning for the estimate of government revenue and expenditure for 2018/19. This shall be debated in Parliament and a resultant Finance Act shall be enacted of the approved provisions.  NB not all the proposals are certain to make it through. Please contact us if you have any … 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 appointed

The President, Dr John Pombe Magufuli, on Wednesday 18 April 2018 has appointed with immediate effect Professor Idris Suleiman Kikula, a former vice chancellor of a state university, as Chairman of the new Mining Commission and also named 8 Commissioners to serve under him, to regulate and monitor the mining industry and mining operations in Tanzania … Read more

Mining – Local Content Regulations 2018

Mining – Local Content Regulations 2018 have been published. They are detailed and concise in their scope and application but are materially unclear in some aspects. As regards foreign service providers please note for instance: Regulation 8(6): A non-indigenous Tanzanian company which intends to provide goods or services to a contractor, a subcontractor, licensee, the Corporation or … Read more