On 7 August 2026, the Bank of Tanzania (BOT) published the Foreign Exchange (Eligible Persons for Gold Transactions with the Bank) Order 2026 through the Government Notice 242 of 2026…
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On 30 June 2026, the Finance Act 2026 (2 of 2026) was published and came into effect on 1 July 2026. Please see below some of the areas of…
On 15 June 2026 the government tabled the Finance Bill 2026 which proposes numerous changes. Please see below summary of some of the key proposed changes from the Bill. Bank of…
The Prime Minister’s Office Labour, Youth, Employment and Persons with Disability has issued the new wage order, the Labour Institutions (Minimum Wage for Private Sector) Order 2025 (New Order), which shall come…
The Mining (Local Content) (Amendment) Regulations 2025 were published on 12 September 2025 and amend various regulations under the Mining (Local Content) Regulation 2018 as follows (key highlights): Please contact VELMA Law if you…
The Business Licensing (Prohibition of Business Activities for Non-Citizens) Order GN 487A 2025 (Order), effective from 28 July 2025 under the Business Licensing Act 1972, now restricts the participation of…
Value Addition in Tanzania refers to the processes that increase the value of raw materials or goods before they are exported. This can involve transforming raw materials into processed goods, adding branding…
On 17 April 2025, the Minister for Minerals issued the Technical Support for Small-Scale Miners Regulations 2025 (Regulations) and below is the summary thereof:
Please see attached report “Foreigners Banned in Small Scale Mining” in the Daily News on 19 February 2025 stating the intention to ban foreigners from engaging in small scale mining…
The Mining (Minerals and Mineral Concentrates Trading) Regulations 2018 have been amended by the Mining (Minerals and Mineral Concentrates Trading) (Amendment) Regulations 2024 as follows: NOTE: This has been prepared…
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