Mining News

The Finance Act 2023 has come into effect on 1 July 2023. It includes various changes, notably to Section 56 Income Tax Act so that a change of underlying ownership…

The recently enacted Mining (State Participation) Regulations 2022 revoked the Mining (State Participation) Regulations 2020 as of 23 September 2022 and, in brief, include the following provisions: Government participation in mining…

Written Laws (Miscellaneous Amendments) (No 4) Bill 2021 includes proposed changes to the Mining Act RE 2019 (CAP 123) as outlined briefly below: Amended to strengthen the Government’s participation in the…

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…

Under the Tax Administration Act 2015, Tanzania Revenue Authority can recover a taxpayer’s tax payments by issuing an Agency Notice on third party debtors of the taxpayer to compel that third…

Under the Mining (Minimum Shareholding and Public Offering) Regulations 2016, as amended by the Mining (Minimum Shareholding and Public Offering) (Amendment) Regulations 2017, a holder of a Special Mining Licence…

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…

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%…

Mining Commission has published Guidelines for Submission of Local Content Plans 2018. Please contact us if you have any comments or questions.

Mr Job Ndugai, Chairman of the Parliamentary Select Committee formed to investigate how Tanzania benefits from gas and oil extraction, has said renegotiating of contracts with all companies engaged in…