VELMA Law, Dar es Salaam Tanzanian Law Firm 1200 627
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VELMA Law, Dar es Salaam Tanzanian Law Firm 310 310

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Written Laws (Miscellaneous Amendments) (No 4) Bill 2021 includes proposed changes to the Mining Act RE 2019 (CAP 123) as outlined briefly below:

  1. Amended to strengthen the Government’s participation in the management of its 16% free carried interest shares in mining companies holding mining licences or special mining licences.
  1. Amended to facilitate establishment of special arrangements which entitle the Government to directly participate in the mining operations for the purposes of safeguarding the interests of the Government.

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