Written by
VELMA Law
VELMA Law, Dar es Salaam Tanzanian Law Firm
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In Summary
While the current government has rightly highlighted industrialisation as its priority, one should not ignore the potential role that mining can play. Indeed, a large chunk of the foreign exchange income and economic growth over the last decade can be directly attributed to mining. A lot of the public debate on mining has often placed too much focus on absolute corporate tax collections, leaving out the catalytic impact that mining has had on other sectors such as hospitality and transport.
NOTE: This has been prepared for general information purposes for any interested persons, it is not comprehensive information on the subject matter and it should not be regarded as legal advice.