VELMA LawVELMA Law, Dar es Salaam Tanzanian Law Firm 310 310
Read it in 1 minute
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.